Acceptable Insurance Company definition

Acceptable Insurance Company means an insurance company licensed to do business in the State of Maryland and having an A.M. Best rating of “A”/X or better.
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Acceptable Insurance Company means an insurance company that, at the applicable time, is legally permitted to write the applicable insurance coverage and that (i) has a Credit Rating of A- or better from Standard & Poor’s at such time or (ii) has an insurance company rating of A- or better from A.M. Best at such time.
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Acceptable Insurance Company means an insurance company (a) having an insurer claims paying ability rating no less than AA- by Standard & Poors Rating Group and Aa3 by Xxxxx’x Investor Service or (b) acceptable to the other Party in its sole discretion.
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Examples of Acceptable Insurance Company in a sentence

  • Borrower will maintain fire, other hazard, public liability and such other insurance policies as is customary for businesses similar to Borrower's, each in form, amounts, coverages and with an Acceptable Insurance Company.


More Definitions of Acceptable Insurance Company

Acceptable Insurance Company means an insurer organized under the laws of the United Kingdom of Great Britain and Northern Ireland, any member country of the European Union or the United States of America, or any other state of such countries, or Brazil that has total assets in excess of one billion dollars (USD 1,000,000,000) and an Acceptable Rating.
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Related to Acceptable Insurance Company

  • Title Insurance Company as defined in Section 5.1(l).

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Captive insurance company means a pure captive insurance company, association captive insurance company, captive reinsurance company, sponsored captive insurance company, special purpose captive insurance company, or industrial insured captive insurance company formed or licensed under this chapter. For purposes of this chapter, a branch captive insurance company must be a pure captive insurance company with respect to operations in this State, unless otherwise permitted by the director.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Association captive insurance company means a company that insures risks of the member organizations of the association and their affiliated companies.

  • Insurance premium finance company means a person engaged in the business of

  • Pure captive insurance company means a company that

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • Sponsored captive insurance company means a captive insurance company:

  • Blanket insurance policy means a group policy covering a defined class of

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.