INFORMATION; AUDITS. (a) The Ceding Company shall provide to the Reinsurer all material information available to it relating to the AFLIAC Liabilities and PL Liabilities and, the Reinsurer agrees to keep such information confidential in accordance with Section 3.5 hereof. Notwithstanding the foregoing, the Ceding Company shall not be required to share any information with the Reinsurer to the extent that (x) the Ceding Company is subject to a confidentiality agreement with respect to such information, or (y) the Ceding Company is prohibited from sharing such information with the Reinsurer pursuant to any applicable law relating to the privacy of non-public personal information or otherwise. Failure to provide any such information, or include any claim, policy form or other information relating to the Reinsured Liabilities, shall not affect the reinsurance coverage provided for by this Agreement. The Reinsurer shall be responsible for any out-of-pocket costs, expenses and payments (including, without limitation, any fees required in seeking a waiver of confidentiality) in connection with obtaining and providing any such material information or seeking a waiver of any confidentiality pursuant to this Section 3.5(a). (b) The Reinsurer, or its duly authorized legal, accounting, and actuarial representatives, shall have access, at reasonable times and upon reasonable notice during the term of this Agreement, to books and records maintained by the Ceding Company which pertain to the reinsurance provided under this Agreement and the employees, accountants and other relevant advisors of the Ceding Company. The Reinsurer shall bear its own expenses in connection with such access and shall promptly reimburse the Ceding Company for any out-of- pocket expenses incurred by the Ceding Company in connection with such access by the Reinsurer and its representatives.
Appears in 1 contract
Samples: Coinsurance Agreement (Separate Account Va-K of Commonwealth Annuity & Life Insurance Co)
INFORMATION; AUDITS. (a) The Ceding Company shall provide to the Reinsurer all material information available to it relating to the AFLIAC FLIC Liabilities or the FH Liabilities and PL Liabilities and, the Reinsurer agrees to keep such information confidential in accordance with Section 3.5 3.6 hereof. Notwithstanding the foregoing, the Ceding Company shall not be required to share any information with the Reinsurer to the extent that (x) the Ceding Company is subject to a confidentiality agreement with respect to such information, or (y) the Ceding Company is prohibited from sharing such information with the Reinsurer pursuant to any applicable law Applicable Law relating to the privacy of non-public personal information or otherwise. Failure to provide any such information, or include any claim, policy form or other information relating to the Reinsured FLIC Liabilities or the FH Liabilities, shall not affect the reinsurance coverage provided for by this Agreement. The Reinsurer shall be responsible for any out-of-pocket costs, expenses and payments (including, without limitation, any fees required in seeking a waiver of confidentiality) in connection with obtaining and providing any such material information or seeking a waiver of any confidentiality pursuant to this Section 3.5(a).
(b) The Reinsurer, or its duly authorized legal, accounting, and actuarial representatives, shall have access, at reasonable times and upon reasonable notice during the term of this Agreement, to books and records maintained by the Ceding Company which pertain to the reinsurance provided under this Agreement and the employees, accountants and other relevant advisors of the Ceding Company. The Reinsurer shall bear its own expenses in connection with such access and shall promptly reimburse the Ceding Company for any out-of- of-pocket expenses incurred by the Ceding Company in connection with such access by the Reinsurer and its representatives.
Appears in 1 contract
INFORMATION; AUDITS. (a) The Ceding Company shall provide to the Reinsurer all material information available to it relating to the AFLIAC Liabilities and PL Covered Liabilities and, the Reinsurer agrees to keep such information confidential in accordance with Section 3.5 3.4 hereof. Notwithstanding the foregoing, the Ceding Company shall not be required to share any information with the Reinsurer to the extent that (x) the Ceding Company is subject to a confidentiality agreement with respect to which prohibits the sharing of such information, or (y) the Ceding Company is prohibited from sharing such information with the Reinsurer pursuant to any applicable law relating to the privacy of non-public personal information or otherwise. Failure to provide any such information, or include any claim, policy form or other information relating to the Reinsured Covered Liabilities, shall not affect the reinsurance coverage provided for by this Agreement. The Reinsurer shall be responsible for any out-of-pocket costs, expenses and payments (including, without limitation, any fees required in seeking a waiver of confidentiality) in connection with obtaining and providing any such material information or seeking a waiver of any confidentiality pursuant to this Section 3.5(a3.3(a).
(b) The Reinsurer, or its duly authorized legal, accounting, and actuarial representatives, shall have access, at reasonable times and upon reasonable notice during the term of this Agreement, to books and records maintained by the Ceding Company which pertain to the reinsurance provided under this Agreement and the employees, accountants and other relevant advisors of the Ceding Company. The Reinsurer shall bear its own expenses in connection with such access and shall promptly reimburse the Ceding Company for any out-of- of-pocket expenses incurred by the Ceding Company in connection with such access by the Reinsurer and its representatives.
Appears in 1 contract
Samples: Reinsurance Agreement (Forethought Life Insurance Co Separate Account A)
INFORMATION; AUDITS. (a) The Ceding Company shall provide to the Reinsurer all material information available to it relating to the AFLIAC Liabilities and PL Reinsured Liabilities and, the Reinsurer agrees to keep such information confidential in accordance with Section 3.5 hereof. Notwithstanding the foregoing, the Ceding Company shall not be required to share any information with the Reinsurer to the extent that (x) the Ceding Company is subject to a confidentiality agreement with respect to such information, or (y) the Ceding Company is prohibited from sharing such information with the Reinsurer pursuant to any applicable law relating to the privacy of non-public personal information or otherwise. Failure to provide any such information, or include any claim, policy form or other information relating to the Reinsured Liabilities, shall not affect the reinsurance coverage provided for by this Agreement. The Reinsurer shall be responsible for any out-of-pocket costs, expenses and payments (including, without limitation, any fees required in seeking a waiver of confidentiality) in connection with obtaining and providing any such material information or seeking a waiver of any confidentiality pursuant to this Section 3.5(a3.4(a).
(b) The Reinsurer, or its duly authorized legal, accounting, and actuarial representatives, shall have access, at reasonable times and upon reasonable notice during the term of this Agreement, to books and records maintained by the Ceding Company which pertain to the reinsurance provided under this Agreement and the employees, accountants and other relevant advisors of the Ceding Company. The Reinsurer shall bear its own expenses in connection with such access and shall promptly reimburse the Ceding Company for any out-of- of-pocket expenses incurred by the Ceding Company in connection with such access by the Reinsurer and its representatives.
Appears in 1 contract
Samples: Coinsurance Agreement (Separate Account Va-K of Commonwealth Annuity & Life Insurance Co)