YRT Reinsurance Premiums Sample Clauses

YRT Reinsurance Premiums. The Reinsurance Rates set forth below apply to both Automatic and Facultative business. The YRT Reinsurance premiums are payable annually in advance. Age Basis is Age Nearest Birthday. Premium rates are applied per 1000 of the Reinsurer’s proportional share of the Net Amount at Risk (NAAR) as defined below in item 9 of this Schedule. Standard YRT Reinsurance Premiums are as follows: For attained age up to and including 99, the standard reinsurance premium rates will be based on the SOA 75-80, Select and Ultimate, ANB Mortality with Manulife’s Age Extension, shown in Exhibit A.3, multiplied by the pay percentages shown in Exhibit A.2. For attained age 100 and above, the standard reinsurance premium rates will be 50% of the 2001 Valuation Basic Table, ANB, Ultimate, M/F, NS/SM Mortality rates shown in Exhibit A.4. Reinsurance Premium Rates for the “Standard (smoker)” Underwriting Class based on the SOA 75-80, Select and Ultimate, ANB Mortality with Manulife’s Age are capped at $600.00 per $1000.
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YRT Reinsurance Premiums. Summary C-[1] (for the Group [1] Plans listed in the Plan Description Table in Exhibit A):

Related to YRT Reinsurance Premiums

  • Reinsurance Premiums A. Computation Reinsurance Premiums under this Agreement shall be calculated as described in Exhibit I.

  • Payment of Reinsurance Premiums For automatic and facultative reinsurance, following the close of each calendar month, the Ceding Company will send the Reinsurer a statement and a listing of new business, changes and terminations. If a net reinsurance premium balance is payable to the Reinsurer, the Ceding Company will forward this balance within (60) sixty days after the close of each month. If a net reinsurance premium balance is payable to the Ceding Company, the balance due will be subtracted from the reinsurance premium payable by Ceding Company for the current month. The Reinsurer shall pay any remaining balance due the Ceding Company sixty days after the Ceding Company submits the statement.

  • REINSURANCE PREMIUM A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Insurance Costs Any and all insurance charges of or relating to all insurance policies and endorsements deemed by Landlord to be reasonably necessary or desirable and relating in any manner to the protection, preservation, or operation of the Building or any part thereof.

  • Forced-Placed Insurance Premiums No contract relating to any Receivable has had forced-placed insurance premiums added to the amount financed.

  • LIFE REINSURANCE The reinsurance premiums per $1000 are shown in Schedule B. Reinsurance premiums for renewals will be calculated using (1) the issue age of the insured under the policy, (2) the duration since issuance of the policy and (3) the current underwriting classification.

  • Insurance Contracts To the extent that any Welfare Plan is funded through the purchase of an insurance contract or is subject to any stop loss contract, the Parties shall cooperate and use their commercially reasonable efforts to replicate such insurance contracts for SpinCo or Parent as applicable (except to the extent that changes are required under applicable Law or filings by the respective insurers) and to maintain any pricing discounts or other preferential terms for both Parent and SpinCo for a reasonable term. Neither Party shall be liable for failure to obtain such insurance contracts, pricing discounts, or other preferential terms for the other Party. Each Party shall be responsible for any additional premiums, charges, or administrative fees that such Party may incur pursuant to this Section 7.06.

  • REINSURANCE COVERAGE Reinsurance under this Agreement will apply to insurance issued by the Ceding Company on the Plans of Insurance shown in Schedule A. Such Plans of Insurance shall be reinsured with the Reinsurer on an automatic basis, subject to the requirements set forth in Section A below, or on a facultative basis, subject to the requirements set forth in Section B below, or on a facultative obligatory basis, subject to the requirements set forth in Section C below. The specifications for all reinsurance under this Agreement are provided in Schedule B.

  • Other Reinsurance The Company shall be permitted to carry other reinsurance, recoveries under which shall inure solely to the benefit of the Company and be entirely disregarded in applying all of the provisions of this Contract.

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