Reinsurance Transactions definition

Reinsurance Transactions means the transactions contemplated by the Closing Date Reinsurance Agreements.
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Reinsurance Transactions means the reinsurance by each of SW Life and SLT of all of their existing deferred annuity blocks of business as set forth in that certain Reinsurance Agreement between SW Life and RGA Reinsurance Company to be dated as of or about the Effective Date.
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Reinsurance Transactions means all transactions consummated by any Insurance Company after the Agreement Date with any Person other than another Insurance Company involving the reinsurance of any insurance policy then in force, other than reinsurance entered into in the ordinary course of business.
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Examples of Reinsurance Transactions in a sentence

  • Reinsurance Transactions Effective December 31, 1988, the Company entered into a modified coinsurance reinsurance agreement ("MODCO") with Aetna Life Insurance Company ("Aetna Life"), an affiliate company, in which substantially all of the non-participating individual life and annuity business written by Aetna Life prior to 1981 was assumed by the Company.

  • As none of the applicable percentage ratios for the amounts of premiums and commissions of the Outward Reinsurance Transactions exceeds the 5% threshold under Rule 14A.76 of the Listing Rules, the Outward Reinsurance Transactions are only subject to the reporting, annual review and announcement requirements and are exempt from the independent shareholders’ approval requirement under Chapter 14A of the Listing Rules.

  • The parties will treat any such Election Statements as addenda to the relevant reinsurance agreements (in the case of any Reinsurance Transactions) or to this Agreement (in the case of any deemed reinsurance transactions).

  • The last column divides the found percentages (column 3) by the expected (column 2).

  • Related Party Reinsurance Transactions The Company has reinsurance agreements with certain of the Holding Company’s subsidiaries, including Metropolitan Life Insurance Company, First MetLife Investors Insurance Company, MetLife Insurance Company of Connecticut, MetLife Investors USA Insurance Company, MetLife Investors Insurance Company, MetLife Europe Limited (“MEL”), New England Life Insurance Company and Alico Life International Limited, all of which are related parties.

  • The Reinsurance Transactions consist of both treaty and facultative business and the range of risks covered includes all lines of general reinsurance risks and certain classes of long term reinsurance risks on both a proportional and non-proportional basis.

  • Intra-Group Reinsurance Transactions (commonly known as IGRs) are essentially the same as similar reinsurance transactions between two unconnected regulated legal entities, and much of the rationale for entering and executing such transactions is identical.

  • Following the Closing, Buyer shall keep Seller reasonably informed on a regular basis as to the status of all regulatory approvals for the Proposed Wilton Reinsurance Transactions covering the Financed Business to be entered into after the Closing.

  • The Actuarial Standards Board issued Actuarial Standards of Practice (ASOP) 11, Financial Statement Treatment of Reinsurance Transactions Involving Life or Health Insurance.

  • Effective January 1, 2015, having ceded the maximum amounts permitted under the QSR Reinsurance Transactions, Radian Guaranty is no longer ceding NIW under these agreements.


More Definitions of Reinsurance Transactions

Reinsurance Transactions means any of the risk transfer transactions, upon terms and conditions acceptable to the Bank, to be concluded by TCIP (as hereinafter defined) from time to time pursuant to the provisions of paragraph 3(e) of Schedule 6 to this Agreement with one or more reinsurance companies, capital market investors or other third parties, satisfactory to the Bank, for the efficient transfer by TCIP to such third party(-ies) of part of the catastrophic insurance risk carried by TCIP under Earthquake Insurance Policies. Without limiting the generality of the foregoing, such risk transfer transactions may include reinsurance contracts or treaties, as well as capital market transactions (including the issuance of insurance-linked securities) and the financing of insurance losses by means of the issuance of securities at conditions agreed in advance upon the occurrence of a previously defined event (so-called contingent capital transactions).
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Related to Reinsurance Transactions

  • Insurance transaction means any transaction involving insurance primarily for personal, family, or household needs rather than business or professional needs that entails:

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Reinsurance Agreement means any agreement, contract, treaty, certificate or other arrangement whereby any Regulated Insurance Company agrees to transfer, cede or retrocede to another insurer or reinsurer all or part of the liability assumed or assets held by such Regulated Insurance Company under a policy or policies of insurance issued by such Regulated Insurance Company or under a reinsurance agreement assumed by such Regulated Insurance Company.

  • Public-finance transaction means a secured transaction in connection with which:

  • Reinsurance intermediary means a reinsurance intermediary-broker or a reinsurance intermediary-manager.

  • Insurance Contracts means all contracts and policies of insurance and re-insurance maintained or required to be maintained by or on behalf of any Grantor under the Loan Documents.

  • Closing Transactions has the meaning set forth in Section 11.8(a) of these Bylaws.

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Separation Transactions means the Contribution, the Distribution and the other transactions contemplated by this Agreement and the Separation Step Plan.

  • Business Transaction means any initial merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses involving the Company.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Contemplated Transactions all of the transactions contemplated by this Agreement, including:

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • Company Acquisition Transaction means any transaction or series of transactions involving:

  • M&A Transaction means (a) a transaction in which all or substantially all of the assets to which the subject matter of this Agreement relates are acquired by or assigned to party that is not an Affiliate, or (b) a sale of all or substantially all of the share capital of BioLine (or its Affiliates), (c) the merger of BioLine (or its Affiliates) with any other entity, or any other similar corporate action, except an internal reorganization of BioLine (or its Affiliates) for tax-related reasons otherwise.

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • Reorganization Transactions shall have the meaning set forth in the Recitals.

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • Related Transactions Documents means the Loan Documents, and all other agreements or instruments executed in connection with the Related Transactions.

  • Potential Co-Investment Transaction means any investment opportunity in which a Regulated Fund (or its Wholly-Owned Investment Sub) could not participate together with one or more Affiliated Funds and/or one or more other Regulated Funds without obtaining and relying on the Order.

  • Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.

  • NIMS Transaction As defined in the tenth Recital to this Agreement.