Residual Policies Reinsurance Arrangement definition

Residual Policies Reinsurance Arrangement means a reinsurance arrangement implemented in respect of the Residual Policies pursuant to and in accordance with paragraph 6.1;
Residual Policies Reinsurance Arrangement means the reinsurance arrangement entered into between Phoenix and ReAssure described in paragraph 6.1 under which ReAssure will provide reinsurance to Phoenix in respect of the Residual Policies;
Residual Policies Reinsurance Arrangement means the reinsurance arrangement entered into between RLL and ReAssure described in paragraph 11.1 under which ReAssure will provide reinsurance to RLL in respect of the Residual Policies;

Examples of Residual Policies Reinsurance Arrangement in a sentence

  • The Parties may agree in writing to terminate the Residual Policies Reinsurance Arrangement at any time, and the Residual Policies Reinsurance Arrangement shall terminate automatically on the date which is six calendar months from the Transfer Date in the event that it has not been so terminated before then, any such termination being without prejudice to any rights and obligations which arose prior to the date of termination.

  • The consent of the Court or the Regulators shall not be required in relation to the amendment or termination of the Residual Policies Reinsurance Arrangement provided that such amendment or termination shall be in accordance with the provisions of paragraph6.

  • Results and Discussion The CP contents were very similar averaging 16.6% across diets (Table 1).

  • The Parties may agree in writing to amend the terms of the Residual Policies Reinsurance Arrangement in which event the provisions of this paragraph6 shall be deemed to be amended accordingly, provided always that such amendments shall not prejudice the interests of any policyholder of a Residual Policy.

  • Section 8.3 and 8.4 – provision of advice to the Board on wind up of any of the Linked Funds Section 11.2 and 11.3 – approval of an agreement to amend or terminate the Residual Policies Reinsurance Arrangement (as defined in the RLL 2016 Scheme).

  • The Parties may agree in writing to amend the terms of the Residual Policies Reinsurance Arrangement in which event the provisions of this paragraph 6 shall be deemed to be amended accordingly, provided always that such amendments shall not prejudice the interests of any policyholder of a Residual Policy.

  • The consent of the Court or the Regulators shall not be required in relation to the amendment or termination of the Residual Policies Reinsurance Arrangement provided that such amendment or termination shall be in accordance with the provisions of paragraph 6.


More Definitions of Residual Policies Reinsurance Arrangement

Residual Policies Reinsurance Arrangement means the reinsurance arrangement entered into between the Transferors and Guardian described in paragraph 6.1 under which Guardian will provide reinsurance to the relevant Transferor in respect of the Residual Policies;

Related to Residual Policies Reinsurance Arrangement

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • Reinsurance Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers, as reinsurers, assume liabilities under insurance policies or agreements issued by another insurance or reinsurance company or companies.

  • FHA Mortgage Insurance Contract means the contractual obligation of the FHA respecting the insurance of a Mortgage Loan.

  • 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;

  • Environmental Policy means to conserve energy, water, wood, paper and other resources, reduce waste and phase out the use of ozone depleting substances and minimise the release of greenhouse gases, volatile organic compounds and other substances damaging to health and the environment, including any written environmental policy of the Customer;

  • Tax Protection Agreement means, collectively, (a) that certain Tax Protection Agreement, dated as of October 7, 2013 among the Parent, the Borrower, and the other parties named therein and (b) that certain Stockholders Agreement, dated as of August 23, 2016 among Parent and Q REIT Holding LLC, and the other parties named therein (and specifically, the tax related provisions in Article 6 thereof).

  • Insurance Administration means, with respect to each Shared Policy, the accounting for premiums, retrospectively-rated premiums, defense costs, indemnity payments, deductibles and retentions, as appropriate, under the terms and conditions of each of the Shared Policies; and the reporting to excess insurance carriers of any losses or claims which may cause the per-occurrence, per claim or aggregate limits of any Shared Policy to be exceeded, and the distribution of Insurance Proceeds as contemplated by this Agreement.

  • Insurance Affordability Program means a program that is one of the following:

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • National Flood Insurance Program means the program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as revised by the National Flood Insurance Reform Act of 1994, that mandates the purchase of flood insurance to cover real property improvements located in Special Flood Hazard Areas in participating communities and provides protection to property owners through a Federal insurance program.

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

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Closing protection letter means an agreement by the division to indemnify a lender or owner or both for loss caused by a division closer’s theft of settlement funds or failure to comply with written closing instructions relating to title certificate coverage when agreed to by the division closer.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • Flood Insurance Study (FIS means an examination, evaluation, and determination of flood hazards, corresponding water surface elevations (if appropriate), flood hazard risk zones, and other flood data in a community issued by the FEMA. The Flood Insurance Study report includes Flood Insurance Rate Maps (FIRMs) and Flood Boundary and Floodway Maps (FBFMs), if published.

  • Medicare supplement policy means a group or individual policy of [accident and sickness] insurance or a subscriber contract [of hospital and medical service associations or health maintenance organizations], other than a policy issued pursuant to a contract under Section 1876 of the federal Social Security Act (42 U.S.C. Section 1395 et. seq.) or an issued policy under a demonstration project specified in 42 U.S.C. § 1395ss(g)(1), which is advertised, marketed or designed primarily as a supplement to reimbursements under Medicare for the hospital, medical or surgical expenses of persons eligible for Medicare. “Medicare supplement policy” does not include Medicare Advantage plans established under Medicare Part C, Outpatient Prescription Drug plans established under Medicare Part D, or any Health Care Prepayment Plan (HCPP) that provides benefits pursuant to an agreement under §1833(a)(1)(A) of the Social Security Act.

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • 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.

  • R&W Policy means that certain representations and warranties insurance policy issued by the R&W Insurer to the Buyer.