Insurance Assets Sample Clauses

Insurance Assets. The insurance industry's entire assets were valued at N2.13 trillion at the end of 2021, with income from gross premium standing at about N630.36 billion in 2020 and a net claim of N238.05
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Insurance Assets. (a) Maintain, and cause each other Borrower Affiliate to maintain, such Insurance Policies as may be required by law or as are customarily maintained by prudent companies similarly situated.
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Insurance Assets. All insurance benefits, including rights and proceeds, arising from or relating to the Transferred Assets or the Assumed Liabilities prior to the Closing, it being understood that Seller's rights under SOH's directors' and officers' liability insurance shall not be considered a Transferred Asset;
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Related to Insurance Assets

  • Group Insurance 38.01 The Group Insurance Plan presently in effect shall remain in effect during the term of this Agreement.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

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