EXHIBIT 10.40
EXECUTION COPY
100% QUOTA SHARE RETROCESSION AGREEMENT
(TRADITIONAL)
BY AND BETWEEN
ST. PAUL FIRE AND MARINE INSURANCE COMPANY
(RETROCEDANT)
and
PLATINUM UNDERWRITERS REINSURANCE, INC.
(RETROCESSIONAIRE)
DATED AS OF NOVEMBER 1, 2002
This QUOTA SHARE RETROCESSION Agreement (this "Agreement"), effective as
of 12:01 a.m. New York time on the day following the Closing (such term and all
other capitalized terms used but not defined herein shall have the meanings
ascribed to such terms in the Formation and Separation Agreement, as defined
below; such time the "Effective Time" and such date the "Effective Date"), is
made by and between St. Paul Fire and Marine Insurance Company, a Minnesota
domiciled insurance company ("Retrocedant"), and Platinum Underwriters
Reinsurance, Inc. (formerly known as USF&G Family Insurance Company), a Maryland
domiciled stock insurance company ("Retrocessionaire").
WHEREAS, pursuant to a Formation and Separation Agreement dated as of
October 28, 2002 (the "Formation and Separation Agreement") between Platinum
Underwriters Holdings, Ltd. ("Platinum Holdings"), the ultimate parent of
Retrocessionaire, and The St. Paul Companies, Inc. ("The St. Paul"), the
ultimate parent of Retrocedant, Platinum Holdings acquired one hundred percent
(100%) of the issued and outstanding Shares; and
WHEREAS, pursuant to the Formation and Separation Agreement, The St. Paul
agreed to cause its insurance subsidiaries to cede specified liabilities under
certain reinsurance contracts of The St. Paul's insurance subsidiaries, and
Platinum Holdings agreed to cause its insurance subsidiaries to reinsure such
liabilities; and
WHEREAS, Retrocedant has agreed to retrocede to Retrocessionaire, and
Retrocessionaire has agreed to assume by indemnity reinsurance, as of the
Effective
Time, a one hundred percent (100%) quota share of the liabilities arising
pursuant to the Reinsurance Contracts (as defined hereunder), subject to the
terms set forth herein.
NOW, THEREFORE, in consideration of the mutual covenants and promises and
upon the terms and conditions set forth herein, the parties hereto agree as
follows:
ARTICLE I
BUSINESS COVERED; EXCLUSIONS
Retrocedant hereby obligates itself to retrocede to Retrocessionaire and
Retrocessionaire hereby obligates itself to accept, pursuant to the terms of
this Agreement, a one hundred percent (100%) quota share of any and all
liabilities incurred by Retrocedant on or after January 1, 2002 but not yet paid
as of the Effective Time, net of Inuring Retrocessions (as defined in Section
7.01 herein), under all reinsurance and retrocession contracts (each, a
"Reinsurance Contract") that
(i) are underwritten by St. Paul Re on behalf of Retrocedant, incept on
or after January 1, 2002 and belong to the classes specified in
Exhibit A-1 hereto (solely for the convenience of the parties,
Exhibit A-2 hereto sets forth a list of such reinsurance contracts
and Exhibit A-3 sets forth Loss Reserves (as defined in Exhibit C
hereto), over all such Reinsurance Contracts, by Class of Business
(as defined below), each as of June 30, 2002), or
(ii) are new or renewal contracts entered into by Retrocedant pursuant to
Article III, paragraph (a) of the Underwriting Management Agreement
between Retrocedant and Retrocessionaire of even date herewith,
but in each case excluding reinsurance contracts belonging to the classes
specified in Exhibit B-1 hereto (the "Excluded Contracts"), (solely as a
reference for the convenience of the parties, Exhibit B-2 hereto sets
forth a list of such reinsurance contracts) it being understood that any
reinsurance contract not meeting the criteria set forth in Exhibit A-1
shall be deemed to be an Excluded Contract for purposes of this Agreement
unless otherwise agreed to by the parties.
Notwithstanding the foregoing, Retrocedant shall retain all liabilities for
ceding commissions and brokerage fees up to the carrying value of the related
reserves on the books of the Retrocedant as of September 30, 2002 (the "Initial
Ceding Commission Reserves"), and as finally determined pursuant to the
provisions of Article IV herein. All liabilities for ceding commissions and
brokerage fees in excess of such carrying value shall be assumed by
Retrocessionaire, as provided for above.
Notwithstanding the foregoing, Retrocedant will retain all liabilities
arising under any Reinsurance Contract relating to or emanating from each of the
following:
(i) the losses caused by the European floods in August 2002 the ("Flood
Liabilities"); and
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(ii) the 2002 underwriting year with respect to the Reinsurance Contracts
included in Classes L27 and L34 as set forth on Exhibit A-1 hereto
(the "2002 UK Bank Book"), including, without limitation, the Loss
Reserves, unearned premium reserves, and other associated reserves
relating to such 2002 underwriting year for the 2002 UK Bank Book
(the "2002 UK Bank Book Liabilities").
With respect to any named storm(s) (which are Tropical Prediction Center
designated named storms) in existence as of the Effective Time which cause
insured damage within 10 days of the Effective Date, except as provided for
herein, Retrocedant shall retrocede one hundred percent (100%) quota share of
losses arising from all such storms, net of the inuring benefit of Inuring
Retrocessions as allocated pursuant to Exhibits E and G (but excluding the
inuring benefit of the Holborn aggregate cover referenced as Item 13 in Exhibit
D) to Retrocessionaire and Retrocessionaire shall accept one hundred percent
(100%) quota share of such losses. However, Retrocedant shall retain $25,000,000
of losses, in the aggregate, net of the inuring benefit of Inuring Retrocessions
as allocated pursuant to Exhibits E and G, in excess of the first $25,000,000,
net of the inuring benefit of Inuring Retrocessions as allocated pursuant to
Exhibits E and G, that Retrocessionaire assumes. Retrocedant shall use
commercially reasonable efforts to arrange, on behalf of Retrocessionaire, third
party retrocessional coverage for losses arising from such named storms in
excess of $50,000,000 in the aggregate, net of the inuring benefit of Inuring
Retrocessions as allocated pursuant to Exhibits E and G. The cost of such
coverage shall not exceed $5 million with such cost shared equally by
Retrocedant and Retrocessionaire. The amount of such coverage shall be
$100,000,000 or such lesser amount as may be available on the specified terms.
It is understood that the calculation of any losses or retentions by the
Retrocedant or the Retrocessionaire, as the case may be, pursuant to this
subparagraph shall include all losses or retentions, respectively, with respect
to all subsidiaries of The St. Paul or Platinum Holdings, as the case may be,
under any Quota Share Retrocession Agreement, as defined in the Formation and
Separation Agreement, between any subsidiary of The St. Paul, as cedant, and a
subsidiary of Platinum Holdings as retrocessionaire.
The Flood Liabilities, the 2002 UK Bank Book Liabilities and the
liabilities in respect of the named storms, as described above retained by
Retrocedant as specified above (collectively, the "Excluded Losses") shall not
be subject to this Agreement.
No retrocession shall attach with respect to any contracts of reinsurance
of any kind or type whatsoever issued and/or assumed by Retrocedant, other than
the Reinsurance Contracts.
ARTICLE II
TERM
This Agreement shall be continuous as to the Reinsurance Contracts. Except
as mutually agreed in writing by the Retrocedant and the Retrocessionaire, this
Agreement
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shall remain continuously in force until all Reinsurance Contracts are
terminated, expired, cancelled or commuted.
ARTICLE III
COVERAGE
SECTION 3.01 Section A (Retrospective) Coverage Period. The Section A
(Retrospective) Coverage Period will be the period from and including January 1,
2002 to but not including the Effective Time.
SECTION 3.02 Section B (Prospective) Coverage Period. The Section B
(Prospective) Coverage Period will be the period from and including the
Effective Time through the commutation, expiration or final settlement of all
liabilities under any of the Reinsurance Contracts.
ARTICLE IV
PREMIUMS AND ADDITIONAL CONSIDERATION
SECTION 4.01 Section A (Retrospective) Coverage Period-- Premium.
(a) On the Effective Date, in respect of the Section A (Retrospective)
Coverage Period, Retrocedant shall pay to the account of Retrocessionaire an
aggregate amount representing the sum of all amounts related and specifically
allocated to each individual Class of Business (the "Initial Section A Premium")
equal to one hundred percent (100%) of the carrying value on the books of the
Retrocedant as of September 30, 2002, of the aggregate of all Loss Reserves
relating to the Reinsurance Contracts, determined in accordance with statutory
accounting principles on a basis consistent in all material respects with the
methods, principles, practices and policies employed in the preparation and
presentation of Retrocedant's annual statutory financial statement as of
December 31, 2001 as filed with the Minnesota Department of Commerce (consistent
with the methods, principles, practices and policies applied at June 30, 2002)
and as submitted to The St. Paul, provided, that in no event shall such amount
be less than Retrocedant's good faith estimate, based upon due investigation by
the Retrocedant, as of the date at which such calculation is being made, of all
Loss Reserves relating to the Reinsurance Contracts by applicable Class of
Business that would be required (i) in order for such reserves to be in full
compliance with customary practices and procedures of Retrocedant for filings
and financial statements as of September 30, 2002, and (ii) to cause such
reserves to bear a reasonable relationship to the events, conditions,
contingencies and risks which are the bases for such reserves, to the extent
known by Retrocedant at the time of such calculation.
(b) On the 90th day following the Effective Date (or if such 90th day is
not a Business Day, the first Business Day following such 90th day), Retrocedant
shall prepare and deliver to Retrocessionaire an accounting (the "Proposed Loss
Reserve Accounting") of all Loss Reserves relating to the Reinsurance Contracts,
as of the Effective Date,
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determined in accordance with this Section 4.01 and the Methodology for
Calculation of the Final Section A Premium, as set forth on Exhibit C hereto
(the "Final Section A Premium") and the reserves for ceding commissions and
brokerage fees relating to the Reinsurance Contracts on the books of the
Retrocedant as of the Effective Date (the "Final Ceding Commission Reserves"),
and taking into consideration all relevant data becoming available to
Retrocedant subsequent to the Effective Date. In the event the Final Section A
Premium for any individual Class of Business is greater than the Initial Section
A Premium for such individual Class of Business or the Final Ceding Commission
Reserves are less than the Initial Ceding Commission Reserves, Retrocedant shall
promptly pay to the account of Retrocessionaire the difference plus interest on
such amount at the Applicable Rate (as defined below) from and including the
Effective Date to and including the date of such payment. In the event the Final
Section A Premium for any individual Class of Business is less than the Initial
Section A Premium for such individual Class of Business or the Final Ceding
Commission Reserves are greater than the Initial Ceding Commission Reserves,
Retrocessionaire shall promptly pay to the account of Retrocedant the difference
plus interest on such amount at the Applicable Rate (as defined below) from and
including the Effective Date to and including the date of such payment. "Class
of Business" shall be defined as each individual class or line of business as
delineated by the Retrocedant as of the date hereof as set forth on Exhibit A-1.
(c) In the event that a reinsurance contract is not included in one of the
classes set forth in Exhibit A-1, but is deemed to be a Reinsurance Contract by
the mutual agreement of the parties, the parties shall determine whether the
Final Section A Premium reflected one hundred percent of the associated reserves
with respect to such Reinsurance Contract as of the Effective Date. If the Final
Section A Premium did not so reflect such associated reserves with respect to
such Reinsurance Contract as of the Effective Date, Retrocedant shall promptly
pay to the account of Retrocessionaire an amount equal to the amount that should
have been included in the Final Section A Premium, as determined pursuant to
paragraph (b) of this Section 4.01, less any amounts paid by Retrocedant on or
after the Effective Date pursuant to such Reinsurance Contract relating to such
reserves, plus interest on such amount at the Applicable Rate calculated from
and including the Effective Date to and including the date of such payment to
Retrocessionaire.
(d) Notwithstanding the foregoing, the parties agree that all gross
estimated premiums written prior to the Effective Date and earned but not yet
billed, net of applicable ceding commission and retrocession premium (net of
retrocession commissions) ("EBUB", and also referred to as "estimated premiums
receivable" or "EBNR" or "earned but unbilled") as of the Effective Time and
relating to the Reinsurance Contracts, as determined on or before September 30,
2002, as set forth in Exhibit C, in a manner consistent with Retrocedant's
customary practices and procedures and as submitted to The St. Paul, shall be
allocated to Retrocedant. All payments received after the Effective Time by
Retrocedant or Retrocessionaire in respect of EBUB as of the Effective Time
shall be retained by Retrocedant or held on trust for and paid by
Retrocessionaire to or to the order of Retrocedant, and all rights to collect
such amounts shall be retained by or transferred to Retrocedant. Any changes
made on or after the
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Effective Time as to the estimated amount of EBUB as of the Effective Time shall
be for the account of Retrocessionaire and shall not affect the amount retained
by Retrocedant. The parties agree that as of the first anniversary of the date
hereof, Retrocessionaire shall pay to Retrocedant the difference, if any,
between the amount of EBUB as of the Effective Time and the aggregate amount
subsequently billed and paid to and/or retained by Retrocedant prior to that
date with respect to EBUB as of the Effective Time, it being understood that
Retrocedant shall bear all risk of non-payment and non-collectibility with
respect to premiums written and unearned as of the Effective Date and
subsequently billed. All amounts, if any, in respect of EBUB which are in excess
of EBUB as of the Effective Time, calculated pursuant to the first sentence of
this Section 4.01(d), shall be for the account of Retrocessionaire and no such
amounts shall be retained by or payable to Retrocedant.
SECTION 4.02 Section B (Prospective) Coverage Period -- Premiums.
(a) On the Effective Date, in respect of the Section B (Prospective)
Coverage Period, Retrocedant shall transfer to Retrocessionaire an aggregate
amount representing the sum of all amounts related and specifically allocated to
each individual Class of Business (the "Initial Section B Premium") equal to the
carrying value on the books of Retrocedant as of September 30, 2002, of one
hundred percent (100%) of the unearned premium reserves, net of unearned ceding
commissions and net of Inuring Retrocession premiums as provided for in Section
7.04 and as allocated pursuant to Exhibit F, in each case relating to the
Reinsurance Contracts, determined in accordance with statutory accounting
principles on a basis consistent in all material respects with the methods,
principles, practices and policies employed in the preparation and presentation
of Retrocedant's annual statutory financial statement as of December 31, 2001 as
filed with the Minnesota Department of Commerce (consistent with the methods,
principles, practices and policies applied at June 30, 2002) and as submitted to
The St. Paul.
(b) On the 90th day following the Effective Date (or if such 90th day is
not a Business Day, the first Business Day following such 90th day), Retrocedant
shall prepare and deliver to Retrocessionaire an accounting (the "Proposed
Premium Reserve Accounting", together with the Proposed Loss Reserve Accounting,
the "Proposed Accounting") of all unearned premium reserves relating to the
Reinsurance Contracts, as of the Effective Date, determined in accordance with
statutory accounting principles on a basis consistent in all material respects
with the methods, principles, practices and policies employed in the preparation
and presentation of Retrocedant's annual statutory financial statement as of
December 31, 2001 as filed with the Minnesota Department of Commerce (consistent
with the methods, principles, practices and policies applied at June 30, 2002)
and as submitted to The St. Paul, relating to the Reinsurance Contracts, net of
the unearned ceding commission and net of Inuring Retrocession premiums as
provided for in Section 7.04 and as allocated pursuant to Exhibit F (the "Final
Section B Premium"). In the event the Final Section B Premium for any individual
Class of Business is greater than the Initial Section B Premium for such
individual Class of Business, Retrocedant shall promptly pay to the account of
Retrocessionaire the difference plus interest on such amount at the Applicable
Rate from and including the Effective Date to and including the date of such
payment. In the event the Initial
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Section B Premium for any individual Class of Business is greater than the Final
Section B Premium for such individual Class of Business, Retrocessionaire shall
promptly pay to the account of Retrocedant the difference plus interest on such
amount at the Applicable Rate from and including the Effective Date to and
including the date of such payment.
(c) Retrocedant shall transfer to Retrocessionaire with respect to all
Reinsurance Contracts, one hundred percent (100%) of all gross premiums written
on or after the Effective Time, net of premium returns, allowances and
cancellations and less any applicable Retrocedant Ceding Commission and Inuring
Retrocession premiums as provided for in Section 7.04 and as allocated pursuant
to Exhibit F.
(d) Retrocedant shall retain all gross premiums attributable to losses
arising from the Excluded Losses, including but not limited to adjusted
premiums, portions of reinstatement premiums and other adjustments attributable
to such losses.
SECTION 4.03 Dispute Resolution.
(a) After receipt of the Proposed Accounting, together with the work
papers used in preparation thereof, Retrocessionaire shall have 30 days (the
"Review Period") to review such Proposed Accounting. Unless Retrocessionaire
delivers written notice to Retrocedant on or prior to the 30th day of the Review
Period stating that it has material objections to the Proposed Accounting for
one or more Classes of Business or the Final Ceding Commission Reserves,
Retrocessionaire shall be deemed to have accepted and agreed to the Proposed
Accounting. If Retrocessionaire so notifies Retrocedant of any material
objection(s) to the Proposed Accounting, the parties shall in good faith attempt
to resolve, within 30 days (or such longer period as the parties may agree)
following such notice (the "Resolution Period"), their differences with respect
to such material objections related to any Class of Business so identified.
Retrocedant and Retrocessionaire agree that only those Classes of Business (or
the Final Ceding Commission Reserves, if applicable) to which such notification
relates shall be subject to adjustment, and any resolution by them as to any
disputed amounts, as evidenced by a writing signed by both parties, shall be
final, binding and conclusive.
In the event that Retrocessionaire believes that Loss Reserves for a Class
of Business need to be increased beyond the amount implied by the algorithm set
forth in Exhibit C, or the Final Ceding Commission Reserves need to be reduced,
Retrocessionaire and Retrocedant will endeavor to agree on an appropriate
adjustment. If the two parties cannot agree on an adjustment, Retrocedant may
elect to (i) retain the liabilities and the associated Loss Reserves for the
subject Class of Business and all unearned premium and Retrocessionaire shall
transfer to Retrocedant all Initial Section A Premium and Initial Section B
Premium paid by Retrocedant for the subject Class of Business, plus interest on
the average daily amount at the Applicable Rate from the Effective Date to the
date of such transfer, or (ii) extend the time period for adjusting the reserve
to as much as 36 months or (iii) choose to arbitrate according to Section
4.03(b), it being understood that arbitration according to Section 4.03(b) shall
be the sole remedy
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for disputes regarding the Final Ceding Commission Reserves. In the event that
Retrocedant chooses to extend the time period for adjusting the reserves for a
Class of Business, Retrocedant retains the exposure to adverse loss development
and Retrocessionaire will suffer no exposure to paid losses in excess of the
Initial Section A Premium and Initial Section B Premium paid by Retrocedant. At
the end of the extended period, any continued disagreement between Retrocedant
and Retrocessionaire would be submitted to arbitration as set forth in Section
4.03(b) hereto.
(b) Any amount remaining in dispute at the conclusion of the Resolution
Period for which Retrocedant has not elected the remedies set forth in Section
4.03(a)(i) and (ii) above or as to which any extension period has elapsed
without agreement between the parties ("Unresolved Changes") shall be submitted
to arbitration. One arbiter (each arbiter, an "Arbiter") shall be chosen by
Retrocedant, the other by Retrocessionaire, and an umpire (the "Umpire") shall
be chosen by the two Arbiters before they enter upon arbitration. In the event
that either party should fail to choose an Arbiter within 30 days following a
written request by the other party to do so, the requesting party may choose two
Arbiters, but only after providing 10 days' written notice of its intention to
do so and only if such other party has failed to appoint an Arbiter within such
10 day period. The two Arbiters shall in turn choose an Umpire who shall act as
the Umpire and preside over the hearing. If the two Arbiters fail to agree upon
the selection of an Umpire within 30 days after notification of the appointment
of the second Arbiter, the selection of the Umpire shall be made by the American
Arbitration Association. All Arbiters and Umpires shall be active or retired
disinterested property/casualty actuaries of insurance or reinsurance companies
or Lloyd's of London Underwriters.
(c) Each party shall present its case to the Arbiters within 30 days
following the date of appointment of the Umpire, unless the parties mutually
agree to an extension of time. Subject to the provisions of paragraph (f) of
this Section 4.03, the decision of the Arbiters shall be final and binding on
both parties; but failing to agree, they shall call in the Umpire and the
decision of the majority shall be final and binding upon both parties. Judgment
upon the final decision of the Arbiters may be entered in any court of competent
jurisdiction.
(d) Each party shall bear the expense of its own Arbiter, and shall
jointly and equally bear with the other the expense of the Umpire and of the
arbitration unless otherwise directed by the Arbiters.
(e) Any arbitration proceedings shall take place in New York, New York
unless the parties agree otherwise.
(f) Once the Proposed Accounting has been finalized in accordance with the
above process, the Final Section A Premium and the Final Section B Premium
amounts shall be as set forth in the Proposed Accounting, as determined by the
Arbiters, if applicable (the "Arbitrated Final Section A Premium" and/or
"Arbitrated Final Section B Premium", as the case may be). In the event the sum
of the Arbitrated Final Section A Premium and the Arbitrated Final Section B
Premium amounts (determined in
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accordance with the first sentence of this Section 4.03(f)) is greater than the
amount paid by Retrocedant to Retrocessionaire on the Effective Date,
Retrocedant shall promptly pay to the account of Retrocessionaire the difference
plus interest on such amount at the Applicable Rate from and including the
Effective Date to and including the date of such payment. In the event the sum
of such amounts (determined in accordance with the first sentence of this
Section 4.03(f)) is lower than the amount paid by Retrocedant to
Retrocessionaire on the Effective Date, Retrocessionaire shall promptly pay to
the account of Retrocedant the difference plus interest on such amount at the
Applicable Rate from the Effective Date to the date of such payment.
(g) It is understood that the dispute resolution provisions set forth in
this Section 4.03 represent the exclusive remedy for disputes arising between
the parties with respect to the Proposed Accounting and that the dispute
mechanisms set forth in Article XV shall be the exclusive remedy for all
disputes not relating to the Proposed Accounting.
ARTICLE V
RETROCEDANT CEDING COMMISSION
With respect to the Reinsurance Contracts, Retrocessionaire shall pay to
Retrocedant a ceding commission (the "Retrocedant Ceding Commission") with
respect to the Section B (Prospective) Coverage Period, and such Retrocedant
Ceding Commission shall equal 100 percent (100%) of the actual expenses incurred
in writing each Reinsurance Contract, including actual ceding commissions and
brokerage fees, as determined in accordance with Retrocedant's customary
practices and procedures and as submitted to The St. Paul, all as allocable pro
rata to periods from and after the Effective Time. Retrocedant Ceding
Commissions shall also include all underwriting fees and other costs and
expenses paid by Retrocedant pursuant to the Underwriting Management Agreement
between Retrocedant and Retrocessionaire, dated as of the date hereof, and all
underwriting and other expenses incurred by Retrocedant on or after the
Effective Date with respect to the liabilities transferred hereunder, as
determined in accordance with Retrocedant's customary practices and procedures.
ARTICLE VI
ORIGINAL CONDITIONS
All retrocessions assumed under this Agreement shall be subject to the
same rates, terms, conditions, waivers and interpretations, and to the same
modifications and alterations, as the respective Reinsurance Contracts.
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ARTICLE VII
INURING RETROCESSIONS
SECTION 7.01 Allocation to Retrocessionaire. Retrocedant agrees that the
retrocession contracts purchased by the reinsurance division of The St. Paul
("St. Paul Re") from third party retrocessionaires ("Third Party
Retrocessionaires") on behalf of Retrocedant prior to the Effective Time that
are listed on Exhibit D hereto shall inure to the benefit of Retrocessionaire to
the extent of liabilities covered under this Agreement ("Inuring
Retrocessions"), subject to the agreed allocations in Exhibits E, F and G. It is
further understood and agreed that facultative reinsurance not listed on Exhibit
D but relating to the Reinsurance Contracts shall also inure to the benefit of
Retrocessionaire to the extent of liabilities covered under this Agreement and
shall be considered Inuring Retrocessions under this Agreement.
SECTION 7.02 Transfer. Retrocedant and Retrocessionaire shall use their
respective commercially reasonable efforts to obtain the consent of Third Party
Retrocessionaires under the Inuring Retrocessions to include Retrocessionaire as
an additional reinsured with respect to the Reinsurance Contracts or, in the
alternative, to make all payments directly to the Retrocessionaire, to the
extent allocable to the Reinsurance Contracts, in the manner set forth in
Exhibit E hereto, and to seek all payments, to the extent allocable to the
Reinsurance Contracts, in the manner set forth herein in Exhibit F hereto,
directly from Retrocessionaire, it being understood that Retrocessionaire shall
bear all risk of non-payment or non-collectibility under the Inuring
Retrocessions.
SECTION 7.03 Inuring Retrocessions Claims. (a) Each of the parties agrees
to transfer to the other party all recoveries or any portion thereof that such
party receives on or after the Effective Time pursuant to the Inuring
Retrocessions which are allocated to the other party in the manner set forth in
Exhibit E hereto. Retrocedant shall use its commercially reasonable efforts to
collect any recoveries due to Retrocessionaire under the Inuring Retrocessions
that indemnify the Retrocedant for losses or expenses payable or return of
premium allocable to the Retrocessionaire and shall hold them on trust for, and
pay them to or to the order of Retrocessionaire. The parties agree that
Retrocessionaire's obligations to make payments pursuant to the Inuring
Retrocessions or to reimburse Retrocedant pursuant to this Agreement shall not
be waived by non-receipt of any such amounts. Retrocessionaire shall reimburse
Retrocedant for one hundred percent (100%) of any expenses reasonably incurred
by Retrocedant in attempting to make such collection, including all allocated
expenses, as determined in accordance with St. Paul Re's customary practices and
procedures. Retrocessionaire shall have the right to associate with Retrocedant,
at Retrocessionaire's own expense, in any actions brought by Retrocedant to make
such collections.
(b) In the event claims of Retrocedant and Retrocessionaire aggregate in
excess of the applicable limit under an Inuring Retrocession, all limits
applicable to either Retrocedant or Retrocessionaire shall be allocated between
Retrocedant and Retrocessionaire in the manner set forth in Exhibit G hereto.
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SECTION 7.04 Initial Consideration. To the extent not already reflected in
the calculation of Final Section B Premium, as part of the Section B
(Prospective) Coverage Period premiums described in Section 4.02,
Retrocessionaire shall reimburse Retrocedant for one hundred percent (100%) of
any and all unearned premiums paid by Retrocedant under such Inuring
Retrocessions net of any applicable unearned ceding commissions paid to
Retrocedant thereunder.
SECTION 7.05 Additional Consideration. Retrocessionaire agrees to pay
under the Inuring Retrocessions all future premiums Retrocedant is obligated to
pay pursuant to the terms of the Inuring Retrocessions to the extent that such
premiums are allocable to Retrocessionaire in the manner set forth in Exhibit F
hereto, and not otherwise paid by Retrocessionaire and to indemnify Retrocedant
for all such premiums paid directly by Retrocedant, net of any ceding
commissions and similar amounts paid by Third Party Retrocessionaires to
Retrocedant.
SECTION 7.06 Termination or Commutation of Inuring Retrocessions.
(a) With respect to any Inuring Retrocessions providing coverage solely
with respect to the Reinsurance Contracts, Retrocedant agrees, on behalf of
itself and its affiliates, that Retrocedant shall not take any action or fail to
take any action that would reasonably result in the termination or commutation
of, or any material change in the coverage provided by, any Inuring
Retrocession, without the prior written consent of the Retrocessionaire, such
consent not to be unreasonably withheld.
(b) With respect to any Inuring Retrocessions providing coverage for both
Reinsurance Contracts and to business not being transferred, neither party shall
take any action or fail to take any action that would reasonably result in the
termination or commutation of (or any material change in the coverage provided
by any Inuring Retrocession, without the prior written consent of the other
party,) such consent not to be unreasonably withheld.
ARTICLE VIII
LOSS AND LOSS EXPENSE; SALVAGE aND SUBROGATION;
FOLLOW THE FORTUNES
(a) Retrocessionaire shall be liable for one hundred percent (100%) of all
future loss, loss adjustment expenses, incurred but not reported losses and
other payment obligations that arise (including ceding commissions, as and to
the extent determined in Article IV) under the Reinsurance Contracts on and
after January 1, 2002 and are payable as of or after the Effective Time, and
shall reimburse Retrocedant for any losses, loss adjustment expenses and other
payment obligations paid by Retrocedant following the Effective Time in respect
of the Reinsurance Contracts, net of any recoveries received by Retrocedant with
respect thereto, including recoveries under Inuring Retrocessions.
Retrocessionaire shall have the right to all salvage and subrogation on the
account of claims and settlements with respect to the Reinsurance Contracts.
11
(b) In the event of a claim under a Reinsurance Contract, the Retrocedant
will assess the validity of the claim and make a determination as to payment,
consistent with the claims handling guidelines previously provided to
Retrocedant in writing by Retrocessionaire and Retrocessionaire may exercise its
rights under Section 10.01 in respect thereof. Retrocedant shall provide prompt
notice of any claim in excess of $500,000 to Retrocessionaire. All payments made
by Retrocedant, whether under strict contract terms or by way of compromise,
shall be binding on Retrocessionaire. In addition, if Retrocedant refuses to pay
a claim in full and a legal proceeding results, Retrocessionaire will be
unconditionally bound by any settlement agreed to by Retrocedant or the adverse
judgment of any court or arbitrator (which could include any judgment for bad
faith, punitive damages, excess policy limit losses or extra contractual
obligations) and Retrocedant may recover with respect to such settlements and
judgments under this Agreement. Though Retrocedant will settle such claims and
litigation in good faith, Retrocessionaire is bound to accept the settlements
paid by Retrocedant and such settlements may be for amounts that could be
greater than the amounts that would be agreed to by Retrocessionaire if
Retrocessionaire were to settle such claims or litigation directly. It is the
intent of this Agreement that Retrocessionaire shall in every case in which this
Agreement applies and in the proportions specified herein, "follow the fortunes"
of Retrocedant in respect of risks Retrocessionaire has accepted under this
Agreement.
ARTICLE IX
EXTRA CONTRACTUAL OBLIGATIONS
In the event Retrocedant or Retrocessionaire is held liable to pay any
punitive, exemplary, compensatory or consequential damages because of alleged or
actual bad faith or negligence related to the handling of any claim under any
Reinsurance Contract or otherwise in respect of such Reinsurance Contract, the
parties shall be liable for such damages in proportion to their responsibility
for the conduct giving rise to the damages. Such determination shall be made by
Retrocedant and Retrocessionaire, acting jointly and in good faith, and in the
event the parties are unable to reach agreement as to such determination,
recourse shall be had to Article XV hereof.
ARTICLE X
ADMINISTRATION OF REINSURANCE CONTRACTS
SECTION 10.01 Administration.
(a) The parties agree that, as of the Effective Time, Retrocedant shall
have the sole authority to administer the Reinsurance Contracts in all respects,
which authority shall include, but not be limited to, authority to bill for and
collect premiums, adjust all claims and handle all disputes thereunder and to
effect any and all amendments, commutations and cancellations of the Reinsurance
Contracts, subject, however, in the case of administration of claims, to all
claims handling guidelines provided in advance in writing by Retrocessionaire to
Retrocedant. Retrocedant shall not, on its own, settle any
12
claim, waive any right, defense, setoff or counterclaim relating to the
Reinsurance Contracts with respect to amounts in excess of $ 500,000 or make any
ex gratia payments, and shall not amend, commute or terminate any of the
Reinsurance Contracts, in each case without the prior written consent of
Retrocessionaire.
(b) Notwithstanding the foregoing, to the extent permitted by law,
Retrocessionaire may, at its discretion and at its own expense, assume the
administration, defense and settlement of any claim upon prior written notice to
Retrocedant. Upon receipt of such notice, Retrocedant shall not compromise,
discharge or settle such claim except with the prior written consent of
Retrocessionaire. Retrocessionaire shall not take any action in the
administration of such claim that would reasonably be expected to adversely
affect Retrocedant, its business or its reputation, without the prior written
consent of Retrocedant. Subject to the terms of Article IX hereof,
Retrocessionaire shall indemnify Retrocedant for all Losses, including punitive,
exemplary, compensatory or consequential damages arising from such assumption of
the conduct of such settlement pursuant to Article XIV herein.
SECTION 10.02 Reporting and Regulatory Matters. Each party shall provide
the notices and filings required to be made by it to state regulatory
authorities as a result of this Agreement. Notwithstanding the foregoing, each
party shall provide to the other party any information in its possession
regarding the Reinsurance Contracts as reasonably required by the other party to
make such filings and in a form as agreed to by the parties.
SECTION 10.03 Duty to Cooperate. Upon the terms and subject to the
conditions and other agreements set forth herein, each party agrees to use its
commercially reasonable efforts to take, or cause to be taken, all actions, and
to do, or cause to be done, and to assist and cooperate with the other party in
doing, all things necessary or advisable to perform the transactions
contemplated by this Agreement.
SECTION 10.04 Communications Relating to the Reinsurance Contracts.
Following the Effective Time, Retrocedant and Retrocessionaire shall each
promptly forward to the other copies of all material notices and other written
communications it receives relating to the Reinsurance Contracts (including,
without limitation, all inquiries and complaints from state insurance
regulators, brokers and other service providers and reinsureds and all notices
of claims, suits and actions for which it receives service of process.)
ARTICLE XI
REPORTS AND REMITTANCES
SECTION 11.01 Report from Retrocedant. Within thirty days following the
end of each month, Retrocedant shall provide Retrocessionaire with a summary
statement of account for the previous month showing all activity relating to
each of the Reinsurance Contracts, including related administration costs and
expenses incurred by Retrocedant, consisting of the categories of information
set forth in Exhibit H hereto. The monthly
13
statement of account shall also provide a breakdown of any amounts due to the
Retrocedant or Retrocessionaire, as the case may be, as reimbursement for paid
claims, collected premiums or other amounts due pursuant to the terms of this
Agreement, including amounts relating to Inuring Retrocessions.
SECTION 11.02 Remittances. Within ten Business Days after delivery of each
monthly report pursuant to Section 11.01, Retrocedant and Retrocessionaire shall
settle all amounts then due under this Agreement for that month. It is agreed
that Retrocedant shall retain all premiums received arising from all business
written for which the first day of the original cedant's account period occurs
prior to the Effective Date until such time as such aggregate amount of such
premiums received equals the net amount to be retained by Retrocedant pursuant
to Sections 4.01(d) and 4.02(b) herein, after which time, such premiums shall be
remitted by Retrocedant to Retrocessionaire.
SECTION 11.03 Late Payments. Should any payment due any party to this
Agreement be received by such party after the due date for such payment under
this Agreement, interest shall accrue from the date on which such payment was
due until payment is received by the party entitled thereto, at an annual rate
equal to the London Interbank Offered Rate quoted for six month periods as
reported in The Wall Street Journal on the first Business Day of the month in
which such payment first becomes due plus one hundred basis points (the
"Applicable Rate").
SECTION 11.04 Cost Reimbursement. Retrocessionaire shall reimburse for its
allocated share of all costs and expenses incurred by Retrocedant in
administering the Reinsurance Contracts as set forth in Exhibit I hereto.
SECTION 11.05 Currency. For purposes of this Agreement, where Retrocedant
receives premiums or pays losses in currencies other than United States dollars,
such premiums or losses shall be converted into United States dollars at the
actual rates of exchange at which these premiums or losses are entered in the
Retrocedant's books.
ARTICLE XII
MAINTENANCE OF LICENSES
Each of Retrocedant and Retrocessionaire hereby covenants to maintain at
all times all licenses and authorizations required to undertake the actions
contemplated hereby.
ARTICLE XIII
ACCESS TO RECORDS
From and after the Closing Date, Retrocedant shall afford to
Retrocessionaire and its respective authorized accountants, counsel and other
designated representatives (collectively, "Representatives") reasonable access
(including using commercially reasonable best efforts to give access to Persons
possessing information) during normal
14
business hours to all data and information that is specifically described in
writing (collectively, "Information") within the possession of Retrocedant
relating to the liabilities transferred hereunder, insofar as such information
is reasonably required by Retrocessionaire. Similarly, from and after the
Closing Date, Retrocessionaire shall afford to Retrocedant, any Post-closing
Subsidiary of Retrocedant and their respective Representatives reasonable access
(including using commercially reasonable best efforts to give access to Persons
possessing information) during normal business hours to Information within
Retrocessionaire's possession relating to Retrocedant, insofar as such
information is reasonably required by Retrocedant. Information may be requested
under this Article XIII for, without limitation, audit, accounting, claims,
litigation (other than any claims or litigation between the parties hereto) and
tax purposes, as well as for purposes of fulfilling disclosure and reporting
obligations and for performing this Agreement and the transactions contemplated
hereby.
From and after the Closing Date, Retrocessionaire and Retrocedant or their
designated representatives may inspect, at the place where such records are
located, any and all data and information that is specifically described in
writing within the possession of the other party hereto reasonably relating to
this Agreement, on reasonable prior notice and during normal business hours. The
rights of the parties under this Article XIII shall survive termination of this
Agreement and shall continue for as long as there may be liabilities under the
Reinsurance Contracts or reporting or retention requirements under applicable
law. In addition, each party shall have the right to take copies (including
electronic copies) of any information held by the other party that reasonably
relates to this Agreement or the Reinsurance Contracts. Each party shall, and
shall cause its designated representatives to, treat and hold as confidential
information any information it receives or obtains pursuant to this Article
XIII.
ARTICLE XIV
INDEMNIFICATION
SECTION 14.01 Indemnification by Retrocedant. Retrocedant agrees to
indemnify, defend and hold harmless Retrocessionaire, and its officers,
directors and employees with respect to any and all Losses arising from any
breach by Retrocedant of any representation, warranty or covenant herein.
Retrocedant further agrees to indemnify, defend and hold harmless
Retrocessionaire and its officers, directors and employees against any and all
Losses arising out of Retrocedant's administration of the Reinsurance Contracts,
including but not limited to extracontractual obligations, payments in excess of
policy limits and settlements made in respect of any such claims to the extent
arising from the gross negligence or willful misconduct of Retrocedant except to
the extent such actions are taken with the prior consent or direction of
Retrocessionaire. Such indemnification obligations shall be limited to the
aggregate of all fees paid to Retrocedant pursuant to Section 11.04 hereof.
SECTION 14.02 Indemnification by Retrocessionaire. Retrocessionaire agrees
to indemnify, defend and hold harmless Retrocedant, and its officers, directors
and employees with respect to any and all Losses arising from any breach by
15
Retrocessionaire of any representation, warranty or covenant herein.
Retrocessionaire further agrees to indemnify, defend and hold harmless
Retrocedant and its officers, directors and employees against any and all Losses
arising out of Retrocessionaire's administration of the Reinsurance Contracts,
including but not limited to extracontractual obligations, payments in excess of
policy limits and settlements made in respect of any such claims.
SECTION 14.03 Indemnification Procedures. (a) If a party seeking
indemnification pursuant to this Article XIV (each, an "Indemnitee") receives
notice or otherwise learns of the assertion by a Person (including, without
limitation, any governmental entity) who is not a party to this Agreement or an
Affiliate thereof, of any claim or of the commencement by any such Person of any
Action (a "Third Party Claim") with respect to which the party from whom
indemnification is sought (each, an "Indemnifying Party") may be obligated to
provide indemnification pursuant to this Section 14.01 or 14.02, such Indemnitee
shall give such Indemnifying Party written notice thereof promptly after
becoming aware of such Third Party Claim; provided that the failure of any
Indemnitee to give notice as provided in this Section 14.03 shall not relieve
the Indemnifying Party of its obligations under this Article XIV, except to the
extent that such Indemnifying Party is prejudiced by such failure to give
notice. Such notice shall describe the Third Party Claim in as much detail as is
reasonably possible and, if ascertainable, shall indicate the amount (estimated
if necessary) of the Loss that has been or may be sustained by such Indemnitee.
(b) An Indemnifying Party may elect to defend or to seek to settle or
compromise, at such Indemnifying Party's own expense and by such Indemnifying
Party's own counsel, any Third Party Claim. Within 30 days of the receipt of
notice from an Indemnitee in accordance with Section 14.03(a) (or sooner, if the
nature of such Third Party Claim so requires), the Indemnifying Party shall
notify the Indemnitee of its election whether the Indemnifying Party will assume
responsibility for defending such Third Party Claim, which election shall
specify any reservations or exceptions. After notice from an Indemnifying Party
to an Indemnitee of its election to assume the defense of a Third Party Claim,
such Indemnifying Party shall not be liable to such Indemnitee under this
Article XIV for any legal or other expenses (except expenses approved in writing
in advance by the Indemnifying Party) subsequently incurred by such Indemnitee
in connection with the defense thereof; provided that, if the defendants in any
such claim include both the Indemnifying Party and one or more Indemnitees and
in any Indemnitee's reasonable judgment a conflict of interest between one or
more of such Indemnitees and such Indemnifying Party exists in respect of such
claim or if the Indemnifying Party shall have assumed responsibility for such
claim with reservations or exceptions that would materially prejudice such
Indemnitees, such Indemnitees shall have the right to employ separate counsel to
represent such Indemnitees and in that event the reasonable fees and expenses of
such separate counsel (but not more than one separate counsel for all such
Indemnitees reasonably satisfactory to the Indemnifying Party) shall be paid by
such Indemnifying Party. If an Indemnifying Party elects not to assume
responsibility for defending a Third Party Claim, or fails to notify an
Indemnitee of its election as provided in this Article XIV, such Indemnitee may
defend or (subject to
16
the remainder of this Article XIV) seek to compromise or settle such Third Party
Claim at the expense of the Indemnifying Party.
(c) Neither an Indemnifying Party nor an Indemnitee shall consent to entry
of any judgment or enter into any settlement of any Third Party Claim which does
not include as an unconditional term thereof the giving by the claimant or
plaintiff to such Indemnitee, in the case of a consent or settlement by an
Indemnifying Party, or the Indemnifying Party, in the case of a consent or
settlement by the Indemnitee, of a written release from all liability in respect
to such Third Party Claim.
(d) If an Indemnifying Party chooses to defend or to seek to compromise or
settle any Third Party Claim, the Indemnitee shall make available at reasonable
times to such Indemnifying Party any personnel or any books, records or other
documents within its control or which it otherwise has the ability to make
available that are necessary or appropriate for such defense, settlement or
compromise, and shall otherwise cooperate in a reasonable manner in the defense,
settlement or compromise of such Third Party Claim.
(e) Notwithstanding anything in this Article XIV to the contrary, neither
an Indemnifying Party nor an Indemnitee may settle or compromise any claim over
the objection of the other; provided that consent to settlement or compromise
shall not be unreasonably withheld or delayed. If an Indemnifying Party notifies
the Indemnitee in writing of such Indemnifying Party's desire to settle or
compromise a Third Party Claim on the basis set forth in such notice (provided
that such settlement or compromise includes as an unconditional term thereof the
giving by the claimant or plaintiff of a written release of the Indemnitee from
all liability in respect thereof) and the Indemnitee shall notify the
Indemnifying Party in writing that such Indemnitee declines to accept any such
settlement or compromise, such Indemnitee may continue to contest such Third
Party Claim, free of any participation by such Indemnifying Party, at such
Indemnitee's sole expense. In such event, the obligation of such Indemnifying
Party to such Indemnitee with respect to such Third Party Claim shall be equal
to (i) the costs and expenses of such Indemnitee prior to the date such
Indemnifying Party notifies such Indemnitee of the offer to settle or compromise
(to the extent such costs and expenses are otherwise indemnifiable hereunder)
plus (ii) the lesser of (A) the amount of any offer of settlement or compromise
which such Indemnitee declined to accept and (B) the actual out-of-pocket amount
such Indemnitee is obligated to pay subsequent to such date as a result of such
Indemnitee's continuing to pursue such Third Party Claim.
(f) In the event of payment by an Indemnifying Party to any Indemnitee in
connection with any Third Party Claim, such Indemnifying Party shall be
subrogated to and shall stand in the place of such Indemnitee as to any events
or circumstances in respect of which such Indemnitee may have any right or claim
relating to such Third Party Claim against any claimant or plaintiff asserting
such Third Party Claim or against any other Person. Such Indemnitee shall
cooperate with such Indemnifying Party in a reasonable manner, and at the cost
and expense of such Indemnifying Party, in prosecuting any subrogated right or
claim.
17
(g) Except with respect to claims relating to actual fraud, the
indemnification provisions set forth in this section are the sole and exclusive
remedy of the parties hereto for any and all claims for indemnification under
this Agreement.
SECTION 14.04 Survival. This Article XIV shall survive termination of this
Agreement.
ARTICLE XV
ARBITRATION
(a) As a condition precedent to any right of Action under this Agreement,
any dispute or difference between the parties hereto relating to the formation,
interpretation, or performance of this Agreement, or any transaction under this
Agreement, whether arising before or after termination, shall be submitted for
decision to a panel of three arbitrators (the "Panel") at the offices of
Judicial Arbitration and Mediation Services, Inc. in accordance with the
Streamlined Arbitration Rules and Procedures of Judicial Arbitration and
Mediation Services, Inc.
