NET RETAINED LINES. This Agreement 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 in computing the amount or amounts in excess of which this 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. The amount of Reinsurers’ 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 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.
Appears in 5 contracts
Samples: Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.), Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.), Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.)
NET RETAINED LINES. A. This Agreement applies only to that portion of any policy which the Company retains net for its own account 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 policy which the Company retains net for its own account shall be included. .
B. The amount of Reinsurers’ 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 Reinsurer(sreinsurer(s), whether specific or general, any amounts which may have become due from such Reinsurer(sreinsurer(s), whether such inability arises from the insolvency of such other Reinsurer(sreinsurer(s) or otherwise.
Appears in 4 contracts
Samples: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Allocated Loss Adjustment Expense Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)
NET RETAINED LINES. This Agreement applies only to that portion of any policy which the Company retains net for its own account 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 policy which the Company retains net for its own account shall be included. The amount of Reinsurers’ 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 Reinsurer(sreinsurer(s), whether specific or general, any amounts which may have become due from such Reinsurer(sreinsurer(s), whether such inability arises from the insolvency of such other Reinsurer(sreinsurer(s) or otherwise.
Appears in 2 contracts
Samples: Reinsurance Agreement (Merchants Group Inc), Reinsurance Agreement (Merchants Group Inc)
NET RETAINED LINES. This Agreement applies only to that portion of any policy which the Company Reinsured retains net for its own account account, and in calculating the amount of any loss hereunder and also in computing the amount or amounts in excess of which this Agreement attachesthe Retentions, only loss or losses in respect of that portion of any policy which the Company Reinsured retains net for its own account shall be included. The amount of Reinsurers’ the Reinsurer's liability hereunder in respect of any loss or losses shall not be increased by reason of the inability of the Company Reinsured to collect from any other Reinsurer(sreinsurer(s), whether specific or general, any amounts which may have become due from such Reinsurer(sreinsurer(s), whether such inability arises from the insolvency of such other Reinsurer(sreinsurer(s) or otherwise.
Appears in 2 contracts
Samples: Aggregate Excess of Loss Reinsurance Agreement (Trenwick Group Inc), Interests and Liabilities Contract (Trenwick Group Inc)
NET RETAINED LINES. This Agreement 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 in computing the amount or amounts in excess of which this 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. The amount of Reinsurers’ 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 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(sReinsurers) or otherwise.
Appears in 1 contract
Samples: Interests and Liabilities Contract (Eastern Insurance Holdings, Inc.)
NET RETAINED LINES. This Agreement applies only to that portion of any policy Policy which the Company retains net for its own account account, and in calculating the amount of any loss Loss hereunder and also in computing the amount or amounts in excess of which this Agreement attaches, only loss Loss or losses Losses in respect of that portion of any policy Policy which the Company retains net for its own account shall be included. The amount of Reinsurers’ the Reinsurer’s liability hereunder in respect of any loss Loss or losses Losses shall not be increased by reason of the inability of the Company to collect from any other Reinsurer(s), whether specific or general, Reinsurer any amounts which may have become due from such Reinsurer(s)them, whether such inability arises from the insolvency of such other Reinsurer(s) Reinsurer or otherwise.
Appears in 1 contract
NET RETAINED LINES. This Agreement applies only to that portion of any policy insurance or reinsurance which the Company retains net for its own account account, and in calculating the amount of any loss "Ultimate Net Loss" hereunder and also in computing the amount or amounts in excess of which this Agreement 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. The amount of Reinsurers’ 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 Reinsurer(s)reinsurer, whether specific or general, any amounts which may have become due from such Reinsurer(s)them, whether such inability arises from the insolvency of such other Reinsurer(s) reinsurer or otherwise.
Appears in 1 contract
Samples: Catastrophe Reinsurance Agreement (Allstate Life Insurance Co)
NET RETAINED LINES. This Agreement applies only to that portion of any policy reinsurances covered by this Agreement which the Company retains net for its own account 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 policy reinsurances which the Company retains net for its own account shall be included. The , it being understood and agreed that the amount of Reinsurers’ 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 Reinsurer(s)reinsurers, whether specific or general, any amounts 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.
Appears in 1 contract
Samples: Reinsurance Agreement (Hallmark Financial Services Inc)