ANNUITY RESERVE. The "Annuity Reserve" associated with a Policy equals the surrender value. SCHEDULE D MODIFIED COINSURANCE RESERVE INVESTMENT CREDIT -------------------------------------------------------------------------------- 1. MODIFIED COINSURANCE RESERVE INVESTMENT EARNED RATE. The Modified Coinsurance Reserve Investment Rate for any Accounting Period shall be equal to (a) / [(b)-.5x (a) where: (a) equals the net investment income after investment income withholding taxes, if any, and realized and unrealized capital gains and losses calculated by the Cedent during the current Accounting Period with respect to the Asset Portfolio, described in Schedule E; and (b) equals the average of the statutory values of the assets in the Asset Portfolio as of the beginning and the end of the Accounting Period. For purposes of this section, the statutory value of the assets in the Asset Portfolio includes accrued investment income.
Appears in 13 contracts
Samples: Reinsurance Agreement (Metlife Investors Usa Separate Account A), Reinsurance Agreement (Metlife Investors Variable Annuity Account One), Reinsurance Agreement (Metlife Investors Usa Separate Account A)
