RGA Re definition
Examples of RGA Re in a sentence
Sell, lease, license, transfer or otherwise dispose of, in a single transaction or a series of transactions, all or a substantial portion of the assets of (i) the Borrower, (ii) RGA Re, (iii) RGA Canada or (iv) RCM.
Upon any such event occurring, RGA Re will promptly notify the Company.
Within 30 days of receiving such notice, the Company may at its own option and upon written notice to RGA Re or RGA Re's liquidator, receiver or statutory successor terminate this Agreement with no obligation to pay any further premiums as to new business as of the Termination Date or cede any new business to RGA Re. Additionally, upon such event, all insurance which has been ceded to RGA Re under this Agreement may, at the Company's option, be recaptured immediately and completely by the Company.
Alternatively, RGA Re may place assets in a trust as soon as practicable in an amount equal to the statutory reserves of the policies reinsured under this Agreement.