REINSURANCE CLAIMS. For each Accounting Period, Reinsurance Claims includes all benefits paid or accrued under the Reinsured Contracts. For these purposes, benefits paid or accrued under the Reinsured Contracts include, but are not limited to:
REINSURANCE CLAIMS. Subsequent to the Effective Date, the Reinsurer will reimburse the Ceding Company for all Reinsurance Claims, which includes all benefits paid under the Reinsured Contracts, less claim reimbursements accrued by the Ceding Company under Other Reinsurance, during the Accounting Period. Except as noted in Section 4.02, the Reinsurer will pay the benefits on all Reinsurance Claims in the same form of settlement by the Ceding Company. Benefits paid under the Reinsured Contracts include, but are not limited to:
REINSURANCE CLAIMS. From the Effective Date, an amount equal to the aggregate amounts payable by (or on behalf of) PLAE to (or on behalf of) policyholders in respect of the Reinsured Liabilities having regard to the terms of paragraph 16 of the PLAE 2022 Scheme (the "Claim Amount") shall become due for payment (subject to Clause 11 (Business Oversight)) by PLL to PLAE by the end of the month following PLAE providing PLL with written notice of such Claim Amount, or, if later, the payment date specified in such notice. The Claim Amount shall be payable in accordance with Clause 7 (Net Amounts).
REINSURANCE CLAIMS. Covered Losses and the amounts, if any, due from the Reinsurer. The balance after offset due to a party by 8. the other party with respect to any calendar quarter shall be paid (i) if to the Company, within 15 days following the receipt by the Reinsurer of the quarterly report delivered for such calendar quarter end (ii) if to the Reinsurer, within 45 days after the end of the calendar quarter and as an accompaniment to the quarterly report delivered for such calendar quarter.
REINSURANCE CLAIMS a. Death benefits ------------ b. Surrenders and withdrawals ------------ c. Annuity Payments ------------ d. Other benefits (list separately by type) ------------ 3. Commissions & premium tax ------------ 4. Modco reserve adjustment ------------ Net Accounting Settlement (1)-(2)-(3)-(4) ------------ Schedule 8.02(b) ---------------- None. Schedule 8.02(c) ----------------
REINSURANCE CLAIMS. The Reinsurer will reimburse the Ceding Company for the Quota Share Percentage of Policy benefits paid or accrued by the Ceding Company to policyholders during the Accounting Period in accordance with this Article IV (the "Reinsurance Claims"), including but not limited to Death Claims, Surrenders, Annuitization Claims, Income Benefit Claims and Withdrawal Benefit Claims. Reinsurance Claims paid and payable under this Agreement shall be computed net of amounts recovered and recoverable under the Third Party Reinsurance Agreements in effect as of the date of this Agreement. Such reimbursement shall be paid in accordance with Article VI -
REINSURANCE CLAIMS. 4.1 From the Effective Date, an amount equal to the aggregate amounts payable by (or on behalf of) PLAE to (or on behalf of) policyholders in respect of the Reinsured Liabilities having regard to the terms of paragraph 16 of the PLAE 2022 Scheme (the "Claim Amount" except that for SPI NPF GAO Policies the Claim Amount shall in addition include the SPI NPF GAO Claim Amount) shall become due for payment (subject to Clause 11 (Business Oversight)) by PLL to PLAE by the end of the month following PLAE providing PLL with written notice of such Claim Amount, or if later, the payment date specified in such notice. The Claim Amount shall be payable in accordance with Clause 7 (Net Amounts).
4.2 Where a "Deposit" is required to be made from the PLAE SPI WP Fund in accordance with the PLAE 2022 Scheme (which applies where the PLAE Head of Actuarial Function, having obtained and had regard to the views of the PLL Chief Actuary, determines from time to time that liabilities in respect of the guaranteed annuity options applying to policies transferred to PLAE under the PLAE 2022 Scheme which are linked policies are required under Applicable Law to be matched by assets within a linked fund of the PLAE Non-Profit Fund, referred to as the "Deposit" in this Clause 4.2):
4.2.1 assets of such amount as the PLAE Head of Actuarial Function shall determine shall be transferred from the PLL SPI WP Fund to the PLAE SPI WP Fund in order to be used by PLAE to fund the requirement to make the Deposit;
4.2.2 if the PLAE Head of Actuarial Function, having obtained and had regard to the views of the PLL Chief Actuary, determines, from time to time, that assets deposited by the PLAE SPI WP Fund with the PLAE Non-Profit Fund are no longer required to be held in the PLAE Non-Profit Fund in order to satisfy the requirements of the PLAE 2022 Scheme, assets of such amount as the PLAE Head of Actuarial Function determines are excess shall be transferred from the PLAE SPI WP Fund to the PLL SPI WP Fund and the Deposit shall be
REINSURANCE CLAIMS. Covered Losses and the amounts, if any, due from the Reinsurer. Within 30 days after receipt of such report, the Reinsurer will remit any amounts due the Company.
