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Subject to the conditions in paragraph 4, a Party shall not, and shall ensure that its supervisory authorities or any other competent authorities do not, as a condition to allow an assuming reinsurer which has its head office or is domiciled in the territory of the other Party (hereunder for the purpose of Article 3, a \u201cHome Party Assuming Reinsurer\u201d) to enter into a reinsurance agreement with a ceding insurer which has its head office or is domiciled in its territory (hereunder for the purpose of Article 3, a \u201cHost Party Ceding Insurer\u201d):\n(a) maintain or adopt any requirement to post collateral in connection with cessions from a Host Party Ceding Insurer to a Home Party Assuming Reinsurer and any related reporting requirement attributable to such removed collateral, or\n(b) maintain or adopt any new requirement with substantially the same regulatory impact on the Home Party Assuming Reinsurer as collateral requirements removed under this Agreement or any reporting requirement attributable to such removed collateral, which, in the case of either (a) or (b), results in less favourable treatment of Home Party Assuming Reinsurers than assuming reinsurers which have their head office or are domiciled in the territory of the same supervisory authority as a Host Party Ceding Insurer. This paragraph does not prohibit a Party in whose territory a ceding insurer has its head office or is domiciled (hereunder for the purpose of Article 3, a \"Host Party\") or its supervisory authorities from applying requirements as a condition to allow the Home Party Assuming Reinsurers to enter into a reinsurance agreement with a Host Party Ceding Insurer if the same requirements apply to reinsurance agreements between a ceding insurer and an assuming reinsurer which have their head office or are domiciled in the territory of the same supervisory authority.\n2. Subject to the conditions in paragraph 4, a Host Party shall not, and shall ensure that its supervisory authorities or any other competent authorities do not, as a condition to allow a Host Party Ceding Insurer to take credit for reinsurance or for risk mitigation effects of reinsurance agreements concluded with a Home Party Assuming Reinsurer:\n(a) maintain or adopt any requirement to post collateral in connection with cessions from a Host Party Ceding Insurer to a Home Party Assuming Reinsurer and any related reporting requirement attributable to such removed collateral, or\n(b) maintain or adopt any new requirement with substantially the same regulatory impact on the Home Party Assuming Reinsurer as collateral requirements removed under this Agreement or any reporting requirement attributable to such removed collateral, which, in the case of either (a) or (b), results in less favourable treatment of Home Party Assuming Reinsurers than assuming reinsurers which have their head office or are domiciled in the territory of the same supervisory authority as a Host Party Ceding Insurer. This paragraph does not prohibit a Host Party or its supervisory authorities from applying requirements as a condition to allow a Host Party Ceding Insurer to take credit for reinsurance or risk mitigation effects of reinsurance agreements concluded with a Home Party Assuming Reinsurer if the same requirements apply to reinsurance agreements between a ceding insurer and an assuming reinsurer which have their head office or are domiciled in the territory of the same supervisory authority.\n3. Subject to the conditions in paragraph 4, a Host Party shall not, and shall ensure that its supervisory authorities or any other competent authorities, as applicable, do not, as a condition of entering into a reinsurance agreement with a Host Party Ceding Insurer or as a condition to allow the Host Party Ceding Insurer to recognise credit for such reinsurance or credit for risk mitigation effect of such reinsurance agreement:\n(a) maintain or adopt any requirement for a Home Party Assuming Reinsurer to have a local presence, or\n(b) maintain or adopt any new requirement with substantially the same regulatory impact on the Home Party Assuming Reinsurer as local presence, which, in the case of either (a) or (b), results in less favourable treatment of a Home Party Assuming Reinsurer than assuming reinsurers which have their head office or are domiciled in the territory of the supervisory authority of the Host Party Ceding Insurer or which have their head office or are domiciled in the territory of the Host Party and are licensed or permitted to operate in the territory of the supervisory authority of the Host Party Ceding Insurer. For a U.S. State, \u201cpermitted to operate\u201d shall mean, for purposes of this provision, admitted in that State.\n4. Paragraphs 1 to 3 apply subject to the following conditions:\n(a) the assuming reinsurer has and maintains on an ongoing basis,\n(i) at least 226 million Euro, where the ceding insurer has its head office in the EU, or 250 million U.S. dollars, where the ceding insurer is domiciled in the United States, of own funds or capital and surplus, calculated according to the methodology of its home jurisdiction; or\n(ii) if the assuming reinsurer is an association including incorporated and individual unincorporated underwriters:\n(A) minimum capital and surplus equivalents (net of liabilities) or own funds, calculated according to the methodology applicable in its home jurisdiction, of at least 226 million Euro, where the ceding insurer has its head office in the EU, or 250 million U.S. dollars, where the ceding insurer is domiciled in the United States; and\n(B) a central fund containing a balance of at least 226 million Euro, where the ceding insurer has its head office in the EU, or 250 million U.S. dollars, where the ceding insurer is domiciled in the United States;\n(b) the assuming reinsurer has and maintains on an ongoing basis:\n(i) a solvency ratio of 100 percent SCR under Solvency II or an RBC of 300 percent Authorized Control Level, as applicable in the territory in which the assuming reinsurer has its head office or is domiciled; or\n(ii) if the assuming reinsurer is an association including incorporated and individual unincorporated underwriters, a solvency ratio of 100 percent SCR under Solvency II or an RBC of 300 percent Authorized Control Level, as applicable in the territory in which the assuming reinsurer has its head office or is domiciled;\n(c) the assuming reinsurer agrees to provide prompt written notice and explanation to the supervisory authority in the territory of the ceding insurer if:\n(i) it falls below the minimum capital and surplus or own funds, as applicable, specified in subparagraph (a), or the solvency or capital ratio, as applicable, specified in subparagraph (b); or\n(ii) any regulatory