Retrocession Agreements definition

Retrocession Agreements means any agreement, treaty, certificate or other arrangement whereby any Insurance Subsidiary cedes to another insurer all or part of such Insurance Subsidiary’s liability under a policy or policies of insurance reinsured by such Insurance Subsidiary.
Retrocession Agreements means any agreement, treaty, certificate or other arrangement whereby any Insurance Subsidiary cedes to another insurer all or part of such Insurance Subsidiary’s liability under a policy or policies of insurance insured or reinsured by such Insurance Subsidiary.
Retrocession Agreements means any agreement, treaty, certificate or other arrangement whereby any Credit Party cedes to another insurer all or part of such Credit Party’s liability under a policy or policies of insurance reinsured by such Credit Party.

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.

  • This Agreement shall continue in force unless and until the Retrocession Agreements and all Reinsurance Agreements shall have ceased to be in force for any purpose.

  • Each party hereto shall cooperate fully with the other in all reasonable respects in order to accomplish the objectives of this Agreement, including, without limitation, the conveyance of the benefits of the Covered Treaties, Ancillary Agreements and the Existing Retrocession Agreements, each in accordance with the terms of such agreements.

  • The liability of the Retrocessionaire towards the Retrocedant shall arise at the same time as and to the same extent as the Net Liability of the Retrocedant, such Net Liability being after all appropriate deductions for (1) claims upon the Inuring AXA RE Retrocession Agreements, subject to Article 4 below, and (2) salvage, subrogation and other recoveries received other than recoveries pursuant to the Inuring AXA RE Retrocession Agreements.


More Definitions of Retrocession Agreements

Retrocession Agreements means each of the agreements so entitled dated 5th May 2022 and [ ] 2025 between Pool Re and HM Treasury. "Scheme Documents" means this Agreement, each TAA, the Accession Agreements (if any), the Reinsurance Agreements, and the Retrocession Agreements and the documents entered into pursuant thereto, or scheduled or annexed thereto, or referred to therein as being in agreed terms.
Retrocession Agreements means each of the retrocession agreements to be entered into by and between a Ceding Company and the Company in the form of Parts I, II, and III of Exhibit F, subject to such changes as are agreed between the parties to finalise the documents at Parts II and III;
Retrocession Agreements means (a)each of the agreementagreements so entitled dated 30th July 19935th May 2022 and [ ] 2025 between Pool Re and HM Treasury; and (b) the agreement so entitled dated 25th March 2016 between Pool Re and HM Treasury; .
Retrocession Agreements means any agreement, treaty, ----------------------- certificate or other arrangement whereby any Insurance Subsidiary cedes to another insurer all or part of such Insurance Subsidiary's liability under a policy or policies of insurance reinsured by such Insurance Subsidiary. SAP means, as to each Insurance Subsidiary, the statutory --- accounting practices prescribed or permitted by the Minister (or other similar authority) in such Insurance Subsidiary's domicile for the preparation of Annual Statements and other financial reports by insurance corporations of the same type as such Insurance Subsidiary.
Retrocession Agreements has the meaning set forth in Section 3.24. ----------------------- Such agreements are separately identified as such on Schedule 3.24A. --------------
Retrocession Agreements means all contracts or other agreements for insurance or reinsurance ceded by PHL or APLAR relating to the Business.
Retrocession Agreements means (a) the agreement so entitled dated 5 May 2022 and