Common use of Multiple Reinsurers Clause in Contracts

Multiple Reinsurers. If a risk is shared by more than one reinsurer, the Reinsurer's percentage of any increased or reduced reinsurance will be the same as its initial percentage of the reinsurance for that risk.

Appears in 20 contracts

Samples: Reinsurance Agreement Effective December (Hartford Life & Annuity Ins Co Separate Acount Vlii), Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii)

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Multiple Reinsurers. If reinsurance of a risk is shared by more than one reinsurer, the Reinsurer's percentage of any increased or reduced reinsurance will be the same as its initial percentage of the reinsurance for that riskrisk unless specified otherwise in Schedule B or agreed upon by the Reinsurer.

Appears in 10 contracts

Samples: Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co), Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)

Multiple Reinsurers. If a risk is shared by more than one reinsurerReinsurer, the Reinsurer's percentage of any increased or reduced reinsurance will be the same as its initial percentage of the reinsurance for that risk.

Appears in 10 contracts

Samples: Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)

Multiple Reinsurers. If a risk is shared by more than one reinsurer, the Reinsurer's percentage of any increased or reduced reinsurance will be the same as its initial percentage of the reinsurance for that risk.

Appears in 4 contracts

Samples: Automatic Yearly Renewable Term (Itt Hartford Life & Annuity Insurance Co Sep Account Vl I), Automatic Yearly Renewable Term (Hartford Life Insurance Co), Automatic Yearly Renewable Term (Itt Hartford Life & Annuity Insurance Co Sep Account Vl I)

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Multiple Reinsurers. If a risk is shared by more than one reinsurerReinsurer, the Reinsurer's percentage of any 8 increased or reduced reinsurance will be the same as its initial percentage of the reinsurance for that risk.

Appears in 2 contracts

Samples: Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Automatic Yearly Renewable Term (Separate Account Vl I of Hartford Life Insurance Co)

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