SWISS RE AMERICA
AUTOMATIC REINSURANCE AGREEMENT
Between
THE TRAVELERS LIFE AND ANNUITY COMPANY
Hartford, Connecticut
And
SWISS RE LIFE COMPANY AMERICA
New York, New York
SWISS RE AMERICA
AUTOMATIC REINSURANCE AGREEMENT
Contents
ARTICLE I Scope of Agreement
ARTICLE II Commencement & Termination of Liability
ARTICLE III Oversights - Clerical Errors
ARTICLE IV Mortality Net Amount At Risk
ARTICLE V Reinsurance Premiums
ARTICLE VI Reinsurance Administration
ARTICLE VII Settlement of Claims
ARTICLE VIII Tax Credits
ARTICLE IX Regulatory Compliance
ARTICLE X Inspection of Records
ARTICLE XI Insolvency
ARTICLE XII Arbitration
ARTICLE XIII Rights of Offsetting Balances Due
ARTICLE XIV Contract and Program Changes
ARTICLE XV Federal Taxes
ARTICLE XVI Parties to Agreement
ARTICLE XVII Entire Agreement
ARTICLE XVII Duration of Agreement
ARTICLE XIX Assignment or Transfer
Signature Page
EXHIBIT A - Variable Annuities Covered Under This Agreement
EXHIBIT B - Separate Account Mutual Funds
SWISS RE AMERICA
AUTOMATIC REINSURANCE AGREEMENT
THIS AGREEMENT between THE TRAVELERS LIFE AND ANNUITY COMPANY, a corporation
organized under the laws of the State of Connecticut, hereinafter referred to as
the "Company", and SWISS RE LIFE COMPANY AMERICA, a corporation organized under
the laws of the State of New York, hereinafter referred to as "Swiss Re
America", WITNESSETH AS FOLLOWS:
ARTICLE I
Scope of Agreement
I. On and after the 1st day of July, 1995, the Company will automatically
reinsure with Swiss Re America, and Swiss Re America will automatically accept,
a 75% quota share of the mortality net amount at risk, as defined in Article IV,
generated prior to annuitization, by the Variable Annuity Contracts issued by
the Company on or after that date, on the contract forms listed in Exhibit A,
and as may be amended for state variations.
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SWISS RE AMERICA
ARTICLE II
Commencement & Termination of Liability
1. On reinsurance ceded under the terms of this Agreement, the liability of
Swiss Re America shall commence simultaneously with that of the Company, and
will terminate upon the earliest of annuitization or termination of the annuity
contract in accordance with Article XVIII.
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SWISS RE AMERICA
ARTICLE III
Oversights - Clerical Errors
I. Should either the Company or Swiss Re America fail to comply with any of
the terms of this Agreement, and if this is shown to be unintentional and the
result of a misunderstanding, oversight or clerical error on the part of either
the Company or Swiss Re America, then this Agreement shall not be deemed
abrogated thereby, but both companies shall be restored to the position they
would have occupied had no such oversight, misunderstanding, or clerical error
occurred. Such conditions are to be reported and corrected promptly after
discovery.
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SWISS RE AMERICA
ARTICLE IV
Mortality Net Amount At Risk
I. The mortality net amount at risk reinsured hereunder shall equal the
guaranteed death benefit less the cash surrender value of the annuity as
calculated in the contract death benefit provisions, up to a maximum of five
million dollars ($5,000,000) per life. The guaranteed death benefit may be
either the Standard Death Benefit or the Enhanced Death Benefit as defined in
the contract forms appearing in Exhibit A and as may be amended for required
state variations.
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SWISS RE AMERICA
ARTICLE V
Reinsurance Premiums
1. The reinsurance premiums shall be equal to the sum of the day-end
account values of the annuities reinsured hereunder multiplied by the quota
share applicable to that contract and further multiplied by one of the following
daily reinsurance rate factors, depending on the death benefit type employed in
the contract reinsured:
Death Benefit Type Daily Reinsurance Rate Factor
------------------------------------ -----------------------------
Standard (All states except Florida) 0.00000240
Standard (Florida) 0.00000301
Enhanced (All states) 0.00000465
2. The total reinsurance premium shall be reduced each month as of the last
day of that month by the ratio of the sum of Swiss Re America's share of the
mortality net amount at risk in excess of $5 million on any one life reinsured
hereunder to Swiss Re America's share of the total mortality net amount at risk
on all annuity contracts as calculated from the values on the report provided
pursuant to Article VI.
3. The daily reinsurance premium shall be accumulated without interest and
paid monthly, as described in Article VI.
4. The reinsurance premium described above shall remain in effect as long
as the contract fees, the mortality and expense (M&E) charges, the
administration fees, and the surrender charges in effect at the inception of
this Agreement remain unchanged.
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SWISS RE AMERICA
ARTICLE VI
Reinsurance Administration
I. Within 30 days of the end of each calendar month, the Company will
furnish Swiss Re America a separate electronic report for the Standard Death
Benefit and the Enhanced Death Benefit portions of the reinsurance account,
valued as of the last day of that month. Each report will indicate for all
inforce annuities reinsured hereunder:
a) Annuitant's name, sex, date of birth and social security
number
b) Owner's name, sex, date of birth and social security number
c) Contract number
d) Contract date
e) Contract form number
f) Current contract value
g) Cumulative net considerations (compounded to date of
valuation)
h) Current contract Ratchet Value
i) Current contract death benefit
j) Current contract cash surrender value
k) Current contract mortality risk amount
2. Additionally, within 30 days of the end of each calendar month, the
Company will furnish Swiss Re America a separate paper report for each premium
basis for the Standard Death Benefit and the Enhanced Death Benefit portions of
the reinsurance account summarizing the following data:
a) Reinsurance premiums due Swiss Re America
b) Death claim reimbursements due the Company
c) Total number of contracts reinsured
d) Total current contract value
e) Total cumulative net considerations (compounded to date of
valuation)
F) Total current Ratchet Value
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SWISS RE AMERICA
g) Total current death benefit
h) Total current cash surrender value
i) Total current mortality risk amount
3. If the net balance is due Swiss Re America, the amount due shall be
remitted with the report statement. If the net balance is due the Company, Swiss
Re America shall remit the amount to the Company within 10 days of the receipt
of the report.
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SWISS RE AMERICA
ARTICLE VII
Settlement of Claims
1. Claim settlements made by the Company shall be unconditionally binding
on Swiss Re America. Within 30 days of the end of each month, the Company shall
notify Swiss Re America of the reinsured death benefits paid in that month and
Swiss Re America will reimburse the Company, as provided in Article VI, for the
reinsured benefits defined in Article IV. Settlement by Swiss Re America shall
be in a lump sum regardless of the mode of payment made by the Company to the
beneficiary.
2. The Company will provide proof of claim to Swiss Re America when the
claim payment is reported to Swiss Re America.
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SWISS RE AMERICA
ARTICLE VIII
Tax Credits
1. Swiss Re America shall not reimburse the Company for state premium taxes
applicable to the reinsurance premiums.
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SWISS RE AMERICA
ARTICLE IX
Regulatory Compliance
1. Swiss Re America agrees to maintain licenses, provide any required
security, and to comply with other regulations to the extent necessary for the
Company to receive statutory reserve credit in all jurisdictions in which the
Company is licensed as of the Effective Date of this Agreement for the
reinsurance ceded hereunder.
2. The Company warrants that it has secured all necessary federal and state
licenses and approvals for the contracts reinsured hereunder, and that it is
operating in compliance with federal investment laws and state investment and
insurance laws and regulations.
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SWISS RE AMERICA
ARTICLE X
Inspection of Records
I. Swiss Re America shall have the right at all reasonable times and for
any reasonable purpose to inspect at the office of the Company all records
referring to reinsurance ceded to Swiss Re America.
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SWISS RE AMERICA
ARTICLE XI
Insolvency
1. The reinsurance amount due, when such amount is ascertained, shall be
payable upon demand by the Company at the same time as the Company shall pay its
net retained portion of such an obligation, with reasonable provision for
verification before payment, and the reinsurance shall be payable by Swiss Re
America on the basis of the liability of the Company under the contracts without
diminution because of the insolvency of the Company. In the event of insolvency
and the appointment of a conservator, liquidator or statutory successor of the
Company, such portion shall be payable to such conservator, liquidator or
statutory successor immediately upon demand, with reasonable provisions for
verification, on the basis of claims allowed against the Company by any court of
competent jurisdiction or by any conservator, liquidator or statutory successor
of the Company having authority to allow such claims, without diminution because
of such insolvency or because such conservator, liquidator or statutory
successor has failed to pay all or a portion of any claims.
2. The Company's conservator, liquidator, or statutory successor shall give
Swiss Re America written notice of the pendency of a claim against the Company
indicating the contract, within a reasonable time after such a claim is filed.
Swiss Re America may interpose, at its own expense, in the proceeding where such
claim is to be adjudicated, any defense or defenses which Swiss Re America may
deem available to the Company, or its conservator, liquidator or statutory
successor.
3. Any expense incurred by Swiss Re America pursuant to paragraph 2, above,
shall be payable subject to court approval out of the estate of the Company as
part of the expense of conservation or liquidation to the extent of Swiss Re
America's portion of the benefit which may accrue to the Company in conservation
or liquidation, solely as a result of the defense undertaken by Swiss Re
America. Where two or more reinsurers are participating in the same claim and a
majority in interest elect to interpose defense to such claim, the expense shall
be apportioned in accordance with the terms of this Agreement as though such
expense had been incurred by the Company.
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SWISS RE AMERICA
ARTICLE XII
Arbitration
1. In the event of any difference arising hereafter between the contracting
parties with reference to any transaction under this Agreement, the same shall
be referred to three arbitrators who must be current or former executive
officers of life insurance or life reinsurance companies other than the two
parties to this Agreement or their affiliates, each of the contracting companies
to appoint one of the arbitrators and such two arbitrators to select the third.
If either party refuses or neglects to appoint an arbitrator within 60 days
after receipt of the written request for arbitration, the other party may
appoint a second arbitrator.
2. If the two arbitrators fail to agree on the selection of a third
arbitrator within 60 days of their appointment, each of them shall name three
individuals, of whom the other shall decline two, and the decision shall be made
by drawing lots.
3. The arbitrators shall consider this Reinsurance Agreement not merely as
a legal document but also as a gentlemen's agreement. In resolving the dispute,
the arbitrators will give full consideration to the customs and practices of the
life insurance and life reinsurance industry, insofar as they are not in
conflict with the specific terms of this Agreement. The arbitrators shall decide
by a majority vote. There shall be no appeal from their written decision.
4. Unless the arbitrators decide otherwise, each party shall bear the
expense of its own arbitration, including its arbitrator and outside attorney
fees, and shall jointly and equally bear with the other party the expense of the
third arbitrator. Any remaining costs of the arbitration proceedings shall be
apportioned by the Board of Arbitrators.
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SWISS RE AMERICA
ARTICLE XIII
Right of Offsetting Balances Due
1. The Company and Swiss Re America shall have, and may exercise at any
time, the right to offset any balance or balances due one party to the other,
its successors or assigns, against balances due the other party under this
Agreement. This right of offset shall not be affected or diminished because of
insolvency of either party to this Agreement.