action is taken against it for serious noncompliance with applicable law;\n(d) the assuming reinsurer provides written confirmation to the Host supervisory authority of consent to the jurisdiction of the courts of the territory in which the ceding insurer has its head office or is domiciled, in accordance with applicable requirements of that territory for providing such consent. Nothing in this Agreement shall limit or in any way alter the capacity of parties to a reinsurance agreement to agree to alternative dispute resolution mechanisms;\n(e) where applicable for \u201cservice of process\u201d purposes, the assuming reinsurer provides written confirmation to the Host supervisory authority of consent to the appointment of that supervisory authority as agent for service of process. The Host supervisory authority may require that such consent be provided to it and included in each reinsurance agreement under its jurisdiction;\n(f) the assuming reinsurer consents in writing to pay all final judgments, wherever enforcement is sought, obtained by a ceding insurer, that have been declared enforceable in the territory where the judgment was obtained;\n(g) the assuming reinsurer agrees in each reinsurance agreement subject to this Agreement that it will provide collateral for 100 percent of the assuming reinsurer\u2019s liabilities attributable to reinsurance ceded pursuant to that agreement if the assuming reinsurer resists enforcement of a final judgment that is enforceable under the law of the territory in which it was obtained or a properly enforceable arbitration award, whether obtained by the ceding insurer or by its resolution estate, if applicable;\n(h) The assuming reinsurer or its legal predecessor or successor, where applicable, provides the following documentation to the Host supervisory authority, if requested by that supervisory authority:\n(i) with respect to the two years preceding entry into the reinsurance agreement and on an annual basis thereafter, its annual audited financial statements, in accordance with the applicable law of the territory of its head office, including the external audit report;\n(ii) with respect to the two years preceding entry into the reinsurance agreement, solvency and financial condition report or actuarial opinion, if filed with the assuming reinsurer\u2019s supervisor;\n(iii) prior to entry into the reinsurance agreement and not more than semi- annually thereafter, an updated list of all disputed and overdue reinsurance claims outstanding for 90 days or more, regarding reinsurance assumed from ceding insurers of the jurisdiction of the ceding insurer; and\n(iv) prior to entry into the reinsurance agreement and not more than semi- annually thereafter, information regarding the assuming reinsurer\u2019s assumed reinsurance by ceding company, ceded reinsurance by the assuming reinsurer, and reinsurance recoverable on paid and unpaid losses by the assuming reinsurer, to allow for the evaluation of the criteria set forth in subparagraph (i) of paragraph 4;\n(i) the assuming reinsurer maintains a practice of prompt payment of claims under reinsurance agreements. The lack of prompt payment will be evidenced if any of the following criteria is met:\n(i) more than 15 percent of the reinsurance recoverables are overdue and in dispute as reported to the supervisor;\n(ii) more than 15 percent of the reinsurer\u2019s ceding insurers or reinsurers have overdue reinsurance recoverables on paid losses of 90 days or more which are not in dispute and which exceed for each ceding insurer 90,400 Euro, where the assuming reinsurer has its head office in the EU, or 100,000 U.S. dollars, where the assuming reinsurer is domiciled in the United States; or\n(iii) the aggregate amount of reinsurance recoverables on paid losses which are not in dispute, but are overdue by 90 days or more, exceeds 45,200,000 Euro, where the assuming reinsurer has its head office in the EU, or 50,000,000 U.S. dollars, where the assuming reinsurer is domiciled in the United States;\n(j) the assuming reinsurer confirms that it is not presently participating in any solvent scheme of arrangement, which involves Host Party Ceding Insurers, and agrees to notify the ceding insurer and its supervisory authority and to provide 100 percent collateral to the ceding insurer consistent with the terms of the scheme should the assuming reinsurer enter into such an arrangement;\n(k) if subject to a legal process of resolution, receivership, or winding-up proceedings as applicable, the ceding insurer, or its representative, may seek and, if determined appropriate by the court in which the resolution, receivership, or winding-up proceedings is pending, may obtain an order requiring that the assuming reinsurer post collateral for all outstanding ceded liabilities; and\n(l) the assuming reinsurer\u2019s Home supervisory authority confirms to the Host Party supervisory authority on an annual basis that the assuming reinsurer complies with subparagraph (b).\n5. Nothing in this Agreement precludes an assuming reinsurer from providing to supervisory authorities information on a voluntary basis.\n6. Each Party shall ensure that, in its capacity as a Host Party, with respect to its supervisory authorities, where the Host supervisory authority determines that a Home Party Assuming Reinsurer no longer satisfies one of the conditions listed in paragraph 4, the Host supervisory authority only imposes any of the requirements addressed in paragraphs 1 to 3 if that Host supervisory authority follows the procedure set out in subparagraphs (a) to (c).\n(a) prior to imposing any such requirements the Host supervisory authority communicates with the assuming reinsurer and, except for exceptional circumstances in which a shorter period is necessary for policyholder and other consumer protection, provides the assuming reinsurer with 30 days from the initial communication to submit a plan to remedy the defect and 90 days from the initial communication to remedy the defect, and informs the Home supervisory authority;\n(b) only where, after the expiry of this period of 90 days or less under exceptional circumstances as set out in (a), the Host supervisory authority considers that no or insufficient action was taken by the assuming reinsurer, the Host supervisory authority may impose any of the requirements as set out in paragraphs 1 to 3; and\n(c) the imposition of any of the requirements set out in paragraphs 1 to 3 is explained in writing and communicated to the assuming reinsurer concerned.\n7. Subject to applicable law and the terms of this Agreement, nothing in this Article shall limit or in any way alter the capacity of parties to a reinsurance agreement to agree on requirements for collateral or other terms in that reinsurance agreement.