Common use of Allocated Retention Clause in Contracts

Allocated Retention. Pool -- Effective 10/1/2008 Between HLIC and TFLIC 105 EXHIBIT VII REINSURANCE REPORTS EFFECTIVE OCTOBER 1, 2008 RESERVE FILE Company Identifies the Ceding Company Policy Policy number which is part of the policy key Coverage/rider Coverage number which is part of the policy key. This number is used to identify a specific policy coverage. Cession ID This field contains the number assigned to this cession by the Reinsurer Benefit Type This field is the reserve type. 1 = Life, 2 = ADB, 3 = Waiver, 4 = Flat Extras, 5 = Substandard Calc Method Hartford's TAI Valuation Method 1 = Frasier Reserve + 1/2 cx, E = Coinsurance Reserve, H = Half Premium, L = Factor FLX1, X = 1/2 cx Reinsurance Company Two character reinsurance company ID code that identifies the Reinsurer. Reporting Company Identifies the company used for reporting purposes. Will be the same as the Reinsurance Company. Line of Business This field indicates the line of business the policy falls under. (L = Life) Treaty Number This field contains the TAI system treaty number Plan This field contains the coverage plan code. Auto/Fac Indicator Indicates whether the policy is ceded on an Automatic or Facultative basis. Product code This field contains the product type code. Joint Type Identifies Joint business Type Joint Method Switch Identifies TAI Frasier methox xxxxxxxxxon Mode Identifies the mode of reinsurance premium payment. Cession Status This field identifies the status of the cession. Reinsurance Type This field is a one-character code that identifies the type of reinsurance. Duration Contains the reinsurance duration. It may differ from the policy duration if the cession is a continuation. Participation code This field indicates whether the business is Non participating (N) or Participating (P). Policy Date This field contains the issue date of the policy. Reinsurance To Date This field contains the end date of the period covered by a record. Policy Face Amount Indicates the face amount of the total policy. Ceded Amount This field contains the policy amount ceded to a specific reinsurer Net Amount at Risk This field contains the reinsured net amount at risk (NAR) for a specific reinsurer. Premium This field contains the reinsurance premium. Reserve Percent Value appears on Coinsurance business only Cession Count Cession count only appears under Life (Base), not benefits. Age Basis Nearest/Closest (C), Last (L), Next (N) Insured Status -- 1 This field indicates the insured's coverage status. For Joint Life policies, this field indicates the insured's coverage status for Insured 1. Allocated Retention. Pool -- Effective 10/1/2008 Between HLIC and TFLIC 106 EXHIBIT VII REINSURANCE REPORTS EFFECTIVE OCTOBER 1, 2008 Age -- 1 This field contains the insured's issue age. For Joint Life policies, this field contains the issue age for Insured 1. Class -- 1 This field contains the company's rating of standard or preferred and the smoker class. For Joint Life policies, this field contains the class for Insured 1. Sex -- 1 This field is used to identify the sex of the insured. For Joint Life policies, this field contains the sex of Insured 1. Mortality -- 1 This field contains the insured's mortality rating. For Joint Life policies, this field contains the mortality rating for Insured 1. Insured Status -- 2 This field indicates the insured's coverage status. For Joint Life policies, this field indicates the insured's coverage status for Insured 2. (If this is not a Joint Life policy, this field will be blank.) Age -- 2 This field contains the insured's issue age. For Joint Life policies, this field contains the issue age for Insured 2. (If this is not a Joint Life policy, this field will be blank.) Class -- 2 This field contains the company's rating of standard or preferred and the smoker class. For Joint Life policies, this field contains the class for Insured 2. (If this is not a Joint Life policy, this field will be blank.) Sex -- 2 This field is used to identify the sex of the insured. For Joint Life policies, this field contains the sex of Insured 2. (If this is not a Joint Life policy, this field will be blank.) Mortality -- 2 This field contains the insured's mortality rating. For Joint Life policies, this field contains the mortality rating for Insured 2. (If this is not a Joint Life policy, this field will be blank.) Reserve Statutory or Tax Reserve for each coverage. Reserve Interest Rate This field identifies the Interest Rate used when calculating reserves. Reserve Factor Applicable Mortality Basis YRT Factor Factor Pointer TAI specific field to identify applicable mortality table used when calculating reserves. Attained Age TAI specific field. Default is 1 Setback TAI specific field. Default is zero Class Switch TAI specific field. Valuation Class (D=Distinct) Curtate Switch This field indicates whether reserves are on a curtate or continuous basis. Caption Hartford's TAI Valuation Method Error Code Informational field used by Hartford -- Usually Blank Reserve Class 1 This field contains insured's smoker class. For Joint Life policies, this field contains the class for Insured 1. Reserve Class 2 This field contains insured's smoker class. For Joint Life policies, this field contains the class for Insured 2. (If this is not a Joint Life policy, this field will be blank.) Currency Code This field identifies the currency. (USD or CND if applicable) Valuation Interest TAI assigned field that is used to read applicable Pointer interest rates when calculating 1/2 cx reserves. NAR Type This field indicates the method used in determining the Total Net Amount at Risk (as defined in Schedule B). Allocated Retention. Pool -- Effective 10/1/2008 Between HLIC and TFLIC 107 AMENDMENT 1 EFFECTIVE MARCH 5, 2010 TO THE AUTOMATIC AND FACULTATIVE MONTHLY RENEWABLE TERM REINSURANCE AGREEMENT EFFECTIVE OCTOBER 1, 2008 BETWEEN HARTFORD LIFE INSURANCE COMPANY ("CEDING COMPANY") AND TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY ("REINSURER") ("AGREEMENT")

