Inuring Reinsurance definition

Inuring Reinsurance means any reinsurance agreement under which any portion of the Business Reinsured is ceded to a reinsurer other than the Reinsurer, including, as of the Effective Date, those reinsurance agreements listed on Schedule A-1, but excluding any reinsurance under which the Ceding Company cedes a quota share of any contracts included in the Structured Settlement Business, Terminal Funding Business or the Variable Annuity Business, which reinsurance includes, as of the Effective Date, those reinsurance agreements listed on Schedule A-2.

Inuring Reinsurance means all reinsurance agreements, treaties and contracts, including any renewals or extensions thereof, to the extent such reinsurance agreements, treaties and contracts provide reinsurance coverage for the Insurance Contracts.

Inuring Reinsurance means Outward Reinsurance as defined in the Services Agreement.

Examples of Inuring Reinsurance in a sentence

• This Agreement shall become effective as of the Effective Time and shall continue with respect to each Policy until no further Administrative Services in respect of such Policy, and each Inuring Reinsurance Agreement, Agent Contract and TPA Contract as they pertain to any such Policy, are required, unless this Agreement is earlier terminated under Section 16.2.

• SRA shall also be entitled to collect amounts held by or which may become due from reinsurers under the Inuring Reinsurance for losses or loss adjustment expenses with respect to the Assumption Reinsurance Portfolio paid by SRA.

• Highlands shall, if requested by SRA, provide reasonable assistance to SRA, at SRA's expense, in collection of all amounts due in respect of the Assumption Reinsurance Portfolio from Reinsurers under Inuring Reinsurance Agreements which do not have or agree to an endorsement and shall forward any funds collected to SRA.

• Highlands assigns and transfers to SRA all Inuring Reinsurance Agreements, and all rights and obligations under such agreements, to the extent such reinsurance inures to the benefit of the Assumption Reinsurance Portfolio, including any right to offset as described herein.

• Highlands shall request that an endorsement be made to each Inuring Reinsurance Agreement to substitute SRA for Highlands or to add SRA as a named insured to the contract where the reinsurance contract covers both the Assumption Reinsurance Portfolio and non- transferring policies and SRA agrees to enter into such endorsements and to provide reasonable assistance to Highlands, at Highlands' expense, in obtaining any such endorsement.

More Definitions of Inuring Reinsurance

Inuring Reinsurance means all reinsurance and retrocession agreements, treaties and contracts, including any renewals or extensions thereof, whereby Employers NY ceded or retroceded losses under the Covered Contracts to third parties (other than PRC), to the extent such reinsurance or retrocession agreements, treaties and contracts provide reinsurance coverage for losses thereunder.

Inuring Reinsurance means the outwards reinsurance with respect to the Subject Business as presented in the bid template and data contained in the Data Room and includes the Deemed Inuring Reinsurance as if still in place; provided that “Inuring Reinsurance” shall not include any reinsurance that is only between the Retrocedent and an Affiliate of the Retrocedent.

Inuring Reinsurance has the meaning set forth in the LPT and Quota Share Reinsurance Agreement.

Inuring Reinsurance means reinsurance and other risk transfer or risk mitigation mechanisms or arrangements entered into by the Ceding Company with respect to Losses under the Business Reinsured, including catastrophe bonds, industry loss warranties, and similar mechanisms and arrangements that inure to the mutual benefit of the Ceding Company and the Reinsurer in the same proportion as their respective interests in the Business Reinsured as a result of this Agreement.

Inuring Reinsurance means all reinsurance and retrocessional treaties and agreements pursuant to which the Beneficiary ceded any reinsurance to third parties on or prior to the Effective Date.

Inuring Reinsurance means all rights, offsets and recoveries under reinsurance agreements between Highlands and third party reinsurers relating to the Subject Portfolio.

Inuring Reinsurance means all reinsurance agreements, treaties and contracts listed in Schedule B, including any renewals or extensions thereof, to the extent such reinsurance agreements, treaties and contracts provide reinsurance coverage for the Existing Contracts or Fronted Contracts.