Coverage B. The Reinsurer shall indemnify the Company for 25% (twenty five percent) of the paid portion of all Ultimate Net Loss and Loss Adjustment Expenses arising out of Large Lines Real Estate General Liability Business in excess of 60% (sixty percent) to 125% (one hundred and twenty-five percent) of the Net Earned Premium allocable to Large Lines Real Estate General Liability Business up to a maximum amount equal to 16.25% (sixteen and one-quarter percent) of Net Earned Premium for Large Lines Real Estate General Liability Business.
Appears in 2 contracts
Sources: Aggregate Excess of Loss Retrocession Agreement (Tower Group, Inc.), Aggregate Excess of Loss Retrocession Agreement (Tower Group, Inc.)