Common use of QUARTERLY RESERVE AND VALUATION INFORMATION Clause in Contracts

QUARTERLY RESERVE AND VALUATION INFORMATION. The reserve held by Continental for reinsurance of the variable annuity death benefit will be determined in accordance with the NAIC Actuarial Guideline XXXIV, but in no event less than the required statutory reserve in the state of domicile of the Ceding Company or such other state in which it conducts business.

Appears in 3 contracts

Samples: Novation Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities), Reinsurance Agreement (Ge Life & Annuity Assurance Co Iv), Ge Capital Life Separate Account Ii

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QUARTERLY RESERVE AND VALUATION INFORMATION. The reserve held by Continental for reinsurance of the variable annuity death benefit will be determined in accordance with the NAIC Actuarial Guideline XXXIV, but in no event less than the required statutory reserve in the state of domicile of the Ceding Company or such other state in which it conducts business.conducts

Appears in 1 contract

Samples: Reinsurance Agreement (Talcott Resolution Life & Annuity Insurance Co Separate Account One)

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