(b) The party demanding arbitration shall do so by written notice
complying with the terms of Section 20.06. The arbitration demand shall state
the issues to be resolved and shall name the arbitrator appointed by the
demanding party.
(c) Within 30 days of receipt of the demand for arbitration, the
responding party shall notify the demanding party of any additional issues to be
resolved in the arbitration and the name of the responding party's appointed
arbitrator. If the responding party refuses or neglects to appoint an arbitrator
within 30 days following receipt of the written arbitration demand, then the
demanding party may appoint the second arbitrator, but only after providing 10
days' written notice of its intention to do so and only if such other party has
failed to appoint the second arbitrator within such 10 day period.
(d) The two arbitrators shall, before instituting the hearing, select an
impartial arbitrator who shall act as the umpire and preside over the hearing.
If the two arbitrators fail to agree on the selection of a third arbitrator
within 30 days after notification of the appointment of the second arbitrator,
the selection of the umpire shall be made by the American Arbitration
Association. Upon resignation or death of any member of the Panel, a replacement
will be appointed in the same fashion as the resigning or deceased member was
appointed. All arbitrators shall be active or former officers of
property/casualty insurance or reinsurance companies, or Lloyd's underwriters,
and shall be disinterested in the outcome of the arbitration.
(e) Within 30 days after notice of appointment of all arbitrators, the
Panel shall meet and determine timely periods for briefs, discovery procedures
and schedules for hearings. The Panel shall have the power to determine all
procedural rules for the holding of the arbitration, including but not limited
to the inspection of documents, examination of witnesses and any other matter
relating to the conduct of the arbitration. The Panel shall interpret this
Agreement as an honorable engagement and not as merely a
18
legal obligation and shall make its decision considering the custom and practice
of the applicable insurance and reinsurance business. The Panel shall be
relieved of all judicial formalities and may abstain from following the strict
rules of law. The decision of any two arbitrators shall be binding and final.
The arbitrators shall render their decision in writing within 60 days following
the termination of the hearing. Judgment upon the award may be entered in any
court of competent jurisdiction.
(f) Except as otherwise provided herein, all proceedings pursuant hereto
shall be governed by the laws of the State of Minnesota without giving effect to
any choice or conflict of laws provision or rule (whether of the State of
Minnesota or any other jurisdiction) that would cause the application of the
laws of any jurisdiction other than the State of Minnesota.
(g) The parties agree that any disputes subject to arbitration pursuant to
this Article XV that may also be subject to arbitration proceedings between
respective Affiliates of the parties shall be consolidated with and subject to
arbitration pursuant to this Article XV. The parties further agree that all
issues that are limited to a specific foreign jurisdiction under an agreement
between the respective affiliates of the parties shall be determined by this
Panel pursuant to the consolidation, in reference to the governing law of the
applicable agreement.
(h) Each party shall bear the expense of its own arbitrator and shall
share equally with the other party the expense of the umpire and of the
arbitration.
(i) Arbitration hereunder shall take place in New York, New York unless
the parties agree otherwise.
(j) This Article XV shall survive termination of this Agreement.
ARTICLE XVI
INSOLVENCY
(a) In the event of the insolvency of Retrocedant, this reinsurance shall
be payable directly to Retrocedant, or to its liquidator, receiver, conservator
or statutory successor on the basis of the liability of Retrocedant without
diminution because of the insolvency of Retrocedant or because the liquidator,
receiver, conservator or statutory successor of Retrocedant has failed to pay
all or a portion of any claim.
(b) It is agreed, however, that the liquidator, receiver, conservator or
statutory successor of Retrocedant shall give written notice to the
Retrocessionaire of the pendency of a claim against Retrocedant indicating the
Reinsurance Contract, which claim would involve a possible liability on the part
of Retrocessionaire within a reasonable time after such claim is filed in the
conservation or liquidation proceeding or in the receivership, and that during
the pendency of such claim, Retrocessionaire may investigate such claim and
interpose, at its own expense, in the proceeding where such claim is to be
adjudicated any defense or defenses that it may deem available to Retrocedant or
its liquidator, receiver, conservator or statutory successor. The expense
19
thus incurred by Retrocessionaire shall be chargeable, subject to the approval
of the court, against Retrocedant as part of the expense of conservation or
liquidation to the extent of a pro rata share of the benefit which may accrue to
Retrocedant solely as a result of the defense undertaken by Retrocessionaire.
(c) As to all reinsurance made, ceded, renewed or otherwise becoming
effective under this Agreement, the reinsurance shall be payable as set forth
above by Retrocessionaire to Retrocedant or to its liquidator, receiver,
conservator or statutory successor, except (1) where the Reinsurance Contracts
specifically provide another payee in the event of the insolvency of
Retrocedant, and (2) where Retrocessionaire, with the consent of the reinsured
or reinsureds under the Reinsurance Contracts, has assumed such Reinsurance
Contract obligations of Retrocedant as direct obligations of Retrocessionaire to
the payees under such Reinsurance Contracts and in substitution for the
obligations of the Retrocedant to such payees.
ARTICLE XVII
OFFSET
Retrocedant and Retrocessionaire shall have the right to offset any
balance or amounts due from one party to the other under the terms of this
Agreement. The party asserting the right of offset may exercise such right at
any time whether the balances due are on account of premiums, losses or
otherwise.
ARTICLE XVIII
ERRORS AND OMISSIONS
Any inadvertent delay, omission, error or failure shall not relieve either
party hereto from any liability which would attach hereunder if such delay,
omission, error or failure had not been made, provided such delay, omission,
error or failure is rectified as soon as reasonably practicable upon discovery.
ARTICLE XIX
CREDIT FOR REINSURANCE; security
SECTION 19.01 Credit for Reinsurance. Retrocessionaire shall take all
actions reasonably necessary, if any, to permit Retrocedant to obtain full
financial statement credit in all applicable U.S. jurisdictions for all
liabilities assumed by the Retrocessionaire pursuant to this Agreement,
including but not limited to loss and loss adjustment expense reserves, unearned
premium reserves, reserves for incurred but not reported losses, allocated loss
adjustment expenses and ceding commissions, and to provide the security required
for such purpose, in a form reasonably acceptable to Retrocedant. Any reserves
required by the foregoing in no event shall be less than the amounts required
under the law of the jurisdiction having regulatory authority with respect to
the establishment of reserves relating to the relevant Reinsurance Contracts.
20
For purposes of this Article XIX, such "actions reasonably necessary" may
include, without limitation, the furnishing of a letter of credit or the
establishment of a custodial or trust account, as permitted under applicable
law, to secure the payment of the amounts due the Retrocedant under this
Agreement.
SECTION 19.02 Expenses. All expenses of establishing and maintaining any
letter of credit or other security arrangement shall be paid by
Retrocessionaire.
SECTION 19.03 Security. Retrocessionaire shall establish and maintain a
trust fund for the benefit of Retrocedant as security for the obligations of
Retrocessionaire under this Agreement. The trust fund shall be in a form
reasonably satisfactory to Retrocedant and shall comply in all material respects
with the requirements under Maryland Insurance Law applicable to trust funds
established for credit for reinsurance purposes except as explicitly set forth
therein.
ARTICLE XX
MISCELLANEOUS PROVISIONS
SECTION 20.01 Severability. If any term or provision of this Agreement
shall be held void, illegal, or unenforceable, the validity of the remaining
portions or provisions shall not be affected thereby.
SECTION 20.02 Successors and Assigns. This Agreement may not be assigned
by either party without the prior written consent of the other. The provisions
of this Agreement shall be binding upon and inure to the benefit of and be
enforceable by the parties hereto and their respective successors and assigns as
permitted herein.
SECTION 20.03 No Third Party Beneficiaries. Except as otherwise
specifically provided for in Article XIV of this Agreement, nothing in this
Agreement is intended or shall be construed to give any Person, other than the
parties hereto, their successors and permitted assigns, any legal or equitable
right, remedy or claim under or in respect of this Agreement or any provision
contained herein, and Retrocessionaire shall not be directly liable hereunder to
any reinsured under any Reinsurance Contract.
SECTION 20.04 Equitable Relief. Each party hereto acknowledges that if it
or its employees or agents violate the terms of this Agreement, the other party
will not have an adequate remedy at law. In the event of such a violation, the
other party shall have the right, in addition to any other rights that may be
available to it, to obtain in any court of competent jurisdiction injunctive
relief to restrain any such violation and to compel specific performance of the
provisions of this Agreement. The seeking or obtaining of such injunctive relief
shall not foreclose or limit in any way relief against either party hereto for
any monetary damage arising out of such violation.
SECTION 20.05 Execution in Counterparts. This Agreement may be executed by
the parties hereto in any number of counterparts and by each of the parties
hereto in separate counterparts, each of which counterparts, when so executed
and
21
delivered, shall be deemed to be an original, but all such counterparts shall
together constitute but one and the same instrument.
SECTION 20.06 Notices. All notices, requests, claims, demands and other
communications hereunder shall be in writing and shall be deemed to have been
duly given if delivered by hand (with receipt confirmed), or by facsimile (with
transmission confirmed), or by certified mail, postage prepaid and return
receipt requested, addressed as follows (or to such other address as a party may
designate by written notice to the others) and shall be deemed given on the date
on which such notice is received:
If to Retrocedant:
St. Paul Fire and Marine Insurance Company
385 Washington Street
St. Paul, MN 55102
Facsimile: (410) 205-6967
Attention: General Counsel
If to Retrocessionaire:
Platinum Underwriters Reinsurance, Inc.
195 Broadway
New York, New York 10007
Facsimile: (212) 238-9202
Attention: Chief Financial Officer
SECTION 20.07 Wire Transfer. All settlements in accordance with this
Agreement shall be made by wire transfer of immediately available funds on the
due date, or if such day is not a Business Day, on the next day which is a
Business Day, pursuant to the following wire transfer instructions:
For credit to Platinum Underwriters Reinsurance, Inc.
Citibank
Newcastle, Delaware
Account Number 38660864
Bank ABA Number 031100209.
For credit to St. Paul Fire and Marine Insurance Company
Citibank - Delaware
Swift Code: CITIUS33
ABA: 031100209
Account Name: St. Paul Fire and Marine Insurance Company
Account Number: 38594764
Ref: Platinum Re Quota Share reinsurance payment
22
Payment may be made by check payable in immediately available funds in the
event the party entitled to receive payment has failed to provide wire
transfer instructions.
SECTION 20.08 Headings. Headings used herein are not a part of this
Agreement and shall not affect the terms hereof.
SECTION 20.09 Further Assurances. Each of the parties shall from time to
time, on being reasonably requested to do so by the other party to this
Agreement, do such acts and/or execute such documents in a form reasonably
satisfactory to the party concerned as may be necessary to give full effect to
this Agreement and securing to that party the full benefit of the rights, powers
and remedies conferred upon it by this Agreement.
SECTION 20.10 Amendments; Entire Agreement. This Agreement may be amended
only by written agreement of the parties. This Agreement, together with the
Formation and Separation Agreement, supersedes all prior discussions and written
and oral agreements and constitutes the sole and entire agreement between the
parties with respect to the subject matter hereof.
SECTION 20.11 Governing Law. This Agreement shall be governed by the laws
of the State of Minnesota, without giving effect to principles of conflicts of
laws thereof.
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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed by their duly authorized representatives as of the date first above
written.
ST. PAUL FIRE AND MARINE INSURANCE COMPANY
By /s/ Bruce A. Backberg
---------------------------------------
Name: BRUCE A. BACKBERG
Title: SENIOR VICE PRESIDENT
AND CORPORATE
SECRETARY
PLATINUM UNDERWRITERS REINSURANCE, INC.
By /s/ Michael D. Price
---------------------------------------
Name: Michael D. Price
Title: President and Chief
Underwriting Officer
EXHIBIT A-1
List of Included Classes
The business that will be transferred into Platinum Re is defined by all
business incepting in the 2002 underwriting year and belonging to the included
classes listed below.
New York Classes New York Classes
---------------- ----------------
1101 Property Treaty P-R, NY 1204 Intl Casualty Treaty, NY
1102 Property Treaty XS - Risk, NY 1205 Intl Motor Pro-Rata, NY
1103 Property Treaty Excess - Cat, NY 1206 Intl Accident & Health, NY
1104 Retrocessions, NY 1298 Intl Prop Outward Retro
1105 Crop-Hail, NY 1301 Marine Treaty Pro Rata, NY
1106 Casualty Treaty Pro-Rata, NY 1302 Marine Treaty Excess, NY
1107 Cas. First Dollar WC, NY 1303 Marine Facultative, NY
1108 Casualty Treaty Excess, NY 1307 Satellite XS, NY
1109 Cas. First Dollar Auto, NY (non-program) 1500 non-traditional
1110 LPIC, NY 1800 CCA AIG QS
1111 Cas. First Dollar GL/Other, NY (non-program) 2201 Intl Property Treaty Excess - Risk Miami
1112 NA Accident & Health, NY 2202 Intl Property Pro Rata, Miami
1128 Casualty Treaty Excess - Clash, NY 2203 Intl Casualty Treaty, Miami
1201 Intl Property Pro Rata, NY 2204 Marine Treaty Pro Rata, Miami
1202 Intl Property Treaty Excess - Risk, NY 2205 Intl Motor Pro-Rata, Miami
1203 Intl Property Treaty Excess - Cat, NY
A-1-1
London Classes London Classes London Classes
-------------- -------------- --------------
L06 N. Am Med Mal
L08 N Am Casualty Treaty L40 N Am Motor Pro Rata M21 Munich - Marine PR
L11 N. Am Cat L41 N Am Motor XL M23 Munich - Int'l Property P-R
L17 N Am Property P-R L43 N Am GL Pro Rata M24 Munich - Int'l Property Per Risk
L18 N Am Property Per Risk L44 N Am GL XL M25 Munich - Int'l Cat
L74 Med Mal PR L48 N Am PI XL M26 Munich - Int'l Motor
L91 N. Am Crop L63 N Am PI Pro Rata M27 Munich - Int'l Liab XS
L21 Int'l Marine P-R B21 Brussels Marine PR M32 Munich - Int'l Marine XS
L23 Int'l Property P-R B23 Brussels Int'l Property P-R M34 Munich Int'l Liability Pro Rata
L24 Int'l Property Per Risk B24 Brussels Int'l Property Per Risk M55 Munich Int'l Proportional Personal
Accident
L25 Int'l Cat B25 Brussels Int'l Cat M60 Munich International Motor Pro Rata
Treaty (MAPD)
L26 Int'l Motor XS B26 Brusses Int'l Motor M61 Munich International Engineering
Pro Rata Treaty
L27 Int'l Casualty Excess B27 Brussels Int'l Liab XS M62 Munich International Engineering
Excess Treaty
L32 Int'l Marine XL B32 Brussels Int'l Marine XS LL1 L1 GTR Scaleback Europe Class 1
L33 U.K. Property Proportional Treaty B34 Brussels Int'l Liab PR LL2 L2 GTR Scaleback Europe Class 2
L34 Int'l Casualty P-R B55 Brussels Int'l Personal Acc P-R LL3 L3 GTR Scaleback Europe Class 3
L79 Satelite XS B60 Brussels Int Motor Physical Damage PR LL5 L5 GTR Scaleback Europe Class 5
L80 Int'l Motor Liability PR B61 Brussels Engineering PR LF1 F1 GTR Scaleback Europe Class 1
B62 Brussels Engineering XL LF2 F2 GTR Scaleback Europe Class 2
B80 Brussels Motor Pro Rata LF3 F3 GTR Scaleback Europe Class 3
LF5 F5 GTR Scaleback Europe Class 5
LL4 L4 GTR Scaleback Europe Class 4
LF4 F4 GTR Scaleback Europe Class 4
A-1-2
EXHIBIT A-2
The Reinsurance Contracts
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00004070000 2002 10B ILW 50 States No Reinstate 0190 Assumed Retro
00004104700 2002 15B ILW, Natural Perils, 1@100 0190 Assumed Retro
00003112800 2002 1st Cat 0190 Assumed Retro
M0000471500 2002 2nd RETRO CAT EXCESS 0190 Assumed Retro
00002536200 2002 3rd Property Catastophe 0190 Assumed Retro
M0000586700 2002 Corporate Stop Loss 0290 Crop Hail
00003116400 2002 Crop Quota Share 0290 Crop Hail
00003650900 2002 First Crop Excess 0290 Crop Hail
M0000589900 2002 First Layer Hail Stop Loss 0290 Crop Hail
00004063700 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004132300 2002 Clarendon Net Cat 0031 NA Ppty Tty X/S Cat
00004066600 2002 2nd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004066600 2002 3rd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004066700 2002 3rd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004066700 2002 4th Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004066800 2002 4th Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004066800 2002 5th Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004127700 2002 2nd Catastrophe xs of Loss 0031 NA Ppty Tty X/S Cat
00003668100 2002 APD Stop Loss 0031 NA Ppty Tty X/S Cat
00004136900 2002 Common Account Net Cat 0031 NA Ppty Tty X/S Cat
00004065000 2002 2nd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
TP961533600 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961533700 2002 B-1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961533800 2002 B-2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
00004129500 2002 4th Property Per Risk XOl 0030 NA Ppty Tty X/S Risk
00004136600 2002 B-2nd reinstatement 0031 NA Ppty Tty X/S Cat
TP961533900 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961534000 2002 B-2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00004070000 B F Caudle (Lloyd'S) 780 1-May-02 30-Apr-03 JRODD
00004104700 R F Bailey (Lloyd'S) 138 1-Jun-02 31-May-03 JRODD
00003112800 Farm Family Casualty Ins Co 1-Apr-02 31-Mar-03 JRODD 2
M0000471500 Gerling Global Reins Corp USB 1-Apr-02 31-Mar-03 JRODD
00002536200 Hartford Re Mgmt. Co. 1-Jun-02 31-Jul-03 JRODD 2
M0000586700 Farmers Mutual Hail Ins of IA 1-Jan-02 31-Dec-02 JBARR
00003116400 First Mutual Ins. NC 1-Jan-02 31-Dec-02 JBARR 2
00003650900 Hartford Fire Insurance Co 1-Jan-02 31-Dec-02 JBARR 2
M0000589900 Saskatchewan Municipal Hail Ins Asso 1-May-02 30-Apr-03 JBARR
00004063700 AXA Re Prop & Cas Ins Co 1-Jun-02 31-May-03 DKINN 2
00004132300 Clarendon National Ins Co 1-Jul-02 2-Jul-02 DKINN 2
00004066600 Clarendon National Ins Co 1-Jun-02 31-May-03 DKINN 2
00004066600 Clarendon National Ins Co 1-Jun-02 31-May-03 DKINN 2
00004066700 Clarendon National Ins Co 1-Jun-02 31-May-03 DKINN 2
00004066700 Clarendon National Ins Co 1-Jun-02 31-May-03 DKINN 2
00004066800 Clarendon National Ins Co 1-Jun-02 31-May-03 DKINN 2
00004066800 Clarendon National Ins Co 1-Jun-02 31-May-03 DKINN 2
00004127700 Clarendon Select Insurance Co 1-Jun-02 31-May-03 DKINN 2
00003668100 DaimlerChrysler Insurance Co 1-May-02 30-Apr-03 DKINN 2
00004136900 Farmers Mutual Hail Ins of IA 1-Jun-02 31-May-03 DKINN 2
00004065000 Harbor Speciality Insurance Co. 1-Jun-02 31-May-03 DKINN 2
TP961533600 Hurst Home Insurance Co Inc 1-Jan-02 31-Dec-02 DKINN 2
TP961533700 Hurst Home Insurance Co Inc 1-Jan-02 31-Dec-02 DKINN 2
TP961533800 Hurst Home Insurance Co Inc 1-Jan-02 31-Dec-02 DKINN 2
00004129500 Insurance Co of the West 1-Jul-02 30-Jun-03 DKINN 2
00004136600 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 DKINN 2
TP961533900 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 DKINN 2
TP961534000 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 DKINN 2
A-3-1
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
TP961534100 2002 B-3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961534200 2002 B-4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961562000 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
00004131300 2002 1st Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
00004131400 2002 2nd Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
TP961534600 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961534700 2002 B-2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970882300 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970882400 2002 B-2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970882500 2002 B-3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970882600 2002 B-4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970882700 2002 B-5th Property Cat XOL 0031 NA Ppty Tty X/S Cat
00001696100 2002 B-4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970959900 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970960100 2002 B-2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970960200 2002 B-3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
M0000459700 2002 TOP CAT EXCESS 0031 NA Ppty Tty X/S Cat
00003949600 2002 B-1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP922226500 2002 B-4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961755100 2002 B-3rd Propert Cat XOL 0031 NA Ppty Tty X/S Cat
TP961755200 2002 B-5th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961755300 2002 B-6th Property Cat XOL 0031 NA Ppty Tty X/S Cat
00004066200 2002 2nd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004066200 2002 3rd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004065700 2002 2nd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004065700 2002 3rd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004065800 2002 3rd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004065800 2002 3rd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004065900 2002 4th Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004065900 2002 5th Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00004122200 2002 1st Aggregate Catastrophe XOL 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
TP961534100 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 DKINN 2
TP961534200 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 DKINN 2
TP961562000 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 DKINN 2
Liberty International Insurance Company
00004131300 Limited 1-Aug-02 31-Jul-03 DKINN 2
Liberty International Insurance Company
00004131400 Limited 1-Aug-02 31-Jul-03 DKINN 2
TP961534600 Lititz Mutual Insurance Co 1-Jan-02 31-Dec-02 DKINN 2
TP961534700 Lititz Mutual Insurance Co 1-Jan-02 31-Dec-02 DKINN 2
TP970882300 Motor Club of America Ins Co 1-Jul-02 30-Jun-03 DKINN 2
TP970882400 Motor Club of America Ins Co 1-Jul-02 30-Jun-03 DKINN 2
TP970882500 Motor Club of America Ins Co 1-Jul-02 30-Jun-03 DKINN 2
TP970882600 Motor Club of America Ins Co 1-Jul-02 30-Jun-03 DKINN 2
TP970882700 Motor Club of America Ins Co 1-Jul-02 30-Jun-03 DKINN 2
00001696100 Mutual Benefit Insurance Co 1-Jul-02 30-Jun-03 DKINN 2
TP970959900 Mutual Benefit Insurance Co 1-Jul-02 30-Jun-03 DKINN 2
TP970960100 Mutual Benefit Insurance Co 1-Jul-02 30-Jun-03 DKINN 2
TP970960200 Mutual Benefit Insurance Co 1-Jul-02 30-Jun-03 DKINN 2
M0000459700 Nationwide Mutual Ins Co 1-Jul-02 30-Jun-03 DKINN 2
00003949600 North Country Insurance Co 1-Jan-02 31-Dec-02 DKINN 2
TP922226500 Northern Neck Insurance Co 1-Jan-02 31-Dec-02 DKINN 2
TP961755100 Northern Neck Insurance Co 1-Jan-02 31-Dec-02 DKINN 2
TP961755200 Northern Neck Insurance Co 1-Jan-02 31-Dec-02 DKINN 2
TP961755300 Northern Neck Insurance Co 1-Jan-02 31-Dec-02 DKINN 2
00004066200 Omega Insurance Company 1-Jun-02 31-May-03 DKINN 2
00004066200 Omega Insurance Company 1-Jun-02 31-May-03 DKINN 2
00004065700 Regency Insurance Company 1-Jun-02 31-May-03 DKINN 2
00004065700 Regency Insurance Company 1-Jun-02 31-May-03 DKINN 2
00004065800 Regency Insurance Company 1-Jun-02 31-May-03 DKINN 2
00004065800 Regency Insurance Company 1-Jun-02 31-May-03 DKINN 2
00004065900 Regency Insurance Company 1-Jun-02 31-May-03 DKINN 2
00004065900 Regency Insurance Company 1-Jun-02 31-May-03 DKINN 2
00004122200 Security Mutual Insurance Company 2 1-Jul-02 30-Jun-03 DKINN 2
A-3-2
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00004123900 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004124000 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
M0000585700 2002 Hail Agg Stop Loss 0290 Crop Hail
M0000540400 2002 Second Crop Excess 0290 Crop Hail
M0000571600 2002 Second Crop Stop Loss 0290 Crop Hail
M0000590000 2002 Second Layer Hail Stop Loss 0290 Crop Hail
00004046500 2002 Third Crop Stop Loss 0290 Crop Hail
M0000590100 2002 Third Layer Hail Stop Loss 0290 Crop Hail
00001429600 2002 Garage Liability Quota Share 0300 First Dollar Auto
00000976200 2002 Longhorn Agcy- Mobilehome Q/S 0302 First Dollar G/L
00002411500 2002 Primary Cas QS 0302 First Dollar G/L
00002488700 2002 Hawaii WC QS 0301 First Dollar WC
00003642800 2002 Combined ESL QS 0420 Healthcare P/R
00004047900 2002 EDH Fully Insured 0420 Healthcare P/R
00004109500 2002 Excess, Inc. 0420 Healthcare P/R
00003815300 2002 GM Southwest 0420 Healthcare P/R
00004018300 2002 HCCB ESL QS 0420 Healthcare P/R
00004046600 2002 MCIS HMO Re 0420 Healthcare P/R
00003935900 2002 Neonatal Carve Out 0420 Healthcare P/R
00003970200 2002 SRI/Zurich Transplant Program 0420 Healthcare P/R
00002372700 2002 Motor Quota Share 0360 Intl Cas Motor
00003891300 2002 1.L. WWex N.A. Green Card XL 0100 Intl Casualty Tty
00004084100 2002 1st NM Liab (Direct) 0100 Intl Casualty Tty
TF880783200 2002 1ST NM LIAB XL 0100 Intl Casualty Tty
TF942049900 2002 3rd Foreign Gen'l Cat 0100 Intl Casualty Tty
M0000550700 2002 4th Foreign Gen'l Cat 0100 Intl Casualty Tty
M0000550800 2002 5th Foreign Gen'l Cat 0100 Intl Casualty Tty
TN960001600 2002 Auto Liability & Casualty XL 0100 Intl Casualty Tty
00002400100 2002 Auto TPL Casualty XL 2nd Layer 0100 Intl Casualty Tty
00002400200 2002 Auto TPL Casualty XL 3rd Layer 0100 Intl Casualty Tty
00003929200 2002 Auto XL 0100 Intl Casualty Tty
00003929600 2002 Auto XL 0100 Intl Casualty Tty
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00004123900 Transatlantic Reinsurance Co 1-Jul-02 31-Jul-03 DKINN 2
00004124000 Transatlantic Reinsurance Co 1-Jul-02 31-Jul-03 DKINN 2
M0000585700 Farmers Mutual Hail Ins of IA 1-Jan-02 31-Dec-02 JBARR
M0000540400 Hartford Fire Insurance Co 1-Jan-02 31-Dec-02 JBARR
M0000571600 Agricorp 1-Jan-02 31-Dec-02 JBARR
M0000590000 Saskatchewan Municipal Hail Ins Asso 1-May-02 30-Apr-03 JBARR
00004046500 Agricorp 1-Jan-02 31-Dec-02 JBARR
M0000590100 Saskatchewan Municipal Hail Ins Asso 1-May-02 30-Apr-03 JBARR
00001429600 Southern Pioneer and Casualty Ins. Co 1-Apr-02 31-Mar-03 SSCHU 2
00000976200 Colonial Lloyds 1-Jan-02 31-Dec-02 SSCHU 2
00002411500 Royal Specialty Underwriters 1-Apr-02 31-Mar-03 BENKO 2
00002488700 National Interstate Ins Co 1-Jun-02 31-May-03 THEIN 2
00003642800 Combined Insurance Company of America 1-Jan-02 31-Dec-02 EKOUR 2
00004047900 North Carolina Mutual Life Insurance Company 1-May-02 30-Apr-03 JTHOM
00004109500 ACE USA 1-May-02 31-Mar-03 YSTEI
00003815300 Clarendon National Ins Co 1-Jan-02 31-Dec-02 JTHOM 2
00004018300 Houston Casualty Company 1-Jan-02 31-Dec-02 EKOUR
00004046600 MCIS HMO RE 1-Jan-02 31-Dec-02 EKOUR
00003935900 Combined Insurance Company of America 1-Mar-02 28-Feb-03 EKOUR 2
00003970200 Zurich American Ins Co of IL 1-Jan-02 31-Dec-02 EKOUR 2
00002372700 Insurance Company of the Bahamas 1-Jan-02 31-Dec-02 SREDL 2
00003891300 Estonian Traffic Insurance Foundation 1-Jan-02 31-Dec-02 LYM 2
00004084100 The Nisshin Fire & Marine Insurance Co., Ltd. 1-Apr-02 31-Mar-03 DMK
TF880783200 The Nisshin Fire & Marine Insurance Co., Ltd. 1-Apr-02 31-Mar-03 DMK
TF942049900 American International Underwriters, NY 1-Jan-02 31-Dec-02 DDP
M0000550700 American International Underwriters, NY 1-Jan-02 31-Dec-02 DDP
M0000550800 American International Underwriters, NY 1-Jan-02 31-Dec-02 DDP
TN960001600 Cooperativa Seguros Multi PR 1-Jan-02 31-Dec-02 SREDL
00002400100 Seguros Triple-S Inc 1-Jan-02 31-Dec-02 RSP 2
00002400200 Seguros Triple-S Inc 1-Jan-02 31-Dec-02 RSP 2
00003929200 Axa Seguros Argentina 1-Jan-02 31-Dec-02 RSP 2
00003929600 Axa Seguros Argentina 1-Jan-02 31-Dec-02 RSP 2
A-3-3
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003929900 2002 Auto XL 0100 Intl Casualty Tty
00003957800 2002 Auto XL 0100 Intl Casualty Tty
00003958400 2002 Auto XL 0100 Intl Casualty Tty
00003962500 2002 Auto XL 0100 Intl Casualty Tty
00003963100 2002 Auto XL 0100 Intl Casualty Tty
00003963200 2002 Auto XL 0100 Intl Casualty Tty
00003985800 2002 Auto XL 0100 Intl Casualty Tty
00003985900 2002 Auto XL 0100 Intl Casualty Tty
00004079900 2002 Directors & Officers Q.S. 0100 Intl Casualty Tty
00001040900 2002 Fire Cat XL 0100 Intl Casualty Tty
00003758300 2002 Fire Cat XL 0100 Intl Casualty Tty
TN970023600 2002 Fire Cat XL 0100 Intl Casualty Tty
TN970024000 2002 Fire Cat XL 0100 Intl Casualty Tty
TN970024200 2002 Fire Cat XL 0100 Intl Casualty Tty
TN970024300 2002 Fire Cat XL 0100 Intl Casualty Tty
TF950323200 2002 GEN ACCIDENT 2ND XOL 0100 Intl Casualty Tty
00003682900 2002 GTPL 2ND X/L 0100 Intl Casualty Tty
TF970444400 2002 GTPL 2ND XL 0100 Intl Casualty Tty
00003683000 2002 GTPL 3RD XL 0100 Intl Casualty Tty
TF970444500 2002 GTPL 3RD XL 0100 Intl Casualty Tty
00100476700 2002 Liability Quota Share Treaty 0100 Intl Casualty Tty
00003528900 2002 Medical Malpractice 1XL 0100 Intl Casualty Tty
00003529300 2002 Medical Malpractice 2XL 0100 Intl Casualty Tty
TN970253800 2002 Misc. XL 0100 Intl Casualty Tty
TN970255600 2002 Misc. XL 0100 Intl Casualty Tty
TN950131200 2002 Miscelaneous First Surplus 0100 Intl Casualty Tty
00003034900 2002 Motor & Liability XL 0100 Intl Casualty Tty
00003508500 2002 Motor & Liability XL 0100 Intl Casualty Tty
00003508600 2002 Motor & Liability XL 0100 Intl Casualty Tty
00003508700 2002 Motor & Liability XL 0100 Intl Casualty Tty
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003929900 Axa Seguros Argentina 1-Jan-02 31-Dec-02 RSP 2
00003957800 AXA Seguros Uruguay 1-Jan-02 31-Dec-02 RSP 2
00003958400 AXA Seguros Uruguay 1-Jan-02 31-Dec-02 RSP 2
00003962500 Segurcoop Cooperativa De Seguros Ltda 1-Jan-02 31-Dec-02 RSP 2
00003963100 Segurcoop Cooperativa De Seguros Ltda 1-Jan-02 31-Dec-02 RSP 2
00003963200 Segurcoop Cooperativa De Seguros Ltda 1-Jan-02 31-Dec-02 RSP 2
00003985800 Maritime General Insurance Co Ltd 1-Jan-02 31-Dec-02 SREDL
00003985900 Maritime General Insurance Co Ltd 1-Jan-02 31-Dec-02 SREDL
00004079900 Korean Reinsurance Company 1-Apr-02 31-Mar-03 EYM
00001040900 Cooperativa Seguros Multi PR 1-Apr-02 31-Mar-03 RSP 2
00003758300 INTEGRAND Assurance Company 1-May-02 30-Apr-03 RSP 2
TN970023600 INTEGRAND Assurance Company 1-May-02 30-Apr-03 RSP
TN970024000 Cooperativa Seguros Multi PR 1-Apr-02 31-Mar-03 RSP
TN970024200 Cooperativa Seguros Multi PR 1-Apr-02 31-Mar-03 RSP
TN970024300 Cooperativa Seguros Multi PR 1-Apr-02 31-Mar-03 RSP
TF950323200 THE TOA REINSURANCE COMPANY 1-Apr-02 31-Mar-03 DMK
00003682900 Aioi Insurance Company 1-Apr-02 31-Mar-03 DMK 2
The Nichido Fire and Marine Insurance
TF970444400 Company, Ltd. 1-Apr-02 31-Mar-03 DMK
00003683000 Aioi Insurance Company 1-Apr-02 31-Mar-03 DMK 2
The Nichido Fire and Marine Insurance
TF970444500 Company, Ltd. 1-Apr-02 31-Mar-03 DMK
00100476700 China International Reinsurance Co. Ltd. 1-Jan-02 31-Dec-02 PBEND
00003528900 Simed, Puerto Rico 1-Jan-02 31-Dec-02 RSP 2
00003529300 Simed, Puerto Rico 1-Jan-02 31-Dec-02 RSP 2
Barbados Fire & Commercial Insurance Co.,
TN970253800 Ltd. 1-Jan-02 31-Dec-02 SREDL
Barbados Fire & Commercial Insurance Co.,
TN970255600 Ltd. 1-Jan-02 31-Dec-02 SREDL
TN950131200 Seguros Sucre, S.A. 1-Jan-02 31-Dec-02 SREDL
00003034900 Cooperators General Insurance Co. Ltd. 1-Jun-02 31-May-03 RSP 2
00003508500 Anchorage General Ins Limited 1-Jan-02 31-Dec-02 RSP 2
00003508600 Anchorage General Ins Limited 1-Jan-02 31-Dec-02 RSP 2
00003508700 Anchorage General Ins Limited 1-Jan-02 31-Dec-02 RSP 2
A-3-4
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003509800 2002 Motor & Liability XL 0100 Intl Casualty Tty
TN970011100 2002 Motor & Liability XL 0100 Intl Casualty Tty
00003034600 2002 Motor & Liability XL 1st Layer 0100 Intl Casualty Tty
00003034700 2002 Motor & Liability XL 2nd Layer 0100 Intl Casualty Tty
00003035000 2002 Motor & Liability XL 4th Layer 0100 Intl Casualty Tty
00002322400 2002 Motor XL 0100 Intl Casualty Tty
00002322600 2002 Motor XL 0100 Intl Casualty Tty
00003527000 2002 Motor XL 0100 Intl Casualty Tty
00003527600 2002 Motor XL 0100 Intl Casualty Tty
00003527800 2002 Motor XL 0100 Intl Casualty Tty
00003527900 2002 Motor XL 0100 Intl Casualty Tty
TN961335200 2002 Motor XL 0100 Intl Casualty Tty
TN961337500 2002 Motor XL 0100 Intl Casualty Tty
00002335700 2002 Motor/EC/EL/Liability XOL 0100 Intl Casualty Tty
00002335800 2002 Motor/EC/EL/Liability XOL 0100 Intl Casualty Tty
00002335900 2002 Motor/EC/EL/Liability XOL 0100 Intl Casualty Tty
TN971013300 2002 Tent Plan XL 0100 Intl Casualty Tty
TN971013600 2002 Tent Plan XL 0100 Intl Casualty Tty
TF330010500 2002 EARTHQUAKE Q/S 0080 Intl Ppty Tty P/R
TN951400100 2002 Fire & Accident 1st Surp & QS 0080 Intl Ppty Tty P/R
00001491700 2002 Fire & Accident QS 0080 Intl Ppty Tty P/R
00001491600 2002 Fire 2nd Surplus 0080 Intl Ppty Tty P/R
00002176900 2002 Fire Fac Oblig. 0080 Intl Ppty Tty P/R
00002338500 2002 Fire First Surplus 0080 Intl Ppty Tty P/R
00003978300 2002 Fire First Surplus 0080 Intl Ppty Tty P/R
TN950131000 2002 Fire First Surplus 0080 Intl Ppty Tty P/R
TN951588800 2002 Fire QS & First Surplus 0080 Intl Ppty Tty P/R
00003592800 2002 Fire Quota Share 0080 Intl Ppty Tty P/R
00003592800 2002 Fire Quota Share 0080 Intl Ppty Tty P/R
00002388300 2002 Fire Quota Share And Surplus 0080 Intl Ppty Tty P/R
00003515200 2002 Fire Second Surplus 0080 Intl Ppty Tty P/R
TN950131200 2002 Miscelaneous First Surplus 0080 Intl Ppty Tty P/R
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003509800 Maritime General Insurance Co Ltd 1-Jan-02 31-Dec-02 RSP 2
TN970011100 Maritime General Insurance Co Ltd 1-Jan-02 31-Dec-02 SREDL
00003034600 Cooperators General Insurance Co. Ltd. 1-Jun-02 31-May-03 RSP 2
00003034700 Cooperators General Insurance Co. Ltd. 1-Jun-02 31-May-03 RSP 2
00003035000 Cooperators General Insurance Co. Ltd. 1-Jun-02 31-May-03 RSP 2
00002322400 United Insurance Company Limited 1-Jan-02 31-Dec-02 SREDL 2
00002322600 United Insurance Company Limited 1-Jan-02 31-Dec-02 SREDL 2
00003527000 Motor & General Ins. Co. Ltd, Trinidad 1-Jan-02 31-Dec-02 SREDL 2
00003527600 Motor & General Ins. Co. Ltd, Trinidad 1-Jan-02 31-Dec-02 SREDL 2
00003527800 Motor & General Ins. Co. Ltd, Trinidad 1-Jan-02 31-Dec-02 SREDL 2
00003527900 Motor & General Ins. Co. Ltd, Trinidad 1-Jan-02 31-Dec-02 SREDL 2
TN961335200 United Insurance Company Limited 1-Jan-02 31-Dec-02 SREDL
TN961337500 United Insurance Company Limited 1-Jan-02 31-Dec-02 SREDL
00002335700 Bank of China Group Insurance Company Ltd. 1-Jan-02 31-Dec-02 EYM 2
00002335800 Bank of China Group Insurance Company Ltd. 1-Jan-02 31-Dec-02 EYM 2
00002335900 Bank of China Group Insurance Company Ltd. 1-Jan-02 31-Dec-02 EYM 2
TN971013300 Grupo Nacional Provincial S.A. 1-Jun-02 31-May-03 RSP
TN971013600 Grupo Nacional Provincial S.A. 1-Jun-02 31-May-03 RSP
TF330010500 Tokio Marine & Fire Insurance Co Ltd 1-Apr-02 31-Mar-03 DMK
TN951400100 Cayman General 1-Jan-02 31-Dec-02 SREDL
00001491700 Bahamas First General Insurance Company Ltd. 1-Jan-02 31-Dec-02 RSP 2
00001491600 Bahamas First General Insurance Company Ltd. 1-Jan-02 31-Dec-02 RSP 2
00002176900 Bahamas First General Insurance Company Ltd. 1-Jan-02 31-Dec-02 RSP 2
00002338500 Insurance Corporation Of Barbados 1-Jan-02 31-Dec-02 SREDL 2
00003978300 Bermuda Fire & Marine Insurance Co., Ltd 1-Jan-02 31-Dec-02 RSP
TN950131000 Seguros Sucre, S.A. 1-Jan-02 31-Dec-02 SREDL
TN951588800 Dyoll Insurance Company Limited 1-Jan-02 31-Dec-02 SREDL
00003592800 Consumers' Guarantee Ins. Co. Barbados 1-Jan-02 31-Dec-02 RSP 2
00003592800 Consumers' Guarantee Ins. Co. Barbados 1-Jan-02 31-Dec-02 RSP 2
00002388300 Insurance Company of the Bahamas 1-Jan-02 31-Dec-02 RSP 2
00003515200 Bermuda Fire & Marine Insurance Co., Ltd 1-Jan-02 31-Dec-02 RSP 2
TN950131200 Seguros Sucre, S.A. 1-Jan-02 31-Dec-02 SREDL
A-3-5
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00000902100 2002 Property First Surplus 0080 Intl Ppty Tty P/R
00003554300 2002 Property QS & First Surplus 0080 Intl Ppty Tty P/R
00002894900 2002 Property Quota Share 0080 Intl Ppty Tty P/R
00003418300 2002 Quota Share WWexUS on Fac Pty 0080 Intl Ppty Tty P/R
TN950125000 2002 Surplus 0080 Intl Ppty Tty P/R
TN950125600 2002 Technical Engineering QS 0080 Intl Ppty Tty P/R
00002262200 2002 1.L. Cat XL BB Fac Pty. 0091 Intl Ppty Tty X/S Cat
00002456600 2002 1.L. Cat XL IS Fac Pty. 0091 Intl Ppty Tty X/S Cat
00002343500 2002 1L Cat XL Eur incl/TK&IS Fac 0091 Intl Ppty Tty X/S Cat
00002336200 2002 1L Cat XL on IS Dir & Fac Pty 0091 Intl Ppty Tty X/S Cat
00002283700 2002 1L Cat XL on IS Prim Pty (Ret) 0091 Intl Ppty Tty X/S Cat
00003938900 2002 1L Cat XL on WW ex/USA Fac Pty 0091 Intl Ppty Tty X/S Cat
00002409500 2002 1L Cat XL on WWex/USA&Can Pty 0091 Intl Ppty Tty X/S Cat
00003107200 2002 1L Cat XL Prg. on PT Prim Pty 0091 Intl Ppty Tty X/S Cat
00004091600 2002 1st EFEI CAT XL 0091 Intl Ppty Tty X/S Cat
00003711100 2002 1st EFEI XL 0091 Intl Ppty Tty X/S Cat
00003712800 2002 1st Fire & EQ Cat XL 0091 Intl Ppty Tty X/S Cat
