Annuities and Risks Reinsured Sample Clauses

Annuities and Risks Reinsured. The Reinsurer agrees to indemnify ----------------------------- the Ceding Company for, and the Ceding Company agrees to reinsure with the Reinsurer, according to the terms and conditions hereof, the portion of the risks under the annuities described in Schedule A attached hereto.
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Annuities and Risks Reinsured. Under this Agreement, the Reinsurer reinsures a 100 percent quota share of the Ceding Company’s Net Liability, with respect to the annuity and amendatory endorsement forms and issue dates listed below, and any riders or endorsements attached to the Annuities upon their issue in order to gain approval from specific state insurance departments, and those necessary to qualify the Annuities for use with a qualified plan under the Internal Revenue Code issued by the Ceding Company as described below: Freedom Attainer Freedom Conqueror Freedom Wealth Creator Freedom Enhancer Freedom Premier Freedom Premier II Freedom Enhancer II Freedom Post The Ceding Company will not reinsure the annuities reinsured hereunder under other reinsurance agreements, without the prior written approval of the Reinsurer.
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Annuities and Risks Reinsured. The Reinsurer agrees to indemnify the Ceding Company for, and the Ceding Company agrees to reinsure with the Reinsurer, according to the terms and conditions of this Agreement, [REDACTED] (the “Quota Share”) of the Reinsured Claims (as defined in Article IV Paragraph 1) arising from [REDACTED] identified on Schedule A Part II hereto relating to the base annuities described in Schedule A Part I hereto (the “Base Annuities”).
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Annuities and Risks Reinsured. On the Effective Date of this Agreement, the Reinsurer reinsures an 90 percent quota share of the Ceding Company's net liability on those Galaxy 5 and Focus 5 flexible premium deferred annuities issued by the Ceding Company during the period January 1, 2000 through December 31, 2000. "Net liability," as used in this Agreement, means the Ceding Company's liability on annuities reinsured hereunder, net of other reinsurance. SCHEDULE B QUARTERLY REPORT OF ACTIVITY AND SETTLEMENTS FROM CEDING COMPANY TO REINSURER Reporting Quarter: ___________ Calendar Year: ______________ Date Report Completed: _______
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Annuities and Risks Reinsured. The Reinsurer agrees to indemnify the Ceding Company for, and the Ceding Company agrees to reinsure with the Reinsurer, according to the terms and conditions of this Agreement, the portion of the risks under the annuities and riders described in the attached Schedule A. As used in this Agreement, the term “Base Annuities” means the base variable annuity contracts reinsured under this Agreement; the term “Riders” means the riders that are issued in connection with the Base Annuities and are reinsured under this Agreement, as described in Schedule A; and the term “Annuities” means the Base Annuities and Riders, together.
Sample 1
Annuities and Risks Reinsured. Under this Agreement, the Reinsurer reinsures a 100 percent quota share of the Ceding Company’s Net Liability, with respect to the annuity and amendatory endorsement forms and issue dates listed below, and any riders or endorsements attached to the Annuities upon their issue in order to gain approval from specific state insurance departments, and those necessary to qualify the Annuities for use with a qualified plan under the Internal Revenue Code issued by the Ceding Company as described below: Landmark / Endeavor 2003 Freedom / Plat. Endeavor Freedom / Plat. Endeavor 2003 Landmark / Endeavor Extra 2003 TA Principium Access 2003 TA Liberty SunTrust Landmark TA Axiom Landmark Select M & T Access Extra Dreyfus Triple Advantage The Ceding Company will not reinsure the Annuities reinsured hereunder under other reinsurance agreements, without the prior written approval of the Reinsurer.
Sample 1
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Annuities and Risks Reinsured. The Reinsurer agrees to indemnify the Ceding Company for, and the Ceding Company agrees to reinsure with the Reinsurer, according to the terms and conditions of this Agreement, the portion of the risks under the annuities (excluding the guaranteed minimum withdrawal benefit rider ("GMWB") and any other accompanying riders) described in the attached Schedule A (the "Quota Share").
Sample 1
Annuities and Risks Reinsured. The Reinsurer agrees to indemnity the Ceding Company for, and the Ceding Company agrees to reinsure with the Reinsurer, according to the terms and conditions hereof, the portion of the risks under the annuities and riders (the "Annuities") described in Schedule A attached hereto, including any such annuities that have lapsed and that otherwise would be eligible for inclusion herein, subject to reinstatement pursuant to reinstatement terms contained in such annuity contracts.
Sample 1

