Reports and Accounting. For business effective prior to 2002: Within 45 days after the end of each calendar quarter, the company shall furnish an account statement to the Reinsurer, for their share on the Business Covered including the following: 1. Written premium-credit 2. Commission-debit 3. Net losses (including allocated loss adjustment expenses) paid by the company-debit 4. Reserve for outstanding losses including incurred but not reported (including allocated loss adjustment expenses).
Appears in 4 contracts
Samples: Quota Share Reinsurance Agreement (Goran Capital Inc), Quota Share Reinsurance Agreement (Symons International Group Inc), Quota Share Reinsurance Agreement (Symons International Group Inc)
Reports and Accounting. For business effective prior to 2002, however, excluding business in-force on December 31st, 2001: Within 45 days after the end of each calendar quarter, the company shall furnish an account statement to the Reinsurer, for their share on the Business Covered including the following:
1. Written premiumpremiums-credit
2. Commission-debit
3. Net losses (including allocated loss adjustment expenses) paid by the company-company - debit
4. Reserve for outstanding losses including incurred but not reported (including allocated loss adjustment expenses).
Appears in 4 contracts
Samples: Quota Share Reinsurance Agreement (Goran Capital Inc), Quota Share Reinsurance Agreement (Goran Capital Inc), Quota Share Reinsurance Agreement (Symons International Group Inc)