Examples of Assumed Reinsurance Contracts in a sentence
Accordingly, underwriting gain or loss with respect to the Assumed Reinsurance Contracts for the period from January 1, 2002 through such date will be retained by St. Paul.
Sellers have delivered to Purchaser true and complete copies of such Material Assumed Reinsurance Contracts and all amendments thereto.
A limited number of the Assumed Reinsurance Contracts do not contain these limits, which means that there is no contractual limit to the losses that we may be required to pay pursuant to such Assumed Reinsurance Contracts.
A limited number of the Assumed Reinsurance Contracts do not contain loss cap ratios, which means that there is no contractual limit to the losses that we may be required to pay pursuant to such Assumed Reinsurance Contracts.
COMPETITIVE STRENGTHS We believe that we will have the benefits of being both an established business and a new market entrant because of our management's reputation and St. Xxxx Re's experience and contacts in the reinsurance market, our unencumbered capital base and our expectation that the Assumed Reinsurance Contracts and our right to seek to renew St. Xxxx Re's other contracts will be a long-term source of business to us.
It also notes that proposals will remove larger vehicle movements form the rural network.
Except as noted above, the pro forma combined underwriting results assume that all other retrocessional reinsurance with respect to the Assumed Reinsurance Contracts entered into in 2002 and prior years will remain available to Platinum.
It will also provide for St. Xxxx to make the Cash Contribution and for St. Xxxx and us to enter into various agreements, including the Quota Share Retrocession Agreements by which we will reinsure the Assumed Reinsurance Contracts.
The Sellers shall use commercially reasonable efforts to produce at or prior to the Closing a schedule of all Assumed Reinsurance Contracts that are in-force as of September 30, 2004.
Prior to the Closing, Sellers shall cooperate with Purchaser in providing all information reasonably requested by Purchaser regarding Unexecuted Assumed Reinsurance Contracts and Unexecuted Retroceded Reinsurance Contracts that are not Delivered Unexecuted Assumed Reinsurance Contracts or Delivered Unexecuted Assumed Reinsurance Contracts, as the case may be (collectively, the "Undelivered Contracts").