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SWISS RE AMERICA
ARTICLE XIV
Contract and Program Changes
1. The Company may amend, substitute, add or delete separate accounts or
underlying investment funds to the annuity contract as described in the contract
general provisions. No such change will be made by the Company without prior
notification to Swiss Re America and without the prior approval of the
Securities and Exchange Commission. The Company agrees to maintain at all times
a selection of core growth equity funds, growth and income equity funds,
investment grade bond funds and money market funds.
2. The Company shall also give Swiss Re America advance notice of any other
changes to its annuity product reinsured hereunder, its fees and charges, or its
distribution approaches.
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SWISS RE AMERICA
ARTICLE XV
Federal Taxes
1. The Company and Swiss Re America hereby agree to the following pursuant
to Section 1.848-2(g)(8) of the Income Tax Regulation issued December 1992,
under Section 848 of the Internal Revenue Code of 1986, as amended. This
election shall be effective as of the Effective Date of this
Agreement and for all subsequent taxable years for which this Agreement remains
in effect.
(a) The term "party" will refer to either the Company or Swiss Re
America as appropriate.
(b) The terms used in this Article are defined by reference to
Regulation 1.848-2 in effect December 1992.
(c) The party with the net positive consideration for this Agreement
for each taxable year will capitalize specified policy
acquisition expenses with respect to this Agreement without
regard to the general deductions limitation of Section 848(c)(1).
(d) Both parties agree to exchange information pertaining to the
amount of net consideration under this Agreement each year to
ensure consistency or as otherwise required by the Internal
Revenue Service.
(e) The Company will submit a schedule to Swiss Re America by May 1
of each year of its calculation of the net consideration for the
preceding calendar year. This schedule of calculations will be
accompanied by a statement stating that the Company will report
such net consideration in its tax return for the preceding
calendar year.
(f) Swiss Re America may contest such calculation by providing an
alternative calculation to the Company by June 1. If Swiss Re
America does not so notify the Company, the Company will report
the net consideration as determined by the Company in the
Company's tax return for the previous calendar year.
(g) If Swiss Re America contests the Company's calculation of the
net consideration, the parties will act in good faith to reach an
agreement as to the
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SWISS RE AMERICA
correct amount by July 1. If the Company and Swiss Re America
reach agreement on an amount of the net consideration, each party
shall report such amount in their respective tax returns for the
previous calendar year.
2. Swiss Re America and the Company represent and warrant that they are
subject to U.S. taxation under Subchapter L of Chapter 1 of the Internal Revenue
Code.
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SWISS RE AMERICA
ARTICLE XVI
Parties to Agreement
1. This Agreement is an indemnity reinsurance agreement solely between the
Company and Swiss Re America. The acceptance of reinsurance hereunder shall not
create any right or legal relation whatever between Swiss Re America and the
annuitant, owner, beneficiary or any other party under any contracts of the
Company which may be reinsured hereunder, and the Company shall be and remain
solely liable to the annuitant, owner or the beneficiary under such contracts
reinsured hereunder.
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SWISS RE AMERICA
ARTICLE XVII
Entire Agreement
1. This Agreement shall constitute the entire agreement between the parties
with respect to business reinsured hereunder. There are no understandings
between the parties other than as expressed in this Agreement and any change or
modification of this Agreement shall be null and void unless made by amendment
to the Agreement and signed by both parties.
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SWISS RE AMERICA
ARTICLE XVIII
Duration of Agreement
1. This Agreement shall be unlimited as to its duration but may be reduced
or terminated as provided in this Article, below.
2. The Company may, at its option, reduce the reinsurance quota share ceded
on new business from the percentage specified in Article I whenever the combined
total Contract Values on the portion of the business ceded to Swiss Re America
by the Company under this Agreement, and by its affiliate, The Travelers
Insurance Company, under the Automatic Reinsurance Agreement of June 1, 1994
between The Travelers Insurance Company and Swiss Re America, exceed one billion
dollars.
3. Any time on or after the tenth anniversary of this Agreement, the
Company may, upon 90 days written notice, elect to cancel the reinsurance in
force under the Agreement at the rate of one thirty-sixth of the inforce per
month over a three year period.
4. The Company may cancel this Agreement for new business and cancel the
inforce reinsurance previously ceded under this Agreement upon the occurrence of
either of the following events:
(a) The statutory capital and surplus of Swiss Re America falls
below the NAIC Authorized Control Level Risk Based Capital; or
(b) The Company loses reserve credit in a jurisdiction in which it
was licensed on the effective date of this Agreement and the
Company and Swiss Re America have not been able to correct the
loss of reserve credit within 90 days after receiving notice of
the loss.
5. Upon 180 days written notice, either the Company or Swiss Re America may
cancel this Agreement for new business any time on or after the fifth
anniversary of this Agreement.
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SWISS RE AMERICA
ARTICLE XIX
Assignment or Transfer
1. In no event shall either the Company or Swiss Re America assign any of
its rights, duties or obligations under this Agreement without the prior written
approval of the other party. Such approval shall not unreasonably be withheld.
2. In no event shall either the Company or Swiss Re America transfer either
the policies reinsured under this Agreement or the reinsurance without the prior
written approval of the other party. Such approval shall not unreasonably be
withheld. This provision is not intended to preclude Swiss Re America from
retroceding the reinsurance on an indemnity basis.
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SWISS RE AMERICA
IN WITNESS WHEREOF, the Company and Swiss Re America have caused their names to
be subscribed and duly attested hereunder by their respective Authorized
Officers.
THE TRAVELERS LIFE AND ANNUITY COMPANY
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
----------------------------- ----------------------
Title: Vice President Title: Counsel
Date: August 2,1995 Date: August 2,1995
SWISS RE LIFE COMPANY AMERICA
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
----------------------------- ----------------------
Title: Exec. Vice President Title: Illegible
Date: 8/2/95 Date: 8/3/95
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SWISS RE AMERICA
EXHIBIT A
Variable Annuities Covered Under This Agreement
I. Contract Form Numbers
Non Tax Qualified Tax Qualified
Form Numbers Form Numbers
----------------- --------------
TL-12756 TL-12778
TL-12757 TL-12779
TL-12757E TL-12779E
TL-12758 TL-12780
TL-12759 TL-12781
TL-12791 TL-12794
TL-12793 TL-12768
TL-12769
TL-12770
II. Issue Dates: July 1, 1995 and later
SWISS RE AMERICA
EXHIBIT B
Separate Account Mutual Funds
STOCK FUNDS
Xxxxx Xxxxxx Income & Growth Portfolio
Alliance Growth Portfolio
American Capital Enterprise Portfolio
Xxxxx Xxxxxx International Equity Portfolio
Xxxxx Xxxxxx Pacific Basin Portfolio
Xxxxx Xxxxxx Total Return Portfolio
BOND FUNDS
TBC Managed Income Portfolio
Xxxxxx Diversified Income Portfolio
X.X.Xxxxxx Strategic Income Portfolio
Xxxxx Xxxxxx High Income Portfolio
ASSEST ALLOC/BALANCED FUNDS
MFS Total Return Portfolio
MONEY FUNDS
Xxxxx Xxxxxx Money Market Portfolio
FIXED ACCOUNT
Travelers Fixed Account
SWISS RE AMERICA
AMENDMENT NO. I
To the Automatic Reinsurance Agreement
Between
THE TRAVELERS LIFE AND ANNUITY COMPANY
And
SWISS RE LIFE COMPANY AMERICA
Except as hereinafter specified, all terms and conditions of the Automatic
Reinsurance Agreement effective the 1st day of July, 1995, amendments and
addenda attached thereto, shall apply, and this Amendment is to be attached to
and made a part of the aforesaid Agreement.
It is mutually agreed that effective the 30th day of September, 1995, EXHIBIT B,
Separate Account Mutual Funds, is expanded as attached.
IN WITNESS WHEREOF, the Company and Swiss Re America have caused their names to
be subscribed and duly attested hereunder by their respective Authorized
Officers.
THE TRAVELERS LIFE AND ANNUITY COMPANY
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
-------------------------------- -------------------------------
Title: Vice President Title: Counsel
Date: October 3,1995 Date: October 3,1995
SWISS RE LIFE COMPANY AMERICA
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
-------------------------------- -------------------------------
Title: Vice President Title: [ILLEGIBLE]
Date: 10\11\95 Date: 10/11/95
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SWISS RE AMERICA
EXHIBIT B
SEPARATE ACCOUNT MUTUAL FUNDS
STOCK FUNDS
Xxxxx Xxxxxx Income & Growth Portfolio
Alliance Growth Portfolio
American Capital Enterprise Portfolio
Xxxxx Xxxxxx International Equity Portfolio
Xxxxx Xxxxxx Pacific Basin Portfolio
Xxxxx Xxxxxx Total Return Portfolio
AIM Capital Appreciation Portfolio
BOND FUNDS
TBC Managed Income Portfolio
Xxxxxx Diversified Income Portfolio
G.T. Global Strategic Income Portfolio
Xxxxx Xxxxxx High Income Portfolio
ASSEST ALLOC/BALANCED FUNDS
MFS Total Return Portfolio
MONEY FUNDS
Xxxxx Xxxxxx Money Market Portfolio
FIXED ACCOUNT
Travelers Fixed Account
SWISS RE AMERICA
AMENDMENT NO. II
To the Automatic Reinsurance Agreement
Between
THE TRAVELERS LIFE AND ANNUITY COMPANY
And
SWISS RE LIFE COMPANY AMERICA
Except as hereinafter specified, all terms and conditions of the Automatic
reinsurance Agreement effective the 1st day of July, 1995, amendments and
addenda attached thereto, shall apply, and this Amendment is to be attached to
and made a part of the aforesaid Agreement.
It is mutually agreed that:
1) Effective the 1st day of October, 1996, EXHIBIT B, Separate Account Mutual
Funds, is expanded as attached; and
2) Effective the 1st day of February, 1997, EXHIBIT B, Separate Account
Mutual Funds, is further expanded as attached.
IN WITNESS WHEREOF, the Company and Swiss Re Life America have caused their
names to be subscribed and duly attested hereunder by their respective
Authorized Officers.