Related to Annuities and Risks Reinsured

  • BUSINESS REINSURED 19 SCHEDULE B................................................................. 20

  • Builder’s Risk Insurance Contractor shall provide a Builder’s Risk Policy to be made payable to the Owner and Contractor, as their interests may appear. The policy amount should be equal to 100% of the Contract Sum, written on a Builder’s Risk “All Risk”, or its equivalent. The policy shall be endorsed as follows: The following may occur without diminishing, changing, altering or otherwise affecting the coverage and protection afforded the insured under this policy:

  • Reinsurer’s Liability The Reinsurer’s liability with respect to the Reinsured Risks will terminate on the earliest of: (i) the date the Company’s liability with respect to the Reinsured Risks is terminated and all amounts due the Company from the Reinsurer with respect to such Reinsured Risks are paid to the Company by or on behalf of the Reinsurer; and (ii) the date this Agreement is terminated upon the written agreement of the parties.

  • Other Reinsurance The Company shall be permitted to carry other reinsurance, recoveries under which shall inure solely to the benefit of the Company and be entirely disregarded in applying all of the provisions of this Contract.

  • Basis of Reinsurance Reinsurance under this Agreement will be on the Yearly Renewable Term basis on the portion of each policy that is reinsured as described in Schedule A.

  • Contractor’s Insurance 27.1 The Contractor shall procure and maintain at all times it performs any portion of the Services the following insurance with minimum limits equal to the amount indicated below.

  • Reinsurance The Contractor shall purchase reinsurance from a commercial reinsurer and shall establish reinsurance agreements meeting the requirements listed below. The Contractor shall submit new policies, renewals or amendments to OMPP for review and approval at least one hundred and twenty (120) calendar days before becoming effective.  Agreements and Coverage  The attachment point shall be equal to or less than $200,000 and shall apply to all services, unless otherwise approved by OMPP. The Contractor electing to establish commercial reinsurance agreements with an attachment point greater than $200,000 must provide a justification in its proposal or submit justification to OMPP in writing at least one hundred and twenty (120) calendar days prior to the policy renewal date or date of the proposed change. The Contractor must receive approval from OMPP before changing the attachment point.  The Contractor’s co-insurance responsibilities above the attachment point shall be no greater than twenty percent (20%).  Reinsurance agreements shall transfer risk from the Contractor to the reinsurer.  The reinsurer's payment to the Contractor shall depend on and vary directly with the amount and timing of claims settled under the reinsured contract. Contractual features that delay timely reimbursement are not acceptable.  The Contractor shall maintain a plan acceptable to the IDOI commissioner for continuation of benefits in the event of receivership. The Contractor must finance the greater of $1,000,000 or total projected costs as calculated by the form set forth in 760 IAC 1-70-8.  The Contractor shall obtain continuation of coverage insurance (insolvency insurance) to continue plan benefits for members until the end of the period for which premiums have been paid. This coverage shall extend to members in acute care hospitals or nursing facility settings when the Contractor’s insolvency occurs during the member’s inpatient stay. The Contractor shall continue to reimburse for its member’s care under those circumstances (i.e., inpatient stays) until the member is discharged from the acute care setting or nursing facility.  Requirements for Reinsurance Companies  The Contractor shall submit documentation that the reinsurer follows the National Association of Insurance Commissioners' (NAIC) Reinsurance Accounting Standards.  The Contractor shall be required to obtain reinsurance from insurance organizations that have Standard and Poor's claims- paying ability ratings of "AA" or higher and a Xxxxx’x bond rating of “A1” or higher, unless otherwise approved by OMPP.  Subcontractors  Subcontractors’ reinsurance coverage requirements must be clearly defined in the reinsurance agreement.  Subcontractors should be encouraged to obtain their own stop-loss coverage with the above-mentioned terms.  If subcontractors do not obtain reinsurance on their own, the Contractor is required to forward appropriate recoveries from stop- loss coverage to applicable subcontractors.

  • Builder’s Risk additional provisions The insurance specified shall be maintained in force until final acceptance of the project by the State.

  • LESSEE'S INSURANCE a. Lessee covenants to provide at Lessee's cost and expense on or before the earlier of (i) the Commencement Date, or (ii) Lessee's taking actual possession for the purpose of completing any improvement work, and to keep in full force and effect during the entire Term and so long thereafter as Lessee, or anyone claiming by, through or under Lessee, shall occupy the Premises, insurance coverage as follows:

  • Workers’ Compensation and Employer’s Liability Insurance The Contractor shall have in effect during the entire life of this Agreement Workers' Compensation and Employer's Liability Insurance providing full statutory coverage. In signing this Agreement, the Contractor certifies, as required by Section 1861 of the California Labor Code, that it is aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for Worker's Compensation or to undertake self-insurance in accordance with the provisions of the Code, and I will comply with such provisions before commencing the performance of the work of this Agreement.

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