Reinsurance Treaties definition

Reinsurance Treaties shall have the meaning set forth in Section 6.13 of this Agreement.
Sample 1Sample 2Sample 3
Reinsurance Treaties has the meaning set forth in Section 3.24. --------------------
Sample 1
Reinsurance Treaties. Insurance Subsidiary" and the "Subsidiaries" have the meaning set forth in the International Purchase Agreement and the U.S. Purchase Agreement.
Sample 1

Examples of Reinsurance Treaties in a sentence

  • Minister of Finance & Planning directing all insurers to cede 30% of all types of Reinsurance Treaties and Facultative Reinsurance arrangements to NITF with effect from 1st January 2013.

  • The Reinsurer shall be bound by the judgment of the Company as to the obligation(s) and liability(ies) of the Company under any Reinsurance Treaties.

  • The contracts listed on Exhibit A attached hereto represent the claims submitted by PLIC and PHVLIC for payment under the Reinsurance Treaties under the above-described circumstances (the “Spousal Contracts”).

  • All reinsurance under this Contract shall be subject to the same terms, conditions, waivers and interpretations, and to the same modifications and alterations as the respective Reinsurance Treaties of EMCC and the Reinsured.

  • PLIC and PHVLIC processed these death claims under the Reinsurance Treaties in the same manner as if a death had occurred and no spousal election to continue the contract had been made.

  • IHC agrees that if it or any of its Subsidiaries other than SSLICNY and MNL currently or in the future write medical stop-loss business, that IHC shall cause them to likewise cede, at treaty renewals, 15% of the gross premiums from their employer medical stop-loss programs they have written to First Standard through treaty years ended on or before December 31, 2014 on substantially the same terms and conditions as set forth in the Reinsurance Treaties.

  • IHC and Seller shall use their best efforts to cause First Standard to enter into reinsurance treaties (the "Reinsurance Treaties"), in substantially the form previously provided to Buyer, with Standard Security Life Insurance Company of New York ("SSLICNY") and Madison National Life Insurance Company, Inc.

  • Properties insured are covered under Surplus Reinsurance Treaties and Catastrophe Excess of Loss Treaties with provision being made for reinstatement of premiums to be paid to Excess of Loss Reinsurers, should the need arise, through a Reinstatement Premium Protection Cover.

  • The Reinsurance Treaties have a “no claims bonus” clause where in the event that no claims arise under the treaties, the reinsures will allow State Fund to commute the treaty, which entitles State Fund to a return premium.

  • The territorial limits of this Contract shall be identical to the territory limits of the original Reinsurance Treaties.


More Definitions of Reinsurance Treaties

Reinsurance Treaties has the meaning specified in Section 3.41(b). (oooo) "Reinsurers" has the meaning specified in Section 3.41(e).
Sample 1
Reinsurance Treaties means any reinsurance treaty to which the Company is or becomes a party.
Sample 1
Reinsurance Treaties means contracts or other agreements pursuant to which Sellers cede insurance in connection with the Transferred Business.
Sample 1

Related to Reinsurance Treaties

  • 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;

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

  • 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.

  • Reinsurers shall be understood to mean “Reinsurers”, “Underwriters” or whatever other term is used in the attached reinsurance document to designate the reinsurer or reinsurers.

  • Unemployment Insurance means the contribution required of Vendor, as an employer, in respect of, and measured by, the wages of its employees (or subcontractors) as required by any applicable federal, state or local unemployment insurance law or regulation.

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

  • Applicable Insurance Regulatory Authority means the insurance department or similar insurance regulatory or administrative authority or agency of the jurisdiction in which the Company is domiciled.

  • Reinsurance Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers, as reinsurers, assume liabilities under insurance policies or agreements issued by another insurance or reinsurance company or companies.

  • Insurance Regulator means any Person charged with the administration, oversight or enforcement of any Insurance Regulation.

  • Insurance Ordinance means the Insurance Ordinance (Cap. 41 of the Laws of Hong Kong).

  • Credit unemployment insurance means insurance:

  • Ceding Commission shall have the meaning specified in Section 5.2.

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • Insurance Commissioner means the Insurance Commissioner

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • Reinsurer has the meaning set forth in the preamble.

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Borrower or any of its Restricted Subsidiaries, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of coinsurance in an amount up to $150,000,000) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth herein.

  • Insurance Regulatory Authority means, with respect to any Insurance Subsidiary, the insurance department or similar Governmental Authority charged with regulating insurance companies or insurance holding companies, in its jurisdiction of domicile and, to the extent that it has regulatory authority over such Insurance Subsidiary, in each other jurisdiction in which such Insurance Subsidiary conducts business or is licensed to conduct business.

  • Insurance Authority means the Insurance Authority of Hong Kong established pursuant to section 4AAA of the Insurance Ordinance.

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • Coinsurance means that you pay a percent of the total cost of the drug each time you fill a prescription.

  • Labour Commissioner means the individual appointed as Labour Commissioner in terms of in section 120;

  • Tariff Policy means a Tariff Policy adopted by the Council in terms of Section 74 of the Local Government: Municipal Systems Act 32 of 2000.

  • Bail bond insurance means a guarantee that a person will attend court when

  • Insurance Laws means all laws, rules and regulations applicable to the business of insurance and the regulation of insurance holding companies, whether domestic or foreign, and all applicable orders and directives of Governmental Authorities and market conduct recommendations resulting from market conduct examinations of Insurance Regulators.