Common use of Automatic Reinsurance Specifications Clause in Contracts

Automatic Reinsurance Specifications. The CEDING COMPANY will cede risks on an automatic YRT basis according to the following layered structure. • CEDING COMPANY will retain 100% up to the first $10M of risk (or less if the CEDING COMPANY’s maximum retention limit on a risk is less than $10M). • The CEDING COMPANY will retain 50% of the risk over $10m up to its retention, shown below in section C. • Once the CEDING COMPANY’S full per life retention is reached, the CEDING COMPANY will retain 0% of additional amounts, provided the total reinsurance ceded is less than or equal to the Reinsurance Limits outlined in Section C.

Automatic Reinsurance Specifications. The CEDING COMPANY will cede risks on an automatic YRT basis according to the following layered structure. • CEDING COMPANY will retain 100% up to the first $10M of risk (or less if the CEDING COMPANY’s ’S maximum retention limit on a risk is less than $10M). • The CEDING COMPANY COMPAY will retain 50% of the risk over $10m up to its retention, shown below in section C. • Once the CEDING COMPANY’S full per life retention is reached, the CEDING COMPANY will retain 0% of additional amounts, provided the total reinsurance ceded is less than or equal to the Reinsurance Limits total automatic binding limits outlined in Section C.D.

Automatic Reinsurance Specifications. The CEDING COMPANY will cede risks on an automatic YRT basis according to the following layered structure. • CEDING COMPANY will retain 100% up to the first $10M of risk (or less if the CEDING COMPANY’s maximum retention limit on a risk is less than $10M). • The CEDING COMPANY COMPAY will retain 50% of the risk over $10m up to its retention, shown below in section C. • Once the CEDING COMPANY’S full per life retention is reached, the CEDING COMPANY will retain 0% of additional amounts, provided the total reinsurance ceded is less than or equal to the Reinsurance Limits total automatic binding limits outlined in Section C.D.

Automatic Reinsurance Specifications. The CEDING COMPANY will cede risks on an automatic YRT basis according to the following layered structure. • CEDING COMPANY will retain 100% up to the first $10M of risk (or less if the CEDING COMPANY’s maximum retention limit on a risk is less than $10M). • The CEDING COMPANY will retain 50% of the risk over $10m up to its retention, shown below in section C. • Once the CEDING COMPANY’S full per life retention is reached, the CEDING COMPANY will retain 0% of additional amounts, provided the total reinsurance ceded is less than or equal equa| to the Reinsurance Limits total automatic binding limits outlined in Section C.D.