Insurance Liabilities definition

Insurance Liabilities means all claims, obligations, indemnities, losses or liabilities (and no others) arising under, in connection with, or with respect to, the Policies (other than, in all cases, Excluded Liabilities):

Insurance Liabilities means in relation to an insurance company, any debt due from or other liabilities of the company under any contract of insurance to which it is a party;

Insurance Liabilities means amounts calculated in accordance with Part IX of these Regulations in respect of those items shown at C and D under the heading “Liabilities” set out in paragraph 9 of Schedule 9A to the Companies Act 1985;

Examples of Insurance Liabilities in a sentence

• The Parties agree that the Contracts (Rights of Third Parties) Xxx 0000 (CRiTPA) shall apply to Clause 40 (Employment, Tax and National Insurance Liabilities) to the extent necessary that any Replacement Supplier shall have the right to enforce the obligations owed to, and indemnities given to, the Replacement Supplier by the Supplier under that Clause 40 (Employment, Tax and National Insurance Liabilities) in its own right pursuant to section 1(1) of CRiTPA.

• The Parties agree that the Contracts (Rights of Third Parties) Act 1999 (CRiTPA) shall apply to Clause 40 (Employment, Tax and National Insurance Liabilities) to the extent necessary that any Replacement Supplier shall have the right to enforce the obligations owed to, and indemnities given to, the Replacement Supplier by the Supplier under that Clause 40 (Employment, Tax and National Insurance Liabilities) in its own right pursuant to section 1(1) of CRiTPA.

• Appendix 1 HALTON BOROUGH COUNCIL AGREEMENT to the MEMORIAL XXXXX REGISTRATION SCHEME I agree to adhere to all Rules, Bye-laws, Health and Safety requirements, Insurance Liabilities, Installation and Maintenance Specifications, Inspection Procedures and all other requirements as laid down by the Registration Scheme.

• The Company shall, if requested by an Assuming Reinsurer, provide reasonable assistance to the Assuming Reinsurer, at such Assuming Reinsurer's expense, in collection of all amounts due in respect of the Insurance Liabilities from Third Party Reinsurers which do not have or agree to an endorsement to Third Party Reinsurance Agreements and shall forward any funds collected to the Assuming Reinsurer.

• For the avoidance of doubt, the Insurance Liabilities shall not include liabilities and obligations, including but not limited to costs, attorneys’ fees, settlements or judgments, in respect of litigation, arbitration, mediation or any similar proceeding relating to the Insurance Policies that is ongoing as of the Effective Time.

More Definitions of Insurance Liabilities

Insurance Liabilities means amounts calculated in accordance with this Part of these regulations in respect of those items shown at C and D under the heading “Liabilities” set out in the balance sheet format set immediately following paragraph 15 of the First Schedule to the Insurance Business (Companies Accounts) Regulations, 2000<

Insurance Liabilities means those Insurance Liabilities (as defined in the Purchase Agreement) arising under or in connection with the Insurance Contracts.

Insurance Liabilities has the meaning specified in Section 2.01(d).

Insurance Liabilities means Liabilities of the Company arising prior to, at or after the Closing Effective Time resulting from or related to (i) all treaties, policies, binders, slips or other contracts of insurance or assumed reinsurance issued or entered into by or on behalf of the Company prior to the Closing Effective Time, (ii) all renewals, if any, of such treaties, policies, binders, slips or other contracts of insurance that are issued on or after the Closing Effective Time, to the extent that such renewals are required by Applicable Law or under contractual commitments of the Company entered into prior to the Closing Effective Time, (iii) all policies, binders, slips or contracts of insurance that are required to be issued or accepted on or after the Closing Effective Time by or on behalf of the Company as a result of assignments from Involuntary Mechanisms to the extent such assignments are directly attributable to the business described in (i) or (ii) above, and (iv) guaranty fund assessments and compensation payable to producers attributable to the business described in (i), (ii), or (iii) above. For the avoidance of doubt, Insurance Liabilities shall not include any Liabilities related to Taxes.

Insurance Liabilities has the meaning set forth in Section 5.9(c).

Insurance Liabilities means the following liabilities of Seller, FGWLA and CLAC, in each case excluding the Excluded Liabilities, and net of all amounts actually collected by Seller, FGWLA and CLAC on or after the Effective Date under the Ceded Reinsurance Agreements to the extent that such collected amounts relate to the Business and not to Sellers Extra Contractual Obligations: (a) the liabilities under the Insurance Contracts, including all liabilities for unpaid claims, incurred but not reported claims, benefits or other payments (including dividends or other experience refunds payable on or after the Effective Date) under the Insurance Contracts, whether incurred before, on or after the Effective Date; (b) all loss adjustment expenses and expense reimbursement amounts arising out of or relating to the Insurance Contracts; (c) all liabilities under the Insurance Contracts arising out of any changes to the terms and conditions of the Insurance Contracts mandated by applicable Law whether incurred before, on or after the Effective Date; (d) premium Taxes due in respect of premiums collected on or after the Effective Date with respect to the Insurance Contracts; (e) assessments and similar charges with respect to the Insurance Contracts in connection with the participation by Seller, FGWLA, CLAC or Purchaser whether voluntary or involuntary, in any guaranty association or risk pool established or governed by any state or other jurisdiction, arising on account of premiums collected on or after the Effective Date; (f) Commissions payable with respect to the Insurance Contracts in respect of premiums collected on or after the Effective Date; (g) premiums, payments, fees or other consideration or amounts due on or after the Effective Date under any Ceded Reinsurance Agreements; (h) all liabilities for amounts payable on or after the Effective Date for returns or refunds of premiums with respect to the Insurance Contracts; (i) all liabilities arising out of Purchaser Extra Contractual Obligations; (j) all liabilities with respect to Contractholder funds on deposit (advance premiums, premium deposit funds or retired lives reserve funds) with Seller, FGWLA or CLAC; (k) all unclaimed property liabilities arising under or relating to the Insurance Contracts with respect to amounts paid or received on or after the Effective Date or otherwise related to bank over-drafts as reflected on the Final Statement of Assets and Liabilities and (l) all liabilities arising under the Assumed Reinsur...

Insurance Liabilities means amounts calculated in accordance with Part III of these Regulations in respect of those items shown at C and D under the heading “Liabilities” set out in paragraph 9 of Schedule 1 to the Insurance Companies (Accounts Directive) Regulations 1997;