Reinsurance Premiums Ceded definition

Reinsurance Premiums Ceded means, for any Insurance Subsidiary, for any period, the amount as shown on Schedule F -Part 3, column 1 of the Annual Statement of such Insurance Subsidiary, or an amount determined in a manner consistent for any period other than one for which an Annual Statement is prepared.
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Examples of Reinsurance Premiums Ceded in a sentence

  • Table 4Exposure to Top 10 Reinsurers by Total Reinsurance Premiums Ceded In respect of General Business for the Accounting Period ended 31 Dec YYYY Rank 1 If the reinsurance counterparty is a branch, please indicate accordingly eg.

  • Table 1Total Reinsurance Premiums Ceded In respect of Life Business for the Accounting Period ended 31 Dec YYYY Type of Business1 1 Please specify :Individual Life (this would cover mortality/morbidity/accidental risks) Group Life (this would cover mortality/morbidity/accidental risks) Individual HealthGroup HealthAppendix B (Life Business) Instructions for completion of Table 2Please provide the following information for the immediately preceding accounting period.

  • Table 1Total Reinsurance Premiums Ceded In respect of General Business for the Accounting Period ended 31 Dec YYYY Appendix A (General Business) Instructions for completion of Table 2 Please provide the following information for the immediately preceding accounting period.

  • Column 6 – Reinsurance Premiums Ceded Column 7 – Reinsurance Recoverable on Paid Losses Column 8 – Reinsurance Recoverable on Paid LAEColumn 9 – Reinsurance Recoverable on Known Case Loss Reserves Column 10 – Reinsurance Recoverable on Known Case LAE Reserves Column 11 – Reinsurance Recoverable on IBNR Loss Reserves Column 13 – Reinsurance Recoverable on Unearned PremiumsColumn 14 – Contingent CommissionsInclude: Contingent commissions receivable from a reinsurer.

  • The Company records its share of income (or expense) from these assets, when reported by the syndicates, in its statements of operations under the caption “Other income (expense).” Reinsurance Premiums Ceded The Company reduces the risk of future losses on business assumed by reinsuring certain risks and exposures with other reinsurers (referred to as “retrocessionaires”).

  • GroenLinks spends 8 billion euros less compared with the baseline.

  • Table 1Total Reinsurance Premiums Ceded In Respect of Life Businessfor the Accounting Period ended 31 Dec YYYY Type of Insurance Fund1 1 Participating, Non-Participating, or Linked Fund.

  • Table 1Total Reinsurance Premiums Ceded In respect of General Businessfor the Accounting Period ended 31 Dec YYYY Appendix A Instructions for completion of Table 2Please provide the following information for the immediately preceding accounting period.If your company has a different retention in respect of per risk and per event for a specific line of business, please specify both as illustrated below.

  • Reinsurance Premiums Ceded 2.1 General insurance business2.2 Long-Term Insurance business2.3 Total reinsurance premiums ceded (sum of items 2.1 and 2.2) 3.

  • Table 1Total Reinsurance Premiums Ceded In respect of General Business for the Accounting Period ended 31 Dec YYYY Appendix A (General Business) Instructions for completion of Table 2Please provide the following information for the immediately preceding accounting period.

Related to Reinsurance Premiums Ceded

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • Insurance Rent the sums described in paragraph 1.1 of Schedule 4; “Insured Risks” the risks of fire (including subterranean fire), lightning, explosion, storm, flood, subsidence, landslip, heave, earthquake, burst or overflowing water pipes, tanks or apparatus, impact by aircraft or other aerial devices and any articles dropped from them, impact by vehicles, terrorism, riot, civil commotion and malicious damage to the extent, in each case, that cover is generally available on normal commercial terms in the UK insurance market at the time the insurance is taken out, and any other risks against which the Landlord reasonably insures from time to time, subject in all cases to any excesses, limitations and exclusions imposed by the insurers;20

  • Premiums means premiums, considerations, deposits and similar receipts with respect to the Policies or Post-Closing Policies.

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Insurance Expenses means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the Customary Servicing Practices or (iii) representing other related expenses incurred by the Servicer that are not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under any applicable Servicer Basic Documents.