\n8. This Agreement shall apply only to reinsurance agreements entered into, amended, or renewed on or after the date on which a measure that reduces collateral pursuant to this Article takes effect, and only with respect to losses incurred and reserves reported from and after the later of (i) the date of the measure, or (ii) the effective date of such new reinsurance agreement, amendment, or renewal. Nothing in this Agreement shall limit or in any way alter the capacity of parties to any reinsurance agreement to renegotiate such reinsurance agreement.\n9. For greater clarity, in the event of termination of this Agreement, nothing in this Agreement prevents supervisory authorities, or other competent authorities, from requiring the local presence of Host Party assuming reinsurers, or requiring posting of collateral and related requirements, or compliance with other provisions of applicable law, with respect to any liabilities under reinsurance agreements described in this Agreement.", "hash": "62fcbfcbce3cb08cf23ccc3625b56443", "id": 1}, {"size": 35, "snippet_links": [{"key": "same-terms", "type": "clause", "offset": [81, 91]}, {"key": "the-original", "type": "definition", "offset": [95, 107]}, {"key": "all-risks", "type": "definition", "offset": [154, 163]}, {"key": "notwithstanding-the", "type": "definition", "offset": [225, 244]}, {"key": "similar-proceedings", "type": "clause", "offset": [285, 304]}, {"key": "make-payment", "type": "definition", "offset": [369, 381]}, {"key": "relevant-policy", "type": "clause", "offset": [392, 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Lease Agreement (Global Crossing Airlines Group Inc.)", "score": 37.4380569458, "published": true}, {"hash": "iWoKxRmy8vH", "uri": "/contracts/iWoKxRmy8vH#reinsurance", "label": "Aircraft Operating Lease Agreement (Global Crossing Airlines Group Inc.)", "score": 37.4380569458, "published": true}, {"hash": "aD9A2KOZ7ET", "uri": "/contracts/aD9A2KOZ7ET#reinsurance", "label": "Aircraft Operating Lease Agreement (Global Crossing Airlines Group Inc.)", "score": 37.4380569458, "published": true}], "snippet": "If reinsurance is required to be maintained, all reinsurances must (a) be on the same terms as the original Insurances, (b) reinsure not less than 98% of all risks (or such other amount as Lessor may agree), (c) provide that notwithstanding the bankruptcy, insolvency, liquidation, or similar proceedings affecting the reinsured party, the reinsurers will be liable to make payment under the relevant policy of reinsurance as if the reinsured party had (immediately before such proceedings) discharged its obligations in full under the original insurance policy, (d) be with insurers of recognised responsibility with limits in line with those of standard airline practice and (e) contain a \u201ccut through\u201d clause in the following terms or otherwise satisfactory to Lessor: \u201cThe reinsurers hereby agree that in the event of any valid claim arising under the reinsurances in respect of a Total Loss or other claim where, as provided by the [Lease], such claim is to be paid to the person(s) named as loss payee(s) under the primary insurances, the reinsurers shall in lieu of payment to the reinsured, its successors in interest and assigns, pay to the person(s) named as loss payee(s) under the primary insurances effected by the Insured that portion of any loss due for which the reinsurers would otherwise be liable to pay the reinsured (subject to proof of loss), it being understood and agreed that any such payment by the reinsurers shall (to the extent of such payment) fully discharge and release the reinsurers from any and all further liability in connection therewith. Any payment due under this clause shall not contravene any law, statute or decree of [insert country of primary insurer].\u201d", "hash": "776d79983699df5b1d5314331ffec14b", "id": 3}, {"size": 65, "snippet_links": [{"key": "the-contractor-shall", "type": "clause", "offset": [0, 20]}, {"key": "reinsurance-agreements", "type": "definition", "offset": [90, 112]}, {"key": "the-requirements", "type": "clause", "offset": [121, 137]}, {"key": "listed-below", "type": "clause", "offset": [138, 150]}, {"key": "new-policies", "type": "definition", "offset": [180, 192]}, {"key": "amendments-to", "type": "clause", "offset": [206, 219]}, {"key": "review-and-approval", "type": "clause", "offset": [229, 248]}, {"key": "calendar-days", "type": "definition", "offset": [287, 300]}, {"key": "and-coverage", "type": "clause", "offset": [341, 353]}, {"key": "attachment-point", "type": "clause", "offset": [360, 376]}, {"key": "equal-to", "type": "definition", "offset": [386, 394]}, {"key": "all-services", "type": "definition", "offset": [436, 448]}, {"key": "approved-by", "type": "clause", "offset": [467, 478]}, {"key": "to-establish", "type": "clause", "offset": [509, 521]}, {"key": "provide-a", "type": "definition", "offset": [608, 617]}, {"key": "in-writing", "type": "definition", "offset": [680, 690]}, {"key": "policy-renewal-date", "type": "definition", "offset": [756, 775]}, {"key": "date-of", "type": "clause", "offset": [779, 786]}, {"key": "the-proposed-change", "type": "clause", "offset": [787, 806]}, {"key": "the-contractor-must", "type": "clause", "offset": [808, 827]}, {"key": "insurance-responsibilities", "type": "clause", "offset": [915, 941]}, {"key": "contractor-to", "type": "clause", "offset": [1070, 1083]}, {"key": "the-reinsurer", "type": "clause", "offset": [1084, 1097]}, {"key": "payment-to-the-contractor", "type": "clause", "offset": [1117, 1142]}, {"key": "timing-of-claims", "type": "clause", "offset": [1197, 1213]}, {"key": "timely-reimbursement", "type": "clause", "offset": [1284, 1304]}, {"key": "not-acceptable", "type": "clause", "offset": [1309, 1323]}, {"key": "in-the-event-of", "type": "clause", "offset": [1429, 1444]}, {"key": "projected-costs", "type": "clause", "offset": [1522, 1537]}, {"key": "continuation-of-coverage", "type": "clause", "offset": [1623, 1647]}, {"key": "insolvency-insurance", "type": "clause", "offset": [1659, 1679]}, {"key": "benefits-for-members", "type": "clause", "offset": [1698, 1718]}, {"key": "the-period", "type": "clause", "offset": [1736, 1746]}, {"key": "this-coverage", "type": "definition", "offset": [1782, 1795]}, {"key": "to-members", "type": "clause", "offset": [1809, 1819]}, {"key": "acute-care", "type": "definition", "offset": [1823, 1833]}, {"key": "nursing-facility", "type": "definition", "offset": [1847, 1863]}, {"key": "the-member", "type": "definition", "offset": [1920, 1930]}, {"key": "inpatient-stay", "type": "definition", "offset": [1933, 1947]}, {"key": "to-reimburse", "type": "definition", "offset": [1979, 1991]}, {"key": "is-discharged", "type": "clause", "offset": [2081, 2094]}, {"key": "care-setting", "type": "definition", "offset": [2110, 2122]}, {"key": "requirements-for", "type": "clause", "offset": [2146, 