Common use of Basis of Reinsurance and Business Reinsured Clause in Contracts

Basis of Reinsurance and Business Reinsured. 18 Section 2.1. Coverage 18 Section 2.2. Insurance Contract Changes 18 Section 2.3. Liability 19 Section 2.4. Indemnity Reinsurance 19 Section 2.5. Territory 19 Section 2.6. Reinstatements 19 Section 2.7. Non-Guaranteed Elements 19 Section 2.8. Retrocession 19 Section 2.9. Separate Accounts 20 Section 2.10. Annuitizations 21 Section 2.11. Additional Roll-Overs 22 Section 2.12. Net Retention 22 Section 2.13. [***] 22 ARTICLE III. PAYMENTS; ADDITIONAL CONSIDERATION 23 Section 3.1. Initial Reinsurance Premium 23 Section 3.2. Additional Consideration 23 Section 3.3. Net Settlement 24 Section 3.4. Delayed Payments 26 Section 3.5. Defenses 26 Section 3.6. Offset 26 Section 3.7. Premium Taxes 26 Section 3.8. Reports from the Reinsurer 26 Section 3.9. Reports from the Ceding Company 29 ARTICLE IV. ADMINISTRATION 30 Section 4.1. Administration 30 Section 4.2. Performance Standards 32 Section 4.3. Administrative Expense Allowance 32 Section 4.4. Designated Administrative Account. 33 Section 4.5. Producer Agreements 33 Section 4.6. Books and Records and Access 33

Basis of Reinsurance and Business Reinsured. 18 16 Section 2.1. 2.1 Coverage 18 16 Section 2.2. Insurance 2.2 Reserves 16 Section 2.3 Reinsured Contract Changes 18 16 Section 2.3. 2.4 Liability 19 17 Section 2.4. 2.5 Indemnity Reinsurance 19 17 Section 2.5. Territory 19 Section 2.6. Reinstatements 19 Section 2.7. Non-Guaranteed Elements 19 Section 2.8. Retrocession 19 Section 2.9. 2.6 Separate Accounts 20 17 Section 2.10. Annuitizations 21 2.7 Ceded Reinsurance 17 Section 2.11. Additional Roll-Overs 22 Section 2.12. Net Retention 22 Section 2.13. [***] 22 ARTICLE 2.8 Internal Replacements 19 Article III. PAYMENTS; ADDITIONAL CONSIDERATION CONSIDERATIONS; ADMINISTRATION 20 Section 3.1 Payments by the Parties 20 Section 3.2 Additional Consideration 20 Section 3.3 Defenses 23 Section 3.1. Initial Reinsurance 3.4 Guaranty Association Assessments and Premium Taxes 23 Section 3.2. Additional Consideration 3.5 Non-Guaranteed Elements 23 Section 3.3. Net Settlement 24 3.6 Offset and Recoupment Rights 23 Section 3.4. Delayed Payments 26 Section 3.5. Defenses 26 Section 3.6. Offset 26 Section 3.7. Premium Taxes 26 Section 3.8. 3.7 Certain Reports from the Reinsurer 24 Section 3.8 Termination of Administrative Services Agreement 24 Section 3.9 [Reserved] 26 Section 3.9. Reports from the Ceding Company 29 ARTICLE 3.10 Bank Accounts 26 Section 3.11 Novation 26 Article IV. ADMINISTRATION 30 Section 4.1. Administration 30 Section 4.2. Performance Standards 32 Section 4.3. Administrative Expense Allowance 32 Section 4.4. Designated Administrative Account. 33 Section 4.5. Producer Agreements 33 Section 4.6. Books and Records and Access 33LICENSES; RESERVE CREDIT; SECURITY 27