Common use of Retention and Limit Clause in Contracts

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 in the aggregate during the term of this Contract.

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 200,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 100,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 200,000,000 in the aggregate during the term of this Contract.

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 100,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 50,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 100,000,000 in the aggregate during the term of this Contract.

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 400,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 50,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 100,000,000 in the aggregate during the term of this Contract.

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 150,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 50,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 100,000,000 in the aggregate during the term of this Contract.

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 300,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 100,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 200,000,000 in the aggregate during the term of this Contract.

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 650,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 100,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 200,000,000 in the aggregate during the term of this Contract.

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 550,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 100,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 200,000,000 in the aggregate during the term of this Contract.

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 50,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 in the aggregate during the term of this Contract.

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 450,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 100,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 200,000,000 in the aggregate during the term of this Contract.

Retention and Limit. All catastrophe losses will qualify as losses towards the retention. No claim shall be made in any one loss occurrence unless at least two risks insured or reinsured by the Company are involved in such loss occurrence. For purposes hereof, the Company shall be the sole judge of what constitutes one risk. The Subscribing Reinsurer shall be liable in each and every Loss Occurrence, for the Ultimate Net Loss above an initial net loss to the Company of $75,000,000 750,000,000 provided, however, that the Subscribing Reinsurer shall not be liable for more than $25,000,000 100,000,000 of each and every such Loss Occurrence, nor more that $50,000,000 200,000,000 in the aggregate during the term of this Contract.