Common use of Ceding Commission Clause in Contracts

Ceding Commission. The Reinsurer agrees to allow the Company a commission allowance of 28.5% on the Original Gross Premium ceded under this Agreement. On all return premiums the Company shall return to the Reinsurer the commission allowance of 28.5%. The commission allowance which the Reinsurer makes to the Company on the business transacted under this Agreement includes provision for all taxes, assessments and any other expenses whatsoever, except loss adjustment expenses.

Appears in 7 contracts

Samples: Quota Share Treaty (Amerinst Insurance Group LTD), Quota Share Treaty (Amerinst Insurance Group LTD), Quota Share Treaty (Amerinst Insurance Group LTD)

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Ceding Commission. The Reinsurer agrees to allow the Company a commission allowance per calendar quarter of 28.5(a) $50,000 plus (b) 25% on the Original Gross Premium of Net Premiums Written ceded under this Agreement. On all Return commission shall be allowed on return premiums at the Company shall return to the Reinsurer the same rate. Such commission allowance of 28.5%. The commission allowance which shall be the Reinsurer makes to the Company on the business transacted under this Agreement includes sole provision for all commissions, brokerages, taxes, assessments board, exchange or bureau assessments, and any for all other expenses whatsoeverof whatever nature, except excepting loss adjustment expenses.

Appears in 2 contracts

Samples: Surety Quota Share Treaty (Cna Surety Corp), Surety Quota Share Treaty (Cna Surety Corp)

Ceding Commission. A. The Reinsurer agrees to shall allow the Company a 15% commission allowance of 28.5plus original acquisition cost not to exceed 25% in all on the Original Gross Premium all premiums ceded under this Agreement. On all return premiums the Company shall return to the Reinsurer the commission allowance of 28.5%hereunder. The commission allowance which Company shall allow the Reinsurer makes to return commission on return premiums at the same rate. B. It is expressly agreed that the ceding commission allowed the Company on the business transacted under this Agreement includes provision for all dividends, commissions, taxes, assessments assessments, and any all other expenses whatsoeverof whatever nature, except loss adjustment expensesexpense.

Appears in 2 contracts

Samples: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)

Ceding Commission. A. The Reinsurer agrees to shall allow the Company a 35.0% commission allowance of 28.5% on the Original Gross Premium all original gross premiums ceded under this Agreement. On all return premiums the Company shall return to the Reinsurer the commission allowance of 28.5%hereunder. The commission allowance which Company shall allow the Reinsurer makes to return commission on return premiums at the same rate. B. It is expressly agreed that the ceding commission allowed the Company on the business transacted under this Agreement includes provision for all commissions, taxes, assessments assessments, and any all other expenses whatsoeverof whatever nature, except loss adjustment expensesexpense.

Appears in 1 contract

Samples: Workers' Compensation Quota Share Reinsurance Contract (Superior National Insurance Group Inc)

Ceding Commission. The Reinsurer agrees to allow the Company a commission allowance per calendar quarter of 28.5(a) $50,000 plus (b) 25% on the Original Gross Premium of Net Premiums Written ceded under this Reinsurance Agreement. On all Return commission shall be allowed on return premiums at the Company shall return to the Reinsurer the same rate. Such commission allowance of 28.5%. The commission allowance which shall be the Reinsurer makes to the Company on the business transacted under this Agreement includes sole provision for all commissions, brokerages, taxes, assessments board, exchange or bureau assessments, and any for all other expenses whatsoeverof whatever nature, except excepting loss adjustment expensesexpenses and dividends, if applicable.

Appears in 1 contract

Samples: Reinsurance Agreement (Cna Surety Corp)

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Ceding Commission. A. The Reinsurer agrees to allow the Company shall make a commission allowance of 28.515% to the Company on the Original Gross Premium premiums ceded under this Agreement. On all return premiums the Company shall return to the Reinsurer the commission allowance of 28.515%. . B. The commission allowance which the Reinsurer makes to the Company on the business transacted under this Agreement includes provision for all taxes, assessments and any other expenses whatsoever, except loss adjustment expenses.

Appears in 1 contract

Samples: Reinsurance Agreement (Scpie Holdings Inc)

Ceding Commission. A. The Reinsurer agrees to allow the Company shall make a commission allowance of 28.515% plus original acquisition cost, not to exceed 25% in all, to the Company on the Original Gross Premium premiums ceded under this Agreement. On all return premiums the Company shall return to the Reinsurer the actual commission allowance of 28.5%. allowed. B. The commission allowance which the Reinsurer makes to the Company on the business transacted under this Agreement includes provision for all taxes, assessments and any other expenses whatsoever, except loss adjustment expenses.

Appears in 1 contract

Samples: Per Policy Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)

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