Insurer Deductible definition

Insurer Deductible means, for the period beginning on January 1, 2021, and ending on December 31, 2027, an amount equal to 20% of our direct earned premiums during the immediately preceding calendar year.

Insurer Deductible means, for the period beginning on January 1, 2–0–0–8– 2015, and ending on December 31, –20–1–4– 2020, an amount equal to 20% of our direct earned premiums, o––ve––r –t–he– –ca––le–n––da––r –y–e–a–r during the

Insurer Deductible means, for the period beginning on January 1, –0–0–8 2015, and ending on December

Examples of Insurer Deductible in a sentence

• If the aggregate industry Insured Losses occurring in any calendar year exceed $200,000,000, the United States Government would pay 80% of our Insured Losses that exceed our Insurer Deductible.

• Insurer Deductible After the Secretary certifies one or more acts of terrorism, two prerequisites must be met before an insurer is eligible for payments from Treasury under the Program: the insurer’s losses must exceed its deductible (as defined under the Program), and the Program Trigger must be satisfied.

• Insurer Deductible After the Secretary certifies one or more acts of terrorism, two prerequisites must be met before an insurer is eligible for payments from Treasury under the Program: (1) the insurer’s losses must exceed its deductible (as defined under the Program), and (2) the Program Trigger must be satisfied.

• Insurer Deductible Two pre-requisites must be met before an insurer is eligible for payments from Treasury under the Program: the insurer’s losses must exceed its deductible, and the Program Trigger must be satisfied.

• If aggregate Insured Losses exceed $100,000,000,000 in a P––ro–g––ra–m– Y–e–a––r calendar year and if we have met our Insurer Deductible, we may not be liable for the payment of any portion of the amount of Insured Losses that exceeds $100,000,000,000; and for aggregate Insured Losses up to $100,000,000,000, we may only have to pay a pro rata share of such Insured Losses as determined by the Secretary of the Treasury.

More Definitions of Insurer Deductible

Insurer Deductible shall have the meaning set forth in Section 102 of TRIA.

Insurer Deductible means, for the period beginning on January 1, 2008 2015, and ending on December 31, 2014 2020, an amount equal to 20% of our direct earned premiums, over the calendar year during the immediately preceding calendar year. the applicable Program Year.

Insurer Deductible means, for the period beginning on January 1, 2008, and ending on December 31, 2014, an amount equal to 20% of our direct earned premiums, over the calendar year immediately preceding

Insurer Deductible and "Insurer" as utilized herein shall follow the definitions as provided in the Act.

Insurer Deductible means for the period beginning on January 1, 2015 and ending on December 31, 2020, an amount equal to 20% of our direct earned

Insurer Deductible means the amount of the insurer’s direct earned premiums in TRIPRA-eligible lines of business for the previous calendar year. For losses in excess of the insurer deductible, each insurer is also required to cover a pro-rata share of the losses.

Insurer Deductible means the value of the insurer’s direct