Variable Reinsured Policies definition

Variable Reinsured Policies means any Reinsured Contract, whether or not registered under the Securities Act, if the value of such policy, contract or certificate, any unit of interest or participation therein, or any investment option available thereunder, varies (in whole or in part) according to the investment experience of the separate account in which the contract participates.
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Examples of Variable Reinsured Policies in a sentence

  • For each of the Variable Reinsured Policies that relate to the Separate Account Liabilities, the amount invested on a variable basis in accordance with the terms of such Variable Reinsured Policies shall be held by the Ceding Company in the Separate Accounts, and Premiums with respect to such Variable Reinsured Policies shall be deposited in the Separate Accounts to the extent required to be deposited therein by the terms of such Variable Reinsured Policies.

  • From and after the Closing, the Ceding Company shall retain and own all assets contained in the Separate Accounts and shall hold the Separate Account Reserves with respect to the Variable Reinsured Policies that are funded, in whole or in part, by one or more of the Separate Accounts and such Separate Account Reserves shall be reported by the Ceding Company on its Separate Account balance sheets, consistent with the Ceding Company Domiciliary State SAP.

  • Pursuant to the Administrative Services Agreement, the Reinsurer will assume responsibility to administer and perform the Ceding Company’s obligations under each of the agreements between the Ceding Company and the variable investment trust or other investment vehicle offered as an investment option with respect to the Variable Reinsured Policies.

Related to Variable Reinsured Policies

  • Reinsured Policies has the meaning assigned to it in the Reinsurance Agreement.

  • Reinsurance means the activity consisting in accepting risks ceded by an insurance undertaking or by another reinsurance undertaking or, in the case of the association of underwriters known as Lloyd's, the activity consisting in accepting risks, ceded by any member of Lloyd's, by an insurance or reinsurance undertaking other than the association of underwriters known as Lloyd's;

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • Shared Policies has the meaning set forth in Section 8.1(b).

  • Reinsurer has the meaning set forth in the preamble.

  • Reinsurance Agreement means any agreement, contract, treaty or other arrangement whereby one or more insurers, as reinsurers, assume liabilities under insurance policies or agreements issued by another insurance or reinsurance company or companies.

  • SAP Policies means the operational guidelines and policies applied by SAP to provide and support the Cloud Service as incorporated in an Order Form.

  • Policy means Related Party Transaction Policy.

  • Reinsurance Agreements means any agreement, contract, treaty, certificate or other arrangement by which any Insurance Subsidiary agrees to transfer or cede to another insurer all or part of the liability assumed or assets held by it under one or more insurance, annuity, reinsurance or retrocession policies, agreements, contracts, treaties, certificates or similar arrangements. Reinsurance Agreements shall include, but not be limited to, any agreement, contract, treaty, certificate or other arrangement that is treated as such by the applicable Department.

  • R&W Policy means that certain representations and warranties insurance policy issued by the R&W Insurer to the Buyer.

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Ceding Company has the meaning set forth in the preamble.

  • Blanket insurance policy means a group policy covering a defined class of

  • Insurance Contract means a contract (other than an Annuity Contract) under which the issuer agrees to pay an amount upon the occurrence of a specified contingency involving mortality, morbidity, accident, liability, or property risk.

  • Insurance Contracts means the insurance or annuity policies and contracts, together with all binders, slips, certificates, endorsements and riders thereto, issued or entered into by any Insurance Company prior to the Closing.

  • D&O Policies has the meaning set forth in Section 8.06.

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Policies shall have the meaning specified in Section 6.1(b) hereof.

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Health insurance carrier or "carrier" means any entity subject to the insurance