Examples of Direct Insurer in a sentence
A has a fixed deposit of$100,000 that he intends to pledge with Direct Insurer X for 4 years.
Alternative B—at the Direct Insurer Level: In lieu of seeking to reduce its net retention of XXX or AXXX reserves through a reinsurance ceding arrangement, a direct writing insurer may choose to achieve substantially the same economic effect as the above by satisfying the following criteria: a.
For the purpose of conduct of claims and application of proceeds under any Reinsurance taken out by a Direct Insurer, references to delivery of an Enforcement Notice in this Clause 5 shall include delivery of the notice referred to in Clause 2.2.1 (Enforcement of Assignment) of the Assignment of Reinsurances to such Direct Insurer following an “Insolvency Event” (as defined in the Assignment of Reinsurances).
Making false statements, submitting altered or false documents, or knowingly permitting such behavior in relation to the use of a government purchase card.
The Trustee may be removed by prior written notice executed by the Grantor, the Beneficiary and the Direct Insurer.