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 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.
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.
Examples of Captive Insurance Program in a sentence
Upon Written Instructions, the Escrow Agent will withhold specified amounts from members whose Interests are being repurchased.
WTW acknowledges that the legislation creating the State Captive Insurance Program requires an annual audit by the Arkansas Legislative Audit.
Client may assign its rights or obligations to a state department necessary to fulfill the requirements of legislation enacted by the Ninety-Fifth General Assembly of the State of Arkansas creating the State Captive Insurance Program.