Common Contracts
2 similar Quota Share Reinsurance Agreement contracts by Goran Capital Inc, Symons International Group Inc
to QUOTA SHARE REINSURANCE AGREEMENT EFFECTIVE JANUARY 1ST 2000Quota Share Reinsurance Agreement • June 13th, 2003 • Goran Capital Inc • Fire, marine & casualty insurance
Notwithstanding the condition of Article VII COMMUTATION it is understood and agreed that all liabilities emanating from losses on business effective prior to January 1st, 2002 are commuted effective September 30, 2002. The Reinsurer shall allow a payment equal to the amount of funds in the Funds Withheld Balance on September 30, 2002. The Company is granted permission to withdraw those funds and agrees to forever release and discharge the Reinsurer from any and all liabilities whether past, present or future on policies effective prior to January 1st, 2002. It is understood that no further reports are due to the Reinsurer for this business.
to QUOTA SHARE REINSURANCE AGREEMENT EFFECTIVE JANUARY 1ST 2000Quota Share Reinsurance Agreement • June 13th, 2003 • Symons International Group Inc • Fire, marine & casualty insurance
Notwithstanding the condition of Article VII COMMUTATION it is understood and agreed that all liabilities emanating from losses on business effective prior to January 1st, 2002 are commuted effective September 30, 2002. The Reinsurer shall allow a payment equal to the amount of funds in the Funds Withheld Balance on September 30, 2002. The Company is granted permission to withdraw those funds and agrees to forever release and discharge the Reinsurer from any and all liabilities whether past, present or future on policies effective prior to January 1st, 2002. It is understood that no further reports are due to the Reinsurer for this business.
