REINSURANCE PREMIUM. As premium for the reinsurance provided by this Agreement, the Company shall cede to the Reinsurer an amount equal to the Reinsurer’s quota share cession of the Net Written Premium of the Company for the Business Covered by this Agreement. The Company’s ceded net unearned premium reserve for the Business Covered for the 2005 and 2006 treaty years as of March 31, 2006 was $1,065,038.
Appears in 2 contracts
Samples: Quota Share Reinsurance Agreement (CastlePoint Holdings, Ltd.), Quota Share Reinsurance Agreement (Tower Group, Inc.)
REINSURANCE PREMIUM. As premium for the reinsurance provided by this Agreement, the Company shall cede to the Reinsurer an amount equal to the Reinsurer’s quota share cession of the Net Written Premium of the Company for the Business Covered by this Agreement. The Company’s ceded net unearned premium reserve for the Business Covered for the 2005 and 2006 treaty years as of March 31, 2006 was $1,065,03839,618,867.
Appears in 2 contracts
Samples: Brokerage Business Quota Share Reinsurance Agreement (Tower Group, Inc.), Brokerage Business Quota Share Reinsurance Agreement (CastlePoint Holdings, Ltd.)
REINSURANCE PREMIUM. As premium for the reinsurance provided by this Agreement, the Company shall cede to the Reinsurer an amount equal to the Reinsurer’s quota share cession of the Net Written Premium of the Company for the Business Covered by this Agreement. The Company’s ceded net unearned premium reserve for the Business Covered for the 2005 and 2006 treaty years as of March 31, 2006 was $1,065,038250,369.
Appears in 2 contracts
Samples: Quota Share Reinsurance Agreement (CastlePoint Holdings, Ltd.), Quota Share Reinsurance Agreement (Tower Group, Inc.)