Allocated Retention. Pool -- Effective 10/1/2008 Between HLIC ILA and TFLIC TLIC 105 EXHIBIT VII REINSURANCE REPORTS EFFECTIVE OCTOBER 1, 2008 RESERVE FILE Company Identifies the Ceding Company Policy Policy number which is part of the policy key Coverage/rider Coverage number which is part of the policy key. This number is used to identify a specific policy coverage. Cession ID This field contains the number assigned to this cession by the Reinsurer Benefit Type This field is the reserve type. 1 = Life, 2 = 2=ADB, 3 = 3=Waiver, 4 = 4=Flat Extras, 5 = 5=Substandard Calc Method Hartford's TAI Valuation Method 1 = 1=Frasier Reserve + 1/2 cx, E = E=Coinsurance Reserve, H = H=Half Premium, L = L=Factor FLX1, X = 1/2 X=1/2 cx Reinsurance Company Two character reinsurance company ID code that identifies the Reinsurer. Reporting Company Identifies the company used for reporting purposes. Will be the same as the Reinsurance Company. Line of Business This field indicates the line of business the policy falls under. (L = L=Life) Treaty Number This field contains the TAI system treaty number Plan This field contains the coverage plan code. Auto/Fac Indicator Indicates whether the policy is ceded on an Automatic or Facultative basis. Product code This field contains the product type code. Joint Type Identifies Joint business Type Joint Method Switch Identifies TAI Frasier methox xxxxxxxxxon Mode Identifies the mode of reinsurance premium payment. Cession Status This field identifies the status of the cession. Reinsurance Type This field is a one-character code that identifies the type of reinsurance. Duration Contains the reinsurance duration. It may differ from the policy duration if the cession is a continuation. Participation code This field indicates whether the business is Non participating (N) or Participating (P). Policy Date This field contains the issue date of the policy. Reinsurance To Date This field contains the end date of the period covered by a record. Policy Face Amount Indicates the face amount of the total policy. Ceded Amount This field contains the policy amount ceded to a specific reinsurer Net Amount at Risk This field contains the reinsured net amount at risk (NAR) for a specific reinsurer. Premium This field contains the reinsurance premium. Reserve Percent Value appears on Coinsurance business only Cession Count Cession count only appears under Life (Base), not benefits. Age Basis Nearest/Closest (C), Last (L), Next (N) Insured Status -- 1 This field indicates the insured's coverage status. For Joint Life policies, this field indicates the insured's coverage status for Insured 1. Allocated Retention. Pool -- Effective 10/1/2008 Between HLIC ILA and TFLIC TLIC 106 EXHIBIT VII REINSURANCE REPORTS EFFECTIVE OCTOBER 1, 2008 Age -- 1 This field contains the insured's issue age. For Joint Life policies, this field contains the issue age for Insured 1. Class -- 1 This field contains the company's rating of standard or preferred and the smoker class. For Joint Life policies, this field contains the class for Insured 1. Sex -- 1 This field is used to identify the sex of the insured. For Joint Life policies, this field contains the sex of Insured 1. Mortality -- 1 This field contains the insured's mortality rating. For Joint Life policies, this field contains the mortality rating for Insured 1. Insured Status -- 2 This field indicates the insured's coverage status. For Joint Life policies, this field indicates the insured's coverage status for Insured 2. (If this is not a Joint Life policy, this field will be blank.) Age -- 2 This field contains the insured's issue age. For Joint Life policies, this field contains the issue age for Insured 2. (If this is not a Joint Life policy, this field will be blank.) Class -- 2 This field contains the company's rating of standard or preferred and the smoker class. For Joint Life policies, this field contains the class for Insured 2. (If this is not a Joint Life policy, this field will be blank.) Sex -- 2 This field is used to identify the sex of the insured. For Joint Life policies, this field contains the sex of Insured 2. (If this is not a Joint Life policy, this field will be blank.) Mortality -- 2 This field contains the insured's mortality rating. For Joint Life policies, this field contains the mortality rating for Insured 2. (If this is not a Joint Life policy, this field will be blank.) Reserve Statutory or Tax Reserve for each coverage. Reserve Interest Rate This field identifies the Interest Rate used when calculating reserves. Reserve Factor Applicable Mortality Basis YRT Factor Factor Pointer TAI specific field to identify applicable mortality table used when calculating reserves. Attained Age TAI specific field. Default is 1 Setback TAI specific field. Default is zero Class Switch TAI specific field. Valuation Class (D=Distinct) Curtate Switch This field indicates whether reserves are on a curtate or continuous basis. Caption Hartford's TAI Valuation Method Error Code Informational field used by Hartford -- Usually Blank Reserve Class 1 This field contains insured's smoker class. For Joint Life policies, this field contains the class for Insured 1. Reserve Class 2 This field contains insured's smoker class. For Joint Life policies, this field contains the class for Insured 2. (If this is not a Joint Life policy, this field will be blank.) Currency Code This field identifies the currency. (USD or CND if applicable) Valuation Interest TAI assigned field that is used to read applicable Pointer interest rates when calculating 1/2 cx reserves. NAR Type This field indicates the method used in determining the Total Net Amount at Risk (as defined in Schedule B). Allocated Retention. Pool -- Effective 10/1/2008 Between HLIC ILA and TFLIC TLIC 107 AMENDMENT 1 EFFECTIVE MARCH 5JULY 1, 2010 2009 TO THE AUTOMATIC AND FACULTATIVE MONTHLY RENEWABLE TERM REINSURANCE AGREEMENT EFFECTIVE OCTOBER 1, 2008 BETWEEN HARTFORD LIFE AND ANNUITY INSURANCE COMPANY ("CEDING COMPANY") AND TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY ("REINSURER") ("AGREEMENT")