2162]}, {"key": "national-association-of-insurance-commissioners", "type": "definition", "offset": [2260, 2307]}, {"key": "reinsurance-accounting-standards", "type": "clause", "offset": [2316, 2348]}, {"key": "insurance-organizations", "type": "definition", "offset": [2412, 2435]}, {"key": "standard-and-poor", "type": "definition", "offset": [2446, 2463]}, {"key": "a-\u2587", "type": "clause", "offset": [2518, 2521]}, {"key": "bond-rating", "type": "definition", "offset": [2528, 2539]}, {"key": "coverage-requirements", "type": "clause", "offset": [2641, 2662]}, {"key": "clearly-defined", "type": "definition", "offset": [2671, 2686]}, {"key": "loss-coverage", "type": "definition", "offset": [2780, 2793]}], "samples": [{"hash": "iyUuRK7jv5y", "uri": "/contracts/iyUuRK7jv5y#reinsurance", "label": "Contract", "score": 23.9500350952, "published": true}, {"hash": "ey5UAI8dfmN", "uri": "/contracts/ey5UAI8dfmN#reinsurance", "label": "Contract", "score": 23.9500350952, "published": true}, {"hash": "a0QIehiKpxY", "uri": "/contracts/a0QIehiKpxY#reinsurance", "label": "Contract", "score": 23.9500350952, "published": true}], "snippet": "The Contractor shall purchase reinsurance from a commercial reinsurer and shall establish reinsurance agreements meeting the requirements listed below. The Contractor shall submit new policies, renewals or amendments to OMPP for review and approval at least one hundred and twenty (120) calendar days before becoming effective. \uf0a7 Agreements and Coverage \uf0b7 The attachment point shall be equal to or less than $200,000 and shall apply to all services, unless otherwise approved by OMPP. The Contractor electing to establish commercial reinsurance agreements with an attachment point greater than $200,000 must provide a justification in its proposal or submit justification to OMPP in writing at least one hundred and twenty (120) calendar days prior to the policy renewal date or date of the proposed change. The Contractor must receive approval from OMPP before changing the attachment point. \uf0b7 The Contractor\u2019s co-insurance responsibilities above the attachment point shall be no greater than twenty percent (20%). \uf0b7 Reinsurance agreements shall transfer risk from the Contractor to the reinsurer. \uf0b7 The reinsurer's payment to the Contractor shall depend on and vary directly with the amount and timing of claims settled under the reinsured contract. Contractual features that delay timely reimbursement are not acceptable. \uf0b7 The Contractor shall maintain a plan acceptable to the IDOI commissioner for continuation of benefits in the event of receivership. The Contractor must finance the greater of $1,000,000 or total projected costs as calculated by the form set forth in 760 IAC 1-70-8. \uf0b7 The Contractor shall obtain continuation of coverage insurance (insolvency insurance) to continue plan benefits for members until the end of the period for which premiums have been paid. This coverage shall extend to members in acute care hospitals or nursing facility settings when the Contractor\u2019s insolvency occurs during the member\u2019s inpatient stay. The Contractor shall continue to reimburse for its member\u2019s care under those circumstances (i.e., inpatient stays) until the member is discharged from the acute care setting or nursing facility. \uf0a7 Requirements for Reinsurance Companies \uf0b7 The Contractor shall submit documentation that the reinsurer follows the National Association of Insurance Commissioners' (NAIC) Reinsurance Accounting Standards. \uf0b7 The Contractor shall be required to obtain reinsurance from insurance organizations that have Standard and Poor's claims-paying ability ratings of \"AA\" or higher and a \u2587\u2587\u2587\u2587\u2587\u2019\u2587 bond rating of \u201cA1\u201d or higher, unless otherwise approved by OMPP. \uf0a7 Subcontractors \uf0b7 Subcontractors\u2019 reinsurance coverage requirements must be clearly defined in the reinsurance agreement. \uf0b7 Subcontractors should be encouraged to obtain their own stop-loss coverage with the above-mentioned terms. \uf0b7 If subcontractors do not obtain reinsurance on their own, the Contractor is required to forward appropriate recoveries from stop-loss coverage to applicable subcontractors.", "hash": "c00dc9d0c00e49e5d0f665fb134507dd", "id": 2}, {"size": 21, "snippet_links": [{"key": "private-insurance", "type": "clause", "offset": [0, 17]}, {"key": "contractor-to", "type": "clause", "offset": [35, 48]}, {"key": "high-cost", "type": "clause", "offset": [76, 85]}, {"key": "insurance-companies", "type": "clause", "offset": [163, 182]}, {"key": "costs-of", "type": "clause", "offset": [214, 222]}, {"key": "services-to-members", "type": "clause", "offset": [241, 260]}], "samples": [{"hash": "gFgpcQhc5Uu", "uri": "/contracts/gFgpcQhc5Uu#reinsurance", "label": "Contract Between the State of Mississippi Division of Medicaid and a Coordinated Care Organization (Cco)", "score": 28.6930179596, "published": true}, {"hash": "4YHG9k1CAOl", "uri": "/contracts/4YHG9k1CAOl#reinsurance", "label": "Contract Between the State of Mississippi Division of Medicaid and a Coordinated Care Organization (Cco)", "score": 28.6930179596, "published": true}, {"hash": "7swagYnJYWN", "uri": "/contracts/7swagYnJYWN#reinsurance", "label": "Contract for Administration of the Children\u2019s Health Insurance Program", "score": 28.520565033, "published": true}], "snippet": "Private insurance purchased by the Contractor to protect against individual high cost cases and/or aggregate high cost. Insurance purchased by the Contractor from insurance companies to protect against part of the costs of providing covered services to Members.", "hash": "210a577b5fab725db3287ff86284ae19", "id": 6}, {"size": 21, "snippet_links": [{"key": "reinsurance-services", "type": "clause", "offset": [0, 20]}, {"key": "not-limited", "type": "clause", "offset": [36, 47]}, {"key": "agreement-to", "type": "clause", "offset": [55, 67]}, {"key": "reinsurance-policy", "type": "definition", "offset": [68, 86]}, {"key": "existing-policies", "type": "clause", "offset": [132, 149]}, {"key": "collection-of-premiums", "type": "clause", "offset": [269, 291]}, {"key": "reinsurance-policies", "type": "definition", "offset": [302, 322]}, {"key": "purchase-of", "type": "clause", "offset": [382, 393]}, {"key": "reinsurance-coverage", "type": "clause", "offset": [394, 414]}, {"key": "letters-of-credit", "type": "clause", "offset": [438, 455]}, {"key": "other-arrangements", "type": "clause", "offset": [460, 478]}, {"key": "provision-of-security", "type": "clause", "offset": [487, 508]}, {"key": "administration-of-reinsurance-contracts", "type": "clause", "offset": [519, 558]}], "samples": [{"hash": "yAq55LkCXn", "uri": "/contracts/yAq55LkCXn#reinsurance", "label": "Management