Assigned Risk Fund. After the retentions under paragraph (3), the amount of the underwriting loss retained by the Company for the Assigned Risk Fund will be calculated within each State as the sum of the following:
Assigned Risk Fund. The Company may designate eligible crop insurance contracts that have an aggregate net book premium not greater than the maximum cession limits specified in this paragraph to the Assigned Risk Fund for each State. The net book premium associated with eligible crop insurance contracts for pilot programs, as solely determined by FCIC, will not count against the maximum cession limits.
Assigned Risk Fund a. The Company may designate eligible crop insurance contracts, including those previously designated to a Developmental Fund, that have an aggregate net book premium not greater than the maximum cession limits specified in section II.B.1.d. to the Assigned Risk Fund for each State. The Company must retain 20 percent of the net book premium and associated liability for ultimate net losses on these designated eligible crop insurance contracts, except as provided in sections II.B.1.c. and II.B.4. The liability for ultimate net losses not retained by the Company within each State will be ceded to FCIC in exchange for an equal percentage of the associated net book premium included in the Assigned Risk Fund in that State.
Assigned Risk Fund. (2) Developmental Fund; or (3)
Assigned Risk Fund a. The Company may designate eligible crop insurance contracts, including those previously designated to a Developmental Fund, that have an aggregate net book premium not greater than the maximum cession limits specified in section II.B.1.d.
Assigned Risk Fund a. Within each individual state, the Company may designate eligible crop insurance contracts which have an aggregate net book premium not greater than the maximum cession to the Assigned Risk Fund for that state as published by FCIC in Appendix 2, Exhibit 15 to the Plan of Operation. FCIC will assume eighty percent (80%) of the liability for ultimate net losses on these designated eligible crop insurance contracts in exchange for eighty percent (80%) of the associated net book premium except as provided in paragraphs II.B.1.c. and II.B.4. The Company must retain twenty percent (20%) of the net book premium and associated liability for ultimate net losses on these designated eligible crop insurance contracts except as provided in paragraphs II.B.1.c. and II.B.4.