TF930803400 2002 1ST FIRE CAT NET ACCOUNT XOL 0091 Intl Ppty Tty X/S Cat
TF951599200 2002 1ST PROPERTY CAT XL 0091 Intl Ppty Tty X/S Cat
00003709900 2002 1ST W/F CAT XL 0091 Intl Ppty Tty X/S Cat
00003719200 2002 1st W/F XL 0091 Intl Ppty Tty X/S Cat
00002456700 2002 2.L. Cat XL IS Fac Pty. 0091 Intl Ppty Tty X/S Cat
00003871200 2002 2.L.Cat XL on TK& Cyp Dir Tty 0091 Intl Ppty Tty X/S Cat
00002372400 2002 2L Cat XL Euro incl/TK&IS Fac 0091 Intl Ppty Tty X/S Cat
TF922540100 2002 2L Cat XL on IS Dir & Fac Pty 0091 Intl Ppty Tty X/S Cat
00002381400 2002 2L Cat XL on WW ex/USA Fac Pty 0091 Intl Ppty Tty X/S Cat
00002409800 2002 2L Cat XL on WWex/USA&Can Pty 0091 Intl Ppty Tty X/S Cat
00003107300 2002 2L Cat XL Prg. on PT Prim Pty 0091 Intl Ppty Tty X/S Cat
00003618800 2002 2nd EFEI CAT XL 0091 Intl Ppty Tty X/S Cat
00003711800 2002 2nd EQ XL 0091 Intl Ppty Tty X/S Cat
00003712900 2002 2nd Fire & EQ Cat XL 0091 Intl Ppty Tty X/S Cat
TF930803500 2002 2ND FIRE CAT NET ACCOUNT XOL 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00000902100 Antilles Insurance Company 1-Jan-02 31-Dec-02 RSP 2
00003554300 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00002894900 N.E.M. (West Indies) Insurance Limited 1-Jan-02 31-Dec-02 RSP 2
00003418300 Broadgate Syndicate #1301 1-Jan-02 31-Dec-02 LYM 2
TN950125000 Aseguradora Agricola Comercial 1-Jan-02 31-Dec-02 SREDL
TN950125600 Seguros Sucre, S.A. 1-Jan-02 31-Dec-02 SREDL
00002262200 Secura Reinsurance Company 1-Jan-02 31-Dec-02 LYM 2
00002456600 AIG Golden - Israel 1-Apr-02 31-Mar-03 LYM 2
00002343500 Secura Reinsurance Company 1-Jan-02 31-Dec-02 LYM 2
00002336200 Ayalon Insurance Co., Ltd. 1-Jan-02 31-Dec-02 LYM 2
00002283700 Israel Phoenix Assurance Company Ltd 1-Jan-02 31-Dec-02 LYM 2
00003938900 Caisse Centrale de Reassurance 1-Jan-02 31-Dec-02 LYM 2
00002409500 Achmea Insurance 1-Jan-02 31-Dec-02 LYM 2
00003107200 S & P Reinsurance Ltd. 1-Jan-02 31-Dec-02 LYM 2
The Nisshin Fire & Marine Insurance Co.,
00004091600 Ltd. 1-Apr-02 31-Mar-03 DMK
00003711100 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 DMK 2
00003712800 Nissay Dowa General Insurance Company Ltd 1-Apr-02 31-Mar-03 DMK 2
TF930803400 THE TOA REINSURANCE COMPANY 1-Apr-02 31-Mar-03 DMK
TF951599200 Internationale Nederlanden Groep N.V. 1-Jan-02 31-Dec-02 EYM
The Nisshin Fire & Marine Insurance Co.,
00003709900 Ltd. 1-Apr-02 31-Mar-03 DMK 2
00003719200 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 DMK 2
00002456700 AIG Golden - Israel 1-Apr-02 31-Mar-03 LYM 2
00003871200 Destek Reasurans T.A.S. 1-Jan-02 31-Dec-02 LYM 2
00002372400 Secura Reinsurance Company 1-Jan-02 31-Dec-02 LYM 2
TF922540100 Ayalon Insurance Co., Ltd. 1-Jan-02 31-Dec-02 LYM
00002381400 Caisse Centrale de Reassurance 1-Jan-02 31-Dec-02 LYM 2
00002409800 Achmea Insurance 1-Jan-02 31-Dec-02 LYM 2
00003107300 S & P Reinsurance Ltd. 1-Jan-02 31-Dec-02 LYM 2
The Nisshin Fire & Marine Insurance Co.,
00003618800 Ltd. 1-Apr-02 31-Mar-03 DMK 2
00003711800 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 DMK 2
00003712900 Nissay Dowa General Insurance Company Ltd 1-Apr-02 31-Mar-03 DMK 2
TF930803500 THE TOA REINSURANCE COMPANY 1-Apr-02 31-Mar-03 DMK
A-3-6
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
TF940077600 2002 2ND PROPERTY CAT XOL 0091 Intl Ppty Tty X/S Cat
TF870817700 2002 2ND W/F CAT XL 0091 Intl Ppty Tty X/S Cat
00003719300 2002 2nd W/F XL 0091 Intl Ppty Tty X/S Cat
00003633500 2002 3.L. Cat XL Is Fac Pty. 0091 Intl Ppty Tty X/S Cat
00003871400 2002 3.L.Cat XL on TK& Cyp Dir Tty 0091 Intl Ppty Tty X/S Cat
00003061200 2002 3L Cat XL on FF Nat Perils 0091 Intl Ppty Tty X/S Cat
00003939200 2002 3L Cat XL on IS Dir & Fac Pty 0091 Intl Ppty Tty X/S Cat
00003968900 2002 3L Cat XL on Sur TkyCyp Pty 0091 Intl Ppty Tty X/S Cat
00003968700 2002 3L Cat XL on Tky&Cyp Pty Short 0091 Intl Ppty Tty X/S Cat
00003545200 2002 3L Cat XL on Turkish Prim Pty 0091 Intl Ppty Tty X/S Cat
00002381500 2002 3L Cat XL on WW ex/USA Fac Pty 0091 Intl Ppty Tty X/S Cat
00003107400 2002 3L Cat XL Prg. on PT Prim Pty 0091 Intl Ppty Tty X/S Cat
00003983400 2002 3L Cat XL WW ex/USA&Can Fac 0091 Intl Ppty Tty X/S Cat
00003711900 2002 3rd EQ XL 0091 Intl Ppty Tty X/S Cat
TF940078100 2002 3RD PROPERTY CAT XOL 0091 Intl Ppty Tty X/S Cat
00003719400 2002 3rd W/F XL 0091 Intl Ppty Tty X/S Cat
TF870817900 2002 3RD W/FL CAT X/L 0091 Intl Ppty Tty X/S Cat
00003633600 2002 4.L. Cat XL IS Fac Pty. 0091 Intl Ppty Tty X/S Cat
00003679100 2002 4L Cat XL on FF Nat Perils 0091 Intl Ppty Tty X/S Cat
00003939300 2002 4L Cat XL on IS Dir & Fac Pty 0091 Intl Ppty Tty X/S Cat
00003862700 2002 4L Cat XL on TK Surplus Accept 0091 Intl Ppty Tty X/S Cat
00003533800 2002 4L Cat XL on TK Tty Accep. Pty 0091 Intl Ppty Tty X/S Cat
00003380400 2002 4L Cat XL on Tky&Cyp Tty Pty 0091 Intl Ppty Tty X/S Cat
00003545300 2002 4L Cat XL on Turkish Prim Pty 0091 Intl Ppty Tty X/S Cat
00003878300 2002 4L Cat XL on Turkish Prim Pty 0091 Intl Ppty Tty X/S Cat
00003298600 2002 4L Cat XL on WWex/USA&Can Pty 0091 Intl Ppty Tty X/S Cat
00003107500 2002 4L Cat XL Prg. on PT Prim Pty 0091 Intl Ppty Tty X/S Cat
00003983500 2002 4L Cat XL WW ex/USA&Can Fac 0091 Intl Ppty Tty X/S Cat
00003991600 2002 4L Cat XL WW exNA&Carr Pr Pty 0091 Intl Ppty Tty X/S Cat
TF940078200 2002 4TH PROPERTY CAT XOL 0091 Intl Ppty Tty X/S Cat
00001665800 2002 4th W/F Cat XL 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
TF940077600 Internationale Nederlanden Groep N.V. 1-Jan-02 31-Dec-02 EYM
The Nisshin Fire & Marine Insurance Co.,
TF870817700 Ltd. 1-Apr-02 31-Mar-03 DMK
00003719300 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 DMK 2
00003633500 AIG Golden - Israel 1-Apr-02 31-Mar-03 LYM 2
00003871400 Destek Reasurans T.A.S. 1-Jan-02 31-Dec-02 LYM 2
00003061200 Mut. Ass. Des Commercants Et Industriels 1-Jan-02 31-Dec-02 LYM 2
00003939200 Ayalon Insurance Co., Ltd. 1-Jan-02 31-Dec-02 LYM 2
00003968900 Milli Reasurans T A S Turque 1-Jan-02 31-Dec-02 LYM 2
00003968700 Milli Reasurans T A S Turque 1-Jan-02 31-Dec-02 LYM 2
00003545200 Anadolu Sigorta Sirketi 1-Jan-02 31-Dec-02 LYM 2
00002381500 Caisse Centrale de Reassurance 1-Jan-02 31-Dec-02 LYM 2
00003107400 S & P Reinsurance Ltd. 1-Jan-02 31-Dec-02 LYM 2
00003983400 Danish Re Syndicate No.1400 at Lloyds 1-Jan-02 31-Dec-02 LYM
00003711900 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 DMK 2
TF940078100 Internationale Nederlanden Groep N.V. 1-Jan-02 31-Dec-02 EYM
00003719400 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 DMK 2
TF870817900 The Nisshin Fire & Marine Insurance Co., Ltd. 1-Apr-02 31-Mar-03 DMK
00003633600 AIG Golden - Israel 1-Apr-02 31-Mar-03 LYM 2
00003679100 Mut. Ass. Des Commercants Et Industriels 1-Jan-02 31-Dec-02 LYM 2
00003939300 Ayalon Insurance Co., Ltd. 1-Jan-02 31-Dec-02 LYM 2
00003862700 Milli Reasurans T A S Turque 1-Jan-02 31-Dec-02 LYM 2
00003533800 Basak Sigorta Sirketi 1-Jan-02 31-Dec-02 LYM 2
00003380400 Milli Reasurans T A S Turque 1-Jan-02 31-Dec-02 LYM 2
00003545300 Anadolu Sigorta Sirketi 1-Jan-02 31-Dec-02 LYM 2
00003878300 Commercial Union Sigorta AS 1-Jan-02 31-Dec-02 LYM 2
00003298600 Achmea Insurance 1-Jan-02 31-Dec-02 LYM 2
00003107500 S & P Reinsurance Ltd. 1-Jan-02 31-Dec-02 LYM 2
00003983500 Danish Re Syndicate No.1400 at Lloyds 1-Jan-02 31-Dec-02 LYM
Gerling-Konzern Allgemeine
00003991600 Versicherungs-Aktiengesellschaft 1-Jan-02 31-Dec-02 LYM
TF940078200 Internationale Nederlanden Groep N.V. 1-Jan-02 31-Dec-02 EYM
00001665800 The Nisshin Fire & Marine Insurance Co., Ltd. 1-Apr-02 31-Mar-03 DMK 2
A-3-7
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003719500 2002 4th W/F XL 0091 Intl Ppty Tty X/S Cat
00002262500 2002 5.L. Cat XL BB Primary Pty. 0091 Intl Ppty Tty X/S Cat
00004002300 2002 5l (Eureko) Cat on PT&NL Pty 0091 Intl Ppty Tty X/S Cat
00003991700 2002 5L Cat XL on European Prim Pty 0091 Intl Ppty Tty X/S Cat
00004094200 2002 5L Cat XL on FF Pty 0091 Intl Ppty Tty X/S Cat
00003939400 2002 5L Cat XL on IS Dir & Fac Pty 0091 Intl Ppty Tty X/S Cat
00003999900 2002 5L Cat XL on TK Surplus Accept 0091 Intl Ppty Tty X/S Cat
00003380500 2002 5L Cat XL on Tky&Cyp Tty Pty 0091 Intl Ppty Tty X/S Cat
00003878400 2002 5L Cat XL on Turkish Prim Pty 0091 Intl Ppty Tty X/S Cat
00002271500 2002 5L on WW Fac Property 0091 Intl Ppty Tty X/S Cat
TF960000400 2002 5TH PROPERTY CAT XOL 0091 Intl Ppty Tty X/S Cat
00003710000 2002 5TH W/F CAT XL 0091 Intl Ppty Tty X/S Cat
00003380600 2002 6L Cat XL on Tky&Cyp Tty Pty 0091 Intl Ppty Tty X/S Cat
00000992800 2002 6TH PROPERTY CAT XOL 0091 Intl Ppty Tty X/S Cat
00002415900 2002 Antigua Cat XL 0091 Intl Ppty Tty X/S Cat
00002416000 2002 Antigua Cat XL 0091 Intl Ppty Tty X/S Cat
00002416000 2002 Antigua Cat XL 0091 Intl Ppty Tty X/S Cat
00002416100 2002 Antigua Cat XL 0091 Intl Ppty Tty X/S Cat
00002416300 2002 Antigua Cat XL 0091 Intl Ppty Tty X/S Cat
00003511300 2002 Bahamas Cat XL 0091 Intl Ppty Tty X/S Cat
00003511400 2002 Bahamas Cat XL 0091 Intl Ppty Tty X/S Cat
00003511600 2002 Bahamas Cat XL 0091 Intl Ppty Tty X/S Cat
00003593700 2002 Caribbean Cat XL 0091 Intl Ppty Tty X/S Cat
00003593700 2002 Caribbean Cat XL 0091 Intl Ppty Tty X/S Cat
00003620500 2002 Caribbean Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003621100 2002 Caribbean Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00004045200 2002 Caribbean Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003971100 2002 Cat XL - Net Account 0091 Intl Ppty Tty X/S Cat
00003930500 2002 Comm/Ind Risk/Event XL 2nd L 0091 Intl Ppty Tty X/S Cat
00002416300 2002 Common Account Cat XL 0091 Intl Ppty Tty X/S Cat
00002415900 2002 Common Account Fire XL 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003719500 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 DMK 2
00002262500 Secura Reinsurance Company 1-Jan-02 31-Dec-02 LYM 2
00004002300 Achmea Insurance 1-Jan-02 31-Dec-02 LYM
Gerling-Konzern Allgemeine
00003991700 Versicherungs-Aktiengesellschaft 1-Jan-02 31-Dec-02 LYM
00004094200 Mut. Ass. Des Commercants Et Industriels 1-Jan-02 31-Dec-02 LYM
00003939400 Ayalon Insurance Co., Ltd. 1-Jan-02 31-Dec-02 LYM 2
00003999900 Milli Reasurans T A S Turque 1-Jan-02 31-Dec-02 LYM
00003380500 Milli Reasurans T A S Turque 1-Jan-02 31-Dec-02 LYM 2
00003878400 Commercial Union Sigorta AS 1-Jan-02 31-Dec-02 LYM 2
00002271500 AXA Corporate Solutions 1-Jan-02 31-Dec-02 LYM 2
TF960000400 Internationale Nederlanden Groep N.V. 1-Jan-02 31-Dec-02 EYM
00003710000 The Nisshin Fire & Marine Insurance Co., Ltd. 1-Apr-02 31-Mar-03 DMK 2
00003380600 Milli Reasurans T A S Turque 1-Jan-02 31-Dec-02 LYM 2
00000992800 Internationale Nederlanden Groep N.V. 1-Jan-02 31-Dec-02 EYM 2
00002415900 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00002416000 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00002416000 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00002416100 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00002416300 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00003511300 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00003511400 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00003511600 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00003593700 American International Underwriters, NY 1-Jan-02 31-Dec-02 RSP 2
00003593700 American International Underwriters, NY 1-Jan-02 31-Dec-02 RSP 2
00003620500 Island Heritage Insurance Company Ltd. 1-Apr-02 31-Mar-03 RSP 2
00003621100 Island Heritage Insurance Company Ltd. 1-Apr-02 31-Mar-03 RSP 2
00004045200 Island Heritage Insurance Company Ltd. 1-Apr-02 31-Mar-03 RSP
00003971100 Allstate Life Ins Co of CN 1-Jan-02 31-Dec-02 SREDL 2
00003930500 Reso Garantia 1-Jan-02 31-Dec-02 DMD 2
00002416300 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00002415900 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
A-3-8
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003627700 2002 Earthquake XL 0091 Intl Ppty Tty X/S Cat
00003636500 2002 Earthquake XL 0091 Intl Ppty Tty X/S Cat
00003626800 2002 EFEI XOL 0091 Intl Ppty Tty X/S Cat
00003636400 2002 EQ & NAT PERILS XL 0091 Intl Ppty Tty X/S Cat
TF870842100 2002 FIRE & CASUALTY NON-PROP SURPL 0091 Intl Ppty Tty X/S Cat
00003067200 2002 Fire & Eng Cat XOL - 5th Layer 0091 Intl Ppty Tty X/S Cat
00002361400 2002 Fire & Eng Risk & Cat XOL-3 La 0091 Intl Ppty Tty X/S Cat
00003067100 2002 Fire & Eng Risk & Cat XOL-4 La 0091 Intl Ppty Tty X/S Cat
00001040900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00001528800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00001529000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00001529000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002325600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002325700 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002336800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002336900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002337100 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002337900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002338000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002369300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002894400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002894700 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003293800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003293900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003446100 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003447300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003447400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003447500 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003448900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003448900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003486300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003627700 Secom General Insurance Company, Ltd. 1-Apr-02 31-Mar-03 DMK 2
00003636500 Zenkyoren 1-Apr-02 31-Mar-03 DMK 2
00003626800 Secom General Insurance Company, Ltd. 1-Apr-02 31-Mar-03 DMK 2
00003636400 Zenkyoren 1-Apr-02 31-Mar-03 DMK 2
TF870842100 THE TOA REINSURANCE COMPANY 1-Apr-02 31-Mar-03 DMK
00003067200 China Mariners' Ass Corp 1-Jan-02 31-Dec-02 EYM 2
00002361400 China Mariners' Ass Corp 1-Jan-02 31-Dec-02 EYM 2
00003067100 China Mariners' Ass Corp 1-Jan-02 31-Dec-02 EYM 2
00001040900 Cooperativa Seguros Multi PR 1-Apr-02 31-Mar-03 RSP 2
00001528800 Bahamas First General Insurance Company Ltd. 1-Jan-02 31-Dec-02 RSP 2
00001529000 Bahamas First General Insurance Company Ltd. 1-Jan-02 31-Dec-02 RSP 2
00001529000 Bahamas First General Insurance Company Ltd. 1-Jan-02 31-Dec-02 RSP 2
00002325600 Cia De Seg Bolivar S.A. 1-Jan-02 31-Dec-02 RSP 2
00002325700 Cia De Seg Bolivar S.A. 1-Jan-02 31-Dec-02 RSP 2
00002336800 Bermuda Fire & Marine Insurance Co., Ltd 1-Jan-02 31-Dec-02 SREDL 2
00002336900 Bermuda Fire & Marine Insurance Co., Ltd 1-Jan-02 31-Dec-02 SREDL 2
00002337100 Bermuda Fire & Marine Insurance Co., Ltd 1-Jan-02 31-Dec-02 SREDL 2
00002337900 Dyoll Insurance Company Limited 1-Jan-02 31-Dec-02 SREDL 2
00002338000 Dyoll Insurance Company Limited 1-Jan-02 31-Dec-02 SREDL 2
00002369300 Generali Colombia, Seguros Generales 1-Jan-02 31-Dec-02 RSP 2
00002894400 N.E.M. (West Indies) Insurance Limited . 1-Jan-02 31-Dec-02 RSP 2
00002894700 N.E.M. (West Indies) Insurance Limited . 1-Jan-02 31-Dec-02 RSP 2
00003293800 El Ahorro Hondureno 1-Jan-02 31-Dec-02 RSP 2
00003293900 El Ahorro Hondureno 1-Jan-02 31-Dec-02 RSP 2
00003446100 Instituto Nac De Seguros 1-Jan-02 31-Dec-02 RSP 2
00003447300 Cayman General 1-Jan-02 31-Dec-02 RSP 2
00003447400 Cayman General 1-Jan-02 31-Dec-02 RSP 2
00003447500 Cayman General 1-Jan-02 31-Dec-02 RSP 2
00003448900 Dyoll Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00003448900 Dyoll Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00003486300 Consumers' Guarantee Ins. Co. Barbados 1-Jan-02 31-Dec-02 SREDL 2
A-3-9
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003486800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003486900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003489200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003489300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003492600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003502100 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003502200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003502300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003502400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003507200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003507400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003507600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003512900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003515300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003517100 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003524700 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003597100 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003597200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003716500 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003716800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003717000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003758300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003960900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003961000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003971000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003971300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003971400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003971600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003971800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003972000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003972300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003486800 Consumers' Guarantee Ins. Co. Barbados 1-Jan-02 31-Dec-02 SREDL 2
00003486900 Consumers' Guarantee Ins. Co. Barbados 1-Jan-02 31-Dec-02 SREDL 2
00003489200 Compania Central De Seguros 1-Jan-02 31-Dec-02 RSP 2
00003489300 Compania Central De Seguros 1-Jan-02 31-Dec-02 RSP 2
00003492600 Seguros e Inversiones S.A. 1-Jan-02 31-Dec-02 RSP 2
00003502100 Seguros Santander Serfin 1-Jan-02 31-Dec-02 AMADR 2
00003502200 Seguros Santander Serfin 1-Jan-02 31-Dec-02 AMADR 2
00003502300 Seguros Santander Serfin 1-Jan-02 31-Dec-02 AMADR 2
00003502400 Seguros Santander Serfin 1-Jan-02 31-Dec-02 AMADR 2
00003507200 Harmony General Insurance Company 1-Jan-02 31-Dec-02 RSP 2
00003507400 Harmony General Insurance Company 1-Jan-02 31-Dec-02 SREDL 2
00003507600 Harmony General Insurance Company 1-Jan-02 31-Dec-02 SREDL 2
00003512900 Harmony General Insurance Company 1-Jan-02 31-Dec-02 SREDL 2
00003515300 Bermuda Fire & Marine Insurance Co., Ltd 1-Jan-02 31-Dec-02 RSP 2
00003517100 N.E.M. (West Indies) Insurance Limited . 1-Jan-02 31-Dec-02 RSP 2
00003524700 Aseguradora General S.A., Guatemala 1-Jan-02 31-Dec-02 AMADR 2
00003597100 Seguros Banamex Aegon, S.A. 1-Mar-02 28-Feb-03 RSP 2
00003597200 Seguros Banamex Aegon, S.A. 1-Mar-02 28-Feb-03 RSP 2
00003716500 Grupo Nacional Provincial S.A. 1-Jun-02 31-May-03 RSP 2
00003716800 Grupo Nacional Provincial S.A. 1-Jun-02 31-May-03 RSP 2
00003717000 Grupo Nacional Provincial S.A. 1-Jun-02 31-May-03 RSP 2
00003758300 INTEGRAND Assurance Company 1-May-02 30-Apr-03 RSP 2
00003960900 Aseguradora General S.A., Guatemala 1-Jan-02 31-Dec-02 AMADR 2
00003961000 Aseguradora General S.A., Guatemala 1-Jan-02 31-Dec-02 AMADR 2
00003971000 Barbados Fire & Commercial Insurance Co., Ltd. 1-Jan-02 31-Dec-02 SREDL 2
00003971300 Seguros Granai Townson Sa Cia De Seg Gen 1-Jan-02 31-Dec-02 AMADR 2
00003971800 Seguros Nuevo Mundo S.A 1-Jan-02 31-Dec-02 AMADR 2
00003972000 Seguros Nuevo Mundo S.A 1-Jan-02 31-Dec-02 AMADR 2
00003972300 Seguros Nuevo Mundo S.A 1-Jan-02 31-Dec-02 AMADR 2
A-3-10
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003972400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003974800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003974900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003975000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003975600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003975700 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003975800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003979900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003980000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003980200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003980300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003980400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003986200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003986300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003986400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003986500 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003986600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003986800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003986900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003995800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003995900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003996000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003996100 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003996200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00004048600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00004048700 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00004048800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00004083700 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00004083800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00004084000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN961689000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN961698900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003971400 Seguros Granai Townson Sa Cia De Seg Gen 1-Jan-02 31-Dec-02 AMADR 2
00003971600 Seguros Granai Townson Sa Cia De Seg Gen 1-Jan-02 31-Dec-02 AMADR 2
00003971800 Seguros Nuevo Mundo S.A. 1-Jan-02 31-Dec-02 AMADR 2
00003972000 Seguros Nuevo Mundo S.A. 1-Jan-02 31-Dec-02 AMADR 2
00003972300 Seguros Nuevo Mundo S.A. 1-Jan-02 31-Dec-02 AMADR 2
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003972400 Seguros Nuevo Mundo S.A. 1-Jan-02 31-Dec-02 AMADR 2
00003974800 Seguros e Inversiones S.A. 1-Jan-02 31-Dec-02 RSP 2
00003974900 Seguros e Inversiones S.A. 1-Jan-02 31-Dec-02 RSP 2
00003975000 Seguros e Inversiones S.A. 1-Jan-02 31-Dec-02 RSP 2
00003975600 El Ahorro Hondureno 1-Jan-02 31-Dec-02 RSP 2
00003975700 El Ahorro Hondureno 1-Jan-02 31-Dec-02 RSP 2
00003975800 El Ahorro Hondureno 1-Jan-02 31-Dec-02 RSP 2
00003979900 Aseguradora Agricola Comercial 1-Jan-02 31-Dec-02 RSP
00003980000 Aseguradora Agricola Comercial 1-Jan-02 31-Dec-02 RSP
00003980200 Aseguradora Agricola Comercial 1-Jan-02 31-Dec-02 RSP
00003980300 Aseguradora Agricola Comercial 1-Jan-02 31-Dec-02 RSP
00003980400 Aseguradora Agricola Comercial 1-Jan-02 31-Dec-02 RSP
00003986200 Seguros Atlantida S.A. 1-Jan-02 31-Dec-02 RSP
00003986300 Seguros Atlantida S.A. 1-Jan-02 31-Dec-02 RSP
00003986400 Seguros Atlantida S.A. 1-Jan-02 31-Dec-02 RSP
00003986500 Seguros Atlantida S.A. 1-Jan-02 31-Dec-02 RSP
00003986600 Instituto Nac De Seguros 1-Jan-02 31-Dec-02 RSP
00003986800 Instituto Nac De Seguros 1-Jan-02 31-Dec-02 RSP
00003986900 Instituto Nac De Seguros 1-Jan-02 31-Dec-02 RSP
00003995800 Internacional de Seguros, El Salvador 1-Jan-02 31-Dec-02 RSP
00003995900 Internacional de Seguros, El Salvador 1-Jan-02 31-Dec-02 RSP
00003996000 Internacional de Seguros, El Salvador 1-Jan-02 31-Dec-02 RSP
00003996100 Internacional de Seguros, El Salvador 1-Jan-02 31-Dec-02 RSP
00003996200 Internacional de Seguros, El Salvador 1-Jan-02 31-Dec-02 RSP
00004048600 Aseguradora Mundial, S.A. 1-Apr-02 31-Mar-03 RSP
00004048700 Aseguradora Mundial, S.A. 1-Apr-02 31-Mar-03 RSP
00004048800 Aseguradora Mundial, S.A. 1-Apr-02 31-Mar-03 RSP
00004083700 Antilles Insurance Company 1-May-02 30-Apr-03 RSP
00004083800 Antilles Insurance Company 1-May-02 30-Apr-03 RSP
00004084000 Antilles Insurance Company 1-May-02 30-Apr-03 RSP
TN961689000 Cia De Seg Bolivar S.A. 1-Jan-02 31-Dec-02 RSP
TN961698900 Cia De Seg Bolivar S.A. 1-Jan-02 31-Dec-02 RSP
A-3-11
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
TN961738300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN970023600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN970024000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN970024200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN970024300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN970048800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN970049000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN970064000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN970084600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN970084700 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN970084800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003969300 2002 LA/Caribbean Risk XL 0091 Intl Ppty Tty X/S Cat
00003560300 2002 Mexico Cat XL 0091 Intl Ppty Tty X/S Cat
00003986000 2002 Mexico Cat XL 0091 Intl Ppty Tty X/S Cat
00003986100 2002 Mexico Cat XL 0091 Intl Ppty Tty X/S Cat
TN961771200 2002 Mexico, Latin America Cat XL 0091 Intl Ppty Tty X/S Cat
TN970253800 2002 Misc. XL 0091 Intl Ppty Tty X/S Cat
TN970255600 2002 Misc. XL 0091 Intl Ppty Tty X/S Cat
00003991000 2002 Mortgage A/C XL 0091 Intl Ppty Tty X/S Cat
00003991100 2002 Mortgage A/C XL 0091 Intl Ppty Tty X/S Cat
00003991200 2002 Mortgage A/C XL 0091 Intl Ppty Tty X/S Cat
00003991300 2002 Mortgage A/C XL 0091 Intl Ppty Tty X/S Cat
00002506200 2002 Movable All Risks 1st XL 0091 Intl Ppty Tty X/S Cat
00002506400 2002 Movable All Risks 2nd XL 0091 Intl Ppty Tty X/S Cat
00004062900 2002 National Housing Trust Cat XL 0091 Intl Ppty Tty X/S Cat
00004063800 2002 National Housing Trust Cat XL 0091 Intl Ppty Tty X/S Cat
TF873709000 2002 NATL EQ FUND X/L 0091 Intl Ppty Tty X/S Cat
00003981900 2002 Net Account 0091 Intl Ppty Tty X/S Cat
00003982000 2002 Net Account 0091 Intl Ppty Tty X/S Cat
00003982100 2002 Net Account 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
TN961738300 Anchorage General Ins Limited 1-Jan-02 31-Dec-02 SREDL
TN970023600 INTEGRAND Assurance Company 1-May-02 30-Apr-03 RSP
TN970024000 Cooperativa Seguros Multi PR 1-Apr-02 31-Mar-03 RSP
TN970024200 Cooperativa Seguros Multi PR 1-Apr-02 31-Mar-03 RSP
TN970024300 Cooperativa Seguros Multi PR 1-Apr-02 31-Mar-03 RSP
TN970048800 Generali Colombia, Seguros Generales 1-Jan-02 31-Dec-02 RSP
TN970049000 Generali Colombia, Seguros Generales 1-Jan-02 31-Dec-02 RSP
TN970064000 Antilles Insurance Company 1-May-02 30-Apr-03 RSP
TN970084600 Seguros RocaFuerte 1-Jan-02 31-Dec-02 RSP
TN970084700 Seguros RocaFuerte 1-Jan-02 31-Dec-02 RSP
TN970084800 Seguros RocaFuerte 1-Jan-02 31-Dec-02 RSP
00003969300 Royal & SunAlliance USA, Inc. 1-Jan-02 31-Dec-02 RSP 2
00003560300 American International Underwriters, NY 1-Jan-02 31-Dec-02 RSP 2
00003986000 American International Underwriters, NY 1-Jan-02 31-Dec-02 RSP
00003986100 American International Underwriters, NY 1-Jan-02 31-Dec-02 RSP
TN961771200 American International Underwriters, NY 1-Jan-02 31-Dec-02 RSP
Barbados Fire & Commercial Insurance Co.,
TN970253800 Ltd. 1-Jan-02 31-Dec-02 SREDL
Barbados Fire & Commercial Insurance Co.,
TN970255600 Ltd. 1-Jan-02 31-Dec-02 SREDL
00003991000 Seguros e Inversiones S.A. 1-Jan-02 31-Dec-02 RSP
00003991100 Seguros e Inversiones S.A. 1-Jan-02 31-Dec-02 RSP
00003991200 Seguros e Inversiones S.A. 1-Jan-02 31-Dec-02 RSP
00003991300 Seguros e Inversiones S.A. 1-Jan-02 31-Dec-02 RSP
The Nichido Fire and Marine Insurance
00002506200 Company, Ltd. 1-Apr-02 31-Mar-03 DMK 2
The Nichido Fire and Marine Insurance
00002506400 Company, Ltd. 1-Apr-02 31-Mar-03 DMK 2
00004062900 Insurance Co of North America 1-Apr-02 31-Mar-03 RSP
00004063800 Insurance Co of North America 1-Apr-02 31-Mar-03 RSP
TF873709000 Icelandic Catastrophe Insurance Fund 1-Jan-02 31-Dec-02 KSM
00003981900 Puerto Rican-American Ins Co 1-Jan-02 31-Dec-02 RSP
00003982000 Puerto Rican-American Ins Co 1-Jan-02 31-Dec-02 RSP
00003982100 Puerto Rican-American Ins Co 1-Jan-02 31-Dec-02 RSP
A-3-12
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003982200 2002 Net Account 0091 Intl Ppty Tty X/S Cat
00004000100 2002 Prop. Risk & Event XOL -3rd La 0091 Intl Ppty Tty X/S Cat
00004000200 2002 Prop. Risk & Event XOL -4th La 0091 Intl Ppty Tty X/S Cat
00002326900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00002327000 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00002959700 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00002959800 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00002959900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00002960000 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00002960300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00002961300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003349800 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003482500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003482600 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003482600 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003492500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003503500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003503900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003511900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003518400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003518500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003520700 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003553500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003553700 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003553800 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003790500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003949400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003950200 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003950300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003950400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003950500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003966600 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003982200 Puerto Rican-American Ins Co 1-Jan-02 31-Dec-02 RSP
00004000100 Kuo Hua Ins. Co. Ltd. 1-Jan-02 31-Dec-02 EYM
00004000200 Kuo Hua Ins. Co. Ltd. 1-Jan-02 31-Dec-02 EYM
00002326900 Seguros Triple-S Inc 1-Jan-02 31-Dec-02 RSP 2
00002327000 Seguros Triple-S Inc 1-Jan-02 31-Dec-02 RSP 2
00002959700 Insurance Company of the Bahamas 1-Jan-02 31-Dec-02 RSP 2
00002959800 Insurance Company of the Bahamas 1-Jan-02 31-Dec-02 RSP 2
00002959900 Insurance Company of the Bahamas 1-Jan-02 31-Dec-02 RSP 2
00002960000 Insurance Company of the Bahamas 1-Jan-02 31-Dec-02 RSP 2
00002960300 National Insurance Company 1-Jan-02 31-Dec-02 RSP 2
00002961300 National Insurance Company 1-Jan-02 31-Dec-02 RSP
00003349800 Compania de Seguros Ganadera 1-Jan-02 31-Dec-02 RSP 2
00003482500 Royal & Sunalliance Chile Seguros SA 1-Jan-02 31-Dec-02 RSP 2
00003482600 Royal & Sunalliance Chile Seguros SA 1-Jan-02 31-Dec-02 RSP 2
00003482600 Royal & Sunalliance Chile Seguros SA 1-Jan-02 31-Dec-02 RSP 2
00003492500 Compania Nacional De Seg.S.A.Panama 1-Jan-02 31-Dec-02 RSP 2
00003503500 West Indies Alliance Insurance Co. 1-Jan-02 31-Dec-02 RSP 2
00003503900 West Indies Alliance Insurance Co. 1-Jan-02 31-Dec-02 SREDL 2
00003511900 Royal & SunAlliance Ins (PR) 1-Jan-02 31-Dec-02 RSP 2
00003518400 National Insurance Company 1-Jan-02 31-Dec-02 RSP 2
00003518500 National Insurance Company 1-Jan-02 31-Dec-02 RSP 2
00003520700 Seguros Colmena 1-Jan-02 31-Dec-02 RSP 2
00003553500 Royal & SunAlliance Ins (PR) 1-Jan-02 31-Dec-02 RSP 2
00003553700 Royal & SunAlliance Ins (PR) 1-Jan-02 31-Dec-02 RSP 2
00003553800 Royal & SunAlliance Ins (PR) 1-Jan-02 31-Dec-02 RSP 2
00003790500 Seguros Sucre, S.A. 1-Jan-02 31-Dec-02 RSP 2
00003949400 General Accident Insurance Company, Jamaica 1-Jan-02 31-Dec-02 SREDL 2
00003950200 General Accident Insurance Company, Jamaica 1-Jan-02 31-Dec-02 SREDL 2
00003950300 General Accident Insurance Company, Jamaica 1-Jan-02 31-Dec-02 SREDL 2
00003950400 General Accident Insurance Company, Jamaica 1-Jan-02 31-Dec-02 SREDL 2
00003950500 General Accident Insurance Company, Jamaica 1-Jan-02 31-Dec-02 SREDL 2
00003966600 Compania Nacional De Seg.S.A.Panama 1-Jan-02 31-Dec-02 RSP 2
A-3-13
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003977500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003977900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003978000 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003978100 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003982300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003984400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003984500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003985300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003985500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003989300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003989400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003989500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003989600 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003990200 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003990300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003990400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003990600 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003990700 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003990800 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003990900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003991800 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003991900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003992700 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003992800 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003992900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003993000 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
TN961750000 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
TN961750300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
TN961750400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
TN961750500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
TN970997400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
TN971000400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003977500 Seguridad, Compania Anonima De Seguros 1-Jan-02 31-Dec-02 RSP 2
00003977900 Seguridad, Compania Anonima De Seguros 1-Jan-02 31-Dec-02 RSP
00003978000 Seguridad, Compania Anonima De Seguros 1-Jan-02 31-Dec-02 RSP
00003978100 Seguridad, Compania Anonima De Seguros 1-Jan-02 31-Dec-02 RSP
00003982300 Seguros Triple-S Inc 1-Jan-02 31-Dec-02 RSP
00003984400 West Indies Alliance Insurance Co. 1-Jan-02 31-Dec-02 RSP
00003984500 West Indies Alliance Insurance Co. 1-Jan-02 31-Dec-02 RSP
00003985300 Union Y Desarrollo, S.A. 1-Jan-02 31-Dec-02 RSP
00003985500 Union Y Desarrollo, S.A. 1-Jan-02 31-Dec-02 RSP
00003989300 Mapfre Seguros Columbia 1-Jan-02 31-Dec-02 RSP
00003989400 Mapfre Seguros Columbia 1-Jan-02 31-Dec-02 RSP
00003989500 Mapfre Seguros Columbia 1-Jan-02 31-Dec-02 RSP
00003989600 Mapfre Seguros Columbia 1-Jan-02 31-Dec-02 RSP
00003990200 Compania de Seguros Ganadera 1-Jan-02 31-Dec-02 RSP
00003990300 Compania de Seguros Ganadera 1-Jan-02 31-Dec-02 RSP
00003990400 Compania de Seguros Ganadera 1-Jan-02 31-Dec-02 RSP
00003990600 Seguros Tepeyac, S.A. 1-Jan-02 31-Dec-02 RSP
00003990700 Seguros Tepeyac, S.A. 1-Jan-02 31-Dec-02 RSP
00003990800 Seguros Tepeyac, S.A. 1-Jan-02 31-Dec-02 RSP
00003990900 Seguros Tepeyac, S.A. 1-Jan-02 31-Dec-02 RSP
00003991800 Royal & Sunalliance Chile Seguros SA 1-Jan-02 31-Dec-02 RSP
00003991900 Royal & Sunalliance Chile Seguros SA 1-Jan-02 31-Dec-02 RSP
00003992700 Seguros Colmena 1-Jan-02 31-Dec-02 RSP
00003992800 Seguros Colmena 1-Jan-02 31-Dec-02 RSP
00003992900 Seguros Colmena 1-Jan-02 31-Dec-02 RSP
00003993000 Seguros Colmena 1-Jan-02 31-Dec-02 RSP
TN961750000 Universal Insurance Co (PR) 1-Jul-02 30-Jun-03 RSP
TN961750300 Universal Insurance Co (PR) 1-Jul-02 30-Jun-03 RSP
TN961750400 Universal Insurance Co (PR) 1-Jul-02 30-Jun-03 RSP
TN961750500 Universal Insurance Co (PR) 1-Jul-02 30-Jun-03 RSP
TN970997400 Seguros Triple-S Inc 1-Jan-02 31-Dec-02 RSP
TN971000400 Seguros Triple-S Inc 1-Jan-02 31-Dec-02 RSP
A-3-14
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003525800 2002 Property Cat XL 1st.Layer 0091 Intl Ppty Tty X/S Cat
00003525900 2002 Property Cat XL 2nd Layer 0091 Intl Ppty Tty X/S Cat
00003526000 2002 Property Cat XL 3rd Layer 0091 Intl Ppty Tty X/S Cat
00004000000 2002 Property Cat. XOL - 4th layer 0091 Intl Ppty Tty X/S Cat
00003995700 2002 Property Clash Cover XL 0091 Intl Ppty Tty X/S Cat
00003595900 2002 Property Clash XL 0091 Intl Ppty Tty X/S Cat
00003595900 2002 Property Clash XL 0091 Intl Ppty Tty X/S Cat
00004000400 2002 Property Event XOL - 4th layer 0091 Intl Ppty Tty X/S Cat
00004000500 2002 Property Event XOL - 5th layer 0091 Intl Ppty Tty X/S Cat
00003969500 2002 Property Per Risk XL 0091 Intl Ppty Tty X/S Cat
00004000300 2002 Property Risk & Event XOL-3rd 0091 Intl Ppty Tty X/S Cat
00003523700 2002 Property Risk/Event XL 0091 Intl Ppty Tty X/S Cat
00003025500 2002 Property XL 0091 Intl Ppty Tty X/S Cat
00003504200 2002 RPP 0091 Intl Ppty Tty X/S Cat
00000903500 2002 RPP XL 0091 Intl Ppty Tty X/S Cat
00003990000 2002 Shortfall Cat XL 0091 Intl Ppty Tty X/S Cat
TN971013300 2002 Tent Plan XL 0091 Intl Ppty Tty X/S Cat
TN971013600 2002 Tent Plan XL 0091 Intl Ppty Tty X/S Cat
00004105100 2002 USVI Cat XL 0091 Intl Ppty Tty X/S Cat
00004105200 2002 USVI Cat XL 0091 Intl Ppty Tty X/S Cat
00004105300 2002 USVI Cat XL 0091 Intl Ppty Tty X/S Cat
00002510400 2002 W/F Prop CAT 1st XL 0091 Intl Ppty Tty X/S Cat
00002510600 2002 W/F Prop CAT 2nd XL 0091 Intl Ppty Tty X/S Cat
00002510700 2002 W/F Prop CAT 3rd XL 0091 Intl Ppty Tty X/S Cat
00002510800 2002 W/F Prop CAT 4th XL 0091 Intl Ppty Tty X/S Cat
00002516100 2002 W/F Prop Cat 5th X/L 0091 Intl Ppty Tty X/S Cat
00003848600 2002 1L Risk XL on Russian Prim Pty 0090 Intl Ppty Tty X/S Risk
00003975900 2002 1L Rsk XL on Russian Prim Pty 0090 Intl Ppty Tty X/S Risk
