NET RETAINED LINES. This Agreement applies only to that portion of any reinsurance which the Ceding 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 or reinsurance which the Ceding Company retains net for its own account shall be included. 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 Ceding Company to collect from any other reinsurer(s), whether specific or general, any amounts which may have become due from such reinsurer(s), whether such inability arises from the insolvency of such other reinsurer(s) or otherwise.
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Samples: Reinsurance Agreement, Reinsurance Agreement (WRL Series Annuity Account)
NET RETAINED LINES. This Agreement applies only to that portion of any insurance or reinsurance which the Ceding Company retains net for its own account, and in inclusive of underlying reinsurance. In calculating the amount of any loss hereunder and also in computing the amount or amounts in excess of which this Agreement attacheshereunder, only loss or losses in respect of that portion of any insurance or reinsurance which the Ceding Company retains net for its own account account, inclusive of underlying reinsurance, shall be included. The amount of the Reinsurer’s liability hereunder in respect of any loss or losses shall not be increased by reason of or the inability of the Ceding Company to collect from any other reinsurer(s)reinsurers, whether specific or general, any amounts amount of which may have become due from such reinsurer(s)them, whether such inability arises from the insolvency of such other reinsurer(s) reinsurers or otherwise.
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Samples: Quota Share Reinsurance Agreement (Suncoast Holdings, Inc)
NET RETAINED LINES. This Agreement applies only to that portion of any reinsurance risk which the Ceding 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 or reinsurance which the Ceding Company retains net for its own account shall be included. 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 Ceding Company to collect from any other reinsurer(s), whether specific or general, any amounts which may have become due from such reinsurer(s), whether such inability arises from the insolvency of such other reinsurer(s) or otherwise.
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NET RETAINED LINES. This Agreement applies only to that portion of any reinsurance insurance which the Ceding Company Reinsured 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 or reinsurance which the Ceding Company Reinsured retains net for its own account shall be included. 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 Ceding Company Reinsured to collect from any other reinsurer(s), whether specific or general, any amounts which may have become due from such reinsurer(s), whether such inability arises from the insolvency of such other reinsurer(s) or otherwise. Article 3 Liability 3.
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