AMENDMENT NO. 1 TO
AUTOMATIC REINSURANCE AGREEMENT
EFFECTIVE AS OF JANUARY 1, 2012
(AGREEMENT)
BETWEEN
METLIFE INVESTORS INSURANCE COMPANY
(CEDENT)
AND
EXETER REASSURANCE COMPANY, LTD.
(REINSURER)
The Agreement is hereby amended, as of September 30, 2012, as follows:
1. The attached Schedule A, Plans of Reinsurance, amends and, as
amended, restates Schedule A, Plans of Reinsurance.
2. The attached Schedule B, Reinsurance Premiums, amends and, as
amended, restates Schedule B, Reinsurance Premiums.
This Amendment No. 1 does not alter, amend or modify the Agreement other than as
set forth herein, and the terms and conditions of the Agreement, as amended
herein, continue in effect without other change.
In Witness whereof, the parties have caused this Amendment No. 1 to be signed as
of the date first above written.
METLIFE INVESTORS INSURANCE COMPANY
By: /s/ Xxxxxxx Xxxxx
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Name: Xxxxxxx Xxxxx
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Title: Vice President
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EXETER REASSURANCE COMPANY, LTD.
By: /s/ Xxxxxxxxxxx Xxxxxx
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Name: Xxxxxxxxxxx Xxxxxx
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Title: Vice President and Actuary
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SCHEDULE A
PLANS OF REINSURANCE
A. Reinsurer's Percentage:
100% of the ceded liabilities described in Article I paragraph B, for
the Reinsured Contracts.
B. Reinsured Contracts:
VARIABLE ANNUITY CONTRACTS
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A Class Contract (Front-end load, Xxxxxx Xxxxx distribution)
FORM NUMBERS
------------
Guaranteed Minimum Death Benefits and Earnings Preservation Benefits:
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Standard Death Benefit - Principal Protection: Form 7015 (11/00)
Optional Death Benefit - Annual Step-Up: Form 7017 (11/00)
Optional Death Benefit - Greater of Annual Step-Up and 5% Rollup:
Form 7016 (11/00)
Additional Death Benefit - Earnings Preservation Benefit (EPB):
Form 7019 (11/00)
Enhanced Death Benefit II - Form MLI-640-1 (4/08) & Endorsement
MLI-RMD (7/10)-E
Guaranteed Minimum Income Benefits:
-----------------------------------
Guaranteed Minimum Income Benefit Plus: Form MLI-560-6 (11/10)
Guaranteed Minimum Income Benefit Plus III: Endorsement MLI-RMD
(7/10)-E
Guaranteed Minimum Income Benefit Max III: Form MLI-560-4 (4/08),
MLI-560-5 (09/10) MLI-560-9 (12/11) & Endorsement MLI-RMD (7/10)-E
Guaranteed Minimum Income Benefit Xxx XX: Form MLI-560-4 (4/08),
MLI-560-11 (8/12) & Endorsement MLI-RMD (7/10)-E
SCHEDULE B
REINSURANCE PREMIUMS
A. GMDB PROGRAM
REINSURANCE PREMIUM
GMDB PROGRAM CONTRACTS COVERED (BASIS POINTS)
----------------------- ----------------------- -------------------
Principal Protection All Reinsured Contracts 9.00
Annual Step-up All Reinsured Contracts 20.00
Greater of Annual Step- All Reinsured Contracts 35.00
Up and 5% Rollup
Earnings Preservation All Reinsured Contracts 25.00
Benefit
Enhanced Death All Reinsured Contracts 60.00
Benefit II Issue Ages 0-69
Enhanced Death All Reinsured Contracts 115.00
Benefit II Issue Ages 70-75
B. INCOME PROGRAM
REINSURANCE PREMIUM
INCOME PROGRAM CONTRACTS COVERED (BASIS POINTS)
----------------------- ----------------------- -------------------
GMIB Plus & GMIB All Reinsured Contracts 100.00
Plus III
GMIB Max III All Reinsured Contracts 100.00
GMIB Xxx XX All Reinsured Contracts 100.00