00004001800 2002 2L Risk XL on Russian Prim Pty 0090 Intl Ppty Tty X/S Risk
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003525800 State Insurance Institute 1-Jan-02 31-Dec-02 DMD 2
00003525900 State Insurance Institute 1-Jan-02 31-Dec-02 DMD 2
00003526000 State Insurance Institute 1-Jan-02 31-Dec-02 DMD 2
00004000000 South China Ins Co 1-Jan-02 31-Dec-02 EYM
00003995700 Seguros Triple-S Inc 1-Jan-02 31-Dec-02 RSP
00003595900 Royal & Sunalliance Chile Seguros SA 1-Feb-02 31-Jan-03 RSP 2
00003595900 Royal & Sunalliance Chile Seguros SA 1-Feb-02 31-Jan-03 RSP 2
00004000400 Taian Ins Co Ltd 1-Jan-02 31-Dec-02 EYM
00004000500 Taian Ins Co Ltd 1-Jan-02 31-Dec-02 EYM
00003969500 Royal & SunAlliance USA, Inc. 1-Jan-02 31-Dec-02 RSP 2
00004000300 Taian Ins Co Ltd 1-Jan-02 31-Dec-02 EYM
00003523700 Lithuanian State Insurance Company 1-Jan-02 31-Dec-02 DMD 2
00003025500 Lithuanian State Insurance Company 1-Jan-02 31-Dec-02 DMD 2
00003504200 West Indies Alliance Insurance Co. 1-Jan-02 31-Dec-02 RSP 2
00000903500 Cooperativa Seguros Multi PR 1-Apr-02 31-Mar-03 RSP 2
00003990000 Seguros Triple-S Inc 1-Jan-02 31-Dec-02 RSP
TN971013300 Grupo Nacional Provincial S.A. 1-Jun-02 31-May-03 RSP
TN971013600 Grupo Nacional Provincial S.A. 1-Jun-02 31-May-03 RSP
00004105100 Island Heritage Insurance Company Ltd. 1-Jul-02 1-Apr-03 RSP
00004105200 Island Heritage Insurance Company Ltd. 1-Jul-02 1-Apr-03 RSP
00004105300 Island Heritage Insurance Company Ltd. 1-Jul-02 1-Apr-03 RSP
The Fuji Fire & Marine Insurance Company,
00002510400 Limited 1-Apr-02 31-Mar-03 DMK 2
The Fuji Fire & Marine Insurance Company,
00002510600 Limited 1-Apr-02 31-Mar-03 DMK 2
The Fuji Fire & Marine Insurance Company,
00002510700 Limited 1-Apr-02 31-Mar-03 DMK 2
The Fuji Fire & Marine Insurance Company,
00002510800 Limited 1-Apr-02 31-Mar-03 DMK 2
The Fuji Fire & Marine Insurance Company,
00002516100 Limited 1-Apr-02 31-Mar-03 DMK 2
00003848600 Ingosstrakh 1-Jan-02 31-Dec-02 DMD 2
00003975900 ROS NO 1-Jan-02 31-Dec-02 LYM 2
00004001800 Ingosstrakh 1-Jan-02 31-Dec-02 LYM
A-3-15
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003976000 2002 2L Rsk XL on Russian Prim Pty 0090 Intl Ppty Tty X/S Risk
00002974500 2002 2L Rsk XL on WW Fac Pty 0090 Intl Ppty Tty X/S Risk
00003849000 2002 3L Risk XL on Russian Prim Pty 0090 Intl Ppty Tty X/S Risk
00003997800 2002 3L Rsk XL on WW ex/USA Fac Pty 0090 Intl Ppty Tty X/S Risk
00002974700 2002 3L Rsk XL on WW Fac Pty 0090 Intl Ppty Tty X/S Risk
00003490000 2002 Back-Up Per-Risk CAT XL 0090 Intl Ppty Tty X/S Risk
00003545700 2002 Bahamas (Fire Only) Risk XL 0090 Intl Ppty Tty X/S Risk
00003973100 2002 Bahamas (Fire Only) Risk XL 0090 Intl Ppty Tty X/S Risk
00002372600 2002 Dom. Ouvr. & Decennale XL 0090 Intl Ppty Tty X/S Risk
00002347000 2002 Fire Per Risk XL 0090 Intl Ppty Tty X/S Risk
00002347100 2002 Fire Per Risk XL 0090 Intl Ppty Tty X/S Risk
00003976900 2002 Fire Per Risk XL 0090 Intl Ppty Tty X/S Risk
00003994500 2002 Fire Per Risk XL 0090 Intl Ppty Tty X/S Risk
00003994600 2002 Fire Per Risk XL 0090 Intl Ppty Tty X/S Risk
00003994700 2002 Fire Per Risk XL 0090 Intl Ppty Tty X/S Risk
00004049300 2002 Fire Per Risk XL 0090 Intl Ppty Tty X/S Risk
00004049400 2002 Fire Per Risk XL 0090 Intl Ppty Tty X/S Risk
00004049500 2002 Fire Per Risk XL 0090 Intl Ppty Tty X/S Risk
00002373100 2002 Fire Risk XL 0090 Intl Ppty Tty X/S Risk
00003972900 2002 Fire Risk XL 0090 Intl Ppty Tty X/S Risk
00003993600 2002 Fire Risk XL 0090 Intl Ppty Tty X/S Risk
00003993700 2002 Fire Risk XL 0090 Intl Ppty Tty X/S Risk
00003993800 2002 Fire Risk XL 0090 Intl Ppty Tty X/S Risk
00003155300 2002 Long Term Fire Risk -3rd layer 0090 Intl Ppty Tty X/S Risk
00003666800 2002 Long Term Fire Risk XOL-2nd 0090 Intl Ppty Tty X/S Risk
TN961787100 2002 Property Per Risk 0090 Intl Ppty Tty X/S Risk
00003619200 2002 Property Risk X/L 0090 Intl Ppty Tty X/S Risk
00003490100 2002 Property Risk XL 0090 Intl Ppty Tty X/S Risk
00003490200 2002 Property Risk XL 0090 Intl Ppty Tty X/S Risk
00003884700 2002 Property Risk XOL-2nd layer 0090 Intl Ppty Tty X/S Risk
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003976000 ROS NO 1-Jan-02 31-Dec-02 LYM 2
00002974500 Mutuelle Centrale de Reassurance 1-Jan-02 31-Dec-02 LYM 2
00003849000 Ingosstrakh 1-Jan-02 31-Dec-02 DMD 2
00003997800 Alea Group Holdings AG 1-Jan-02 31-Dec-02 LYM
00002974700 Mutuelle Centrale de Reassurance 1-Jan-02 31-Dec-02 LYM 2
00003490000 Royal & SunAlliance Ins (PR) 1-Jan-02 31-Dec-02 RSP 2
00003545700 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00003973100 United Insurance Company Limited 1-Jan-02 31-Dec-02 RSP 2
00002372600 SCOR Group 1-Jan-02 31-Dec-02 LYM 2
Barbados Fire & Commercial Insurance Co.,
00002347000 Ltd. 1-Jan-02 31-Dec-02 RSP 2
Barbados Fire & Commercial Insurance Co.,
00002347100 Ltd. 1-Jan-02 31-Dec-02 RSP 2
Barbados Fire & Commercial Insurance Co.,
00003976900 Ltd. 1-Jan-02 31-Dec-02 RSP 2
00003994500 Internacional de Seguros, El Salvador 1-Jan-02 31-Dec-02 RSP
00003994600 Internacional de Seguros, El Salvador 1-Jan-02 31-Dec-02 RSP
00003994700 Internacional de Seguros, El Salvador 1-Jan-02 31-Dec-02 RSP
00004049300 Aseguradora Mundial, S.A. 1-Apr-02 31-Mar-03 RSP
00004049400 Aseguradora Mundial, S.A. 1-Apr-02 31-Mar-03 RSP
00004049500 Aseguradora Mundial, S.A. 1-Apr-02 31-Mar-03 RSP
00002373100 National General Insurance Corporation 1-Jan-02 31-Dec-02 RSP 2
00003972900 National General Insurance Corporation 1-Jan-02 31-Dec-02 RSP 2
00003993600 Summit Insurance Co. Ltd. 1-Jan-02 31-Dec-02 RSP
00003993700 Summit Insurance Co. Ltd. 1-Jan-02 31-Dec-02 RSP
00003993800 Summit Insurance Co. Ltd. 1-Jan-02 31-Dec-02 RSP
00003155300 Korean Reinsurance Company 1-Apr-02 31-Mar-03 EYM 2
00003666800 Korean Reinsurance Company 1-Apr-02 31-Mar-03 EYM 2
TN961787100 INTEGRAND Assurance Company 1-Apr-02 31-Mar-03 RSP
The Nisshin Fire & Marine Insurance Co.,
00003619200 Ltd. 1-Apr-02 31-Mar-03 DMK 2
00003490100 Royal & SunAlliance Ins (PR) 1-Jan-02 31-Dec-02 RSP 2
00003490200 Royal & SunAlliance Ins (PR) 1-Jan-02 31-Dec-02 RSP 2
00003884700 South China Ins Co 1-Jan-02 31-Dec-02 EYM 2
A-3-16
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003972700 2002 S/Fall Risk XL 0090 Intl Ppty Tty X/S Risk
00003391200 2002 Umbrella Quota Share 0130 NA Cas Tty P/R
00003442300 2002 Umbrella Quota Share 0130 NA Cas Tty P/R
00003238600 2002 Sec B) 5 x 5 <10 D&O 0130 NA Cas Tty P/R
00003238700 2002 Sec C) 5 x 5 <10 All Other Pro 0130 NA Cas Tty P/R
00003238800 2002 Sec D) 10 x 10 All XS Prof 0130 NA Cas Tty P/R
00003429400 2002 Sec E) 2 x 3 0130 NA Cas Tty P/R
00003238500 2002 Sec. A) D&O 3 x 2 0130 NA Cas Tty P/R
00002300800 2002 Umbrella QS 0130 NA Cas Tty P/R
00003411900 2002 Prof. Liab. 3rd 0130 NA Cas Tty P/R
00002551200 2002 Umb Occurrence Program 0130 NA Cas Tty P/R
00003382100 2002 Var. Q.S. - 1st $50M 0130 NA Cas Tty P/R
00001003100 2002 TOPRISK-Cas. 0130 NA Cas Tty P/R
TC950570400 2002 LAYERED CASUALTY Q.S. 0130 NA Cas Tty P/R
00003595700 2002 Umbrella Quota Share 0130 NA Cas Tty P/R
00004100200 2002 CHUG prof. Liab 0130 NA Cas Tty P/R
00002383900 2002 Umbrella Quota Share 0130 NA Cas Tty P/R
00003243900 2002 1st Casualty XS 0130 NA Cas Tty P/R
00001119801 2002 High Excess Quota Share 0130 NA Cas Tty P/R
TC961396901 2002 Lead Casualty Quota Share 0130 NA Cas Tty P/R
00003705500 2002 Second Umbrella XOL 0130 NA Cas Tty P/R
TC950166700 2002 E&O Q/S 0136 NA Cas Tty P/R LPIC
00003474100 2002 2nd Cat Excess One Year 0140 NA Cas Tty X/S
TP920211300 2002 2nd Prop Cat/ 3 year 0140 NA Cas Tty X/S
00003474200 2002 3rd Cat Excess One Year 0140 NA Cas Tty X/S
TP940428700 2002 3rd Prop Cat/ 3 year 0140 NA Cas Tty X/S
00003474000 2002 First Cat Excess One Year 0140 NA Cas Tty X/S
TP930327200 2002 First PropCat/3 year 0140 NA Cas Tty X/S
00003390900 2002 1st Casualty Excess of Loss 0140 NA Cas Tty X/S
00003391000 2002 2nd Casualty Excess of Loss 0140 NA Cas Tty X/S
00003790600 2002 APEX-Multi Line Excess of Loss 0140 NA Cas Tty X/S
00004087100 2002 2nd Agg. 0140 NA Cas Tty X/S
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003972700 Seguros Triple-S Inc 1-Jan-02 31-Dec-02 RSP 2
00003391200 Agway Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00003442300 German Mutual Ins Co (OH) 1-Jan-02 31-Dec-02 SSCHU 2
00003238600 W.R. Berkley Group 1-Jan-02 31-Dec-02 JYULG 2
00003238700 W.R. Berkley Group 1-Jan-02 31-Dec-02 JYULG 2
00003238800 W.R. Berkley Group 1-Jan-02 31-Dec-02 JYULG 2
00003429400 W.R. Berkley Group 1-Jan-02 31-Dec-02 JYULG 2
00003238500 W.R. Berkley Group 1-Jan-02 31-Dec-02 JYULG 2
00002300800 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU 2
00003411900 XL Insurance Ltd 1-Jan-02 31-Dec-02 JYULG 2
00002551200 XL Insurance Ltd 1-Jan-02 31-Dec-02 JYULG 2
00003382100 XL Insurance Ltd 1-Jan-02 31-Dec-02 JYULG 2
00001003100 Zurich American Ins Co of IL 1-Jan-02 31-Dec-02 JBEND 2
TC950570400 NLC Mutual Insurance Co 1-Apr-02 31-Mar-03 JBEND
00003595700 Illinois Casualty Company 1-Apr-02 31-Mar-03 THEIN 2
00004100200 Old Republic Insurance Co 1-Apr-02 31-Mar-03 ASARI
00002383900 Zurich American Ins Co of IL 1-Apr-02 31-Mar-03 JBEND 2
00003243900 ACE Limted 15-Apr-02 14-Apr-03 BENKO 2
00001119801 ACE Limted 15-Apr-02 14-Apr-03 BENKO 2
TC961396901 ACE Limted 15-Apr-02 14-Apr-03 BENKO
00003705500 ACE Limted 15-Apr-02 14-Apr-03 BENKO 2
TC950166700 Lawyers' Professional Indemnity 1-Jan-02 31-Dec-02 MSMIL
00003474100 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI 2
TP920211300 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
00003474200 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI 2
TP940428700 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
00003474000 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI 2
TP930327200 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
00003390900 Agway Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00003391000 Agway Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00003790600 American Safety Casualty Insurance Co. 1-Jan-02 31-Dec-02 KFRY 2
Associated Electric & Gas Insurance Services
00004087100 Limited (AEGIS) 1-Jan-02 31-Dec-02 MSMIL
A-3-17
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003812500 2002 General Commercial Auto XOL 0140 NA Cas Tty X/S
00003481300 2002 1st Workers Comp XOL 0140 NA Cas Tty X/S
00003794400 2002 2nd Workers Comp XOL 0140 NA Cas Tty X/S
00003970400 2002 3rd Workers Comp XOL 0140 NA Cas Tty X/S
00003842500 2002 Combination Excess of Loss 0140 NA Cas Tty X/S
00003883000 2002 2nd Casualty Excess of Loss 0140 NA Cas Tty X/S
00003442200 2002 1st Multi Line XOL 0140 NA Cas Tty X/S
00003470900 2002 1st Multiline Excess 0140 NA Cas Tty X/S
00003471000 2002 2nd Multiline Excess 0140 NA Cas Tty X/S
00003568700 2002 1ST Agg. Excess 0140 NA Cas Tty X/S
00003568800 2002 2nd Agg. Excess 0140 NA Cas Tty X/S
00003936000 2002 1st WC 0140 NA Cas Tty X/S
00003355500 2002 1st Casualty Per Occurrence XO 0140 NA Cas Tty X/S
00003546900 2002 2nd Casualty Per occurrence XO 0140 NA Cas Tty X/S
00003547000 2002 3rd Casuatly per Occurrence XO 0140 NA Cas Tty X/S
TC970054000 2002 First Casualty xol 0140 NA Cas Tty X/S
00003831800 2002 Combination Excess of Loss 0140 NA Cas Tty X/S
00002930100 2002 Underlying Casualty XOL 0140 NA Cas Tty X/S
00003470700 2002 Workers Compensation XOL 0140 NA Cas Tty X/S
00003488200 2002 United Educators Umb/XS 0140 NA Cas Tty X/S
00004034200 2002 7 CL WC 0140 NA Cas Tty X/S
00004015200 2002 1st Auto Aggregate XOL 0140 NA Cas Tty X/S
00002300600 2002 1st Multi-Line XOL 0140 NA Cas Tty X/S
00002300700 2002 2nd Multi-Line XOL 0140 NA Cas Tty X/S
00002360100 2002 3rd Casualty XOL 0140 NA Cas Tty X/S
00003411000 2002 Prof. Liab 2nd 0140 NA Cas Tty X/S
00003188700 2002 Prof. Liab. 1st 0140 NA Cas Tty X/S
00003817600 2002 TRAX - 1st Cas XOL 0140 NA Cas Tty X/S
00002341900 2002 TRAX - 2nd Cas XOL 0140 NA Cas Tty X/S
00002328800 2002 NCI - 1st Casualty XOL 0140 NA Cas Tty X/S
TP000358100 2002 1st Prop Per Risk "XH" 0140 NA Cas Tty X/S
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003812500 Capital City Insurance Company, Inc. 1-Jan-02 31-Dec-02 THEIN 2
00003481300 Cumberland Mutual Fire Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003794400 Cumberland Mutual Fire Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003970400 Cumberland Mutual Fire Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003842500 Farmers and Merchants Mut Fire 1-Jan-02 31-Dec-02 THEIN 2
00003883000 General Fire & Casualty Company 1-Jan-02 31-Dec-02 THEIN 2
00003442200 German Mutual Ins Co (OH) 1-Jan-02 31-Dec-02 SSCHU 2
00003470900 Illinois Casualty Company 1-Jan-02 31-Dec-02 THEIN 2
00003471000 Illinois Casualty Company 1-Jan-02 31-Dec-02 THEIN 2
00003568700 Lawyers Professional Indemnity Company 1-Jan-02 31-Dec-02 MSMIL 2
00003568800 Lawyers Professional Indemnity Company 1-Jan-02 31-Dec-02 MSMIL 2
00003936000 Louisiana Workers' Comp Corp 1-Jan-02 31-Dec-02 MSMIL 2
00003355500 National Grange Mutual Ins 1-Jan-02 31-Dec-02 JBEND 2
00003546900 National Grange Mutual Ins 1-Jan-02 31-Dec-02 JBEND 2
00003547000 National Grange Mutual Ins 1-Jan-02 31-Dec-02 JBEND 2
TC970054000 Nationwide Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL
00003831800 Northern Mutual Ins Co (MI) 1-Jan-02 31-Dec-02 THEIN 2
00002930100 Pennsylvania Mfrs Assn Ins 1-Jan-02 31-Dec-02 TKELL 2
00003470700 Realm National Insurance Company 1-Jan-02 31-Dec-02 JBEND 2
00003488200 United Educators Ins a RRRG 1-Jan-02 31-Dec-02 TKELL 2
00004034200 Utica National Ins Co of Texas 1-Jan-02 31-Dec-02 MSMIL
00004015200 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU
00002300600 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU 2
00002300700 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU 2
00002360100 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU 2
00003411000 XL Insurance Ltd 1-Jan-02 31-Dec-02 JYULG 2
00003188700 XL Insurance Ltd 1-Jan-02 31-Dec-02 JYULG 2
00003817600 National Interstate Ins Co 1-Feb-02 31-Jan-03 THEIN 2
00002341900 National Interstate Ins Co 1-Feb-02 31-Jan-03 THEIN 2
00002328800 Zurich American Ins Co of IL 1-Mar-02 28-Feb-03 THEIN 2
TP000358100 Crum and Forster Ins Co 2-Mar-02 1-May-03 JRODD
A-3-18
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003609900 2002 1st PPA Liability XOL 0140 NA Cas Tty X/S
00003191900 2002 1st layer 0140 NA Cas Tty X/S
00002830200 2002 Traditional Trucking XOL 0140 NA Cas Tty X/S
00003408700 2002 Trucking Clash & Basket XOL 0140 NA Cas Tty X/S
00003408600 2002 Voyager Trucking XOL 0140 NA Cas Tty X/S
00003117200 2002 CHUG Prof Liab Prog 0140 NA Cas Tty X/S
00003191800 2002 CHUG Prof Liab Prog 2 0140 NA Cas Tty X/S
00003741800 2002 M/L HO & Auto Per Risk 0140 NA Cas Tty X/S
00003764900 2002 4th Excess of Loss 0140 NA Cas Tty X/S
TC853834900 2002 2 WC CL 0147 NA Cas Tty X/S Clash
TC890097300 2002 3 WC CL 0147 NA Cas Tty X/S Clash
00003925600 2002 3 CL 0147 NA Cas Tty X/S Clash
00004055200 2002 5 CL WC 0147 NA Cas Tty X/S Clash
00003391100 2002 3rd Casualty Clash 0147 NA Cas Tty X/S Clash
00004016800 2002 4 WC 0147 NA Cas Tty X/S Clash
00004016900 2002 5 WC 0147 NA Cas Tty X/S Clash
00000774100 2002 1st Cont XOL(formerly 2nd/4th) 0147 NA Cas Tty X/S Clash
00003892800 2002 1 CL 0147 NA Cas Tty X/S Clash
M0000082600 2002 3 CL 0147 NA Cas Tty X/S Clash
M0000215300 2002 4 CL 0147 NA Cas Tty X/S Clash
M0000451700 2002 5 CL 0147 NA Cas Tty X/S Clash
00003789800 2002 2nd Casualty Clash 0147 NA Cas Tty X/S Clash
M0000113200 2002 1 WC CL 0147 NA Cas Tty X/S Clash
00003839500 2002 2 CL WC 0147 NA Cas Tty X/S Clash
00003473800 2002 1 CL 0147 NA Cas Tty X/S Clash
TC951734300 2002 2 CL 0147 NA Cas Tty X/S Clash
00003806100 2002 2nd Casualty Clash 0147 NA Cas Tty X/S Clash
00003018100 2002 2 CL WC 0147 NA Cas Tty X/S Clash
M0000046100 2002 3 CL WC 0147 NA Cas Tty X/S Clash
M0000260700 2002 4 CL WC 0147 NA Cas Tty X/S Clash
M0000274300 2002 1 WC 0147 NA Cas Tty X/S Clash
00003455900 2002 2nd Casualty Clash 0147 NA Cas Tty X/S Clash
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003609900 Cornerstone National Insurance Company, MO 1-Apr-02 31-Mar-03 KFRY 2
00003191900 Design Professionals Ins Co 1-Apr-02 31-Mar-03 ASARI 2
00002830200 National Interstate Ins Co 1-Apr-02 31-Mar-03 THEIN 2
00003408700 National Interstate Ins Co 1-Apr-02 31-Mar-03 THEIN 2
00003408600 National Interstate Ins Co 1-Apr-02 31-Mar-03 THEIN 2
00003117200 Old Republic Insurance Co 1-Apr-02 31-Mar-03 ASARI 2
00003191800 Old Republic Insurance Co 2-Apr-02 1-Apr-03 ASARI 2
00003741800 Fidelity National Insurance Company 1-May-02 30-Apr-03 JRODD 2
00003764900 Security National Insurance Company 1-May-02 30-Apr-03 BENKO 2
TC853834900 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL
TC890097300 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL
00003925600 Founders Insurance Company 1-Jan-02 31-Dec-02 MSMIL 2
00004055200 ACUITY A Mutual Insurance Co 1-Jan-02 31-Dec-02 MSMIL
00003391100 Agway Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00004016800 Alaska National Insurance Co 1-Jan-02 31-Dec-02 MSMIL
00004016900 Alaska National Insurance Co 1-Jan-02 31-Dec-02 MSMIL
00000774100 American Family Mutual Ins Co 1-Jan-02 31-Dec-02 KFRY 2
00003892800 Arbella Mutual Insurance Co 1-Jan-02 31-Dec-02 MSMIL 2
M0000082600 Canal Insurance Company 1-Jan-02 31-Dec-02 MSMIL
M0000215300 Canal Insurance Company 1-Jan-02 31-Dec-02 MSMIL
M0000451700 Canal Insurance Company 1-Jan-02 31-Dec-02 MSMIL
00003789800 Center Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY
M0000113200 Central Mutual Insurance Co 1-Jan-02 31-Dec-02 MSMIL
00003839500 Central Mutual Insurance Co 1-Jan-02 31-Dec-02 MSMIL 2
00003473800 Colonial Penn Insurance Co 1-Jan-02 31-Dec-02 MSMIL 2
TC951734300 Colonial Penn Insurance Co 1-Jan-02 31-Dec-02 MSMIL
00003806100 Cumberland Mutual Fire Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003018100 Donegal Mutual Insurance Co 1-Jan-02 31-Dec-02 MSMIL 2
M0000046100 Donegal Mutual Insurance Co 1-Jan-02 31-Dec-02 MSMIL
M0000260700 Donegal Mutual Insurance Co 1-Jan-02 31-Dec-02 MSMIL
M0000274300 Electric Insurance Company 1-Jan-02 31-Dec-02 MSMIL
00003455900 Empire Fire & Marine Ins Co 1-Jan-02 31-Dec-02 JGEAR 2
A-3-19
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003456800 2002 3 CL WC 0147 NA Cas Tty X/S Clash
00003457100 2002 4 CL WC 0147 NA Cas Tty X/S Clash
00003839100 2002 1 WC 0147 NA Cas Tty X/S Clash
00003947700 2002 2 WC 0147 NA Cas Tty X/S Clash
00002950800 2002 2nd Casualty Clash XOL 0147 NA Cas Tty X/S Clash
TC920063800 2002 Contingent & Clash 0147 NA Cas Tty X/S Clash
00001053600 2002 1st Casualty Clash 0147 NA Cas Tty X/S Clash
00001053900 2002 2nd Casualty Clash 0147 NA Cas Tty X/S Clash
00001054000 2002 3rd Casualty Clash 0147 NA Cas Tty X/S Clash
00003471100 2002 3rd Casualty Clash 0147 NA Cas Tty X/S Clash
TC890495900 2002 4th CAS CLASH XOL 0147 NA Cas Tty X/S Clash
00003968200 2002 1st WC 0147 NA Cas Tty X/S Clash
TC000594401 2002 Clash - 1st XL 0147 NA Cas Tty X/S Clash
TC950116701 2002 Clash - 2nd XL 0147 NA Cas Tty X/S Clash
TC950116801 2002 Clash - 3rd XL 0147 NA Cas Tty X/S Clash
TC950117001 2002 Clash - 4th XL 0147 NA Cas Tty X/S Clash
00003936000 2002 1st WC 0147 NA Cas Tty X/S Clash
00003690600 2002 1 CL 0147 NA Cas Tty X/S Clash
00003690700 2002 2 CL 0147 NA Cas Tty X/S Clash
M0000285400 2002 2 CL 0147 NA Cas Tty X/S Clash
00003804100 2002 1st Casualty Clash XOL 0147 NA Cas Tty X/S Clash
00003804200 2002 2nd Casualty Clash XOL 0147 NA Cas Tty X/S Clash
00004042300 2002 2 CL WC 0147 NA Cas Tty X/S Clash
M0000392700 2002 3 CL WC 0147 NA Cas Tty X/S Clash
M0000583300 2002 2 CL WC 0147 NA Cas Tty X/S Clash
M0000583400 2002 3 WC CL 0147 NA Cas Tty X/S Clash
M0000523700 2002 4 WC CL 0147 NA Cas Tty X/S Clash
M0000359900 2002 5 WC CL 0147 NA Cas Tty X/S Clash
00002994000 2002 6 WC CL 0147 NA Cas Tty X/S Clash
TC942033200 2002 3 WC CL 0147 NA Cas Tty X/S Clash
00004065400 2002 3rd WC CL 0147 NA Cas Tty X/S Clash
00004065200 2002 4 CL WC 0147 NA Cas Tty X/S Clash
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003456800 Employers Mutual Casualty Co 1-Jan-02 31-Dec-02 MSMIL 2
00003457100 Employers Mutual Casualty Co 1-Jan-02 31-Dec-02 MSMIL 2
00003839100 Florida Workers' Compensation 1-Jan-02 31-Dec-02 MSMIL 2
00003947700 Florida Workers' Compensation 1-Jan-02 31-Dec-02 MSMIL 2
00002950800 German Mutual Ins Co (OH) 1-Jan-02 31-Dec-02 SSCHU 2
TC920063800 Harco National Insurance Co 1-Jan-02 31-Dec-02 KFRY
00001053600 Horace Mann Insurance Company 1-Jan-02 31-Dec-02 KFRY 2
00001053900 Horace Mann Insurance Company 1-Jan-02 31-Dec-02 KFRY 2
00001054000 Horace Mann Insurance Company 1-Jan-02 31-Dec-02 KFRY 2
00003471100 Illinois Casualty Company 1-Jan-02 31-Dec-02 THEIN 2
TC890495900 Iowa Mutual Insurance Co 1-Jan-02 31-Dec-02 SSCHU
00003968200 Liberty Mutual Insurance Co 1-Jan-02 31-Dec-02 MSMIL 2
TC000594401 Liberty Mutual Insurance Co 1-Jan-02 31-Dec-02 BENKO
TC950116701 Liberty Mutual Insurance Co 1-Jan-02 31-Dec-02 BENKO
TC950116801 Liberty Mutual Insurance Co 1-Jan-02 31-Dec-02 BENKO
TC950117001 Liberty Mutual Insurance Co 1-Jan-02 31-Dec-02 BENKO
00003936000 Louisiana Workers' Comp Corp 1-Jan-02 31-Dec-02 MSMIL 2
00003690600 Lumbermens Undrtg Alliance 1-Jan-02 31-Dec-02 MSMIL 2
00003690700 Lumbermens Undrtg Alliance 1-Jan-02 31-Dec-02 MSMIL 2
M0000285400 Mercer Mutual Insurance Co 1-Jan-02 31-Dec-02 MSMIL
00003804100 Motorists Mutual Ins Co 1-Jan-02 31-Dec-02 KFRY 2
00003804200 Motorists Mutual Ins Co 1-Jan-02 31-Dec-02 KFRY 2
00004042300 Mountain States Mutual Cas 1-Jan-02 31-Dec-02 MSMIL
M0000392700 Mountain States Mutual Cas 1-Jan-02 31-Dec-02 MSMIL
M0000583300 Nationwide Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL
M0000583400 Nationwide Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL
M0000523700 Nationwide Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL
M0000359900 Nationwide Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL
00002994000 Nationwide Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL 2
TC942033200 Norfolk & Dedham Mutual Fire 1-Jan-02 31-Dec-02 MSMIL
00004065400 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 MSMIL
00004065200 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 MSMIL
A-3-20
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
M0000392400 2002 3 CL WC 0147 NA Cas Tty X/S Clash
TC912396600 2002 3 CL WC 0147 NA Cas Tty X/S Clash
M0000492100 2002 4 CL WC 0147 NA Cas Tty X/S Clash
M0000574200 2002 3 WC CL 0147 NA Cas Tty X/S Clash
M0000396900 2002 4WC CL 0147 NA Cas Tty X/S Clash
TC920068300 2002 1 WC 0147 NA Cas Tty X/S Clash
TC922302600 2002 3 CL WC 0147 NA Cas Tty X/S Clash
00004033700 2002 4 CLWC 0147 NA Cas Tty X/S Clash
00000876500 2002 3 WC CL 0147 NA Cas Tty X/S Clash
00003371400 2002 4 WC CL 0147 NA Cas Tty X/S Clash
00003823400 2002 2nd Casualty Clash 0147 NA Cas Tty X/S Clash
TC932338300 2002 3 CL 0147 NA Cas Tty X/S Clash
M0000396200 2002 4 CL 0147 NA Cas Tty X/S Clash
00004004200 2002 5th WC X/S 0147 NA Cas Tty X/S Clash
TC870510300 2002 2 CL WC 0147 NA Cas Tty X/S Clash
TC864077100 2002 3 CL WC 0147 NA Cas Tty X/S Clash
TC890966700 2002 4 CL WC 0147 NA Cas Tty X/S Clash
M0000207800 2002 5 CL WC 0147 NA Cas Tty X/S Clash
00004034100 2002 6 CL WC 0147 NA Cas Tty X/S Clash
00004034200 2002 7 CL WC 0147 NA Cas Tty X/S Clash
M0000333800 2002 3 WC CL 0147 NA Cas Tty X/S Clash
00003786800 2002 4 WC CL 0147 NA Cas Tty X/S Clash
00004003700 2002 2 WC Utah St Fd 0147 NA Cas Tty X/S Clash
00004003800 2002 3 WC Utah St Fd 0147 NA Cas Tty X/S Clash
M0000525600 2002 1ST WC X/S 0147 NA Cas Tty X/S Clash
M0000209200 2002 2ND WC X/S 0147 NA Cas Tty X/S Clash
00003612400 2002 2nd PPA Clash Excess of Loss 0147 NA Cas Tty X/S Clash
00003612500 2002 3rd PPA Clash Excess of Loss 0147 NA Cas Tty X/S Clash
00002468200 2002 2nd PPR & Casualty Clash 0147 NA Cas Tty X/S Clash
00000886800 2002 Longhorn Agcy-Mobilehome Q/S 0010 NA Ppty Tty P/R
00004025300 2002 Loxley Property Quota Share 0010 NA Ppty Tty P/R
00003587000 2002 Property Facultative QS 0010 NA Ppty Tty P/R
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
M0000392400 Penn Millers Insurance Company 1-Jan-02 31-Dec-02 MSMIL
TC912396600 Penn Millers Insurance Company 1-Jan-02 31-Dec-02 MSMIL
M0000492100 Penn Millers Insurance Company 1-Jan-02 31-Dec-02 MSMIL
M0000574200 Pennsylvania Mfrs Assn Ins 1-Jan-02 31-Dec-02 MSMIL
M0000396900 Pennsylvania Mfrs Assn Ins 1-Jan-02 31-Dec-02 MSMIL
TC920068300 Public Service Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL
TC922302600 SECURA Insurance A Mutual Co 1-Jan-02 31-Dec-02 MSMIL
00004033700 SECURA Insurance A Mutual Co 1-Jan-02 31-Dec-02 MSMIL
00000876500 Sentry Insurance a Mutual Co 1-Jan-02 31-Dec-02 MSMIL 2
00003371400 Sentry Insurance a Mutual Co 1-Jan-02 31-Dec-02 MSMIL 2
00003823400 Southern Farm Bureau Casualty 1-Jan-02 31-Dec-02 THEIN 2
TC932338300 TIG Insurance Company 1-Jan-02 31-Dec-02 MSMIL
M0000396200 TIG Insurance Company 1-Jan-02 31-Dec-02 MSMIL
00004004200 TIG Insurance Company 1-Jan-02 31-Dec-02 MSMIL
TC870510300 Utica National Ins Co of Texas 1-Jan-02 31-Dec-02 MSMIL
TC864077100 Utica National Ins Co of Texas 1-Jan-02 31-Dec-02 MSMIL
TC890966700 Utica National Ins Co of Texas 1-Jan-02 31-Dec-02 MSMIL
M0000207800 Utica National Ins Co of Texas 1-Jan-02 31-Dec-02 MSMIL
00004034100 Utica National Ins Co of Texas 1-Jan-02 31-Dec-02 MSMIL
00004034200 Utica National Ins Co of Texas 1-Jan-02 31-Dec-02 MSMIL
M0000333800 West Bend Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL
00003786800 West Bend Mutual Ins Co 1-Jan-02 31-Dec-02 MSMIL
00004003700 Workers Compensation Fund 1-Jan-02 31-Dec-02 MSMIL
00004003800 Workers Compensation Fund 1-Jan-02 31-Dec-02 MSMIL
M0000525600 Yasuda Fire & Marine of Amer 1-Jan-02 31-Dec-02 MSMIL
M0000209200 Yasuda Fire & Marine of Amer 1-Jan-02 31-Dec-02 MSMIL
00003612400 Cornerstone National Insurance Company, MO 1-Apr-02 31-Mar-03 KFRY 2
00003612500 Cornerstone National Insurance Company, MO 1-Apr-02 31-Mar-03 KFRY 2
00002468200 Miami Mutual Insurance Company 1-Apr-02 31-Mar-03 THEIN 2
00000886800 Ranchers & Farmers Mutual Insurance 1-Jan-02 31-Dec-02 SSCHU 2
00004025300 Scottsdale Insurance Company 1-Apr-02 31-Mar-03 DKINN
00003587000 W. R. Berkley Group 1-Apr-02 31-Mar-03 JRODD 2
A-3-21
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003110300 2002 Property Quota Share 0010 NA Ppty Tty P/R
00004155000 2002 6th Property Cat XOL 0031 NA Ppty Tty X/S Cat
00004133200 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
00000224800 2002 3rd Catastrophe 0031 NA Ppty Tty X/S Cat
00004118300 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004118500 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
TP960876800 2002 2nd Catastrophe 0031 NA Ppty Tty X/S Cat
TP931060100 2002 2ND PROPERTY CATASTROPHE XOL 0031 NA Ppty Tty X/S Cat
TP931060300 2002 3RD PROPERTY CATASTROPHE XOL 0031 NA Ppty Tty X/S Cat
TP931060600 2002 4TH PROPERTY CATASTROPHE XOL 0031 NA Ppty Tty X/S Cat
TP950932700 2002 1ST PROPERTY CATASTROPHE XOL 0031 NA Ppty Tty X/S Cat
TP950908400 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
TP950908500 2002 3rd Catastrophe 0031 NA Ppty Tty X/S Cat
00003226900 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003227000 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004103400 2002 First Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003722100 2002 2nd Per Risk 0030 NA Ppty Tty X/S Risk
00000043600 2002 2nd Catastrophe 0031 NA Ppty Tty X/S Cat
00002558800 2002 3rd Catastrophe 0031 NA Ppty Tty X/S Cat
TP950697800 2002 1st Catastrophe 0031 NA Ppty Tty X/S Cat
00004124100 2002 B-6th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004113900 2002 3rd Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
00004088700 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004088800 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004089100 2002 2nd Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
00004089000 2002 1st Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
00000355201 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
00001504300 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003566400 2002 Property Quota Share 0010 NA Ppty Tty P/R
TP912168300 2002 Property Surplus 0010 NA Ppty Tty P/R
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003110300 Houston Casualty Company 1-Jan-02 31-Dec-02 SZILI 2
00004155000 Farmers Mutual of Salem 1-Oct-02 30-Sep-03 KGOLD
00004133200 First American Prop & Cas Ins 1-Aug-02 31-May-03 KGOLD 2
00000224800 General Star Indemnity Co 1-Jul-02 30-Jun-03 KGOLD 2
00004118300 General Star Indemnity Co 1-Jul-02 30-Jun-03 KGOLD 2
00004118500 General Star Indemnity Co 1-Jul-02 30-Jun-03 KGOLD 2
TP960876800 General Star Indemnity Co 1-Jul-02 30-Jun-03 KGOLD 2
TP931060100 Old Republic Insurance Co 1-Jul-02 30-Jun-03 KGOLD 2
TP931060300 Old Republic Insurance Co 1-Jul-02 30-Jun-03 KGOLD 2
TP931060600 Old Republic Insurance Co 1-Jul-02 30-Jun-03 KGOLD 2
TP950932700 Old Republic Insurance Co 1-Jul-02 30-Jun-03 KGOLD 2
TP950908400 Prudential Prop & Cas Ins Co 1-Jul-02 30-Jun-03 KGOLD 2
TP950908500 Prudential Prop & Cas Ins Co 1-Jul-02 30-Jun-03 KGOLD 2
00003226900 Scottsdale Insurance Company 1-Jul-02 30-Jun-03 KGOLD 2
00003227000 Scottsdale Insurance Company 1-Jul-02 30-Jun-03 KGOLD 2
00004103400 Scottsdale Insurance Company 1-Jul-02 30-Jun-03 KGOLD 2
00003722100 Scottsdale Insurance Company 1-Jul-02 30-Jun-03 KGOLD 2
00000043600 Harleysville Ins Co of NJ 1-Jul-02 30-Jun-03 KGOLD 2
00002558800 Harleysville Ins Co of NJ 1-Jul-02 30-Jun-03 KGOLD 2
TP950697800 Harleysville Ins Co of NJ 1-Jul-02 30-Jun-03 KGOLD 2
00004124100 Germania Farm Mutual Ins Assn 1-Jul-02 30-Jun-03 KGOLD 2
00004113900 ACE Limted 1-Jul-02 30-Jun-03 KGOLD 2
00004088700 ACE Limted 25-Jun-02 24-Jun-03 KGOLD 2
00004088800 ACE Limted 25-Jun-02 24-Jun-03 KGOLD 2
00004089100 ACE Limted 25-Jun-02 24-Jun-03 KGOLD 2
00004089000 ACE Limted 24-Jun-02 23-Jun-03 KGOLD 2
00000355201 Companion Prop and Cas Ins Co 1-Jun-02 31-May-03 KGOLD 2
00001504300 Companion Prop and Cas Ins Co 1-Jun-02 31-May-03 KGOLD 2
00003566400 NLC Mutual Insurance Co 1-Apr-02 31-Mar-03 KGOLD 2
TP912168300 First State Insurance Co 1-Jan-02 31-Dec-02 JRODD
A-3-22
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
TP892081900 2002 PROPERTY SURPLUS AGREEMENT 0010 NA Ppty Tty P/R
00003492800 2002 Rural Accounts Program 0010 NA Ppty Tty P/R
TP873227000 2002 US Property Q/S 0010 NA Ppty Tty P/R
TP940705500 2002 US Property Q/S 0010 NA Ppty Tty P/R
00002273900 2002 1st Agg Excess of Loss 0031 NA Ppty Tty X/S Cat
00003975500 2002 1st Agg of Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004006300 2002 1st Aggregate Excess of Loss 0031 NA Ppty Tty X/S Cat
00003971900 2002 1st Aggregate of Cat 0031 NA Ppty Tty X/S Cat
00003022900 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
00003949600 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
00003960300 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961533700 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961562000 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961586800 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961588600 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961589000 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961589800 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961619300 2002 1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
00004015200 2002 1st Auto Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP950085000 2002 1st Canadian Prop Cat 0031 NA Ppty Tty X/S Cat
00002853600 2002 1st Cat 0031 NA Ppty Tty X/S Cat
TP883565000 2002 1st Cat (formerly 2nd) 0031 NA Ppty Tty X/S Cat
M0000293100 2002 1ST Cat 2nd Event 0031 NA Ppty Tty X/S Cat
M0000293100 2002 1ST Cat 2nd Event 0031 NA Ppty Tty X/S Cat
00003437800 2002 1st Cat Excess 0031 NA Ppty Tty X/S Cat
M0000542700 2002 1ST CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000577100 2002 1ST CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000577100 2002 1ST CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000578100 2002 1ST CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000580000 2002 1ST CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000580000 2002 1ST CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000584900 2002 1ST CAT EXCESS 0031 NA Ppty Tty X/S Cat
00003472000 2002 1st Cat Xol 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
TP892081900 Royal Insurance Company of America (USA) 1-Jan-02 31-Dec-02 SZILI
00003492800 Erie Insurance Exchange 1-Jan-02 31-Dec-02 THEIN 2
TP873227000 Commonwealth Insurance Company 1-Jan-02 31-Dec-02 JBARR
TP940705500 Commonwealth Insurance Company 1-Jan-02 31-Dec-02 JBARR
00002273900 Wayne Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK 2
00003975500 Midwest Family Mutual Ins Co 1-Jan-02 31-Dec-02 THEIN 2
00004006300 Farmers Mut Fire Assur of NJ 1-Jan-02 31-Dec-02 KGOLD
00003971900 North Star Mutual Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003022900 Barnstable County Mut Ins Co 1-Jan-02 31-Dec-02 UPARK 2
00003949600 North Country Insurance Co 1-Jan-02 31-Dec-02 KGOLD 2
00003960300 Woodville Mutual Insurance Company 1-Jan-02 1-Jan-03 KGOLD 2
TP961533700 Hurst Home Insurance Co Inc 1-Jan-02 31-Dec-02 UPARK
TP961562000 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 UPARK
TP961586800 Farmers Union Mutual Ins (MT) 1-Jan-02 31-Dec-02 UPARK
TP961588600 Co-Operative Insurance Companies 1-Jan-02 31-Dec-02 UPARK
TP961589000 Farmers Mutual Protective Assoc Of Tx 1-Jan-02 31-Dec-02 KGOLD
TP961589800 Farmers Mut Fire of Salem Cty 1-Jan-02 31-Dec-02 UPARK
TP961619300 Barton County Mutual 1-Jan-02 31-Dec-02 UPARK
00004015200 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU
TP950085000 Commonwealth Insurance Company 1-Jan-02 31-Dec-02 JBARR
00002853600 Liberty Mutual Insurance Co 1-Jan-02 31-Dec-02 JRODD 2
TP883565000 Ohio Casualty Insurance Co 1-Jan-02 31-Dec-02 SZILI
M0000293100 Indiana Farmers Mutual Ins 1-Jan-02 31-Dec-02 JGEAR
M0000293100 Indiana Farmers Mutual Ins 1-Jan-02 31-Dec-02 SSCHU
00003437800 Utica First Insurance Company 1-Jan-02 31-Dec-02 KGOLD 2
M0000542700 FCCI Insurance Company 1-Apr-02 31-Mar-03 SZILI
M0000577100 Crusader Insurance Company 1-Jan-02 31-Dec-02 JGEAR
M0000577100 Crusader Insurance Company 1-Jan-02 31-Dec-02 KFRY
M0000578100 Texas Windstorm Insurance Association 1-Jan-02 31-May-03 JRODD
M0000580000 Reinsurance Assn. Of Minn. 1-Jan-02 31-Dec-02 JGEAR
M0000580000 Reinsurance Assn. Of Minn. 1-Jan-02 31-Dec-02 THEIN
M0000584900 Louisiana Fair & Coastal Plan 1-Jun-02 31-May-03 DKINN
00003472000 ACE Limted 1-Jan-02 31-Dec-02 KGOLD 2
A-3-23
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
M0000576200 2002 1ST CAT XS 0031 NA Ppty Tty X/S Cat
00003010000 2002 1st Cat XS (formerly the 2nd) 0031 NA Ppty Tty X/S Cat
00003010000 2002 1st Cat XS (formerly the 2nd) 0031 NA Ppty Tty X/S Cat
00003082000 2002 1st Catastrophe 0031 NA Ppty Tty X/S Cat
00003976300 2002 1st Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
00003900000 2002 1st Combo Cat / Aggregate XOL 0031 NA Ppty Tty X/S Cat
00003700200 2002 1st Excess Cat (Florida) 0031 NA Ppty Tty X/S Cat
TP961599200 2002 1st Property Aggr XOL 0031 NA Ppty Tty X/S Cat
00003442400 2002 1st Property Cat 0031 NA Ppty Tty X/S Cat
00001122400 2002 1st Property Cat (Canadian) 0031 NA Ppty Tty X/S Cat
TP951820100 2002 1st Property Cat (US) 0031 NA Ppty Tty X/S Cat
00000774300 2002 1st Property Cat Excess 0031 NA Ppty Tty X/S Cat
00000670600 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
00001504300 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
00002227900 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003064500 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP000537500 2002 1st PROPERTY CAT XOL 0031 NA Ppty Tty X/S Cat
TP961471300 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961490400 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961499700 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961500300 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961500800 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961506500 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961523100 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961523200 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961523800 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961533600 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961533900 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961534600 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961540100 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961544600 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961585500 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970248000 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
M0000576200 California Casualty Ins Co 1-Jan-02 31-Dec-02 DKINN
00003010000 Cameron Mutual Insurance Co 1-Jan-02 31-Dec-02 JGEAR 2
00003010000 Cameron Mutual Insurance Co 1-Jan-02 31-Dec-02 SSCHU 2
00003082000 The Wawanesa Mutual Insurance Company 1-Jan-02 31-Dec-02 JRODD 2
00003976300 ACE Limted 1-Jan-02 1-Jan-03 KGOLD 2
00003900000 Farmers Mutual of Tennessee 1-Jan-02 31-Dec-02 THEIN 2
00003700200 Nationwide Insurance Co of FL 1-Jun-02 31-May-03 DKINN 2
TP961599200 Germania Farm Mutual Ins Assn 1-Jan-02 31-Dec-02 UPARK
00003442400 German Mutual Ins Co (OH) 1-Jan-02 31-Dec-02 SSCHU 2
00001122400 Continental Casualty Company 1-Jan-02 31-Dec-02 JRODD 2
TP951820100 Continental Casualty Company 1-Jan-02 31-Dec-02 JRODD
00000774300 Frankenmuth Mutual Ins Co 1-Jan-02 31-Dec-02 KFRY 2
00000670600 Mercer Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00001504300 Companion Prop and Cas Ins Co 1-Jun-02 31-May-03 KGOLD 2
00002227900 Guilderland Reinsurance Co 1-Jan-02 31-Dec-02 UPARK 2
00003064500 Germania Farm Mutual Ins Assn 1-Jan-02 31-Dec-02 UPARK 2
TP000537500 Chubb & Son, Inc. 1-Apr-02 31-Mar-03 SZILI
TP961471300 American Southern Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961490400 Co-Operative Insurance Companies 1-Jan-02 31-Dec-02 UPARK
TP961499700 Cumberland Mutual Fire Ins Co 1-Jan-02 31-Dec-02 KGOLD
Farmers Mutual Fire Association of New
TP961500300 Jersey 1-Jan-02 31-Dec-02 KGOLD
TP961500800 Farmers Mut Fire of Salem Cty 1-Jan-02 31-Dec-02 UPARK
TP961506500 Farmers Mutual Protective Assoc Of Tx 1-Jan-02 31-Dec-02 KGOLD
TP961523100 Farmers Union Mutual Ins (MT) 1-Jan-02 31-Dec-02 UPARK