THE TRAVELERS LIFE AND ANNUITY COMPANY
BY: -s- [ILLEGIBLE] ATTEST: [ILLEGIBLE]
-------------------------------- ----------------------------
TITLE: Actuary TITLE: [ILLEGIBLE]
DATE: June 6,1997 DATE: June 6,1997
SWISS RE LIFE COMPANY AMERICA
BY: -s- [ILLEGIBLE] ATTEST: [ILLEGIBLE]
-------------------------------- ----------------------------
TITLE: Vice President TITLE: [ILLEGIBLE]
DATE: July 16,1997 DATE: 7/16/97
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SWISS RE AMERICA
EXHIBIT B
Separate Account Mutual Funds
STOCK FUNDS
Xxxxx Xxxxxx Income & Growth Portfolio
Alliance Growth Portfolio
American Capital Enterprise Portfolio
Xxxxx Xxxxxx International Equity Portfolio
Xxxxx Xxxxxx Pacific Basin Portfolio
Xxxxx Xxxxxx Total Return Portfolio
AIM Capital Appreciation Portfolio
MFS Emerging Growth Portfolio
BOND FUNDS
TBC Managed Income Portfolio
Xxxxxx Diversified Income Portfolio
G.T. Global Strategic Income Portfolio
Xxxxx Xxxxxx High Income Portfolio
ASSET ALLOC/BALANCED FUNDS
MFS Total Return Portfolio
MONEY FUNDS
Xxxxx Xxxxxx Money Market Portfolio
FIXED ACCOUNT
Travelers Fixed Account
EFFECTIVE 10/1/96
SWISS RE AMERICA
EXHIBIT B
Separate Account Mutual Funds
STOCK FUNDS
Xxxxx Xxxxxx Income & Growth Portfolio
Alliance Growth Portfolio
American Capital Enterprise Portfolio
Xxxxx Xxxxxx International Equity Portfolio
Xxxxx Xxxxxx Pacific Basin Portfolio
Xxxxx Xxxxxx Total Return Portfolio
AIM Capital Appreciation Portfolio
MFS Emerging Growth Portfolio
BOND FUNDS
TBC Managed Income Portfolio
Xxxxxx Diversified Income Portfolio
G.T. Global Strategic Income Portfolio
Xxxxx Xxxxxx High Income Portfolio
ASSET ALLOC/BALANCED FUNDS
MFS Total Return Portfolio
MONEY FUNDS
Xxxxx Xxxxxx Money Market Portfolio
FIXED ACCOUNT
Travelers Fixed Account
SELECT PORTFOLIOS (combinations of above specified Xxxxx Xxxxxx investment
funds):
Select High Growth Portfolio
Select Growth Portfolio
Select Balanced Portfolio
Select Conservative Portfolio
Select Income Portfolio
EFFECTIVE 2/1/97
AMENDMENT NO. III
To the Automatic Reinsurance Agreement
Between
THE TRAVELERS LIFE AND ANNUITY COMPANY
And
SWISS RE LIFE & HEALTH AMERICA INC.
Except as hereinafter specified, all terms and conditions of the Automatic
Reinsurance Agreement effective the 1st day of July, 1995, amendments and
addenda attached thereto, shall apply, and this Amendment is to be attached to
and made a part of the aforesaid Agreement.
It is mutually agreed that effective the 1st day of June, 1997,
ARTICLE IV, Mortality Net Amount at Risk, ARTICLE V, Reinsurance Premiums, and
ARTICLE VI, Reinsurance Administration, are revised as provided hereafter;
ARTICLE XX, Reserves, is added to the Agreement; and
EXHIBIT A, Variable Annuities Covered Under This Agreement, is revised as
attached.
ARTICLE IV
Mortality Net Amount at Risk
1. The mortality net amount at risk reinsured hereunder shall equal the
guaranteed death benefit less the cash surrender value of the annuity as
calculated in the contract death benefit provisions, subject to the following
limits:
(a) Up to a maximum of five million dollars ($5,000,000) per life
for the Standard and Enhanced Death Benefit specified in the
Contract forms and Endorsements forms identified in Exhibit A,
Section II, A & B.
(b) Up to a maximum of two million dollars ($2,000,000) per life for
the New Enhanced Death Benefit specified in the Contract forms
and Endorsements identified in Exhibit A, Section IIC.
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The guaranteed death benefit may be either the Standard Death Benefit, Enhanced
Death Benefit or New Enhanced Death Benefit, as defined in the contract and
endorsements forms appearing in Exhibit A and as may be amended for required
state variations.
ARTICLE V
Reinsurance Premiums
1. The reinsurance premiums shall be equal to the sum of the day-end
account values of the annuities reinsured hereunder multiplied by the quota
share applicable to that contract and further multiplied by one of the following
daily reinsurance rate factors, depending on the death benefit type provided in
the contract reinsured and on the contract owner's state of residence:
Daily Reinsurance
Death Benefit Type Rate Factor
------------------------------------ ------------------
Standard (All states except Florida) 0.00000240*
Standard (Florida) 0.00000301*
Enhanced (All states) 0.00000465*
New Enhanced (All states) 0.00000658
*These rates are guaranteed for the full term of this agreement. With
respect to the New Enhanced Death Benefit, the daily reinsurance rate factor of
0.00000658 is guaranteed for twenty (20) years. After twenty years, the rate may
be increased based upon prior experience, but not beyond the guaranteed maximum
rate of 0.00001781.
2. The total reinsurance premium shall be reduced on the last day of each
month by the ratio of the sum of Swiss Re Life & Health's share of the mortality
net amount at risk in excess of the liability limits specified in Article IV on
any one life reinsured hereunder, to Swiss Re Life & Health's share of the total
mortality net amount at risk on all annuity contracts, calculated from the
values on the report provided pursuant to Article VI.
3. The daily reinsurance premium shall be accumulated without interest and
paid monthly, as described in Article VI.
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4. The reinsurance premium described above shall remain in effect as long
as the contract fees, the mortality and expense (M&E) charges, the
administration fees, and the surrender charges in effect at the inception of
this Agreement remain unchanged.
ARTICLE VI
Reinsurance Administration
1. Within 30 days of the end of each calendar month, the Company will
furnish - Swiss Re Life & Health a separate electronic report for each
classification of the Death Benefit portions of the reinsurance account (i.e.
Standard Non-Florida, Standard Florida, Enhanced, New Enhanced), valued as of
the last day of that month. Each report will indicate for each inforce annuity
reinsured hereunder:
a) Annuitant's name, sex, date of birth, and social security
number
b) Owner's name, sex, date of birth, and social security
number
c) Contract number
d) Contract date
e) Contract form number
f) Current contract value
g) Cumulative net considerations (compounded to date of
valuation)
h) Current contract Ratchet Value
i) Current contract death benefit
j) Current contract cash surrender value
k) Current contract mortality risk amount
2. Additionally, within 30 days of the end of each calendar month, the
Company will furnish Swiss Re Life & Health with a separate paper report for
each
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premium basis for each classification of the Death Benefit portions of the
reinsurance account (i.e. Standard, Enhanced, New Enhanced), summarizing the
following data:
a) Reinsurance premiums due Swiss Re Life & Health
b) Death claim reimbursements due the Company
c) Total number of contracts reinsured
d) Total current contract value
e) Total cumulative net considerations (compounded to date of
valuation)
f) Total current Ratchet Value
g) Total current death benefit
h) Total current cash surrender value
i) Total current mortality risk amount
3. If the net balance is due Swiss Re Life America, the amount due shall be
remitted with the report statement. If the net balance is due the Company, Swiss
Re Life America shall remit the amount to the Company within 10 days of the
receipt of the report.
ARTICLE XX
Reserves
This entire article applies solely to contracts with the New Enhanced Death
Benefit, and not to any contracts with the Standard Death Benefit or Enhanced
Death Benefit.
1. Swiss Re Life & Health intends to hold the statutory minimum reserves as
required by New York. It is anticipated that New York will adopt NAIC Actuarial
Guideline 34 (AG 34) regarding GMDB reserve methodology and that Swiss Re Life &
Health will establish reserves in accordance with such methodology. Such
methodology will require Swiss Re Life & Health to establish a general account
reserve equal to the present value of projected mortality costs less the present
value of reinsurance premiums. Until New York adopts AG 34, Swiss Re Life &
Health shall hold reserves equal to the greater of (a) and (b) below:
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a) 80% of reinsurance premiums less 100% of incurred claims
accumulated at a nominal annual interest rate of 6%.
b) one year term cost seriatim reserves calculated based on the net
amount at risk as of the valuation date using a valuation rate
equal to that used for long-term life insurance and the 1980 CSO
Aggregate Mortality table for males and females separately.
2. Although Swiss Re Life & Health intends to hold reserves as described in
paragraph 1 above, Swiss Re Life & Health will hold higher reserves up to the
level required by regulatory authorities at the written request of the Company.
If such a request is made, the Company shall remit to Swiss Re Life & Health an
annualized surplus charge equal to 2% of the difference between the requested
reserve level and the level of reserve Swiss Re Life & Health would hold as
described in paragraph 1 above. The annualized surplus charge will apply only
for the length of time that the excess reserve is held at the Company's request.
- 5 -
IN WITNESS WHEREOF, the Company and Swiss Re Life America have caused their
names to be subscribed and duly attested hereunder by their respective
Authorized Officers.
THE TRAVELERS LIFE AND ANNUITY COMPANY
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
-------------------------------- ------------------------------
Title: Actuary Title: Counsel
Date: January 20, 1998 Date: 1/20/98
SWISS RE LIFE COMPANY AMERICA
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
-------------------------------- ------------------------------
Title: Vice Presibent Title: [ILLEGIBLE]
Date: January 26, 1998 Date: January 26, 1998
- 6 -
EXHIBIT A
Variable Annuities Covered Under This Agreement
I. Variable Annuity Contract Form Numbers (and state variations, including
Florida)
DESCRIPTION FORM NO.
Vintage Individual Deferred Variable Annuity (Qualified) TL-12778
TL-12779
TL-12780
TL-12781
Vintage Individual Deferred Variable Annuity (Non-Qualified) TL-12756
TL-12757
TL-12758
TL-12759
Original Death Benefit Endorsement (Qualified) TL-12793
Original Death Benefit Endorsement (Non-Qualified) TL-12794
New Death Benefit Endorsement (Qualified and Non-Qualified) TL-22144
II. Reinsured Guaranteed Minimum Death Benefit Specification
A. Standard Death Benefit for all contracts issued on and after 7/1/95,
as defined in the contract forms specified above.
B. Enhanced Death Benefit for all contracts issued on and after 7/1/95,
as defined in Death Benefit Endorsements TL-12793 and TL-12794 in
conjunction with the contract forms specified above.
C. New Enhanced Death Benefit for all contracts issued on and after 6/1
/97, as defined in Death Benefit Endorsement TL-22144 in conjunction
with the contract forms specified above, subject to state approval.
AMENDMENT NO. IV
To the Automatic Reinsurance Agreement
Between
THE TRAVELERS LIFE AND ANNUITY COMPANY
And
SWISS RE LIFE & HEALTH AMERICA INC.
Except as hereinafter specified, all terms and conditions of the Automatic
Reinsurance Agreement effective the 1st day of July, 1995, amendments and
addenda attached thereto, shall apply, and this Amendment is to be attached to
and made a part of the aforesaid Agreement.
It is mutually agreed that
A. Effective the 1st day of June, 1997, ARTICLE XVIII, Duration of
Agreement, is revised, as attached; and
B. Effective the 1st day of May, 1998, Exhibit B, Separate Account
Mutual Funds, is revised and expanded, as attached.
ARTICLE XVIII
Duration of Agreement
3. Any time on or after the anniversary dates specified within this
paragraph below, the Company may, upon 90 days written notice, elect to cancel
the reinsurance in force under the Agreement at the rate of one thirty-sixth of
the inforce per month over a three year period.
(a) For the New Enhanced Death Benefit Endorsement TL-22144, the
anniversary date shall be any time on or after the fifteenth
anniversary of this Amendment.
