Modified Coinsurance Reserve. The term "Modified Coinsurance Reserve," as used in this Agreement, means the statutory reserve held by the Ceding Company with respect to the annuities reinsured hereunder.
Appears in 2 contracts
Samples: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)
Modified Coinsurance Reserve. The term "Modified Coinsurance Reserve," as ---------------------------- used in this Agreement, means the statutory reserve held by the Ceding Company with respect to the annuities portion of the Policies reinsured hereunder.
Appears in 1 contract
Samples: Reinsurance Agreement (General American Separate Account Two)
Modified Coinsurance Reserve. The term "Modified Coinsurance Reserve," as used in this Agreement, means a quota share of the statutory reserve held by the Ceding Company with respect to that portion of the annuities reinsured hereunder. The statutory reserve will be determined by the Commissioners Annuity Reserve Valuation Method.
Appears in 1 contract
Samples: Reinsurance Agreement (Hartford Life Insurance Co Separate Account Two)
