AMENDMENT to the SELECTED REINSURANCE AGREEMENTS (the “Agreements”) between MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, (hereinafter referred to as the “Ceding Company”) and SWISS RE LIFE & HEALTH AMERICA INC. (hereinafter referred to as the “Reinsurer”)
Exhibit (g) v. a. 4.
AMENDMENT to the
SELECTED REINSURANCE AGREEMENTS
(the “Agreements”)
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY,
MML BAY STATE LIFE INSURANCE COMPANY, and
C.M. LIFE INSURANCE COMPANY
(hereinafter referred to as the “Ceding Company”)
and
SWISS RE LIFE & HEALTH AMERICA INC.
(hereinafter referred to as the “Reinsurer”)
As of the effective date of each Agreement, the Amendment Effective Date, the Accelerated Death Benefit Rider (ABR) will be in the Agreements in the attached Exhibit.
The Ceding Company ABR:
policies – .
policies – .
The methods described above are .
All terms and conditions of these Agreements not in conflict with the terms and conditions of this Amendment shall continue unchanged.
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IN WITNESS WHEREOF, the parties hereto execute this Amendment in good faith:
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||||||||
| By: |
/s/ Xxxxx X Xxxxxx |
Date: |
12-10-12 | |||||
| Xxxxx X. Xxxxxx |
||||||||
| Second Vice President & Actuary |
||||||||
| MML BAY STATE LIFE INSURANCE COMPANY | ||||||||
| By: |
/s/ Xxxxx X Xxxxxx |
Date: |
12-10-12 | |||||
| Xxxxx X. Xxxxxx |
||||||||
| Second Vice President & Actuary |
||||||||
| C.M. LIFE INSURANCE COMPANY | ||||||||
| By: |
/s/ Xxxxx X Xxxxxx |
Date: |
12-10-12 | |||||
| Xxxxx X. Xxxxxx |
||||||||
| Second Vice President & Actuary |
||||||||
| SWISS RE LIFE & HEALTH AMERICA INC. | ||||||||
| By: |
/s/ Xxxxx X’Xxxxxxxx |
Date: |
5 DEC 2012 | |||||
| Print name: |
Xxxxx X’Xxxxxxxx |
|||||||
| Title: |
SVP |
|||||||
| SWISS RE LIFE & HEALTH AMERICA INC. | ||||||||
| By: |
/s/ Xxxxxx Xxxxxx |
Date: |
December 5, 2012 | |||||
| Print name: |
Xxxxxx Xxxxxx |
|||||||
| Title: |
Senior Vice President |
|||||||
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Exhibit
| Effective Date of Agreement |
Description | TAI Code | ||
| 5/1/2001 |
VUL II |
| ||
|
|
||||
| 8/1/2008 |
VUL III |
|
AMENDMENT to the
SELECTED REINSURANCE AGREEMENTS listed in Exhibit I
(the “Agreements”)
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY,
MML BAY STATE LIFE INSURANCE COMPANY, and
C.M. LIFE INSURANCE COMPANY
(hereinafter referred to as the “Ceding Company”)
and
SWISS RE LIFE & HEALTH AMERICA INC.
(hereinafter referred to as the “Reinsurer”)
Effective July 30, 2012, the Amendment Effective Date, the Agreements are hereby revised to . The guidelines in the attached Exhibit II shall be added to the Underwriting Guidelines section of the Agreements. Note, it is agreed by the Reinsurer and the Ceding Company that the Agreements will .
All terms and conditions of this Agreement not in conflict with the terms and conditions of this Amendment shall continue unchanged.
