Common use of BUSINESS REINSURED Clause in Contracts

BUSINESS REINSURED. 3.1 The Reinsurer hereby reinsures the Company for a one hundred percent (100%) quota share in respect of all liability, including, but not limited to, losses and loss adjustment expenses, under Policies issued or renewed on or after the effective date hereon on behalf of the Company by the Managing General Agent or its designated representative as classified by the Company in the attached Schedule of Business.

BUSINESS REINSURED. 3.1 The Reinsurer hereby reinsures the Company for a one hundred fifty-five percent (10055%) quota share in respect of all liability, including, but not limited to, losses and loss adjustment expenses, under Policies issued or renewed on or after the effective date hereon on behalf of the Company by the Managing General Agent or its designated representative as classified by the Company in the attached Schedule of Business.

BUSINESS REINSURED. 3.1 The Reinsurer hereby reinsures the Company for a one hundred forty- five percent (10045%) quota share in respect of all liability, including, but not limited to, losses and loss adjustment expenses, under Policies issued or renewed on or after the effective date hereon on behalf of the Company by the Managing General Agent or its designated representative as classified by the Company in the attached Schedule of Business.

BUSINESS REINSURED. 3.1 The Reinsurer hereby reinsures the Company for a one hundred percent (100%) quota share reinsurance participation in respect of all liability, including, but not limited to, losses and loss adjustment expenses, under Policies issued or renewed on or after the effective date hereon on behalf of the Company by the Managing General Agent or its designated representative as classified by the Company in the attached Schedule of Business.