Common use of RESERVES FOR REINSURANCE Clause in Contracts

RESERVES FOR REINSURANCE. Reserves for this YRT Agreement shall be based on 1/2cx using the minimum valuation mortality table and maximum valuation interest rate. The statutory reserve basis for the reinsurance will be shown on the reserve credit summary provided each quarter.

Appears in 10 contracts

Samples: Automatic and Facultative Reinsurance Agreement (Union Security Insurance Co Variable Account C), Automatic and Facultative Reinsurance Agreement (Ids Life Variable Life Separate Account), Automatic and Facultative Reinsurance Agreement (Ids Life Variable Life Separate Account)

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RESERVES FOR REINSURANCE. Reserves for this YRT Agreement shall be based on 1/2cx l/2c//x// using the minimum valuation mortality table and maximum valuation interest rate. The statutory reserve basis for the reinsurance will be shown on the reserve credit summary provided each quarter.

Appears in 4 contracts

Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)

RESERVES FOR REINSURANCE. Reserves for this YRT Agreement shall be based on 1/2cx 1/2cx, using the minimum valuation mortality table and maximum valuation interest rate. The statutory reserve basis for the reinsurance will be shown on the reserve credit summary provided each quarter.

Appears in 1 contract

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (National Variable Life Insurance Account)

RESERVES FOR REINSURANCE. Reserves for this YRT Agreement shall be based on 1/2cx 1/2c[BASE OF x], using the minimum valuation mortality table and maximum valuation interest rate. The statutory reserve basis for the reinsurance will be shown on the reserve credit summary provided each quarter.

Appears in 1 contract

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Mony America Variable Account L)

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RESERVES FOR REINSURANCE. Reserves for this YRT Agreement shall be based on 1/2cx l/2cx using the minimum valuation mortality table and maximum valuation interest rate. The statutory reserve basis for the reinsurance will be shown on the reserve credit summary provided each quarter.

Appears in 1 contract

Samples: Automatic and Facultative Reinsurance Agreement (Ids Life of New York Account 8)

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