TERMINATION ADDENDUM to certain reinsurance agreements (Referred to individually as “Agreement” and collectively as “Agreements”) listed on the attached schedule (“Schedule”) Between HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY and/or HARTFORD LIFE...
to certain reinsurance agreements
(Referred to individually as “Agreement” and collectively as “Agreements”)
listed on the attached schedule
(“Schedule”)
Between
HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY and/or
HARTFORD LIFE INSURANCE COMPANY and/or
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(“Ceding Company”)
And
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
(“Reinsurer”)
WHEREAS, the Reinsurer and the Ceding Company entered into the Agreements; and
WHEREAS, the Reinsurer currently reinsures the Ceding Company's plans or policies under the Agreements; and
WHEREAS, the Reinsurer and the Ceding Company agree that each Agreement terminated for new business as of January 1, 2013.
NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby acknowledged, the Ceding Company and the Reinsurer hereby agree as follows:
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1.
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The above recitals are true and accurate and are incorporated herein.
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2.
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Each Agreement is terminated for new business as of January 1, 2013.
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3.
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The Ceding Company will no longer cede and the Reinsurer will no longer accept policies whose original application date was on or after January 1, 2013. The Agreements will continue to apply to all in force reinsurance until the termination or expiration of all such reinsurance.
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4.
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Except as herein amended, all other terms and conditions of the Agreements shall remain unchanged and in full force and effect.
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________________________________________________________________________________________________
Between HLA/HL/▇▇▇ and The Lincoln National Life Insurance Company Page 1 of 3 Termination Addendum - Effective 01/01/2013
In witness of the foregoing, the Ceding Company and the Reinsurer have, by their respective officers, executed this Addendum in duplicate on the dates indicated below, with an effective date of January 1, 2013.
THE LINCOLN NATIONAL LIFE INSURANCE COMPANY
By: _/s/ ▇▇▇▇▇▇ Chervansky_______ Attest: _/s/ Senan O’Loughlin________
Name: _Audrey Chervanskey________ Name: _Senan O’Loughlin__________
Title: Vice President_______________ Title: __Senior Vice President_______
Date: _Oct. 30, 2013_______________ Date: _Oct. 30, 2013_______________
HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY
HARTFORD LIFE INSURANCE COMPANY
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: _/s/ ▇▇▇▇▇ ▇. Jarvis__________
Name: _Donna R. Jarvis____________
Title: _Vice President & Actuary_____
Date: _October 8, 2013_____________
________________________________________________________________________________________________
Between HLA/HL/▇▇▇ and The Lincoln National Life Insurance Company Page 2 of 3 Termination Addendum - Effective 01/01/2013
Schedule
Listing of Reinsurance Agreements
Terminated for New Business as of January 1, 2013
|
Agreement Effective Date
|
Reinsurer
|
Ceding Company
|
Agreement Type
|
Hartford Treaty Code
|
Swiss Re Treaty Code
|
|
01/01/84
|
▇▇▇▇▇
|
▇▇
|
▇▇▇
|
▇▇-▇▇▇▇▇▇
|
▇▇▇▇▇▇▇▇-▇▇ (3181701)
|
|
01/01/86
|
LNLIC
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▇▇▇
|
YRT
|
CL-100319
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I59512US-86 (3157201)
|
|
7/1/83
|
LNLIC
|
▇▇▇
|
YRT
|
CL-100225
|
I59511US-83 (3157101)
|
|
10/01/86
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▇▇▇▇▇
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▇▇
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▇▇▇
|
▇▇-▇▇▇▇▇▇
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U302698US-86 (3181801)
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5/1/81
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LNLIC
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▇▇▇
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YRT
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CL-100224
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I59510US-81 (3157001)
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|
01/01/88
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▇▇▇▇▇
|
▇▇
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▇▇▇
|
▇▇-▇▇▇▇▇▇
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I436790US-12
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|
07/01/89
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LNLIC
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▇▇▇
|
YRT
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CL-100227
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I59513US-89 (3157301)
|
|
10/01/90
|
LNLIC
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▇▇▇
|
ADB
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CL-100314
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U306231US-90 (KALL025-90)
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|
8/1/94
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LNLIC
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▇▇▇
|
YRT
|
CL-100488
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U300227US-94 (3155801)
|
|
▇▇/▇▇/▇▇
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▇▇▇▇▇
|
▇▇,▇▇▇,▇▇▇
|
▇▇
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▇▇-▇▇▇▇▇▇
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U302699US-97 (3182501) (HL), I59520US-97 (3180001) (▇▇▇), U301877US-97 (3178801) (HLA)
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|
▇▇/▇▇/▇▇
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▇▇▇▇▇
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▇▇,▇▇▇,▇▇▇
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▇▇▇
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▇▇-▇▇▇▇▇▇
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U300869US-01 (0746701) (HL), I59467US-95 (0746801) (▇▇▇), U302556US-01 (0746601) (HLA)
|
|
7/1/96
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LNLIC
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▇▇▇
|
YRT
|
CL-100226
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I59509US-96 (3156101)
|
|
7/1/94
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▇▇▇▇▇
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▇▇▇
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▇▇
|
▇▇-▇▇▇▇▇▇
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I59514US-94 (3157401)
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* Entity Abbreviations:
HLA: Hartford Life and Accident Insurance Company
HL: Hartford Life Insurance Company
▇▇▇: Hartford Life and Annuity Insurance Company
LNLIC: Lincoln National Life Insurance Company.
________________________________________________________________________________________________
Between HLA/HL/▇▇▇ and The Lincoln National Life Insurance Company Page 3 of 3 Termination Addendum - Effective 01/01/2013