Ceding Company definition

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

  • As part of the quarterly or semi-annual meetings described in Section 3.6, the Ceding Company and the Reinsurer shall review and discuss loss ratios of the Reinsured LTC Policies, Rate Increase Request Filings and the status thereof and administration and management of the Reinsured Policies.

  • If the Ceding Company accepts a Proposed Rate Increase, the Ceding Company shall use commercially reasonable efforts to seek regulatory approval for such Proposed Rate Increase in accordance with this Section 3.12.

  • It is further understood that the expense thus incurred by the Reinsurer will be chargeable, subject to Applicable Law and court approval, against the Ceding Company as part of the expense of liquidation to the extent of a proportionate share of the benefit that may accrue to the Ceding Company solely as a result of the defense undertaken by the Reinsurer.

  • The Ceding Company shall consider in good faith any written recommendations timely received from Reinsurer regarding the Ceding Company’s communications with Insurance Regulatory Authorities, the Rate Increase Request Filings, or the amount of any premium rate increase that the Ceding Company plans to pursue, in each case, relating to the Reinsured LTC Policies.

  • Following the Approval of a Rate Increase Request Filing, the Ceding Company shall implement as promptly as reasonably practicable any premium rate increase to the extent approved thereunder consistent with the Ceding Company’s past practices and procedures relating to the implementation of premium rate increases on its long-term care business (including the Other LTC Policies).


More Definitions of Ceding Company

Ceding Company means West Coast Life Insurance Company and its successors and assigns.
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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.
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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
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Ceding Company. REINSURER: ______________________________________________________________ ACCOUNT NO: ______________________________________________________________ PREPARED BY: __________________________________ Phone:( )_____________ DATE PREPARED: ______________________________________________________________ TYPE OF REINSURANCE: Yearly Renewable Term ____________________________________ Coinsurance ____________________________________ Modified Coinsurance ____________________________________ Other ____________________________________ VALUATION DATE: __________________________ TYPES OF RESERVES: Statutory ____________________________________ GAAP ____________________________________ Tax ____________________________________ ISSUE VALUATION BASIS YEAR IN FORCE IN FORCE RESERVE MORTALITY INTEREST VALUATION RANGE COUNT AMOUNT CREDIT A. Life Insurance _______________ _______________ _______________ ______________ ______________ ______________ ______________ _______________ _______________ _______________ ______________ ______________ ______________ ______________ B. Accidental Death Benefit _______________ _______________ _______________ ______________ ______________ ______________ ______________ C. Disability Active Lives _______________ _______________ _______________ ______________ ______________ ______________ ______________ D. Disability Disabled Lives _______________ _______________ _______________ ______________ ______________ ______________ ______________ E. Other Please Explain _______________ _______________ _______________ ______________ ______________ ______________ ______________ GRAND TOTAL: _______________ 25 SCHEDULE C, CONTINUED SAMPLE ACCOUNTING SUMMARY
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Ceding Company. ▇▇▇▇ ▇▇▇▇▇▇▇ Life Insurance Company (U.S.A.) ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: Corporate Secretary
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Ceding Company shall have the meaning set forth in the preamble.
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Ceding Company means the insurer ceding business to the special purpose insurance captive under the special purpose insurance captive contract.
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