Assuming insurer. Assuming insurer" means the insurer that acquires an insurance obligation or risk from the transferring insurer pursuant to an assumption reinsurance agreement. [PL 1993, c. 603 (NEW).]
Assuming insurer. Subject to the terms and conditions of this Amendment, American Capitol assumes as of 12:01 a.m. on June 1, 1999, the Pre-Standard Medicare Supplement Policies to the same extent and with the same effect as if American Capitol had issued the Pre-Standard Medicare Supplement Policies directly.
Assuming insurer. Subject to the terms and conditions of this Texas Imperial Assumption Agreement and the Liquidation Plan, Texas Imperial assumes effective as of 12:01 a.m. on June 1, 1999, the Medicare Supplement Issue Age policies, to the same extent and with the same effect as if Texas Imperial had issued the Medicare Supplement Issue Age policies directly. 3.
Assuming insurer. Subject to the terms and conditions of this American Capitol Assumption Agreement and the Liquidation Plan, American Capitol assumes effective as of 12:01 a.m. on June 1, 1999 the American Capitol Assumed Policies, to the same extent and with the same effect as if American Capitol had issued the American Capitol Assumed Policies directly. 3.
Assuming insurer. The insurer that acquires an insurance obligation or risk from the transferring insurer under an assumption reinsurance agreement.
