Common use of BUSINESS COVERED Clause in Contracts

BUSINESS COVERED. This Agreement is to indemnify the Retrocedant in respect of the net excess liability as a result of any loss or losses which may occur during the term of this Agreement under any Original Reinsurance Contracts written by the Retrocedant covering all perils as assumed under the original contracts including wind, flood, earthquake, and earthquake fire expense insurance.

Appears in 6 contracts

Samples: Excess of Loss Retrocession Agreement, Excess of Loss Retrocession Agreement (Platinum Underwriters Holdings LTD), Excess of Loss Retrocession Agreement (Platinum Underwriters Holdings LTD)

AutoNDA by SimpleDocs

BUSINESS COVERED. This Agreement is to indemnify the Retrocedant in respect of the net excess liability as a result of any catastrophe loss or losses which may occur during the term of this Agreement under any Original Reinsurance Contracts original reinsurance contracts written by the Retrocedant covering all perils as assumed under the original contracts including wind, flood, earthquake, and earthquake fire expense insurance(“Original Reinsurance Contracts”).

Appears in 2 contracts

Samples: Excess of Loss Retrocession Agreement (Platinum Underwriters Holdings LTD), Excess of Loss Retrocession Agreement (Platinum Underwriters Holdings LTD)

BUSINESS COVERED. This Agreement is to indemnify the Retrocedant in respect of the net excess liability as a result of any European Windstorm and/or wind-driven flood loss or losses which may occur during the term of this Agreement under any Original Reinsurance Contracts original reinsurance contracts written by the Retrocedant covering all perils as assumed under the original contracts including wind, flood, earthquake, and earthquake fire expense insuranceRetrocedant.

Appears in 1 contract

Samples: Excess of Loss Retrocession Agreement (Platinum Underwriters Holdings LTD)

AutoNDA by SimpleDocs

BUSINESS COVERED. This Agreement is to indemnify the Retrocedant in respect of the net excess liability as a result of any loss or losses which may occur during the term of this Agreement under any Original Reinsurance Contracts original reinsurance contracts written by the Retrocedant covering all perils as assumed under the original contracts including wind, flood, earthquake, and earthquake fire expense insurance.

Appears in 1 contract

Samples: Excess of Loss Retrocession Agreement (Platinum Underwriters Holdings LTD)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!