XL Insurance definition

XL Insurance means XL Insurance (Bermuda) Ltd, a company organised under the laws of Bermuda;

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XL Insurance means X.L. Insurance Company, Ltd., a Bermuda limited liability corporation.

XL Insurance means XL Insurance Company, Ltd., a corporation ------------ duly organized and validly existing under the laws of Bermuda, all of whose capital stock is owned by EXEL.

Examples of XL Insurance in a sentence

• No Account Party will become subject to a Private Act other than the X.L. Insurance Company, Ltd.

• Each of XL Insurance Ltd and XL Re Ltd (together, the "Guarantors") hereby agrees to be jointly and severally liable together with the Company, for the performance of all obligations and duties, and the payment of all amounts, due to the Executive under this Agreement.

• Each of XL Insurance Ltd and XL Re Ltd (together, the “Guarantors”) hereby agrees to be jointly and severally liable together with the Company, for the performance of all obligations and duties, and the payment of all amounts, due to the Executive under this Agreement.

• No Obligor will become subject to a Private Act other than the X.L. Insurance Company, Ltd.

• Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flows of such Account Party and its respective consolidated Subsidiaries as of such dates and for such periods in accordance with GAAP or (in the case of XL Insurance or XL Re) SAP, subject to year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (B) of the first sentence of this paragraph.

• No Borrower will become subject to a Private Act other than the X.L. Insurance Company, Ltd.

• None of XL Insurance (Bermuda), XL Re and XL Re Europe will permit at any time its financial strength ratings to be less than “A-” from A.M. Best & Co. (or its successor), except (i) as a result of a merger permitted by Section 7.01 where the surviving corporation has a financial strength rating not less than “A-” from A.M. Best & Co. (or its successor) or (ii) in the event that A.M. Best & Co (or its successor) ceases to rate such company.

• In the event that XL Insurance (Bermuda), XL Re or XL Re Europe ceases to receive a financial strength rating from A.M. Best & Co. (or its successor), such Account Party shall no longer be entitled to request the issuance of further Letters of Credit hereunder.

• XL Capital will maintain at all times a claims-paying rating of at least "A" from A.M. Best & Co. (or its successor) and XL Insurance and XL Re will maintain at all times a rating of at least "A" from Standard & Poor's Rating Services (or its successor).

• If to Company: XL Insurance (Bermuda) Ltd XL House, One Bermudiana Road Hamilt▇▇ ▇▇ ▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇: ▇▇▇▇▇▇▇▇▇: Fax: or to such other address as a Party shall have designated by notice in writing to the other Party in the manner provided by this clause 22.1.

More Definitions of XL Insurance

XL Insurance or “XLI” means the global insurance business segment of the XL Group; “XL Personnel” means the directors, employees, agents, contractors, sub-contractors or suppliers of the members of the XL Group and any other parties acting on behalf of any other member of the XL Group; Commercial-in-Confidence 9 OPERATIONAL TRANSFORMATION SERVICES AGREEMENT XL OT Programme Accenture

XL Insurance has the meaning set forth in the preamble hereof.

XL Insurance means XL Insurance Company SE, a European company domiciled in the United Kingdom.

XL Insurance s Actuary" means Tillinghast-Towers Perrin or an internationally recognised actuarial firm designated by XL Insurance; and

XL Insurance s Solicitors" means Clifford Chance Limited Liability Partnership of 200 Aldersgate Street, London EC1A 4JJ.

XL Insurance means XL Specialty Insurance Company.