(b) For all other reinsurance hereunder, the anniversary date shall
be any time on or after the tenth anniversary of this Agreement.
5. Upon 180 days written notice, either the Company or Swiss Re Life &
Health may cancel this Agreement for new business issued on all products
reinsured hereunder, any time on or after the 31st day of December, 2000.
EXHIBIT B
Separate Account Mutual Funds
STOCK FUNDS
Xxxxx Xxxxxx Income & Growth Portfolio (known as Xxxxx Xxxxxx Large Cap Value
Portfolio as of May 1,1998)
Alliance Growth Portfolio
American Capital Enterprise Portfolio
Xxxxx Xxxxxx International Equity Portfolio
Xxxxx Xxxxxx Pacific Basin Portfolio
Xxxxx Xxxxxx Total Return Portfolio
AIM Capital Appreciation Portfolio
MFS Emerging Growth Portfolio
Dreyfus Small Cap Portfolio (added as of May 1, 1998)
MFS Research Portfolio (added as of May 1, 1998)
Salomon Brothers Investors Fund (added as of May 1, 1998)
Xxxxx Xxxxxx Large Cap Growth Portfolio (added as of May 1, 1998)
Strategic Stock Portfolio (added as of May 1, 1998)
Travelers Disciplined Mid Cap Stock Portfolio (added as of May 1, 1998)
Travelers Disciplined Small Cap Stock Portfolio (added as of May 1, 1998)
BOND FUNDS
TBC Managed Income Portfolio
Xxxxxx Diversified Income Portfolio
G.T. Global Strategic Income Portfolio
Xxxxx Xxxxxx High Income Portfolio
Travelers Convertible bond Portfolio (added as of May 1, 1998)
ASSET ALLOC/BALANCED FUNDS
MFS Total Return Portfolio
Salomon Brothers Total Return Fund (added as of May 1, 1998)
MONEY FUNDS
Xxxxx Xxxxxx Money Market Portfolio
FIXED ACCOUNT
Travelers Fixed Account
SELECT PORTFOLIOS:
Select High Growth Portfolio (closed for new contracts as of May 1, 1998)
Select Growth Portfolio
Select Balanced Portfolio
Select Conservative Portfolio (closed for new contracts as of May 1, 1998)
Select Income Portfolio (closed for new contracts as of May 1, 1998)
IN WITNESS WHEREOF, the Company and Swiss Re Life America have caused their
names to be subscribed and duly attested hereunder by their respective
Authorized Officers.
THE TRAVELERS LIFE AND ANNUITY COMPANY
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
-------------------------------- --------------------------------
Title: Actuary Title: Counsel
Date: July 21, 2000 Date: July 21, 0000
XXXXX RE LIFE & HEALTH AMERICA INC.
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
-------------------------------- --------------------------------
Title: Vice President Title: EVP
Date: 10/3/00 Date: 10/3/00
AMENDMENT NO. VI
To the Automatic Reinsurance Agreement
Between
THE TRAVELERS LIFE AND ANNUITY COMPANY
And
SWISS RE LIFE & HEALTH AMERICA INC.
Except as hereinafter specified, all terms and conditions of the Automatic
Reinsurance Agreement effective the 1st day of July, 1995, amendments and
addenda attached thereto, shall apply, and this Amendment is to be attached to
and made a part of the aforesaid Agreement.
It is mutually agreed that, effective the 1st day of May, 1999, Exhibit B,
Separate Account Mutual Funds, is expanded, as attached.
IN WITNESS WHEREOF, the Company and Swiss Re Life America have caused their
names to be subscribed and duly attested hereunder by their respective
Authorized Officers.
THE TRAVELERS LIFE AND ANNUITY COMPANY
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
---------------------------- ----------------------------
Title: Actuary Title: [ILLEGIBLE]
Date: September 1, 1999 Date: 9/2/99
SWISS RE LIFE & HEALTH AMERICA INC.
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
---------------------------- ----------------------------
Title: Vice President Title: [ILLEGIBLE]
Date: 9/15/1999 Date: 9/30/99
EXHIBIT B
Separate Account Mutual Funds
STOCK FUNDS
Xxxxx Xxxxxx Income & Growth Portfolio (known as Xxxxx Xxxxxx Large Cap Value
Portfolio as of May 1, 1998)
Alliance Growth Portfolio
American Capital Enterprise Portfolio
Xxxxx Xxxxxx International Equity Portfolio
Xxxxx Xxxxxx Pacific Basin Portfolio
Xxxxx Xxxxxx Total Return Portfolio
AIM Capital Appreciation Portfolio
MFS Emerging Growth Portfolio
Dreyfus Small Cap Portfolio (added as of May 1, 1998)
MFS Research Portfolio (added as of May 1, 1998)
Salomon Brothers Investors Fund (added as of May 1, 1998)
Xxxxx Xxxxxx Large Cap Growth Portfolio (added as of May 1, 1998)
Strategic Stock Portfolio (added as of May 1, 1998)
Travelers Disciplined Mid Cap Stock Portfolio (added as of May 1, 1998)
Travelers Disciplined Small Cap Stock Portfolio (added as of May 1, 1998)
BOND FUNDS
TBC Managed Income Portfolio
Xxxxxx Diversified Income Portfolio
G.T. Global Strategic Income Portfolio
Xxxxx Xxxxxx High Income Portfolio
Travelers Convertible bond Portfolio (added as of May 1, 1998)
ASSET ALLOC/BALANCED FUNDS
MFS Total Return Portfolio
Salomon Brothers Total Return Fund (added as of May 1, 1998)
MONEY FUNDS
Xxxxx Xxxxxx Money Market Portfolio
FIXED ACCOUNT
Travelers Fixed Account
SELECT PORTFOLIOS:
Select High Growth Portfolio (closed for new contracts as of May 1,1998)
Select Growth Portfolio
Select Balanced Portfolio
Select Conservative Portfolio (closed for new contracts as of May 1, 1998)
Select Income Portfolio (closed for new contracts as of May 1, 1998)
GREENWICH STREET SERIES FUND
Equity Index Portfolio Class II (added as of May 1, 1999)
AMENDMENT NO. VII
To the Automatic Reinsurance Agreement
Between
THE TRAVELERS LIFE AND ANNUITY COMPANY
And
SWISS RE LIFE & HEALTH AMERICA INC.
Except as hereinafter specified, all terms and conditions of the Automatic
Reinsurance Agreement effective the 1st day of July, 1995, amendments and
addenda attached thereto, shall apply, and this Amendment is to be attached to
and made a part of the aforesaid Agreement.
It is mutually agreed that, effective the 31st day of December, 1999, the letter
of intent dated January 22, 1999, a copy of which is attached, that terminates
this Agreement effective December 31, 2000, is hereby replaced by the terms of
this Amendment.
1. Effective the 31st day of December, 1999, Swiss Re Life & Health agrees to
accept new business under the terms of this Agreement on applications
written in states where approval is pending for the variable annuity
product that will replace the products reinsured hereunder. On and after
the date particular state approval is received, no new business shall be
accepted on applications written in the approved state.
2. Effective the 1st day of April, 2000, the Company shall pay to Swiss Re
Life & Health a premium surcharge of 10% on all new business policies
written on or after the effective date shown in this Paragraph. Said
surcharge shall remain payable for the duration of the reinsurance on all
policies originally assessed with the surcharge.
IN WITNESS WHEREOF, the Company and Swiss Re Life & Health have caused their
names to be subscribed and duly attested hereunder by their respective
Authorized Officers.
THE TRAVELERS LIFE AND ANNUITY COMPANY
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
---------------------------- ----------------------------
Title: Actuary Title: Counsel
Date: July 28, 2000 Date: July 28, 0000
XXXXX RE LIFE & HEALTH AMERICA INC.
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
---------------------------- ----------------------------
Title: Vice President Title: Second Vice President
Date: 10/3/00 Date: October 5, 2000
SWISS RE LIFE & HEALTH
XXXXXX X. XXXXXXXXX, FSA
Actuary
Xx. Xxxx Xxxxxxxx Swiss Re Life & Health America Inc.
Actuarial Manager 00 X. 00xx Xxxxxx
Individual Annuities Xxx Xxxx, Xxx Xxxx 00000
The Travelers Life Insurance Company Telephone (000) 000-0000
One Tower Square Fax (000) 000-0000
Xxxxxxxx, XX 00000-0000 E-mail Xxxxxx_Xxxxxxxxx@xxxxxxx.xxx
January 22, 1999
Dear Xxxx :
Swiss Re Life & Health America Inc. is making changes to its organization so
that it may expand its leadership position in traditional life reinsurance and
administrative reinsurance.
Since 1994, Swiss Re Life & Health America Inc. has been providing reinsurance
coverage for certain benefit guarantees provided under variable annuity
products, such as the Guaranteed Minimum Death Benefit (GMDB). Some coverage
for other benefits under variable annuities has also been provided. As a result
of our decision to concentrate our efforts in our core business, we will no
longer enter into new reinsurance agreements for GMDB and other benefits on
variable annuities. In addition we will be canceling existing agreements for new
GMDB business at the earliest possible date permitted under the provisions of
the Duration of Agreement Article of each agreement.
This letter will serve as notice that Swiss Re Life & Health America will
discontinue reinsurance of new business under the Automatic Reinsurance
Agreement of July 1, 1995 with The Travelers Life and Annuity Company. The
effective date of termination is December 31, 2000, as required under Article
XVIII Duration of Agreement.
The Non-Traditional Products (NTP) Staff at Swiss Re Life & Health America will
be available through the end of February, 1999 to answer questions you may have
about your company's GMDB reinsurance. At a later date we will notify you of the
names of your new contacts.
Below are the names of the present NTP Staff and their respective areas of
responsibilities.
- Xxxxx Xxxxxxx (000)-000-0000 - Treaties
- Xxxxx Xxxxxxxxx (000)-000-0000 - Reserves and Monitoring
- Xxxxx Xxxxxxxx (000)-000-0000 - Administration
- Xxxx Xxxxxxxxx (000)-000-0000 - All other inquiries
We hope your Variable Annuity business continues to prosper and we look forward
to working with you in other areas.
Sincerely;
[ILLEGIBLE]
Cc Xxx Xxxxxxx
2
AMENDMENT NO. VIII
To the Automatic Reinsurance Agreement
Between
THE TRAVELERS LIFE AND ANNUITY COMPANY
And
SWISS RE LIFE & HEALTH AMERICA INC.
Except as hereinafter specified, all terms and conditions of the Automatic
Reinsurance Agreement effective the 1st day of July, 1995, amendments and
addenda attached thereto, shall apply, and this Amendment is to be attached to
and made a part of the aforesaid Agreement.
It is mutually agreed that, Exhibit B, Separate Account Mutual Funds, is
expanded, as attached, with effective dates as noted.
IN WITNESS WHEREOF, the Company and Swiss Re Life America have caused their
names to be subscribed and duly attested hereunder by their respective
Authorized Officers.
THE TRAVELERS LIFE AND ANNUITY COMPANY
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
---------------------------- ----------------------------
Title: 2nd VP & Actuary Title: Counsel
Date: 12/03/01 Date: Xxxxxxxx 0, 0000
XXXXX RE LIFE & HEALTH AMERICA INC.
