Sponsored captive insurance company definition

Sponsored captive insurance company means a captive insurance company:

Sponsored captive insurance company means any captive

Sponsored captive insurance company means a captive insurance company in which the minimum capital and retained earnings required by applicable law is provided by 1 or more sponsors, that is authorized under this chapter, that insures the risks of separate participants through the participant contract, and that segregates each participant's liability through 1 or more protected cells.

Examples of Sponsored captive insurance company in a sentence

• Upon request, Loan Parties shall promptly furnish the Administrative Agent copies of all such insurance policies or certificates evidencing such insurance and such other documents and evidence of insurance as Administrative Agent shall request (including copies of any policy provided by the Captive Insurance Company or any Sponsored Captive Insurance Company and any re-insurance agreement between the Captive Insurance Company and any Sponsored Captive Insurance Company).

• Status of White Rock as a Sponsored Captive Insurance Company White Rock USA Ltd.

• Should any conflict arise, the White Rock Special Conditions, Status of White Rock as a Sponsored Captive Insurance Company, Cell Limitation, Pay as Paid and Governing Law clauses shall prevail.

More Definitions of Sponsored captive insurance company

Sponsored captive insurance company means [any] a captive insurance company [in]:

Sponsored captive insurance company means (a) CIRCA Sponsored Captive Insurance Company, a Vermont sponsored captive insurance company, (b) CIRCA Re, IC, a Vermont incorporated protected cell within CIRCA, or (c) any other sponsored captive insurance company that is approved by the Administrative Agent in its sole discretion from time to time.

Sponsored captive insurance company means a captive insurance company in which the minimum capital and retained earnings required by applicable law is provided by 1 or more sponsors, is authorized under this chapter, insures the risks of separate participants through the participant contract, and segregates each participant’s liability through 1 or more protected cells.

Sponsored captive insurance company means a captive insurance company, including a special

Sponsored captive insurance company means any domestic stock insurer or 834 manager-managed limited liability company formed by one or more sponsors having 835 been granted a certificate of authority pursuant to this chapter that:

Sponsored captive insurance company means a captive insurance company, including a special purpose financial captive insurance company as defined in this Act:

Sponsored captive insurance company means a captive insurance company in which the minimum capital and retained earnings required by applicable law are provided by one or more sponsors, that insures the risks of separate participants through the participant contract, and segregates each participant's liability through one or more protected cells (i.e., segregated accounts).