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: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Third Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Excess of 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: Excess Cession Reinsurance Contract (Darwin Professional Underwriters Inc), Excess of Loss Reinsurance Contract (Darwin Professional Underwriters Inc), Excess of 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: Excess of Loss Reinsurance Agreement, Excess of Loss Reinsurance Agreement (Scpie Holdings Inc), Medical Malpractice Shortfall Excess of 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 1 contract
Samples: Quota Share Reinsurance Contract (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 are not responsible for the subscription of any co-subscribing reinsurer who for any reason does not satisfy all or part of its obligations.. Effective: January 1, 2001 DOC: June 25, 2001 00 xx 00 [XXGO] Guy Carpenter
Appears in 1 contract
Samples: Excess of Loss Reinsurance Agreement (Scpie Holdings Inc)
SEVERAL LIABILITY NOTICE. The subscribing reinsurers' ’ obligations under 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 1 contract
Samples: Catastrophe Reinsurance Contract (Philadelphia Consolidated Holding Corp)
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: Excess Cession Reinsurance Contract (Darwin Professional Underwriters Inc)
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.. LSW1001 (Reinsurance) 08/94
Appears in 1 contract
Samples: Terrorism Catastrophe Excess of Loss Reinsurance Contract (Philadelphia Consolidated Holding Corp)
SEVERAL LIABILITY NOTICE. The subscribing 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 1 contract
Samples: Reinsurance Contract (Philadelphia Consolidated Holding Corp)
SEVERAL LIABILITY NOTICE. The subscribing Subscribing reinsurers' ’ obligations under contracts of reinsurance to which they subscribe are several Several and not joint and are limited solely to the extent of their individual subscriptions. The subscribing subscription 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 1 contract
Samples: Reinsurance Contract (Philadelphia Consolidated Holding Corp)
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: Second Excess Cession Reinsurance Contract (Darwin Professional Underwriters Inc)
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 reinsures are not responsible for the subscription of any co-subscribing reinsurer reinsure who for any reason does not satisfy all or part of its obligations.
Appears in 1 contract
Samples: Third Event Excess Catastrophe Reinsurance Contract (Philadelphia Consolidated Holding Corp)
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 1 contract
Samples: Excess Catastrophe Reinsurance Contract (Philadelphia Consolidated Holding Corp)
