Examples of Retrocession Agreements in a sentence
Under the Quota Share Retrocession Agreements, we are assuming no premium or loss development on business entered into prior to January 1, 2002.
With respect to any Person, the liability of such Person under any futures contract or options contract, interest rate swap agreements and interest rate collar agreements and all other agreements or arrangements (other than Retrocession Agreements), designed to protect such Person against fluctuations in interest rates or currency exchange rates.
Commencing on the Transition Date and during the entire term of this Agreement, the Company hereby exclusively engages the Retrocessionaire to render on behalf of the Company all administrative and management services necessary and desirable to fully administer and manage the Covered Treaties, the Ancillary Agreements and the Existing Retrocession Agreements (collectively, the “Administrative Services”).
Arch and Watford have entered into Quota Share Retrocession Agreements pursuant to which Arch Reinsurance Ltd., Arch Reinsurance Company and Arch Reinsurance Europe Underwriting Limited, respectively, will have the ability to cede a share of business to Watford in conformity to the Underwriting Guidelines on terms set forth in the agreement and subject to collateral provided for therein.
AUL shall propose, but shall not authorize or bind, AUL Affiliate Cessions (other than pursuant to the Quota Share Retrocession Agreements described in Part B of the Business Framework) and shall be responsible for record-keeping, accounting and other administrative services in respect of all AUL Affiliate Cessions, but not including approval of claims payments, as respects such agreements.