Common use of Reserve Strengthening Clause in Contracts

Reserve Strengthening. Any increase in reserves resulting from a reserve strengthening with respect to the annuities reinsured hereunder will be paid by the Ceding Company to the Reinsurer at the end of the Accounting Period during which the reserve strengthening occurs.

Appears in 2 contracts

Samples: Reinsurance Agreement (North American Security Life Insurance Co), Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)

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Reserve Strengthening. Any increase in reserves resulting from a reserve strengthening with respect applicable to the annuities reinsured hereunder business ceded under this Agreement that is implemented by the Ceding Company on a discretionary basis will be paid by the Ceding Company to the Reinsurer at the end of the Accounting Period during which the reserve strengthening occurs.

Appears in 1 contract

Samples: Reinsurance Agreement (SBL Variable Annuity Account Xiv)

Reserve Strengthening. Any increase in reserves resulting from applicable to the business ceded under this Agreement that is a result of reserve strengthening with respect to the annuities reinsured hereunder will be paid by the Ceding Company to the Reinsurer at the end of the Accounting Period during which the reserve strengthening occurs.

Appears in 1 contract

Samples: Reinsurance Agreement (Separate Account a of Pacific Life Insurance Co)

Reserve Strengthening. Any increase in reserves resulting from a reserve --------------------- strengthening with respect to the annuities Policies reinsured hereunder will be paid by the Ceding Company to the Reinsurer at the end of the Accounting Period during which the reserve strengthening occurs.

Appears in 1 contract

Samples: Reinsurance Agreement (General American Separate Account Two)

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Reserve Strengthening. Any increase in reserves resulting from a reserve strengthening with respect to the annuities reinsured hereunder will be paid by the Ceding Company to the Reinsurer at the end of the Accounting Period during which the reserve strengthening occurs. This Paragraph applies to strengthening of statutory reserves, required or voluntary increased contributions to any special valuation reserve(s), and changes in the methodology for the determination of any special valuation reserves(s).

Appears in 1 contract

Samples: Reinsurance Agreement (Liberty Financial Companies Inc /Ma/)

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