By: -s- [ILLEGIBLE] Attest: [ILLEGIBLE]
---------------------------- ----------------------------
Title: EVP + CHIEF PRICING OFFICER Title: Treaty Contracts Analyst
Date: 5/18/01 Date: 5/18/01
EXHIBIT B
Separate Account Mutual Funds
STOCK FUNDS
Xxxxx Xxxxxx Income & Growth Portfolio (known as Xxxxx Xxxxxx Large Cap Value
Portfolio as of May 1, 1998)
Alliance Growth Portfolio
American Capital Enterprise Portfolio
Xxxxx Xxxxxx International Equity Portfolio (merged into Xxxxx Xxxxxx International All
Cap Growth Portfolio as of April 20, 2001)
Xxxxx Xxxxxx Pacific Basin Portfolio (merged into Xxxxx Xxxxxx International All
Cap Growth Portfolio as of April 20, 2001)
Xxxxx Xxxxxx Total Return Portfolio
AIM Capital Appreciation Portfolio
MFS Emerging Growth Portfolio
Dreyfus Small Cap Portfolio (added as of May 1, 1998)
MFS Research Portfolio (added as of May 1, 1998)
Salomon Brothers Investors Fund (added as of May 1, 1998)
Xxxxx Xxxxxx Large Cap Growth Portfolio (added as of May 1, 1998)
Strategic Stock Portfolio (added as of May 1, 1998)
(merged into Salomon Brothers Investors
Fund as of September 3, 2001)
Travelers Disciplined Mid Cap Stock Portfolio (added as of May 1, 1998)
Travelers Disciplined Small Cap Stock Portfolio (added as of May 1, 1998)
(merged into Salomon Brothers Investors
Fund as of September 3, 2001)
Xxxxx Xxxxxx Small Cap Growth Opportunities Portfolio (added as of May 1, 2001)
BOND FUNDS
TBC Managed Income Portfolio
Xxxxxx Diversified Income Portfolio
G.T. Global Strategic Income Portfolio (name change to Salomon Brothers Global
High Yield Portfolio as of July 3, 2000)
Xxxxx Xxxxxx High Income Portfolio
Travelers Convertible bond Portfolio (added as of May 1, 1998)
ASSET ALLOC/BALANCED FUNDS
MFS Total Return Portfolio
Salomon Brothers Total Return Fund (added as of May 1, 1998)
MONEY FUNDS
Xxxxx Xxxxxx Money Market Portfolio
FIXED ACCOUNT
Travelers Fixed Account
EXHIBIT B
(CONTINUED)
SELECT PORTFOLIOS:
Select High Growth Portfolio (closed for new contracts as of May 1, 1998)
Select Growth Portfolio
Select Balanced Portfolio
Select Conservative Portfolio (closed for new contracts as of May 1, 1998)
(merged into Select Balanced Portfolio as of April 27, 2001)
Select Income Portfolio (closed for new contracts as of May 1, 1998)
(merged into Select Balanced Portfolio as of April 27, 2001)
GREENWICH STREET SERIES FUND
Equity Index Portfolio Class II (added as of May 1, 1999)
Fundamental Value Portfolio (name change from Total Return Fund as of May 1, 2001)
XXXXX XXXXXX INVESTMENT SERIES
Large Cap Core Portfolio (added as of May 1, 2001)
Premier Selection All Cap Growth Portfolio (added as of May 1, 2001)
Small Cap Growth Opportunities Portfolio (added as of May 1, 2001)
AIM VARIABLE INSURANCE FUNDS
AIM V.I. Fund (added as of May 1, 2001)
ALLIANCE VARIABLE PRODUCT SERIES
Premier Growth Portfolio - Class B (added as of May 1, 2001)
AMERICAN VARIABLE INSURANCE SERIES
Global Growth Fund - Class 2 (added as of May 1, 2001)
Growth Fund - Class 2 (added as of May 1, 2001)
Growth Income Fund - Class 2 (added as of May 1, 2001)
Amendment IX to Automatic Reinsurance Agreement # 0843601 effective July 1, 1995
between THE TRAVELERS LIFE AND ANNUITY COMPANY of Hartford, Connecticut
("the Company") and SWISS RE LIFE & HEALTH AMERICA INC. of Stamford, Connecticut
("the Reinsurer").
It is mutually agreed that Exhibit B, Separate Account Mutual Funds, is expanded
as attached, with effective dates noted.
All other provisions of the Reinsurance Agreement will continue unchanged.
Made in duplicate and hereby executed by both parties.
THE TRAVELERS LIFE AND ANNUITY COMPANY *
By -s- [ILLEGIBLE]
-----------------------------
Title AVP & Actuary
Date 5/18/06
SWISS RE LIFE & HEALTH AMERICA INC.
By -s- [ILLEGIBLE] By -S- [ILLEGIBLE]
----------------------------- ---------------------------
Title Head of Producers Title AVP
Date 5/12/06 Date 5/15/06
* Name changed on 5/1/06 to metLife Life and Annuity Company of Connecticut.
Page 1
EXHIBIT B
SEPARATE ACCOUNT MUTUAL FUNDS
STOCK FUNDS
Xxxxx Xxxxxx Income & Growth Portfolio
- Effective May 1, 1998, known as Xxxxx Xxxxxx Large Cap Value
Portfolio
- Effective July 1, 2003, Investment Objective Change
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Large Cap Value Portfolio
Alliance Growth Portfolio
- Effective September 15, 2003, name change to Strategic Equity
Portfolio
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: FI Large Cap Portfolio - (Class A Shares)
American Capital Enterprise Portfolio
- Effective May 1, 1997, name change to Xxx Xxxxxx American Capital
- Effective May 1, 1999, name change to Xxx Xxxxxx American Enterprise
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: Capital Guardian U.S. Equity Portfolio - (Class A
Shares)
Xxxxx Xxxxxx International Equity Portfolio
- Effective April 20, 2001, merged into Xxxxx Xxxxxx International All
Cap Growth Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
International All Cap Growth Portfolio
Xxxxx Xxxxxx Pacific Basin Portfolio
- Effective April 20, 2001, merged into Xxxxx Xxxxxx International All
Cap Growth Portfolio
AIM Capital Appreciation Portfolio
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Met/AIM Capital Appreciation Portfolio - (Class
A Shares)
MFS Emerging Growth Portfolio
- Effective February 25, 2005, merged into MFS Mid Cap Growth Portfolio
MFS Mid Cap Growth Portfolio
- Added as of February 13, 2005
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: BlackRock Aggressive Growth Portfolio - (Class D
Shares)
Page 2
EXHIBIT B
(Continued)
MFS Research Portfolio
- Added as of May 1, 1998
- Effective November 15, 2003, name, subadvisor and investment
objective change to Xxxxxxx Xxxxx Large Cap Core Portfolio
- Effective May 2, 2005, name change to Mercury Large Cap Core
Portfolio
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Mercury Large-Cap Core Portfolio - (Class A
Shares)
Dreyfus Small Cap Portfolio
- Added as of May 1, 1998
- Effective January 1, 2003, name change to Dreyfus Variable Investment
Fund
- Developing Leaders Portfolio - Initial Shares, and investment
objective change
Salomon Brothers Investors Fund
- Added as of May 1, 1998
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Investors Fund - (Class I Shares)
Xxxxx Xxxxxx Large Cap Growth Portfolio
- Added as of May 1, 1998
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Large Cap Growth Portfolio
Strategic Stock Portfolio
- Added as of May 1, 1998
- Effective September 3, 2001, merged into Salomon Brothers Investors
Fund
Travelers Disciplined Mid Cap Stock Portfolio
- Added as of May 1, 1998
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Batterymarch Mid-Cap Stock Portfolio -
(Class A Shares)
Travelers Disciplined Small Cap Stock Portfolio
- Added as of May 1, 1998
- Effective September 3, 2001, merged into Salomon Brothers Investors
Fund
BOND FUNDS
TBC Managed Income Portfolio
- Effective May 1999, name change to Travelers Managed Income
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: BlackRock Bond Income Portfolio - (Class E
Shares)
Page 3
EXHIBIT B
(Continued)
Xxxxxx Diversified Income Portfolio
- Effective July 1, 2003, name change to Pioneer Strategic Income
Portfolio
- Effective July 1, 2003, Subadvisor Change and Investment Objective
Change
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Pioneer Strategic Income Portfolio - (Class A
Shares)
G.T. Global Strategic Income Portfolio
- Effective July 3, 2000, name change to Salomon Brothers Global High
Yield Portfolio
- Effective June 1, 2002, name change to Salomon Brothers Strategic
Total Return Bond Fund
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: Western Asset Management Strategic Bond
Opportunities Portfolio - (Class A Shares)
Xxxxx Xxxxxx High Income Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
High Income Portfolio
Travelers Convertible bond Portfolio
- Added as of May 1, 1998
- Effective May 1, 2002, name change to Convertible Securities
Portfolio
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Lord Xxxxxx Bond Debenture Portfolio - (Class A
Shares)
ASSET ALLOC/BALANCED FUNDS
MFS Total Return Portfolio
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: MFS Total Return Portfolio - (Class F Shares)
Salomon Brothers Total Return Fund
- Added as of May 1, 1998
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Total Return Portfolio - (Class I Shares)
MONEY FUNDS
Xxxxx Xxxxxx Money Market Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Money Market Portfolio
FIXED ACCOUNT
Travelers Fixed Account
XXXXX XXXXXX SELECT PORTFOLIOS
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Lifestyle
Series, Inc.
Page 4
EXHIBIT B
(Continued)
Select High Growth Portfolio
- Closed for new contracts as of May 1, 1998
- Reopened as of May 1, 2003
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Lifestyle High Growth Portfolio
Select Growth Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Lifestyle Growth Portfolio
Select Balanced Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Lifestyle Balanced Portfolio
Select Conservative Portfolio
- Closed for new contracts as of May 1, 1998
- Effective April 27, 2001, merged into Select Balanced Portfolio
Select Income Portfolio
- Closed for new contracts as of May 1, 1998
- Effective April 27, 2001, merged into Select Balanced Portfolio
Small Cap Growth Opportunities Portfolio
- Added as of May 1, 2001
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Small Cap Growth Opportunities Portfolio
GREENWICH STREET SERIES FUND
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Portfolios II
Equity Index Portfolio Class II
- Added as of May 1, 1999
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Equity Index Portfolio - (Class II Shares)
Fundamental Value Portfolio
- Added as of May 1, 2001
- Effective May 1, 2001, name change from Total Return Fund
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Fundamental Value Portfolio
XXXXX XXXXXX INVESTMENT SERIES
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Investment
Series
Page 5
EXHIBIT B
(Continued)
Large Cap Core Portfolio
- Added as of May 1, 2001
- Effective October 15, 2004, name change to Xxxxx Xxxxxx Dividend
Strategy Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Dividend Strategy Portfolio
Premier Selection All Cap Growth Portfolio
- Added as of May 1, 2001
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Premier Selections All Cap Growth Portfolio
AIM VARIABLE INSURANCE FUNDS
AIM V.I. Value Fund
- Added as of May 1, 2001
- Effective May 1, 2002, name change to AIM V.I. Premier Equity Fund
Series I
- Effective May 1, 2006, merged into AIM VI Core Equity Fund Series I
ALLIANCE VARIABLE PRODUCT SERIES
Premier Growth Portfolio - Class B
- Added as of May 1, 2001
- Effective May 1, 2003, series name change to: AllianceBernstein
Variable Product Series Fund, Inc. and fund name change to:
AllianceBernstein Premier Growth Portfolio - Class B
- As of May 2, 2005, name change to AllianceBernstein Large-Cap Growth
Portfolio-Class B
- Effective May 1, 2006, fund substituted by new trust: Metropolitan
Series Fund; new fund name: X. Xxxx Price Large Cap Growth Portfolio -
(Class B Shares)
AMERICAN VARIABLE INSURANCE SERIES
Global Growth Fund - Class 2
- Added as of May 1, 2001
Growth Fund - Class 2
- Added as of May 1, 2001
Growth Income Fund - Class 2
- Added as of May 1, 2001
Page 6
Amendment X to Automatic Reinsurance Agreement # 0843601 effective July 1, 1995
between METLIFE LIFE AND ANNUITY COMPANY OF CONNECTICUT of Hartford, Connecticut
("the Company") and SWISS RE LIFE & HEALTH AMERICA INC. of Stamford, Connecticut
("the Reinsurer").
