RESERVE CREDIT. The Reinsurer shall establish and maintain reserves with respect to ceded Policy liabilities that equal or exceed the Reinsurer's proportionate share of the reserve credit taken by the Ceding Company. The Ceding Company shall on an annual basis provide the Reinsurer with a reserve summary for ceded Policy liabilities hereunder. This annual reserve summary shall include the opinion of the Ceding Company's actuary applicable to such Policy liabilities.
Appears in 10 contracts
Samples: Automatic and Facultative Yrt Agreement (Metlife Investors Variable Life Account Five), Automatic and Facultative Yrt Agreement (General American Life Insurance Co Separate Account Eleven), Automatic and Facultative Yrt Agreement (Metlife Investors Variable Life Account Five)
