Company Retention. This term shall mean the amount the Company and its underlying facultative reinsurers shall retain for its own account; however, this requirement shall be satisfied if this amount is retained by the Company or its affiliated companies under common management or common ownership.
Appears in 2 contracts
Sources: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp), Reinsurance Agreement (Philadelphia Consolidated Holding Corp)
Company Retention. This term shall mean the amount the Company and its underlying facultative reinsurers shall retain for its own account, subject to catastrophe reinsurance; however, this requirement shall be satisfied if this amount is retained by the Company or its affiliated companies under common management or common ownership.
Appears in 2 contracts
Sources: Reinsurance Agreement (Slide Insurance Holdings, Inc.), Reinsurance Agreement (Slide Insurance Holdings, Inc.)
Company Retention. This term shall mean the amount the Company and its underlying facultative treaty reinsurers shall retain for its their own account, subject to catastrophe reinsurance; however, this requirement shall be satisfied if this amount is retained by the Company or its affiliated companies under common management or common ownership.
Appears in 1 contract
Sources: Property Facultative Agreement of Reinsurance (Slide Insurance Holdings, Inc.)
Company Retention. This term shall mean the amount the Company and its underlying facultative reinsurers shall retain for its own account; subject to underlying reinsurance, however, this requirement shall be satisfied if this amount is retained by the Company or its affiliated companies under common management or common ownership.
Appears in 1 contract
Sources: Reinsurance Agreement (Slide Insurance Holdings, Inc.)
Company Retention. This term shall mean the amount the Company and its underlying facultative reinsurers shall retain for its own account; however, this requirement shall be satisfied if this amount is retained by the Company or its affiliated companies under common management or common ownership."
Appears in 1 contract
Sources: Agreement of Reinsurance (Philadelphia Consolidated Holding Corp)
Company Retention. This term shall mean the amount the Company and its underlying facultative reinsurers reinsurer shall retain for its their own account; however, this requirement shall be satisfied if this amount is retained by the Company or its affiliated companies under common management or common ownership.
Appears in 1 contract
Sources: Property Excess of Loss Agreement of Reinsurance (Philadelphia Consolidated Holding Corp)