Reinsurance Administration. A. Reinsurance shall be ceded using an individual cession basis. Reinsurance premiums shall be paid annually, but if a reinsurance policy is terminated or reduced in accordance with the provisions of this Agreement, the North American Re shall refund to the Company the unearned portion of the reinsurance premium.
Appears in 6 contracts
Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)