Services Agreement (Liberty Mutual Agency Corp)", "score": 19.5557842255, "published": true}, {"hash": "vQ7OIUXmbr", "uri": "/contracts/vQ7OIUXmbr#reinsurance", "label": "Management Services Agreement (Liberty Mutual Agency Corp)", "score": 19.5557842255, "published": true}, {"hash": "tZb5KF1O20", "uri": "/contracts/tZb5KF1O20#reinsurance", "label": "Management Services Agreement (Liberty Mutual Agency Corp)", "score": 19.5557842255, "published": true}], "snippet": "Reinsurance services including, but not limited to (i) agreement to reinsurance policy and/or contract wordings and endorsements to existing policies; (ii) processing of reinsurance policy cancellations, nonrenewals and endorsements and other amendatory addenda; (iii) collection of premiums due under reinsurance policies or contracts, audits and remittances; (iv) negotiation and purchase of reinsurance coverage; (v) administration of letters of credit and other arrangements for the provision of security; and (vi) administration of reinsurance contracts.", "hash": "6dfc1253cbfcc3adc4d215a091cd383b", "id": 5}, {"size": 15, "snippet_links": [{"key": "to-the-extent", "type": "clause", "offset": [0, 13]}, {"key": "subject-to", "type": "definition", "offset": [79, 89]}, {"key": "risk-retention", "type": "clause", "offset": [94, 108]}, {"key": "relevant-jurisdiction", "type": "definition", "offset": [139, 160]}, {"key": "without-limitation", "type": "clause", "offset": [311, 329]}, {"key": "policies-of-insurance", "type": "clause", "offset": [376, 397]}, {"key": "financially-sound", "type": "definition", "offset": [412, 429]}, {"key": "insurance-companies", "type": "clause", "offset": [444, 463]}, {"key": "permitted-discretion", "type": "clause", "offset": [491, 511]}, {"key": "in-accordance-with", "type": "definition", "offset": [556, 574]}, {"key": "business-practice", "type": "clause", "offset": [581, 598]}, {"key": "similar-businesses", "type": "definition", "offset": [615, 633]}, {"key": "similarly-situated", "type": "definition", "offset": [634, 652]}, {"key": "and-scope", "type": "clause", "offset": [705, 714]}, {"key": "agreed-that", "type": "clause", "offset": [758, 769]}, {"key": "the-policies", "type": "clause", "offset": [805, 817]}, {"key": "in-effect", "type": "definition", "offset": [844, 853]}, {"key": "as-of-the-closing-date", "type": "clause", "offset": [854, 876]}, {"key": "insurance-certificates", "type": "definition", "offset": [959, 981]}, {"key": "insurance-policies-required", "type": "clause", "offset": [999, 1026]}, {"key": "name-agent", "type": "clause", "offset": [1050, 1060]}, {"key": "each-lender", "type": "clause", "offset": [1065, 1076]}, {"key": "additional-insured", "type": "definition", "offset": [1084, 1102]}, {"key": "liability-policy", "type": "definition", "offset": [1124, 1140]}, {"key": "on-behalf-of", "type": "definition", "offset": [1173, 1185]}, {"key": "the-lenders", "type": "clause", "offset": [1186, 1197]}, {"key": "contract-party", "type": "definition", "offset": [1202, 1216]}, {"key": "loss-payee", "type": "clause", "offset": [1222, 1232]}, {"key": "all-property", "type": "definition", "offset": [1238, 1250]}, {"key": "spares-policy", "type": "clause", "offset": [1261, 1274]}, {"key": "insurance-required", "type": "clause", "offset": [1288, 1306]}, {"key": "in-writing", "type": "definition", "offset": [1374, 1384]}, {"key": "in-respect-of", "type": "clause", "offset": [1464, 1477]}, {"key": "prior-to", "type": "definition", "offset": [1517, 1525]}, {"key": "days-in", "type": "definition", "offset": [1598, 1605]}, {"key": "war-risk", "type": "clause", "offset": [1634, 1642]}, {"key": "lesser-period", "type": "definition", "offset": [1652, 1665]}, {"key": "termination-provision", "type": "clause", "offset": [1702, 1723]}, {"key": "waiver-of-subrogation", "type": "clause", "offset": [1756, 1777]}, {"key": "in-favor-of", "type": "definition", "offset": [1778, 1789]}, {"key": "breach-of-warranty", "type": "clause", "offset": [1851, 1869]}, {"key": "the-agent", "type": "clause", "offset": [1892, 1901]}, {"key": "the-insurance", "type": "clause", "offset": [1932, 1945]}, {"key": "right-of-contribution", "type": "clause", "offset": [1975, 1996]}, {"key": "other-insurance", "type": "clause", "offset": [2006, 2021]}, {"key": "available-to", "type": "definition", "offset": [2035, 2047]}, {"key": "agent-and-lenders", "type": "definition", "offset": [2048, 2065]}, {"key": "responsibility-for-premiums", "type": "clause", "offset": [2112, 2139]}, {"key": "warranties-or-representations", "type": "clause", "offset": [2141, 2170]}, {"key": "directly-attributable", "type": "definition", "offset": [2224, 2245]}, {"key": "subject-of", "type": "clause", "offset": [2297, 2307]}, {"key": "loan-party", "type": "definition", "offset": [2324, 2334]}, {"key": "to-maintain", "type": "clause", "offset": [2361, 2372]}, {"key": "arrange-for", "type": "clause", "offset": [2399, 2410]}, {"key": "collection-of-claims", "type": "clause", "offset": [2607, 2627]}, {"key": "any-loss", "type": "definition", "offset": [2673, 2681]}, {"key": "covered-by", "type": "definition", "offset": [2704, 2714]}, {"key": "business-interruption-insurance", "type": "definition", "offset": [2731, 2762]}, {"key": "upon-the-occurrence-and-during", "type": "clause", "offset": [2802, 2832]}, {"key": "continuance-of-an-event-of-default", "type": "clause", "offset": [2837, 2871]}, {"key": "agent-shall", "type": "definition", "offset": [2873, 2884]}, {"key": "right-to-file", "type": "clause", "offset": [2899, 2912]}, {"key": "claims-under", "type": "clause", "offset": [2913, 2925]}, {"key": "property-insurance-policies", "type": "clause", "offset": [2930, 2957]}, {"key": "the-collateral", "type": "definition", "offset": [2984, 2998]}, {"key": "to-receive", "type": "definition", "offset": [3022, 3032]}, {"key": "other-documents", "type": "definition", "offset": [3203, 3218]}, {"key": "settlement-of", "type": "clause", "offset": [3281, 3294]}], "samples": [{"hash": "6t1hUFYKMrK", "uri": "/contracts/6t1hUFYKMrK#reinsurance", "label": "Credit Agreement (AerSale Corp)", "score": 32.2032852173, "published": true}], "snippet": "To the extent that any of the insurances described in (a) through (c) above is subject to any risk retention or similar requirement of any relevant jurisdiction, Borrowers shall procure or, as applicable, cause any relevant lessee to procure, reinsurance upon terms reasonably satisfactory to Agent, including, without limitation, an acceptable \u201ccut through\u201d clause. All such policies of insurance shall be with financially sound and reputable insurance companies acceptable to Agent in its Permitted Discretion and in such amounts as is carried generally in accordance with sound business practice by companies in similar businesses similarly situated and located and, in any event, in