REINSURANCE CLAIMS. Death benefits ----------- b. Surrenders and withdrawals ----------- c. Annuity Payments ----------- d. Other benefits (list separately by type) ----------- 3. Commissions & premium tax ----------- 4. Modco reserve adjustment ----------- Net Accounting Settlement (1)-(2)-(3)-(4) ----------- Schedule 8.02(b) ---------------- None. Schedule 8.02 (c) ----------------- Novated Reinsurance: Treaty NAIC Effective Reinsurer Name Code Fed ID Date TREATY ID(S) Generali USA Life Reassurance Company 97071 13-3126819 8/1/1992 17613/10000 Xxxxxa Life Assurance Company 80659 38-0397420 7/1/2001 18067/10000 Xxxxxal Re Life Corporation 86258 13-2572994 4/1/2003 17796/10000 Xxxxxh American Reassurance Company 66346 58-0828824 4/5/1999 18032/10000/ 18034/18035 Munich American Reassurance Company 66346 58-0828824 1/19/2005 17356/10000/ 17368/17374/ 17380/17386/ 17392/17398/ 17404/19342/ 19349/19356/ 19363/19370/ 19377/19384/ 19391/19397 Munich American Reassurance Company 66346 58-0828824 1/1/1996 17709/10000 Xxxxxh American Reassurance Company 66346 58-0828824 10/1/1996 17748/10000 Xxxxxh American Reassurance Company 66346 58-0828824 5/12/1997 17764/10000 Xxxxxum Re Insurance Company 88099 75-1608507 8/1/2004 18107/10000 41 17355/17361/ 17367/17373/ 17379/17385/ 17391/17397/ 17403/19344/ 19351/19358/ 19365/19372/ 19379/19386/ Optimum Re Insurance Company 88099 75-1608507 1/19/2005 19393/10000 Xxxxxic Life Insurance Company 67466 95-1079000 9/16/2002 17788/10000 XXX XEINSURANCE COMPANY 93572 43-1235868 10/15/2003 18036/10000 17357/17363/ 17369/17375/ 17381/17387/ 17393/17399/ 17405/19343/ 19350/19357/ 19364/19371/ 19378/19385/ RGA REINSURANCE COMPANY 93572 43-1235868 1/19/2005 19392/10000 XXX XEINSURANCE COMPANY 93572 43-1235868 11/1/1982 17551 RXX XXXXXXXANCE COMPANY 93572 43-1235868 1/1/1994 17635 RXX XXXXXXXANCE COMPANY 93572 43-1235868 6/1/1995 17678 RXX XXXXXXXANCE COMPANY 93572 43-1235868 5/12/1997 17766/10000 XXX XEINSURANCE COMPANY 93572 43-1235868 9/16/2002 17790/10000 Xxxxxity Life of Denver Insurance Company 68713 84-0499703 4/1/2003 17798/10000 Xxxxxity Life of Denver Insurance Company 68713 84-0499703 6/1/1991 17590 Sxxxxxxx Xxfe of Denver Insurance Company 68713 84-0499703 6/1/1994 17643/10000 Xxxxxity Life of Denver Insurance Company 68713 84-0499703 6/1/1995 17689/10000 42 Security Life of Denver Insurance Company 68713 84-0499703 1/1/1996 17711/10000 Xxxxxity Life of Denver Insurance Company 68713 84-0499703 10/1/1996 17750/10000 Xxxxxity Life of Denver Insu...
REINSURANCE CLAIMS. The Reinsurer will reimburse the Company for all Reinsurance Claims (as defined in Schedule E) paid by the Company after the Effective Date with respect to the Reinsured Contracts. Reinsurance Claims shall be settled in accordance with Sections 10i and 10j.
