RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule II. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.
RETENTION OF THE CEDING COMPANY. See Schedule II, Retention
RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date. All reinsurance to which the provisions of this Agreement apply will be effected in the same currencies as that expressed in the Original Policies and as shown in Schedule I.
RETENTION OF THE CEDING COMPANY. 1) Except as permitted by this Section, the Ceding Company is obligated to retain for its own account the share of the Policies not reinsured by the Reinsurer and is not entitled to adjust, sell, reinsure, assign, charge, or alienate its retention under this Agreement in any way without the Reinsurer’s prior written consent, which consent may be withheld in the Reinsurer’s sole discretion. If the Ceding Company seeks any such reinsurance, the Ceding Company shall inform and seek the Reinsurer’s prior written consent accordingly. The foregoing shall in no way apply to any excess of loss coverage covering the Policies in the excess of the limit of liability of USD [***] at [***]% per person per year including the Medical Per Person Excess of Loss Reinsurance Agreement and any replacement thereof.
RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company’s Retention on any one life is shown in Schedule II. In determining the Retention on each case, any additional benefits on the same life will be taken into account, as will the death benefit under any other policies existing at the time of commencement of the policy Ceded under this Agreement. The Ceding Company may change its Retention with respect to future new business at any time. The Ceding Company will promptly notify the Reinsurer of such change and its effective date. The Ceding Company may not reinsure the retained amounts specified in Schedule II on any basis without the Reinsurer’s prior written agreement. The Ceding Company will notify the Reinsurer in advance and in writing of any plans to reinsure previously retained amounts under this Agreement.
RETENTION OF THE CEDING COMPANY. See Schedule II
RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company’s retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement.
RETENTION OF THE CEDING COMPANY. 1) Except as permitted by this Section, the Ceding Company is obligated to retain for its own account no less than [***]% of the share of liabilities in respect of the Policies set forth in Annex 1 – Scope and in compliance with the Policy Documentation, and is not entitled to adjust, sell, reinsure, assign, charge, or alienate its retention under this Agreement in any way that would reduce this retention to less than [***]% without the Reinsurer’s prior written consent, which consent may be withheld in the Reinsurer’s sole discretion. If the Ceding Company seeks any such reinsurance that reduces its retention to less than [***]%, the Ceding Company shall inform and seek the Reinsurer’s prior written consent accordingly. The foregoing shall in no way apply to any excess of loss coverage covering the Policies in the excess of the limit of liability of USD [***] at [***]% per person per year including the Medical Per Person Excess of Loss Reinsurance Agreement and any replacement thereof.
