Examples of Written Line in a sentence
No variation to the Insurer's Written Line of the Platform Contract shall be deemed accepted and binding on the Insurer until the Broker (having offered a variation to the Written Line) receives a Message on the Platform confirming that the Insurer accepts the variation to the Written Line.
Where a Broker has sent a Message containing a Firm Order Acceptance, the Insurer shall thereafter send a Message confirming its Written Line on the terms of the Platform Contract that has been agreed.
Note that the Written Line is set to 0% and the status is Cancelled.
Reinsurer and Reference: QBE Reinsurance Syndicate 566 Written Line: First Layer: 15% Final Signed Line: First Layer: 15% Reinsurer and Reference: US Casualty Aspen Insurance UK Ltd.
By executing this Agreement and returning a fully executed copy hereof to the Corporation at the address specified in section 11, the Advisory Director (i) acknowledges receipt of this Agreement and agrees to be bound by the terms and conditions of this Agreement and (ii) acknowledges receipt of the Prospectus dated September 30, 1998 pursuant to which shares of Common Stock which may be acquired upon exercise of options are being offered.
If the Underwriter accepts the Cancellation Request: Their Written Line is set to zero on the platform; Their line status is set to ‘Cancelled’ on the security pages for the original placement; Their new participation is shown against the new placement.
If the Underwriter accepts the Cancellation Request: Their Written Line is set to zero on the platform; They are no longer on cover and do not appear on contract security pages and; The Broker is able to send the same Carrier another Firm Order request with the same or a new stamp via the Add / Remove Underwriter action.
If the Underwriter accepts the Cancellation Request: Their Written Line is set to zero on the platform; Their line status is set to ‘Cancelled’ on the security pages; The Broker is able to re-use the UMR specified on the cancelled placement again.