amount, adequacy, and scope reasonably satisfactory to Agent (it being agreed that the amount, adequacy, and scope of the policies of insurance of Borrowers in effect as of the Closing Date are acceptable to Agent). No later than the Closing Date, Borrowers shall deliver insurance certificates to Agent for all insurance policies required above, which shall (i) name Agent and each Lender as an \u201cadditional insured\u201d if such policy is a liability policy, (ii) name Agent for itself and on behalf of the Lenders as \u201ccontract party\u201d or \u201closs payee\u201d for all property, hull, or spares policy, and for all insurance required above, (iii) provide that, Agent and each Lender shall be notified in writing by the insurer(s) of any proposed cancellation, termination or material change in respect of such policy, at least thirty (30) days prior to any proposed cancellation, termination or material change and seven (7) days in respect of cancellation for war risk (or such lesser period that may be stated in any automatic termination provision in such policy), (iv) contain a waiver of subrogation in favor of Agent for itself and on behalf of the Lenders; (v) contain a breach of warranty provision in favor of the Agent and Lender; (vi) provide that the insurance shall be primary and without right of contribution from any other insurance which may be available to Agent and Lenders, (vii) provide that Agent and Lenders have no responsibility for premiums, warranties or representations to underwriters, except for such premium that may be directly attributable to a particular aircraft, engine or parts that are subject of a claim. If any Loan Party or its Subsidiaries fails to maintain such insurance, Agent may arrange for such insurance, but at Borrowers\u2019 expense and without any responsibility on Agent\u2019s part for obtaining the insurance, the solvency of the insurance companies, the adequacy of the coverage, or the collection of claims. Borrowers shall give Agent prompt notice of any loss exceeding $10,000,000 covered by the casualty or business interruption insurance of any Loan Party or its Subsidiaries. Upon the occurrence and during the continuance of an Event of Default, Agent shall have the sole right to file claims under any property insurance policies of any loss in respect of the Collateral exceeding $10,000,000, to receive, receipt and give acquittance for any payments that may be payable thereunder, and to execute any and all endorsements, receipts, releases, assignments, reassignments or other documents that may be necessary to effect the collection, compromise or settlement of any claims under any such insurance policies.", "hash": "c839d16b7c738a7ee5c49e2a5638fbb0", "id": 10}, {"size": 23, "snippet_links": [{"key": "in-accordance-with", "type": "definition", "offset": [17, 35]}, {"key": "plan-of-operations", "type": "clause", "offset": [40, 58]}, {"key": "eligible-crop-insurance-contract", "type": "definition", "offset": [77, 109]}, {"key": "assigned-risk-fund", "type": "clause", "offset": [117, 135]}, {"key": "by-state", "type": "clause", "offset": [136, 144]}, {"key": "by-the-company", "type": "clause", "offset": [211, 225]}, {"key": "commercial-fund", "type": "clause", "offset": [290, 305]}, {"key": "unless-otherwise-specified-in", "type": "clause", "offset": [320, 349]}, {"key": "appendix-iii", "type": "definition", "offset": [350, 362]}, {"key": "insurance-contracts", "type": "definition", "offset": [413, 432]}, {"key": "the-transaction", "type": "clause", "offset": [490, 505]}, {"key": "cutoff-date", "type": "definition", "offset": [506, 517]}, {"key": "the-week", "type": "clause", "offset": [522, 530]}, {"key": "calendar-day", "type": "definition", "offset": [551, 563]}, {"key": "sales-closing-date", "type": "definition", "offset": [574, 592]}, {"key": "in-the-case", "type": "clause", "offset": [647, 658]}, {"key": "written-agreements", "type": "clause", "offset": [662, 680]}, {"key": "initial-year", "type": "definition", "offset": [723, 735]}, {"key": "associated-with", "type": "definition", "offset": [775, 790]}, {"key": "agricultural-commodity", "type": "definition", "offset": [1032, 1054]}, {"key": "a-fixed", "type": "clause", "offset": [1063, 1070]}, {"key": "signature-date", "type": "definition", "offset": [1207, 1221]}, {"key": "the-application", "type": "clause", "offset": [1225, 1240]}, {"key": "prior-to-the", "type": "clause", "offset": [1319, 1331]}, {"key": "cancellation-date", "type": "definition", "offset": [1332, 1349]}, {"key": "subsequent-year", "type": "definition", "offset": [1367, 1382]}, {"key": "insurance-for", "type": "clause", "offset": [1386, 1399]}, {"key": "previous-year", "type": "definition", "offset": [1576, 1589]}], "samples": [{"hash": "iLiqiISldtM", "uri": "/contracts/iLiqiISldtM#reinsurance", "label": "Standard Reinsurance Agreement", "score": 36.0165405273, "published": true}, {"hash": "21oMsdgj2eq", "uri": "/contracts/21oMsdgj2eq#reinsurance", "label": "Reinsurance Agreement", "score": 33.7925224304, "published": true}, {"hash": "abdRWuwgr3g", "uri": "/contracts/abdRWuwgr3g#reinsurance", "label": "Reinsurance Agreement", "score": 33.6547241211, "published": true}], "snippet": "(1) The Company, in accordance with its Plan of Operations, may designate an eligible crop insurance contract to the Assigned Risk Fund by State. Any eligible crop insurance contract not specifically designated by the Company to the Assigned Risk Fund will automatically be assigned to the Commercial Fund by State.\n(2) Unless otherwise specified in Appendix III, if the Company elects to designate eligible crop insurance contracts to the Assigned Risk Fund, it shall do so not later than the transaction cutoff date for the week containing the 30th calendar day after the sales closing date for the eligible crop insurance contract, except:\n(A) In the case of written agreements requiring annual FCIC approval or for the initial year of an eligible crop insurance contract associated with a written agreement only (excluding written agreements specified in Appendix III), not later than the transaction cutoff date for the week containing the 30th calendar day after FCIC approval;\n(B) For the initial year of application for any agricultural commodity without a fixed sales closing date, the later of the transaction cutoff date for the week containing the 30th calendar day after the eligible producers signature date on the application, or the transaction cutoff date for the week containing the 30th calendar day prior to the cancellation date; and\n(C) For the subsequent year of insurance for any agricultural commodity without a fixed sales closing date, the transaction cutoff date for the week containing the 30th calendar day prior to the cancellation date for the previous year.", "hash": "8ddddd4f68633cc42be3e386732c76d9", "id": 