NOTICE OF LOSS AND LOSS SETTLEMENTS. A. In the event of a claim arising hereunder which either results in or appears to be of serious enough nature as probably to result in a loss involving this Agreement, the Company shall give notice as soon as reasonably practicable to Reinsurers and the Company shall keep the Reinsurer advised of all subsequent developments in connection therewith.
Appears in 5 contracts
Samples: Loss Reinsurance Agreement (Scpie Holdings Inc), Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)
NOTICE OF LOSS AND LOSS SETTLEMENTS. A. In the event of a claim arising hereunder which either results in or appears to be of serious enough nature as probably to result in a loss involving this AgreementContract, the Company shall give notice as soon as reasonably practicable to Reinsurers the Reinsurer and the Company shall keep the Reinsurer advised of all subsequent developments in connection therewith.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Scpie Holdings Inc)
NOTICE OF LOSS AND LOSS SETTLEMENTS. A. In the event of a claim arising hereunder loss which either results in or appears to be of serious enough nature as probably to result in a loss involving the involvement of this Agreement, the Company shall will give notice as soon as reasonably practicable to Reinsurers the Reinsurer and the Company shall will keep the Reinsurer advised of all subsequent developments in connection therewith.
Appears in 1 contract
Samples: Reinsurance Agreement (Allied World Assurance Holdings LTD)