Renaissance Re definition

Renaissance Re means Renaissance Reinsurance Ltd., a Bermuda company and wholly-owned Subsidiary of the Borrower.
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Examples of Renaissance Re in a sentence

  • Not permit Renaissance Re Net Worth to be less than an amount equal to the Required Renaissance Re Net Worth.

  • RUM, a subsidiary of Renaissance Re Holdings Ltd ("Renaissance"), and the Company have entered into an Agreement whereby RUM will from time to time provide referrals of treaty and facultative reinsurance contracts to the Company for compensation as outlined herein.

  • This Interest Credit article will apply to all Subject Business included in this Agreement as listed in EXHIBIT A, the "Renaissance Re Group Business", EXHIBIT B and EXHIBIT B PRIME, the "Directed Business", and RUM will have the right to calculate a quarterly Interest Credit on the funds held by the Company in respect of the applicable Subject Business.

  • Renaissance Re shall have a Financial Strength Rating of “A+” or higher with a “stable” outlook.

  • The initial Required Renaissance Re Net Worth shall be $1,080,000,000.

  • Peer group includes: ACE, Arch Capital, Axis Capital, Endurance Specialty, Everest Re, IPC Holdings, Max Re, Montpelier Re, PartnerRe, Platinum Underwriters, Renaissance Re and XL Capital.

  • On the date that financial statements of Renaissance Re are delivered pursuant to Section 6.1(a)(ii) and effective as of the date of such financial statements, the Required Renaissance Re Net Worth will be recalculated to be the greater of (x) the Required Renaissance Re Net Worth in effect immediately prior to such Fiscal Year end and (y) 60% of the RenaissanceRe Net Worth as of such Fiscal Year end, with such recalculated Required Renaissance Re Net Worth taking effect as of such Fiscal Year end.

  • Berkley, Hiscox, Beazley, Lancashire; peers for Reinsurance include Everest Re, Axis Capital, and Renaissance Re; (2) Willis Towers Watson’s Marketplace Realities Spring Update published on 4/28/2023.

  • Berkley, Hiscox, Beazley, Lancashire, Everest Re, Axis Capital and Renaissance Re. (2) Operating ROAE for FIHL is a non-US GAAP financial measure and is calculated as operating net income divided by adjusted average common shareholders’ equity.

  • Copies of the financial statements referred to in Section 5.3 and the audited consolidated balance sheet of Renaissance Re and its Subsidiaries, as of December 31, 2011 and the related consolidated statements of income, cash flows and changes in shareholders’ equity for the Fiscal Year ending as of the close of such date, all prepared in accordance with GAAP (except as disclosed therein), all in form and substance satisfactory in all respects to the Administrative Agent.

Related to Renaissance Re

  • Renaissance zone means that area designated a renaissance zone under the Michigan renaissance zone act, 1996 PA 376, MCL 125.2681 to 125.2696.

  • NP or ‘’ means a net position of a bidding zone, which is the net value of generation and consumption in a bidding zone;

  • o GENERAL HOSPITAL means a hospital that is designed to care for medical and surgical patients with acute illness or injury.

  • Marriott means Marriott International, Inc., a Delaware corporation.

  • Gateway means the BT electronic gateway, used for all ordering or fault reporting as described in the relevant section of the Handbook;

  • CREST means the system for the paperless settlement of trades and the holding of uncertificated securities operated by EUI in accordance with the Uncertificated Regulations, as amended from time to time.

  • Travelling Companion means an individual or individuals travelling with the Insured/Insured Person, provided that, the Insured and such individual(s) are travelling to the same destination and on the same date and such individual(s) is/are also insured under this Policy. For the purpose of this definition, any individual(s) forming part of a group travelling on a tour arranged by a Travel Agent or a tour operator shall not be considered as Travelling Companion, unless the individual(s) is/are part of the family of the Insured/Insured Person.

  • Club means a club for the time being in membership of the Competition.

  • Rural hospital means a hospital that meets both of the following:

  • General hospital means a subclass of hospital that provides surgical services and emergency services.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Campus means any place where the college conducts or sponsors educational, public service, or research activities.

  • Hospitality means the considerate care of guests, which may include refreshments, accommodation and entertainment at a restaurant, hotel, club, resort, convention, concert, sporting event or other venue such as Company offices, with or without the personal presence of the host. Provision of travel may also be included, as may other services such as provision of guides, attendants and escorts; use of facilities such as a spa, golf course or ski resort with equipment included;

  • LLC means Limited Liability Company.

  • pH means the logarithm of the reciprocal of the weight of hydrogen ions in grams per liter of solution.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Distribution center means a building or structure used primarily for the storage of goods which are intended for subsequent shipment to retail outlets. Distribution center does not mean a building or structure used primarily to store raw agricultural products, used primarily by a manufacturer to store goods to be used in the manufacturing process, used primarily for the storage of petroleum products, or used for the retail sale of goods.

  • ESMP means an environmental and social management plan (including any pest management plan), acceptable to the Association and consistent with the ESMF, adopted for the purposes of a Micro-project, and giving details of the magnitude of the environmental impacts, as well as the specific actions, measures and policies designed to facilitate the achievement of the objective of the ESMF under the Micro-project, including the budget and cost estimates, and sources of funding, along with the institutional and procedural measures needed to implement such actions, measures and policies, as such ESMP may be amended form time to time with the prior written agreement of the Association.

  • LPN means licensed practical nurse.

  • Asset management means a systematic process of operating and maintaining the state system of

  • Kindergarten means a kindergarten program that conforms to the standards and rules

  • Greenfield means land not developed beyond agricultural, range, or forestry use.

  • Village means a village specified by the Governor by public notification to be a village for the purposes of this Part and includes a group of villages so specified.

  • Operating Company has the meaning set forth in the preamble.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Corporate Finance Fee means the fee to be paid to the Agent by the Issuer in consideration of corporate finance and structuring services provided by the Agent;