SEVERAL LIABILITY NOTICE. The subscribing reinsurers' obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers are not responsible for the subscription of any co-subscribing reinsurer who for any reason does not satisfy all or part of its obligations.
Appears in 16 contracts
Samples: Loss Reinsurance Agreement (Scpie Holdings Inc), Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Loss Reinsurance Agreement (Scpie Holdings Inc)
SEVERAL LIABILITY NOTICE. The subscribing reinsurersReinsurers' obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers Reinsurers are not responsible for the subscription of any co-subscribing reinsurer Reinsurer who for any reason does not satisfy all or part of its obligations.
Appears in 12 contracts
Samples: Share Reinsurance Contract (Darwin Professional Underwriters Inc), Loss Reinsurance Contract (Darwin Professional Underwriters Inc), Loss Reinsurance Contract (Darwin Professional Underwriters Inc)
SEVERAL LIABILITY NOTICE. The subscribing reinsurers' Subscribing Reinsurers’ obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers are not responsible for the subscription of any co-subscribing reinsurer who for any reason does not satisfy all or part of its obligations.
Appears in 3 contracts
Samples: Loss Reinsurance Agreement, First Fourth Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Medical Malpractice Shortfall Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)
SEVERAL LIABILITY NOTICE. The subscribing reinsurers' Reinsurers obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers Reinsurers are not responsible for the subscription of any co-subscribing reinsurer Reinsurer who for any reason does not satisfy all or part of its obligations.
Appears in 1 contract
Samples: Darwin Professional Underwriters Inc
SEVERAL LIABILITY NOTICE. The subscribing reinsurersReinsurers' obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers Reinsurers are not responsible for the subscription of any co-subscribing reinsurer Reinsurer who for any reason does not satisfy all or part of its obligations.. NUCLEAR INCIDENT EXCLUSION CLAUSE-LIABILITY-REINSURANCE (U.S.A.)
Appears in 1 contract
Samples: Reinsurance Agreement (Darwin Professional Underwriters Inc)
SEVERAL LIABILITY NOTICE. The subscribing reinsurersSubscribing Reinsurers' obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers Reinsurers are not responsible for the subscription of any co-subscribing reinsurer Reinsurer who for any reason does not satisfy all or part of its obligations.
Appears in 1 contract
Samples: Darwin Professional Underwriters Inc
SEVERAL LIABILITY NOTICE. The subscribing reinsurersReinsurers' obligations under contracts of reinsurance to which they subscribe are several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing reinsurers Reinsurers are not responsible for the subscription of any co-subscribing reinsurer Reinsurer who for any reason does not satisfy all or part of its obligations.
Appears in 1 contract
Samples: Darwin Professional Underwriters Inc
