RETENTION LIMIT CHANGES. If the Company changes its retention limits, it will provide the Reinsurer with written notice of the new retention limits and the effective date. A change to the Company's Retention Limits in Exhibit D will not affect the Reinsured Policies in force at the time of such a change except as specifically provided for elsewhere in this Agreement.
RETENTION LIMIT CHANGES. 10.1 If the Ceding Company changes its maximum retention limits as shown in Exhibit A, it will provide MARC with written notice of the intended changes thirty (30) days in advance of their effective date. A change to the Ceding Company’s maximum retention limits will not affect the reinsured policies in force except as specifically provided elsewhere in this Agreement. Furthermore, unless agreed between the parties, an increase in the Ceding Company’s retention schedule will not effect an increase in the total risk amount that it may automatically cede to MARC.
RETENTION LIMIT CHANGES. 11.1 The Ceding Company reserves the right to change its retention limits as shown in Exhibit A − Retention Limits of the Ceding Company, in which case it will provide the Reinsurer with written notice of the intended changes ninety (90) days in advance of their effective date. For new business, the Ceding Company may increase the percentage used to determine its Retained Share under this Agreement, its Per Life Retention Limit, or both. A change to the Ceding Company's retention limits will not affect the reinsured policies in force except as provided for in Article 12.
RETENTION LIMIT CHANGES. If the Company changes its maximum retention limits as shown in Exhibit A, it will provide the Reinsurer with written notice of the intended changes ninety (90) days in advance of their effective date. A change to the Company's maximum retention limits will not affect the reinsured policies in force except as specifically provided elsewhere in this Agreement. Furthermore, unless agreed in writing, between the parties, an increase in the Company's retention schedule will not effect an increase in the total risk amount that it may automatically cede to the Reinsurer.
RETENTION LIMIT CHANGES. If the Ceding Company changes its retention limits as shown in Exhibit A, it will provide the Reinsurer with prompt written notice of the intended changes. A change to the Ceding Company’s retention limits will not affect policies reinsured under this Agreement except as specifically provided elsewhere in this Agreement. Furthermore, unless agreed between the parties, an increase in the Ceding Company’s retention limit will not increase the Automatic Binding Limits.
RETENTION LIMIT CHANGES. The Company’s Retention Limits for the purposes of this Agreement are set out in Exhibit E. The Company may change its Retention Limits for the purposes of this Agreement on new business being issued at any time by giving prior written notice to the Reinsurer of the new Retention Limits and the effective date of the new Retention Limits schedule. Upon a change in the Retention Limits, the reinsurance under this Agreement shall be maintained in force without reduction except as specifically provided for elsewhere in this Agreement.
RETENTION LIMIT CHANGES. 11.1 The Ceding Company reserves the right to change its retention limits as shown in Exhibit A - Retention Limits of the Ceding Company, in which case it will provide the Reinsurer with written notice of the intended changes thirty (30) days in advance of their effective date. The Ceding Company may increase the percentage used to determine its Retained Share under this Agreement, its Per Life Retention Limit, or both. A change to the Ceding Company's retention limits will not affect the reinsured policies in force except as provided for in Article 12. IDSL-NY VUL4/LP Select Treaty 18
RETENTION LIMIT CHANGES. The Ceding Company may increase its limit of retention and may elect, subject to the provisions of this Article, to continue the reinsurance inforce under this Agreement without change, or to reduce all eligible reinsurance inforce under this Agreement as set forth below. The increased limit of retention shall be effective with respect to reinsurance which is placed in effect on or after the effective date of the increase subsequent to the Ceding Company providing written notice to the Reinsurer of such increase and of its election to either continue or reduce reinsurance on inforce business. The retention limits of the Ceding Company as of the effective date of this Agreement are shown in Exhibit A – Retention Limits of the Ceding Company. If the Ceding Company changes its retention limits as shown in Exhibit A – Retention Limits of the Ceding Company, it will provide the Reinsurer with prompt written notice of the intended changes. A change to the Ceding Company’s retention limits will not affect policies reinsured under this Agreement except as specifically provided elsewhere in this Agreement. Furthermore, unless agreed between the Parties, an increase in the Ceding Company’s retention limit will not increase the Automatic Binding Limits. Whenever the Ceding Company increases its Maximum Retention Per Life as set forth in Exhibit A – Retention Limits of the Ceding Company, the Ceding Company will notify the Reinsurer of its intent to retention limits. If the Ceding Company has maintained its Maximum Retention Per Life for the plan and the insured’s issue age, sex, and mortality classification, it may apply its increased retention limits to reduce the amount of reinsurance in force as follows:
1. the reduction of reinsurance on affected policies will become effective on the policy anniversary date immediately following the ; however, no reduction will be made until a policy has been in force for at least twenty (20) policy years, for policies where the corporate maximum dollar retention was held at issue, up to the then current increased retention; and
2. if any policy reinsured on the life is , all policies reinsured on the life that are eligible for under the provisions of this Article must be up to the Ceding Company’s new Maximum Retention Per Life in a consistent manner, and the Ceding Company must increase its total amount of insurance on each reinsured life. The Ceding Company may not revoke its for policies becoming eligible at future anniversar...
RETENTION LIMIT CHANGES. 11.1 If the Ceding Company changes its retention limits as shown in Exhibit A - Retention Limits of the Ceding Company, it will provide the Reinsurer with written notice of the intended changes thirty (30) days in advance of their effective date. A change to the Ceding Company's retention limits will not affect the reinsured policies in force except as specifically provided elsewhere in this Agreement. Furthermore, unless agreed between the parties, an increase in the Ceding Company's retention schedule will not effect an increase in the total risk amount that it may automatically cede to the Reinsurer. IDSL-NY Succession Select Treaty
RETENTION LIMIT CHANGES. 14 ARTICLE 11 - RECAPTURE...........................................................................................15
