Define: Insurance Recoveries

How is Insurance Recoveries defined in a legal contract?

• Insurance Recoveries means the entitlement to all results including all incomes, from any award, judgment or other determination related to insurance claims. It also includes all amounts payable by an insurance provider under a settlement agreement concerning insurance claims and all proceeds of an insurance policy paid in relation to insurance claims. Insurance Recoveries does not include any recoveries of an insurance provider under any agreement providing reinsurance to the insurer. Seen in 9 SEC filings.
• Insurance Recoveries means any proceeds from insurance policies or other sources that cover any loss to the extent used to mitigate losses or replace damaged or destroyed assets. Seen in 3 SEC Filings
• Insurance Recoveries means recoveries of proceeds obtained in connection with the insurance Policies or the insurance litigation, regardless of whether such recoveries arise in contract or tort. However, Insurance Recoveries shall not include amounts payable pursuant to an insurance policy. Seen in 2 SEC Filings
• Insurance Recoveries means any funds recovered by the Insurance Trust, except for any recoveries attributable to payment of defense costs recovered in a certain proceeding or otherwise. Seen in 1 SEC Filing
• Insurance Recoveries means certain cash derived from and paid pursuant to settlement agreements entered into, all cash paid to the debtor from insurance actions, and the right to receive the proceeds or benefits of any insurance policies for certain claims, insurance action and any insurance rights. Seen in 1 SEC Filing
• Insurance Recoveries means the proceeds of any claim against any insurance policy maintained, with respect to certain equipment. Seen in 1 SEC Filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of insurance recoveries' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Insurance Recoveries means entitlement to all proceeds, covering losses or replacing damaged assets, excluding recoveries from reinsurance contracts.

Relevant Contract Types

• Insurance Policy Contract
• Reinsurance Agreement
• Settlement Agreement
• Property Lease Agreement

Relevant Circumstances

• Insurance Claims
• Reinsurance Claims
• Property-Related Damage Claim

Relevant Sectors

• Insurance
• Real Estate
• Retail

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Genie Definition 2

• Insurance Recoveries means funds recovered, apart from defense cost recoveries, through insurance actions or proceeds of insurance policies.

Relevant Contract Types

• Insurer Litigation Contract
• Defense cost recovery Agreement
• Insurance Action Agreement

Relevant Circumstances

• Settlement of Insurance litigation
• Accidental damage claims by the insured
• Compensation claim cases

Relevant Sectors

• Insurance
• Legal
• Manufacturing

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