Ceded Reinsurance Agreements definition

Ceded Reinsurance Agreements means all of the contracts, binders, certificates, treaties or other evidence for Ceded Reinsurance.

Ceded Reinsurance Agreements means reinsurance agreements entered into by the special purpose insurance captive with affiliates or unaffiliated parties for the purpose of obtaining reinsurance for all or some portion of the risks assumed by the special purpose insurance captive under special purpose insurance captive contracts.

Ceded Reinsurance Agreements means all agreements of reinsurance other than this Agreement whereby the Reinsured or any CGU Insurer has ceded liability with respect to the Business Covered.

Examples of Ceded Reinsurance Agreements in a sentence

• The Company shall manage and administer the Ceded Reinsurance Agreements, including providing all reports and notices required with regard to the Ceded Reinsurance Agreements to the reinsurers within the time required by the applicable reinsurance agreement and doing all other things necessary to comply with the terms and conditions of the Ceded Reinsurance Agreements.

• Without limiting the foregoing, the Company shall timely pay all reinsurance premiums due to reinsurers under the Ceded Reinsurance Agreements and diligently collect from such reinsurers all reinsurance recoverables due thereunder.

• VFL shall also assign to the Purchaser all Reinsurance Recoveries on or after the Effective Date under the Ceded Reinsurance Agreements.

• Notwithstanding any other provision of this Agreement, the Ceding Company shall retain the ultimate authority to make all final decisions with respect to the administration of the Reinsured Policies, the NICO Reinsurance Agreement and the Ceded Reinsurance Agreements; provided, that nothing in this Section 2.05 is intended to relieve the Ceding Company for any liability for any breach of the terms and conditions of this Agreement resulting from exercise of such ultimate authority.

• True and complete copies of all the contracts (or slips, binders and commitments therefor) and of all amendments thereto for the Ceded Reinsurance Agreements have been delivered to Purchaser.

More Definitions of Ceded Reinsurance Agreements

Ceded Reinsurance Agreements means the reinsurance contracts that are described in Section 3.17 and that are listed on Schedule 3.17.

Ceded Reinsurance Agreements means those agreements of reinsurance ceded by the Company and described on Schedule 1 hereto.

Ceded Reinsurance Agreements means the contracts, binders, certificates or other evidences of ceded reinsurance set forth on Schedule 1.01(g), in each case only to the extent that such reinsurance remains in place.

Ceded Reinsurance Agreements means all Contracts pursuant to which any Acquired Company has ceded or transferred to any Person (other than another Acquired Company) any of its obligations or liabilities under any assumed insurance or assumed reinsurance agreement.

Ceded Reinsurance Agreements has the meaning set forth in Section 4.16(a).

Ceded Reinsurance Agreements means, to the extent that such treaties or agreements relate to the Insurance Liabilities, Sellers Extra Contractual Obligations or Purchaser Extra Contractual Obligations, (a) the reinsurance and retrocession treaties and agreements to which Seller, FGWLA, CLAC or any of their Affiliates is a ceding party that are in force on the date hereof or entered into by Seller, FGWLA or CLAC, other than in violation of Section 6.01, between the date hereof and the Closing Date and (b) any such treaty or agreement that is terminated or expired but under which Seller, FGWLA or CLAC may continue to receive reinsurance coverage.

Ceded Reinsurance Agreements means the reinsurance agreements under which Cedent, GLIC, GLICNY, Jamestown, RLI or RLII has ceded to reinsurers risks arising in respect of the Reinsured Policies, in each case that are (a) in force on the date hereof or (b) terminated on the date hereof but under which there remains any outstanding liability or obligation from any reinsurer thereunder; provided, that Ceded Reinsurance Agreements shall not include the RL Captive Reinsurance Agreements, the Assumed Reinsurance Agreements or the Jamestown Reinsurance Agreement.