RESERVE METHODOLOGY AND REPORTING. The parties intend that the Ceding Company will receive full statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company will provide a reserve summary for business reinsured under this agreement to the Reinsurer on an annual basis, along with a detailed description of its reserving assumptions and any changes in these assumptions applicable to each calendar year.
Appears in 6 contracts
Samples: Yrt Reinsurance Agreement (American National Variable Life Separate Account), Yrt Reinsurance Agreement (American National Variable Life Separate Account), Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account)
RESERVE METHODOLOGY AND REPORTING. The parties intend that the Ceding Company will receive full statutory reserve credit in its state of domicile for the insurance risks ceded to the Reinsurer. The parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company will provide a reserve summary for business reinsured under this agreement to the Reinsurer on an annual basis, along with a detailed description of its reserving assumptions and any changes in these assumptions applicable to each calendar yearstatement date.
Appears in 3 contracts
Samples: Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Renewable Term Reinsurance Agreement (American National Variable Life Separate Account)
RESERVE METHODOLOGY AND REPORTING. The parties intend that the Ceding Company will receive full statutory reserve credit in its state of domicile for the insurance risks ceded to the ReinsurerXXXX. The parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company will provide a reserve summary for business reinsured under this agreement to the Reinsurer XXXX on an annual a quarterly basis, along with a detailed description of its reserving assumptions and any changes in these assumptions applicable to each calendar year.
Appears in 1 contract
Samples: Automatic Yrt Reinsurance Agreement (National Variable Life Insurance Account)
RESERVE METHODOLOGY AND REPORTING. The parties intend that the Ceding Company will receive full statutory reserve credit in its state of domicile for the insurance risks ceded to the ReinsurerREINSURER. The parties agree to make all reasonable efforts to ensure that this is accomplished. The Ceding Company will provide a reserve summary for business reinsured under this agreement to the Reinsurer REINSURER on an annual a quarterly basis, along with a detailed description of its reserving assumptions and any changes in these assumptions applicable to each calendar year.
Appears in 1 contract
Samples: Automatic Yrt Reinsurance Agreement (National Variable Life Insurance Account)
