Common use of Insurance Reserving Practices Clause in Contracts

Insurance Reserving Practices. The Company and its Significant Subsidiaries have made no material change in their insurance reserving practices since the respective dates as of which information is given in the most recent Financial Statements and Statutory Financial Statements.

Appears in 3 contracts

Samples: Placement Agreement (American Safety Insurance Holdings LTD), Placement Agreement (Tower Group, Inc.), Placement Agreement (Tower Group, Inc.)

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Insurance Reserving Practices. The Company and its Significant Insurance Subsidiaries have made no material change in their insurance reserving practices since the respective dates as of which information is given in the most recent Financial Statements and Statutory Financial Statements1934 Act Reports.

Appears in 2 contracts

Samples: Placement Agreement (Chandler Usa Inc), Placement Agreement (Chandler Usa Inc)

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