Common use of Reinsurer Representation Clause in Contracts

Reinsurer Representation. The Reinsurer represents to the Ceding Company that it was properly licensed or accredited in all jurisdictions in which the Ceding Company is licensed, accredited, or otherwise authorized to transact insurance business, so that the Reinsurance Credit shall be allowed. The Reinsurer shall notify the Ceding Company, as a material communication under Article XXIII, immediately upon learning of any change in, or loss of, such licensing or accreditation.

Appears in 5 contracts

Samples: Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)

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Reinsurer Representation. The Reinsurer represents to the Ceding Company that it was properly licensed or accredited in all jurisdictions in which the Ceding Company is licensed, accredited, or otherwise authorized to transact insurance business, so that the Reinsurance Credit shall be allowed. The Reinsurer shall notify the Ceding Company, as a material communication under Company in accordance with Article XXIII, immediately upon learning of any change in, or loss of, such licensing or accreditation.

Appears in 4 contracts

Samples: Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii)

Reinsurer Representation. The Reinsurer represents to the Ceding Company that that, as of the Effective Date of the Agreement, it was properly licensed or accredited in all jurisdictions in which the Ceding Company is licensed, accredited, or otherwise authorized to transact insurance business, so Allocated Retention Pool -- Effective 10/1/2008 Between HLIC and Swiss Re that the Reinsurance Credit shall be allowed. The Reinsurer shall notify the Ceding Company, as a material communication under Article XXIII, immediately upon learning of any change in, or loss of, such licensing or accreditation.

Appears in 3 contracts

Samples: Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co), Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)

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Reinsurer Representation. The Reinsurer represents to the Ceding Company that that, as of the Effective Date of the Agreement, it was properly licensed or accredited in all jurisdictions in which the Ceding Company is licensed, accredited, or otherwise authorized to transact insurance business, so Allocated Retention Pool -- Effective 10/1/2008 Between ILA and Swiss Re that the Reinsurance Credit shall be allowed. The Reinsurer shall notify the Ceding Company, as a material communication under Article XXIII, immediately upon learning of any change in, or loss of, such licensing or accreditation.

Appears in 2 contracts

Samples: Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)

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