Other Reinsurance. A. The Company shall maintain in force property per risk excess of loss treaty reinsurance, recoveries under which shall inure to the benefit of this Contract. B. 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.
Appears in 3 contracts
Samples: Reinsurance Contract (Homeowners of America Holding Corp), Reinsurance Contract (Homeowners of America Holding Corp), Reinsurance Contract (Homeowners of America Holding Corp)
Other Reinsurance. A. The Company shall maintain in force property per risk excess of loss treaty reinsurance, recoveries under which shall inure to the benefit of this Contract.
B. The Company shall be permitted to carry other underlying property catastrophe excess of loss 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.
Appears in 3 contracts
Samples: Excess Catastrophe Reinsurance Contract (Safety Insurance Group Inc), Excess Catastrophe Reinsurance Contract (Safety Insurance Group Inc), Excess Catastrophe Reinsurance Contract (Safety Insurance Group Inc)
Other Reinsurance. A. The Company shall maintain in force property excess per risk excess of loss treaty reinsurance, recoveries under which shall inure to the benefit of this Contract.
B. The Company shall be permitted to carry other underlying excess catastrophe 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.
Appears in 2 contracts
Samples: Reinsurance Pooling Agreement (Meridian Insurance Group Inc), Excess Catastrophe Reinsurance Contract (Meridian Insurance Group Inc)
Other Reinsurance. A. The Company shall maintain in force property per risk excess of loss treaty reinsurance, recoveries under which shall inure to the benefit of this Contract.
B. . B The Company shall be permitted to carry other underlying property catastrophe excess of loss 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.
Appears in 1 contract
Samples: Excess Catastrophe Reinsurance Contract (Safety Insurance Group Inc)
Other Reinsurance. A. The Company shall maintain in force property excess per risk excess of loss treaty reinsurance, recoveries under which shall inure to the benefit of this Contract.
B. The Company shall be permitted to carry other underlying aggregate excess catastrophe 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.
Appears in 1 contract
Samples: Reinsurance Contract (Meridian Insurance Group Inc)