Retrocessionaire definition

Retrocessionaire means any Person to whom the Reinsurer retrocedes any of the Reinsured Risks.
Retrocessionaire has the meaning set forth in the preamble.
Retrocessionaire means a person reinsuring a reinsurer;

Examples of Retrocessionaire in a sentence

  • Retrocedant agrees to indemnify, defend and hold harmless Retrocessionaire, and its officers, directors and employees with respect to any and all Losses arising from any breach by Retrocedant of any representation, warranty or covenant herein.

  • Similarly, from and after the Closing Date, Retrocessionaire shall afford to Retrocedant, any Post-closing Subsidiary of Retrocedant and their respective Representatives reasonable access (including using commercially reasonable best efforts to give access to Persons possessing information) during normal business hours to Information within Retrocessionaire's possession relating to Retrocedant, insofar as such information is reasonably required by Retrocedant.

  • All expenses of establishing and maintaining any letter of credit or other security arrangement shall be paid by Retrocessionaire.

  • Retrocessionaire shall have the right to associate with Retrocedant, at Retrocessionaire's own expense, in any actions brought by Retrocedant to make such collections.

  • From and after the Closing Date, Retrocessionaire and Retrocedant or their designated representatives may inspect, at the place where such records are located, any and all data and information that is specifically described in writing within the possession of the other party hereto reasonably relating to this Agreement, on reasonable prior notice and during normal business hours.


More Definitions of Retrocessionaire

Retrocessionaire means an insurer or reinsurer assuming reinsurance risks under a retrocession. [ 1991, c. 828, §20 (NEW) .]
Retrocessionaire has the meaning set fo1ih in the Preamble. "Subject Reserves" means the aggregate amount of gross reserves of AII allocable to the Covered Losses ceded by AEL, All and Technology under the Existing Quota Share Agreement, less Third Party Reinsurance Recoverables allocable to such Covered Losses, plus Commuted Reserves, in each case, calculated in accordance with GAAP, in excess of the Retention and up to the Aggregate Limit. For the avoidance of doubt, pursuant to Post­ Termination Endorsemeot No. J, All shall be responsible, and Maiden Re shall not indemnify 6 \ PH . IX3029.'000IS3 . fl 1926 v29
Retrocessionaire means the retrocessionaire designated by the Reinsurer on or after the Closing Date.
Retrocessionaire means Great Southern Life Insurance Company, which is the Corporation's reinsurer for the policies.
Retrocessionaire means a reinsurer that reinsures the Company’s obligations under an Assumed Reinsurance Contract. Risk Based Capital Ratio
Retrocessionaire means Nassau Re (Cayman) Ltd., a Cayman Islands exempted company.
Retrocessionaire means Clear Spring Life Insurance Company, an insurance company domiciled in Texas.