TP961523200 Fitchburg Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961523800 Franklin Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961533600 Hurst Home Insurance Co Inc 1-Jan-02 31-Dec-02 UPARK
TP961533900 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 UPARK
TP961534600 Lititz Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961540100 Penn Mutual Insurance Company 1-Jan-02 31-Dec-02 KGOLD
TP961544600 Providence Mutual Fire Ins 1-Jan-02 31-Dec-02 SZILI
TP961585500 Wayne Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP970248000 Peninsula Ins Co 1-Apr-02 31-Mar-03 KGOLD
A-3-24
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
TP970387601 2002 1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961600100 2002 1st Property Cat/Aggr XOL 0031 NA Ppty Tty X/S Cat
TP961600100 2002 1st Property Cat/Aggr XOL 0031 NA Ppty Tty X/S Cat
00002943700 2002 1st Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003061800 2002 1st Property Catastrophe 0031 NA Ppty Tty X/S Cat
00000838100 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000773400 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000859900 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002315100 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002342800 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002893900 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002967600 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003141500 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003438700 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003478500 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003790000 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003920000 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003925900 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003940000 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003950700 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003951400 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003956000 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
TP961747800 2002 1st Property Catastrophe XS 0031 NA Ppty Tty X/S Cat
00002274100 2002 2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
00003955000 2002 2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
00003960400 2002 2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
00004072300 2002 2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961533800 2002 2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961545800 2002 2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961587000 2002 2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961589100 2002 2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961619400 2002 2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP960251300 2002 2nd Canadian Prop Cat 0031 NA Ppty Tty X/S Cat
00002853700 2002 2nd Cat 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
TP970387601 Barnstable County Mut Ins Co 1-Jan-02 31-Dec-02 UPARK
TP961600100 Priority One Insurance Company 1-Jan-02 31-Dec-02 KGOLD
TP961600100 Priority One Insurance Company 1-Jan-02 31-Dec-02 UPARK
00002943700 Southern Mutual Church Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003061800 Everett Cash Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI 2
00000838100 Millers First Insurance Companies 1-Jan-02 31-Dec-02 THEIN 2
00000773400 Iowa Mutual Insurance Co 1-Jan-02 31-Dec-02 SSCHU
00000859900 Rockford Mutual Insurance Co 1-Jan-02 31-Dec-02 THEIN 2
00002315100 Columbia National Ins Co . 1-Jan-02 31-Dec-02 UPARK 2
00002342800 Millers Mutual Insurance Company 1-Jan-02 31-Dec-02 KGOLD 2
00002893900 SECURA Insurance A Mutual Co 1-Jan-02 31-Dec-02 KFRY 2
00002967600 Germania Insurance Company 1-Jan-02 31-Dec-02 SSCHU
00003141500 Exchange Insurance Company, TN 1-Jan-02 31-Dec-02 SSCHU 2
00003438700 Austin Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00003478500 Concord General Mutual Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003790000 Center Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00003920000 White Hall Mutual Ins Co 1-Jan-02 31-Dec-02 KGOLD 2
00003925900 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU 2
00003940000 New London County Mutual Ins 1-Jan-02 31-Dec-02 SZILI 2
00003950700 Wisconsin Mutual Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00003951400 Southern Farm Bureau Casualty 1-Jan-02 31-Dec-02 SZILI 2
00003956000 Acadia Insurance Company 1-Jan-02 31-Dec-02 KGOLD 2
TP961747800 Baldwin Mutual Ins. Co. 1-Jan-02 31-Dec-02 UPARK
00002274100 Farmers Mut Fire of Salem Cty 1-Jan-02 31-Dec-02 UPARK 2
00003955000 Allmerica Property & Casualty Insurance 1-Jan-02 31-Dec-02 SZILI 2
00003960400 Woodville Mutual Insurance Company 1-Jan-02 1-Jan-03 KGOLD 2
00004072300 Wayne Mutual Insurance Co 1-Jan-02 31-Dec-02 KGOLD
TP961533800 Hurst Home Insurance Co Inc 1-Jan-02 31-Dec-02 UPARK
TP961545800 Rockingham Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961587000 Farmers Union Mutual Ins (MT) 1-Jan-02 31-Dec-02 UPARK
TP961589100 Farmers Mutual Protective Assoc Of Tx 1-Jan-02 31-Dec-02 UPARK
TP961619400 Barton County Mutual 1-Jan-02 31-Dec-02 UPARK
TP960251300 Commonwealth Insurance Company 1-Jan-02 31-Dec-02 JBARR
00002853700 Liberty Mutual Insurance Co 1-Jan-02 31-Dec-02 JRODD 2
A-3-25
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003955900 2002 2nd Cat 0031 NA Ppty Tty X/S Cat
M0000286300 2002 2nd Cat - US excl Florida 0031 NA Ppty Tty X/S Cat
TP883565100 2002 2nd Cat (formerly 3rd) 0031 NA Ppty Tty X/S Cat
00000714100 2002 2nd Cat Excess 0031 NA Ppty Tty X/S Cat
00003041200 2002 2nd Cat Excess 0031 NA Ppty Tty X/S Cat
00003437900 2002 2nd Cat Excess 0031 NA Ppty Tty X/S Cat
00003448700 2002 2nd Cat Excess 0031 NA Ppty Tty X/S Cat
M0000323200 2002 2ND CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000323200 2002 2ND CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000328500 2002 2ND CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000567300 2002 2ND CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000204300 2002 2nd CAT EXCESS (former 3rd) 0031 NA Ppty Tty X/S Cat
00003474100 2002 2nd Cat Excess One Year 0031 NA Ppty Tty X/S Cat
00003483100 2002 2ND CAT MULTI YEAR 0031 NA Ppty Tty X/S Cat
M0000248600 2002 2nd CAT XS 0031 NA Ppty Tty X/S Cat
M0000248600 2002 2nd CAT XS 0031 NA Ppty Tty X/S Cat
M0000312800 2002 2ND CAT XS 0031 NA Ppty Tty X/S Cat
00003010100 2002 2nd Cat XS (formerly 3rd Cat) 0031 NA Ppty Tty X/S Cat
00003010100 2002 2nd Cat XS (formerly 3rd Cat) 0031 NA Ppty Tty X/S Cat
00002850300 2002 2nd Catastrophe 0031 NA Ppty Tty X/S Cat
00003988000 2002 2nd Catastrophe 0031 NA Ppty Tty X/S Cat
00003976400 2002 2nd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
TP970540700 2002 2nd Catastrophe XL 0031 NA Ppty Tty X/S Cat
00003900100 2002 2nd Combo Cat / Aggregate XOL 0031 NA Ppty Tty X/S Cat
00003620700 2002 2nd Excess Cat 0031 NA Ppty Tty X/S Cat
00003552100 2002 2nd Excess Cat XOL 0031 NA Ppty Tty X/S Cat
TP902743100 2002 2nd Prop & Auto PD Cat 0031 NA Ppty Tty X/S Cat
TP000419900 2002 2nd Prop CAT 0031 NA Ppty Tty X/S Cat
TP932570200 2002 2ND PROP CAT 0031 NA Ppty Tty X/S Cat
00001122500 2002 2nd Prop Cat (Canadian) 0031 NA Ppty Tty X/S Cat
00002267100 2002 2nd Prop Cat (formerly 3rd) 0031 NA Ppty Tty X/S Cat
TP920211300 2002 2nd Prop Cat/ 3 year 0031 NA Ppty Tty X/S Cat
TP853730700 2002 2nd Prop/APD/Greenhouse Cat 0031 NA Ppty Tty X/S Cat
TP961599300 2002 2nd Property Aggr XOL 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003955900 ACE Group 1-Jan-02 31-Dec-02 JRODD 2
M0000286300 Metropolitan Prop & Cas Ins Co 1-Jan-02 31-Dec-02 DKINN
TP883565100 Ohio Casualty Insurance Co 1-Jan-02 31-Dec-02 SZILI
00000714100 Norfolk & Dedham Mutual Fire 1-Jan-02 31-Dec-02 KGOLD 2
00003041200 Texas Windstorm Insurance Association 1-Jan-02 31-May-03 JRODD 2
00003437900 Utica First Insurance Company 1-Jan-02 31-Dec-02 KGOLD 2
00003448700 Quincy Mutual Fire Ins Co 1-Jan-02 31-Dec-02 KGOLD 2
M0000323200 Crusader Insurance Company 1-Jan-02 31-Dec-02 JGEAR
M0000323200 Crusader Insurance Company 1-Jan-02 31-Dec-02 KFRY
M0000328500 SAFECO Ins Co of America 1-Jan-02 31-Dec-02 JRODD
M0000567300 Louisiana Fair & Coastal Plan 1-Jun-02 31-May-03 DKINN
M0000204300 ACUITY A Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
00003474100 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI 2
00003483100 Indiana Farmers Mutual Ins 1-Jan-02 31-Dec-02 SSCHU 2
M0000248600 Pekin Insurance Company 1-Jan-02 31-Dec-02 JGEAR
M0000248600 Pekin Insurance Company 1-Jan-02 31-Dec-02 KFRY
M0000312800 California Casualty Ins Co 1-Jan-02 31-Dec-02 DKINN
00003010100 Cameron Mutual Insurance Co 1-Jan-02 31-Dec-02 JGEAR 2
00003010100 Cameron Mutual Insurance Co 1-Jan-02 31-Dec-02 SSCHU 2
00002850300 RLI Insurance Company 1-Jan-02 31-Dec-02 JRODD 2
00003988000 The Wawanesa Mutual Insurance Company 1-Jan-02 31-Dec-02 JRODD
00003976400 ACE Limted 1-Jan-02 1-Jan-03 KGOLD 2
TP970540700 Fireman's Fund Insurance Co 1-Apr-02 31-Mar-03 JRODD
00003900100 Farmers Mutual of Tennessee 1-Jan-02 31-Dec-02 THEIN 2
00003620700 FCCI Insurance Company 1-Apr-02 31-Mar-03 SZILI 2
00003552100 Westport Insurance Corporation 1-Jan-02 31-Dec-02 KGOLD 2
TP902743100 Manitoba Public Ins Corp 1-Jan-02 31-Dec-02 JRODD
TP000419900 Ranger Insurance Company 1-Jan-02 31-Dec-02 JBARR
TP932570200 First Insurance Co of Hawaii 1-Jan-02 31-Dec-02 JRODD
00001122500 Continental Casualty Company 1-Jan-02 31-Dec-02 JRODD 2
00002267100 Greater New York Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI 2
TP920211300 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
TP853730700 Farm Mutual Reinsurance Plan 1-Jan-02 31-Dec-02 JRODD
TP961599300 Germania Farm Mutual Ins Assn 1-Jan-02 31-Dec-02 UPARK
A-3-26
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00000810800 2002 2nd Property Cat 0031 NA Ppty Tty X/S Cat
00003442500 2002 2nd Property Cat 0031 NA Ppty Tty X/S Cat
TP951820200 2002 2nd Property Cat (US) 0031 NA Ppty Tty X/S Cat
00000355201 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
00002228000 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003064600 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP941401300 2002 2nd PROPERTY CAT XOL 0031 NA Ppty Tty X/S Cat
TP961471400 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961490500 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961499800 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961500400 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961500900 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961523400 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961523900 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961534000 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961534700 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961540300 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961544700 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961545500 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961585600 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961721600 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970248200 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970387701 2002 2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
00002943800 2002 2nd Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003109800 2002 2nd Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003999200 2002 2nd Property Catastrophe 0031 NA Ppty Tty X/S Cat
00000783300 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000838200 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000845900 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000846700 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000860300 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00001092300 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002315200 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00000810800 Mercer Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00003442500 German Mutual Ins Co (OH) 1-Jan-02 31-Dec-02 SSCHU 2
TP951820200 Continental Casualty Company 1-Jan-02 31-Dec-02 JRODD
00000355201 Companion Prop and Cas Ins Co 1-Jun-02 31-May-03 KGOLD 2
00002228000 Guilderland Reinsurance Co 1-Jan-02 31-Dec-02 UPARK 2
00003064600 Germania Farm Mutual Ins Assn 1-Jan-02 31-Dec-02 UPARK 2
TP941401300 Chubb & Son, Inc. 1-Apr-02 31-Mar-03 SZILI
TP961471400 American Southern Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961490500 Co-Operative Insurance Companies 1-Jan-02 31-Dec-02 UPARK
TP961499800 Cumberland Mutual Fire Ins Co 1-Jan-02 31-Dec-02 KGOLD
TP961500400 Farmers Mutual Fire Association of New Jersey 1-Jan-02 31-Dec-02 KGOLD
TP961500900 Farmers Mut Fire of Salem Cty 1-Jan-02 31-Dec-02 UPARK
TP961523400 Fitchburg Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961523900 Franklin Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961534000 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 UPARK
TP961534700 Lititz Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961540300 Penn Mutual Insurance Company 1-Jan-02 31-Dec-02 KGOLD
TP961544700 Providence Mutual Fire Ins 1-Jan-02 31-Dec-02 SZILI
TP961545500 Rockingham Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961585600 Wayne Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961721600 Farmers Mutual Protective Assoc Of Tx 1-Jan-02 31-Dec-02 KGOLD
TP970248200 Peninsula Ins Co 1-Apr-02 31-Mar-03 KGOLD
TP970387701 Barnstable County Mut Ins Co 1-Jan-02 31-Dec-02 UPARK
00002943800 Southern Mutual Church Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003109800 Houston Casualty Company 1-Jan-02 31-Dec-02 SZILI 2
00003999200 Exchange Insurance Company, TN 1-Jan-02 31-Dec-02 SSCHU
00000783300 Iowa Mutual Insurance Co 1-Jan-02 31-Dec-02 SSCHU 2
00000838200 Millers First Insurance Companies 1-Jan-02 31-Dec-02 THEIN
00000845900 Germania Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00000846700 Frankenmuth Mutual Ins Co 1-Jan-02 31-Dec-02 KFRY 2
00000860300 Rockford Mutual Insurance Co 1-Jan-02 31-Dec-02 THEIN
00001092300 Selective Ins Co of America 1-Jan-02 31-Dec-02 SZILI 2
00002315200 Columbia National Ins Co 1-Jan-02 31-Dec-02 UPARK 2
A-3-27
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00002342900 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003417800 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003438800 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003478600 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003790100 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003793100 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003926600 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003950800 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003956100 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004038000 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
TP932624400 2002 2ND PROPERTY CATASTROPHE XOL 0031 NA Ppty Tty X/S Cat
TP961747900 2002 2nd Property Catastrophe XS 0031 NA Ppty Tty X/S Cat
TP960251400 2002 2nd US Prop Cat 0031 NA Ppty Tty X/S Cat
00003955100 2002 3rd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961587200 2002 3rd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961599000 2002 3rd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961619500 2002 3rd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP960288300 2002 3rd Canadian Prop Cat 0031 NA Ppty Tty X/S Cat
TP910314000 2002 3rd Cat (formerly 4th) 0031 NA Ppty Tty X/S Cat
M0000021100 2002 3RD CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000237800 2002 3RD CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000460600 2002 3RD CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000567500 2002 3rd CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000291200 2002 3rd CAT EXCESS (former 4th) 0031 NA Ppty Tty X/S Cat
00003474200 2002 3rd Cat Excess One Year 0031 NA Ppty Tty X/S Cat
M0000394100 2002 3RD CAT MULTI YEAR 0031 NA Ppty Tty X/S Cat
M0000248700 2002 3rd CAT XS 0031 NA Ppty Tty X/S Cat
M0000248700 2002 3rd CAT XS 0031 NA Ppty Tty X/S Cat
00003010200 2002 3rd Cat XS (formerly 4th cat) 0031 NA Ppty Tty X/S Cat
00003010200 2002 3rd Cat XS (formerly 4th cat) 0031 NA Ppty Tty X/S Cat
TP930334700 2002 3rd Cat/Risk (CN) 0031 NA Ppty Tty X/S Cat
TP000462000 2002 3rd Cat/Risk (US) 0031 NA Ppty Tty X/S Cat
00002850400 2002 3rd Catastrophe 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00002342900 Millers Mutual Insurance Company 1-Jan-02 31-Dec-02 KGOLD 2
00003417800 Harco National Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00003438800 Austin Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00003478600 Concord General Mutual Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003790100 Center Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00003793100 Kentucky National Ins Co 1-Jan-02 31-Dec-02 THEIN 2
00003926600 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU 2
00003950800 Wisconsin Mutual Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00003956100 Acadia Insurance Company 1-Jan-02 31-Dec-02 KGOLD 2
00004038000 Coregis Insurance Company 1-Apr-02 31-Mar-03 KGOLD
TP932624400 Everett Cash Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
TP961747900 Baldwin Mutual Ins. Co. 1-Jan-02 31-Dec-02 UPARK
TP960251400 Commonwealth Insurance Company 1-Jan-02 31-Dec-02 JBARR
00003955100 Allmerica Property & Casualty Insurance 1-Jan-02 31-Dec-02 SZILI 2
TP961587200 Farmers Union Mutual Ins (MT) 1-Jan-02 31-Dec-02 UPARK
TP961599000 Rockingham Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961619500 Barton County Mutual 1-Jan-02 31-Dec-02 UPARK
TP960288300 Commonwealth Insurance Company 1-Jan-02 31-Dec-02 JBARR
TP910314000 Ohio Casualty Insurance Co 1-Jan-02 31-Dec-02 SZILI
M0000021100 Selective Ins Co of America 1-Jan-02 31-Dec-02 SZILI
M0000237800 Quincy Mutual Fire Ins Co 1-Jan-02 31-Dec-02 KGOLD
M0000460600 SAFECO Ins Co of America 1-Jan-02 31-Dec-02 JRODD
M0000567500 Louisiana Fair & Coastal Plan 1-Jun-02 31-May-03 DKINN
M0000291200 ACUITY A Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
00003474200 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI 2
M0000394100 Indiana Farmers Mutual Ins 1-Jan-02 31-Dec-02 THEIN
M0000248700 Pekin Insurance Company 1-Jan-02 31-Dec-02 JGEAR
M0000248700 Pekin Insurance Company 1-Jan-02 31-Dec-02 KFRY
00003010200 Cameron Mutual Insurance Co 1-Jan-02 31-Dec-02 JGEAR 2
00003010200 Cameron Mutual Insurance Co 1-Jan-02 31-Dec-02 SSCHU 2
TP930334700 Trumbull Insurance Company 1-Jan-02 31-Dec-02 JRODD
TP000462000 Trumbull Insurance Company 1-Jan-02 31-Dec-02 JRODD
00002850400 RLI Insurance Company 1-Jan-02 31-Dec-02 JRODD 2
A-3-28
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
TP930146500 2002 3rd Catastrophe 0031 NA Ppty Tty X/S Cat
TP942018700 2002 3rd Catastrophe 0031 NA Ppty Tty X/S Cat
TP960249100 2002 3rd Catastrophe 0031 NA Ppty Tty X/S Cat
00004026000 2002 3rd Catastrophe Excess 0031 NA Ppty Tty X/S Cat
00003976500 2002 3rd Catastrophe Excess of Loss 0031 NA Ppty Tty X/S Cat
TP970540800 2002 3rd Catastrophe XL 0031 NA Ppty Tty X/S Cat
00003900200 2002 3rd Combo Cat / Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP930058800 2002 3rd Prop & Auto PD Cat 0031 NA Ppty Tty X/S Cat
TP000460400 2002 3rd Prop CAT 0031 NA Ppty Tty X/S Cat
TP961774800 2002 3RD PROP CAT 0031 NA Ppty Tty X/S Cat
TP930037600 2002 3rd Prop Cat (formerly 5th) 0031 NA Ppty Tty X/S Cat
TP940428700 2002 3rd Prop Cat/ 3 year 0031 NA Ppty Tty X/S Cat
TP870053900 2002 3rd Prop/APD/Greenhouse Cat 0031 NA Ppty Tty X/S Cat
TP961755100 2002 3rd Propert Cat XOL 0031 NA Ppty Tty X/S Cat
00002913500 2002 3rd Property Cat 0031 NA Ppty Tty X/S Cat
00003058200 2002 3rd Property Cat 0031 NA Ppty Tty X/S Cat
00003442600 2002 3rd Property Cat 0031 NA Ppty Tty X/S Cat
00001124100 2002 3rd Property Cat (Canadian) 0031 NA Ppty Tty X/S Cat
TP951820300 2002 3rd Property Cat (US) 0031 NA Ppty Tty X/S Cat
00002228100 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003064700 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP960681300 2002 3rd PROPERTY CAT XOL 0031 NA Ppty Tty X/S Cat
TP961471500 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961490600 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961499900 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961500600 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961501000 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961507100 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961523500 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961524000 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961534100 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961544800 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961545400 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
TP930146500 First State Insurance Co 1-Jan-02 31-Dec-02 JRODD
TP942018700 Westchester Fire Ins Co 1-Jan-02 31-Dec-02 JRODD
TP960249100 The Wawanesa Mutual Insurance Company 1-Jan-02 31-Dec-02 JRODD
00004026000 FCCI Insurance Company 1-Apr-02 31-Mar-03 SZILI
00003976500 ACE Limted 1-Jan-02 1-Jan-03 KGOLD 2
TP970540800 Fireman's Fund Insurance Co 1-Apr-02 31-Mar-03 JRODD
00003900200 Farmers Mutual of Tennessee 1-Jan-02 31-Dec-02 THEIN 2
TP930058800 Manitoba Public Ins Corp 1-Jan-02 31-Dec-02 JRODD
TP000460400 Ranger Insurance Company 1-Jan-02 31-Dec-02 JBARR
TP961774800 First Insurance Co of Hawaii 1-Jan-02 31-Dec-02 JRODD
TP930037600 Greater New York Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
TP940428700 Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
TP870053900 Farm Mutual Reinsurance Plan 1-Jan-02 31-Dec-02 JRODD
TP961755100 Northern Neck Insurance Co 1-Jan-02 31-Dec-02 KGOLD
00002913500 Mercer Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00003058200 Penn Mutual Insurance Company 1-Jan-02 31-Dec-02 KGOLD 2
00003442600 German Mutual Ins Co (OH) 1-Jan-02 31-Dec-02 SSCHU 2
00001124100 Continental Casualty Company 1-Jan-02 31-Dec-02 JRODD 2
TP951820300 Continental Casualty Company 1-Jan-02 31-Dec-02 JRODD
00002228100 Guilderland Reinsurance Co 1-Jan-02 31-Dec-02 UPARK 2
00003064700 Germania Farm Mutual Ins Assn 1-Jan-02 31-Dec-02 UPARK 2
TP960681300 Chubb & Son, Inc. 1-Apr-02 31-Mar-03 SZILI
TP961471500 American Southern Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961490600 Co-Operative Insurance Companies 1-Jan-02 31-Dec-02 UPARK
TP961499900 Cumberland Mutual Fire Ins Co 1-Jan-02 31-Dec-02 KGOLD
TP961500600 Farmers Mutual Fire Association of New Jersey 1-Jan-02 31-Dec-02 KGOLD
TP961501000 Farmers Mut Fire of Salem Cty 1-Jan-02 31-Dec-02 UPARK
TP961507100 Farmers Mutual Protective Assoc Of Tx 1-Jan-02 31-Dec-02 KGOLD
TP961523500 Fitchburg Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961524000 Franklin Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961534100 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 UPARK
TP961544800 Providence Mutual Fire Ins 1-Jan-02 31-Dec-02 SZILI
TP961545400 Rockingham Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
A-3-29
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
TP970248300 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970387801 2002 3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003478700 2002 3rd Property Catastrohpe XOL 0031 NA Ppty Tty X/S Cat
00002943900 2002 3rd Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003855500 2002 3rd Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003970500 2002 3rd Property Catastrophe 0031 NA Ppty Tty X/S Cat
TP881625301 2002 3RD PROPERTY CATASTROPHE EXCES 0031 NA Ppty Tty X/S Cat
00000838400 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000846000 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000846900 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000860000 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002315300 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002319100 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002940900 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002988900 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003393700 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003417900 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003438900 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003790200 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003793200 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003875500 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003906300 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003950900 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003956200 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003960100 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004038100 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004113300 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
TP932624500 2002 3RD PROPERTY CATASTROPHE XOL 0031 NA Ppty Tty X/S Cat
TP960282400 2002 3rd US Prop Cat 0031 NA Ppty Tty X/S Cat
TP951480600 2002 4th Cat (formerly 5th) 0031 NA Ppty Tty X/S Cat
00004083500 2002 4TH CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000013500 2002 4TH CAT EXCESS 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
TP970248300 Peninsula Ins Co 1-Apr-02 31-Mar-03 KGOLD
TP970387801 Barnstable County Mut Ins Co 1-Jan-02 31-Dec-02 UPARK
00003478700 Concord General Mutual Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00002943900 Southern Mutual Church Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003855500 Balboa Insurance Company 1-Jan-02 31-Dec-02 JRODD 2
00003970500 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU 2
TP881625301 Royal & SunAlliance USA, Inc. 1-May-02 30-Apr-03 SZILI
00000838400 Millers First Insurance Companies 1-Jan-02 31-Dec-02 THEIN 2
00000846000 Germania Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00000846900 Frankenmuth Mutual Ins Co 1-Jan-02 31-Dec-02 KFRY 2
00000860000 Rockford Mutual Insurance Co 1-Jan-02 31-Dec-02 THEIN 2
00002315300 Columbia National Ins Co . 1-Jan-02 31-Dec-02 UPARK 2
00002319100 Baldwin Mutual Ins. Co. 1-Jan-02 31-Dec-02 UPARK 2
00002940900 Alfa Insurance Corporation 1-Jan-02 31-Dec-02 SZILI 2
00002988900 Iowa Mutual Insurance Co 1-Jan-02 31-Dec-02 SSCHU 2
00003393700 Grange Mutual Ins Co (OR) 1-Jan-02 31-Dec-02 KGOLD 2
00003417900 Harco National Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00003438900 Austin Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00003790200 Center Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00003793200 Kentucky National Ins Co 1-Jan-02 31-Dec-02 THEIN 2
00003875500 Farm Bureau Mutual Ins of MI 1-Jan-02 31-Dec-02 THEIN 2
00003906300 Universal Underwriters Ins Co 1-Jan-02 31-Dec-02 JBARR
00003950900 Wisconsin Mutual Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00003956200 Acadia Insurance Company 1-Jan-02 31-Dec-02 KGOLD 2
00003960100 Sheboygan Falls Mutual Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00004038100 Coregis Insurance Company 1-Apr-02 31-Mar-03 KGOLD
00004113300 Usaa Casualty Ins. Co. 1-Jun-02 31-May-03 DKINN
TP932624500 Everett Cash Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
TP960282400 Commonwealth Insurance Company 1-Jan-02 31-Dec-02 JBARR
TP951480600 Ohio Casualty Insurance Co 1-Jan-02 31-Dec-02 SZILI
00004083500 Royal & SunAlliance USA, Inc. 1-May-02 30-Apr-03 SZILI
M0000013500 Cincinnati Insurance Co 1-Jan-02 31-Dec-02 KGOLD
A-3-30
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
M0000282500 2002 4TH CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000522500 2002 4TH CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000574300 2002 4th Cat Excess 0031 NA Ppty Tty X/S Cat
M0000500100 2002 4th CAT EXCESS-formerly 5th 0031 NA Ppty Tty X/S Cat
M0000223500 2002 4TH CAT MULTI YEAR 0031 NA Ppty Tty X/S Cat
00002905100 2002 4th CAT XS 0031 NA Ppty Tty X/S Cat
00002338600 2002 4th Catastrophe 0031 NA Ppty Tty X/S Cat
00002348000 2002 4th Catastrophe 0031 NA Ppty Tty X/S Cat
00002990300 2002 4th Catastrophe 0031 NA Ppty Tty X/S Cat
00003960500 2002 4th Catastrophe 0031 NA Ppty Tty X/S Cat
TP960249200 2002 4th Catastrophe 0031 NA Ppty Tty X/S Cat
TP970049900 2002 4th Catastrophe 0031 NA Ppty Tty X/S Cat
00000582100 2002 4TH PROP CAT 0031 NA Ppty Tty X/S Cat
00003064800 2002 4th Property Ca XOL 0031 NA Ppty Tty X/S Cat
00002913600 2002 4th Property Cat 0031 NA Ppty Tty X/S Cat
00000738400 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
00001010600 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP922226500 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961471600 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961490700 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961500000 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961501100 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961523000 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961523600 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961524100 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961524100 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961534200 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961544900 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970387901 2002 4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
00002944000 2002 4th Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003062400 2002 4th Property Catastrophe 0031 NA Ppty Tty X/S Cat
00000846300 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000860200 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
M0000282500 Quincy Mutual Fire Ins Co 1-Jan-02 31-Dec-02 KGOLD
M0000522500 SAFECO Ins Co of America 1-Jan-02 31-Dec-02 JRODD
M0000574300 Safety Indemnity Insurance Co 1-Jan-02 31-Dec-02 SZILI
M0000500100 Selective Ins Co of America 1-Jan-02 31-Dec-02 SZILI
M0000223500 Indiana Farmers Mutual Ins 1-Jan-02 31-Dec-02 SSCHU
00002905100 National Grange Mutual Ins 1-Jan-02 31-Dec-02 KGOLD 2
00002338600 First State Insurance Co 1-Jan-02 31-Dec-02 JRODD 2
00002348000 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 JRODD 2
00002990300 W.R. Berkley Group 1-Jan-02 31-Dec-02 JRODD 2
00003960500 ING Canada Group 1-Jan-02 31-Dec-02 JRODD 2
TP960249200 The Wawanesa Mutual Insurance Company 1-Jan-02 31-Dec-02 JRODD
TP970049900 Westchester Fire Ins Co 1-Jan-02 31-Dec-02 JRODD
00000582100 First Insurance Co of Hawaii 1-Jan-02 31-Dec-02 JRODD 2
00003064800 Germania Farm Mutual Ins Assn 1-Jan-02 31-Dec-02 UPARK 2
00002913600 Mercer Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
00000738400 Rockingham Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK 2
Farmers Mutual Fire Association of New
00001010600 Jersey 1-Jan-02 31-Dec-02 KGOLD 2
TP922226500 Northern Neck Insurance Co 1-Jan-02 31-Dec-02 KGOLD
TP961471600 American Southern Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961490700 Co-Operative Insurance Companies 1-Jan-02 31-Dec-02 UPARK
TP961500000 Cumberland Mutual Fire Ins Co 1-Jan-02 31-Dec-02 KGOLD
TP961501100 Farmers Mut Fire of Salem Cty 1-Jan-02 31-Dec-02 UPARK
TP961523000 Farmers Mutual Protective Assoc Of Tx 1-Jan-02 31-Dec-02 KGOLD
TP961523600 Fitchburg Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961524100 Franklin Mutual Insurance Co 1-Jan-02 31-Dec-02 KGOLD
TP961524100 Franklin Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK
TP961534200 Kentucky Growers Ins Co 1-Jan-02 31-Dec-02 UPARK
TP961544900 Providence Mutual Fire Ins 1-Jan-02 31-Dec-02 SZILI
TP970387901 Barnstable County Mut Ins Co 1-Jan-02 31-Dec-02 UPARK
00002944000 Southern Mutual Church Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003062400 Everett Cash Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI 2
00000846300 Germania Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00000860200 Rockford Mutual Insurance Co 1-Jan-02 31-Dec-02 THEIN 2
A-3-31
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00002315400 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003125000 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003420000 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003793300 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003866200 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003875600 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003906500 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003956300 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003960600 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
M0000505900 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003037100 2002 5th Cat Excess 0031 NA Ppty Tty X/S Cat
00003448600 2002 5th Cat Excess 0031 NA Ppty Tty X/S Cat
M0000272600 2002 5TH CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000272600 2002 5TH CAT EXCESS 0031 NA Ppty Tty X/S Cat
00003999600 2002 5th Cat Xol 0031 NA Ppty Tty X/S Cat
00001037700 2002 5th Catastrophe 0031 NA Ppty Tty X/S Cat
00002348200 2002 5th Catastrophe 0031 NA Ppty Tty X/S Cat
00003531600 2002 5th Catastrophe 0031 NA Ppty Tty X/S Cat
00000951100 2002 5th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961755200 2002 5th Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003855700 2002 5th Property Catastrophe 0031 NA Ppty Tty X/S Cat
00002941000 2002 5th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003004000 2002 5th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003036400 2002 5th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003793400 2002 5th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003866300 2002 5th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003875700 2002 5th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
M0000097000 2002 5TH XS STOP LOSS 0031 NA Ppty Tty X/S Cat
M0000273500 2002 6TH CAT XS LOSS RATIO 0031 NA Ppty Tty X/S Cat
TP961755300 2002 6th Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003793500 2002 6th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003875800 2002 6th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003080700 2002 7th Cat XOL/PC 0031 NA Ppty Tty X/S Cat
M0000572300 2002 7TH XS STOP LOSS 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00002315400 Columbia National Ins Co 1-Jan-02 31-Dec-02 UPARK 2
00003125000 Frankenmuth Mutual Ins Co 1-Jan-02 31-Dec-02 KFRY 2
00003420000 SECURA Insurance A Mutual Co 1-Jan-02 31-Dec-02 KFRY 2
00003793300 Kentucky National Ins Co 1-Jan-02 31-Dec-02 THEIN 2
00003866200 Empire Fire & Marine Ins Co 1-Jan-02 31-May-03 JBARR 2
00003875600 Farm Bureau Mutual Ins of MI 1-Jan-02 31-Dec-02 THEIN 2
00003906500 Universal Underwriters Ins Co 1-Jan-02 31-Dec-02 JBARR
00003956300 Acadia Insurance Company 1-Jan-02 31-Dec-02 KGOLD 2
00003960600 Farmers Mutual of Tennessee 1-Jan-02 31-Dec-02 THEIN 2
M0000505900 Amer Nat Prop & Cas Co 1-Jan-02 31-Dec-02 KFRY
00003037100 Safety Indemnity Insurance Co 1-Jan-02 31-Dec-02 SZILI 2
00003448600 Quincy Mutual Fire Ins Co 1-Jan-02 31-Dec-02 KGOLD 2
M0000272600 Cincinnati Insurance Co 1-Jan-02 31-Dec-02 JGEAR
M0000272600 Cincinnati Insurance Co 1-Jan-02 31-Dec-02 KGOLD
00003999600 Germania Farm Mutual Ins Assn 1-Jan-02 31-Dec-02 KGOLD
00001037700 Public Service Mutual Ins Co 1-Jan-02 31-Dec-02 JRODD 2
00002348200 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 JRODD 2
00003531600 ING Canada Group 1-Jan-02 31-Dec-02 JRODD 2
00000951100 Farmers Mut Fire of Salem Cty 1-Jan-02 31-Dec-02 UPARK 2
TP961755200 Northern Neck Insurance Co 1-Jan-02 31-Dec-02 KGOLD
00003855700 Balboa Insurance Company 1-Jan-02 31-Dec-02 JRODD 2
00002941000 Alfa Insurance Corporation 1-Jan-02 31-Dec-02 SZILI 2
00003004000 Columbia National Ins Co 1-Jan-02 31-Dec-02 UPARK 2
00003036400 Cumberland Mutual Fire Ins Co 1-Jan-02 31-Dec-02 KGOLD 2
00003793400 Kentucky National Ins Co 1-Jan-02 31-Dec-02 THEIN 2
00003866300 Empire Fire & Marine Ins Co 1-Jan-02 31-May-03 JBARR 2
00003875700 Farm Bureau Mutual Ins of MI 1-Jan-02 31-Dec-02 THEIN 2
M0000097000 Grinnell Mutual Reinsurance Co 1-Jan-02 31-Dec-02 SZILI
M0000273500 Grinnell Mutual Reinsurance Co 1-Jan-02 31-Dec-02 SZILI
TP961755300 Northern Neck Insurance Co 1-Jan-02 31-Dec-02 KGOLD
00003793500 Kentucky National Ins Co 1-Jan-02 31-Dec-02 THEIN 2
00003875800 Farm Bureau Mutual Ins of MI 1-Jan-02 31-Dec-02 THEIN 2
00003080700 Alfa Insurance Corporation 1-Jan-02 31-Dec-02 SZILI 2
M0000572300 Grinnell Mutual Reinsurance Co 1-Jan-02 31-Dec-02 SZILI
A-3-32
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003713600 2002 AIG E-Commerce Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004113200 2002 Cat XOL Layer 1 0031 NA Ppty Tty X/S Cat
M0000456500 2002 Corporate Cat 0031 NA Ppty Tty X/S Cat
00001434600 2002 Dealers Open Lot Cat/Agg 0031 NA Ppty Tty X/S Cat
00003080500 2002 Fifth Cat XOL/PC 0031 NA Ppty Tty X/S Cat
00003589500 2002 fifth prop cat xol 0031 NA Ppty Tty X/S Cat
00003997400 2002 Fifth Property Cat/Risk 0031 NA Ppty Tty X/S Cat
00003997700 2002 Fifth Property Cat/Risk 0031 NA Ppty Tty X/S Cat
00002989900 2002 Fifth Property Catastrophe 0031 NA Ppty Tty X/S Cat
00004006500 2002 Fifth Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003474000 2002 First Cat Excess One Year 0031 NA Ppty Tty X/S Cat
00003916600 2002 First Excess Catastrophe 0031 NA Ppty Tty X/S Cat
TP930327200 2002 First PropCat/3 year 0031 NA Ppty Tty X/S Cat
TP970272400 2002 FIRST PROPERTY CAT 0031 NA Ppty Tty X/S Cat
00004006400 2002 First Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003589400 2002 fourth prop cat xol 0031 NA Ppty Tty X/S Cat
00003997600 2002 Fourth Property Cat/Risk 0031 NA Ppty Tty X/S Cat
00001050000 2002 Fourth Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003987800 2002 GACIS Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002853800 2002 N.E. & New Madrid Cat (3rd) 0031 NA Ppty Tty X/S Cat
00003687500 2002 Property Aggregate XOL 0031 NA Ppty Tty X/S Cat
M0000580200 2002 Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003610100 2002 Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003916700 2002 Second Excess Catastrophe 0031 NA Ppty Tty X/S Cat
TP970272500 2002 SECOND PROPERTY CAT 0031 NA Ppty Tty X/S Cat
00003459800 2002 Second Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003951800 2002 SHAG/Flex Property Cat 0031 NA Ppty Tty X/S Cat
00003951700 2002 Shared Property Cat XS 0031 NA Ppty Tty X/S Cat
00004064000 2002 Sixth (Top) Property Cat XOL 0031 NA Ppty Tty X/S Cat
M0000561700 2002 Texas Cat 0031 NA Ppty Tty X/S Cat
00004113100 2002 TOP Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003953000 2002 Underlying 3rd/4th Event Cat 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003713600 National Union Fire Ins Co PA 1-Apr-02 31-Mar-03 SZILI 2
