Other Reinsurance. A. The Company shall be permitted to carry other reinsurance, recoveries under which shall inure solely to the benefit of the Company and be entirely disregarded in applying all of the provisions of this Contract. B. The Company will deem in place a FHCF Supplement Layer Reinsurance Contract, which shall be deemed to be placed at 15.0% for each contract year, recoveries of which shall be deemed to inure to the benefit of this Contract.
Appears in 3 contracts
Samples: Reinsurance Contract (Federated National Holding Co), Reinsurance Contract (Federated National Holding Co), Reinsurance Contract (Federated National Holding Co)
Other Reinsurance. A. The Company shall be permitted to carry other reinsurance, recoveries under which shall inure solely to the benefit of the Company and be entirely disregarded in applying all of the provisions of this Contract.
B. The Company will deem in place a Any loss reimbursement received under the Company's FHCF Supplement Layer Reinsurance ContractContract (16\F7V1085), which shall be deemed to be placed at 15.0% for each contract year%, recoveries of which shall be deemed to inure to the benefit of this Contract.
Appears in 2 contracts
Samples: Excess Catastrophe Reinsurance Contract (Federated National Holding Co), Excess Catastrophe Reinsurance Contract (Federated National Holding Co)
Other Reinsurance. A. The Company shall be permitted to carry other reinsurance, recoveries under which shall inure solely to the benefit of the Company and be entirely disregarded in applying all of the provisions of this Contract. .
B. The Company will deem in place a Any loss reimbursement received under FedNat Insurance Company's FHCF Supplement Layer Reinsurance ContractContract (20\F7V1085), which shall be deemed to be placed at 15.0% for each contract year2.35%, recoveries of which shall be deemed to inure to the benefit of this Contract. .
Appears in 1 contract
Samples: Excess Catastrophe Reinsurance Contract (FedNat Holding Co)
Other Reinsurance. A. The Company shall be permitted to carry other reinsurance, recoveries under which shall inure solely to the benefit of the Company and be entirely disregarded in applying all of the provisions of this Contract. .
B. The Company will deem in place a Any loss reimbursement received under the Company's FHCF Supplement Layer Reinsurance ContractContract (15\F7V1085), which shall be deemed to be placed at 15.0% for each contract year%, recoveries of which shall be deemed to inure to the benefit of this Contract. .
Appears in 1 contract
Samples: Excess Catastrophe Reinsurance Contract (Federated National Holding Co)
Other Reinsurance. A. The Company shall be permitted to carry other reinsurance, recoveries under which shall inure solely to the benefit of the Company and be entirely disregarded in applying all of the provisions of this Contract.
B. The Company will deem in place a Any loss reimbursement received under the Company's FHCF Supplement Layer Reinsurance ContractContract (17\F7V1085), which shall be deemed to be placed at 15.0% for each contract year15.771%, recoveries of which shall be deemed to inure to the benefit of this Contract. .
Appears in 1 contract
Samples: Excess Catastrophe Reinsurance Contract (Federated National Holding Co)
