Ceding Company definition

Ceding Company has the meaning set forth in the preamble.
Ceding Company shall have the meaning specified in the Preamble hereto.
Ceding Company shall have the meaning set forth in Section 2.01. [REDACTED]

Examples of Ceding Company in a sentence

  • This Agreement applies only to the issuance of insurance by the Ceding Company in a jurisdiction in which it is properly licensed.

  • However, once the underpayment is discovered, the Ceding Company will be required to pay to the Reinsurer the difference between the full premium amount and the amount actually paid, without interest.

  • The Reinsurer will not reimburse the Ceding Company for premium taxes.

  • Any amount owed to the Ceding Company or to the Reinsurer by reason of such supplementary accounting will be paid promptly upon the completion thereof.

  • During the notification period, the Ceding Company will continue to cede and the Reinsurer will continue to accept policies covered under the terms of this Agreement.


More Definitions of Ceding Company

Ceding Company s share and REINSURER's share of Specified Amount after an increase will be the same as their respective shares before the increase, except CEDING COMPANY will not retain an amount more than the per policy Retention Limit shown in Schedule A. If an increase in Specified Amount occurs on a date other than the policy anniversary, a pro-rata reinsurance premium will be paid to REINSURER. The reinsurance premium rates will be based on the original issue age, duration since issuance of the original policy and the most recent underwriting classification.
Ceding Company. The Guardian Insurance and Annuity Company, Inc. Reinsurer: The Guardian Life Insurance Company of America Policy Exhibit for ____________, 19__ ---------------------------------Current Period--------------------------------- Number Amount of Policies of Reinsurance ----------- -------------- In-force Beg. of Period Paid For Revivals Other Increases Total Increases Deaths Recaptures Expiries Lapses Other Decreases Total Decreases In-Force End of Period ----------------------------------Year-to-Date---------------------------------- Number Amount of Policies of Reinsurance ----------- -------------- In-force Beg. of Year Paid For Revivals Other Increases Total Increases Deaths Recaptures Expiries Lapses Other Decreases Total Decreases In-Force End of Year EXHIBIT E - 4
Ceding Company. Xxxx Xxxxxxx Life Insurance Company (U.S.A.) 000 Xxxxxxxx Xxxxxx Xxxxxx, XX 00000 Attention: Corporate Secretary
Ceding Company. The Guardian Insurance and Annuity Company, Inc. Reinsurer: The Guardian Life Insurance Company of America Summary Monthly Report For ________________, 19__ First Year Life Premiums _________________ Scheduled ____________ Unscheduled ____________ General Account ____________ First Year Disability Premiums +________________ Renewal Life Premiums +________________ Scheduled ____________ Unscheduled ____________ General Account ____________ Renewal Disability Premiums +________________ First Year Allowances -________________ Renewal Allowances -________________ Cash Value Payments -________________ Death Claims Payments -________________ Interest on Death Claims -________________ Claim Expense Reimbursements -________________ Disability Claim Payments -________________ Mean Reserve Adjustment ________________ Reserve interest +____________ Reserve increase -____________ Total Amount due The Guardian or (ceding company) ________________ EXHIBIT F - 3
Ceding Company. ACCOUNT NO: __________________________________________________ PREPARED BY: ___________________________ Phone: ( ) ________ DATE PREPARED: __________________________________________________ TYPE OF REINSURANCE: Yearly Renewable Term _____ Coinsurance _____ Modified Coinsurance _____ Other _____ VALUATION DATE: __________________ LIFE WP AD TOTAL
Ceding Company means an insurance or reinsurance Wholly-Owned Subsidiary of the Borrower that has, pursuant to an Insurance Contract or a Reinsurance Contract with TMK, agreed with TMK that TMK, as reinsurer, shall assume certain liabilities of such insurance or reinsurance company under an Insurance Contract.