Accountings. Pursuant to the terms of this Agreement, Ceding Company will furnish to Reinsurer the Effective Date Accounting as well as a copy of all computer runs, work papers, and supporting data used in preparing such accounting. The accounting shall be prepared in accordance with insurance accounting principles prescribed or permitted under statutory authority applied on a basis consistent with those applied by Ceding Company in prior years and to present fairly the items reflected therein in accordance with sound actuarial principles as of the date of such accounting.
Appears in 8 contracts
Samples: Reinsurance Agreement, Service Agreement (Hancock John Variable Life Account U), Service Agreement and Indemnity Combination Coinsurance Agreement (Hancock John Variable Annuity Account H)
Accountings. Pursuant to the terms of this Agreement, Ceding Company will furnish make available to Reinsurer the Effective Date Accounting as well as a copy of all material computer runs, work papers, and supporting data used in preparing such accounting. The accounting shall be prepared in accordance with insurance accounting principles prescribed or permitted under statutory authority applied on a basis consistent with those applied by Ceding Company in prior years and to present fairly the items reflected therein in accordance with sound actuarial accounting principles as of the date of such accounting.
Appears in 4 contracts
Samples: Service Agreement and Indemnity Combination Coinsurance Agreement (MetLife Insurance CO of Connecticut), Service Agreement and Indemnity Combination Coinsurance Agreement (MetLife Insurance CO of Connecticut), Service Agreement and Indemnity Combination Coinsurance Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)
