Common use of NET RETAINED LINES Clause in Contracts

NET RETAINED LINES. A. This Contract applies only to that portion of any bond or 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 bond or policy 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 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 3 contracts

Samples: Aggregate Stop Loss Reinsurance Contract (Amwest Insurance Group Inc), Aggregate Stop Loss Reinsurance Contract (Amwest Insurance Group Inc), Reinsurance Contract (Amwest Insurance Group Inc)

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NET RETAINED LINES. A. This Contract applies only to that portion of any bond or policy Policy 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 bond or policy business covered 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 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 3 contracts

Samples: Reinsurance 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 bond or policy Policy 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 bond or policy business covered 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 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.. 93948002-12 (1-1-12)

Appears in 1 contract

Samples: Interests and Liabilities Agreement (Amerisafe Inc)

NET RETAINED LINES. A. This Contract applies only to that portion of any bond or 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 bond or policy 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 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 1 contract

Samples: Aggregate Stop Loss Reinsurance Contract (Amwest Insurance Group Inc)

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NET RETAINED LINES. A. This Contract Agreement applies only to that portion of any bond or 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 Agreement attaches, only loss or losses in respect of that portion of any bond or policy 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 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) ), dispute with such other reinsurers, or otherwise.

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (Vesta Insurance Group Inc)

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