Retention and Limit. The REINSURER shall pay to the COMPANY the amount of ultimate net loss sustained by the COMPANY in excess of the COMPANY’s retention of $200,000 each occurrence, but the REINSURER’s limit of liability shall not exceed $300,000 each occurrence.
Appears in 2 contracts
Samples: Loss Reinsurance Agreement (Lmi Holdings Inc), Loss Reinsurance Agreement (Lmi Holdings Inc)
Retention and Limit. The REINSURER shall pay to the COMPANY the amount of ultimate net loss sustained by the COMPANY in excess of the COMPANY’s retention of $200,000 500,000 each occurrence, but the REINSURER’s limit of liability shall not exceed $300,000 500,000 each occurrence.
Appears in 2 contracts
Samples: Loss Reinsurance Agreement (Lmi Holdings Inc), Loss Reinsurance Agreement (Lmi Holdings Inc)
Retention and Limit. The REINSURER shall pay to the COMPANY the amount of ultimate net loss sustained by the COMPANY in excess of the COMPANY’s retention of $200,000 1,000,000 each occurrence, but the REINSURER’s limit of liability shall not exceed $300,000 1,000,000 each occurrence.
Appears in 2 contracts
Samples: Loss Reinsurance Agreement (Lmi Holdings Inc), Loss Reinsurance Agreement (Lmi Holdings Inc)
Retention and Limit. The REINSURER shall pay to the COMPANY the amount of ultimate net loss sustained by the COMPANY in excess of the COMPANY’s retention of $200,000 2,000,000 each occurrence, but the REINSURER’s limit of liability shall not exceed $300,000 1,000,000 each occurrence.
Appears in 2 contracts
Samples: Loss Reinsurance Agreement (Lmi Holdings Inc), Loss Reinsurance Agreement (Lmi Holdings Inc)
Retention and Limit. The REINSURER shall pay to the COMPANY the amount of ultimate net loss sustained by the COMPANY in excess of the COMPANY’s retention of $200,000 50,000 each occurrence, but the REINSURER’s limit of liability shall not exceed $300,000 150,000 each occurrence.
Appears in 2 contracts
Samples: Loss Reinsurance Agreement (Lmi Holdings Inc), Loss Reinsurance Agreement (Lmi Holdings Inc)
