Reinsurance Recoverables definition

Reinsurance Recoverables means the amount of reinsurance recoverables that are actually collected under Ceded Reinsurance.
Reinsurance Recoverables means all amounts due or payable to the Ceding Company under the Existing Reinsurance Agreements, including all recoverables, returns, amounts in respect of profit sharing and all other sums to which the Ceding Company may be entitled under the Existing Reinsurance Agreements. [REDACTED]
Reinsurance Recoverables means all amounts due under reinsurance agreements entered into with Unaffiliated Reinsurers relating to the Reinsured Contracts, including all receivables, recoverables, returns, amounts in respect of profit sharing and all other sums to which Cedent may be entitled under the third party reinsurance agreements except to the extent related to reinsurance recoverables for Excluded Liabilities.

Examples of Reinsurance Recoverables in a sentence

  • Unsecured Reinsurance Recoverables Individual Reinsurers with Unsecured Reinsurance Recoverables Exceeding 3% of Policyholder Surplus Individual Reinsurers Who Are Members of a GroupGroup Code FEIN B.

  • Section D.2.8 and D.2.9 provide further information on Reinsurance Recoverables.

  • Appendix 5 Reinsurance Recoverables The Canadian P&C 2 regulatory filing S1 solvency test permits credit to be taken for admissible reinsurance recoveries, thereby reducing the amount syndicates have to fund in the LCTF.

  • Reinsurance Recoverables in Dispute The Association does not have reinsurance recoverables in dispute for paid losses and loss adjustment expenses that exceed 5% of policyholders’ surplus from an individual reinsurer or exceed 10% of policyholders’ surplus in aggregate.

  • Reinsurance Recoverables in Dispute—Reinsurance recoverable on paid and unpaid (including IBNR) losses in dispute by reason of notification, arbitration or litigation shall be identified if the amounts in dispute from any entity (and/or affiliate) exceed 5% of the ceding entity’s policyholders surplus or if the aggregate of all disputed items exceeds 10% of the ceding entity’s policyholders surplus.


More Definitions of Reinsurance Recoverables

Reinsurance Recoverables means any amount that an insurer is entitled to recover, but has yet to recover, from its reinsurance counterparty in respect of claims that have been paid by the insurer;
Reinsurance Recoverables means all amounts receivable by the Cedant under the [*] Third Party Reinsurance Contracts to the extent relating to the Reinsured Policies pursuant to the terms and conditions of such [*] Third Party Reinsurance Contracts as set forth on Schedule 1.1(d) hereof, in each case, [*].
Reinsurance Recoverables has the meaning set forth in the Reinsurance Agreement.
Reinsurance Recoverables has the meaning set forth in Section 3.1(c)(iv).
Reinsurance Recoverables means the amount as of the Effective Time equal to the “Amounts Recoverable from Reinsurers” (page 2, line 16.1) and “Other Amounts Receivable Under Reinsurance Contracts” (page 2, line 16.3) components of item B.4 of the Closing Net Settlement Statement as finally determined pursuant to Section 2.6 of the Master Agreement with respect to the Affected Policies.
Reinsurance Recoverables means, with respect to the Company, the aggregate of all amounts recoverable from reinsurers with respect to the Reinsured Contracts, determined in accordance with Applicable SAP and appropriately includable on lines 12.1, 12.2, 12.3 and 12.4 of the Assets page of the NAIC Annual Statement Blank or in comparable line items in successor NAIC annual statement blanks.
Reinsurance Recoverables means all amounts when due under Third Party Reinsurance Contracts including all receivables, recoverables, returns, amounts in respect of profit sharing and all other sums to which Seller Insurer Party may be entitled under the Third Party Reinsurance Contracts except to the extent related to reinsurance recoverables for Excluded Liabilities.