Effective November 13, 2006, Exhibit B, Separate Account Mutual Funds, is
revised as attached.
All other provisions of the Reinsurance Agreement will continue unchanged.
Made in duplicate and hereby executed by both parties.
METLIFE LIFE AND ANNUITY COMPANY OF CONNECTICUT
By -s- [ILLEGIBLE] By -s- [ILLEGIBLE]
---------------------------- ----------------------------
Title [ILLEGIBLE] Title Actuary
Date 1/31/07 Date 1/31/07
SWISS RE LIFE & HEALTH AMERICA INC.
By -s- [ILLEGIBLE] By -s- [ILLEGIBLE]
---------------------------- ----------------------------
Title [ILLEGIBLE] Title VP
Date [ILLEGIBLE] Date 4/13/07
Page 1
EXHIBIT B
SEPARATE ACCOUNT MUTUAL FUNDS
STOCK FUNDS
Xxxxx Xxxxxx Income & Growth Portfolio
- Effective May 1, 1998, known as Xxxxx Xxxxxx Large Cap Value
Portfolio
- Effective July 1, 2003, Investment Objective Change
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Large Cap Value Portfolio
Alliance Growth Portfolio
- Effective September 1 5, 2003, name change to Strategic Equity
Portfolio
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: FI Large Cap Portfolio - (Class A Shares)
American Capital Enterprise Portfolio
- Effective May 1, 1997, name change to Xxx Xxxxxx American Capital
- Effective May 1, 1999, name change to Xxx Xxxxxx American Enterprise
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: Capital Guardian U.S. Equity Portfolio - (Class A
Shares)
Xxxxx Xxxxxx International Equity Portfolio
- Effective April 20, 2001, merged into Xxxxx Xxxxxx International All
Cap Growth Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
International All Cap Growth Portfolio
Xxxxx Xxxxxx Pacific Basin Portfolio
- Effective April 20, 2001, merged into Xxxxx Xxxxxx International All
Cap Growth Portfolio
AIM Capital Appreciation Portfolio
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Met/AIM Capital Appreciation Portfolio - (Class
A Shares)
MFS Emerging Growth Portfolio
- Effective February 25, 2005, merged into MFS Mid Cap Growth Portfolio
MFS Mid Cap Growth Portfolio
- Added as of February 13, 2005
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: BlackRock Aggressive Growth Portfolio - (Class D
Shares)
Page 2
EXHIBIT B
(Continued)
MFS Research Portfolio
- Added as of May 1, 1998
- Effective November 1 5, 2003, name, subadvisor and investment
objective change to Xxxxxxx Xxxxx Large Cap Core Portfolio
- Effective May 2, 2005, name change to Mercury Large Cap Core
Portfolio
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Mercury Large-Cap Core Portfolio - (Class A
Shares)
- EFFECTIVE NOVEMBER 13, 2006, FUND NAME CHANGE TO BLACKROCK LARGE CAP
CORE PORTFOLIO
Dreyfus Small Cap Portfolio
- Added as of May 1, 1 998
- Effective January 1, 2003, name change to Dreyfus Variable Investment
Fund -Developing Leaders Portfolio - Initial Shares, and investment
objective change
Salomon Brothers Investors Fund
- Added as of May 1, 1998
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Investors Fund - (Class I Shares)
Xxxxx Xxxxxx Large Cap Growth Portfolio
- Added as of May 1, 1 998
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Large Cap Growth Portfolio
Strategic Stock Portfolio
- Added as of May 1, 1 998
- Effective September 3, 2001, merged into Salomon Brothers Investors
Fund
Travelers Disciplined Mid Cap Stock Portfolio
- Added as of May 1, 1998
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Batterymarch Mid-Cap Stock Portfolio - (Class A
Shares)
Travelers Disciplined Small Cap Stock Portfolio
- Added as of May 1, 1998
- Effective September 3, 2001, merged into Salomon Brothers
Investors Fund
BOND FUNDS
TBC Managed Income Portfolio
- Effective May 1999, name change to Travelers Managed Income
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: BlackRock Bond Income Portfolio - (Class E
Shares)
Page 3
EXHIBIT B
(Continued)
Xxxxxx Diversified Income Portfolio
- Effective July 1, 2003, name change to Pioneer Strategic Income
Portfolio
- Effective July 1, 2003, Subadvisor Change and Investment Objective
Change
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Pioneer Strategic Income Portfolio - (Class A
Shares)
G.T. Global Strategic Income Portfolio
- Effective July 3, 2000, name change to Salomon Brothers Global High
Yield Portfolio
- Effective June 1, 2002, name change to Salomon Brothers Strategic
Total Return Bond Fund
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: Western Asset Management Strategic Bond
Opportunities Portfolio - (Class A Shares)
Xxxxx Xxxxxx High Income Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
High Income Portfolio
Travelers Convertible bond Portfolio
- Added as of May 1, 1998
- Effective May 1, 2002, name change to Convertible Securities
Portfolio
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Lord Xxxxxx Bond Debenture Portfolio - (Class A
Shares)
ASSET ALLOC/BALANCED FUNDS
MFS Total Return Portfolio
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: MFS Total Return Portfolio - (Class F Shares)
Salomon Brothers Total Return Fund
- Added as of May 1, 1998
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Total Return Portfolio - (Class I Shares)
MONEY FUNDS
Xxxxx Xxxxxx Money Market Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Money Market Portfolio
FIXED ACCOUNT
Travelers Fixed Account
XXXXX XXXXXX SELECT PORTFOLIOS
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Lifestyle
Series, Inc.
Page 4
EXHIBIT B
(Continued)
Select High Growth Portfolio
- Closed for new contracts as of May 1, 1998
- Reopened as of May 1, 2003
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Lifestyle High Growth Portfolio
Select Growth Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Lifestyle Growth Portfolio
Select Balanced Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Lifestyle Balanced Portfolio
Select Conservative Portfolio
- Closed for new contracts as of May 1, 1998
- Effective April 27, 2001, merged into Select Balanced Portfolio
Select Income Portfolio
- Closed for new contracts as of May 1, 1998
- Effective April 27, 2001, merged into Select Balanced Portfolio
Small Cap Growth Opportunities Portfolio
- Added as of May 1, 2001
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Small Cap Growth Opportunities Portfolio
GREENWICH STREET SERIES FUND
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Portfolios II
Equity Index Portfolio Class II
- Added as of May 1, 1999
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Equity Index Portfolio - (Class II Shares)
Fundamental Value Portfolio
- Added as of May 1, 2001
- Effective May 1, 2001, name change from Total Return Fund
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Fundamental Value Portfolio
XXXXX XXXXXX INVESTMENT SERIES
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Investment
Series
Page 5
EXHIBIT B
(Continued)
Large Cap Core Portfolio
- Added as of May 1, 2001
- Effective October 15, 2004, name change to Xxxxx Xxxxxx Dividend
Strategy Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Dividend Strategy Portfolio
Premier Selection All Cap Growth Portfolio
- Added as of May 1, 2001
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Premier Selections All Cap Growth Portfolio
AIM VARIABLE INSURANCE FUNDS
AIM V.I. Value Fund
- Added as of May 1, 2001
- Effective May 1, 2002, name change to AIM V.I. Premier Equity Fund
Series I
- Effective May 1, 2006, merged into AIM VI Core Equity Fund Series I
ALLIANCE VARIABLE PRODUCT SERIES
Premier Growth Portfolio - Class B
- Added as of May 1, 2001
- Effective May 1, 2003, series name change to: AllianceBernstein
Variable Product Series Fund, Inc. and fund name change to:
AllianceBernstein Premier Growth Portfolio - Class B
- As of May 2, 2005, name change to AllianceBernstein Large-Cap Growth
Portfolio-Class B
- Effective May 1, 2006, fund substituted by new trust: Metropolitan
Series Fund; new fund name: X. Xxxx Price Large Cap Growth Portfolio -
(Class B Shares)
AMERICAN VARIABLE INSURANCE SERIES
Global Growth Fund - Class 2
- Added as of May 1, 2001
Growth Fund - Class 2
- Added as of May 1, 2001
Growth Income Fund - Class 2
- Added as of May 1, 2001
Page 6
Amendment XI to Automatic Reinsurance Agreement #166993US-95 effective July 1,
1995 between METLIFE LIFE AND ANNUITY COMPANY OF CONNECTICUT of Hartford,
Connecticut ("the Company") and SWISS RE LIFE & HEALTH AMERICA INC. of Stamford,
Connecticut ("the Reinsurer").
Effective April 30, 2007, Exhibit B, Separate Account Mutual Funds, is revised
as attached.
All other provisions of the Reinsurance Agreement will continue unchanged.
Made in duplicate and hereby executed by both parties.
METLIFE LIFE AND ANNUITY COMPANY OF CONNECTICUT
By -s- [ILLEGIBLE] By
---------------------------- --------------------------------
Title [ILLEGIBLE] Title
-----------------------------
Date 6/4/07 Date
-----------------------------
SWISS RE LIFE & HEALTH AMERICA INC.
