Reinsurance Arrangements definition

Reinsurance Arrangements shall have the meaning set forth in Section 3.25(d) of this Agreement.
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Reinsurance Arrangements has the meaning set forth in Section 3.19(e).
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Reinsurance Arrangements has the meaning set forth in Section 6.19(e).
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Examples of Reinsurance Arrangements in a sentence

  • The Parties hereby agree that the collectability of reinsurance with respect to the Policies under the Reinsurance Arrangements shall be at the risk of and for the account of the Reinsurer, and shall be reduced only by the actual amount of recoveries received by the Ceding Company under the Reinsurance Arrangements.

  • The Insurance Companies are entitled under Applicable Law to take full credit on their respective Statutory Financial Statements for all amounts recoverable pursuant to the Reinsurance Arrangements listed in Schedule 3.30, all such amounts recoverable have been properly recorded in the books and records of account of the Insurance Companies and are properly reflected in the Statutory Financial Statements, and all such amounts are fully collectible in due course.

  • Share capital- 2,315,001 held by DRD (10M) Registered office - Xxxxx 0, Xxxxxx Xxxxx, Xxx Xxxxxx Xxxxxx & Champion Pde, Port Moresby, NCD 121 PNG Directors* J Key employees - M Wellesley-Wood*; S O'Brien*, R Xxxxxxx*, F Kowas* Material contracts - Facultative Reinsurance Arrangements with Swiss Re. Encumbrances - None.


More Definitions of Reinsurance Arrangements

Reinsurance Arrangements means reinsurance and other risk transfer or risk mitigation mechanisms or arrangements set forth in Schedule A relating to the Policies that are (i) in force or are treated as being in force as of the Closing Date or (ii) terminated but under which there remains any outstanding Liability from the reinsurer with respect to which reserves are carried or required to be carried as of the Closing Date.
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Reinsurance Arrangements means any reinsurance policies or other arrangements having similar effect to reinsurance policies, including for such purposes any Internal Arrangements;
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Related to Reinsurance Arrangements

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • Reinsurance Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers, as reinsurers, assume liabilities under insurance policies or agreements issued by another insurance or reinsurance company or companies.

  • Benefit Arrangements has the meaning set forth in Section 4.20(b).

  • Credit unemployment insurance means insurance:

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Unemployment Insurance means the contribution required of Vendor, as an employer, in respect of, and measured by, the wages of its employees (or subcontractors) as required by any applicable federal, state or local unemployment insurance law or regulation.

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Commercial Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Commercial Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 47 of Schedule 4;

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • Insurance transaction means any transaction involving insurance primarily for personal, family, or household needs rather than business or professional needs that entails:

  • Travel Arrangements means: (a) transportation: (b) accommodations: and (c) other specified services arranged by the Travel Supplier for the covered trip.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Reimbursement insurance policy means a policy of insurance

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

  • Insurance Schedule means Schedule 3 attached hereto.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Benefit Arrangement means at any time an employee benefit plan within the meaning of Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group.

  • Shared Policies has the meaning set forth in Section 8.1(b).

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.