4}, {"size": 17, "snippet_links": [{"key": "domestic-society", "type": "definition", "offset": [2, 18]}, {"key": "individual-risk", "type": "clause", "offset": [61, 76]}, {"key": "fraternal-benefit-society", "type": "definition", "offset": [140, 165]}, {"key": "reinsurance-agreements", "type": "definition", "offset": [197, 219]}, {"key": "authorized-to-do-business", "type": "clause", "offset": [224, 249]}, {"key": "in-this-state", "type": "definition", "offset": [250, 263]}, {"key": "approved-by", "type": "clause", "offset": [303, 314]}, {"key": "the-commissioner", "type": "clause", "offset": [315, 331]}, {"key": "a-society", "type": "definition", "offset": [337, 346]}, {"key": "substantially-all", "type": "definition", "offset": [366, 383]}, {"key": "in-force", "type": "clause", "offset": [401, 409]}, {"key": "written-permission", "type": "definition", "offset": [422, 440]}, {"key": "to-the-extent", "type": "clause", "offset": [513, 526]}, {"key": "admitted-asset", "type": "definition", "offset": [576, 590]}, {"key": "after-january", "type": "clause", "offset": [715, 728]}, {"key": "assuming-insurer", "type": "clause", "offset": [779, 795]}, {"key": "basis-of", "type": "clause", "offset": [803, 811]}, {"key": "the-liability-of-the", "type": "clause", "offset": [812, 832]}, {"key": "contract-or-contracts", "type": "clause", "offset": [858, 879]}], "samples": [{"hash": "fXe36ziKgga", "uri": "/contracts/fXe36ziKgga#reinsurance", "label": "Fraternal Benefit Societies", "score": 29.236738205, "published": true}, {"hash": "36Lcelt9zxg", "uri": "/contracts/36Lcelt9zxg#reinsurance", "label": "Fraternal Benefit Societies", "score": 29.1407775879, "published": true}, {"hash": "lgCNnE8QzBs", "uri": "/contracts/lgCNnE8QzBs#reinsurance", "label": "Fraternal Benefit Societies", "score": 29.0937404633, "published": true}], "snippet": "A domestic society may, by a reinsurance agreement, cede any individual risk or risks in whole or in part to an insurer, other than another fraternal benefit society, having the power to make such reinsurance agreements and authorized to do business in this state, or if not so authorized, one which is approved by the commissioner; but a society shall not reinsure substantially all of its insurance in force without the written permission of the commissioner. It may take credit for the reserves on ceded risks to the extent reinsured, but credit shall not be allowed as an admitted asset or as a deduction from liability, to a ceding society for reinsurance made, ceded, renewed, or otherwise becoming effective after January 1, 1991, unless the reinsurance is payable by the assuming insurer on the basis of the liability of the ceding society under the contract or contracts reinsured without diminution because of the insolvency of the ceding society.", "hash": "920bf17d3d86125fff6d175b9a90f205", "id": 7}, {"size": 16, "snippet_links": [{"key": "complete-and-correct", "type": "clause", "offset": [42, 62]}, {"key": "reinsurance-agreements", "type": "definition", "offset": [83, 105]}, {"key": "reinsurance-recoverables", "type": "definition", "offset": [145, 169]}, {"key": "insurance-subsidiaries", "type": "definition", "offset": [229, 251]}, {"key": "reinsurance-subsidiary", "type": "definition", "offset": [259, 281]}, {"key": "a-party", "type": "clause", "offset": [285, 292]}, {"key": "material-rights", "type": "clause", "offset": [314, 329]}, {"key": "material-obligations", "type": "clause", "offset": [333, 353]}, {"key": "date-hereof", "type": "clause", "offset": [364, 375]}, {"key": "the-company-has", "type": "clause", "offset": [411, 426]}, {"key": "to-the-purchasers", "type": "clause", "offset": [442, 459]}, {"key": "in-effect", "type": "definition", "offset": [559, 568]}, {"key": "applicable-insurance", "type": "definition", "offset": [667, 687]}, {"key": "knowledge-of-the-company", "type": "definition", "offset": [737, 761]}, {"key": "other-party", "type": "definition", "offset": [768, 779]}, {"key": "in-accordance-with", "type": "definition", "offset": [948, 966]}, {"key": "each-case", "type": "definition", "offset": [989, 998]}, {"key": "fraudulent-conveyance", "type": "definition", "offset": [1113, 1134]}, {"key": "similar-law", "type": "definition", "offset": [1144, 1155]}, {"key": "relating-to", "type": "definition", "offset": [1183, 1194]}, {"key": "rights-generally", "type": "clause", "offset": [1219, 1235]}, {"key": "subject-to-the", "type": "clause", "offset": [1241, 1255]}, {"key": "by-general", "type": "clause", "offset": [1276, 1286]}, {"key": "equitable-principles", "type": "clause", "offset": [1287, 1307]}, {"key": "neither-the-company", "type": "definition", "offset": [1430, 1449]}, {"key": "the-other-parties", "type": "clause", "offset": [1528, 1545]}, {"key": "material-default", "type": "clause", "offset": [1582, 1598]}, {"key": "material-breach", "type": "definition", "offset": [1602, 1617]}, {"key": "agreement-or", "type": "definition", "offset": [1694, 1706]}, {"key": "lapse-of-time", "type": "clause", "offset": [1889, 1902]}, {"key": "threatened-proceedings", "type": "clause", "offset": [1981, 2003]}, {"key": "with-respect-to-the-company", "type": "clause", "offset": [2076, 2103]}, {"key": "the-company-subsidiaries", "type": "clause", "offset": [2196, 2220]}, {"key": "taken-as-a-whole", "type": "clause", "offset": [2222, 2238]}, {"key": "no-party", "type": "clause", "offset": [2263, 2271]}, {"key": "the-terms", "type": "clause", "offset": [2345, 2354]}, {"key": "in-respect-of", "type": "clause", "offset": [2418, 2431]}, {"key": "lookback-date", "type": "definition", "offset": [2469, 2482]}, {"key": "written-notice-of-dispute", "type": "clause", "offset": [2558, 2583]}, {"key": "amounts-recoverable", "type": "clause", "offset": [2613, 2632]}, {"key": "payable-by-the-company", "type": "clause", "offset": [2636, 2658]}, {"key": "pursuant-to", "type": "clause", "offset": [2717, 2728]}, {"key": "reinsurer-party", "type": "definition", "offset": [2767, 2782]}, {"key": "in-writing", "type": "definition", "offset": [2794, 2804]}, {"key": "terms-of", "type": "definition", "offset": [2895, 2903]}, {"key": "reinsurance-premiums", "type": "definition", "offset": [2944, 2964]}, {"key": "expense-allowances", "type": "definition", "offset": [2968, 2986]}], "samples": [{"hash": "cmMcxRyYMwG", "uri": "/contracts/cmMcxRyYMwG#reinsurance", "label": "Securities Purchase Agreement (Accelerant Holdings)", "score": 36.4934959412, "published": true}, {"hash": "94zfbkgBuWs", "uri": "/contracts/94zfbkgBuWs#reinsurance", "label": "Securities Purchase Agreement (Accelerant Holdings)", "score": 36.4934959412, "published": true}, {"hash": "8h5w8sMNBsF", "uri": "/contracts/8h5w8sMNBsF#reinsurance", "label": "Securities Purchase Agreement (Accelerant Holdings)", "score": 36.4934959412, "published": true}], "snippet": "Part