Common use of Insurer solvency Clause in Contracts

Insurer solvency. Whilst we will endeavour to place business with insurers who demonstrate an adequate level of financial solvency, and although their regulator requires them to maintain a minimum level of capital, we cannot guarantee the solvency of any insurer. We do not monitor insurer solvency on an ongoing basis, and shall not be liable for losses suffered by you in the event of the insolvency of an insurer.

Appears in 4 contracts

Samples: Terms of Business, Terms of Business, Terms of Business

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