Reinsurance Premium Rates definition

Reinsurance Premium Rates. Reinsurance premiums are expressed as a percentage of the AG 75- 80 S&U, extended age ANB Table (Attached).
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Reinsurance Premium Rates means the monthly term reinsurance premiums rates, used to calculate the Reinsurance Premiums due from the Company to the Reinsurer for each reinsured life, equal to 1/12th of the applicable annual rate as set forth in Schedule I.
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Reinsurance Premium Rates means the applicable percentage premium rates corresponding to the applicable Tier as specified in the Schedule (as updated or amended from time to time).
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Examples of Reinsurance Premium Rates in a sentence

  • The premium rates per thousand are those specified in Schedule E – Reinsurance Premium Rates.

  • The rates in Schedule E – Reinsurance Premium Rates, shall apply to both automatic and facultative reinsurance.

  • The premium rates per thousand are those specified in Schedule D – Reinsurance Premium Rates.

  • The rates in Schedule D – Reinsurance Premium Rates, shall apply to both automatic and facultative reinsurance.

  • Thereafter, reinsurance payments will be in accordance with Article V (Reinsurance Premium Rates and Payments).

  • The new Reinsurance Premium Rates shall be no greater than twice the Reinsurance Premium Rates provided in Section 4.01.

  • Reinsurer shall notify Ceding Company of any such increased Reinsurance Premium Rates within thirty (30) days following Ceding Company's notice.

  • If Reinsurer determines that the revised Contract Form requires an amendment to the Reinsurance Premium Rates, the revised Reinsurance Premium Rates shall be no greater than twice the Reinsurance Premium Rates provided in Section 4.01.

  • If Reinsurer determines that the revision requires amending this Agreement, Reinsurer's notice thereof shall so state and include both a written demonstration that the change has materially affected the risks reinsured under this Agreement and a statement of the required increase in the Reinsurance Premium Rates which shall be commensurate with such change in risk.

  • Within thirty (30) days of Reinsurer's receipt of such notice, Reinsurer shall notify Ceding Company of its determination whether the revision requires amending this Agreement to adjust the Reinsurance Premium Rates.


More Definitions of Reinsurance Premium Rates

Reinsurance Premium Rates. Reinsurance premiums are expressed as a percentage of the AG 75- 80 S&U, extended age ANB Table (Attached). 5 Classes 4 Classes 2 Classes Single Life UL: Class Yrs 2+ Yrs 2+ Yrs 2+ --------------------- --------- --------- --------- Preferred Plus NT Preferred NT Standard NT Preferred T Standard T 5 Classes 4 Classes 2 Classes Joint Life UL: Class Yrs 2-10 Yrs 11 + Yrs 2+ Yrs 2-10 Yrs 11 + -------------------- --------- --------- --------- --------- -------- Preferred Plus NT Preferred NT Standard NT Preferred T Standard T Joint rates are Frazierized with a minimum rate of $. VUL and UL substandard rates are based off the 2 risk class rates using appropriate multiples. Reinsurance Premiums are the above rates times the net amount at risk.
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Reinsurance Premium Rates. The reinsurance .
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