Ceding insurer means an insurer or reinsurer that is counterparty to an assuming reinsurer under a reinsurance agreement;
Ceding insurer means one or more insurers or reinsurers under common control that enters into a SPRV contract with a SPRV.
Ceding insurer means an insurance company approved by the
Examples of Ceding insurer in a sentence
Ceding insurer" means an insurer that enters into a special purpose reinsurance vehicle contract with a special purpose reinsurance vehicle and includes a reinsurer retroceding assumed reinsurance to a special purpose reinsurance vehicle.
The Company is indirectly exposed to the Ceding insurer, Atlanticlux (credit rating BBB), which pays the monthly reinsurance premium to VIF.
Capping the risk concentration of a Ceding insurer with any one reinsurer would be a limitation to the regulation on order of preference in cessions.
Ceding insurer agreed to cede and the reinsurer agrees to accept a share of business as specified in the treaty.
More Definitions of Ceding insurer
Ceding insurer means an insurance company, approved by the commissioner and licensed or otherwise authorized to transact the business of insurance or reinsurance in its state or country of domicile, that cedes risk to a special purpose financial captive insurance company pursuant to a reinsurance contract.
Ceding insurer means a domestic insurer, as defined by paragraph (1) of Section 624.06, F.S.
Ceding insurer means a domestic life insurance company that is an affiliated company of an LPS and that cedes risk to the LPS pursuant to a reinsurance contract.
Ceding insurer means an insurer that:
Ceding insurer has the meaning set forth in the preamble.
Ceding insurer means an insurance company approved by the Commissioner and licensed or otherwise authorized to transact the business of insurance or reinsurance in its state or country of domicile, which cedes risk to an affiliated reinsurance company pursuant to a reinsurance contract.
Ceding insurer means a company that cedes risk