Common use of Plan of Reinsurance Clause in Contracts

Plan of Reinsurance. This indemnity reinsurance will be on a modified coinsurance basis for the Base Annuities and on a coinsurance basis for all Riders. The Ceding Company will retain, control and own all assets held in relation to the Modified Coinsurance Reserve.

Appears in 6 contracts

Samples: Reinsurance Agreement (Genworth Life & Annuity VA Separate Account 2), Reinsurance Agreement (Genworth Life & Annuity VA Separate Account 2), Reinsurance Agreement (Genworth Life of New York VA Separate Account 3)

AutoNDA by SimpleDocs

Plan of Reinsurance. This indemnity reinsurance will be on a modified coinsurance basis for the Base Annuities and on a coinsurance basis for all Ridersseparate account liabilities of the Annuities. The Ceding Company will retain, control and own all assets held in relation to the Modified Coinsurance Reserve.

Appears in 2 contracts

Samples: Reinsurance Agreement (PHL Variable Accumulation Account II), Reinsurance Agreement (PHL Variable Accumulation Account II)

AutoNDA by SimpleDocs

Plan of Reinsurance. This indemnity reinsurance will be on a modified coinsurance basis for the Base Annuities and the DCA Plus Fixed Income Rider and on a coinsurance basis for all Riders, excluding the DCA Plus Fixed Income Rider. The Ceding Company will retain, control and own all assets held in relation to the Modified Coinsurance Reserve.

Appears in 1 contract

Samples: Reinsurance Agreement (Separate Account a of Pacific Life Insurance Co)

Time is Money Join Law Insider Premium to draft better contracts faster.