Common use of INCREASE IN RETENTION Clause in Contracts

INCREASE IN RETENTION. A. If the Ceding Company should increase the retention limits as listed in Exhibit II, prompt written notice of the increase must be given to the Reinsurer.

Appears in 27 contracts

Samples: Reinsurance Agreement Effective December (Hartford Life & Annuity Ins Co Separate Acount Vlii), Reinsurance Agreement Effective December (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement Effective December (Hartford Life Insurance Co Separate Account Vl Ii)

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INCREASE IN RETENTION. A. If the Ceding Company should increase the retention limits as listed in Exhibit II, prompt written notice of the increase must be given to the Reinsurer.. B. In the event of an increase in retention, the Ceding Company will have the option of recapturing the reinsurance under this Agreement when the retention limit

Appears in 1 contract

Samples: Automatic Yearly Renewable Term (Itt Hartford Life & Annuity Insurance Co Separate Acct Vl Ii)

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INCREASE IN RETENTION. A. If the Ceding Company should increase the retention limits as listed in Exhibit IIExhibits II and Ill, prompt written notice of the increase must be given to the Reinsurer.

Appears in 1 contract

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)

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