AMENDMENT to the AUTOMATIC AND FACULTATIVE YRT AGREEMENT between MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, (hereinafter the “Ceding Company”) and MUNICH AMERICAN REASSURANCE COMPANY (hereinafter the “Reinsurer”) Original Treaty Effective Date:...
Exhibit 26 (g) iii. a.
AMENDMENT to the
AUTOMATIC AND FACULTATIVE 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: April 1, 2005
Coverage: Strategic Edge Group Universal Life (GUL) with or without the variable rider
(GVUL)
This Amendment is effective November 20, 2008.
For those policies that were recently issued in conjunction with the
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: | Aug 24, 2009 | |||||
Xxxxx X. Xxxxxx | ||||||||
Second Vice President & Actuary | ||||||||
MML BAY STATE LIFE INSURANCE COMPANY | ||||||||
By: | /s/ XXXXX X. XXXXXX |
Date: | Aug 24, 2009 | |||||
Xxxxx X. Xxxxxx | ||||||||
Second Vice President & Actuary |
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Exchange/Replacement Program Eff. 11/20/08
C.M. LIFE INSURANCE COMPANY | ||||||||
By: | /s/ XXXXX X. XXXXXX |
Date: | Aug 24, 2009 | |||||
Xxxxx X. Xxxxxx | ||||||||
Second Vice President & Actuary | ||||||||
MUNICH AMERICAN REASSURANCE COMPANY | ||||||||
By: | /s/ XXXX X. XXXXX |
Date: | Aug 20, 2009 | |||||
Print name: | Xxxx X. Xxxxx |
|||||||
Title: | VP & Actuary |
|||||||
MUNICH AMERICAN REASSURANCE COMPANY | ||||||||
By: | /s/ XXXXXXX X. XXXXXXXX |
Date: | 08/20/09 | |||||
Print name: | Xxxxxxx X. Xxxxxxxx |
|||||||
Title: |
2nd VP, Treaty |
Page 2 of 2
AMENDMENT to the
AUTOMATIC AND FACULTATIVE 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: April 1, 2005
Coverage: Strategic Edge Group Universal Life (GUL) with or without the variable rider
(GVUL)
Effective January 1, 2009, the Amendment effective date, the Reinsurer is hereby assigned quota share percentages for coverages as stated in the attached table, Exhibit II: Reinsurer’s Special Case Assigned Pool Percentages. These percentages are applied beginning on the Certificate Issue Date for each group shown in Exhibit II: Reinsurer’s Special Case Assigned Pool Percentages and shall continue to be applied until certain maximum limits set by each reinsurer and location are reached, at which time the quota share percentages for the Reinsurer may be changed (for inforce as well as new business) and another amendment would then be required. The Reinsurer’s quota share percentages are a function of the Reinsurer’s available coverages and reinsurance limits noted in Schedule A: Accepted Coverages, and Schedule B: Reinsurance Limits under the above-referenced Agreement.
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: | 3/10/09 | |||||
Xxxxx X. Xxxxxx | ||||||||
Second Vice President & Actuary | ||||||||
MML BAY STATE LIFE INSURANCE COMPANY | ||||||||
By: | /s/ XXXXX X. XXXXXX |
Date: | 3/10/09 | |||||
Xxxxx X. Xxxxxx | ||||||||
Second Vice President & Actuary |
Page 1 of 3
C.M. LIFE INSURANCE COMPANY | ||||||||
By: | /s/ XXXXX X. XXXXXX |
Date: | 3/10/09 | |||||
Xxxxx X. Xxxxxx | ||||||||
Second Vice President & Actuary | ||||||||
MUNICH AMERICAN REASSURANCE COMPANY | ||||||||
By: | /s/ XXXX X. XXXXX |
Date: | March 6, 2009 | |||||
Print name: | Xxxx X. Xxxxx |
|||||||
Title: |
2nd VP & Actuary |
|||||||
MUNICH AMERICAN REASSURANCE COMPANY | ||||||||
By: | /s/ XXXXX X. XXXXXXX |
Date: | March 9, 2009 | |||||
Print name: | Xxxxx X. Xxxxxxx |
|||||||
Title: | VP & Actuary |
Page 2 of 3
EXHIBIT II: Reinsurer’s Special Case Assigned Pool Percentages
Munich American Reassurance Company Effective 1/1/2009
SPECIFIC GROUP POLICIES | ||||||||||
Group/Location |
Certificate Issue Dates |
Reinsurer Percentage Effective Date |
Ceding Company Retention Percentage |
Reinsurer Percentage NAR at this location |
Cession Code | |||||
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