Insurance Company Subsidiary definition

Insurance Company Subsidiary means any of the Insurance Company Subsidiaries as defined in the U.S. Facility Agreement.
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Insurance Company Subsidiary means any Subsidiary of the Guarantor or the Company that is a licensed insurance carrier.
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Insurance Company Subsidiary means each of SRUS, SRD and SRLB.
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Examples of Insurance Company Subsidiary in a sentence

  • AFI MHC has made available for inspection by MSA Holdings: (i) any reports of examination (including financial, market conduct and similar examinations) of the AFI Insurance Company Subsidiaries issued by any insurance regulatory authority, in any case, since January 1, 2015; and (ii) all filings or submissions made since January 1, 2015 to the date hereof by any AFI Insurance Company Subsidiary with any insurance regulatory authority pursuant to the insurance holding company Laws of applicable states.

  • There are no unpaid claims and assessments against any AFI Insurance Company Subsidiary whether or not due, by any state insurance guaranty association (in connection with that association’s fund relating to insolvent insurers), joint underwriting association, residual market facility or assigned risk pool.

  • Each AFI Insurance Company Subsidiary that has redomesticated since January 1, 2015 and prior to the Closing has done so in accordance with all applicable Law and such redomestication is effective and valid.

  • Each AFI Insurance Company Subsidiary has paid in full or properly reserved for all guaranty fund and residual market assessments required by any Governmental Entity to be paid by such AFI Insurance Company Subsidiary.

  • Section 5.21.1 of the AFI Disclosure Schedule sets forth, as of the date hereof, a true and correct list of each jurisdiction in which each AFI Insurance Company Subsidiary is licensed or authorized to do business as an insurance company.

  • Permit any withdrawals of capital from the Insurance Company Subsidiary, except for excess balances over and above the greater of (I) the amount of Cash and investments required to be held for insurance company reserves and surplus at the Insurance Company Subsidiary and (ii) the amount necessary to comply with Section 2.1(b)(i) of this Agreement.

  • Notwithstanding the foregoing, an application for the Insurance Company Subsidiary is still pending before the New York State Insurance Department.

  • Borrower shall cause the Insurance Company Subsidiary to maintain statutory capital and surplus at all times of not less than the greater of (i) required by the Insurance Company Subsidiary or (ii) 110% of the highest capital and surplus required in any state in which the Insurance Company Subsidiary is licensed.

  • If the aggregate amount of the outstanding Advances exceeds the lesser of (i) the Revolving Line or (ii) the total amount of Cash and securities held by the Insurance Company Subsidiary at any time, Borrowers shall immediately pay to Bank, in cash, the amount of such excess.

  • Bank acknowledges that the Insurance Company Subsidiary is restricted from maintaining more than 10% of its capital and surplus at any one financial institution.


More Definitions of Insurance Company Subsidiary

Insurance Company Subsidiary means American Pet Insurance Company, Inc., a Delaware corporation and a wholly owned subsidiary of Parent.
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Insurance Company Subsidiary means any Subsidiary domiciled in the United States of America (including the District of Columbia) and its territories and possessions or any State thereof and licensed or authorized to do an insurance business in any of the foregoing.
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Insurance Company Subsidiary means a Subsidiary of the Borrower which is a licensed insurance company, including Evanston Insurance Company, Xxxxxx American Insurance Company, Essex Insurance Company, Xxxxxx Insurance Company and Investors Insurance Company of America.
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Insurance Company Subsidiary means a Subsidiary of Mutual Risk which is a licensed insurance company.
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Insurance Company Subsidiary means each of Pacific Specialty Insurance Company, a California-domiciled stock insurer, and Pacific Specialty Property and Casualty Company, a Texas-domiciled stock insurer.
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Related to Insurance Company Subsidiary

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

  • Company Subsidiary means any Subsidiary of the Company.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Parent Subsidiary means any Subsidiary of Parent.

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

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

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

  • Sponsored captive insurance company means a captive insurance company:

  • Captive insurance company means a pure captive insurance company, association captive insurance company, captive reinsurance company, sponsored captive insurance company, special purpose captive insurance company, or industrial insured captive insurance company formed or licensed under this chapter. For purposes of this chapter, a branch captive insurance company must be a pure captive insurance company with respect to operations in this State, unless otherwise permitted by the director.

  • Parent Subsidiaries means the Subsidiaries of Parent.

  • Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.

  • Title Insurance Company as defined in Section 5.1(l).

  • Seller Subsidiaries means the subsidiary partnerships of the McNeil Partnerships listed on Annex G to this Agreement (the "Subsidiary Partnerships") and the subsidiary corporations listed on Annex F to this Agreement (the "Subsidiary Corporations") which hold GP Interests in certain of the Subsidiary Partnerships.

  • Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Insurance Subsidiaries means, collectively, MGMM Insurance Company, a Nevada corporation and any Subsidiaries formed for the purpose of facilitating and providing insurance coverage and claims services for the Company and its Subsidiaries.

  • Insurance Subsidiary means any Subsidiary that is licensed by any Applicable Insurance Regulatory Authority to conduct, and conducts, an Insurance Business.

  • Companies means Borrower and its Subsidiaries; and “Company” shall mean any one of them.

  • Captive Insurance Subsidiary means any Subsidiary of the Borrower that is subject to regulation as an insurance company (or any Subsidiary thereof).

  • Pure captive insurance company means a company that

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Insurance Regulator any Person charged with the administration, oversight or enforcement of any Insurance Regulation.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Health care entity means any health care provider, health plan or health care clearinghouse.

  • Company has the meaning set forth in the Preamble.