Insurance Assets definition

Insurance Assets means sums payable to the insured under an insurance policy, including, any gross unearned premiums and any payment on account of loss which results in a reduction of unearned premium with respect to the underlying policy.
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Insurance Assets means Regulated Insurance Assets of an Insurance Subsidiary and Insurance Holdings.
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Insurance Assets means and includes (i) all premiums attributable or referable to Life Insurance Policies; (ii) any direct debit mandate, standing order or other instruction in force on the Effective Date, providing for the payment by a bank or other intermediary of premiums or other amounts to Max Life under or in respect of any Life Insurance Policies (iii) rights, benefits and powers under or by virtue of the Life Insurance Policies; (iv) any proposals for insurance not yet accepted and any offer or invitation for insurance made by Max Life; (v) the Shareholder’s Fund pertaining to Max Life; (vi) the Policyholders’ Fund pertaining to Max Life (vii) entitlement of Max Life to carry out in any capacity, including as trustee, any activity in connection with or for the purposes of the Life Insurance Undertaking and (viii) any other rights and entitlement of Max Life pertaining to the Life Insurance Policies;
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Examples of Insurance Assets in a sentence

  • The Reorganized Debtors shall cooperate with the Asbestos Personal Injury Trust and use commercially reasonable efforts to take or cause to be taken all appropriate actions and to do or cause to be done all things necessary or appropriate to effectuate the transfer of the OC Asbestos Personal Injury Liability Insurance Assets to the Asbestos Personal Injury Trust for allocation to the OC Sub-Account.

  • The Reorganized Debtors shall cooperate with the FB Asbestos Property Damage Trust and use commercially reasonable efforts to take or cause to be taken all appropriate actions and to do or cause to be done all things necessary or appropriate to effectuate the transfer of the FB Asbestos Property Damage Insurance Assets to the FB Asbestos Property Damage Trust.

  • On the later of the Effective Date and the date by which the FB Asbestos Property Damage Trustee has executed the FB Asbestos Property Damage Trust Agreement, or as soon as practicable thereafter, the Reorganized Debtors shall transfer and assign, or cause to be transferred and assigned, the FB Asbestos Property Damage Insurance Assets to the FB Asbestos Property Damage Trust.

  • Recapture shall be deemed to occur upon the receipt by Cedent of such invested assets, cash and Cash Equivalents and such General Account Other Insurance Assets, free of all liens or other encumbrances.

  • Upon receipt of the match, a Notice to Withhold Insurance Assets is sent to the insurance company, the obligor, OCSE, and the noncustodial parent’s attorney.

  • The FB Asbestos Property Damage Trust is funded with the FB Asbestos Property Damage Insurance Assets, consisting primarily of rights to insurance recoveries under liability insurance policies issued to Fibreboard for FB Asbestos Property Damage Claims and identified in Schedule XV to the Plan.

  • The Asbestos Insurance Assets shall be held in and administered by the Asbestos Insurance Assets Trust for the benefit of the DIP Lenders as the DIP Lenders’ Collateral.

  • The Tort Claims Trust shall be funded with the following: (a) the right to 12% of the proceeds of the Anadarko Litigation, in accordance with the Anadarko Litigation Trust Agreement, (b) the Funded Tort Claims Trust Amount and (c) the Tort Claims Insurance Assets.

  • David Cummins625 New Gulph Road Bryn Mawr, PA 19104 Phone: 610-520-9790Fax: 610-520-9690Email: cummins@wharton.upenn.eduSecuritization of Life Insurance Assets and Liabilities By J.

  • Dow Corning and Dow Chemical agree to contribute certain Shared Insurance Assets to the Trust.


More Definitions of Insurance Assets

Insurance Assets means, collectively, the Insurance Coverage, Insurance Recoveries, Insurance Actions, Insurance Policies for TCE Claims and Insurance Rights.
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Insurance Assets means the assets, properties, Contracts (other than Excluded Contracts) and rights owned or primarily used or held for use in the operation of the Insurance Business, including, without limitation, all expirations, receivables and prepaid amounts relating thereto.
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Insurance Assets means rights, property and assets vested in the Commonwealth under section 38b or acquired by the Commonwealth as a result of the exercise of its powers under this Part.”.
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Insurance Assets means the assets associated with the Insurance Business which, together with the ATIS assets, are listed on Exhibit H hereto.
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Related to Insurance Assets

  • Insurance Amount has the meaning set forth in Section 6.12(b).

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • Insurance adjuster means a person who directs or conducts the investigation, negotiation, or settlement of a claim under an insurance policy other than life insurance or an annuity, on behalf of an insurer, policyholder, or a claimant under an insurance policy.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • 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.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Blanket insurance policy means a group policy covering a defined class of

  • Insurance group means the persons that comprise an insurance holding company system.

  • Insurance Account shall have the meaning set forth in Section 8.6 hereof.

  • Casualty insurance means liability insurance.

  • Property Insurance is defined in Section 6.10(a).

  • general insurance business means any class of insurance business other than long-term insurance business;

  • Insurance Authority means the Insurance Authority of Hong Kong established pursuant to section 4AAA of the Insurance Ordinance.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Insurance carrier means every insurance carrier duly

  • Asset Coverage means asset coverage, as determined in accordance with Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Trust which are stock, including all Outstanding Series B Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act as the minimum asset coverage for senior securities which are stock of a closed-end investment company as a condition of declaring dividends on its common stock), determined on the basis of values calculated as of a time within 48 hours (not including Saturdays, Sundays or holidays) next preceding the time of such determination.

  • Insurance Assignment each collateral assignment of insurance pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s rights under key-man life, business interruption or other insurance policies as Agent deems appropriate, as security for the Obligations.

  • Insurance Contracts means all contracts and policies of insurance and re-insurance maintained or required to be maintained by or on behalf of any Grantor under the Loan Documents.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Insurance and Condemnation Proceeds shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Insurance Add-On Amount means the premium charged to the Obligor in the event that the Servicer obtains Force-Placed Insurance pursuant to Section 4.4.

  • Company Insurance Policies has the meaning set forth in Section 4.15.