00004113200 Usaa Casualty Ins. Co. 1-Jun-02 31-May-03 DKINN
M0000456500 Farmers Insurance Group 15-Jan-02 14-Jan-03 JRODD
00001434600 Southern Pioneer and Casualty Ins. Co 1-Apr-02 31-Mar-03 SSCHU 2
00003080500 Alfa Insurance Corporation 1-Jan-02 31-Dec-02 SZILI 2
00003589500 AXA Insurance (Canada) . 1-Jan-02 31-Dec-02 JRODD 2
00003997400 Trumbull Insurance Company 1-Jan-02 31-Dec-02 JRODD
00003997700 Trumbull Insurance Company 1-Jan-02 31-Dec-02 JRODD
00002989900 Zurich American Ins Co of IL 1-Jan-02 31-Dec-02 JBARR 2
00004006500 First Insurance Co of Hawaii 1-Jan-02 31-Dec-02 JRODD
00003474000 .Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI 2
00003916600 First American Prop & Cas Ins 1-Jan-02 31-Dec-02 KGOLD
TP930327200 .Federated Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
TP970272400 Amerisure Companies 1-Apr-02 31-Mar-03 KGOLD
00004006400 First Insurance Co of Hawaii 1-Jan-02 31-Dec-02 JRODD
00003589400 AXA Insurance (Canada) . 1-Jan-02 31-Dec-02 JRODD 2
00003997600 Trumbull Insurance Company 1-Jan-02 31-Dec-02 JRODD
00001050000 Zurich American Ins Co of IL 1-Jan-02 31-Dec-02 JBARR 2
00003987800 Great American Insurance Co 1-Jan-02 31-Dec-02 JBARR
00002853800 Liberty Mutual Insurance Co 1-Jan-02 31-Dec-02 JRODD 2
00003687500 Celina Mutual Insurance Co 1-Jan-02 31-Dec-02 UPARK 2
M0000580200 California Fair Plan 1-Feb-02 31-Jan-03 JRODD
00003610100 Cornerstone National Insurance Company, MO 1-Apr-02 31-Mar-03 KFRY 2
00003916700 First American Prop & Cas Ins 1-Jan-02 31-Dec-02 KGOLD 2
TP970272500 Amerisure Companies 1-Apr-02 31-Mar-03 KGOLD
00003459800 Zurich American Ins Co of IL 1-Jan-02 31-Dec-02 JBARR 2
00003951800 Southern Farm Bureau Casualty 1-Jan-02 31-Dec-02 SZILI 2
00003951700 Southern Farm Bureau Casualty 1-Jan-02 31-Dec-02 SZILI 2
00004064000 Empire Fire & Marine Ins Co 1-Jan-02 31-Dec-02 JBARR
M0000561700 Farmers Insurance Group 15-Jan-02 14-Jan-03 JRODD
00004113100 Usaa Casualty Ins. Co. 1-Jun-02 31-May-03 DKINN
00003953000 Center Mutual Insurance Co 1-Jan-02 31-Dec-02 KFRY 2
A-3-33
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003992200 2002 Underlying Aggregate XOL 0031 NA Ppty Tty X/S Cat
00004021100 2002 Underlying Aggregate XOL 0031 NA Ppty Tty X/S Cat
00003442200 2002 1st Multi Line XOL 0030 NA Ppty Tty X/S Risk
00003470900 2002 1st Multiline Excess 0030 NA Ppty Tty X/S Risk
00002300600 2002 1st Multi-Line XOL 0030 NA Ppty Tty X/S Risk
00002309000 2002 1st Per Risk Excess 0030 NA Ppty Tty X/S Risk
00002257300 2002 1st Per Risk Royal/Orion 0030 NA Ppty Tty X/S Risk
00003828900 2002 1st Per Risk XOL 0030 NA Ppty Tty X/S Risk
TP941883000 2002 1st Prop Per Risk 0030 NA Ppty Tty X/S Risk
TP921014700 2002 1ST PROP. PER RISK EXCESS 0030 NA Ppty Tty X/S Risk
00004038600 2002 1st Property Fac Per Risk XOL 0030 NA Ppty Tty X/S Risk
00003389600 2002 1st Property Per Risk 0030 NA Ppty Tty X/S Risk
00003849600 2002 1st Property Per Risk 0030 NA Ppty Tty X/S Risk
00003888000 2002 1st Property Per Risk 0030 NA Ppty Tty X/S Risk
TP000575300 2002 1ST Property Per Risk 0030 NA Ppty Tty X/S Risk
00003149100 2002 1st Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
00003842300 2002 1st Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
00004088200 2002 1st Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
TP000572600 2002 1ST PROPERTY PER RISK XOL 0030 NA Ppty Tty X/S Risk
00003471000 2002 2nd Multiline Excess 0030 NA Ppty Tty X/S Risk
00002300700 2002 2nd Multi-Line XOL 0030 NA Ppty Tty X/S Risk
00000601400 2002 2nd Per Risk 0030 NA Ppty Tty X/S Risk
00003995300 2002 2nd Per Risk Backup 0030 NA Ppty Tty X/S Risk
00002257400 2002 2nd Per Risk Royal/Orion 0030 NA Ppty Tty X/S Risk
00003829000 2002 2nd Per Risk XOL 0030 NA Ppty Tty X/S Risk
TP922225200 2002 2nd Prop Per Risk 0030 NA Ppty Tty X/S Risk
TP961625400 2002 2nd Prop Per Risk 0030 NA Ppty Tty X/S Risk
TP921014800 2002 2ND PROP. PER RISK EXCESS 0030 NA Ppty Tty X/S Risk
00004038800 2002 2nd Property Fac Per Risk XOL 0030 NA Ppty Tty X/S Risk
00003389700 2002 2nd Property Per Risk 0030 NA Ppty Tty X/S Risk
00003845100 2002 2nd Property Per Risk 0030 NA Ppty Tty X/S Risk
00003849700 2002 2nd Property Per Risk 0030 NA Ppty Tty X/S Risk
00003888100 2002 2nd Property Per Risk 0030 NA Ppty Tty X/S Risk
00003842400 2002 2nd Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003992200 Farmers Mutual Protective Assoc Of Tx 1-Jan-02 31-Dec-02 KGOLD
00004021100 Farmers Union Mutual Ins (MT) 1-Jan-02 31-Dec-02 KGOLD
00003442200 German Mutual Ins Co (OH) 1-Jan-02 31-Dec-02 SSCHU 2
00003470900 Illinois Casualty Company 1-Jan-02 31-Dec-02 THEIN 2
00002300600 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU 2
00002309000 Germania Insurance Company 1-Jan-02 31-Dec-02 SSCHU 2
00002257300 Royal & SunAlliance USA, Inc. 1-Jan-02 31-Dec-02 JRODD 2
00003828900 Maine Mutual Fire Ins Co 1-Jan-02 31-Dec-02 THEIN 2
TP941883000 Westchester Fire Ins Co 1-Jan-02 31-Dec-02 JRODD
TP921014700 Chubb & Son, Inc. 1-Apr-02 31-Mar-03 SZILI
00004038600 CNA Insurance Companies 1-Apr-02 31-Mar-03 DKINN
00003389600 US Aegis Energy Insurance Company 1-Apr-02 31-Mar-03 JRODD 2
00003849600 Southern Mutual Church Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003888000 ACE Limted 1-Jan-02 31-Dec-02 THEIN 2
TP000575300 First State Insurance Co 1-Jan-02 31-Dec-02 JRODD
00003149100 Royal & SunAlliance USA, Inc. 1-May-02 30-Apr-03 SZILI 2
00003842300 Farm Bureau Mutual Ins of MI 1-Jan-02 31-Dec-02 THEIN 2
00004088200 State National Ins Co, Inc 1-Apr-02 1-Apr-03 DKINN
TP000572600 Chubb & Son, Inc. 1-Apr-02 31-Mar-03 SZILI
00003471000 Illinois Casualty Company 1-Jan-02 31-Dec-02 THEIN 2
00002300700 Wisconsin Reinsurance Corp. 1-Jan-02 31-Dec-02 SSCHU 2
00000601400 Southern Guaranty Insurance Co 1-Jan-02 31-Dec-02 JRODD 2
00003995300 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 JRODD
00002257400 Royal & SunAlliance USA, Inc. 1-Jan-02 31-Dec-02 JRODD 2
00003829000 Maine Mutual Fire Ins Co 1-Jan-02 31-Dec-02 THEIN 2
TP922225200 Employers Mutual Casualty Co 1-Jan-02 31-Dec-02 KGOLD
TP961625400 Westchester Fire Ins Co 1-Jan-02 31-Dec-02 JRODD
TP921014800 Chubb & Son, Inc. 1-Apr-02 31-Mar-03 SZILI
00004038800 CNA Insurance Companies 1-Apr-02 31-Mar-03 DKINN
00003389700 US Aegis Energy Insurance Company 1-Apr-02 31-Mar-03 JRODD 2
00003845100 Agway Insurance Company . 1-Jan-02 31-Dec-02 SSCHU 2
00003849700 Southern Mutual Church Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003888100 ACE Limted 1-Jan-02 31-Dec-02 THEIN 2
00003842400 Farm Bureau Mutual Ins of MI 1-Jan-02 31-Dec-02 THEIN 2
A-3-34
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00004088300 2002 2nd Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
TP000572700 2002 2ND PROPERTY PER RISK XOL 0030 NA Ppty Tty X/S Risk
00001024400 2002 2nd Risk XOL 0030 NA Ppty Tty X/S Risk
00000589200 2002 3rd Per Risk 0030 NA Ppty Tty X/S Risk
00000601500 2002 3rd Per Risk 0030 NA Ppty Tty X/S Risk
00004047300 2002 3rd Per Risk 0030 NA Ppty Tty X/S Risk
00003995400 2002 3rd Per Risk Backup 0030 NA Ppty Tty X/S Risk
00003829100 2002 3rd Per Risk XOL 0030 NA Ppty Tty X/S Risk
TP922225300 2002 3rd Prop Per Risk 0030 NA Ppty Tty X/S Risk
TP932280200 2002 3rd Prop Per Risk 0030 NA Ppty Tty X/S Risk
00003849800 2002 3rd Property Per Risk 0030 NA Ppty Tty X/S Risk
00003888200 2002 3rd Property Per Risk 0030 NA Ppty Tty X/S Risk
TP865143900 2002 3RD PROPERTY PER RISK EXCESS 0030 NA Ppty Tty X/S Risk
00004088400 2002 3rd Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
00003995500 2002 4th Per Risk Backup 0030 NA Ppty Tty X/S Risk
TP872134600 2002 4TH PROPERTY PER RISK EXCESS 0030 NA Ppty Tty X/S Risk
00004088500 2002 4th Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
00003790600 2002 APEX-Multi Line Excess of Loss 0030 NA Ppty Tty X/S Risk
00003831800 2002 Combination Excess of Loss 0030 NA Ppty Tty X/S Risk
00003842500 2002 Combination Excess of Loss 0030 NA Ppty Tty X/S Risk
00003994900 2002 First Property Per Risk 0030 NA Ppty Tty X/S Risk
00003995200 2002 Fourth Property Per Risk 0030 NA Ppty Tty X/S Risk
00004018800 2002 Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
00003995000 2002 Second Property Per Risk 0030 NA Ppty Tty X/S Risk
00004072700 2002 Second Property Per Risk 0030 NA Ppty Tty X/S Risk
00003995100 2002 Third Property Per Risk 0030 NA Ppty Tty X/S Risk
00003845200 2002 Top Cessions Property per Risk 0030 NA Ppty Tty X/S Risk
TP940111600 2002 Underlying Per Risk 0030 NA Ppty Tty X/S Risk
FM621028600 2002 FEDERAL - TERMINAL OPS L.L. 0070 OM Facultative
FM621027200 2002 LA SOCIETE DE-NON-B/W HULL 0070 OM Facultative
FM621025700 2002 OWEN- NON-B/W HULL 0070 OM Facultative
00003102400 2002 P&I Club - 3rd Layer 0070 OM Facultative
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00004088300 State National Ins Co, Inc 1-Apr-02 1-Apr-03 DKINN
TP000572700 Chubb & Son, Inc. 1-Apr-02 31-Mar-03 SZILI
00001024400 ACE Group 1-Jan-02 31-Dec-02 JRODD 2
00000589200 RLI Insurance Company 1-Jan-02 31-Dec-02 JRODD 2
00000601500 Southern Guaranty Insurance Co 1-Jan-02 31-Dec-02 JRODD 2
00004047300 Fireman's Fund Insurance Co 1-Apr-02 31-Mar-03 JRODD
00003995400 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 JRODD
00003829100 Maine Mutual Fire Ins Co 1-Jan-02 31-Dec-02 THEIN 2
TP922225300 Employers Mutual Casualty Co 1-Jan-02 31-Dec-02 KGOLD
TP932280200 Westchester Fire Ins Co 1-Jan-02 31-Dec-02 JRODD
00003849800 Southern Mutual Church Ins Co 1-Jan-02 31-Dec-02 SSCHU 2
00003888200 ACE Limted 1-Jan-02 31-Dec-02 THEIN 2
TP865143900 Greater New York Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
00004088400 State National Ins Co, Inc 1-Apr-02 1-Apr-03 DKINN
00003995500 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 JRODD
TP872134600 Greater New York Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
00004088500 State National Ins Co, Inc 1-Apr-02 1-Apr-03 DKINN
00003790600 American Safety Casualty Insurance Co. 1-Jan-02 31-Dec-02 KFRY 2
00003831800 Northern Mutual Ins Co (MI) 1-Jan-02 31-Dec-02 THEIN 2
00003842500 Farmers and Merchants Mut Fire 1-Jan-02 31-Dec-02 THEIN 2
00003994900 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 JRODD
00003995200 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 JRODD
00004018800 Fulcrum Insurance Company 1-Apr-02 31-Mar-03 KGOLD
00003995000 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 JRODD
00004072700 Essex Insurance Company 1-May-02 30-Apr-03 SZILI
00003995100 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 JRODD
00003845200 Agway Insurance Company . 1-Jan-02 31-Dec-02 SSCHU 2
TP940111600 Ranger Insurance Company 1-Jan-02 31-Dec-02 JBARR
FM621028600 American Home Assurance Company, CN 1-Apr-02 1-Apr-03 KSM
FM621027200 American Home Assurance Company, CN 31-Mar-02 30-Apr-03 KSM
FM621025700 American Home Assurance Company, CN 31-Mar-02 30-Apr-03 KSM
00003102400 International Group Of P&I Associations 20-Feb-02 20-Feb-03 KSM 2
A-3-35
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00004086100 2002 Tidewater Incorporated 0070 OM Facultative
FM971044200 2002 Tidewater Incorporated 0070 OM Facultative
TM870345900 2002 G&M OPEN CVR-VARIABLE QS 0050 OM Treaty P/R
00003465300 2002 Global Energy QS 0050 OM Treaty P/R
TM930776500 2002 HULL SURPLUS 0050 OM Treaty P/R
TO950135000 2002 Marine Quota Share 0050 OM Treaty P/R
TN950131200 2002 Miscelaneous First Surplus 0050 OM Treaty P/R
00002937000 2002 1st Gen Mar XL 0060 OM Treaty X/S
00003766100 2002 1st Liability X/L 0060 OM Treaty X/S
00001034000 2002 1st Mar W/A XL - WA1 0060 OM Treaty X/S
TM920734500 2002 1ST MARINE HULL X/L 0060 OM Treaty X/S
00003766400 2002 1st Yacht X/L 0060 OM Treaty X/S
TM920708500 2002 2ND CARGO CAT X/L 0060 OM Treaty X/S
TM960479800 2002 2ND CARGO CAT XL 0060 OM Treaty X/S
00002939700 2002 2nd Gen Mar XL 0060 OM Treaty X/S
00003766200 2002 2nd Liability X/L 0060 OM Treaty X/S
00001034100 2002 2nd Mar W/A XL - WA2 0060 OM Treaty X/S
TM960546300 2002 2ND MARINE CARGO X/L 0060 OM Treaty X/S
TM920734600 2002 2ND MARINE HULL CAT X/L 0060 OM Treaty X/S
00003766500 2002 2nd Yacht X/L 0060 OM Treaty X/S
00003766300 2002 3rd Liability X/L 0060 OM Treaty X/S
00001034200 2002 3rd Mar W/A XL - WA3 0060 OM Treaty X/S
TM930886700 2002 3RD MARINE HULL CAT X/L 0060 OM Treaty X/S
00003766600 2002 3rd Yacht X/L 0060 OM Treaty X/S
TM910433500 2002 4TH CARGO CAT X/L 0060 OM Treaty X/S
TM960479900 2002 4th CARGO CAT XL 0060 OM Treaty X/S
00001034300 2002 4th Mar W/A XL - WA4 0060 OM Treaty X/S
00004080500 2002 4th Marine Hull XL 0060 OM Treaty X/S
TM960480000 2002 5TH CARGO CAT XL 0060 OM Treaty X/S
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00004086100 Boston Old Colony Insurance Co. 1-Apr-02 1-Apr-03 KSM
FM971044200 Boston Old Colony Insurance Co. 1-Apr-02 1-Apr-03 KSM
TM870345900 Centennial Insurance Company (Canada Branch) 1-Jan-02 31-Dec-02 KSM
00003465300 Zurich Insurance Company - Bermuda Branch 1-Jan-02 31-Dec-02 KSM 2
TM930776500 Tokio Marine & Fire Insurance Co Ltd 1-Apr-02 31-Mar-03 KSM
TO950135000 Seguros Sucre, S.A. 1-Jan-02 31-Dec-02 SREDL
TN950131200 Seguros Sucre, S.A. 1-Jan-02 31-Dec-02 SREDL
00002937000 Westport Insurance Corporation 1-Jan-02 31-Dec-02 KSM 2
00003766100 New Hampshire Insurance Co 1-Jun-02 31-May-03 KSM 2
00001034000 Somerset Group of Companies 1-Jan-02 31-Dec-02 KSM 2
The Yasuda Fire and Marine Insurance
TM920734500 Company, Limited 1-Apr-02 31-Mar-03 KSM
00003766400 New Hampshire Insurance Co 1-Jun-02 31-May-03 KSM 2
The Yasuda Fire and Marine Insurance
TM920708500 Company, Limited 1-Apr-02 31-Mar-03 KSM
The Yasuda Fire and Marine Insurance
TM960479800 Company, Limited 1-Apr-02 31-Mar-03 KSM
00002939700 Westport Insurance Corporation 1-Jan-02 31-Dec-02 KSM 2
00003766200 New Hampshire Insurance Co 1-Jun-02 31-May-03 KSM 2
00001034100 Somerset Group of Companies 1-Jan-02 31-Dec-02 KSM 2
TM960546300 Nissay Dowa General Insurance Company Ltd 1-Apr-02 31-Mar-03 KSM
The Yasuda Fire and Marine Insurance
TM920734600 Company, Limited 1-Apr-02 31-Mar-03 KSM
00003766500 New Hampshire Insurance Co 1-Jun-02 31-May-03 KSM 2
00003766300 New Hampshire Insurance Co 1-Jun-02 31-May-03 KSM 2
00001034200 Somerset Group of Companies 1-Jan-02 31-Dec-02 KSM 2
The Yasuda Fire and Marine Insurance
TM930886700 Company, Limited 1-Apr-02 31-Mar-03 KSM
00003766600 New Hampshire Insurance Co 1-Jun-02 31-May-03 KSM
The Yasuda Fire and Marine Insurance
TM910433500 Company, Limited 1-Apr-02 31-Mar-03 KSM
The Yasuda Fire and Marine Insurance
TM960479900 Company, Limited 1-Apr-02 31-Mar-03 KSM
00001034300 Somerset Group of Companies 1-Jan-02 31-Dec-02 KSM 2
The Yasuda Fire and Marine Insurance
00004080500 Company, Limited 1-Apr-02 31-Mar-03 KSM
TM960480000 The Yasuda Fire and Marine Insurance 1-Apr-02 31-Mar-03 KSM
A-3-36
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003983300 2002 5th Mar W/A XL - WA5 0060 OM Treaty X/S
TM912497300 2002 A2 Risk Non Energy X/l 0060 OM Treaty X/S
TM920051200 2002 A3 Risk X/L 0060 OM Treaty X/S
TM932310400 2002 A4 Risk X/L 0060 OM Treaty X/S
TM960079600 2002 B1 Risk Back-up X/L 0060 OM Treaty X/S
00003655200 2002 Cargo 1st X/L 0060 OM Treaty X/S
TM330949000 2002 CARGO 1ST X/L EXCL. JP EQ 0060 OM Treaty X/S
TM870857700 2002 CARGO 2ND X/L EXCL. JP EQ 0060 OM Treaty X/S
00004064100 2002 Cargo 2nd XL 0060 OM Treaty X/S
00003655300 2002 Cargo 3nd X/L 0060 OM Treaty X/S
00001386700 2002 Cargo 3rd X/L 0060 OM Treaty X/S
TM900796200 2002 CARGO 3RD X/L IRO JP EQ ONLY 0060 OM Treaty X/S
TM900796300 2002 CARGO 4TH X/L IRO JP EQ ONLY 0060 OM Treaty X/S
00003655400 2002 Cargo 4thX/L 0060 OM Treaty X/S
00003655500 2002 Cargo 5th X/L 0060 OM Treaty X/S
TO970425800 2002 Cargo XL 0060 OM Treaty X/S
00003979700 2002 E2 Risk Energy 0060 OM Treaty X/S
00002646000 2002 GEN MAR 3RD X/L 0060 OM Treaty X/S
00002939900 2002 Gen Mar 3rd X/L 0060 OM Treaty X/S
TM550930700 2002 GEN'L MAR (EX RIG) 1ST XS 0060 OM Treaty X/S
TM901280000 2002 GEN'L MAR (EX RIG) 2ND XS 0060 OM Treaty X/S
00003598500 2002 Hull & Cargo X/L 0060 OM Treaty X/S
00003567100 2002 Liability 1st X/L 0060 OM Treaty X/S
00003567400 2002 Liability 4th X/L 0060 OM Treaty X/S
00003582200 2002 Liability Specific A1 0060 OM Treaty X/S
00003559100 2002 Mar Gen Occ X/L - C5 0060 OM Treaty X/S
00003559200 2002 Mar Gen Occ X/L - C6 0060 OM Treaty X/S
00003979600 2002 Mar Gen Occ X/L - C7 0060 OM Treaty X/S
TM950003100 2002 Mar Gen Rsk/Occ 1st XL-C1 0060 OM Treaty X/S
TM950003300 2002 Mar Gen Rsk/Occ 3rd XL-C3 0060 OM Treaty X/S
TM950003400 2002 Mar Gen Rsk/Occ 4th XL-C4 0060 OM Treaty X/S
TM950003200 2002 Mar Gen Rsk/Occ XL-C2 0060 OM Treaty X/S
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003983300 Somerset Group of Companies 1-Jan-02 31-Dec-02 KSM
TM912497300 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM
TM920051200 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM
TM932310400 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM
TM960079600 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM
00003655200 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 KSM 2
TM330949000 Tokio Marine & Fire Insurance Co Ltd 1-Apr-02 31-Mar-03 KSM
TM870857700 Tokio Marine & Fire Insurance Co Ltd 1-Apr-02 31-Mar-03 KSM
00004064100 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 KSM
00003655300 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 KSM 2
The Yasuda Fire and Marine Insurance
00001386700 Company, Limited 1-Apr-02 31-Mar-03 KSM 2
TM900796200 Tokio Marine & Fire Insurance Co Ltd 1-Apr-02 31-Mar-03 KSM
TM900796300 Tokio Marine & Fire Insurance Co Ltd 1-Apr-02 31-Mar-03 KSM
00003655400 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 KSM 2
00003655500 Nipponkoa Insurance Company Limited 1-Apr-02 31-Mar-03 KSM 2
TO970425800 Assa (Administracion De Seg. S.A.) 1-Apr-02 31-Mar-03 RSP
00003979700 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM
00002646000 Hartford Fire Insurance Co 1-Jun-02 31-May-03 KSM 2
00002939900 Westport Insurance Corporation 1-Jan-02 31-Dec-02 KSM 2
TM550930700 Hartford Fire Insurance Co 1-Jun-02 31-May-03 KSM
TM901280000 Hartford Fire Insurance Co 1-Jun-02 31-May-03 KSM
00003598500 Scottsdale Insurance Company 20-Feb-02 31-Mar-03 KSM 2
00003567100 Chubb & Son, Inc. 1-Jan-02 31-Dec-02 KSM 2
00003567400 Chubb & Son, Inc. 1-Jan-02 31-Dec-02 KSM 2
00003582200 Somerset Group of Companies 1-Jan-02 31-Dec-02 KSM 2
00003559100 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM 2
00003559200 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM 2
00003979600 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM
TM950003100 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM
TM950003300 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM
TM950003400 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM
TM950003200 Mutual Marine Office, Inc. 1-Jan-02 31-Dec-02 KSM
A-3-37
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00001284800 2002 Mar Rsk XL 0060 OM Treaty X/S
00000925500 2002 Marine 1st X/L 0060 OM Treaty X/S
00000925600 2002 Marine 2nd X/L 0060 OM Treaty X/S
00000925700 2002 Marine 3rd X/L 0060 OM Treaty X/S
00000925800 2002 Marine 4th X/L 0060 OM Treaty X/S
00001421400 2002 Marine Cargo 3rd CAT X/L 0060 OM Treaty X/S
00004048900 2002 Marine Cargo XL 0060 OM Treaty X/S
00004049000 2002 Marine Cargo XL 0060 OM Treaty X/S
00004049100 2002 Marine Cargo XL 0060 OM Treaty X/S
00004049200 2002 Marine Cargo XL 0060 OM Treaty X/S
00002949600 2002 Marine Hull XL 3rd Layer 0060 OM Treaty X/S
00003598600 2002 P&I / Liabs X/L 0060 OM Treaty X/S
00003591200 2002 Risk (Ex Liabs) B1 0060 OM Treaty X/S
00003036100 2002 Royal Spcty 2nd x/l 0060 OM Treaty X/S
00003036300 2002 Royal Spcty 3rd x/l 0060 OM Treaty X/S
00003511200 2002 Royal Spcty 4th x/l 0060 OM Treaty X/S
00003036000 2002 Royalty Spcty 1st X/L 0060 OM Treaty X/S
00002340300 2002 RSK/OCC XL- O1 0060 OM Treaty X/S
00003578500 2002 Tidewater Hull & P&I 0060 OM Treaty X/S
00003555500 2002 UMS 4th X/L 0060 OM Treaty X/S
00003599500 2002 W/A 2nd Clash X/L 0060 OM Treaty X/S
00003598700 2002 W/A 2nd Risk XL 0060 OM Treaty X/S
00003599600 2002 W/A 3rd Clash X/L 0060 OM Treaty X/S
00003599000 2002 W/A Clash 1st X/L 0060 OM Treaty X/S
00000786100 2002 Yacht 3rd X/L 0060 OM Treaty X/S
00002897900 2002 Farm Pollution QS 0302 First Dollar G/L
00004130300 2002 Misc. E&O 0302 First Dollar G/L
00003935900 2002 Neonatal Carve Out 0420 Healthcare P/R
00004047900 2002 EDH Fully Insured 0420 Healthcare P/R
00003749400 2002 4th XOL 0130 NA Cas Tty P/R
00003749500 2002 5th XOL 0130 NA Cas Tty P/R
TC950616200 2002 COMBINED CASUALTY QUOTA SHARE 0130 NA Cas Tty P/R
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00001284800 Travelers Indemnity Company 1-Mar-02 28-Feb-03 KSM 2
00000925500 Commerical Union Insurance Company (USA) 1-Jan-02 31-Dec-02 KSM 2
00000925600 Commerical Union Insurance Company (USA) 1-Jan-02 31-Dec-02 KSM 2
00000925700 Commerical Union Insurance Company (USA) 1-Jan-02 31-Dec-02 KSM 2
00000925800 Commerical Union Insurance Company (USA) 1-Jan-02 31-Dec-02 KSM 2
The Yasuda Fire and Marine Insurance
00001421400 Company, Limited 1-Apr-02 31-Mar-03 KSM 2
00004048900 Aseguradora Mundial, S.A. 1-Apr-02 31-Mar-03 RSP
00004049000 Aseguradora Mundial, S.A. 1-Apr-02 31-Mar-03 RSP
00004049100 Aseguradora Mundial, S.A. 1-Apr-02 31-Mar-03 RSP
00004049200 Aseguradora Mundial, S.A. 1-Apr-02 31-Mar-03 RSP
00002949600 Ingosstrakh 1-Jan-02 31-Dec-02 DMD 2
00003598600 Scottsdale Insurance Company 20-Feb-02 31-Mar-03 KSM 2
00003591200 Somerset Group of Companies 1-Jan-02 31-Dec-02 KSM 2
00003036100 Royal Indemnity Company 1-Jan-02 31-Dec-02 KSM 2
00003036300 Royal Indemnity Company 1-Jan-02 31-Dec-02 KSM 2
00003511200 Royal Indemnity Company 1-Jan-02 31-Dec-02 KSM 2
00003036000 Royal Indemnity Company 1-Jan-02 31-Dec-02 KSM 2
00002340300 Somerset Group of Companies 1-Jan-02 31-Dec-02 KSM 2
00003578500 Pental Insurance Co., Ltd. 1-Apr-02 31-Mar-03 KSM 2
00003555500 Westport Insurance Corporation 1-Jan-02 31-Dec-02 KSM 2
00003599500 Scottsdale Insurance Company 20-Feb-02 31-Mar-03 KSM 2
00003598700 Scottsdale Insurance Company 20-Feb-02 31-Mar-03 KSM 2
00003599600 Scottsdale Insurance Company 20-Feb-02 31-Mar-03 KSM 2
00003599000 Scottsdale Insurance Company 20-Feb-02 31-Mar-03 KSM 2
00000786100 National Marine Underwriters, Incorp 1-Jan-02 31-Dec-02 KSM 2
00002897900 American Agricultural Ins Co 1-Jul-02 30-Jun-03 THEIN 2
00004130300 Chubb Insurance Co of NJ 1-Jul-02 30-Jun-03 ASARI 2
00003935900 Combined Insurance Company of America 1-Mar-02 28-Feb-03 EKOUR 2
00004047900 North Carolina Mutual Life Insurance Company 1-May-02 30-Apr-03 JTHOM 2
00003749400 Minnesota Lawyers Mut Ins Co 19-Apr-02 18-Apr-03 ASARI 2
00003749500 Minnesota Lawyers Mut Ins Co 19-Apr-02 18-Apr-03 ASARI 2
TC950616200 Royal Indemnity Company 1-Jun-02 31-May-03 JBEND 2
A-3-38
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003252700 2002 Casualty Excess Cessions treat 0130 NA Cas Tty P/R
00004149900 2002 2nd Umbrella QS 0130 NA Cas Tty P/R
TC970846900 2002 UMBRELLA Q/S 0130 NA Cas Tty P/R
00003361800 2002 Reps & Warr. Ins./ Contingent 0130 NA Cas Tty P/R
00001734000 2002 Umbrella Quota Share 0130 NA Cas Tty P/R
00003211200 2002 D&O Liability Q/S 0130 NA Cas Tty P/R
00003658700 2002 1st Casualty Excess 0140 NA Cas Tty X/S
00003658800 2002 2nd Casualty Excess 0140 NA Cas Tty X/S
00003764900 2002 4th Excess of Loss 0140 NA Cas Tty X/S
00003611100 2002 Calypso - Cas XOL 0140 NA Cas Tty X/S
00003583500 2002 First Casualty Excess of Loss 0140 NA Cas Tty X/S
00001794900 2002 6th Prop Cat 0140 NA Cas Tty X/S
00004150000 2002 1st Blanket XOL 0140 NA Cas Tty X/S
TP000468700 2002 3rd Prop Cat 0140 NA Cas Tty X/S
TP931508600 2002 4th Prop Cat 0140 NA Cas Tty X/S
TP941427600 2002 5th Prop Cat 0140 NA Cas Tty X/S
00003615700 2002 Commercial Auto XOL 0140 NA Cas Tty X/S
00003140500 2002 Umb 2nd XOL Cession 0140 NA Cas Tty X/S
00003140600 2002 2nd Casualty Excess of Loss 0140 NA Cas Tty X/S
00003717200 2002 Umbrella First Excess 0140 NA Cas Tty X/S
00004121000 2002 3rd Workers Comp XOL 0140 NA Cas Tty X/S
00004096200 2002 Combination Excess of Loss 0140 NA Cas Tty X/S
00000503400 2002 First Casualty XOL 0140 NA Cas Tty X/S
00004106700 2002 First Layer XOL 0140 NA Cas Tty X/S
00004126000 2002 Umbrella QS 0140 NA Cas Tty X/S
00004127100 2002 CL - Casualty Clash Excess 0147 NA Cas Tty X/S Clash
00003658900 2002 CL WC - 3rd Casualty Clash 0147 NA Cas Tty X/S Clash
00003659000 2002 CL WC - 4th Casualty Clash 0147 NA Cas Tty X/S Clash
00003764900 2002 4 CL 0147 NA Cas Tty X/S Clash
TC931838800 2002 CL WC - Second Cas Clash XL 0147 NA Cas Tty X/S Clash
TC931839000 2002 3rd Cas Clash XL 0147 NA Cas Tty X/S Clash
TC931839000 2002 CL WC - 3rd Cas Clash XL 0147 NA Cas Tty X/S Clash
00004130100 2002 1 WC 0147 NA Cas Tty X/S Clash
00004130200 2002 2 WC 0147 NA Cas Tty X/S Clash
M0000374400 2002 3 CL WC 0147 NA Cas Tty X/S Clash
M0000374500 2002 4CL WC 0147 NA Cas Tty X/S Clash
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003252700 Royal Insurance Company Of America 1-Jun-02 31-May-03 JBEND 2
00004149900 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 JBEND 2
TC970846900 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 JBEND 2
00003361800 Hartford Fire Insurance Co 1-Jul-02 30-Jun-03 ASARI 2
00001734000 Millers First Insurance Companies 1-Jul-02 30-Jun-03 THEIN 2
00003211200 Royal Specialty Underwriters 1-Jul-02 30-Jun-03 JYULG 2
00003658700 Insurance Corp of Hannover 1-May-02 30-Apr-03 KFRY 2
00003658800 Insurance Corp of Hannover 1-May-02 30-Apr-03 KFRY 2
00003764900 Security National Insurance Company 1-May-02 30-Apr-03 BENKO 2
00003611100 National Interstate Ins Co 1-Jun-02 31-May-03 THEIN 2
00003583500 Protective Insurance Company 1-Jun-02 31-May-03 KFRY 2
00001794900 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 JRODD 2
00004150000 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 JBEND 2
TP000468700 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 JRODD 2
TP931508600 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 JRODD 2
TP941427600 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 JRODD 2
00003615700 Capital City Insurance Company, Inc. 1-Jul-02 30-Jun-03 THEIN 2
00003140500 Farmland Mutual Insurance Co 1-Jul-02 30-Jun-03 SSCHU 2
00003140600 Farmland Mutual Insurance Co 1-Jul-02 30-Jun-03 SSCHU 2
00003717200 Farmland Mutual Insurance Co 1-Jul-02 30-Jun-03 SSCHU 2
00004121000 Farmland Mutual Insurance Co 1-Jul-02 30-Jun-03 SSCHU 2
00004096200 Great Lakes Mutual Ins Co 1-Jul-02 30-Jun-03 THEIN 2
00000503400 Millers First Insurance Companies 1-Jul-02 30-Jun-03 THEIN 2
00004106700 TIG Insurance Company 1-Jul-02 30-Jun-03 TKELL 2
00004126000 TIG Insurance Company 1-Jul-02 30-Jun-03 TKELL 2
00004127100 Acceptance Insurance Company 1-May-02 30-Apr-03 THEIN 2
00003658900 Insurance Corp of Hannover 1-May-02 30-Apr-03 KFRY 2
00003659000 Insurance Corp of Hannover 1-May-02 30-Apr-03 KFRY 2
00003764900 Security National Insurance Company 1-May-02 30-Apr-03 BENKO 2
TC931838800 Amerisure Companies 1-Jul-02 30-Jun-03 KFRY 2
TC931839000 Amerisure Companies 1-Jul-02 30-Jun-03 KFRY 2
TC931839000 Amerisure Companies 1-Jul-02 30-Jun-03 KFRY 2
00004130100 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 MSMIL 2
00004130200 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 MSMIL 2
M0000374400 Employers Insurance of Wausau 1-Jul-02 30-Jun-03 MSMIL 2
M0000374500 Employers Insurance of Wausau 1-Jul-02 30-Jun-03 MSMIL 2
A-3-39
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
TC865425100 2002 1 CL WC 0147 NA Cas Tty X/S Clash
TC882523200 2002 2 CL WC 0147 NA Cas Tty X/S Clash
00000503100 2002 CL - 2nd Casualty (Clash) 0147 NA Cas Tty X/S Clash
TC970028400 2002 PRIMARY C & P Q/S 0302 First Dollar G/L
4130300 2002 Misc. E&O 0130 NA Cas Tty P/R
TC920676000 2002 CASUALTY SURPLUS 0130 NA Cas Tty P/R
M0000572900 2002 Investment Advisors E&O 0140 NA Cas Tty X/S
TC971066300 2002 2ND CAS RSK 0140 NA Cas Tty X/S
TC971066100 2002 FIRST CAS RSK XOL 0140 NA Cas Tty X/S
TC882643400 2002 3rd Casualty XOL 0140 NA Cas Tty X/S
3738900 2002 4th Casualty XOL 0140 NA Cas Tty X/S
3739100 2002 1st Casualty XOL 0140 NA Cas Tty X/S
TC920675900 2002 CASUALTY XOL 0140 NA Cas Tty X/S
M0000477600 2002 2ND CAS XOL 0147 NA Cas Tty X/S Clash
M0000477700 2002 3RD CAS XOL 0147 NA Cas Tty X/S Clash
M0000477800 2002 4TH CAS XOL 0147 NA Cas Tty X/S Clash
TC931098100 2002 2nd Cas Clash 0147 NA Cas Tty X/S Clash
3732600 2002 2nd Cas Clash 0147 NA Cas Tty X/S Clash
1756500 2002 3rd Cas Excess 0147 NA Cas Tty X/S Clash
2931000 2002 Third Casualty XOL 0147 NA Cas Tty X/S Clash
TC872047500 2002 FIRST CASUALTY EXCESS OF LOSS 0147 NA Cas Tty X/S Clash
TC911510400 2002 2ND CASUALTY XS 0147 NA Cas Tty X/S Clash
2247700 2002 3rd Casualty XOL 0147 NA Cas Tty X/S Clash
3264100 2002 1ST CASUALTY CLASH 0147 NA Cas Tty X/S Clash
M0000515200 2002 2ND CASUALTY CLASH 0147 NA Cas Tty X/S Clash
M0000515300 2002 3RD CASUALTY CLASH 0147 NA Cas Tty X/S Clash
00004114600 2002 First Cat Excess 0031 NA Ppty Tty X/S Cat
TP930640600 2002 2nd Prop Cat 0031 NA Ppty Tty X/S Cat
TP930640700 2002 3rd Prop Cat 0031 NA Ppty Tty X/S Cat
00003256900 2002 1st Catastrophe Excess 0031 NA Ppty Tty X/S Cat
00003257000 2002 1st Catastrophe Excess 0031 NA Ppty Tty X/S Cat
00004113600 2002 3rd Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004125000 2002 3rd Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003041800 2002 ist Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003041900 2002 2nd Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003042000 2002 3rd Catastrophe XOL 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
TC865425100 Employers Insurance of Wausau 1-Jul-02 30-Jun-03 MSMIL 2
TC882523200 Employers Insurance of Wausau 1-Jul-02 30-Jun-03 MSMIL 2
00000503100 Millers First Insurance Companies 1-Jul-02 30-Jun-03 THEIN 2
TC970028400 Great American Insurance Co 9/1/2002 8/31/2003 JBEND
4130300 Chubb & Son 7/1/2002 6/30/2003 ASARI
TC920676000 Great American Insurance Co 9/1/2002 8/31/2003 JBEND
American International Group, (Duplicate
M0000572900 Record) 7/1/2002 6/30/2003 ASARI
TC971066300 Firemans Fund Insurance Co 7/1/2002 6/30/2003 JBEND
TC971066100 Firemans Fund Insurance Co 7/1/2002 6/30/2003 JBEND
TC882643400 Michigan Municipal Risk Mgmt Authority 7/1/2002 6/30/2003 RDAVI
3738900 Michigan Municipal Risk Mgmt Authority 7/1/2002 6/30/2003 RDAVI
3739100 Michigan Municipal Risk Mgmt Authority 7/1/2002 6/30/2003 RDAVI
TC920675900 Great American Insurance Co 9/1/2002 8/31/2003 JBEND
M0000477600 Royal & SunAlliance USA, Inc. 5/1/2002 4/30/2003 JGEAR
M0000477700 Royal & SunAlliance USA, Inc. 5/1/2002 4/30/2003 JGEAR
M0000477800 Royal & SunAlliance USA, Inc. 5/1/2002 4/30/2003 JGEAR
TC931098100 AAA-Mid Atlantic (Keystone) 7/1/2002 6/30/2003 MSMIL
3732600 ACE USA 7/1/2002 6/30/2003 MSMIL
1756500 American Modern Home Ins Co 7/1/2002 6/30/2003 JGEAR
2931000 Metropolitan Casualty Ins Co 7/1/2002 6/30/2003 MSMIL
TC872047500 Metropolitan Prop & Cas Ins Co 7/1/2002 6/30/2003 MSMIL
TC911510400 Metropolitan Prop & Cas Ins Co 7/1/2002 6/30/2003 MSMIL
2247700 Royal Specialty 7/1/2002 6/30/2003 JGEAR
3264100 Scottsdale Insurance Company 7/1/2002 6/30/2003 MSMIL
M0000515200 Scottsdale Insurance Company 7/1/2002 6/30/2003 MSMIL
M0000515300 Scottsdale Insurance Company 7/1/2002 6/30/2003 MSMIL
00004114600 Gulf Insurance Company 1-Jul-02 30-Jun-03 SZILI
TP930640600 Gulf Insurance Company 1-Jul-02 30-Jun-03 SZILI
TP930640700 Gulf Insurance Company 1-Jul-02 30-Jun-03 SZILI
00003256900 Factory Mutual Insurance Company 1-Jul-02 30-Jun-03 SZILI
00003257000 Factory Mutual Insurance Company 1-Jul-02 30-Jun-03 SZILI
00004113600 Factory Mutual Insurance Company 1-Jul-02 30-Jun-03 SZILI
00004125000 Factory Mutual Insurance Company 1-Jul-02 30-Jun-03 SZILI
00003041800 Farmland Mutual Insurance Co 1-Jul-02 30-Jun-03 SZILI
00003041900 Farmland Mutual Insurance Co 1-Jul-02 30-Jun-03 SZILI
00003042000 Farmland Mutual Insurance Co 1-Jul-02 30-Jun-03 SZILI
A-3-40
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
TP970787800 2002 4th Prop Per Risk 0030 NA Ppty Tty X/S Risk
TP971013100 2002 4th Prop Per Risk 0030 NA Ppty Tty X/S Risk
00003110300 2002 Property Quota Share 0010 NA Ppty Tty P/R
TP000636800 2002 1st Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
TP931404300 2002 2nd Property Per Risk XOL 0030 NA Ppty Tty X/S Risk
TP931082800 2002 B-3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP931082900 2002 B-4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970861500 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970862000 2002 B-2nd PropertyCat XOL 0031 NA Ppty Tty X/S Cat
TP970248000 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970248200 2002 B-2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970248300 2002 B-3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003058200 2002 B-3rd Property Cat 0031 NA Ppty Tty X/S Cat
TP961540100 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961540300 2002 B-2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970881800 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970881900 2002 B-2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP970882000 2002 B-3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961600100 2002 B-1st Property Cat/Aggr XOL 0031 NA Ppty Tty X/S Cat
00000738400 2002 B-4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961545400 2002 B-3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961545500 2002 B-2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961545800 2002 B-2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961599000 2002 B-3rd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP971069700 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP971069900 2002 B-3rd Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP971070000 2002 B-4th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP971070100 2002 B-5th Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP971078100 2002 B-2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
00002050400 2002 1ST Property Catastrophe CAD 0031 NA Ppty Tty X/S Cat
TP931505100 2002 1ST PROPERTY CATASTROPHE XOL 0031 NA Ppty Tty X/S Cat
TP931505100 2002 1ST PROPERTY CATASTROPHE XOL 0031 NA Ppty Tty X/S Cat
00000084700 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003675700 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
TP910265001 2002 2nd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002273900 2002 B-1st Agg Excess of Loss 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
TP970787800 Hartford Steam Boiler I & I CT 1-Jul-02 30-Jun-03 SZILI
TP971013100 Hartford Steam Boiler I & I CT 1-Jul-02 30-Jun-03 SZILI
00003110300 Houston Casualty Company 1-Jan-02 31-Dec-02 SZILI
TP000636800 Nationwide Mutual Ins Co 1-Jul-02 30-Jun-03 SZILI
TP931404300 Nationwide Mutual Ins Co 1-Jul-02 30-Jun-03 SZILI
TP931082800 Pawtucket Mutual Ins Co 1-Jul-02 30-Jun-03 SZILI
TP931082900 Pawtucket Mutual Ins Co 1-Jul-02 30-Jun-03 SZILI
TP970861500 Pawtucket Mutual Ins Co 1-Jul-02 30-Jun-03 SZILI
TP970862000 Pawtucket Mutual Ins Co 1-Jul-02 30-Jun-03 SZILI
TP970248000 Peninsula Insurance Co 1-Apr-02 31-Mar-03 SZILI
TP970248200 Peninsula Insurance Co 1-Apr-02 31-Mar-03 SZILI
TP970248300 Peninsula Insurance Co 1-Apr-02 31-Mar-03 SZILI
00003058200 Penn Mutual Insurance Company 1-Jan-02 31-Dec-02 SZILI
TP961540100 Penn Mutual Insurance Company 1-Jan-02 31-Dec-02 SZILI
TP961540300 Penn Mutual Insurance Company 1-Jan-02 31-Dec-02 SZILI
TP970881800 Preferred Mutual Ins Co 1-Jul-02 30-Jun-03 SZILI
TP970881900 Preferred Mutual Ins Co 1-Jul-02 30-Jun-03 SZILI
TP970882000 Preferred Mutual Ins Co 1-Jul-02 30-Jun-03 SZILI
TP961600100 Priority One Insurance Company 1-Jan-02 31-Dec-02 SZILI
00000738400 Rockingham Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
TP961545400 Rockingham Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
TP961545500 Rockingham Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
TP961545800 Rockingham Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
TP961599000 Rockingham Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
TP971069700 Security Mutual Insurance Co 1-Jul-02 30-Jun-03 SZILI
TP971069900 Security Mutual Insurance Co 1-Jul-02 30-Jun-03 SZILI
TP971070000 Security Mutual Insurance Co 1-Jul-02 30-Jun-03 SZILI
TP971070100 Security Mutual Insurance Co 1-Jul-02 30-Jun-03 SZILI
TP971078100 Security Mutual Insurance Co 1-Jul-02 30-Jun-03 SZILI
00002050400 Travelers Corporation 1-Jul-02 30-Jun-03 SZILI
TP931505100 Travelers Corporation 1-Jul-02 30-Jun-03 SZILI
TP931505100 Travelers Corporation 1-Jul-02 30-Jun-03 SZILI
00000084700 USA Insurance 1-Jun-02 31-May-03 SZILI
00003675700 Utica Mutual Insurance Co 1-Jul-02 30-Jun-03 SZILI
TP910265001 Utica Mutual Insurance Co 1-Jul-02 30-Jun-03 SZILI
00002273900 Wayne Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
A-3-41
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00004072300 2002 B-2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
TP961585500 2002 B-1st Property Cat XOL 0031 NA Ppty Tty X/S Cat
TP961585600 2002 B-2nd Property Cat XOL 0031 NA Ppty Tty X/S Cat
00003920000 2002 B-1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00003960300 2002 B-1st Aggregate XOL 0031 NA Ppty Tty X/S Cat
00003960400 2002 B-2nd Aggregate XOL 0031 NA Ppty Tty X/S Cat
00001799800 2002 Genl Mar 1st X/L 0060 OM Treaty X/S
00001799900 2002 Genl Mar 2nd X/L 0060 OM Treaty X/S
00001800000 2002 Genl Mar 3rd X/L 0060 OM Treaty X/S
00002593100 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00002661400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002708200 2002 2nd Fire Cat XOL - 3yrs. 0091 Intl Ppty Tty X/S Cat
00002708300 2002 3rd Fire Cat. XOL - 3yrs. 0091 Intl Ppty Tty X/S Cat
00002708400 2002 4th Fire Cat. XOL - 3yrs. 0091 Intl Ppty Tty X/S Cat
00002741500 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002829200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003034000 2002 Home Owners/Mortgage Port. CXL 0091 Intl Ppty Tty X/S Cat
00003217100 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003217200 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003267400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003267600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003269900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003278500 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003283000 2002 Gen'l Mar 4th X/L 0060 OM Treaty X/S
00003286200 2002 Zurich American Int'l Cat XL 0091 Intl Ppty Tty X/S Cat
