Direct Insurer definition

Direct Insurer means the insurer(s) with whom a Direct Insurance is placed from time to time in accordance with Schedule 7 (Insurance).
Direct Insurer means any insurer other than a reinsurer, an authorised reinsurer or a captive insurer;
Direct Insurer means the insurer(s) with whom a Direct Insurance is placed from time to time in accordance with Schedule 8 (Insurance).

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.


More Definitions of Direct Insurer

Direct Insurer means an insurance undertaking, with which the injured party has concluded a third party liability insurance contract;
Direct Insurer means an insurer with whom Insurance is placed from time to time in accordance with Subclause 19.14 (Insurances) and who has effected any policies, treaties and contracts of reinsurance of any kind related to such Insurance.
Direct Insurer means the insurer(s) with whom a Direct Insurance is placed from time to time in accordance with paragraph 10 of Part A of Schedule 5 (Covenants)
Direct Insurer shall include any successor of the Direct Insurer by operation of law including, without limitation, any liquidator, rehabilitator, receiver or conservator.
Direct Insurer means [___], a Connecticut-domiciled life insurer.
Direct Insurer. ’ means any insurer other than a reinsurer or a captive insurer;
Direct Insurer means any insurer other than a reinsurer, an authorised reinsurer or a captive insurer; “director” has the same meaning as in section 4(1) of the Companies Act (Cap. 50);