Actuarial reporting Sample Clauses
Actuarial reporting. (i) By the sixth (6th) Business Day, seriatim valuation file.
(ii) By the sixth (6th) Business Day, VUL termination file listing Product Code, contract number and termination code.
(iii) By the fifth (5th) Business Day, the mortality payment workbook used to determine the mortality payment due to the Company.
(iv) By the eighth (8th) Business Day, estimated SAP and GAAP reserves. SAP reserves will be calculated in accordance with the definition of Statutory Reserves as defined in the Coinsurance Agreement. GAAP reserves will be calculated in accordance with standard actuarial practices and guidelines. Final report to be furnished by the tenth (10th) Business Day;
(v) Quarterly, within the time period after the end of each quarter indicated below, the Service Provider shall, in addition to the normal monthly reporting, furnish the Company with:
1) Schedule D related to the Separate Account business, including Unit Value Assets information -- within eight (8) Business Days following the last day of the applicable quarter.
(vi) Annually, within the time period indicated below, the Service Provider shall in addition to the normal monthly and quarterly reporting furnish the Company with the following information necessary to complete the Annual Statement and state required quarterly and supplemental filings, including the following within ten (10) Business Days following the last day of the applicable reporting period:
1) Schedule S;
2) Exhibit of Life Insurance(Annual Statement Pages 31 and 32) and Exhibit of Numbers (Annual Statement Page 33);
3) Exhibit of Number of Policies, Contracts, Certificates, Income Payable and Account Values In Force for Supplementary Contracts, Annuities, Accident & Health and Other Policies;
4) Exhibits 3 - Aggregate Reserve for Life, Annuity and Accident Health Contracts in the Separate Accounts Statement and Exhibit 5 - Aggregate Reserve for Life Contracts in the General Accounts Statement;
5) Separate Accounts Analysis of Increase in Reserves;
6) Municipal Tax Detail (Town and County detail for states requiring municipal taxes);
7) Applicable note information; and
8) Tax reserves as described in Section 13(d). The Service Provider shall segregate data in the reports in Sections 11(a), (b) and (c) of this Exhibit by product lines to the extent required for statutory filings applicable to the Company. With respect to premium Taxes, the Service Provider's reporting shall be broken out on a state-by-state basis and shall also be br...