By -s- [ILLEGIBLE] By -s- [ILLEGIBLE]
---------------------------- ----------------------------
Title MD Title VP
Date 5/7/07 Date 5/4/07
Page 1
EXHIBIT B
SEPARATE ACCOUNT MUTUAL FUNDS
STOCK FUNDS
Xxxxx Xxxxxx Income & Growth Portfolio
- Effective May 1, 1998, known as Xxxxx Xxxxxx Large Cap Value
Portfolio
- Effective July 1, 2003, Investment Objective Change
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Large Cap Value Portfolio
- EFFECTIVE APRIL 30, 2007, MERGED INTO NEW TRUST: XXXX XXXXX PARTNERS
VARIABLE EQUITY TRUST. NEW FUND NAME: XXXX XXXXX PARTNERS VARIABLE
INVESTORS PORTFOLIO - (CLASS I SHARES)
Alliance Growth Portfolio
- Effective September 15, 2003, name change to Strategic Equity
Portfolio
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: FI Large Cap Portfolio - (Class A Shares)
American Capital Enterprise Portfolio
- Effective May 1, 1997, name change to Xxx Xxxxxx American Capital
- Effective May 1, 1999, name change to Xxx Xxxxxx American Enterprise
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: Capital Guardian U.S. Equity Portfolio - (Class A
Shares)
Xxxxx Xxxxxx International Equity Portfolio
- Effective April 20, 2001, merged into Xxxxx Xxxxxx International All
Cap Growth Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
International All Cap Growth Portfolio
- EFFECTIVE APRIL 30, 2007, TRUST NAME CHANGE TO XXXX XXXXX PARTNERS
VARIABLE EQUITY TRUST. NEW FUND NAME: XXXX XXXXX PARTNERS VARIABLE
INTERNATIONAL ALL CAP OPPORTUNITY PORTFOLIO
Xxxxx Xxxxxx Pacific Basin Portfolio
- Effective April 20, 2001, merged into Xxxxx Xxxxxx International All
Cap Growth Portfolio
AIM Capital Appreciation Portfolio
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Met/AIM Capital Appreciation Portfolio - (Class
A Shares)
MFS Emerging Growth Portfolio
- Effective February 25, 2005, merged into MFS Mid Cap Growth Portfolio
MFS Mid Cap Growth Portfolio
- Added as of February 13, 2005
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: BlackRock Aggressive Growth Portfolio - (Class D
Shares)
Page 2
EXHIBIT B
(CONTINUED)
MFS Research Portfolio
- Added as of May 1, 1998
- Effective November 15, 2003, name, subadvisor and investment
objective change to Xxxxxxx Xxxxx Large Cap Core Portfolio
- Effective May 2, 2005, name change to Mercury Large Cap Core
Portfolio
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Mercury Large-Cap Core Portfolio - (Class A
Shares)
- Effective November 13, 2006, fund name change to BlackRock Large-Cap
Core Portfolio
- EFFECTIVE APRIL 30, 2007, SHARE CLASS EXCHANGE: CLASS E SHARES
Dreyfus Small Cap Portfolio
- Added as of May 1, 1998
- Effective January 1, 2003, name change to Dreyfus Variable Investment
Fund -Developing Leaders Portfolio - Initial Shares, and investment
objective change
Salomon Brothers Investors Fund
- Added as of May 1, 1998
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Investors Fund - (Class I Shares)
Xxxxx Xxxxxx Large Cap Growth Portfolio
- Added as of May 1, 1998
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Large Cap Growth Portfolio
Strategic Stock Portfolio
- Added as of May 1, 1998
- Effective September 3, 2001, merged into Salomon Brothers Investors
Fund
Travelers Disciplined Mid Cap Stock Portfolio
- Added as of May 1, 1998
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Batterymarch Mid-Cap Stock Portfolio - (Class A
Shares)
Travelers Disciplined Small Cap Stock Portfolio
- Added as of May 1, 1998
- Effective September 3, 2001, merged into Salomon Brothers Investors
Fund
BOND FUNDS
TBC Managed Income Portfolio
- Effective May 1999, name change to Travelers Managed Income
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: BlackRock Bond Income Portfolio - (Class E
Shares)
Page 3
EXHIBIT B
(CONTINUED)
Xxxxxx Diversified Income Portfolio
- Effective July 1, 2003, name change to Pioneer Strategic Income
Portfolio
- Effective July 1, 2003, Subadvisor Change and Investment Objective
Change
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Pioneer Strategic Income Portfolio - (Class A
Shares)
G.T. Global Strategic Income Portfolio
- Effective July 3, 2000, name change to Salomon Brothers Global High
Yield Portfolio
- Effective June 1, 2002, name change to Salomon Brothers Strategic
Total Return Bond Fund
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: Western Asset Management Strategic Bond
Opportunities Portfolio - (Class A Shares)
Xxxxx Xxxxxx High Income Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
High Income Portfolio
Travelers Convertible bond Portfolio
- Added as of May 1, 1998
- Effective May 1, 2002, name change to Convertible Securities
Portfolio
- Effective May 1, 2006, merged into new trust: Met Investors Series
Trust; new fund name: Lord Xxxxxx Bond Debenture Portfolio - (Class A
Shares)
ASSET ALLOC/BALANCED FUNDS
MFS Total Return Portfolio
- Effective May 1, 2006, merged into new trust: Metropolitan Series
Fund; new fund name: MFS Total Return Portfolio - (Class F Shares)
Salomon Brothers Total Return Fund
- Added as of May 1, 1998
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Total Return Portfolio - (Class I Shares)
- EFFECTIVE APRIL 30, 2007, MERGED INTO NEW TRUST: XXXX XXXXX PARTNERS
VARIABLE EQUITY TRUST. NEW FUND NAME: XXXX XXXXX PARTNERS VARIABLE
CAPITAL AND INCOME PORTFOLIO
MONEY FUNDS
Xxxxx Xxxxxx Money Market Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Money Market Portfolio
FIXED ACCOUNT
Travelers Fixed Account
XXXXX XXXXXX SELECT PORTFOLIOS
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Lifestyle
Series, Inc.
Page 4
EXHIBIT B
(CONTINUED)
Select High Growth Portfolio
- Closed for new contracts as of May 1, 1998
- Reopened as of May 1, 2003
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Lifestyle High Growth Portfolio
- EFFECTIVE DECEMBER 29, 2006, NEW FUND NAME: XXXX XXXXX PARTNERS
VARIABLE LIFESTYLE ALLOCATION 85%
- EFFECTIVE APRIL 30, 2007, TRUST NAME CHANGE TO XXXX XXXXX PARTNERS
VARIABLE EQUITY TRUST
Select Growth Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Lifestyle Growth Portfolio
- EFFECTIVE DECEMBER 29, 2006, NEW FUND NAME: XXXX XXXXX PARTNERS
VARIABLE LIFESTYLE ALLOCATION 70%
- EFFECTIVE APRIL 30, 2007, TRUST NAME CHANGE TO XXXX XXXXX PARTNERS
VARIABLE EQUITY TRUST
Select Balanced Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Lifestyle Balanced Portfolio
- EFFECTIVE DECEMBER 29, 2006, NEW FUND NAME: XXXX XXXXX PARTNERS
VARIABLE LIFESTYLE ALLOCATION 50%
- EFFECTIVE APRIL 30, 2007, TRUST NAME CHANGE TO XXXX XXXXX PARTNERS
VARIABLE EQUITY TRUST
Select Conservative Portfolio
- Closed for new contracts as of May 1, 1998
- Effective April 27, 2001, merged into Select Balanced Portfolio
Select Income Portfolio
- Closed for new contracts as of May 1, 1998
- Effective April 27, 2001, merged into Select Balanced Portfolio
Small Cap Growth Opportunities Portfolio
- Added as of May 1, 2001
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Small Cap Growth Opportunities Portfolio
- EFFECTIVE APRIL 30, 2007, MERGED INTO NEW TRUST: XXXX XXXXX PARTNERS
VARIABLE EQUITY TRUST. NEW FUND NAME: XXXX XXXXX PARTNERS VARIABLE
SMALL CAP GROWTH OPPORTUNITIES PORTFOLIO
Page 5
EXHIBIT B
(CONTINUED)
GREENWICH STREET SERIES FUND
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Portfolios II
Equity Index Portfolio Class II
- Added as of May 1, 1999
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Equity Index Portfolio - (Class II Shares)
Fundamental Value Portfolio
- Added as of May 1, 2001
- Effective May 1, 2001, name change from Total Return Fund
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Fundamental Value Portfolio
XXXXX XXXXXX INVESTMENT SERIES
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Investment
Series
Large Cap Core Portfolio
- Added as of May 1, 2001
- Effective October 15, 2004, name change to Xxxxx Xxxxxx Dividend
Strategy Portfolio
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Dividend Strategy Portfolio
Premier Selection All Cap Growth Portfolio
- Added as of May 1, 2001
- Effective May 1, 2006, name change to Xxxx Xxxxx Partners Variable
Premier Selections All Cap Growth Portfolio
- EFFECTIVE APRIL 30, 2007, MERGED INTO NEW TRUST: XXXX XXXXX PARTNERS
VARIABLE EQUITY TRUST. NEW FUND NAME: XXXX XXXXX PARTNERS VARIABLE
AGGRESSIVE GROWTH - (CLASS I SHARES)
AIM VARIABLE INSURANCE FUNDS
AIM V.I. Value Fund
- Added as of May 1, 2001
- Effective May 1, 2002, name change to AIM V.I. Premier Equity Fund
Series I
- Effective May 1, 2006, merged into AIM VI Core Equity Fund Series I
- EFFECTIVE APRIL 30, 2007, FUND SUBSTITUTED BY NEW TRUST: METROPOLITAN
SERIES FUND. NEW FUND NAME: CAPITAL GUARDIAN U.S. EQUITY PORTFOLIO -
(CLASS A SHARES)
ALLIANCE VARIABLE PRODUCT SERIES
Premier Growth Portfolio - Class B
- Added as of May 1, 2001
- Effective May 1, 2003, series name change to: AllianceBernstein
Variable Product Series Fund, Inc. and fund name change to:
AllianceBernstein Premier Growth Portfolio - Class B
- As of May 2, 2005, name change to AllianceBernstein Large-Cap Growth
Portfolio-Class B
- Effective May 1, 2006, fund substituted by new trust: Metropolitan
Series Fund; new fund name: X. Xxxx Price Large Cap Growth Portfolio -
(Class B Shares)
Page 6
EXHIBIT B
(CONTINUED)
AMERICAN VARIABLE INSURANCE SERIES
Global Growth Fund - Class 2
- Added as of May 1, 2001
Growth Fund - Class 2
- Added as of May 1, 2001
Growth Income Fund - Class 2
- Added as of May 1, 2001
Page 7
Amendment XVII to the July 1, 1995 Automatic Reinsurance Agreement #I66993US-95
(SR#0843601) between METLIFE LIFE AND ANNUITY COMPANY OF CONNECTICUT of
Hartford, Connecticut ("the Company") and SWISS RE LIFE & HEALTH AMERICA INC. of
Stamford, Connecticut ("the Reinsurer").
WHEREAS, MetLife Life and Annuity Company of Connecticut merged into MetLife
Insurance Company of Connecticut on December 7, 2007.
Effective April 28, 2008, Exhibit B, Investment Funds, is revised and replaced
by Exhibit B attached hereto.
All other provisions of the Reinsurance Agreement will continue unchanged.
Made in duplicate and hereby executed by both parties.
METLIFE INSURANCE COMPANY OF CONNECTICUT, AS SUCCESSOR IN INTEREST TO METLIFE
LIFE AND ANNUITY COMPANY OF CONNECTICUT
By -s- [ILLEGIBLE]
-----------------------------
Title [ILLEGIBLE]
Date 6/3/08
SWISS RE LIFE & HEALTH AMERICA INC.
