ASSESSMENTS, ASSIGNMENTS, FINES AND PENALTIES. The Reinsurer hereby assumes liability for the Ceded Percentage of any and all assessments and assignments imposed as a result of the Policies and shall reimburse the Company for its share of any fines, assessments and/or penalties imposed upon the Company as a result of the Policies.
Appears in 9 contracts
Samples: Quota Share Reinsurance Agreement (Watford Holdings Ltd.), Quota Share Reinsurance Agreement (Watford Holdings Ltd.), Quota Share Reinsurance Agreement (Watford Holdings Ltd.)