  • Special Hazard Loss Coverage Amount With respect to the first Distribution Date, $5,000,000. With respect to any Distribution Date after the first Distribution Date, the lesser of (a) the greatest of (i) 1% of the aggregate of the principal balances of the Mortgage Loans, (ii) twice the principal balance of the largest Mortgage Loan and (iii) the aggregate of the principal balances of all Mortgage Loans secured by Mortgaged Properties located in the single California postal zip code area having the highest aggregate principal balance of any such zip code area and (b) the Special Hazard Loss Coverage Amount as of the Closing Date less the amount, if any, of Special Hazard Losses allocated to the Certificates since the Closing Date. All principal balances for the purpose of this definition will be calculated as of the first day of the calendar month preceding the month of such Distribution Date after giving effect to Scheduled Payments on the Mortgage Loans then due, whether or not paid.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Insured Expenses Expenses covered by an Insurance Policy or any other insurance policy with respect to the Mortgage Loans.

  • Net Insurance/Condemnation Proceeds means an amount equal to: (a) any Cash payment or proceeds (including Cash Equivalents) received by the Borrower or any of its Restricted Subsidiaries (i) under any casualty insurance policy in respect of a covered loss thereunder of any assets of the Borrower or any of its Restricted Subsidiaries or (ii) as a result of the taking of any assets of the Borrower or any of its Restricted Subsidiaries by any Person pursuant to the power of eminent domain, condemnation, expropriation or otherwise, or pursuant to a sale of any such assets to a purchaser with such power under threat of such a taking, minus (b) (i) any actual out-of-pocket costs incurred by the Borrower or any of its Restricted Subsidiaries in connection with the adjustment, settlement or collection of any claims of the Borrower or the relevant Restricted Subsidiary in respect thereof, (ii) payment of the outstanding principal amount of, premium or penalty, if any, and interest and other amounts on any Indebtedness (other than the Loans, Indebtedness outstanding with respect to the Second Lien Term Loans and any Indebtedness secured by a Lien on the Collateral that is pari passu with or expressly subordinated to the Lien on the Collateral securing any Secured Obligation) that is secured by a Lien on the assets in question and that is required to be repaid or otherwise comes due under the terms thereof as a result of such loss, taking or sale, (iii) in the case of a taking, the reasonable out-of-pocket costs of putting any affected property in a safe and secure position, (iv) any selling costs and out-of-pocket expenses (including reasonable broker’s fees or commissions, legal fees, transfer and similar Taxes and the Borrower’s good faith estimate of income or other Taxes paid or payable (including pursuant to Tax sharing arrangements or any Tax distribution)) in connection with any sale or taking of such assets as described in clause (a) of this definition, (v) any amounts provided as a reserve in accordance with GAAP against any liabilities under any indemnification obligation or purchase price adjustments associated with any sale or taking of such assets as referred to in clause (a) of this definition (provided that to the extent and at the time any such amounts are released from such reserve (other than in connection with a payment in respect of such liability), such amounts shall constitute Net Insurance/Condemnation Proceeds) and (vi) the pro rata portion of such Net Insurance/Condemnation Proceeds (calculated without regard to this clause vi) attributable to minority interests and not available for distribution to or for the account of the Borrower and the Restricted Subsidiaries as a result thereof.

  • Annuity Payments The series of payments made to the Owner or any named payee after the Annuity Date under the Annuity Option selected. ANNUITY PERIOD: The period of time beginning with the Annuity Date during which Annuity Payments are made.

  • Insurance Amount has the meaning set forth in Section 6.11(c).

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • Insurance carrier means every insurance carrier duly

  • Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building. If the parties insert a dollar amount in Paragraph 1.9, such amount shall be considered the "BASE PREMIUM." If a dollar amount has not been inserted in Paragraph 1.9 and if the Building has been previously occupied during the twelve (12) month period immediately preceding the Commencement Date, the "Base Premium" shall be the annual premium applicable to such twelve (12) month period. If the Building was not fully occupied during such twelve (12) month period, the "Base Premium" shall be the lowest annual premium reasonably obtainable for the Required Insurance as of the Commencement Date, assuming the most nominal use possible of the Building. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under Paragraph 8.2(b).

  • Cumulative Insurance Payments As defined in the Series Supplement.

  • Tax and Insurance Escrow Fund shall have the meaning set forth in Section 7.2 hereof.

  • Bond Insurance Policy means the municipal bond insurance policy, if any, issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds and constitutes a Bond Facility under the Indenture.