Common use of Statutory Accounting Principles Clause in Contracts

Statutory Accounting Principles. The Reinsurer shall prepare its financial statements as required by, and in accordance with GAAP.

Appears in 3 contracts

Sources: Funds Withheld Coinsurance and Modified Coinsurance Agreement (Midwest Holding Inc.), Funds Withheld Coinsurance and Modified Coinsurance Agreement (Midwest Holding Inc.), Funds Withheld Coinsurance and Modified Coinsurance Agreement (Midwest Holding Inc.)

Statutory Accounting Principles. The Reinsurer shall prepare its financial statements as required by, and in accordance with GAAP.. ​

Appears in 1 contract

Sources: Master Letter Agreement (Midwest Holding Inc.)