Scribd Logo
Upload

Welcome to Scribd!

  • Thermx Woven Dyeing LTD

    Uploaded by

    Mr Dampha
    4 views1 page
    This document is a facultative credit note from WAICA Reinsurance Corporation PLC to Royal (GAM) Ltd regarding a reinsurance agreement. It provides details of the primary insured, Thermx Woven Dyeing Ltd. & Thermax Yarn Dying Ltd, and reinsurance terms for an original insurance policy between Pioneer Insurance Company and the primary insured, including WAICA's share of the premium and Royal (GAM) Ltd's share that is due. The reinsurer agrees to follow all terms of the original policy within the terms of the reinsurance agreement.

    Original Description:

    moy

    Original Title

    Thermx Woven Dyeing Ltd

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document is a facultative credit note from WAICA Reinsurance Corporation PLC to Royal (GAM) Ltd regarding a reinsurance agreement. It provides details of the primary insured, Thermx Woven Dyeing Ltd. & Thermax Yarn Dying Ltd, and reinsurance terms for an original insurance policy between Pioneer Insurance Company and the primary insured, including WAICA's share of the premium and Royal (GAM) Ltd's share that is due. The reinsurer agrees to follow all terms of the original policy within the terms of the reinsurance agreement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    4 views1 page

    Thermx Woven Dyeing LTD

    Uploaded by

    Mr Dampha
    This document is a facultative credit note from WAICA Reinsurance Corporation PLC to Royal (GAM) Ltd regarding a reinsurance agreement. It provides details of the primary insured, Thermx Woven Dyeing Ltd. & Thermax Yarn Dying Ltd, and reinsurance terms for an original insurance policy between Pioneer Insurance Company and the primary insured, including WAICA's share of the premium and Royal (GAM) Ltd's share that is due. The reinsurer agrees to follow all terms of the original policy within the terms of the reinsurance agreement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    WAICA Reinsurance Corporation PLC.

    FACULTATIVE CREDIT NOTE /CLOSINGS

    TO – ROYAL (GAM) LTD

    Date: 18/08/2014 12:44

    CEDANT : PIONEER INSURANCE COMPANY

    PRIMARY INSURED : THERMX WOVEN DYEING LTD. &


    THERMAX YARN DYING LTD

    TYPE OF COVER : IAR

    ORIGINAL POLICY NO : PIOEER/NMB/IAR/P-02/06/2014

    PERIOD OF COVER : 30/06/2014 TO 30/06/2015


    SUM INSURED : BDT 2,851,905,000

    ORIGINAL PREMIUM : BDT 2,566,714.50

    REINSURANCE : 30%
    COMMISSION

    WAICA’S SHARE :1.5% OF 100% -BDT 38,500.72

    SHARE PLACED : 10% OF 1.5%

    YOUR SHARE PREMIUM : BDT2,695.05

    LESSOVERIDING 5% : BDT 134.75


    COMMISSION
    NET PREMIUM DUE TO /FROM YOU : BDT 2,560.30

    REINSURER AGREES TO FOLLOW ALL TERMS, CLAUSES AND CONDITIONS AS


    ORIGINAL WITHIN THE TERMS OF REINSURANCE.

    PREPARED BY:......................................... APPROVED BY:...........................................

    You might also like