Common use of NET RETAINED LINES Clause in Contracts

NET RETAINED LINES. A. This Contract applies only to that portion of any Policy which the Company retains net for its own account (prior to deduction of any underlying reinsurance specifically permitted in this Contract), 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 5 contracts

Samples: Interests and Liabilities Agreement, Reinsurance Contract (Amerisafe Inc), Interests and Liabilities Agreement (Amerisafe Inc)

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NET RETAINED LINES. A. This Contract applies only to that portion of any Policy which loss that the Company retains net for its own account (prior to deduction of any underlying reinsurance specifically permitted in this Contractthat inures solely to the benefit of the Company), 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 4 contracts

Samples: Life Surplus Share Reinsurance Contract (Prudential Variable Contract Account Gi-2), Interests and Liabilities Agreement (Prudential Variable Contract Account Gi-2), Life Surplus Share Reinsurance Contract (Prudential Variable Contract Account Gi-2)

NET RETAINED LINES. A. This Contract applies only to that portion of any Policy which the Company retains net for its own account (prior to deduction of any underlying reinsurance specifically permitted in this Contract)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 business covered which the Company retains net for its own account shall be included.

Appears in 4 contracts

Samples: Interests and Liabilities Agreement, Interests and Liabilities Agreement (Amerisafe Inc), Interests and Liabilities Agreement (Amerisafe Inc)

NET RETAINED LINES. A. This Contract applies only to that portion of any Policy policy which the Company retains net for its own account (prior to deduction of any underlying reinsurance specifically permitted in this Contract), 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 policy which the Company retains net for its own account shall be included. For purposes of this Contract, amounts ceded to Quota Share Reinsurers on business reinsured hereunder, if applicable, shall be considered retained net by the Company.

Appears in 3 contracts

Samples: Homeowners of America Holding Corp, Homeowners of America Holding Corp, Homeowners of America Holding Corp

NET RETAINED LINES. A. This Contract applies only to that such portion of any Policy which obligation that the Company retains net for its own account (prior to the deduction of any underlying reinsurance specifically permitted in this Contract), and in . In calculating the amount of any loss hereunder and also in computing the amount or amounts in excess of which this Contract attaches, 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 3 contracts

Samples: Interests and Liabilities Agreement (Liberty Mutual Agency Corp), Interests and Liabilities Agreement (Liberty Mutual Agency Corp), Interests and Liabilities Agreement (Liberty Mutual Agency Corp)

NET RETAINED LINES. A. This Contract applies only to that portion of any Policy which the Company retains net for its own account (prior to deduction of any underlying reinsurance specifically permitted in this Contract), 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.. Casualty Catastrophe XOL Contract

Appears in 2 contracts

Samples: Interests and Liabilities Agreement, Interests and Liabilities Agreement (Amerisafe Inc)

NET RETAINED LINES. A. This Contract applies only to that portion of any Policy which the Company retains net for its own account (prior to deduction of any underlying reinsurance specifically permitted in this Contract)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: Professional Liability Excess of Loss (Positive Physicians Holdings,inc.), Medical Professional Liability Excess of Loss (Positive Physicians Holdings,inc.)

NET RETAINED LINES. A. This Contract applies only to that portion of any Policy which the Company retains net for its own account (prior to deduction of any underlying reinsurance specifically permitted in this Contract), 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.. Casualty Catastrophe XOL Contract 17

Appears in 2 contracts

Samples: Interests and Liabilities Agreement, Reinsurance Contract (Amerisafe Inc)

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NET RETAINED LINES. A. This Contract applies only to that such portion of any Policy which obligation that the Company retains net for its own account (prior to the deduction of any underlying reinsurance specifically permitted in this Contract), and in . In calculating the amount of any loss hereunder and also in computing the amount or amounts in excess of which this Contract attaches, attaches only loss or losses in respect of Excess of Loss Contract Contract No. 2010250 that portion of any Policy insurance, or reinsurance which the Company retains net for its own account shall be included.

Appears in 2 contracts

Samples: Interests and Liabilities Agreement (Liberty Mutual Agency Corp), Interests and Liabilities Agreement (Liberty Mutual Agency Corp)

NET RETAINED LINES. A. This Contract applies to only to that portion of any Policy which the Company retains net for its own account (prior to deduction of any underlying reinsurance specifically permitted in this Contract), 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 1 contract

Samples: Termination Benefits Agreement (Meridian Insurance Group Inc)

NET RETAINED LINES. A. This Contract applies only to that portion of any Policy insurances or reinsurances covered by this Contract, which the Company retains net for its own account (prior to deduction of any underlying reinsurance specifically permitted in this Contract)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 insurances or reinsurances which the Company retains net for its own account shall be included.

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)

NET RETAINED LINES. A. This Contract applies only to that such portion of any Policy which that the Company Company, directly or indirectly, whether insurer or reinsurer, retains net for its own respective account (prior to the deduction of any underlying reinsurance specifically permitted in this Contract), and in . In calculating the amount of any loss hereunder and also in computing the amount or amounts in excess of which this Contract attaches, attaches only loss or losses in respect of that portion of any Policy insurance, or reinsurance which the Company Company, directly or indirectly, whether insurer or reinsurer, retains net for its own account shall be included.

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Liberty Mutual Agency Corp)

NET RETAINED LINES. A. This Contract Agreement applies only to that portion of any Policy which the Company retains net for its own account (prior to deduction of any underlying reinsurance specifically permitted in this Contractwhich inures solely to the benefit of the Company), and in calculating the amount of any loss hereunder and also in computing the amount or amounts in excess of which this Contract Agreement 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 1 contract

Samples: Reinsurance Agreement (United Insurance Holdings Corp.)

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