one of Schedule W sets forth a true, complete and correct list of any and all reinsurance agreements and treaties with associated reserves, reinsurance recoverables or liabilities in excess of $5,000,000 to which any of the Insurance Subsidiaries or the Reinsurance Subsidiary is a party and has any existing material rights or material obligations as of the date hereof (each, a \u201cReinsurance Agreement\u201d). The Company has made available to the Purchasers a true, complete and correct copy of each Reinsurance Agreement (including any amendments thereto) in effect as of the date hereof. Each Reinsurance Agreement is a legal, valid and binding obligation of the applicable Insurance Subsidiary or Reinsurance Subsidiary and, to the Knowledge of the Company, each other party thereto, and is enforceable against such Insurance Subsidiary or Reinsurance Subsidiary, as applicable, and, to the Knowledge of the Company, each other party thereto, in accordance with its terms (except, in each case, as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium, rehabilitation, liquidation, fraudulent conveyance or other similar Law now or hereafter in effect relating to or affecting creditors\u2019 rights generally, and subject to the limitations imposed by general equitable principles (whether or not such enforceability is considered in a proceeding at law or in equity)). To the Knowledge of the Company, neither the Company nor the applicable Insurance Subsidiary or Reinsurance Subsidiary, nor any of the other parties to any Reinsurance Agreement, is in material default or material breach or has failed to perform any material obligation under any such Reinsurance Agreement or treaty, and, to the Knowledge of the Company, there does not exist any event, condition or omission that would constitute such a material breach or material default (with or without lapse of time or notice or both). There are no pending or, to the Knowledge of the Company, threatened Proceedings with respect to any Reinsurance Agreement that, if determined adversely with respect to the Company or any Insurance Subsidiary or Reinsurance Subsidiary, would be material to the Company and the Company Subsidiaries, taken as a whole. As of the date hereof, no party to any Reinsurance Agreement has given written notice in accordance with the terms thereof of termination (provisional or otherwise) or recapture in respect of any Reinsurance Agreement. Since the Lookback Date, (i) except as disclosed in part two of Schedule W, there has not been any written notice of dispute with respect to any material amounts recoverable or payable by the Company or any Insurance Subsidiary or the Reinsurance Subsidiary pursuant to any Reinsurance Agreement and (ii) no reinsurer party has sought in writing to deny or limit coverage or revoke, terminate, rescind or change, in accordance with the terms of any Reinsurance Agreement, any material reinsurance premiums or expense allowances.", "hash": "d969c8ac92e935633e3ae15e3a3571ee", "id": 8}, {"size": 15, "snippet_links": [{"key": "reinsurance-treaties", "type": "definition", "offset": [4, 24]}, {"key": "contracts-and-arrangements", "type": "clause", "offset": [26, 52]}, {"key": "insurance-subsidiary", "type": "definition", "offset": [81, 101]}, {"key": "a-party", "type": "clause", "offset": [105, 112]}, {"key": "full-force-and-effect", "type": "clause", "offset": [120, 141]}, {"key": "neither-the-company", "type": "definition", "offset": [146, 165]}, {"key": "in-violation", "type": "definition", "offset": [198, 210]}, {"key": "in-default", "type": "clause", "offset": [218, 228]}, {"key": "in-the-performance", "type": "clause", "offset": [229, 247]}, {"key": "violations-or-defaults", "type": "clause", "offset": [367, 389]}, {"key": "in-the-aggregate", "type": "definition", "offset": [412, 428]}, {"key": "material-adverse-effect", "type": "definition", "offset": [452, 475]}, {"key": "knowledge-of-the-company", "type": "definition", "offset": [484, 508]}, {"key": "written-notice", "type": "clause", "offset": [576, 590]}, {"key": "the-other-parties", "type": "clause", "offset": [603, 620]}], "samples": [{"hash": "5nkhxVgNDVW", "uri": "/contracts/5nkhxVgNDVW#reinsurance", "label": "Underwriting Agreement (F&G Annuities & Life, Inc.)", "score": 35.3846664429, "published": true}, {"hash": "fHZWhAScFIX", "uri": "/contracts/fHZWhAScFIX#reinsurance", "label": "Underwriting Agreement (Fidelity National Financial, Inc.)", "score": 34.225189209, "published": true}, {"hash": "69zbe21FgYO", "uri": "/contracts/69zbe21FgYO#reinsurance", "label": "Underwriting Agreement (F&G Annuities & Life, Inc.)", "score": 34.225189209, "published": true}], "snippet": "The reinsurance treaties, contracts and arrangements to which the Company or any Insurance Subsidiary is a party are in full force and effect and neither the Company nor any Insurance Subsidiary is in violation of, or in default in the performance, observance or fulfillment of, any obligation, agreement, covenant or condition contained therein, except for any such violations or defaults that, individually or in the aggregate, would not result in a Material Adverse Effect. To the knowledge of the Company, neither the Company nor any Insurance Subsidiary has received any written notice that any of the other parties to such treaties, contracts or arrangements intends not to, or will be unable to, perform such treaty, contract or arrangement, except as would not, individually or in the aggregate, result in a Material Adverse Effect.", "hash": "2720db74d140abd6e357572c3aa5efb1", "id": 9}], "next_curs": "ClQSTmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjALEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhRyZWluc3VyYW5jZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [["", ""], ["general-terms", "General Terms"], ["reinsurance", "Reinsurance"], ["contingency-fund", "Contingency Fund"], ["assigned-risk-fund", "Assigned Risk Fund"]], "title": "Reinsurance", "size": 1129, "parents": [["representations-and-warranties-of-the-company", "Representations and Warranties of the Company"], ["financial-stability", "Financial Stability"], ["representations-and-warranties", "Representations and Warranties"], ["reinsurance", "Reinsurance"], ["insurance", "Insurance"]], "id": "reinsurance", "related": [["reinsurance-agreements", "Reinsurance Agreements", "<strong>Reinsurance</strong> Agreements"], ["other-reinsurance", "Other Reinsurance", "Other <strong>Reinsurance</strong>"], ["facultative-reinsurance", "FACULTATIVE REINSURANCE", "FACULTATIVE <strong>REINSURANCE</strong>"], ["insurance-contracts", "Insurance Contracts", "Insurance Contracts"], ["insurance-companies", "Insurance Companies", "Insurance Companies"]], "related_snippets": [], "updated": "2026-06-17T04:52:06+00:00"}, "json": true, "cursor": ""}}