Captive Insurance Program definition

Captive Insurance Program means the program pursuant to which (1) Fronting Carrier #1 or Fronting Carrier #2 (“Insurers) issued terrorism insurance to and other insured parties, each of which had one or more related captive insurance companies; and
Captive Insurance Program means the captive insurance program and related undertakings established and maintained on a commercially reasonable basis by the Parent and/or the Borrower (for itself and its Subsidiaries) with GTECH Reinsurance, including the making of loans from GTECH Reinsurance to the Parent, the Borrower and/or its Subsidiaries.
Captive Insurance Program means the reinsurance program facilitated by Columbus Insurance Ltd., a Cayman Island exempted company, in which certain Subsidiaries of the Company (other than ZM and its Subsidiaries) are participants.

Examples of Captive Insurance Program in a sentence

  • Examples of special funds include the Captive Insurance Administrative Fund, which is funded by fees paid by insurers that support the State’s Captive Insurance Program, and the Wireless Enhanced 911 Fund.

  • ManagerJohn Rehagen, CFE, has directed Missouri’s Captive Insurance Program since 2007.

  • The docket number for this proposed amended Regulation is 2242-2013.The proposed amended Regulation supports Delaware’s Captive Insurance Program (18 Del.C. Ch. 69) and allows Delaware to adopt a national model audit requirement for Risk Retention Groups, maintaining Delaware’s accreditation standing.

  • Each of these goals is 55 Allianz Develops Blockchain Prototype for Captive Insurance Program." Insurance Journal.

  • The Administrative Agent and the Lenders acknowledge that the Borrower and the other Credit Parties may maintain a portion of the insurance coverage required under this Section 8.5 pursuant to the Captive Insurance Program.

Related to Captive Insurance Program

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

  • Sponsored captive insurance company means a captive insurance company:

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

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

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • Pure captive insurance company means a company that

  • Captive Insurance Subsidiary means any Subsidiary of the Borrower that is subject to regulation as an insurance company (or any Subsidiary thereof).

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit or negotiate insurance, including annuities.

  • Insurance Provider s Tender” means the completed Tendering Document submitted by the Insurance Provider to the Procuring Entity

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Ocean marine insurance means insurance against loss of or damage to:

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

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

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

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

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • FHA Insurance means the Federal mortgage insurance authorized pursuant to Section 220, 221(d)(3), 221 (d)(4) or 223(f) of Title II of the National Housing Act of 1934, as amended.

  • Life insurance means contracts that incorporate mortality risk, including annuity and pure endowment contracts, and as may be specified in the valuation manual.

  • Group Policy /”policy” means the breakdown policy as set out in this document;

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

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

  • Company Insurance Policies has the meaning set forth in Section 4.15.