00003291200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003291900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003292000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003293400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003301200 2002 Covenant Uwrs X/L 0060 OM Treaty X/S
00003301300 2002 Covenant Uwrs B/U X/L 0060 OM Treaty X/S
00003302100 2002 Common Account XL 0091 Intl Ppty Tty X/S Cat
00003307400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003307600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003307700 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003309100 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003329400 2002 Motor, WC, El & GTPL-1st XOL 0100 Intl Casualty Tty
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00004072300 Wayne Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
TP961585500 Wayne Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
TP961585600 Wayne Mutual Insurance Co 1-Jan-02 31-Dec-02 SZILI
00003920000 White Hall Mutual Ins Co 1-Jan-02 31-Dec-02 SZILI
00003960300 Woodville Mutual Insurance Company 1-Jan-02 1-Jan-03 SZILI
00003960400 Woodville Mutual Insurance Company 1-Jan-02 1-Jan-03 SZILI
00001799800 Zurich American Insurance Co 1-Jul-02 30-Jun-03 KSM
00001799900 Zurich American Insurance Co 1-Jul-02 30-Jun-03 KSM
00001800000 Zurich American Insurance Co 1-Jul-02 30-Jun-03 KSM
00002593100 National General Insurance Corporation 1-Jul-02 30-Jun-03 RSP
00002661400 Agricola De Seguros 1-Jul-02 30-Jun-03 RSP
00002708200 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM
00002708300 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM
00002708400 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM
00002741500 Universal America 1-Jul-02 30-Jun-03 RSP
00002829200 Universal America 1-Jul-02 30-Jun-03 RSP
00003034000 AXA Chile Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
00003217100 National General Insurance Corporation 1-Jul-02 30-Jun-03 RSP
00003217200 National General Insurance Corporation 1-Jul-02 30-Jun-03 RSP
00003267400 Agricola De Seguros 1-Jul-02 30-Jun-03 RSP
00003267600 Agricola De Seguros 1-Jul-02 30-Jun-03 RSP
00003269900 Agricola De Seguros 1-Jul-02 30-Jun-03 RSP
00003278500 Cia. Nacional De Seguros C Por A 1-Jul-02 30-Jun-03 RSP
00003283000 Zurich American Insurance Co 1-Jul-02 30-Jun-03 KSM
00003286200 Zurich American Insurance Co 1-Jul-02 30-Jun-03 LYM
00003291200 La Intercontinental De Seguros 1-Jul-02 30-Jun-03 RSP
00003291900 Commercial America 1-Jul-02 30-Jun-03 RSP
00003292000 Commercial America 1-Jul-02 30-Jun-03 RSP
00003293400 Commercial America 1-Jul-02 30-Jun-03 RSP
00003301200 AXA Group 1-Aug-02 31-Jul-03 KSM
00003301300 AXA Group 1-Aug-02 31-Jul-03 KSM
00003302100 Commercial America 1-Jul-02 30-Jun-03 RSP
00003307400 Seguros Bital S.A. (Mexico) 1-Aug-02 31-Jul-03 RSP
00003307600 Seguros Bital S.A. (Mexico) 1-Aug-02 31-Jul-03 RSP
00003307700 Seguros Bital S.A. (Mexico) 1-Aug-02 31-Jul-03 RSP
00003309100 Universal America 1-Jul-02 30-Jun-03 RSP
00003329400 United India Insurance Company Limited 1-Aug-02 31-Jul-03 EYM
A-3-42
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003329500 2002 Motor, WC, EL & GTPL - 2nd XOL 0100 Intl Casualty Tty
00003329600 2002 Motor, WC, EL & GTPL - 3rd XOL 0100 Intl Casualty Tty
00003689800 2002 Catastrophe First XOL 0091 Intl Ppty Tty X/S Cat
00003689900 2002 Catastrophe Second XOL 0091 Intl Ppty Tty X/S Cat
00003690000 2002 Catastrophe Fifth XOL 0091 Intl Ppty Tty X/S Cat
00003718700 2002 Property Cat. - 4th XOL 0091 Intl Ppty Tty X/S Cat
00003720600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003726900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003727000 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003727100 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003736400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003736500 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003736600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003736700 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003736800 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003738200 2002 Banco Agricola Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003738300 2002 Banco Agricola Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003738400 2002 Banco Agricola Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003738500 2002 Banco Agricola Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003738600 2002 Banco Agricola Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003741100 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003741200 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003741300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003743800 2002 Additional Retention Risk xl 0091 Intl Ppty Tty X/S Cat
00003745300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003745500 2002 Additional Retention Risk XL 0091 Intl Ppty Tty X/S Cat
00003745700 2002 Additional Retention Risk XL 0091 Intl Ppty Tty X/S Cat
00003747500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003747600 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003747700 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003747800 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003747900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003750000 2002 Fire Cat Xl 0091 Intl Ppty Tty X/S Cat
00003755400 2002 P.Rico Cat XL 0091 Intl Ppty Tty X/S Cat
00003756400 2002 Property Cat. XL 0091 Intl Ppty Tty X/S Cat
00003756500 2002 Property Cat. XL 0091 Intl Ppty Tty X/S Cat
00003757300 2002 Prop. Cat XL cov'g offices/com 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003329500 United India Insurance Company Limited 1-Aug-02 31-Jul-03 EYM
00003329600 United India Insurance Company Limited 1-Aug-02 31-Jul-03 EYM
00003689800 Allianz Insurance Limited, Australia 1-Jul-02 30-Jun-03 EYM
00003689900 Allianz Insurance Limited, Australia 1-Jul-02 30-Jun-03 EYM
00003690000 Allianz Insurance Limited, Australia 1-Jul-02 30-Jun-03 EYM
00003718700 Territory Insurance Office 1-Jul-02 30-Jun-03 EYM
00003720600 La Intercontinental De Seguros 1-Jul-02 30-Jun-03 RSP
00003726900 ING Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
00003727000 ING Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
00003727100 ING Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
00003736400 Seguros Atlas, S.A. Sociedad Anonima 1-Jul-02 30-Jun-03 RSP
00003736500 Seguros Atlas, S.A. Sociedad Anonima 1-Jul-02 30-Jun-03 RSP
00003736600 Seguros Atlas, S.A. Sociedad Anonima 1-Jul-02 30-Jun-03 RSP
00003736700 Seguros Atlas, S.A. Sociedad Anonima 1-Jul-02 30-Jun-03 RSP
00003736800 National General Insurance Corporation 1-Jul-02 30-Jun-03 RSP
00003738200 Aseguradora Suiza Salvadorena S.A. 1-Jul-02 30-Jun-03 SREDL
00003738300 Aseguradora Suiza Salvadorena S.A. 1-Jul-02 30-Jun-03 SREDL
00003738400 Aseguradora Suiza Salvadorena S.A. 1-Jul-02 30-Jun-03 SREDL
00003738500 Aseguradora Suiza Salvadorena S.A. 1-Jul-02 30-Jun-03 SREDL
00003738600 Aseguradora Suiza Salvadorena S.A. 1-Jul-02 30-Jun-03 SREDL
00003741100 Seguros Bancomer S. A. de C. V. 1-Jul-02 30-Jun-03 RSP
00003741200 Seguros Bancomer S. A. de C. V. 1-Jul-02 30-Jun-03 RSP
00003741300 Seguros Bancomer S. A. de C. V. 1-Jul-02 30-Jun-03 RSP
00003743800 Compania Internacional De Seguros 1-Jul-02 30-Jun-03 RSP
00003745300 Seguros Inbursa, S.A. 1-Jul-02 30-Jun-03 RSP
00003745500 Compania Internacional De Seguros 1-Jul-02 30-Jun-03 RSP
00003745700 Compania Internacional De Seguros 1-Jul-02 30-Jun-03 RSP
00003747500 Aseguradora Suiza Salvadorena S.A. 1-Jul-02 30-Jun-03 RSP
00003747600 Aseguradora Suiza Salvadorena S.A. 1-Jul-02 30-Jun-03 RSP
00003747700 Aseguradora Suiza Salvadorena S.A. 1-Jul-02 30-Jun-03 RSP
00003747800 Aseguradora Suiza Salvadorena S.A. 1-Jul-02 30-Jun-03 RSP
00003747900 Aseguradora Suiza Salvadorena S.A. 1-Jul-02 30-Jun-03 RSP
00003750000 Cia. Nacional De Seguros C Por A 1-Jul-02 30-Jun-03 RSP
00003755400 ACE Group 1-Jul-02 30-Jun-03 RSP
00003756400 Compania Internacional De Seguros 1-Jul-02 30-Jun-03 RSP
00003756500 Compania Internacional De Seguros 1-Jul-02 30-Jun-03 RSP
00003757300 AXA Chile Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
A-3-43
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003762400 2002 Fire Excess of Loss 0091 Intl Ppty Tty X/S Cat
00003763400 2002 Energy Specific 0060 OM Treaty X/S
00003763500 2002 Liability Specific 0060 OM Treaty X/S
00003763900 2002 1st Marine General 0060 OM Treaty X/S
00003764000 2002 2nd Marine General 0060 OM Treaty X/S
00003764100 2002 3rd Marine General 0060 OM Treaty X/S
00003764200 2002 4th Marine General 0060 OM Treaty X/S
00003765600 2002 1st Recreational 0060 OM Treaty X/S
00003765700 2002 2nd Recreational X/L 0060 OM Treaty X/S
00003767000 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003767100 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003769500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00003770000 2002 Dwelling Cat XL 0091 Intl Ppty Tty X/S Cat
00003783600 2002 Canadian Yacht X/L 0060 OM Treaty X/S
00003896800 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003897100 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003897400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003973500 2002 ScotiaBank Cat XL 0091 Intl Ppty Tty X/S Cat
00003973600 2002 Scotiabank Cat XL 0091 Intl Ppty Tty X/S Cat
00003973700 2002 Scotiabank Cat XL 0091 Intl Ppty Tty X/S Cat
00003973800 2002 Scotiabank Cat XL 0091 Intl Ppty Tty X/S Cat
00003973900 2002 Scotiabank Cat XL 0091 Intl Ppty Tty X/S Cat
00004106200 2002 1st Ocean Marine XOL 0060 OM Treaty X/S
00004106300 2002 2nd Ocean Marine XOL 0060 OM Treaty X/S
00004117000 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004117200 2002 2L Cat XL on WW ex/USA,Can,Eur 0091 Intl Ppty Tty X/S Cat
00004117300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004121400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004121500 2002 Property Cat. - 1st layer 0091 Intl Ppty Tty X/S Cat
00004121600 2002 Property Cat. - 2nd XOL 0091 Intl Ppty Tty X/S Cat
00004121700 2002 Property Cat. - 3rd XOL 0091 Intl Ppty Tty X/S Cat
00004121800 2002 Property Cat. - 4th XOL 0091 Intl Ppty Tty X/S Cat
00004121900 2002 Property Cat. - 5th XOL 0091 Intl Ppty Tty X/S Cat
00004124300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004124500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004124600 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004125300 2002 Dwelling Cat XL 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003762400 Agricola De Seguros 1-Jul-02 30-Jun-03 RSP
00003763400 XL Specialty Insurance Company 1-Jul-02 30-Jun-03 KSM
00003763500 XL Specialty Insurance Company 1-Jul-02 30-Jun-03 KSM
00003763900 XL Specialty Insurance Company 1-Jul-02 30-Jun-03 KSM
00003764000 XL Specialty Insurance Company 1-Jul-02 30-Jun-03 KSM
00003764100 XL Specialty Insurance Company 1-Jul-02 30-Jun-03 KSM
00003764200 XL Specialty Insurance Company 1-Jul-02 30-Jun-03 KSM
00003765600 Lexington Insurance Company 1-Jun-02 31-May-03 KSM
00003765700 Lexington Insurance Company 1-Jun-02 31-May-03 KSM
00003767000 Mapfre Chile 1-Jul-02 30-Jun-03 RSP
00003767100 Mapfre Chile 1-Jul-02 30-Jun-03 RSP
00003769500 Universal Insurance Co (PR) 1-Jul-02 30-Jun-03 RSP
00003770000 La Centro Americana S.A. 30-Jul-02 30-Jul-03 RSP
00003783600 ACE INA Insurance Company 1-Aug-02 31-Jul-03 KSM
00003896800 Progreso Cia. de Seguros 1-Jul-02 30-Jun-03 RSP
00003897100 Progreso Cia. de Seguros 1-Jul-02 30-Jun-03 RSP
00003897400 Progreso Cia. de Seguros 1-Jul-02 30-Jun-03 RSP
00003973500 La Centro Americana S.A. 1-Jan-02 31-Dec-02 RSP
00003973600 La Centro Americana S.A. 1-Jan-02 31-Dec-02 RSP
00003973700 La Centro Americana S.A. 1-Jan-02 31-Dec-02 RSP
00003973800 La Centro Americana S.A. 1-Jan-02 31-Dec-02 RSP
00003973900 La Centro Americana S.A. 1-Jan-02 31-Dec-02 RSP
00004106200 Kemper Group 1-Jul-02 30-Jun-03 KSM
00004106300 Kemper Group 1-Jul-02 30-Jun-03 KSM
00004117000 Seguros Bancomer S. A. de C. V. 1-Jul-02 30-Jun-03 RSP
00004117200 Zurich American Insurance Co 1-Jul-02 30-Jun-03 LYM
00004117300 United Surety & Indemnity Co 1-Jul-02 30-Jun-03 RSP
00004121400 Mapfre Chile 1-Jul-02 30-Jun-03 RSP
00004121500 Suncorp Metway Insurance, Ltd. 1-Jul-02 30-Jun-03 EYM
00004121600 Suncorp Metway Insurance, Ltd. 1-Jul-02 30-Jun-03 EYM
00004121700 Suncorp Metway Insurance, Ltd. 1-Jul-02 30-Jun-03 EYM
00004121800 Suncorp Metway Insurance, Ltd. 1-Jul-02 30-Jun-03 EYM
00004121900 Territory Insurance Office 1-Jul-02 30-Jun-03 EYM
00004124300 Mapfre Chile 1-Jul-02 30-Jun-03 RSP
00004124500 Mapfre Chile 1-Jul-02 30-Jun-03 RSP
00004124600 Mapfre Chile 1-Jul-02 30-Jun-03 RSP
00004125300 La Centro Americana S.A. 30-Jul-02 30-Jul-03 RSP
A-3-44
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00004125400 2002 Dwelling Cat XL 0091 Intl Ppty Tty X/S Cat
00004125500 2002 Dwelling Cat XL 0091 Intl Ppty Tty X/S Cat
00004125600 2002 Dwelling Cat XL 0091 Intl Ppty Tty X/S Cat
00004126600 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004126700 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004126800 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004128000 2002 Home Owners/Mortgage Port. CXL 0091 Intl Ppty Tty X/S Cat
00004128100 2002 Home Owners/Mortgage Port. CXL 0091 Intl Ppty Tty X/S Cat
00004128200 2002 Home Owners/Mortgage Port. CXL 0091 Intl Ppty Tty X/S Cat
00004128400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00004128800 2002 Common Account XL 0091 Intl Ppty Tty X/S Cat
00004128900 2002 Common Account XL 0091 Intl Ppty Tty X/S Cat
00004129000 2002 Common Account XL 0091 Intl Ppty Tty X/S Cat
00004129400 2002 Gen'l Mar 5th X/L 0060 OM Treaty X/S
00004132600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00004132900 2002 Shortfall Risk XL 0090 Intl Ppty Tty X/S Risk
00004133000 2002 Engineering Working XL 0090 Intl Ppty Tty X/S Risk
00004134500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004134600 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004134700 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004134800 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004134900 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004135000 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004135100 2002 Fire Risk XL 0090 Intl Ppty Tty X/S Risk
00004135200 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004135300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004135400 2002 Fire Risk XL 0091 Intl Ppty Tty X/S Cat
00004135500 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004135600 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004135700 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004138100 2002 5th Marine General XL 0060 OM Treaty X/S
00004138200 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004138300 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004138400 2002 Property Cat XL 0091 Intl Ppty Tty X/S Cat
00004139700 2002 Motor, EC/EL, PL XOL-1st layer 0100 Intl Casualty Tty
00004139800 2002 Motor, EC/EL, PL XOL-2nd layer 0100 Intl Casualty Tty
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00004125400 La Centro Americana S.A. 30-Jul-02 30-Jul-03 RSP
00004125500 La Centro Americana S.A. 30-Jul-02 30-Jul-03 RSP
00004125600 La Centro Americana S.A. 30-Jul-02 30-Jul-03 RSP
00004126600 ING Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
00004126700 ING Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
00004126800 ING Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
00004128000 AXA Chile Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
00004128100 AXA Chile Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
00004128200 AXA Chile Seguros Generales S.A. 1-Jul-02 30-Jun-03 RSP
00004128400 Cia. Nacional De Seguros C Por A 1-Jul-02 30-Jun-03 RSP
00004128800 Commercial America 1-Jul-02 30-Jun-03 RSP
00004128900 Commercial America 1-Jul-02 30-Jun-03 RSP
00004129000 Commercial America 1-Jul-02 30-Jun-03 RSP
00004129400 Zurich American Insurance Co 1-Jul-02 30-Jun-03 KSM
00004132600 Seguros Bital S.A. (Mexico) 1-Aug-02 31-Jul-03 RSP
00004132900 Cia. Nacional De Seguros C Por A 1-Jul-02 30-Jun-03 RSP
00004133000 Cia. Nacional De Seguros C Por A 1-Jul-02 30-Jun-03 RSP
00004134500 Securos Banreservas 1-Jul-02 1-Jul-03 RSP
00004134600 National Caribbean Insurance 1-Jul-02 30-Jun-03 RSP
00004134700 National Caribbean Insurance 1-Jul-02 30-Jun-03 RSP
00004134800 National Caribbean Insurance 1-Jul-02 30-Jun-03 RSP
00004134900 Compania De Seguros Palic, SA 1-Jul-02 30-Jun-03 SREDL
00004135000 Compania De Seguros Palic, SA 1-Jul-02 30-Jun-03 SREDL
00004135100 National Caribbean Insurance 1-Jul-02 30-Jun-03 RSP
00004135200 Consorcio Naciona De Seguros 1-Jul-02 30-Jun-03 RSP
00004135300 Consorcio Naciona De Seguros 1-Jul-02 30-Jun-03 RSP
00004135400 National Caribbean Insurance 1-Jul-02 30-Jun-03 RSP
00004135500 Consorcio Naciona De Seguros 1-Jul-02 30-Jun-03 RSP
00004135600 Consorcio Naciona De Seguros 1-Jul-02 30-Jun-03 RSP
00004135700 Consorcio Naciona De Seguros 1-Jul-02 30-Jun-03 RSP
00004138100 XL Specialty Insurance Company 1-Jul-02 30-Jun-03 KSM
00004138200 Securos Banreservas 1-Jul-02 1-Jul-03 RSP
00004138300 Securos Banreservas 1-Jul-02 1-Jul-03 RSP
00004138400 Securos Banreservas 1-Jul-02 1-Jul-03 RSP
00004139700 Falcon Inc. Co. Ltd. 1-Jul-02 30-Jun-03 EYM
00004139800 Falcon Inc. Co. Ltd. 1-Jul-02 30-Jun-03 EYM
A-3-45
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00004139900 2002 Motor, EC/EL, PL XOL-3rd layer 0100 Intl Casualty Tty
00004140000 2002 Motor, EC/EL, PL XOL-4th layer 0100 Intl Casualty Tty
00004140500 2002 Miscellaneous XL Tent Plan 0100 Intl Casualty Tty
00004146700 2002 M.L.A. xs P&I Cover 0060 OM Treaty X/S
TF881592100 2002 3RD FIRE CAT XL 0091 Intl Ppty Tty X/S Cat
TF912089400 2002 3RD PROPERTY CAT X/L 0091 Intl Ppty Tty X/S Cat
TF931437700 2002 2ND FIRE CAT XOL 0091 Intl Ppty Tty X/S Cat
TF931438600 2002 4TH FIRE CAT XOL 0091 Intl Ppty Tty X/S Cat
TM941321200 2002 GENL MAR (EX RIG) 1ST CAT 0060 OM Treaty X/S
TM941321300 2002 GENL MAR (EX RIG) 2ND CAT 0060 OM Treaty X/S
TM941321400 2002 GENL MAR (EX RIG) 3RD CAT 0060 OM Treaty X/S
TM960414600 2002 1ST MARINE CLASH X/L 0060 OM Treaty X/S
TM960414700 2002 2ND MARINE CLASH X/L 0060 OM Treaty X/S
TM960414800 2002 3RD MARINE CLASH X/L 0060 OM Treaty X/S
TM960414900 2002 1ST MARINE RISK X/L 0060 OM Treaty X/S
TM960415000 2002 2ND MARINE RISK X/L 0060 OM Treaty X/S
TM960990500 2002 Gen'l Marine (Ex Rig) 4th XL 0060 OM Treaty X/S
TN950110300 2002 Fire Per Risk XL 0091 Intl Ppty Tty X/S Cat
TN950110600 2002 Fire Per Risk 0091 Intl Ppty Tty X/S Cat
TN960026900 2002 Fire Per Risk 0091 Intl Ppty Tty X/S Cat
TN961706000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN961707200 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TN971002400 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
TF950628200 2002 PROPERTY PER RISK XOL 0090 Intl Ppty Tty X/S Risk
00003670900 2002 1.L.-S/L IT Hail 0091 Intl Ppty Tty X/S Cat
00003671000 2002 2.L.-S/L IT Hail 0091 Intl Ppty Tty X/S Cat
00004126300 2002 Property 3rd Cat. XOL 0091 Intl Ppty Tty X/S Cat
00004126400 2002 Property 4th Cat. XOL 0091 Intl Ppty Tty X/S Cat
TF971003100 2002 Property 5th Cat. XOL 0091 Intl Ppty Tty X/S Cat
00000226000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002106600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002106700 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00004139900 Falcon Inc. Co. Ltd. 1-Jul-02 30-Jun-03 EYM
00004140000 Falcon Inc. Co. Ltd. 1-Jul-02 30-Jun-03 EYM
00004140500 Aseguradora Comercial De Panama 1-Jul-02 30-Jun-03 SREDL
00004146700 Massachusetts Lobstermens Assoc.Inc 1-Jul-02 30-Jun-03 KSM
TF881592100 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM
TF912089400 R.A.C.Q. Insurance Pty. Limited 1-Jul-02 30-Jun-03 EYM
TF931437700 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM
TF931438600 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM
TM941321200 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 KSM
TM941321300 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 KSM
TM941321400 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 KSM
TM960414600 Chubb & Son, Inc. 1-Jul-02 30-Jun-03 KSM
TM960414700 Chubb & Son, Inc. 1-Jul-02 30-Jun-03 KSM
TM960414800 Chubb & Son, Inc. 1-Jul-02 30-Jun-03 KSM
TM960414900 Chubb & Son, Inc. 1-Jul-02 30-Jun-03 KSM
TM960415000 Chubb & Son, Inc. 1-Jul-02 30-Jun-03 KSM
TM960990500 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 KSM
TN950110300 Seguros Inbursa, S.A. 30-Jun-02 29-Jun-03 RSP
TN950110600 Seguros Inbursa, S.A. 30-Jun-02 29-Jun-03 RSP
TN960026900 Seguros Inbursa, S.A. 30-Jun-02 29-Jun-03 RSP
TN961706000 Seguros Inbursa, S.A. 1-Jul-02 30-Jun-03 RSP
TN961707200 Seguros Inbursa, S.A. 1-Jul-02 30-Jun-03 RSP
TN971002400 Cia. Nacional De Seguros C Por A 1-Jul-02 30-Jun-03 RSP
TF950628200 Pacific Indemnity Company 1-Jun-02 31-May-03 EYM
Generali - Assicurazioni Generali S.p.A. -
00003670900 Composite 1-Jan-02 31-Dec-02 LYM
Generali - Assicurazioni Generali S.p.A. -
00003671000 Composite 1-Jan-02 31-Dec-02 LYM
00004126300 Pacific Indemnity Insurance Company 1-Jun-02 31-May-03 EYM
00004126400 Pacific Indemnity Insurance Company 1-Jun-02 31-May-03 EYM
TF971003100 Pacific Indemnity Insurance Company 1-Jun-02 31-May-03 EYM
00000226000 Victoria Mutual Insurance Company Ltd. 1-Oct-02 30-Sep-03 RSP
00002106600 Victoria Mutual Insurance Company Ltd. 1-Oct-02 30-Sep-03 RSP
00002106700 Victoria Mutual Insurance Company Ltd. 1-Oct-02 30-Sep-03 RSP
A-3-46
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00002106900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002983900 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002984000 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00002984600 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003291300 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00003291500 2002 Fire Cat XL 0091 Intl Ppty Tty X/S Cat
00000257000 2002 1st Property Per Risk 0030 NA Ppty Tty X/S Risk
00000257100 2002 2nd Property Per Risk 0030 NA Ppty Tty X/S Risk
00001429600 2002 Garage Liability Quota Share 0303 First Dollar Auto Phys Dam
00004096200 2002 Combination Excess of Loss 0030 NA Ppty Tty X/S Risk
00003338300 2002 67% Property Quota Share 0010 NA Ppty Tty P/R
M0000485700 2002 NON-OBLIGATORY PROP SURPLUS 0010 NA Ppty Tty P/R
00002847600 2002 2nd Per Risk 0030 NA Ppty Tty X/S Risk
00004059900 2002 K&K Property Per Risk 0030 NA Ppty Tty X/S Risk
00004102200 2002 2nd Comm Property Per Risk XL 0030 NA Ppty Tty X/S Risk
00004102300 2002 3rd Comm Property Per Risk XL 0030 NA Ppty Tty X/S Risk
00004106400 2002 First Property Per Risk 0030 NA Ppty Tty X/S Risk
00004106500 2002 2nd Property Per Risk 0030 NA Ppty Tty X/S Risk
00004130700 2002 2nd Comm Property Per Risk XL 0030 NA Ppty Tty X/S Risk
00004130800 2002 3rd Comm Property Per Risk XL 0030 NA Ppty Tty X/S Risk
00004152500 2002 1st General Per Risk 0030 NA Ppty Tty X/S Risk
00004152600 2002 2nd General Per Risk 0030 NA Ppty Tty X/S Risk
TP865234200 2002 2nd Prop Per Risk 0030 NA Ppty Tty X/S Risk
TP930934300 2002 HO Prop Per Risk XOL 0030 NA Ppty Tty X/S Risk
TP931492300 2002 1st Comm Property Per Risk XL 0030 NA Ppty Tty X/S Risk
TP960730800 2002 1st Comm Property Per Risk XL 0030 NA Ppty Tty X/S Risk
TP970780200 2002 First Per Risk(Frmly U/L) 0030 NA Ppty Tty X/S Risk
00003203300 2002 Fourth Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003234000 2002 4th Prop. Cat (Frmly 5th) 0031 NA Ppty Tty X/S Cat
00003294300 2002 5th Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003294400 2002 5th Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003620400 2002 1st NJ APD Cat Excess 0031 NA Ppty Tty X/S Cat
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00002106900 Victoria Mutual Insurance Company Ltd. 1-Oct-02 30-Sep-03 RSP
00002983900 La Colonial, S.A. 1-Jul-02 30-Jun-03 SREDL
00002984000 La Colonial, S.A. 1-Jul-02 30-Jun-03 SREDL
00002984600 La Colonial, S.A. 1-Jul-02 30-Jun-03 SREDL
00003291300 La Colonial, S.A. 1-Jul-02 30-Jun-03 RSP
00003291500 La Colonial, S.A. 1-Jul-02 30-Jun-03 RSP
00000257000 Millers First Insurance Companies 1-Jul-02 30-Jun-03 THEIN
00000257100 Millers First Insurance Companies 1-Jul-02 30-Jun-03 THEIN
00001429600 Southern Pioneer and Casualty Ins. Co 1-Apr-02 31-Mar-03 SSCHU
00004096200 Great Lakes Mutual Ins Co 1-Jul-02 30-Jun-03 THEIN
00003338300 National American Ins Co (OK) 1-Jan-02 31-Dec-02 JRODD
M0000485700 RLI Insurance Company . 1-Jul-02 30-Jun-03 JRODD
00002847600 RLI Insurance Company . 1-Jan-02 31-Dec-02 JRODD
00004059900 Great American Insurance Co 30-Mar-02 28-Feb-03 JRODD
00004102200 Continental Casualty Company 1-Jul-02 30-Jun-03 JRODD
00004102300 Continental Casualty Company 1-Jul-02 30-Jun-03 JRODD
00004106400 Arch Reinsurance Ltd 1-Jul-02 30-Jun-03 JRODD
00004106500 Arch Reinsurance Ltd 1-Jul-02 30-Jun-03 JRODD
00004130700 Continental Casualty Company 1-Jul-02 30-Jun-03 JRODD
00004130800 Continental Casualty Company 1-Jul-02 30-Jun-03 JRODD
00004152500 Arch Insurance Company 1-Jul-02 30-Jun-03 JRODD
00004152600 Arch Insurance Company 1-Jul-02 30-Jun-03 JRODD
TP865234200 Atlantic Mutual Insurance Co 1-Jul-02 30-Jun-03 JRODD
TP930934300 Interins Exch of the Auto Club 1-Jul-02 30-Jun-03 JRODD
TP931492300 Continental Casualty Company 1-Jul-02 30-Jun-03 JRODD
TP960730800 Continental Casualty Company 1-Jul-02 30-Jun-03 JRODD
TP970780200 Hartford Specialty Company 1-Jul-02 30-Jun-03 JRODD
00003203300 Century-National Ins Co 1-Jul-02 30-Jun-03 JRODD
00003234000 Philadelphia Indemnity Ins Co 1-Jun-02 31-May-03 JRODD
00003294300 Hartford Specialty Company 1-Jul-02 30-Jun-03 JRODD
00003294400 Hartford Specialty Company 1-Jul-02 30-Jun-03 JRODD
00003620400 State Farm Indemnity Company 1-Jul-02 30-Jun-03 JRODD
A-3-47
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003997300 2002 4th Prop Cat 0031 NA Ppty Tty X/S Cat
00004045300 2002 Florida Catastrophe 0031 NA Ppty Tty X/S Cat
00004081100 2002 Second Super Catastrophe 0031 NA Ppty Tty X/S Cat
00004087500 2002 Third Property Catastrophe 0031 NA Ppty Tty X/S Cat
00004123100 2002 1st Cat 0031 NA Ppty Tty X/S Cat
00004123200 2002 2nd Cat 0031 NA Ppty Tty X/S Cat
00004123300 2002 3rd Cat 0031 NA Ppty Tty X/S Cat
00004123400 2002 Second Property Catastrophe 0031 NA Ppty Tty X/S Cat
00004123700 2002 Fifth Property Catastrophe 0031 NA Ppty Tty X/S Cat
00004123800 2002 Sixth Property Catastropfhe 0031 NA Ppty Tty X/S Cat
M0000201300 2002 TOP CAT EXCESS 0031 NA Ppty Tty X/S Cat
M0000540600 2002 Aggregate Cat Excess 0031 NA Ppty Tty X/S Cat
M0000568600 2002 California Cat 0031 NA Ppty Tty X/S Cat
M0000568700 2002 Texas Cat 0031 NA Ppty Tty X/S Cat
M0000568800 2002 Countrywide Cat 0031 NA Ppty Tty X/S Cat
M0000568900 2002 2nd NJ APD Cat Excess 0031 NA Ppty Tty X/S Cat
TP000590000 2002 2nd Property Cat XL(FRMLY 3rd) 0031 NA Ppty Tty X/S Cat
TP930934200 2002 1st Prop Cat XOL 0031 NA Ppty Tty X/S Cat
TP931588300 2002 3rd Property Cat XL 0031 NA Ppty Tty X/S Cat
TP932357100 2002 3rd Catastrophe 0031 NA Ppty Tty X/S Cat
TP950532000 2002 3rd Property Cat XL 0031 NA Ppty Tty X/S Cat
TP951151300 2002 4th Property Cat XL 0031 NA Ppty Tty X/S Cat
TP951151700 2002 4th Property Cat XL 0031 NA Ppty Tty X/S Cat
00002536200 2002 3rd Property Catastrophe XOL 0190 Assumed Retro
00003742700 2002 3rd Property Cat Retro 0190 Assumed Retro
00003862800 2002 10B 2nd Evt ILW Natural Perils 0190 Assumed Retro
00004005900 2002 20B ILW all Perils, 11 months 0190 Assumed Retro
00004006900 2002 10B ILW, All Natural, 50 State 0190 Assumed Retro
00004114200 2002 22.5b ILW, Natural, No Reinsta 0190 Assumed Retro
00004137500 2002 15B ILW, All Natural, NoReinst 0190 Assumed Retro
00004104100 2002 50% Net Quota Share 0010 NA Ppty Tty P/R
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003997300 Trumbull Insurance Company 1-Jan-02 31-Dec-02 JRODD
00004045300 State Farm Fire & Casualty Co 1-Jul-02 30-Jun-03 JRODD
00004081100 ACE Limted 1-May-02 1-Mar-03 JRODD
00004087500 Virginia Surety Company Inc 1-Jul-02 30-Jun-03 JRODD
00004123100 XL Insurance Ltd 1-Jul-02 30-Jun-03 JRODD
00004123200 XL Insurance Ltd 1-Jul-02 30-Jun-03 JRODD
00004123300 XL Insurance Ltd 1-Jul-02 30-Jun-03 JRODD
00004123400 Armed Forces Ins Exchange 1-Jul-02 30-Jun-03 JRODD
00004123700 Armed Forces Ins Exchange 1-Jul-02 30-Jun-03 JRODD
00004123800 Armed Forces Ins Exchange 1-Jul-02 30-Jun-03 JRODD
M0000201300 American Family Mutual Ins Co 1-Jan-02 31-Dec-02 JRODD
M0000540600 California Earthquake Authority 1-Jan-02 31-Dec-02 JRODD
M0000568600 State Farm Fire & Casualty Co 1-Jul-02 30-Jun-03 JRODD
M0000568700 State Farm Fire & Casualty Co 1-Jul-02 30-Jun-03 JRODD
M0000568800 State Farm Fire & Casualty Co 1-Jul-02 30-Jun-03 JRODD
M0000568900 State Farm Fire & Casualty Co 1-Jul-02 30-Jun-03 JRODD
TP000590000 Wausau Insurance Company 1-Jul-02 30-Jun-03 JRODD
TP930934200 Interins Exch of the Auto Club 1-Jul-02 30-Jun-03 JRODD
TP931588300 Hartford Specialty Company 1-Jul-02 30-Jun-03 JRODD
TP932357100 OneBeacon Insurance Group 1-Jan-02 31-Dec-02 JRODD
TP950532000 Hartford Specialty Company 1-Jul-02 30-Jun-03 JRODD
TP951151300 Hartford Specialty Company 1-Jul-02 30-Jun-03 JRODD
TP951151700 Hartford Specialty Company 1-Jul-02 30-Jun-03 JRODD
00002536200 Hartford Re Management Company 1-Jun-02 31-Jul-03 JRODD
00003742700 Farm Family Casualty Ins Co 1-Aug-02 31-Jul-03 JRODD
00003862800 E E Patrick (Lloyd'S) 566 1-Jan-02 31-Dec-02 JRODD
00004005900 AXA Corporate Solutions (Canada Branch) 1-Jan-02 31-Dec-02 JRODD
00004006900 Europa Rueckversicherung Aktiengesellschaft 1-Feb-02 31-Dec-02 JRODD
00004114200 M C Watkins (Lloyd'S) 457 20-Jun-02 19-Jun-03 JRODD
00004137500 B F Caudle (Lloyd'S) 780 3-Jul-02 2-Jul-03 JRODD
00004104100 Clarendon National Ins Co 1-Jun-02 31-May-03 JBARR
A-3-48
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
TP931347400 2002 US Ppty First Surplus 0010 NA Ppty Tty P/R
TP940707700 2002 US Ppty First Surplus 0010 NA Ppty Tty P/R
TP941281800 2002 Heavy Property Surplus 0010 NA Ppty Tty P/R
00000893900 2002 2nd Mid Mkt/Sml Bus Per Risk 0030 NA Ppty Tty X/S Risk
00003787600 2002 2nd Livestock Per Risk 0030 NA Ppty Tty X/S Risk
TP970488400 2002 1st Livestock Per Risk 0030 NA Ppty Tty X/S Risk
TP971043200 2002 Corporate Customer Per Risk 0030 NA Ppty Tty X/S Risk
00000033501 2002 1st Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00000275500 2002 Heavy Prop Excess of Loss 0031 NA Ppty Tty X/S Cat
00000365900 2002 2nd Property Catastrophe 0031 NA Ppty Tty X/S Cat
00001049900 2002 Third Property Catastrophe 0031 NA Ppty Tty X/S Cat
00002653800 2002 3rd Catastrophe 0031 NA Ppty Tty X/S Cat
00002895700 2002 First Property Catastrophe 0031 NA Ppty Tty X/S Cat
00002896200 2002 Second Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003459900 2002 Sixth Property Catastrophe 0031 NA Ppty Tty X/S Cat
00003987800 2002 GACIS Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004095500 2002 Property Catastrophe 0031 NA Ppty Tty X/S Cat
00004117500 2002 3rd Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004117600 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004117700 2002 5th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004117800 2002 6th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00004131100 2002 Clarendon/Arrowhead 4th Cat 0031 NA Ppty Tty X/S Cat
00004131200 2002 Clarendon/Arrowhead 5th Cat 0031 NA Ppty Tty X/S Cat
TP941954900 2002 1st US Prop Cat 0031 NA Ppty Tty X/S Cat
TP960552100 2002 1st Prop Cat 0031 NA Ppty Tty X/S Cat
TP960552200 2002 2nd Prop Cat 0031 NA Ppty Tty X/S Cat
00003116400 2002 Crop Quota Share 0290 Crop Hail
00003116700 2002 MPCI Third Stop Loss 0290 Crop Hail
00003245200 2002 FirstCrop/NPStop Loss 0290 Crop Hail
00003245300 2002 SecondCropNPStopLoss 0290 Crop Hail
00003633000 2002 Fourth MPCI Stop Loss 0290 Crop Hail
00003635800 2002 Fourth MPCI Stop Losss 0290 Crop Hail
00003637900 2002 1st Crop Hail & N P Stop Loss 0290 Crop Hail
00003638000 2002 2nd Crop Hail & N P Stop Loss 0290 Crop Hail
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
TP931347400 Commonwealth Insurance Company 1-Jul-02 30-Jun-03 JBARR
TP940707700 Commonwealth Insurance Company 1-Jul-02 30-Jun-03 JBARR
TP941281800 Great American Insurance Co 1-Sep-02 31-Aug-03 JBARR
00000893900 Zurich American Ins Co of IL 1-Jul-02 30-Jun-03 JBARR
00003787600 Hartford Fire Insurance Co 1-Jul-02 30-Jun-03 JBARR
TP970488400 Hartford Fire Insurance Co 1-Jul-02 30-Jun-03 JBARR
TP971043200 Zurich American Ins Co of IL 1-Jul-02 30-Jun-03 JBARR
00000033501 Glencoe Insurance Ltd. 1-Jul-02 30-Jun-03 JBARR
00000275500 Great American Insurance Co 1-Sep-02 31-Aug-03 JBARR
00000365900 Glencoe Insurance Ltd. 1-Jul-02 30-Jun-03 JBARR
00001049900 Zurich American Ins Co of IL 1-Jan-02 31-Dec-02 JBARR
00002653800 State Automobile Mutual Ins Co 1-Jul-02 30-Jun-03 JBARR
00002895700 Auto-Owners Insurance Co 1-Jan-02 31-Dec-02 JBARR
00002896200 Auto-Owners Insurance Co 1-Jan-02 31-Dec-02 JBARR
00003459900 Zurich American Ins Co of IL 1-Jan-02 31-Dec-02 JBARR
00003987800 Great American Insurance Co 1-Jan-02 31-Dec-02 JBARR
00004095500 First Specialty Ins Corp 1-Jul-02 30-Jun-03 JBARR
00004117500 Glencoe Insurance Ltd. 1-Jul-02 30-Jun-03 JBARR
00004117600 Glencoe Insurance Ltd. 1-Jul-02 30-Jun-03 JBARR
00004117700 Glencoe Insurance Ltd. 1-Jul-02 30-Jun-03 JBARR
00004117800 Glencoe Insurance Ltd. 1-Jul-02 30-Jun-03 JBARR
00004131100 Clarendon National Ins Co 1-Jun-02 31-May-03 JBARR
00004131200 Clarendon National Ins Co 1-Jun-02 31-May-03 JBARR
TP941954900 Commonwealth Insurance Company 1-Jan-02 31-Dec-02 JBARR
TP960552100 State Automobile Mutual Ins Co 1-Jul-02 30-Jun-03 JBARR
TP960552200 State Automobile Mutual Ins Co 1-Jul-02 30-Jun-03 JBARR
00003116400 First Mutual Insurance Company 1-Jan-02 31-Dec-02 JBARR
00003116700 Rural Community Insurance 1-Jan-02 31-Dec-02 JBARR
00003245200 Rural Community Insurance 1-Jan-02 31-Dec-02 JBARR
00003245300 Rural Community Insurance 1-Jan-02 31-Dec-02 JBARR
00003633000 Agri General Insurance Company 1-Jan-02 31-Dec-02 JBARR
00003635800 ACE American Insurance Company 1-Jan-02 31-Dec-02 JBARR
00003637900 Empire Fire & Marine Ins Co 1-Jan-02 31-Dec-02 JBARR
00003638000 Empire Fire & Marine Ins Co 1-Jan-02 31-Dec-02 JBARR
A-3-49
EXHIBIT A-2
THE REINSURANCE CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
- ---------- ------------ ---------- --------- ---------------
00003765900 2002 Crop Hail Stop Loss 0290 Crop Hail
00003994300 2002 Third MPCI Stop Loss 0290 Crop Hail
00004137200 2002 First Stop Loss 0290 Crop Hail
00004137300 2002 Second Stop Loss 0290 Crop Hail
00004137400 2002 Third Stop Loss 0290 Crop Hail
M0000542100 2002 CROP STOP LOSS 0290 Crop Hail
M0000543600 2002 Third MPCI Stop Loss 0290 Crop Hail
M0000568200 2002 Second / Fourth Hail Stop Loss 0290 Crop Hail
M0000571200 2002 Hail Stop Loss Layer 1 0290 Crop Hail
M0000586800 2002 Fourth MPCI Stop Loss 0290 Crop Hail
M0000588500 2002 First Hail Stop Loss 0290 Crop Hail
Effective Expiration Primary
Contract # Cedant Name Date Date Underwriter
- ---------- ----------- --------- ---------- -----------
00003765900 Mapfre 1-Jan-02 31-Dec-02 JBARR
00003994300 Empire Fire & Marine Ins Co 1-Jan-02 31-Dec-02 JBARR
00004137200 Western Agricultural Ins Co 1-Jan-02 31-Dec-02 JBARR
00004137300 Western Agricultural Ins Co 1-Jan-02 31-Dec-02 JBARR
00004137400 Western Agricultural Ins Co 1-Jan-02 31-Dec-02 JBARR
M0000542100 Fireman's Fund Insurance Co 1-Jan-02 31-Dec-02 JBARR
M0000543600 American Growers Insurance Company 1-Jan-02 31-Dec-02 JBARR
M0000568200 Cooperative Hail Insurance Company Ltd 1-Apr-02 31-Mar-03 JBARR
M0000571200 Farmers Alliance Mutual Ins Co 1-Jan-02 31-Dec-02 JBARR
M0000586800 American Growers Insurance Company 1-Jan-02 31-Dec-02 JBARR
M0000588500 Cooperative Hail Insurance Company Ltd 1-Apr-02 31-Mar-03 JBARR
A-3-50
EXHIBIT A-3
Loss Reserves by Class of Business
Loss Reserves by Class @ June 30, 2002
LONDON
DEPOSIT PROFIT
OFFICE CLASS DESCRIPTION OUTSTANDING LOSS ULAE IBNR LIABILITIES COMMISSIONS
BRU 21 Brussels Marine P/R 429 23,098
BRU 23 Brussels Int'l Property P/R 19,018 2,177 242,534
BRU 24 Brussels Int'l Property Per Risk 8,771 2,261 257,359
BRU 25 Brussels Int'l Cat 11,797 1,298,902
BRU 26 Brussels Int'l Motor 13,032 336,680
BRU 27 Brussels Int'l Liab XS 4,773 6,956 177,767
BRU 32 Brussels Int'l Marine XS 1,279 70,679
BRU 34 Brussels Int'l Liab PR 3,039 78,719
BRU 55 Brussels Int'l Personal Acc P-R 4,663 120,643
BRU 60 Brussels Int'l Motor Physical Damage PR 4,043 104,703
BRU 61 Brussels Engineering PR 334 8,308
BRU 80 Brussels Motor PR 30,472 789,211
DEU 23 Munich Int'l Property P/R 612 69,966
DEU 24 Munich Int'l Property Per Risk 15,241 3,700 420,720
DEU 25 Munich Int'l Cat 18,476 2,008,176
DEU 26 Munich Int'l Motor 16,773 434,418
DEU 27 Munich Int'l Liab XS 16,393 424,580
DEU 32 Munich Int'l Marine XS 9 494
DEU 34 Munich Int'l Liab PR 2,428 62,894
STP 11 N.Am Cat 3,053 318,910
STP 18 N Am Property Per Risk 523 58,200
STP 23 Int'l Property P/R 178,185 4,658 429,271
STP 24 Int'l Property Per Risk 531,405 10,412 881,733
STP 25 Int'l Cat 21,335 1,879,203
STP 26 Int'l Motor XS 51,125 343,475 8,561,303
STP 32 Int'l Marine XS 354,473 27,144 1,271,128
STP 41 N Am Motor XL 20,381 679,500
STP 79 Satellite XS 3,958 211,183
STP 91 N Am Crop 265 29,824
Total London 1,162,992 574,076 21,250,106 -- --
A-2-1
New York
& Vermont
NY Assumed Retro -- 4,062 312,473
NY Crop Hail -- 268 20,572
NY Degree Day -- -- --
NY First Dollar Auto Liability -- 6,018 300,878
NY First Dollar Auto Phys Dam -- -- --
NY First Dollar G/L 31 4,951 247,554
NY Healthcare P/R 291,217 24,065 1,191,317
NY Intl Cas Motor 855,123 30,102 1,077,534
NY Intl Casualty Tty 19,232 26,773 1,313,091
NY Intl Ppty Tty Outward Retro -- -- --
NY Intl Ppty Tty P/R 45,047 9,784 730,021
NY Intl Ppty Tty X/S Cat -- 38,288 2,924,931
NY Intl Ppty Tty X/S Risk -- 2,175 167,274
NY NA Cas Tty P/R -- 39,140 1,957,000
NY NA Cas Tty P/R LPIC -- 11,963 598,146
NY NA Cas Tty X/S 1,474 104,522 5,225,339
NY NA Cas Tty X/S Clash -- 57,428 2,210,957
NY NA Ppty Tty P/R 333,710 20,984 1,447,339
NY NA Ppty Tty X/S Cat 163,444 34,536 2,398,949
NY NA Ppty Tty X/S Risk 750,846 71,005 5,086,525
NY OM Facultative -- 3,483 193,491
NY OM Treaty P/R 103,690 3,175 124,523
NY OM Treaty X/S 162,202 96,707 5,291,506
Total New York & Vermont 2,726,015 589,429 32,819,420 -- --
Total 3,889,007 1,163,505 54,069,526 -- --
A-2-2
EXHIBIT B-1
List of Excluded Classes
The following business is to be excluded from transfer.
