REINSURING CLAUSE. A. The Reinsurer hereby agrees to pay the Reinsured 100% of the annual Net Underwriting Loss incurred on the subject portfolio underwritten by the Reinsured as business under the FAA (“Business”), in excess of the Net Premium Retained by the Reinsured.
Appears in 5 contracts
Samples: Fronting and Administration Agreement, Stop Loss Reinsurance Agreement (Trupanion Inc.), Stop Loss Reinsurance Agreement (Trupanion Inc.)
