Direct Business definition

Direct Business means Direct-to-Consumer and Partner Direct.
Direct Business means any of the following activities of the Licensee or any wholly owned Subsidiary insofar as they are undertaken in the United Kingdom taken together, that is to say:
Direct Business. (直接業務) means contracts of insurance, other than contracts of reinsurance, entered into by an insurer; (Added L.N. 391 of 1990)

Examples of Direct Business in a sentence

  • Revenue [for the purposes of the Equity requirement calculation] — The total gross Direct Business Premiums, for all Pennsylvania lines of business, reported in Schedule T, “Premiums and other Considerations,” of the PID report.

  • For avoidance of doubt, this Chapter shall apply to all ISS Transaction resulting either from Novated Contract or Direct Business Contract.

  • Notwithstanding any other provisions in this Chapter, the Clearing House may in consultation with the Commission apply any alternative mode or requirements not specifically mentioned herein for the clearing and settlement of Direct Business Contract under ISS, as deemed appropriate in the circumstances.

  • Subject to clause 2, the Parties agree that all Existing Direct Business and Substitute Business shall continue to be underwritten on the terms set out in the Existing Local Agreements, as detailed in Part A of Schedule 1.

  • Subject to Paragraph 5.2.2 of Part A of Schedule 5, New Direct Business will be subject to a GEFA Retention Rate of ** per cent.

  • Any notice required by this Agreement or given in connection with it, shall be in writing and shall be given to the appropriate party by personal delivery or by certified mail, postage prepaid, or recognized overnight delivery service; If to DBM: Direct Business Marketing ▇▇▇ ▇.

  • Such reports shall include information for the analysis of increase in reserves, the exhibit of life insurance, analysis of operations, Schedule T, Summary of Operations, Direct Business Pages and Exhibits 1-8, Schedule E and any other applicable information for the NAIC Convention Blank based on the contracts reinsured hereunder.

  • You authorize California Bank & Trust to treat any instruction made on California Bank & Trust Direct Business and Direct Business Plus Internet Banking with valid User IDs/Login IDs and Passwords as if the instructions had been made in writing and signed by the appropriate authorized individual or individuals.

  • California Bank & Trust records regarding access by User IDs/Login IDs and Passwords will be conclusive regarding any access to, or action taken through California Bank & Trust Direct Business and Direct Business Plus Internet Banking.

  • Commission Notice on the Application of the State Aid Rules to Measures to Direct Business Taxation.


More Definitions of Direct Business

Direct Business means Licensor's direct to consumer personal lines insurance business.
Direct Business means Policies issued by the Company which are not included in the Indirect Business,

Related to Direct Business

  • Subject Business means the policy or policies that are

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Parent Business has the meaning set forth in the Separation and Distribution Agreement.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Relevant Business means any business or part thereof howsoever carried on involving the supply of Restricted Goods and/or Services;