Common use of Unauthorized Reinsurers Clause in Contracts

Unauthorized Reinsurers. If the Reinsurer is unauthorized in any state of the United States of America or the District of Columbia, the Reinsurer agrees to fund its share of the Company's ceded outstanding loss and loss adjustment expense reserves by:

Appears in 1 contract

Samples: Reinsurance Pooling Agreement (Meridian Insurance Group Inc)

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Unauthorized Reinsurers. A. If the Reinsurer is unauthorized in any state of the United States of America or the District of Columbia, the Reinsurer agrees to fund its share of the Company's ceded United States outstanding loss and loss adjustment expense reserves by:

Appears in 1 contract

Samples: Reinsurance Pooling Agreement (Meridian Insurance Group Inc)

Unauthorized Reinsurers. If the Reinsurer is unauthorized in any state of the United States of America or the District of Columbia, the Reinsurer agrees to fund its share of the Company's ’s ceded United States unearned premium and outstanding loss and loss adjustment expense reserves (including incurred but not reported loss reserves) by:

Appears in 1 contract

Samples: Medical Professional Liability Excess of Loss Reinsurance Contract (Fpic Insurance Group Inc)

Unauthorized Reinsurers. A. If the Reinsurer is unauthorized in any state of the United States of America or the District of Columbia, the Reinsurer agrees to fund its share of the Company's ’s ceded United States outstanding loss and loss adjustment expense reserves (including all case reserves plus any reasonable amount estimated to be unreported from known loss occurrences) by:

Appears in 1 contract

Samples: Excess Catastrophe Reinsurance Contract (Safety Insurance Group Inc)

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Unauthorized Reinsurers. A. If the Reinsurer is unauthorized in any state of the United States of America or the District of Columbia, the Reinsurer agrees to fund its share of the Company's ceded outstanding loss and loss adjustment expense reserves by:

Appears in 1 contract

Samples: Reinsurance Pooling Agreement (Meridian Insurance Group Inc)

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