Reinsurance and Asset Purchase Agreement Sample Contracts

AGREEMENT FOR REINSURANCE AND PURCHASE AND SALE OF ASSETS By and among THE CHESAPEAKE LIFE INSURANCE COMPANY, MID-WEST NATIONAL LIFE INSURANCE COMPANY OF TENNESSEE, THE MEGA LIFE AND HEALTH INSURANCE COMPANY and HEALTHMARKETS, LLC and WILTON...
Reinsurance and Asset Purchase Agreement • June 18th, 2008 • HealthMarkets, Inc. • Accident & health insurance • Texas

THIS AGREEMENT FOR REINSURANCE AND PURCHASE AND SALE OF ASSETS (this “Agreement”), dated as of June 12, 2008, is entered into by and among THE CHESAPEAKE LIFE INSURANCE COMPANY, an Oklahoma stock life and health insurance company; MID-WEST NATIONAL LIFE INSURANCE COMPANY OF TENNESSEE, a Texas stock life and health insurance company (“Mid-West”); and THE MEGA LIFE AND HEALTH INSURANCE COMPANY, an Oklahoma stock life and health insurance company (“MEGA Life”), (each, individually the “Ceding Company,” and, collectively, the “Ceding Companies” or the “Companies”) and HEALTHMARKETS, LLC, a Delaware limited liability company and the direct or indirect parent of the Companies (“HealthMarkets”); and WILTON REASSURANCE COMPANY, a Minnesota stock life insurance company (the “Reinsurer”).