REINSURANCE ALLOWANCES Sample Clauses

REINSURANCE ALLOWANCES. The Reinsurer will pay to the Ceding Company the reinsurance allowance, if any, as shown in Schedule I. If any reinsurance premiums or installments of reinsurance premiums are returned to the Ceding Company, any corresponding reinsurance allowance previously credited to the Ceding Company, will be reimbursed to the Reinsurer.
Sample 1Sample 2Sample 3See All (25)
AutoNDA by SimpleDocs
REINSURANCE ALLOWANCES. The Reinsurer agrees to pay allowances for reinsurance ceded under this Agreement equal to the gross reinsurance premium times the appropriate allowance from the following table: Issue Age First Year Renewal Years 20 – 29 125% 27% 30 – 39 125% 39% 40 – 49 125% 39% 50 – 59 125% 29% 60 – 65 125% 13% I478580US-13 (06-01-2013) Stand-alone ADB (QT #06635US13)
Sample 1
REINSURANCE ALLOWANCES. Lincoln agrees to pay allowances for reinsurance ceded under this Agreement equal to the gross reinsurance premium times the appropriate allowance from the following table: Duration Plan Issue Ages 1 2+ 10 Year Term All [***] [***] 15 Year Term All [***] [***] 20 Year Term All [***] [***] Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by Symetra Financial Corp., this information has been filed separately with the Securities and Exchange Commission. Lincoln agrees to pay allowances equal to the Proportionate Share of any Policy fee times the allowance shown below: All Years [***] ADDITIONAL MONETARY AMOUNTS
Sample 1Sample 2
REINSURANCE ALLOWANCES. The Reinsurer agrees to pay allowances for reinsurance ceded under this Agreement equal to the gross reinsurance premium times the appropriate allowance from the following table: July 1, 2014 to December 31, 2014, subject, but not limited to, Articles 17.1, 17.2 and Section 14 below and barring mutual agreement by the Company and the Reinsurer: Issue Age* First Year Renewal Years 20 – 29 125% 19% 30 – 39 125% 31% 40 – 49 125% 32% 50 – 59 125% 21% * See Section 14, Special Conditions for Issues Ages of 60 and above. April 1, 2014 through June 30, 2014: Issue Age First Year Renewal Years 20 – 29 100% 36% 30 – 39 100% 45% 40 – 49 100% 46% 50 – 59 100% 41% 60 – 65 100% 18% June 1, 2013 through March 31, 2014: Issue Age First Year Renewal Years 20 – 29 125% 27% 30 – 39 125% 39% 40 – 49 125% 39% 50 – 59 125% 29% 60 – 65 125% 13%
Sample 1
REINSURANCE ALLOWANCES. The Reinsurer shall reimburse the following allowances: Minimum Lives Maximum Lives Allowances 3 15 32.0% 16 30 29.5% 31 40 27.0% 41 50 24.5% 51 60 22.0% 61 90 19.9% 91 120 17.8% 121 150 15.7% 151 300 11.7% 301 600 8.3% 600 1,500 5.2% 1,501 3,000 3.1% 3001 + 2.8%
Sample 1
REINSURANCE ALLOWANCES 
Sample 1Sample 2

Related to REINSURANCE ALLOWANCES

  • LIFE REINSURANCE The reinsurance premiums per $1000 are shown in Schedule B. Reinsurance premiums for renewals will be calculated using (1) the issue age of the insured under the policy, (2) the duration since issuance of the policy and (3) the current underwriting classification.

  • Reinsurance Reinsurance services including, but not limited to (i) agreement to reinsurance policy and/or contract wordings and endorsements to existing policies; (ii) processing of reinsurance policy cancellations, nonrenewals and endorsements and other amendatory addenda; (iii) collection of premiums due under reinsurance policies or contracts, audits and remittances; (iv) negotiation and purchase of reinsurance coverage; (v) administration of letters of credit and other arrangements for the provision of security; and (vi) administration of reinsurance contracts.

  • Insurance Costs Any and all insurance charges of or relating to all insurance policies and endorsements deemed by Landlord to be reasonably necessary or desirable and relating in any manner to the protection, preservation, or operation of the Building or any part thereof.

  • Insurance Contracts To the extent that any Welfare Plan is funded through the purchase of an insurance contract or is subject to any stop loss contract, the Parties shall cooperate and use their commercially reasonable efforts to replicate such insurance contracts for SpinCo or Parent as applicable (except to the extent that changes are required under applicable Law or filings by the respective insurers) and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such insurance contracts, pricing discounts, or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.06.

  • Reinsurance Premiums A. Computation Reinsurance Premiums under this Agreement shall be calculated as described in Exhibit I.

  • Severance Allowance In the event of a Control Termination of this Agreement, Executive may elect, within 60 days after such Control Termination, to be paid a lump sum severance allowance, in lieu of the termination payments provided for in Section 11 above, in an amount which is equal to the sum of the amounts determined in accordance with the following clauses (a) and (b):

  • Reinsurance Agreements Promptly, notice of any material change or modification to any Reinsurance Agreements or Surplus Relief Reinsurance Agreements whether entered into before or after the Closing Date including Reinsurance Agreements, if any, which were in a runoff mode on the Closing Date, which change or modification could have a Material Adverse Effect;

  • Expense Allowance The Company shall reimburse the Executive for all reasonable and necessary expenses incurred by him from time to time in the performance of his duties hereunder, against receipts therefor in accordance with the then effective policies and requirements of the Company.

  • Payment of Reinsurance Premiums For automatic and facultative reinsurance, following the close of each calendar month, the Ceding Company will send the Reinsurer a statement and a listing of new business, changes and terminations. If a net reinsurance premium balance is payable to the Reinsurer, the Ceding Company will forward this balance within (60) sixty days after the close of each month. If a net reinsurance premium balance is payable to the Ceding Company, the balance due will be subtracted from the reinsurance premium payable by Ceding Company for the current month. The Reinsurer shall pay any remaining balance due the Ceding Company sixty days after the Ceding Company submits the statement.

  • Other Reinsurance The Company shall be permitted to carry other reinsurance, recoveries under which shall inure solely to the benefit of the Company and be entirely disregarded in applying all of the provisions of this Contract.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!