Any Late Reported Risks. For the purposes of this Article IX, a "Late Reported Risk" is a risk reported to the Reinsurer more than two (2) years after its effective date. The Reinsurer will not automatically accept liability for any Late Reported Risks. The Ceding Company shall submit to the Reinsurer, for approval, reporting information about any Late Reported Risks it wishes to be ceded under this Agreement. The process for Late Reported Risks will be as follows:
Appears in 5 contracts
Samples: Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)