Common use of NET RETAINED LINE Clause in Contracts

NET RETAINED LINE. A. This Contract applies only to that portion of any Policy which the Company retains net for its own account, and in calculating the amount of any loss hereunder and also in computing the amount or amounts in excess of which this Contract attaches, only loss or losses in respect of that portion of any Policy which the Company retains net for its own account shall be included.

Appears in 2 contracts

Samples: Penn Millers Holding Corp, Penn Millers Holding Corp

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NET RETAINED LINE. A. This Contract applies only to that portion of any Policy insurance or reinsurance which the Company retains net for its own accountaccount and, and in calculating the amount of any loss hereunder and also in computing the amount or amounts in excess of which this Contract attaches, only loss or losses in respect of that portion of any Policy insurance or reinsurance which the Company retains net for its own account shall be included.

Appears in 1 contract

Samples: Reinsurance Contract (Penn Millers Holding Corp)

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NET RETAINED LINE. A. This Contract applies only to that portion of any Policy insurance or reinsurance which the Company retains net for its own accountaccount and, and in calculating the amount of any loss Loss hereunder and also in computing the amount or amounts in excess of which this Contract attaches, only loss Loss or losses in respect of that portion of any Policy insurance or reinsurance which the Company retains net for its own account shall be included.

Appears in 1 contract

Samples: Casualty Excess of Loss Reinsurance Contract Effective (Penn Millers Holding Corp)

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