Gross Statutory Reserve. For purposes of this Agreement, it shall mean total Separate Account and General Account Reserves calculated by the Company under U.S. state insurance regulations and in accordance with accepted actuarial industry practice.
Appears in 3 contracts
Samples: Reinsurance Agreement, Coinsurance Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Automatic and Facultative (John Hancock Life Insurance Co (Usa) Separate Account A)
Gross Statutory Reserve. For purposes of this Agreement, it shall mean total Separate Account and General Account Reserves calculated by the Company under U.S. state (state) insurance regulations and in accordance with accepted actuarial industry practice.
Appears in 2 contracts
Samples: Automatic and Facultative (Nationwide VL Separate Account-G), Automatic and Facultative (Nationwide VLI Separate Account-7)
