Group Insurance Undertaking definition

Group Insurance Undertaking means an insurance undertaking whose data is included for the purposes of the calculation of the Solvency Capital Requirement of the Insurance Group pursuant to the Relevant Rules;
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Group Insurance Undertaking means an insurance undertaking or a reinsurance undertaking within the Group.
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Group Insurance Undertaking means an insurance undertaking, reinsurance undertaking, domestic insurance undertaking or domestic reinsurance undertaking whose data is included for the purposes of the calculation of the Solvency Capital Requirement of the Group pursuant to the Relevant Rules;
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Examples of Group Insurance Undertaking in a sentence

  • Policyholder Claims means claims of policyholders in a liquidation of a Group Insurance Undertaking to the extent that those claims relate to any debt to which the Group Insurance Undertaking is, or may become, liable to a policyholder pursuant to a contract of insurance.

  • Insolvent Insurer Liquidation means a liquidation of any Group Insurance Undertaking that is not a Solvent Insurer Liquidation.

  • Group Insurance Undertaking means an Insurance Undertaking or a Reinsurance Undertaking of the Group.

  • Insolvent Insurer Liquidation means a liquidation of any Group Insurance Undertaking that is not at that time a Solvent Insurer Liquidation.

  • Solvent Insurer Liquidation means a liquidation of any Group Insurance Undertaking where the Borrower has determined, acting reasonably, that all Policyholder Claims of such Group Insurance Undertaking will be met.

  • Group Insurance Undertaking means an Insurance Undertaking or a Reinsurance Undertaking of the Insurance Group.

  • In this Condition 4.12 and for the purposes of the Conditions: Group Insurance Undertaking means an Insurance Undertaking or a Reinsurance Undertaking of the Group.

  • Solvent Insurer Liquidation means a liquidation of any Group Insurance Undertaking where the Issuer has determined, acting reasonably, that all Policyholder Claims of such Group Insurance Undertaking will be met.

  • Group Insurance Undertaking means an insurance undertaking or a reinsurance undertaking of the Group.


More Definitions of Group Insurance Undertaking

Group Insurance Undertaking means an Insurance Undertaking whose data is included for the purposes of the calculation of the Solvency Capital Requirement of the Danica Pension Group and/or the Danica Group, as applicable, pursuant to the Solvency Requirements;
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Related to Group Insurance Undertaking

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.