AMENDMENT to the AUTOMATIC AND FACULTATIVE YRT AGREEMENT (the “Agreement”) between MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, (hereinafter the “Ceding Company”) and MUNICH AMERICAN REASSURANCE COMPANY (hereinafter the “Reinsurer”) Coverage:...
Exhibit 26 (g) iii. a2. 2
AMENDMENT to the
AUTOMATIC AND FACULTATIVE YRT AGREEMENT
(the “Agreement”)
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY,
MML BAY STATE LIFE INSURANCE COMPANY, and
C.M. LIFE INSURANCE COMPANY
(hereinafter the “Ceding Company”)
and
MUNICH AMERICAN REASSURANCE COMPANY
(hereinafter the “Reinsurer”)
Coverage: Strategic Edge Group Universal Life (GUL) with or without the variable rider (GVUL) New York State Business Only
Original Effective Date: April 1, 2010
Reinsurer Treaty ID:
Effective April 1, 2012, (the Amendment Effective Date”), the Ceding Company is for the GUL/GVUL pool (the “Pool”) under the Agreement, . Reinsurer’s . Schedule B – Reinsurance Limits of the above-referenced Agreement will be replaced with the attached Schedule B – Reinsurance Limits.
All terms and conditions of this Agreement not in conflict with the terms and conditions of this Amendment shall continue unchanged.
IN WITNESS WHEREOF, this Amendment is hereby executed in good faith by both parties:
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-26-12 | |||||
Xxxxx X. Xxxxxx | ||||||||
Vice President & Actuary | ||||||||
MML BAY STATE LIFE INSURANCE COMPANY | ||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-26-12 | |||||
Xxxxx X. Xxxxxx | ||||||||
Vice President & Actuary | ||||||||
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||||||||
C.M. LIFE INSURANCE COMPANY | ||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-26-12 | |||||
Xxxxx X. Xxxxxx | ||||||||
Vice President & Actuary |
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MUNICH AMERICAN REASSURANCE COMPANY |
By: | /s/ Xxxxx Xxxxx | Date: | 7/23/12 | |||||
Print name: | Xxxxx Xxxxx | |||||||
Title: | 2nd VP & Marketing Actuary | |||||||
MUNICH AMERICAN REASSURANCE COMPANY | ||||||||
By: | /s/ Xxxxxxx X Xxxx |
Date: | 7/23/12 | |||||
Print name: | Xxxxxxx X Xxxx | |||||||
Title: | 2nd VP, Treaty |
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SCHEDULE B – REINSURANCE LIMITS
Basis of Reinsurance: The Ceding Company will .
Reinsurer’s Share: Reinsurer’s percentage share . The actual . Reinsurer’s percentage will be .
Limit per Individual Life: At .
Notification: If Reinsurer is . If the Reinsurer . Reinsurer .
Ceding Company’s Retention at one location: As described above, subject to .
Concentration limit: as used in the Agreement, the .
Issue Ages:
AMENDMENT to the
AUTOMATIC AND FACULTATIVE YRT AGREEMENT
(the “Agreement”)
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY,
MML BAY STATE LIFE INSURANCE COMPANY, and
C.M. LIFE INSURANCE COMPANY
(hereinafter the “Ceding Company”)
and
MUNICH AMERICAN REASSURANCE COMPANY
(hereinafter the “Reinsurer”)
Coverage: Strategic Edge Group Universal Life (GUL) with or without the variable rider (GVUL) New York
State Business Only
Original Effective Date: April 1, 2010
Reinsurer Treaty ID:
This Agreement shall be amended as follows:
a. | This Amendment hereby terminates the reinsurance of new business on new lives effective April 20, 2013, (the “Amendment Effective Date”), under the above-referenced Agreement. All other changes allowed under the Agreement, including but not limited to any increases if they are normally applied to the existing contract/pool, shall continue to be available hereunder. All business inforce at the effective date of this Amendment shall remain reinsured hereunder until the termination, expiry, or of the underlying policy on which the reinsurance is based. |
b. | Article IV-Premiums, Payments and Reports, paragraph B, shall be amended to add the following paragraph: |
If the Ceding Company elects to in accordance with Article IV – Premiums, Payments and Reports: (i) the Reinsurer and (ii) if to the Ceding Company.
Except as provided herein, all other terms, provisions and conditions of the above-referenced Agreement remain in full force and effect.
[SIGNATURE PAGE FOLLOWS]
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IN WITNESS WHEREOF, this Amendment is hereby executed in good faith by both parties:
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 2-13-13 | |||||
Xxxxx X. Xxxxxx | ||||||||
Vice President & Actuary |
MML BAY STATE LIFE INSURANCE COMPANY | ||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 2-13-13 | |||||
Xxxxx X. Xxxxxx | ||||||||
Vice President & Actuary |
C.M. LIFE INSURANCE COMPANY | ||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 2-13-13 | |||||
Xxxxx X. Xxxxxx | ||||||||
Vice President & Actuary |
MUNICH AMERICAN REASSURANCE COMPANY | ||||||||
By: | /s/ Xxxxx Xxxxx |
Date: | 2/7/13 | |||||
Print name: | Xxxxx Xxxxx | |||||||
Title: | 2nd VP & Marketing Actuary |
MUNICH AMERICAN REASSURANCE COMPANY. | ||||||||
By: | /s/ Xxxxxxx X Xxxx |
Date: | 2/7/13 | |||||
Print name: | Xxxxxxx X Xxxx | |||||||
Title: | 2nd VP, Treaty |