Common use of CREDIT FOR RESERVES Clause in Contracts

CREDIT FOR RESERVES. 10.1 The Parties intend that the Ceding Company will receive statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The Parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company does not expect to receive statutory reserve credit for any necessary deficiency reserves.

Appears in 4 contracts

Samples: Reinsurance Agreement (Riversource Variable Life Separate Account), Reinsurance Agreement (Ids Life of New York Account 8), Reinsurance Agreement (Ids Life Variable Life Separate Account)

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CREDIT FOR RESERVES. 10.1 The Parties intend that the Ceding Company will receive statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The Parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company does not expect to receive statutory reserve credit for any necessary deficiency reserves.. IDSL VUL4/LP Select Treaty 18

Appears in 2 contracts

Samples: Reinsurance Agreement (Ids Life Variable Life Separate Account), Reinsurance Agreement (Ids Life Variable Life Separate Account)

CREDIT FOR RESERVES. 10.1 The Parties intend that the Ceding Company will receive statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The Parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company does not expect to receive statutory reserve credit for any necessary deficiency reserves.. IDSL VUL4/LP Select Treaty 17

Appears in 2 contracts

Samples: Reinsurance Agreement (Ids Life Variable Life Separate Account), Reinsurance Agreement (Ids Life Variable Life Separate Account)

CREDIT FOR RESERVES. 10.1 The Parties intend that the Ceding Company will receive statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The Parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company does not expect to receive statutory reserve credit for any necessary deficiency reserves.. IDSL-NY VUL4/LP Select Treaty 17

Appears in 2 contracts

Samples: Reinsurance Agreement (Ids Life of New York Account 8), Reinsurance Agreement (Ids Life of New York Account 8)

CREDIT FOR RESERVES. 10.1 The Parties intend that the Ceding Company will receive statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The Parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company does not expect to receive statutory reserve credit for any necessary deficiency reserves.. IDSL VUL4 / LP Select Treaty 17

Appears in 1 contract

Samples: Reinsurance Agreement (Ids Life Variable Life Separate Account)

CREDIT FOR RESERVES. 10.1 The Parties intend that the Ceding Company will receive statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The Parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company does not expect to receive statutory reserve credit for any necessary deficiency reserves.. IDSL - [redacted] VUL IV Plus/VUL IV Plus-ES Doc# 2080257 17

Appears in 1 contract

Samples: Reinsurance Agreement (Ids Life Variable Life Separate Account)

CREDIT FOR RESERVES. 10.1 The Parties intend that the Ceding Company will receive statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The Parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company does not expect to receive statutory reserve credit for any necessary deficiency reserves.. IDSL - [redacted] 18 VUL IV Plus/VUL IV Plus-ES Doc# 2081398

Appears in 1 contract

Samples: Reinsurance Agreement (Ids Life Variable Life Separate Account)

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CREDIT FOR RESERVES. 10.1 The Parties intend that the Ceding Company will receive statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The Parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company does not expect to receive statutory reserve credit for any necessary deficiency reserves.. 18 IDSL-NY VUL4/LP Select Treaty

Appears in 1 contract

Samples: Reinsurance Agreement (Ids Life of New York Account 8)

CREDIT FOR RESERVES. 10.1 The Parties intend that the Ceding Company will receive statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The Parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company does not expect to receive statutory reserve credit for any necessary deficiency reserves.. IDSL - [redacted] 17 VUL IV Plus/VUL IV Plus-ES Doc#2081405

Appears in 1 contract

Samples: Reinsurance Agreement (Ids Life Variable Life Separate Account)

CREDIT FOR RESERVES. 10.1 The Parties intend that the Ceding Company will receive statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The Parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company does not expect to receive statutory reserve credit for any necessary deficiency reserves.. IDSL-NY VUL4/LP Select Treaty 18

Appears in 1 contract

Samples: Reinsurance Agreement (Ids Life of New York Account 8)

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