Indemnity Reinsurance. This Agreement is an indemnity coinsurance agreement solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company shall be and shall remain the only Party hereunder that is liable to any insured, Policyholder, claimant or beneficiary under any policy reinsured hereunder.
Appears in 11 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (Metropolitan Tower Separate Account Two), Coinsurance and Modified Coinsurance Agreement (Metropolitan Life Separate Account E), Coinsurance and Modified Coinsurance Agreement (Metropolitan Life Separate Account E)
Indemnity Reinsurance. This Agreement is an indemnity coinsurance reinsurance agreement solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company shall be and shall remain the only Party party hereunder that is liable to any insured, Policyholder, claimant or beneficiary under any policy reinsured hereunder.
Appears in 4 contracts
Samples: Reinsurance Agreement (Prudential Discovery Select Group Variable Contract Account), Reinsurance Agreement (Prudential Discovery Premier Group Variable Contract Account), Reinsurance Agreement (Prudential Discovery Select Group Variable Contract Account)
Indemnity Reinsurance. This Agreement is an indemnity coinsurance and modified coinsurance agreement solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company shall be and shall remain the only Party party hereunder that is liable to any insured, Policyholdercedent, Contractholder, claimant or beneficiary under any annuity contract or insurance policy reinsured hereunder.
Appears in 3 contracts
Samples: Reinsurance Agreement, Reinsurance Agreement (Allstate Corp), Reinsurance Agreement (Lincoln Benefit Life Co)
Indemnity Reinsurance. This Agreement is an indemnity coinsurance agreement solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company shall be and shall remain the only Party party hereunder that is liable to any insured, Policyholder, claimant or beneficiary under any policy reinsured hereunder.
Appears in 1 contract
Indemnity Reinsurance. This Agreement is an indemnity coinsurance and modified coinsurance agreement solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company shall be and shall remain the only Party hereunder that is directly liable to any insured, Policyholder, claimant or beneficiary under any policy reinsured hereunder.
Appears in 1 contract
Samples: Coinsurance and Modified Coinsurance Agreement (Minnesota Life Variable Life Account)
Indemnity Reinsurance. This Agreement is an indemnity coinsurance and modified coinsurance agreement solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company shall be and shall remain the only Party hereunder that is liable to any insured, Policyholder, claimant or beneficiary under any policy reinsured hereunder. Section 2.5.
Appears in 1 contract
Samples: Coinsurance and Modified Coinsurance Agreement (Prudential Annuities Life Assurance Corp/Ct)
Indemnity Reinsurance. This Agreement is an indemnity coinsurance agreement solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company or, with respect to the Assumed Policies, the issuer of such Assumed Policies, shall be and shall remain the only Party hereunder Person that is liable to any insured, Policyholder, claimant or beneficiary under any policy reinsured hereunder.
Appears in 1 contract
Samples: Coinsurance and Modified Coinsurance Agreement (Farmers Annuity Separate Account A)
Indemnity Reinsurance. This Agreement is an indemnity coinsurance and modified coinsurance agreement solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company shall be and shall remain the only Party party hereunder that is liable to any insured, PolicyholderContractholder, claimant or beneficiary under any policy annuity contract reinsured hereunder.
Appears in 1 contract
Samples: Reinsurance Agreement (Farmers Annuity Separate Account A)
Indemnity Reinsurance. This Agreement is a modified coinsurance agreement (with respect to the Specified Reinsured Contracts) and an indemnity coinsurance agreement (with respect to all other Reinsured Contracts) solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company shall be and shall remain the only Party party hereunder that is liable to any insured, PolicyholderContractholder, claimant or beneficiary under any policy reinsured hereunder.
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Indemnity Reinsurance. This Agreement is an indemnity coinsurance agreement solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company shall be and shall remain the only Party party hereunder that is liable to any insured, PolicyholderContractholder, claimant or beneficiary under any policy reinsured hereunder.
Appears in 1 contract
Indemnity Reinsurance. This Agreement is an indemnity coinsurance and modified coinsurance agreement solely between the Ceding Company and the Reinsurer, and the performance of the obligations of each Party under this Agreement shall be rendered solely to the other Party. The Ceding Company shall be and shall remain the only Party hereunder that is liable to any insured, Policyholder, claimant or beneficiary under any policy reinsured hereunder.the
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