Individual Cession Business. Promptly after liability for reinsurance has begun on the individual risk the CEDING COMPANY shall send BMA a “Reinsurance Cession”. Based on the information on the “Reinsurance Cession”, BMA will prepare and send the CEDING COMPANY a “Reinsurance Cession Card”. When reinsurance is reduced or changed the CEDING COMPANY shall send BMA an “Amended Reinsurance Cession”.
Appears in 3 contracts
Samples: Novation Agreement (Minnesota Life Variable Life Account), Novation Agreement (Minnesota Life Variable Life Account), Reinsurance Agreement (Utg Inc)
Individual Cession Business. Promptly after liability for reinsurance has begun on the individual risk the CEDING COMPANY shall send BMA a “"Reinsurance Cession”". Based on the information on the “"Reinsurance Cession”", BMA will prepare and send the CEDING COMPANY a “"Reinsurance Cession Card”". When reinsurance is reduced or changed the CEDING COMPANY shall send BMA an “"Amended Reinsurance Cession”".
Appears in 3 contracts
Samples: Reinsurance Agreement (Utg Inc), Facultative Reinsurance Agreement (Farm Bureau Life Variable Account), Reinsurance Agreement (Safeco Separate Account Sl)
Individual Cession Business. Promptly after liability for reinsurance has begun on the individual risk the CEDING COMPANY shall send BMA a “"Reinsurance Cession”". Based on the information on the “"Reinsurance Cession”", BMA will prepare and send the CEDING COMPANY a “Reinsurance "Client Individual Cession Card”Record Report". When reinsurance is reduced or changed the CEDING COMPANY shall send BMA an “"Amended Reinsurance Cession”".
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