Common use of Calculation of Reinsurance Expense Allowance Clause in Contracts

Calculation of Reinsurance Expense Allowance. The “Reinsurance Expense Allowance” shall be calculated for each Accounting Period as the sum for each of the types of Business Reinsured, each multiplied by the applicable Quota Share for the type of Business Reinsured of {[(1) x (2) + [(3) x (4)]} / (5) + (6), where:

Appears in 15 contracts

Samples: Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Ten), Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life Insurance Co Separate Account Ten)

AutoNDA by SimpleDocs

Calculation of Reinsurance Expense Allowance. The “Reinsurance Expense Allowance” shall be calculated for each Accounting Period as the sum for each of the types of Business Reinsured, each multiplied by the applicable Quota Share for the type of Business Reinsured of {[(1) x (2) )] + [(3) x (4)]} / (5) + (6), where:

Appears in 11 contracts

Samples: Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.