COINSURANCE AND MODIFIED COINSURANCE AGREEMENT Between JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (referred to as the Ceding Company) and CORPORATE SOLUTIONS LIFE REINSURANCE COMPANY (referred to as the Reinsurer)Coinsurance and Modified Coinsurance Agreement • April 22nd, 2022 • John Hancock Life Insurance Co (Usa) Separate Account H • Michigan
THIS COINSURANCE AND MODIFIED COINSURANCE AGREEMENT (this “Agreement”) is made and entered into on February 1, 2022 (the “Closing Date”) and effective as of the Effective Time by and between John Hancock Life Insurance Company (U.S.A.), a Michigan-domiciled stock life insurance company (the “Ceding Company”), and Corporate Solutions Life Reinsurance Company, a Delaware-domiciled insurance company (the “Reinsurer”). For purposes of this Agreement, the Ceding Company and the Reinsurer shall each be deemed a “Party” and together the “Parties.”
AGREEMENT FOR PARTIAL RECAPTURE OF THE AMENDED AND RESTATED INDEMNITY VARIABLE ANNUITY REINSURANCE AGREEMENT Reference #8003 between JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) LANSING, MICHIGAN referred to as the “Ceding Company” and MANULIFE...Reinsurance Agreement • April 22nd, 2022 • John Hancock Life Insurance Co (Usa) Separate Account H • Michigan
WHEREAS, the Ceding Company and Corporate Solutions Life Reinsurance Company (“Corporate Solutions”) have entered into that certain Principal Transaction Agreement, dated as of November 15, 2021 (the “Principal Transaction Agreement”) whereby Corporate Solutions has agreed to assume and reinsure effective as of the Effective Time, as defined thereunder, the Reinsured Contracts as defined under the Principal Transaction Agreement, including such policies that are reinsured under the Reinsurance Agreement and as further described on Exhibit 1 – Recaptured Policy Forms attached to this Agreement (the “Venerable Policies”); and
