NET RETAINED LINES. A. This Agreement applies to only that portion of any insurance 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 Agreement attaches, only loss or losses in respect of that portion of any insurance which the Company retains net for its own account shall be included. B. The amount of the Reinsurer's liability hereunder in respect of any loss or losses shall not be increased by reason of the inability of the Company to collect from any other underwriters, whether specific or general, any amount which may become due from them, whether such inability arises from the insolvency of such other underwriters or otherwise.
Appears in 13 contracts
Samples: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)
NET RETAINED LINES. A. This Agreement applies to only that portion of any insurance 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 Agreement attaches, only loss or losses in respect of that portion of any insurance which the Company retains net for its own account shall be included.
B. The amount of the Reinsurer's ’s liability hereunder in respect of any loss or losses shall not be increased by reason of the inability of the Company to collect from any other underwriters, whether specific or general, any amount which may become due from them, whether such inability arises from the insolvency of such other underwriters or otherwise.
Appears in 3 contracts
Samples: Excess of Loss Reinsurance Agreement, Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Medical Malpractice Shortfall Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)
NET RETAINED LINES. A. This Agreement Contract applies to only that portion of any insurance 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 Agreement Contract attaches, only loss or losses in respect of that portion of any insurance which the Company retains net for its own account shall be included.
B. The amount of the Reinsurer's ’s liability hereunder in respect of any loss or losses shall not be increased by reason of the inability of the Company to collect from any other underwriters, whether specific or general, any amount which may become due from them, whether such inability arises from the insolvency of such other underwriters or otherwise.
Appears in 1 contract
Samples: Excess of Loss Reinsurance Contract (Scpie Holdings Inc)
NET RETAINED LINES. A. This Agreement applies to only that portion of any insurance 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 Agreement attaches, only loss or losses in respect of that portion of any insurance which the Company retains net for its own account shall be included.
B. The amount of the Reinsurer's liability hereunder in respect of any loss or losses shall not be increased by reason of the inability of the Company to collect from any other underwriters, whether specific or general, any amount which may become due from them, whether such inability arises from the insolvency of such other underwriters or otherwise.. ED 4/5/96 Page 4 of 15 (Q)/pc/jk 5 01-96-0020
Appears in 1 contract
Samples: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)
