Common use of QUARTERLY INFORCE AND RESERVE LISTING Clause in Contracts

QUARTERLY INFORCE AND RESERVE LISTING. Within ten (10) days after the close of each calendar quarter, the Company will furnish Life Re with a listing of reinsurance in force by policy, by year of issue and include statutory reserves for the same. The listing must show sufficient detail such that reserve calculations can be independently verified by Life Re's auditors and examiners. The listing should be segregated into first year issues and renewals and should provide the following information: (1) 1 through 19 in 2.A above For the fourth quarter, Federal Income Tax reserves must also be furnished. They may be included in the fourth quarter statutory report or they may be submitted separately, but in the same format as the statutory report.

QUARTERLY INFORCE AND RESERVE LISTING. Within ten (10) days after the close of each calendar quarter, the Company will furnish Life Re the Reinsurer with a listing of reinsurance in force by policy, by year of issue and include statutory reserves for the same. The listing must show sufficient detail such that reserve calculations can be independently verified by Life Rethe Reinsurer's auditors and examiners. The listing should be segregated into first year issues and renewals and should provide the following information: (1) 1 through 19 20 in 2.A above For the fourth quarter, Federal Income Tax reserves must also be furnished. They may be included in the fourth quarter statutory report or they may be submitted separately, but in the same format as the statutory report.