AUTOMATIC RETENTION LIMIT. PRUCO will retain at least 10% of each policy. PRUCO may cede up to 70% of each policy on a first-dollar quota share basis to other reinsurers.
Appears in 3 contracts
Sources: Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life Variable Universal Account)
AUTOMATIC RETENTION LIMIT. UL-VUL II - PRUCO will retain at least 10% of each policy. PRUCO may cede up to 7080% of each policy on a first-dollar quota share basis to other reinsurers. ProFunds - PRUCO will retain at least 10% of each policy. PRUCO may cede up to 80% of each policy on a first-dollar quota share basis to other reinsurers.
Appears in 1 contract
Sources: Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account)