Inuring Reinsurance definition
Inuring Reinsurance means any reinsurance agreement under which any portion of the Business Reinsured is ceded to a reinsurer other than the Reinsurer, including, as of the Effective Date, those reinsurance agreements listed on Schedule A-1, but excluding any reinsurance under which the Ceding Company cedes a quota share of any contracts included in the Structured Settlement Business, Terminal Funding Business or the Variable Annuity Business, which reinsurance includes, as of the Effective Date, those reinsurance agreements listed on Schedule A-2.
Inuring Reinsurance means all reinsurance agreements, treaties and contracts, including any renewals or extensions thereof, to the extent such reinsurance agreements, treaties and contracts provide reinsurance coverage for the Insurance Contracts.
Inuring Reinsurance means Outward Reinsurance as defined in the Services Agreement.
Examples of Inuring Reinsurance in a sentence
For the avoidance of doubt, the reinsurance hereunder shall be effected as if there are no ceded reinsurance agreements of the Ceding Company other than the PLA Affiliate Reinsurance Agreement, the Inuring Reinsurance, this Agreement and the Retrocession Agreement.
More Definitions of Inuring Reinsurance
Inuring Reinsurance means all reinsurance and retrocession agreements, treaties and contracts, including any renewals or extensions thereof, whereby the Company ceded or retroceded losses under the Covered Contracts to third parties (other than Partner LTD) (the “Inuring Reinsurers”), to the extent such reinsurance or retrocession agreements, treaties and contracts provide reinsurance coverage for losses thereunder.
Inuring Reinsurance means the outwards reinsurance with respect to the Subject Business as presented in the bid template and data contained in the Data Room and includes the Deemed Inuring Reinsurance as if still in place; provided that “Inuring Reinsurance” shall not include any reinsurance that is only between the Retrocedent and an Affiliate of the Retrocedent.
Inuring Reinsurance means all rights, offsets and recoveries under reinsurance agreements between Highlands and third party reinsurers relating to the Subject Portfolio.
Inuring Reinsurance means, excluding the reinsurance provided under this Agreement, the amounts paid to the Reinsured under all outwards reinsurance contracts or treaties providing coverage in respect of the Subject Business in effect as at the On Risk Date, as administered in accordance with Schedule 3.
Inuring Reinsurance means all reinsurance and retrocessional treaties and agreements pursuant to which the Beneficiary ceded any reinsurance to third parties on or prior to the Effective Date.
Inuring Reinsurance means reinsurance and other risk transfer or risk mitigation mechanisms or arrangements entered into by the Ceding Company with respect to Losses under the Business Reinsured, including catastrophe bonds, industry loss warranties, and similar mechanisms and arrangements that inure to the mutual benefit of the Ceding Company and the Reinsurer in the same proportion as their respective interests in the Business Reinsured as a result of this Agreement.
Inuring Reinsurance has the meaning set forth in the LPT and Quota Share Reinsurance Agreement.