By -s- [ILLEGIBLE] By -s- [ILLEGIBLE]
---------------------------- ----------------------------
Title CFO Title SVP
Date 5/27/08 Date 5/20/08
VINTAGE - EXHIBIT B EFFECTIVE AS OF 4-28-2008
(SRLHA # I66993US-95)
TRUST NAME: AMERICAN FUNDS INSURANCE SERIES
PORTFOLIO NAMES: American Funds Global Growth Fund Class 2
American Funds Growth Fund Class 2
American Funds Growth-Income Fund Class 2
TRUST NAME: XXXX XXXXX PARTNERS VARIABLE EQUITY TRUST
PORTFOLIO NAMES: Xxxx Xxxxx Partners Variable Aggressive Growth Class I
Xxxx Xxxxx Partners Variable Capital and Income Portfolio Class I
Xxxx Xxxxx Partners Variable Equity Index Portfolio Class II
Xxxx Xxxxx Partners Variable International All Cap Opportunity Portfolio Single Share Class
Xxxx Xxxxx Partners Variable Investors Portfolio Class I
Xxxx Xxxxx Partners Variable Lifestyle Allocation 50% Single Share Class
Xxxx Xxxxx Partners Variable Lifestyle Allocation 70% Single Share Class
Xxxx Xxxxx Partners Variable Lifestyle Allocation 85% Single Share Class
Xxxx Xxxxx Partners Variable Small Cap Growth Portfolio Class I
TRUST NAME: XXXX XXXXX PARTNERS VARIABLE INCOME TRUST
PORTFOLIO NAMES: Xxxx Xxxxx Partners Variable High Income Portfolio Single Share Class
Xxxx Xxxxx Partners Variable Money Market Portfolio Single Share Class
TRUST NAME: MET INVESTORS SERIES TRUST
PORTFOLIO NAMES: BlackRock Large Cap Core Portfolio Class E
Lazard Mid Cap Portfolio Class A
Lord Xxxxxx Bond Debenture Portfolio Class A
Met/AIM Capital Appreciation Portfolio Class A
Pioneer Strategic Income Portfolio Class A
TRUST NAME: METROPOLITAN SERIES FUND, INC.
PORTFOLIO NAMES: FI Large Cap Portfolio Class A
MFS(R) Total Return Portfolio Class F
Western Asset Management Strategic Bond Opportunities Portfolio Class A
BlackRock Aggressive Growth Portfolio Class D
BlackRock Bond Income Portfolio Class E
Capital Guardian U.S. Equity Portfolio Class A
X. Xxxx Price Large Cap Growth Portfolio Class B
X. Xxxx Price Small Cap Growth Portfolio Class B
THE FOLLOWING ARE CLOSED TO NEW DEPOSITS (HARD CLOSE - MLI DEFINITION):
TRUST NAME: XXXX XXXXX PARTNERS VARIABLE EQUITY TRUST
PORTFOLIO NAMES: Xxxx Xxxxx Partners Variable Dividend Strategy Portfolio Single Share Class
Xxxx Xxxxx Partners Variable Fundamental Value Portfolio Class I
Xxxx Xxxxx Partners Variable Large Cap Growth Portfolio Class I
2
Amendment XVII to Automatic Reinsurance Agreement I63185US-82 (previously
referred toas Agreement 0843601) effective July 1, 1995, between METLIFE
INSURANCE COMPANY OF CONNECTICUT of Hartford, Connecticut ("the Company") and
SWISS RE LIFE & HEALTH AMERICA INC. of Hartford, Connecticut ("the Reinsurer").
Effective May 4, 2009, Exhibit B is replaced in its entirety by the attached
Exhibit B.
All other provisions of the Reinsurance Agreement will continue unchanged.
Made in duplicate and hereby executed by both parties.
METLIFE INSURANCE COMPANY OF CONNECTICUT
By -s- [ILLEGIBLE] By -s- [ILLEGIBLE]
-------------------------------- --------------------------------------
Title [ILLEGIBLE] Title Vice President
Date 6/11/09 Date 6/17/09
SWISS RE LIFE & HEALTH AMERICA INC.
By -s- [ILLEGIBLE] By -s- [ILLEGIBLE]
-------------------------------- --------------------------------------
Title CFO Title SVP
Date 5/4/09 Date 4/22/09
Page 1
Amendment XIX to Automatic Reinsurance Agreement I66993US-95 (previously
referred to as Agreement 0843601) effective July 1, 1995, between METLIFE
INSURANCE COMPANY OF CONNECTICUT of Hartford, Connecticut ("the Company") and
SWISS RE LIFE & HEALTH AMERICA INC. of Hartford, Connecticut ("the Reinsurer").
Effective May 3, 2010, Exhibit B is replaced in its entirety by the attached
Exhibit B.
All other provisions of the Reinsurance Agreement will continue unchanged.
Made in duplicate and hereby executed by both parties.
METLIFE INSURANCE COMPANY OF CONNECTICUT
By -s- [ILLEGIBLE] By
-------------------------------- --------------------------------------
Title VP Title
-----------------------------------
Date 5/6/10 Date
------------------------------------
SWISS RE LIFE & HEALTH AMERICA INC.
By -s- [ILLEGIBLE] By -s- [ILLEGIBLE]
-------------------------------- --------------------------------------
Title CFO Title VP, VA
Date 4/23/10 Date 4/23/10
EXHIBIT B
(REVISED MAY 3, 2010)
VINTAGE
TRUST NAME: AMERICAN FUNDS INSURANCE SERIES(R) SHARE CLASS
PORTFOLIO NAMES: American Funds Global Growth Fund Class 2
American Funds Growth Fund Class 2
American Funds Growth-Income Fund Class 2
TRUST NAME: XXXX XXXXX PARTNERS VARIABLE EQUITY TRUST SHARE CLASS
PORTFOLIO NAMES: Xxxx Xxxxx ClearBridge Variable Aggressive Growth Portfolio Class I
Xxxx Xxxxx ClearBridge Variable Equity Income Builder Portfolioy Single Share Class
Xxxx Xxxxx Global Currents Variable International All Cap Opportunity Portfolio Class I
Xxxx Xxxxx ClearBridge Variable Large Cap Value Portfolio Class I
Xxxx Xxxxx Variable Lifestyle Allocation 50% Single Share Class
Xxxx Xxxxx Variable Lifestyle Allocation 70% Single Share Class
Xxxx Xxxxx Variable Lifestyle Allocation 85% Class I
Xxxx Xxxxx ClearBridge Variable Small Cap Growth Portfolio Class I
TRUST NAME: XXXX XXXXX PARTNERS VARIABLE INCOME TRUST SHARE CLASS
PORTFOLIO NAMES: Xxxx Xxxxx Western Asset Variable High Income Portfolio Single Share Class
TRUST NAME: MET INVESTORS SERIES TRUST SHARE CLASS
PORTFOLIO NAMES: BlackRock Large Cap Core Portfolio Class E
Lazard Mid Cap Portfolio Class A
Lord Xxxxxx Bond Debenture Portfolio Class A
Pioneer Fund Portfolio Class A
Pioneer Strategic Income Portfolio Class A
TRUST NAME: METROPOLITAN SERIES FUND, INC. SHARE CLASS
PORTFOLIO NAMES: BlackRock Aggressive Growth Portfolio Class D
BlackRock Bond Income Portfolio Class E
BlackRock Legacy Large Cap Growth Portfolio Class A
BlackRock Money Market Portfolio Class E
MetLife Stock Index Portfolio Class B
MFS(R) Total Return Portfolio Class F
X. Xxxx Price Large Cap Growth Portfolio Class B
X. Xxxx Price Small Cap Growth Portfolio Class B
Western Asset Management Strategic Bond Opportunities Portfolio Class A
EXHIBIT B
(REVISED MAY 3, 2010)
PAGE 2
THE FOLLOWING ARE CLOSED TO NEW DEPOSITS AND TRANSFERS (HARD CLOSE):
TRUST NAME: XXXX XXXXX PARTNERS VARIABLE EQUITY TRUST SHARE CLASS
PORTFOLIO NAMES: Xxxx Xxxxx ClearBridge Variable Dividend Strategy Portfolio Class I
Xxxx Xxxxx ClearBridge Variable Fundamental All Cap Value Portfolio Single Share Class
Xxxx Xxxxx ClearBridge Variable Large Cap Growth Portfolioy Single Share Class
EXHIBIT B
(REVISED MAY 4, 2009)
VINTAGE
Trust Name: AMERICAN FUNDS INSURANCE SERIES(R)
Portfolio Names: American Funds Global Growth Fund Class 2
American Funds Growth Fund Class 2
American Funds Growth-Income Fund Class 2
TRUST NAME: XXXX XXXXX PARTNERS VARIABLE EQUITY TRUST
PORTFOLIO NAMES: Xxxx Xxxxx Partners Variable Aggressive Growth Class I
Xxxx Xxxxx Partners Variable Appreciation Portfolio Class I
Xxxx Xxxxx Partners Variable International All Cap Opportunity Portfolio Single Share Class
Xxxx Xxxxx Partners Variable Investors Portfolio Class I
Xxxx Xxxxx Partners Variable Lifestyle Allocation 50% Single Share Class
Xxxx Xxxxx Partners Variable Lifestyle Allocation 70% Single Share Class
Xxxx Xxxxx Partners Variable Lifestyle Allocation 85% Single Share Class
Xxxx Xxxxx Partners Variable Small Cap Growth Portfolio Class I
TRUST NAME: XXXX XXXXX PARTNERS VARIABLE INCOME TRUST
PORTFOLIO NAMES: Xxxx Xxxxx Partners Variable High Income Portfolio Single Share Class
Xxxx Xxxxx Partners Variable Money Market Portfolio Single Share Class
TRUST NAME: MET INVESTORS SERIES TRUST
PORTFOLIO NAMES: BlackRock Large Cap Core Portfolio Class E
Lazard Mid Cap Portfolio Class A
Lord Xxxxxx Bond Debenture Portfolio Class A
Pioneer Strategic Income Portfolio Class A
Pioneer Fund Portfolio Class A
TRUST NAME: METROPOLITAN SERIES FUND, INC.
PORTFOLIO NAMES: BlackRock Legacy Large Cap Growth Portfolio Class A
MFS(R) Total Return Portfolio Class F
Western Asset Management Strategic Bond Opportunities Portfolio Class A
BlackRock Aggressive Growth Portfolio Class D
BlackRock Bond Income Portfolio Class E
X. Xxxx Price Large Cap Growth Portfolio Class B
X. Xxxx Price Small Cap Growth Portfolio Class B
MetLife Stock Index Portfolio Class B
THE FOLLOWING ARE CLOSED TO NEW DEPOSITS (HARD CLOSE - MLI DEFINITION):
TRUST NAME: XXXX XXXXX PARTNERS VARIABLE EQUITY TRUST
PORTFOLIO NAMES: Xxxx Xxxxx Partners Variable Dividend Strategy Portfolio Single Share Class
Xxxx Xxxxx Partners Variable Fundamental Value Portfolio Class I
Xxxx Xxxxx Partners Variable Large Cap Growth Portfolio Class 1
Page 2
