Common use of LIABILITY OF THE REINSURERS Clause in Contracts

LIABILITY OF THE REINSURERS. The Reinsurers shall pay to the Company, with respect to each loss occurrence, 95% of the amount of ultimate net loss in excess of the sum of:

Appears in 2 contracts

Samples: Reinsurance Agreement (Merchants Group Inc), Reinsurance Agreement (Penn America Group Inc)

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LIABILITY OF THE REINSURERS. The Reinsurers shall pay to the Company, with respect to each loss occurrenceevent, 95% of the amount of ultimate net loss in excess of the sum of:

Appears in 1 contract

Samples: Hci Agreement (Zenith National Insurance Corp)

LIABILITY OF THE REINSURERS. The Reinsurers shall pay to the Company, with respect to each loss occurrence, occurrence 95% of the amount of ultimate net loss in excess of the sum Company Retention equal to the greater of:

Appears in 1 contract

Samples: Reinsurance Agreement (Penn America Group Inc)

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LIABILITY OF THE REINSURERS. The Reinsurers shall pay to the Company, with respect to each loss occurrence, occurrence 95% of the amount of ultimate net loss in excess of the sum of:

Appears in 1 contract

Samples: Reinsurance Agreement (Penn America Group Inc)

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