Minimum. CESSION There are no minimum initial cession limits under this Agreement. The Ceding Company will retain up to an additional [percentage] over its maximum retention in order to avoid trivial amounts of reinsurance.
Appears in 4 contracts
Samples: Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account), Reinsurance Agreement (Ids Life of New York Account 8), Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8)
Minimum. CESSION There are no minimum initial cession limits under this Agreement. The Ceding Company will retain up to an additional [percentage] 10% over its maximum retention in order to avoid trivial amounts of reinsurance.
Appears in 3 contracts
Samples: Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account), Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8), Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8)
