Common use of Reimbursement of Losses Clause in Contracts

Reimbursement of Losses. A. All reinsurance claims settlements are subject to the terms and conditions of the Individual Policy under which the Ceding Company is liable. The Reinsurer shall accept the Ceding Company's good faith settlement of all GB claims under the Contracts. When requested, the Ceding Company shall provide the Reinsurer with copies of any documentation within the Ceding Company's possession with respect to specific GB claims under the Contracts or with respect to items used to compute amounts contained in the accounting reports.

Appears in 4 contracts

Samples: Automatic Indemnity Reinsurance Agreement (Lincoln New York Account N for Variable Annuities), Automatic Indemnity Reinsurance Agreement (Lincoln National Variable Annuity Account E), Automatic Indemnity Reinsurance Agreement (Lincoln Life Variable Annuity Account N)

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Reimbursement of Losses. A. All reinsurance claims settlements are subject to the terms and conditions of the Individual Policy under which the Ceding Company is liable. The Reinsurer shall accept the Ceding Company's ’s good faith settlement of all GB claims under the Contracts. When requested, the Ceding Company shall provide the Reinsurer with copies of any documentation within the Ceding Company's ’s possession with respect to specific GB claims under the Contracts or with respect to items used to compute amounts contained in the accounting reports.

Appears in 2 contracts

Samples: Automatic Indemnity Reinsurance Agreement (Lincoln Life & Annuity Variable Annuity Account H), Automatic Indemnity Reinsurance Agreement (Lincoln Life Variable Annuity Account N)

Reimbursement of Losses. A. All reinsurance claims settlements are subject to the terms and conditions of the Individual Policy under which the Ceding Company is liable. , The Reinsurer shall accept the Ceding Company's good faith settlement of all GB claims under the Contracts. When requested, the Ceding Company shall provide the Reinsurer with copies of any documentation within the Ceding Company's possession with respect to specific GB claims under the Contracts or with respect to items used to compute amounts contained in the accounting reports.

Appears in 1 contract

Samples: Automatic Indemnity Reinsurance Agreement (Lincoln Life & Annuity Variable Annuity Account H)

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Reimbursement of Losses. A. All reinsurance claims settlements are subject to the terms and conditions of the Individual Policy under which the Ceding Company is liable. The Reinsurer shall accept the Ceding Company's good faith settlement of all GB claims [REDACTED]claims under the Contracts. When requested, the Ceding Company shall provide the Reinsurer with copies of any documentation within the Ceding Company's possession with respect to specific GB claims [REDACTED]claims under the Contracts or with respect to items used to compute amounts contained in the accounting reports.

Appears in 1 contract

Samples: Automatic Indemnity Reinsurance Agreement (Lincoln Life Variable Annuity Account N)

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