NET RETAINED LIABILITY. This Contract shall apply only to that portion of any insurance that the Company retains net for its own account, and in calculating the amount of any loss hereunder, only loss or losses with respect to that portion of any insurance or reinsurance the Company retains net for its own account shall be included.
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NET RETAINED LIABILITY. This Contract shall apply only to that portion of any insurance that or reinsurance the Company retains net for its own account, and in calculating the amount of any loss hereunderhereunder and the amount in excess of which this Contract attaches, only loss or losses with respect to that portion of any insurance or reinsurance the Company retains net for its own account shall be included.. It is understood and agreed, however, that the Reinsurer's liability hereunder with respect to any loss or losses shall not be increased by reason of the inability of the Company to collect from any
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Sources: Reinsurance Contract (Financial Pacific Insurance Group Inc)