AUTOMATIC RETENTION LIMIT. PRUCO OF NJ will retain at least 10% of each policy. PRUCO OF NJ may cede up to 70% of each policy on a first-dollar quota share basis to other reinsurers.
Appears in 3 contracts
Samples: Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account), Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)
AUTOMATIC RETENTION LIMIT. PRUCO OF NJ will retain at least 10% of each policy. For U.S. and Canadian residents, PRUCO OF NJ may cede up to 70% of each policy on a first-dollar quota share basis to other reinsurers. For residents of other countries, PRUCO OF NJ may cede up to 60% of each policy on a first-dollar quota share basis to other reinsurers.
Appears in 1 contract
Samples: Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)
AUTOMATIC RETENTION LIMIT. PRUCO OF of NJ will retain at least 10% of each policy. For U.S. and Canadian residents, PRUCO OF of NJ may cede up to 70% of each policy on a first-dollar quota share basis to other reinsurers. For residents of other countries, PRUCO of NJ may cede up to 80% of each policy on a first-dollar quarter share basis to other reinsurers.
Appears in 1 contract
Samples: Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)
