Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 as respects any one loss occurrence.
Appears in 2 contracts
Samples: Fourth Excess Catastrophe Reinsurance (Federated National Holding Co), Interests and Liabilities Agreement (Federated National Holding Co)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 10,000,000 of ultimate net loss (regardless of the combination of classes of business, number of policies or number of interests involved) arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 10,000,000 as respects any one loss occurrence.
Appears in 2 contracts
Samples: Amcomp Inc /Fl, Amcomp Inc /Fl
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 7,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 13,000,000 as respects any one loss occurrence, nor shall it exceed $13,000,000 in all during the term of this Contract.
Appears in 2 contracts
Samples: Excess Catastrophe Reinsurance (21st Century Holding Co), Excess Catastrophe Reinsurance (21st Century Holding Co)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 90,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 50,000,000 as respects any one loss occurrence.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 140,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 50,000,000 as respects any one loss occurrenceoccurrence nor shall it exceed $50,000,000 in all during the term of this Contract.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 190,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 5,000,000 as respects any one loss occurrence.
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Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 1,000,000 of ultimate net loss arising out of as respects each loss occurrencerisk, each loss. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 4,000,000 as respects any one loss occurrencerisk, each loss.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Financial Pacific Insurance Group Inc)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 90,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 50,000,000 as respects any one loss occurrence.
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Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 150,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 as respects any one loss occurrence.
Appears in 1 contract
Samples: Homeowners of America Holding Corp
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 18,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 7,100,000, as respects any one loss occurrence..
Appears in 1 contract
Samples: Excess Catastrophe Reinsurance Contract (Federated National Holding Co)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 265,000,000 of ultimate net loss arising out of each any one loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the Reinsurer's liability of the Reinsurer for ultimate net loss (plus an allowance for loss adjustment expense) shall not exceed $25,000,000 775,000,000 as respects any one all losses arising out of loss occurrenceoccurrences commencing during the term of this Contract.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Federated National Holding Co)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 7,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 4,000,000 as respects any one loss occurrence, nor shall it exceed $8,000,000 in all during the term of this Contract.
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Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 7,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 3,000,000 as respects any one loss occurrence.
Appears in 1 contract
Samples: Underlying Excess Catastrophe (Philadelphia Consolidated Holding Corp)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 65,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for 95% of the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed 95% of $25,000,000 as respects any one loss occurrence.
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Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 50,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 40,000,000 as respects any one loss occurrenceoccurrence nor shall it exceed $40,000,000 in all during the term of this Contract.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 140,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 50,000,000 as respects any one loss occurrenceoccurrence nor shall it exceed $50,000,000 in all during the term of this Contract.
Appears in 1 contract
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 240,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 50,000,000 as respects any one loss occurrenceoccurrence nor shall it exceed $50,000,000 in all during the term of this Contract.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 85,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 40,000,000 as respects any one loss occurrence.
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Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 10,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retentionretention (subject to the provisions of paragraph B below), but the liability of the Reinsurer shall not exceed $25,000,000 15,000,000 of ultimate net loss, as respects any one loss occurrence., nor shall it exceed $30,000,000, in all during the term of this Contract. 20\F7V1101Page 4
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Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 3,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer under each excess layer shall not exceed $25,000,000 2,000,000 as respects any one loss occurrence.
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Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 66,441,019 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 12,500,000 as respects any one loss occurrence.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (21st Century Holding Co)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 326,833,000 of ultimate net loss arising out of each any one loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the Reinsurer's liability of the Reinsurer for ultimate net loss (plus an allowance for loss adjustment expense) shall not exceed $25,000,000 1,062,500,000 as respects any one all losses arising out of loss occurrence.occurrences commencing during the term of this Contract.
Appears in 1 contract
Samples: FHCF Supplement Layer (Federated National Holding Co)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 195,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 45,000,000 as respects any one loss occurrence.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 10,000,000 of ultimate net loss (regardless of the combination of classes of business, number of policies or number of insureds involved) arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 10,000,000 as respects any one loss occurrence.
Appears in 1 contract
Samples: Amcomp Inc /Fl
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 7,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 3,000,000 as respects any one loss occurrence.
Appears in 1 contract
Samples: Underlying Excess Catastrophe (Philadelphia Consolidated Holding Corp)
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 5,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 7,800,000 as respects any one loss occurrence, nor $7,800,000 in all during the term of this Contract.
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Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 140,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 50,000,000 as respects any one loss occurrence.
Appears in 1 contract
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 7,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable (subject to the provisions of paragraph B below) for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 13,000,000 as respects any one loss occurrence, nor shall it exceed $13,000,000 in all during the term of this Contract.
Appears in 1 contract
Samples: 21st Century Holding Co
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 90,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for 95% of the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed 95% of $25,000,000 as respects any one loss occurrence.
Appears in 1 contract
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 3,500,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's ’s retention, but the liability of the Reinsurer shall not exceed $25,000,000 6,500,000 as respects any one loss occurrence.
Appears in 1 contract
Retention and Limit. A. The Company shall retain and be liable for the first $124,300,000 10,000,000 of ultimate net loss arising out of each loss occurrence. The Reinsurer shall then be liable for the amount by which such ultimate net loss exceeds the Company's retention, but the liability of the Reinsurer shall not exceed $25,000,000 6,150,000 as respects any one loss occurrence.
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