Common use of REINSURANCE PREMIUM Clause in Contracts

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.635% of its Net Earned Premium during the term of this Contract, subject to a minimum premium of $2,994,000.

Appears in 2 contracts

Samples: Interests and Liabilities Agreement, Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)

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REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6350.5468% of times its Net Earned Premium during for the term of this Contract, Contract subject to a minimum premium Minimum Premium of $2,994,000992,000.

Appears in 2 contracts

Samples: Interests and Liabilities Agreement, Interests and Liabilities Agreement (Amerisafe Inc)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6350.457% of its Net Earned Premium during gross earned premium for the term of this Contract, subject to a minimum premium of $2,994,000702,000.

Appears in 2 contracts

Samples: Underlying Excess Catastrophe (Philadelphia Consolidated Holding Corp), Underlying Excess Catastrophe (Philadelphia Consolidated Holding Corp)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6350.4642% of times its Net Earned Premium during for the term of this Contract, Contract subject to a minimum premium Minimum Premium of $2,994,0001,056,000.

Appears in 2 contracts

Samples: Interests and Liabilities Agreement, Reinsurance Contract (Amerisafe Inc)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6350.862% of its Net Earned Premium during for the term of this Contract, subject to a minimum annual premium of $2,994,0002,500,000 for each of the three Contract Years.

Appears in 2 contracts

Samples: Interests and Liabilities Agreement, Interests and Liabilities Agreement (Amerisafe Inc)

REINSURANCE PREMIUM. A. As premium for a condition precedent to the reinsurance provided Reinsurers' obligations hereunder, the Company shall pay to the Reinsurer 0.635Reinsurers 1.861% of its Net Earned Premium the Company's subject net earned premium during the term of this Contractthe Agreement, subject to a minimum reinsurance premium of $2,994,000528,000 and a deposit reinsurance premium of $660,000.

Appears in 1 contract

Samples: Reinsurance Agreement (Merchants Group Inc)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6351.26% of its Net Earned Premium during net earned premium for the term of this Contract, subject to a minimum premium of $2,994,000126,000.

Appears in 1 contract

Samples: Excess Catastrophe (Amwest Insurance Group Inc)

REINSURANCE PREMIUM. A. As premium for a condition precedent to the reinsurance provided Reinsurers' obligations hereunder, the Company shall pay to the Reinsurer 0.635Reinsurers 1.499% of its Net Earned Premium the Company's subject net earned premium during the term of this Contractthe Agreement, subject to a minimum reinsurance premium of $2,994,000425,800 and a deposit reinsurance premium of $532,000.

Appears in 1 contract

Samples: Reinsurance Agreement (Merchants Group Inc)

REINSURANCE PREMIUM. A. As premium for a condition precedent to the reinsurance provided Reinsurers' obligations hereunder, the Company shall pay to the Reinsurer 0.635Reinsurers 1.18% of its Net Earned Premium the Company's subject net earned premium during the term of this Contractthe Agreement, subject to a minimum reinsurance premium of $2,994,000777,500 and a deposit reinsurance premium of $971,900.

Appears in 1 contract

Samples: Hci Agreement (Zenith National Insurance Corp)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6350.53% of its Net Earned Premium during for the term of this Contract, subject to a minimum premium of $2,994,0001,373,760.

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Amerisafe Inc)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6352.0% of its Net Earned Premium during net earned premium for the term of this Contract, subject to a minimum premium of $2,994,000.

Appears in 1 contract

Samples: Amwest Insurance Group Inc

REINSURANCE PREMIUM. A. As premium for a condition precedent to the reinsurance provided Reinsurers' obligations hereunder, the Company shall pay to the Reinsurer 0.635Reinsurers 2.115% of its Net Earned Premium the Company's subject net earned premium during the term of this Contractthe Agreement, subject to a minimum reinsurance premium of $2,994,000599,000 and a deposit reinsurance premium of $748,000.

Appears in 1 contract

Samples: Reinsurance Agreement (Merchants Group Inc)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6352.0% of its Net Earned Premium during net earned premium for the term of this Contract, subject to a minimum premium of $2,994,000.

Appears in 1 contract

Samples: Amwest Insurance Group Inc

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REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6350.1908% of its Net Earned Premium during the term of this Contract, subject to a minimum premium of $2,994,0001,000,000.

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6350.5172% of times its Net Earned Premium during for the term of this Contract, Contract subject to a minimum premium Minimum Premium of $2,994,000$ 1,200,000.

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Amerisafe Inc)

REINSURANCE PREMIUM. A. As premium for a condition precedent to the reinsurance provided Reinsurers' obligations hereunder, the Company shall pay to the Reinsurer 0.635Reinsurers 1.96% of its Net Earned Premium the Company's subject net earned premium during the term of this Contractthe Agreement, subject to a minimum reinsurance premium of $2,994,0001,291,500 and a deposit reinsurance premium of $1,614,400.

Appears in 1 contract

Samples: Hci Agreement (Zenith National Insurance Corp)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6350.5597% of times its Net Earned Premium during for the term of this Contract, Contract subject to a minimum premium Minimum Premium of $2,994,0001,088,000.

Appears in 1 contract

Samples: Reinsurance Contract (Amerisafe Inc)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6353.5% of its Net Earned Premium during net earned premium as respects surety business and 1.0% of its net earned premium as respects property and casualty business for the term of this Contract, subject to a minimum premium of $2,994,000.

Appears in 1 contract

Samples: Amwest Insurance Group Inc

REINSURANCE PREMIUM. A. As premium for a condition precedent to the reinsurance provided Reinsurers' obligations hereunder, the Company shall pay to the Reinsurer 0.635Reinsurers 1.25% of its Net Earned Premium the Company's subject net earned premium during the term of this Contractthe Agreement, subject to a minimum reinsurance premium of $2,994,000823,600 and a deposit reinsurance premium of $1,029,600.

Appears in 1 contract

Samples: Hci Agreement (Zenith National Insurance Corp)

REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.6350.85% of its Net Earned Premium for each Contract Year during the term of this Contract, subject to a minimum annual premium of $2,994,0002,400,000.

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Amerisafe Inc)

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