Year of Account means an underwriting year of account as defined in Lloyd’s Regulations.

Year of Account means a Xxxxx'x underwriting year of account.

Year of Account means, in relation to a licensee, his financial year;

Examples of Year of Account in a sentence

This is charged to the Syndicate as incurred but does not become payable until after the appropriate Year of Account closes, normally at 36 months.
Underwriting Members of Syndicate 53 at Lloyds for 1998 Year of Account, 618 F.3d 277, 287 (3d Cir.
Year of Account allocation is based on the inception and expiry dates that the contract relates to.
Losses that occur during the length of the contract could relate to the current, prior or following Year of Account, therefore an allocation to Year of Account is applied to this type of policy.
Two Pennsylvania insurers, Legion Insurance Company and Villanova Insurance Company (collectively, the “primary insurers”), entered into reinsurance treaties1 with the Underwriting Members of Syndicate 53 at Lloyd’s for the 1998 Year of Account (the “reinsurers”).2 The primary insurers are now in liquidation, and they are represented in these actions by their statutory liquidator, Joel S.

More Definitions of Year of Account

Year of Account means, in relation to a licensee, his financial years;

Year of Account in relation to a scheme means a calendar year.

Year of Account means a year which is accounted for as a separate underwriting venture of a syndicate under Lloyd’s system of account

Year of Account means any period required by Article 49 to be included in an annual return of the credit union.

Year of Account means the twelve months for which the accounts of the Companies are made up pursuant to the provisions of this Proclamation.

Year of Account means the year in which an insurance or reinsurance contract that is underwritten by a syndicate is allocated for accounting purposes and into which all premiums and claims arising in respect of that contract are payable.