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IN WITNESS WHEREOF, this Amendment is hereby executed in good faith by both parties:
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||||||||
| By: |
/s/ Xxxxx X Xxxxxx |
Date: |
12-10-12 | |||||
| Xxxxx X. Xxxxxx |
||||||||
| Vice President & Actuary |
||||||||
| MML BAY STATE LIFE INSURANCE COMPANY | ||||||||
| By: |
/s/ Xxxxx X Xxxxxx |
Date: |
12-10-12 | |||||
| Xxxxx X. Xxxxxx |
||||||||
| Vice President & Actuary |
||||||||
| C.M. LIFE INSURANCE COMPANY | ||||||||
| By: |
/s/ Xxxxx X Xxxxxx |
Date: |
12-10-12 | |||||
| Xxxxx X. Xxxxxx |
||||||||
| Vice President & Actuary |
||||||||
| SWISS RE LIFE & HEALTH AMERICA INC. | ||||||||
| By: |
/s/ Xxxxx X’Xxxxxxxx |
Date: |
6 DEC 2012 | |||||
| Print name: |
Xxxxx X’Xxxxxxxx |
|||||||
| Title: |
Senior Vice President |
|||||||
| SWISS RE LIFE & HEALTH AMERICA INC. | ||||||||
| By: |
/s/ Xxxxxx X Xxxxxxxxxxx |
Date: |
December 6, 2012 | |||||
| Print name: |
Xxxxxx X Xxxxxxxxxxx |
|||||||
| Title: |
Senior Vice President |
|||||||
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Exhibit I
| Effective Date of Agreement | Description | TAI Code | ||
|
|
||||
| 5/1/2001 |
VUL II |
| ||
|
|
||||
| 8/1/2008 |
VUL III |
| ||
|
|
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Exhibit II
| • | . |
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| • | Guidelines . |
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| • | . |
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| • | . |
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| • | . |
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Country Classifications
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AMENDMENT to the
SELECTED REINSURANCE AGREEMENTS
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY,
MML BAY STATE LIFE INSURANCE COMPANY, and
C.M. LIFE INSURANCE COMPANY
(hereinafter referred to as the “Ceding Company”)
and
SWISS RE LIFE & HEALTH AMERICA INC.
(hereinafter referred to as the “Reinsurer”)
Effective January 1, 2013, the Amendment Effective Date, Article III - Basis of Reinsurance of the Agreements in the attached Exhibit will be replaced with the attached Article III - Basis of Reinsurance revising to .
All terms and conditions of this Agreement not in conflict with the terms and conditions of this Amendment shall continue unchanged.
[SIGNATURE PAGE FOLLOWS]
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IN WITNESS WHEREOF, this Amendment is hereby executed in good faith by both parties:
| MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||||||||
| By: |
/s/ Xxxxx X Xxxxxx |
Date: |
12-10-12 | |||||
| Xxxxx X. Xxxxxx |
||||||||
| Vice President & Actuary |
||||||||
| MML BAY STATE LIFE INSURANCE COMPANY | ||||||||
| By: |
/s/ Xxxxx X Xxxxxx |
Date: |
12-10-12 | |||||
| Xxxxx X. Xxxxxx |
||||||||
| Vice President & Actuary |
||||||||
| C.M. LIFE INSURANCE COMPANY | ||||||||
| By: |
/s/ Xxxxx X Xxxxxx |
Date: |
12-10-12 | |||||
| Xxxxx X. Xxxxxx |
||||||||
| Vice President & Actuary |
||||||||
| SWISS RE LIFE & HEALTH AMERICA INC. | ||||||||
| By: |
/s/ Xxxxx X’Xxxxxxxx |
Date: |
7 DEC 2012 | |||||
| Print name: |
Xxxxx X’Xxxxxxxx |
|||||||
| Title: |
SVP |
|||||||
| SWISS RE LIFE & HEALTH AMERICA INC. | ||||||||
| By: |
/s/ Xxxxxx X Xxxxxxxxxxx |
Date: |
December 7, 2012 | |||||
| Print name: |
Xxxxxx X Xxxxxxxxxxx |
|||||||
| Title: |
Senior Vice President |
|||||||
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Exhibit
| Effective Date of Agreement | Description | TAI Code | ||
| 8/1/2008 |
VUL III |
| ||
|
|
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ARTICLE III: BASIS OF REINSURANCE
| A. | Life insurance shall be reinsured on a . The Reinsurer . |
| B. | For the purpose of this Agreement, except as noted below, the net amount at risk shall be . |
| C. | The amount at risk may be determined using actual cash values, account values, tabular values, or by other methods agreeable to the Ceding Company and the Reinsurer. Schedule D – Special Net Risk Calculations defines special methods for calculating the net amount at risk different from B of this Article. |
