AMENDMENT to the AUTOMATIC AND FACULTATIVE YEARLY RENEWABLE TERM (YRT) AGREEMENT between MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, (hereinafter the “Ceding Company”) and MUNICH AMERICAN REASSURANCE COMPANY (hereinafter the “Reinsurer”) Original...
Exhibit 26 (g) ii. a. 5.
AMENDMENT to the
AUTOMATIC AND FACULTATIVE YEARLY RENEWABLE TERM (YRT) 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”)
Original Treaty Effective Date: March 1, 2008
Coverage: SL10/SL11/SL11B/SL15/SL16/SL17 (COLI/BOLI non-experience rated business only)
Reinsurer Treaty ID:
For new policies issued on or after November 21, 2011, the Amendment Effective Date, the Ceding Company and the Reinsurer agree to replace Schedule F – Underwriting Guidelines of the above-referenced Agreement in its entirety with the attached Schedule F – Underwriting Guidelines which reflects underwriting changes.
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: | 2-6-12 | |||||
| Xxxxx X. Xxxxxx | ||||||||
| Second Vice President & Actuary | ||||||||
| MML BAY STATE LIFE INSURANCE COMPANY | ||||||||
| By: | /s/ Xxxxx X Xxxxxx |
Date: | 2-6-12 | |||||
| Xxxxx X. Xxxxxx | ||||||||
| Second Vice President & Actuary | ||||||||
| C.M. LIFE INSURANCE COMPANY | ||||||||
| By: | /s/ Xxxxx X Xxxxxx |
Date: | 2-6-12 | |||||
| Xxxxx X. Xxxxxx | ||||||||
| Second Vice President & Actuary | ||||||||
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Page 1 of 2
COLI BOLI UW Guidelines Eff 11/21/11
| MUNICH AMERICAN REASSURANCE COMPANY | ||||||||
| By: | /s/ Xxxxx Xxxxx |
Date: | 2/1/12 | |||||
| Print name: | Xxxxx Xxxxx |
|||||||
| Title: | 2nd VP & Marketing Actuary |
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| MUNICH AMERICAN REASSURANCE COMPANY | ||||||||
| By: | /s/ Xxxxxxx X Xxxx |
Date: | 2/2/12 | |||||
| Print name: | Xxxxxxx X Xxxx |
|||||||
| Title: | Second VP, Treaty |
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SCHEDULE F: UNDERWRITING GUIDELINES
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AMENDMENT to the
AUTOMATIC AND FACULTATIVE YEARLY RENEWABLE TERM (YRT) AGREEMENT
(the “Agreement”)
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY,
MML BAY STATE LIFE INSURANCE COMPANY, and
C.M. LIFE INSURANCE COMPANY
(hereinafter referred to as the “Ceding Company”)
and
MUNICH AMERICAN REASSURANCE COMPANY
(hereinafter referred to as the “Reinsurer”)
Original Treaty Effective Date: March 1, 2008
Coverage: SL10/SL11/SL11B/SL15/SL16/SL17 (COLI/BOLI non-experience rated business only)
Reinsurer Treaty ID:
This Amendment hereby terminates the reinsurance of new business on new lives on and after May 28, 2012, 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.
All other terms and conditions of this Agreement not in conflict with the terms and conditions of this Amendment will continue unchanged.
IN WITNESS WHEREOF, both parties in duplicate hereby execute this Agreement in good faith:
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||||||
| By: | /s/ Xxxxx X. Xxxxxx |
Date: | 1-17-12 | |||
| Xxxxx X. Xxxxxx | ||||||
| Vice President & Actuary | ||||||
| MML BAY STATE LIFE INSURANCE COMPANY | ||||||
| By: | /s/ Xxxxx X. Xxxxxx |
Date: | 1-17-12 | |||
| Xxxxx X. Xxxxxx | ||||||
| Vice President & Actuary | ||||||
| [page break] | COLI BOLI Termination Eff 5/28/12 |
| C.M. LIFE INSURANCE COMPANY | ||||||
| By: | /s/ Xxxxx X. Xxxxxx |
Date: | 1-17-12 | |||
| Xxxxx X. Xxxxxx | ||||||
| Vice President & Actuary | ||||||
| MUNICH AMERICAN REASSURANCE COMPANY | ||||||
| By: | /s/ Xxxxx Xxxxx |
Date: | 1/10/12 | |||
| Print name: | Xxxxx Xxxxx |
|||||
| Title: | 2nd VP & Marketing Actuary |
|||||
| MUNICH AMERICAN REASSURANCE COMPANY | ||||||
| By: | /s/ Xxxxxxx X Xxxx |
Date: | 1/10/12 | |||
| Print name: | Xxxxxxx Xxxx |
|||||
| Title: | Second VP, Treaty |
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