Unearned Premium Reserve. Actuaries for REINSURER and CEDENT shall determine as of the Valuation Date, on the daily pro-rata basis, the unearned premium reserve (“Unearned Premium Reserve”). The Unearned Premium Reserve shall be deducted from the Coinsurance Premium.
Appears in 4 contracts
Samples: Coinsurance Agreement (Utg Inc), Coinsurance Agreement (Utg Inc), Coinsurance Agreement (Utg Inc)
