Affiliated reinsurance company definition

Affiliated reinsurance company means a company licensed by the
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Affiliated reinsurance company means a company licensed by the Commissioner pursuant to this subchapter to reinsure risks ceded by a ceding insurer that is its parent or affiliate.
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Affiliated reinsurance company means a company licensed by the Commissioner pursuant to this subchapter to reinsure risks ceded by a ceding insurer one or more ceding insurers that is its parent or affiliate are affiliated companies. Subject to the prior approval of the Commissioner, not more than 10 percent of the risks reinsured may be ceded by ceding insurers that are not affiliated companies.
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More Definitions of Affiliated reinsurance company

Affiliated reinsurance company means a company licensed by the Commissioner pursuant to this subchapter to reinsure risks ceded by a ceding
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Affiliated reinsurance company means a pure reinsurer owned either by a financial undertaking other than an insurer, an EEA insurer, a pure reinsurer, an EEA pure reinsurer or a group of insurance undertakings or reinsurance undertakings to which the Insurance Business (Supplementary Supervision of Insurance and Reinsurance Undertakings in an Insurance Group) Regulations, 2007 apply, or by a non-financial undertaking, the purpose of which is to provide reinsurance cover exclusively for the risks of the undertaking
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Affiliated reinsurance company means a company licensed by the Commissioner pursuant to this subchapter to reinsure risks ceded by a ceding insurer that is its parent or affiliate. Affiliate shall have the same meaning as defined in SSAP97.
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Affiliated reinsurance company means a pure reinsurer owned either by a financial undertaking other than an insurer, an EEA insurer, a pure reinsurer, an EEA pure reinsurer or a group of insurance undertakings or reinsurance undertakings to which the‌
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Related to Affiliated reinsurance company

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

  • In-Orbit Insurance means, with respect to any Satellite (or, if the entire Satellite is not owned by the Issuer or any Restricted Subsidiary, as the case may be, the portion of the Satellite it owns or for which it has risk of loss), insurance (subject to a right of co-insurance in an amount up to $150.0 million) or other contractual arrangement providing for coverage against the risk of loss of or damage to such Satellite (or portion, as applicable) attaching upon the expiration of the launch insurance therefor (or, if launch insurance is not procured, upon the initial completion of in-orbit testing) and attaching, during the commercial in-orbit service of such Satellite (or portion, as applicable), upon the expiration of the immediately preceding corresponding policy or other contractual arrangement, as the case may be, subject to the terms and conditions set forth in this Indenture.

  • 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.

  • Sponsored captive insurance company means a captive insurance company:

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • 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.

  • Regulated Insurance Company means any Subsidiary of the Borrower, whether now owned or hereafter acquired, that is authorized or admitted to carry on or transact Insurance Business in any jurisdiction and is regulated by any Applicable Insurance Regulatory Authority.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Captive insurance company means any pure captive insurance company, association captive

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Insurance group means the persons that comprise an insurance holding company system.

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

  • Health insurance issuer means an insurance company, or insurance organization (including a health

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Insurance Commissioner means the Insurance Commissioner

  • Reinsurance intermediary means a reinsurance intermediary-broker or a reinsurance intermediary-manager.

  • Title Insurance Company means the company that has or will issue the title policies with respect to a Leased Property, which company shall be reasonably acceptable to the Funding Parties.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • Health-care-insurance receivable means an interest in or claim under a policy of insurance which is a right to payment of a monetary obligation for health-care goods or services provided.

  • Health care insurer means a disability insurer, group

  • Pure captive insurance company means a company that

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Insurance Advisor means Aon Risk Services and any replacement thereof appointed by the Required Secured Parties and, if no Event of Default shall then be occurring, after consultation with the Borrower.

  • Insurance Subsidiary means any Subsidiary that is licensed by any Applicable Insurance Regulatory Authority to conduct, and conducts, an Insurance Business.

  • Internationally active insurance group means an insurance holding company system: