TERMINATION ADDENDUM
EFFECTIVE JANUARY 1, 2012
TO THE
AUTOMATIC YEARLY RENEWABLE TERM REINSURANCE AGREEMENT
EFFECTIVE OCTOBER 15, 1999
BETWEEN
HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY
HARTFORD LIFE INSURANCE COMPANY
AND
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
(COLLECTIVELY REFERRED TO AS "CEDING COMPANY")
AND
MUNICH AMERICAN REASSURANCE COMPANY
("REINSURER")
("AGREEMENT")
WHEREAS, the Agreement was originally entered into between the Ceding Company
and Continental Assurance Company as the Reinsurer; and
WHEREAS, Munich American Reassurance Company replaced Continental Assurance
Company as Reinsurer to the Agreement effective June 30, 2001; and
WHEREAS, the Reinsurer currently reinsures the Ceding Company's plans or
policies under the Agreement; and
WHEREAS, the Ceding Company and the Reinsurer have agreed to terminate the
Agreement for new business effective January 1, 2012.
NOW, THEREFORE, for good and valuable consideration, receipt of which is hereby
acknowledged, the Ceding Company and the Reinsurer hereby agree as follows:
1. The above recitals are true and accurate and are incorporated herein.
2. Effective January 1, 2012 the Ceding Company will no longer cede, and the
Reinsurer will no longer accept, policies whose original application date
was on or after January 1, 2012. The Agreement will continue to apply to
all in force reinsurance until the termination or expiration of all such
reinsurance.
3. Except as herein amended, all other terms and conditions of the Agreement
shall remain unchanged and in full force and effect.
Automatic Yearly Renewable Term Reinsurance Agreement -- Effective 10/15/1999
Between HLA, HLIC, & ▇▇▇ and Munich Re
Termination Addendum -- Effective January 1, 2012
Munich Re Treaty No. 2616 Amendment # 9
1
In witness of the foregoing, the Ceding Company and the Reinsurer have, by their
respective officers, executed the termination addendum in duplicate on the dates
indicated below.
MUNICH AMERICAN REASSURANCE COMPANY
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇ Attest: /s/ ▇▇▇▇▇▇▇ ▇ ▇▇▇▇
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Name: ▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇ ▇▇▇▇
Title: 2nd Vice President and [ILLEGIBLE] Actuary Title: 2nd Vice President, [ILLEGIBLE]
Date: 7/12/12 Date: 7/12/12
HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY
HARTFORD LIFE INSURANCE COMPANY
HARTFORD LIFE AND ANNUITY INSURANCE COMPANY
By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
---------------------------------------------- ----------------------------------------------
Name: ▇▇▇▇ ▇▇▇▇▇▇▇, FSA, MAAA Name: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Assistant Vice President and Actuary Title: Vice President and Actuary
Individual Life Product Management
Date: 7/25/12 Date: 7/25/2012
Automatic Yearly Renewable Term Reinsurance Agreement -- Effective 10/15/1999
Between HLA, HLC, & ▇▇▇ and Munich Re
Termination Addendum -- Effective January 1, 2012
Munich Re Treaty No. 2616 Amendment # 9
2
