Common use of REINSURANCE REPORTING Clause in Contracts

REINSURANCE REPORTING. A. Accounting Statements and Other Reports Within thirty (30) days after the close of each calendar month, the Ceding Company shall provide the Reinsurer an accounting statement. The Ceding Company shall also provide the Reinsurer with additional reports as provided in Exhibit VII. For Automatic Reinsurance becoming effective during the calendar month, the Ceding Company will notify the Reinsurer of such new reinsurance business in the succeeding monthly report. However, the first three monthly reports under this Agreement will be sent within one hundred twenty (120) days after the due date of the first monthly report. The Ceding Company may provide an estimate Net Amount at Risk for new reinsurance business in the first monthly report in which such business appears. In the event that the Ceding Company provides an estimated Net Amount at Risk, it shall provide an actual Net Amount at Risk in subsequent monthly reports. Additional reports reasonably requested by a Party will be provided by the other Party in a timely manner. Allocated Retention Pool (Non-Excess Risks) -- Effective October 1, 2008 Between Canada Life xxx XXXXX

Appears in 2 contracts

Samples: Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)

AutoNDA by SimpleDocs

REINSURANCE REPORTING. A. Accounting Statements and Other Reports Within thirty (30) days after the close of each calendar month, the Ceding Company shall provide the Reinsurer an accounting statement. The Ceding Company shall also provide the Reinsurer with additional reports as provided in Exhibit VII. For Automatic Reinsurance becoming effective during the calendar month, the Ceding Company will notify the Reinsurer of such new reinsurance business in the succeeding monthly report. However, the first three monthly reports under this Agreement will be sent within one hundred twenty (120) days after the due date of the first monthly report. The Ceding Company may provide an estimate Net Amount at Risk for new reinsurance business in the first monthly report in which such business appears. In the event that the Ceding Company provides an estimated Net Amount at Risk, it shall provide an actual Net Amount at Risk in subsequent monthly reports. Additional reports reasonably requested by a Party will be provided by the other Party in a timely manner. Allocated Retention Pool (Non-Excess Risks) -- Effective October 1, 2008 Between Canada Life xxx XXXXXXXXX

Appears in 1 contract

Samples: Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co)

AutoNDA by SimpleDocs

REINSURANCE REPORTING. A. Accounting Statements and Other Reports Within thirty (30) days after the close of each calendar month, the Ceding Company shall provide the Reinsurer an accounting statement. The Ceding Company shall also provide the Reinsurer with additional reports as provided in Exhibit VII. For Automatic Reinsurance becoming effective during the calendar month, the Ceding Company will notify the Reinsurer of such new reinsurance business in the succeeding monthly report. However, the first three monthly reports under this Agreement will be sent within one hundred twenty (120) days after the due date of the first monthly report. The Ceding Company may provide an estimate Net Amount at Risk for new reinsurance business in the first monthly report in which such business appears. In the event that the Ceding Company provides an estimated Net Amount at Risk, it shall provide an actual Net Amount at Risk in subsequent monthly reports. Additional reports reasonably requested by a Party will be provided by the other Party in a timely manner. Allocated Retention Pool (Non-Excess Risks) -- Effective October 1, 2008 Between Canada Life xxx XXXXXand HLAIC

Appears in 1 contract

Samples: Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)

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