New York Classes London Classes London Classes
---------------- -------------- --------------
1109 Cas First Dollar Auto, NY (program)
1111 Cas First Dollar GL/Other, NY (program) L12 N. Am Prof B57 Brussels Non-Marine Fac Excess
1304 OMPT_AVT L13 Intl Prof B58 Brussels Marine Fac Pro Rata
1305 Aviation XS, NY L14 NA Property Binders B59 Brussels Marine Fac Excess
1306 Satellite Pro Rata, NY L98 U.S. Run-Off Business B67 Brussels Sattelite PR
B77 Brussels Aviation Liability
1401 Bond, NY L20 LMX/Retro Prop Pro Rata Treaty
B78 Brussels Aviation Hull
1402 Credit, NY L22 LMX/Retro Cas Pro Rata Treaty
1403 Other Specialty, NY L30 N Am Cas E&S B90 Brussels Fin Lines Pro Rata
1600 Fac Runoff L31 N Am Binders Cas M97 Munich Int'l Run-Off Business
1606 Casualty Fac Redhawk, NY L15 Aviation B88 Brussels Non-Traditional
2601 Intl Property Facultative, Miami L19 Int'l Credit
3201 Motor Pro-Rata, Singapore L35 Financial Long Tail
3203 Intl Property Pro Rata, Singapore L67 Sattelite
3204 Intl Property Excess, Singapore L88 Int'l NT 1999
3205 Intl Casualty Treaty, Singapore L89 NA NT 1999
3301 Marine Treaty Pro Rata, Singapore L97 Int Property Runoff
3601 Intl Property Facultative, Singapore L98 NA Casualty Runoff
4201 Medical Malpractice, Sydney B36 Brussels Financial Lines Short Tail PR
4202 Casualty Treaty, Sydney B37 Brussels Financial Lines Short Tail XL
Credit, Sydney B56 Brussels Non-Marine Fac Pro Rata
Art, Sidney
B-1-1
EXHIBIT B-2
The Excluded Contracts
EXHIBIT B-2
THE EXCLUDED CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
---------- ----------- ---------- --------- ---------------
00000886400 2002 4th Property Catastrophe XOL 0031 NA Ppty Tty X/S Cat
00002918900 2002 WC 0140 NA Cas Tty X/S
00002946400 ALL Financial Lines Quota Share 0130 NA Cas Tty P/R
00003202400 ALL Claims Made contingency excess 0147 NA Cas Tty X/S Clash
00003239800 ALL Blanket Casualty Cat 0147 NA Cas Tty X/S Clash
00003290700 2000 Property Cat 2nd Layer 0091 Intl Ppty Tty X/S Cat
00003290800 2000 Property Cat 3rd Layer 0091 Intl Ppty Tty X/S Cat
00003290900 2000 Property Cat 4th Layer 0091 Intl Ppty Tty X/S Cat
00003687400 2002 Exec Liab Undw 0130 NA Cas Tty P/R
00003740700 2001 Property Cat 2nd Layer 0091 Intl Ppty Tty X/S Cat
00003740800 2001 Property Cat 3rd Layer 0091 Intl Ppty Tty X/S Cat
00003740900 2001 Property Cat 4th Layer 0091 Intl Ppty Tty X/S Cat
00004025600 ALL $15M xs $5M 0140 NA Cas Tty X/S
M0000237000 2002 4TH M-Y '00 0031 NA Ppty Tty X/S Cat
M0000408400 2002 3RD M-Y '00 0031 NA Ppty Tty X/S Cat
M0000544400 ALL 3rd Casualty XOL 0147 NA Cas Tty X/S Clash
M0000544500 ALL 4th Casualty XOL 0147 NA Cas Tty X/S Clash
M0000578600 2002 1st M-Y '00 0031 NA Ppty Tty X/S Cat
M0000578700 2002 2nd M-Y '00 0031 NA Ppty Tty X/S Cat
TM951782300 2002 YACHT CAT X/L 1ST LAYER 0060 OM Treaty X/S
TC000594401 2001 Clash 1st XL 0147 NA Cas Tty X/S Clash
TC950116701 2001 Clash 2nd XL 0147 NA Cas Tty X/S Clash
TC950116801 2001 Clash 3rd XL 0147 NA Cas Tty X/S Clash
TC950117001 2001 Clash 4th XL 0147 NA Cas Tty X/S Clash
Primary
Contract # Cedant Name Effective Date Expiration Date Underwriter
---------- ----------- -------------- --------------- -----------
00000886400 Horace Mann Insurance Company 1-Jan-02 31-Dec-02 KFRY Multi-year
00002918900 CNA Insurance Companies 1-Jan-02 31-Mar-02 RDAVI Extension of 2001 contract
00002946400 Kemper Financial Solutions 1-Jul-01 31-Dec-02 JYULG Multi-year
00003202400 Legion Insurance Company 1-Jul-01 30-Jun-02 PDODG in run-off
00003239800 Hartford Fire Insurance Co 1-Jul-01 30-Jun-03 PDODG Multi-year
00003290700 Defense Services Home - Australia 1-Jul-2000 30-Jun-2003 EYM Multi-year
00003290800 Defense Services Home - Australia 1-Jul-2000 30-Jun-2003 EYM Multi-year
00003290900 Defense Services Home - Australia 1-Jul-2000 30-Jun-2003 EYM Multi-year
00003687400 Greenwich Insurance Co 1-Jan-02 31-Dec-02 ASARI Multi-year
00003740700 Defense Services Home - Australia 1-Jul-2001 30-Jun-2004 EYM Multi-year
00003740800 Defense Services Home - Australia 1-Jul-2001 30-Jun-2004 EYM Multi-year
00003740900 Defense Services Home - Australia 1-Jul-2001 30-Jun-2004 EYM Multi-year
00004025600 Attoneys Liability, BM 1-Oct-01 30-Sep-03 ASARI Multi-year
M0000237000 Westfield Insurance Company 1-Jan-02 31-Dec-02 DINGR Multi-year
M0000408400 Westfield Insurance Company 1-Jan-02 31-Dec-02 DWOLF Multi-year
M0000544400 Highlands Insurance Co 1-Jul-01 30-Jun-02 MATWA in run-off
M0000544500 Highlands Insurance Co 1-Jul-01 30-Jun-02 MATWA in run-off
M0000578600 Westfield Insurance Company 1-Jan-02 31-Dec-02 DINGR Multi-year
M0000578700 Westfield Insurance Company 1-Jan-02 31-Dec-02 DINGR Multi-year
TM951782300 Citizens Ins Co of America 1-Jan-02 30-Sep-02 KSM
TC000594401 Liberty Mutual 1-Jan-01 31-Dec-02 BENKO Multi-year
TC950116701 Liberty Mutual 1-Jan-01 31-Dec-02 BENKO Multi-year
TC950116801 Liberty Mutual 1-Jan-01 31-Dec-02 BENKO Multi-year
TC950117001 Liberty Mutual 1-Jan-01 31-Dec-02 BENKO Multi-year
B-2-1
EXHIBIT B-2
THE EXCLUDED CONTRACTS
Underwriting Reserving
Contract # Year User Title Class Reserving Class
---------- ----------- ---------- --------- ---------------
TC000594401 2002 Clash 1st XL 0147 NA Cas Tty X/S Clash
TC950116701 2002 Clash 2nd XL 0147 NA Cas Tty X/S Clash
TC950116801 2002 Clash 3rd XL 0147 NA Cas Tty X/S Clash
TC950117001 2002 Clash 4th XL 0147 NA Cas Tty X/S Clash
00100528200 2002 Motor, EC/EL, PL XOL 0100 Intl Casualty Tty
00100528300 2002 Motor, EC/EL, PL XOL 0100 Intl Casualty Tty
00100528400 2002 Motor, EC/EL, PL XOL 0100 Intl Casualty Tty
00003290700 2002 2nd Fire Cat. XOL - 3 Yrs. 0091 Intl Ppty Tty X/S Cat
00003290800 2002 3rd Fire Cat. XOL - 3 yrs. 0091 Intl Ppty Tty X/S Cat
00003290900 2002 4th Fire Cat. XOL - 3 yrs. 0091 Intl Ppty Tty X/S Cat
00003740700 2002 2nd Cat. XOL - 3 years 0091 Intl Ppty Tty X/S Cat
00003740800 2002 3rd Cat. XOL - 3 years 0091 Intl Ppty Tty X/S Cat
00003740900 2002 4th Cat. XOL - 3 years 0091 Intl Ppty Tty X/S Cat
00003674000 2002 Multi Year Stop Loss 0290 Crop Hail
00003421000 2002 1st Multi Peril Crop Stop Loss 0290 Crop Hail
00003421100 2002 2nd Multi Peril Crop Stop Loss 0290 Crop Hail
Primary
Contract # Cedant Name Effective Date Expiration Date Underwriter
---------- ----------- -------------- --------------- -----------
TC000594401 Liberty Mutual 1-Jan-01 31-Dec-02 BENKO Multi-year
TC950116701 Liberty Mutual 1-Jan-01 31-Dec-02 BENKO Multi-year
TC950116801 Liberty Mutual 1-Jan-01 31-Dec-02 BENKO Multi-year
TC950117001 Liberty Mutual 1-Jan-01 31-Dec-02 BENKO Multi-year
00100528200 Falcon Inc. Co. Ltd. 1-Jul-02 31-Dec-02 EYM in run-off
00100528300 Falcon Inc. Co. Ltd. 1-Jul-02 31-Dec-02 EYM in run-off
00100528400 Falcon Inc. Co. Ltd. 1-Jul-02 31-Dec-02 EYM in run-off
00003290700 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM Multi-year 2000
00003290800 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM Multi-year 2000
00003290900 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM Multi-year 2000
00003740700 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM Multi-year 2001
00003740800 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM Multi-year 2001
00003740900 Defence Service Homes Insurance Scheme 1-Jul-02 30-Jun-03 EYM Multi-year 2001
00003674000 Saskatchewan Municipal Hail Ins Asso 1-May-02 30-Apr-03 JBARR 2
00003421000 Agricultural Financial Services Corp 1-Apr-02 31-Mar-03 JBARR 2
00003421100 Agricultural Financial Services Corp 1-Apr-02 31-Mar-03 JBARR 2
B-2-2
EXHIBIT C
Loss Reserves
Loss Reserves shall consist of loss and loss adjustment expense reserves,
including incurred but not reported loss and loss adjustment expense reserves,
as of the Effective Time with respect to premium earned on the Reinsurance
Contracts net of retrocessional recoverables under the Inuring Retrocessions.
Loss Reserves shall not include any loss and loss adjustment expense reserves or
ceding commission reserves relating to Excluded Losses. Aggregate Loss Reserves
as of June 30, 2002, are set forth on Exhibit A-3.
Methodology for Calculation of Final Section A Premium
It is understood that the Loss Reserve analysis will be performed by
Retrocessionaire's employees under the direction of Retrocedant and reviewed by
Retrocedant's employees.
Excluding catastrophes, the IBNR component of Loss Reserves will be
booked, by Class of Business, to the planned IBNR. Planned IBNR is determined
using the Bornhuetter-Ferguson methodology, using the planned loss ratio
(adjusted for the difference between actual and planned commission and
brokerage) as the initial expected loss ratio and the development pattern used
for the class in the September 30, 2002 analysis. In the case of a Class of
Business where the expected reported losses are less than 75% of the expected
ultimate losses, as per the loss development patterns in use as of September 30,
2002, the IBNR will not be less than that amount needed to produce an ultimate
loss ratio equal to the ultimate plan loss ratio (adjusted for the difference
between actual and planned commission and brokerage).
In addition to the above, known large events and catastrophe variances
from plan as of the Effective Date will be added to the ultimate losses.
Subsequent adjustments to the reserves for known large events and catastrophe
variances from plan in the 90 days following the Effective Date could be upward
or downward.
Calculation Methodology for Earned But Not Yet Billed Premium
Earned But Not Yet Billed Premium shall equal estimated premiums receivable with
respect to the Reinsurance Contracts net of estimated ceding commissions and
Inuring Retrocession premiums. Earned But Not Yet Billed Premium as of September
30, 2002 is equal to $ 17,143,443.
C-1
EXHIBIT D
Inuring Retrocessions
PLATINUM RE UK / US / BERMUDA - SCHEDULE OF INURING REINSURANCE : PROPORTIONAL
AS AT 17/10/02
Reference Inception Expiration
No. Name of Contract Date Date Cover Limit
- ---------- ---------------- --------- ----------- ----- -----
International Property
Risk Excess of
Loss & Catastrophe USD 40,000,000
Worldwide Property Excess of Loss Aggregate Cession
1) Excluding Japan 1/1/02 12/31/02 Business (protects Europe) Limit
U.K. / Eire Cat. Excess GBP 100,000,000
UK/Eire Cat. XL Q.S. / of Loss Treaty Business Aggregate Cession
2) 1st & / 2nd Surplus 1/1/02 12/31/02 (protects Europe) Limit
International Property
Catastrophe Excess of GBP 75,000,000
UK/Europe Cat. Loss Business (protects Aggregate Cession
3) XL Quota Share Treaty 1/1/02 12/31/02 Europe) Limit
USD 30,000,000
Aggregate Cession
Japan/Japanese Islands Limit : quake
Property Cat. Excess of USD 20,000,000
Japan Cat. XL Loss Business (protects Aggregate Cession
4) Surplus Treaty 1/1/02 12/31/02 New York & Europe) Limit : windstorm
Reference
No. Name of Contract Projected Prem. Participants % Placed
- ---------- ---------------- --------------- ------------ --------
USD 9m - USD 12m
Worldwide Property [100% treaty Nisshin - 50%
1) Excluding Japan estimate] Nichido - 5% 55%
Nisshin - 14%
UK/Eire Cat. XL Q.S. / GBP 5m [100% PX Re - 10%
2) 1st & / 2nd Surplus treaty estimate] TOA Re - 5% 29%
UK/Europe Cat.
3) XL Quota Share Treaty GBP 3m - GBP 3.5m Montpelier Re - 100% 100%
Japan Cat. XL
4) Surplus Treaty USD 1.2m PX Re - 100% 100%
D-1
Reference Inception Expiration
No. Name of Contract Date Date Cover Limit
- --------- ---------------- --------- ---------- ----- -----
Casualty Clash, Casualty 20% Quota Share
Contingency, Casualty of USD 7,500,000
Casualty Clash Cat. and Workers any one occurrence
5) Quota Share 1/1/96 12/31/02 Comp. Cat. (NY) etc.
Business in the
Pacific Rim Region
Nisshin NM from our NY, Singapore
6) Open Cover 7/1/01 6/30/02 & HK offices SGD 2,000,000
North America
North America Property Catastrophe
Property Cat. business written by
7) Quota Share 4/1/02 12/1/02 NY & Chicago 50% Quota Share
Reference
No. Name of Contract Projected Prem. Participants % Placed
- --------- ---------------- --------------- ------------ --------
Casualty Clash
5) Quota Share $4,200,000 Auto-Owners Ins. Co. 100%
Nisshin NM
6) Open Cover $500,000 Nisshin F & M 100%
North America
Property Cat.
7) Quota Share estimated $12,500,000 Montpelier Re 100%
D-2
PLATINUM RE UK / US / BERMUDA - SCHEDULE OF INURING REINSURANCE :
NON-PROPORTIONAL
AS AT 17/10/02
Inception Expiration
Reference No. Name of Contract Date Date Cover Limit Retention
- ------------- ---------------- --------- ---------- ----- ----- ---------
1a) Marine XL (a) 5/1/01 4/30/02 Protects Europe XL account $1,500,000 $1,000,000
(pound)750,000 (pound)500,000
1b) Marine XL (b) 1/1/02 12/31/02 Protects Europe XL account $5,000,000 $5,000,000
(pound)2,500,000 (pound)2,500,000
1c) Marine XL (c) 1/1/02 12/31/02 Protects Europe XL account $5,000,000 $10,000,000
(pound)2,500,000 (pound)5,000,000
2a) International 7/11/01 7/10/02 Protects Europe $7,500,000 $7,500,000
Property Cat. XL Risk/Prorata/Cat. XL (pound)5,000,000 (pound)5,000,000
business
Projected Placed
Reference No. Name of Contract Reinstatement Premium ROL % Participants
- ------------- ---------------- ------------- --------- --- ------- ------------
1a) Marine XL (a) 1 @ 100% $360,000 26.67% 100% PX Re - 44.20%
(pound)20,000 Lloyd's Synd. 2121 (HYL) - 10%
Cornhill Ins. - 33.33%
XL Re - 12.47%
1b) Marine XL (b) 2 @ 100% $1,125,000 25.00% 100% Lloyd's Synd. 1861 (BRM) - 20%
(pound)62,500 QBE Intnl. London - 30%
Cornhill - 25%
Odyssey London Branch - 25%
1c) Marine XL (c) 2 @ 100% $675,000 15.00% 100% QBE Intnl. London - 50%
(pound)37,500 Cornhill - 25%
Odyssey London Branch - 25%
2a) International 1 @ 100% $843,750 22.50% 100% PX Re - 40%
Property Cat. XL (pound)562,500 GE Frankona Re (Germany) - 20%
Gerling Global (UK) - 1.91%
Safety National Casualty Corp. - 7.61%
Lloyd's Synd. 566 (STN) - 15.24%
Lloyd's Synd. 780 (BFC) - 3.81%
Lloyd's Synd. 2121 (HYL) - 3.81%
Lloyd's Synd. 2027 (COX) - 3.81%
Lloyd's Synd. 2010 (MMX) - 3.81%
D-3
2b) International 7/11/01 7/10/02 Protects Europe $7,500,000 $15,000,000
Property Cat. XL Risk/Prorata/Cat. XL (pound)5,000,000 (pound)10,000,000
business
2c) International 7/11/01 7/10/02 Protects Europe $7,500,000 $22,500,000
Property Cat. XL Risk/Prorata/Cat. XL (pound)5,000,000 (pound)15,000,000
business
3a) Joint Risk XOL 2/13/02 2/12/03 1st layer XS 5M aggregate $2,500,000 $2,500,000
Cover - First Layer
3b) Joint Risk XOL Cover - 2/13/02 2/12/03 Property Risk & Prorata $5,000,000 $5,000,000
Second Layer business (all offices)
2b) International 1 @ 100% $1,162,500 31.00% 100% PX Re - 15.66%
Property Cat. XL (pound)775,000 [18.91% w.e.f. 1/11/02]
GE Frankona Re (Germany) - 25%
XL Re (UK) - 15%
Gerling Global (UK) - 1.54%
Taisei F&M - 3.25% (replaced @1/11/02)
Protective Ins. Co. - 3.25%
Safety National Corp. - 6.5%
Lloyd's Synd. 626 (IRK) - 19.23%
Lloyd's Synd. 566 (STN) - 7.69%
Lloyd's Synd. 958 (GSC) - 1.92%
Lloyd's Synd. 529 (SHE) - 0.96%
2c) International 1 @ 100% $900,000 24.00% 100% PX Re - 12% [14.93% w.e.f. 1/11/02]
Property Cat. XL (pound)600,000 GE Frankona Re (Germany) - 20%
XL Re (UK) - 15%
Gerling Global (UK) - 1.17%
Taisei F&M - 2.93% (replaced @ 1/11/02)
Royal Bank of Canada Ins. Co. - 5.87%
Protective Ins. Co. - 2.93%
Safety National Corp. - 5.86%
Lloyd's Synd. 626 (IRK) - 17.5%
Lloyd's Synd. 566 (STN) - 6.75%
Lloyd's Synd. 2027 (COX) - 4.42%
Lloyd's Synd. 958 (GSC) - 1.76%
Lloyd's Synd. 529 (SHE) - 0.88%
Lloyd's Synd. 727 (SAM) - 2.93%
3a) Joint Risk XOL 1 @ 100% $875,000 35.00% 100% Lloyd's Synd. 566 (STN) - 25%
Cover - First Layer Lloyd's Synd. 780 (BFC) - 15%
Gerling Global (UK) - 2.373%
XL Re - 8.898%
Transatlantic Re - 15%
Lloyd's Synd. 626 (IRK) - 5.933%
Lloyd's Synd. 2010 (MMX) - 4.449%
Lloyd's Synd. 282 (LSM) - 4.449%
GE Frankona - 8.898%
PX Re - 10%
3b) Joint Risk XOL Cover - 1 @ 100% $2,000,000 40.00% 100% Lloyd's Synd. 566 (STN) - 10%
Second Layer Lloyd's Synd. 780 (BFC) - 15%
Gerling Global (UK) - 4%
XL Re - 15%
Transatlantic Re - 20%
Lloyd's Synd. 2010 (MMX) - 3.50%
Lloyd's Synd. 282 (LSM) - 7.50%
GE Frankona - 15%
PX Re - 10%
D-4
4a) International Cat. 3/9/02 2/8/03 International $20,000,000 $50,000,000
XOL - First Layer Risk/Prorata/Cat.
XL (all offices)
4b) International Cat. 3/9/02 2/8/03 International $30,000,000 $70,000,000
XOL - Second Layer Risk/Prorata/Cat.
XL (all offices)
5) Satellite XL 6/12/02 6/11/03 Protects all offices. $10,000,000 $10,000
[Geosynchronous/ 3 satellite warranty.
Geostationary In-Orbit Covers naturally
Reinsurance] occurring phenomena in
space.
6) Latin America & 7/1/00 6/3/06 All loss recoveries on $25,000,000 $15,000,000
Caribbean ILW XOL Latin America and Term Aggregate
Caribbean business Limit - USD 75M
subject to USD 1 Billion
ILW
7) Caribbean ILW XOL 11/1/01 10/31/02 Caribbean Property $15,000,000 $100,000
business subject to an
Industry Loss of
USD1.5 Billion
4a) International Cat. 1 @ 100% $4,800,000 24.00% 100% Lloyd's Synd. 566 (STN) - 12.5%
XOL - First Layer Lloyd's Synd. 780 (BFC) - 10%
Lloyd's Synd. 282 (LSM) - 8%
PX Re - 8%
Renaissance Re - 25%
Di Vinci Re - 12.5%
Transatlantic Re - 10%
GE Frankona Re - 10%
Royal Bank of Canada - 4%
4b) International Cat. 1 @ 100% $4,500,000 15.00% 100% Lloyd's Synd. 566 (STN) - 5%
XOL - Second Layer Lloyd's Synd. 780 (BFC) - 12.5%
Lloyd's Synd. 626 (IRK) - 4.004%
Lloyd's Synd. 2010 (MMX) - 1.202%
Lloyd's Synd. 282 (LSM) - 10.01%
Lloyd's Synd. 1096 (RAS) - 1.602%
Gerling Global (UK) - 0.801%
PX Re - 8.007%
Folksamerica - 16.014%
Renaissance Re - 8.007%
Di Vinci Re - 4.004%
Transatlantic Re - 7.5%
Auto-Owners - 16.015%
Royal Bank of Canada - 2.667%
Protective - 2.667%
5) Satellite XL 0 $575,000 5.75% 100% Renaissance Re - 100%
[Geosynchronous/
Geostationary In-Orbit
Reinsurance]
6) Latin America & margin - $400,000 N/A 56.50% Fuji F & M - 5%
Caribbean ILW XOL Nisshin F & M - 13.5%
Sumitomo - 10%
Taisei F & M - 8%
Toa Re - 20%
7) Caribbean ILW XOL Nil $3,450,000 23.00% 100% Continental Casualty - 100%
D-5
8) N.A. $10 Billion ILW 7/1/01 6/30/02 North American Property $2,500,000 $10,000
business subject to
Industry Loss of USD 10B
9) N.A. $10 Billion ILW 8/1/01 7/31/02 North American Property $2,500,000 $1,000,000
business subject to
Industry Loss of USD 10B
10) N.A. Property / WCA 1/1/02 12/31/02 North American Property $10,000,000 $100,000
Cat $ 30B ILW and Workers Compensation
business subject to ILW
of USD 30 Billion
11) N.A. Property Cat 1/5/02 1/5/03 North American Property $5,000,000 $50,000
$15B ILW business subject to ILW
of USD 15 Billion
12a) Marine XOL - 1st 1/1/02 12/31/02 Marine business for New $5,000,000 $5,000,000
layer [NY] York Office
12b) Marine XOL - 2nd 1/1/02 12/31/02 Marine business for New $5,000,000 $10,000,000
layer [NY] York Office
13) Single Period Accident 1/1/02 12/31/02 Covers aggregate net $200,000,000 79.4% Traditional bus.
Year Aggregate XOL losses incurred on an 93.5% Non-traditional
(Holborn) ultimate accident year business
basis IRO all business
written by All offices
including Discovery Re.
8) N.A. $10 Billion ILW 1 @ 100% $500,000 20.00% 100% Transatlantic Re - 100%
9) N.A. $10 Billion ILW 1 @ 100% $475,000 19.00% 100% IPC Re Limited - 100%
10) N.A. Property / WCA 1 @ 100% $420,000 4.20% 100% Tokio Millenium Re - 100%
Cat $ 30B ILW
11) N.A. Property Cat 1 @ 100% $950,000 19.00% 100% Odyssey Re - 100%
$15B ILW
12a) Marine XOL - 1st 1 @ 100% $1,125,052 22.50% 100% Lloyd's Synd. 457 (WTK) - 7.5%
layer [NY] Cornhill - 21.5%
Folksamerica Re - 30%
Lloyd's Synd. 2 (WHS) - 20%
Nisshin F & M - 1%
XL Mid Ocean Re - 20%
12b) Marine XOL - 2nd 1 @ 100% $624,982 12.50% 100% Lloyd's Synd. 457 (WTK) - 7.5%
layer [NY] Cornhill - 21.5%
Folksamerica Re - 30%
Lloyd's Synd. 2 (WHS) - 20%
Nisshin F & M - 1%
XL Mid Ocean Re - 20%
13) Single Period Accident $4,750,000 100% Underwriters Reinsurance - 53.75%
Year Aggregate XOL London Life & General - 25%
(Holborn) PMA Reins. - 10%
Hannover Re - 9%
E & S Reins. - 2.25%
D-6
14) Workers' Compensation 1/1/02 12/31/02 Covers Workers' $50,000,000 $75,000,000
Cat. XOL (Holborn) 1/1/03 12/31/02 Compensation $50,000,000 $75,000,000 Annual Agg Of 50M
treaty business
15) Puerto Rico ILW XOL 7/26/02 7/25/03 Property business subject $10,000,000 $10,000
to an Industry Loss of
USD1.5 Billion
14) Workers' Compensation $10,000,000 100% Swiss Re - 81.25%
Cat. XOL (Holborn) Hanover - 15%
E & S Reins. - 3.75%
15) Puerto Rico ILW XOL Nil $1,250,000 12.50% 100% ACE Tempest Re - 50%
Renaissance Re - 50%
D-7
EXHIBIT E
Allocation of Recoveries
1. Recoveries allocable to this contract available under an Inuring Retrocession
shall be allocated between the parties in proportion to the losses otherwise
recoverable.
2. Any and all loss recoveries and premium adjustments allocable to this
contract resulting from triggering the 2002 Holborn cover will be allocated
between The St. Paul Companies and Retrocessionaire and its affiliates
("Platinum Re") based on variance from plan and in accordance with the existing
methodology shown below.
Variance from plan at an underwriting year level will be the basis for the
allocation. The 2000, 2001 and 2002 underwriting year plan loss ratios
associated with the 2002 calendar year plan loss ratio will be compared to
indicated ultimate loss ratios for the same underwriting years. These indicated
ultimate loss ratios are the same ones used to determine if the Holborn cover
has been triggered. The 2002 underwriting year must be segmented into three
pieces. Namely, that business written on Fire and Marine paper and subject to
transfer, that written on Fire and Marine paper and not subject to transfer and
that written on Platinum Re paper. The distinction is warranted as the cession
to Platinum Re will be net of the Holborn cover. The variance in loss ratio by
underwriting year will be multiplied by the respective underwriting year's EP
component in the 2002 calendar year. This is the same EP by underwriting year
that was used to calculate the total 2002 Holborn Year's EP. This dollar
variance will be the basis for determining the distribution to be applied to the
total loss recovery and AP. It is in this manner that the total loss recovery
and AP attributable to the 2002 Holborn Year will be allocated to underwriting
year. To the extent that the recoveries and AP's have been allocated to the 2000
and 2001 underwriting years they will be afforded to The St. Paul Companies.
Similarly, the allocation to that part of the 2002 underwriting year pertaining
to non-transferred business will also be realized by The St. Paul Companies. The
allocation pertaining to business written on The St. Paul paper and transferred
will be used in determining the net transferred business that will be ceded to
Platinum Re. The remaining allocation associated with 2002 underwriting year
business written on Platinum Re paper will inure to the benefit of Platinum Re
directly. The margin for the 2002 Holborn cover will be distributed based on
earned premium and allocated between The St. Paul Companies and Platinum Re by
underwriting year.
E-1
EXHIBIT F
Allocation of Retrocessional Premiums
1. Ceded premium allocable to this contract will be allocated between the
parties and to the underwriting year in proportion to the earned subject
premium. Ceding commission will be allocated in the same manner.
2. Reinstatement premium allocable to this contract due in respect of
non-proportional Inuring Retrocessions will be allocated between the parties in
proportion to the related allocated recoverable losses.
3. Any and all loss recoveries and premium adjustments allocable to this
contract resulting from triggering the 2002 Holborn cover will be allocated
between The St. Paul Companies and Platinum Re based on variance from plan and
in accordance with the existing methodology shown below.
Variance from plan at an underwriting year level will be the basis for the
allocation. The 2000, 2001 and 2002 underwriting year plan loss ratios
associated with the 2002 calendar year plan loss ratio will be compared to
indicated ultimate loss ratios for the same underwriting years. These indicated
ultimate loss ratios are the same ones used to determine if the Holborn cover
has been triggered. The 2002 underwriting year must be segmented into three
pieces. Namely, that business written on Fire and Marine paper and subject to
transfer, that written on Fire and Marine paper and not subject to transfer and
that written on Platinum Re paper. The distinction is warranted as the cession
to Platinum Re will be net of the Holborn cover. The variance in loss ratio by
underwriting year will be multiplied by the respective underwriting year's EP
component in the 2002 calendar year. This is the same EP by underwriting year
that was used to calculate the total 2002 Holborn Year's EP. This dollar
variance will be the basis for determining the distribution to be applied to the
total loss recovery and AP. It is in this manner that the total loss recovery
and AP attributable to the 2002 Holborn Year will be allocated to underwriting
year. To the extent that the recoveries and AP's have been allocated to the 2000
and 2001 underwriting years they will be afforded to The St. Paul Companies.
Similarly, the allocation to that part of the 2002 underwriting year pertaining
to non-transferred business will also be realized by The St. Paul Companies. The
allocation pertaining to business written on The St. Paul paper and transferred
will be used in determining the net transferred business that will be ceded to
Platinum Re. The remaining allocation associated with 2002 underwriting year
business written on Platinum Re paper will inure to the benefit of Platinum Re
directly. The margin for the 2002 Holborn cover will be distributed based on
earned premium and allocated between The St. Paul Companies and Platinum Re by
underwriting year.
4. The $10 million of premium payable for 2002 under the Workers Compensation
Catastrophe Excess of Loss $50 million excess of $75 million Retrocession
Contract will be split $1 million for Platinum Re and $9 million for The St.
Paul Companies. Such contract has a feature that states that for certain
unfavorable experience on the Whole Account Stop Loss Cover the premium on this
cover could reduce by as much as $9
F-1
million. In this event the reduction in ceded premium would benefit The St. Paul
Companies exclusively. The Platinum Re share would remain at $1 million.
The contract has a feature that allows the Retrocessionaire to renew the
cover if it is in a loss position. In this event the subsequent years' premium
will be split in proportion to the losses incurred to the cover.
F-2
EXHIBIT G
Allocation of Limits
Available limits under an Inuring Retrocession shall be allocated between
the parties in proportion to the losses otherwise recoverable.
G-1
EXHIBIT H
Form of Retrocedant's Report
Retrocedant will provide the following information separately for each coverage
period on a monthly basis:
a) Transaction listing at assumed policy level showing all revenue items
including booked premiums, booked acquisition costs and paid losses
entered in Retrocedant's books during the relevant accounting period.
b) Claims listing at assumed policy level showing loss description, date
of loss, paid amount and outstanding case reserve.
c) Listing of Inuring Retrocession amounts allocated to Retrocessionaire
during the relevant accounting period including details of
non-proportional Inuring Retrocession premiums and recoverables.
Note 1 relating to (a) and (b): Revenue and reserve amounts will be shown in the
accounting currency used by Retrocedant for the purposes of its own books.
Note 2 relating to (a) and (b): Transaction and claims listings will include
gross amounts and proportional Inuring Retrocession amounts.
Note 3 relating to (c): Retrocession amounts will be paid to Retrocessionaire
only following receipt by Retrocedant. These amounts together with any unpaid
amounts that are due to Retrocessionaire but not yet received by Retrocedant
will be included in the listing of Inuring Retrocession amounts.
H-1
Contracts Effective from IPO close to 12/31/02
All Reserving Classes
Month 1
Assumed Results Ceded Contract Net Account
US$ Equivalents
Premiums written
Change in UPR
Premiums earned
Losses paid
Change in loss reserves
Incurred losses
Original commissions
Brokerage
Other
Total charges
Underwriting result
SP Commissions
UPR's
Case Reserves
Funds Withheld
H-2
Contracts Effective from IPO close to 12/31/02
Assumed Results By Revenue Class
Month 1
Reserving Class 1 Reserving Class 2 Reserving Class 3 Total
US$ Equivalents
Premiums written
Change in UPR
Premiums earned
Losses paid
Change in loss reserves
Incurred losses
Original commissions
Brokerage
Other
Total charges
Underwriting result
SP Commissions
UPR's
Case Reserves
H-3
Contracts Effective from IPO close to 12/31/02
Assumed Results By Contract
Contract/ Cat SOA Premiums Chg in Premiums Losses Chge In
Contract/Claim No Cedant Claim Des ID Pd/ Dol Written UPR Earned Paid Case
----------------- ------ --------- --- ------- -------- ------ -------- ------ -------
US$ Equivalents
Reserving Class 1
Contract 1
Claim No 1
Contract 2
Contract 3
Claim No 2
Contract 4
Contract 5
Contract 6
Total Reserving Class 1
Reserving Class 2
Contract 7
Contract 8
Contract 9
Contract 10
Contract 11
Contract 12
Total Reserving Class 2
Reserving Class 3
Contract 13
Contract 14
Contract 15
Contract 16
Contract 17
Contract 18
Contract 19
Contract 20
Total Reserving Class 3
Total
Incurred Total U/W Funds
Contract/Claim No Losses Commissions Brokerage Other Chgs Result UPR Case W/H
----------------- -------- ----------- --------- ----- ----- ------ --- ---- -----
US$ Equivalents
Reserving Class 1
Contract 1
Claim No 1
Contract 2
Contract 3
Claim No 2
Contract 4
Contract 5
Contract 6
Total Reserving Class 1
Reserving Class 2
Contract 7
Contract 8
Contract 9
Contract 10
Contract 11
Contract 12
Total Reserving Class 2
Reserving Class 3
Contract 13
Contract 14
Contract 15
Contract 16
Contract 17
Contract 18
Contract 19
Contract 20
Total Reserving Class 3
Total
H-4
Contracts Effective 1/1/02 to IPO close
All Reserving Classes
Month 1
Assumed Results Ceded Contract Net Account
US$ Equivalents
Premiums written
Change in UPR
Premiums earned
Losses paid
Change in loss reserves
Incurred losses
Original commissions
Brokerage
Other
Total charges
Underwriting result
SP Commissions
UPR's
Case Reserves
Funds Withheld
H-5
Contracts Effective 1/1/02 to IPO close
Assumed Results By Revenue Class
Month 1
Reserving Class 1 Reserving Class 2 Reserving Class 3
Total
US$ Equivalents
Premiums written
Change in UPR
Premiums earned
Losses paid
Change in loss reserves
Incurred losses
Original commissions
Brokerage
Other
Total charges
Underwriting result
SP Commissions
UPR's
Case Reserves
H-6
Contracts Effective 1/1/02 to IPO close
Assumed Results By Contract
Contract/ Cat SOA Premiums Chg in Premiums Losses Chge In
Contract/Claim No Cedant Claim Des ID Pd/ Dol Written UPR Earned Paid Case
----------------- ------ --------- --- ------- -------- ------ -------- ------ -------
US$ Equivalents
Reserving Class 1
Contract 1
Claim No 1
Contract 2
Contract 3
Claim No 2
Contract 4
Contract 5
Contract 6
Total Reserving Class 1
Reserving Class 2
Contract 7
Contract 8
Contract 9
Contract 10
Contract 11
Contract 12
Total Reserving Class 2
Reserving Class 3
Contract 13
Contract 14
Contract 15
Contract 16
Contract 17
Contract 18
Contract 19
Contract 20
Total Reserving Class 3
Total
Incurred Total U/W Funds
Contract/Claim No Losses Commissions Brokerage Other Chgs Result UPR Case W/H
----------------- -------- ----------- --------- ----- ----- ------ --- ---- -----
US$ Equivalents
Reserving Class 1
Contract 1
Claim No 1
Contract 2
Contract 3
Claim No 2
Contract 4
Contract 5
Contract 6
Total Reserving Class 1
Reserving Class 2
Contract 7
Contract 8
Contract 9
Contract 10
Contract 11
Contract 12
Total Reserving Class 2
Reserving Class 3
Contract 13
Contract 14
Contract 15
Contract 16
Contract 17
Contract 18
Contract 19
Contract 20
Total Reserving Class 3
Total
H-7
Open Claim Report by Broker, Office, Department, UW Year, Primary UW
Company: StPaulRe
Broker: Aon Re. Le Blanc Page: 2 of 30
Office: Los Angeles Process Date: 6-May
Dept: International Treaty Marine
UW Contract Primary Cedant Insured
Broker Year Number Underwriter Name Name
Aon Re. Le Blanc 2000 00000123400 LRYAN Kemper Group Abacus Corp
Aon Re. Le Blanc 2000 00000298100 LRYAN Commercial America Aztec Properties
Total UW Year: 2000
Total Dept: International Treaty
Marine
Total Office: Los Angeles
Total Broker Aon Re. Le Blanc
Broker: Global Risk LLC
Office: New York
Dept: International Treaty Marine
Global Risk LLC 2000 00000123400 KMARI Kemper Group Abacus Corp.
Global Risk LLC 2000 00000298100 KMARI Commercial America Aztec Properties
Total UW Year: 2000
Total Dept: International Treaty
Marine
Total Office: New York
Total Broker Global Risk LLC
Claim OSR ACR/DCR Paid Incurred
Broker Status Amount Amount Amount Amount
Aon Re. Le Blanc Open 1,500 123 500 2,123
Aon Re. Le Blanc Open 100 50 75 225
Total UW Year: 2000 1600 173 575 2,348
Total Dept: International Treaty 1600 173 575 2,348
Marine
Total Office: Los Angeles 1600 173 575 2,348
Total Broker Aon Re. Le Blanc 1600 173 575 2,348
Broker: Global Risk LLC
Office: New York
Dept: International Treaty Marine
Global Risk LLC Open 120 30 25 175
Global Risk LLC Open 50 10 20 80
Total UW Year: 2000 170 40 45 255
Total Dept: International Treaty 170 40 45 255
Marine
Total Office: New York 170 40 45 255
Total Broker Global Risk LLC 170 40 45 255
H-8
Rpt 2: Report by Office Department, Contract #, Underwriting Year
Open Claim Report by Office, Department, UW Year, Primary UW
Company: StPaulRe
Office: Los Angeles
Dept: International Treaty Marine Page: 2 of 30
UW Year: 2000 Process Date: 6-May
Cat Name: 0021 Flood Hail Tornados Wind Process Date: 6-May
UW Contract Primary Cedant Insured Claim
Year Number Underwriter Name Name Status
2000 00000123400 LRYAN Kemper Group Abacus Corp Open
2000 00000298100 LRYAN Commercial America Aztec Properties Open
Total Primary Underwriter: LRYAN
2000 00000123400 KMARI Kemper Group Abacus Corp.
2000 00000298100 KMARI Commercial America Aztec Properties
Total Primary Underwriter: KMARI
Total UW Year: 2000
Total Dept: International Treaty Marine
Total Office: Los Angeles
UW OSR ACR/DCR Paid Incurred
Year Amount Amount Amount Amount
2000 1,500 123 500 2,123
2000 100 50 75 225
Total Primary Underwriter: LRYAN 1600 173 575 2,348
2000 120 30 25 175
2000 50 10 20 80
Total Primary Underwriter: KMARI 170 40 45 255
Total UW Year: 2000 1770 213 620 2,603
Total Dept: International Treaty Marine 1770 213 620 2,603
Total Office: Los Angeles 1770 213 620 2,603
H-9
Rpt 3: Report by Claim, LOB, currency
Open Claim Report by Claim Number LOB Currency
Company: StPaulRe Page: 2 of 30
Office: Los Angeles Process Date 6-May
Dept: International Treaty Marine
Contract UW Primary Claim Short Date of Date Cause of
Number Year Underwriter Number LOB Loss Reported Injury Loss
-------- ---- ----------- ------ ----- ------- -------- ------ --------
00000123400 1998 LRYAN 000927826 Cas-FDLTY 4/9/96 4/9/96 Paraplegic Derailment
00000123400 1998 LRYAN 000927826 Cas-Environm 4/9/96 4/9/96 Paraplegic Derailment
00000123400 1998 LRYAN 000927826 Cas-Umb/Cor 4/9/96 4/9/96 Birth Defect Derailment
00000123400 2000 LRYAN 000927123 Cas-Umb/Cor 3/3/99 3/3/99 Birth Defect High Winds
00000123400 2001 LRYAN 000929820 Cas-Umb/Cor 5/1/00 5/1/00 Serious Burn Misc.
Total Dept: International Treaty Marine
Total Office: Los Angeles
Contract Claim Cedant Insured OSR ACR/DCR Paid Incurred
Number Status Name Name Ccy Amount Amount Amount Amont
-------- ------ ------ ------- --- ------ ------- ------ --------
<s>
00000123400 Open Kemper Group Abacus Corp USD 1,500 123 500
00000123400 Open Kemper Group USD 100 10 30
00000123400 Open Kemper Group USD 200 15 10
00000123400 Open Kemper Group Abacus Corp CAD 500 80 45
00000123400 Open Kemper Group Abacus Corp FRF 800 25 30
Total Dept: International Treaty Marine 3,100 253 615
Total Office: Los Angeles 3,100 253 615
H-10
Rpt 4: Catastrophe comparison report (stand alone)
Catastrophe Report - Incurred Comparison By Acct Period
Company: StPaulRe
Office: Los Angeles Page: 2 of 30
Process Date: 6-May
ISO Cat Catastrophe Date Prop Prev
Cat Code Year Name From Incurred Amt
0013 2000 0013 Freeze Hail Wind 1/22/2000 200
0021 2000 0021 Flood Hail Tornados Wind 5/8/2000 100
Total Office: Los Angeles 300
ISO Prop Curr Prop Non Prop Prev Non Prop Curr Non Prop
Cat Code Incurred Amount Tot Change Incurred Amt Incurred Amt Tot Change
0013 300 100 20 90 70
0021 130 30 140 160 20
Total Office: Los Angeles 430 160 250
H-11
Rpt 5: Catastrophe Detail report
Cat Report Detail by contract Num, Claim Num
Company: StPaulRe
Office: Los Angeles
Dept: International Treaty Marine Page: 2 of 30
Cat Name: 0021 Flood Hail Tornados Wind Process Date: 6-May
Contract UW Primary Claim Date of Date Cause of Claim Cedant Insured
Number Year Underwriter Number Loss Reported Loss Status Name Name
00000123400 1998 LRYAN 000927826 4/9/86 4/9/86 Derailment Open Kemper Group Abacus Corp.
00000123400 2000 LRYAN 000927123 3/3/89 3/3/89 High Winds Open Kemper Group Abacus Corp.
00000123400 2001 LRYAN 000927826 5/1/00 5/1/00 Misc. Open Kemper Group Abacus Corp.
Total Cat: 0021 Flood Hail Tornados Wind
Total Dept: International Treaty Marine
Total Office: Los Angeles
Contract OSR ACR/DCR Paid Incurred Contract Attach
Number Amount Amount Amount Amount Limit Retention Point
00000123400 29,500 123 500 30,123 23 2
00000123400 500 80 45 625 23 3
00000123400 800 25 30 875 22 4
Total Cat: 0021 Flood Hail Tornados Wind 30,800 228 575 31,623
Total Dept: International Treaty Marine 30,800 228 575 31,623
Total Office: Los Angeles 30,800 228 575 31,623
H-12
Rpt 6: Catastrophe Summary report
Catastrophe Report - Summary
Company: StPaulRe Page: 1 of 15
Office: Los Angeles Process Date: 12/8/2001
ISO Cat Catastrophe Date Date OSR ACR/DCR Paid Incurred
Cat Code Year Name From To Amount Amount Amount Amount
0013 2000 0013 Freeze Hail Wind 1/22/2000 1/22/2000 200 300 100 600
0021 2000 0021 Flood Hail Tornados 5/8/2000 5/8/2000 100 130 30 260
Wind
Total Office: Los Angeles 300 430 860
H-13
St Paul Re Contract Activity Executive System Generated Quarterly
Summary By Department, Reporting Class, UW Year
User Name: Fernando Maravi
Run Time: 18-May-2002 03:57 AM
UW
Reserving Class Year Office Written Premium Unearned Begin Unearned End Earned Premium
- --------------- ---- ------ --------------- -------------- ------------ --------------
Department Group: North American Casualty
First Dollar WC 1984 Morristown 0 0 0 0
Total for 1984 0 0 0 0
First Dollar WC 1985 Morristown 0 0 0 0
Total for 1985 0 0 0 0
First Dollar WC 1986 Morristown 0 0 0 0
Total for 1986 0 0 0 0
First Dollar WC 1996 New York 2,559 0 0 2,559
Total for 1996 2,559 0 0 2,559
First Dollar WC 1997 New York 116,031 0 0 116,031
Total for 1997 116,031 0 0 116,031
First Dollar WC 1998 New York 144,163 0 0 144,163
Total for 1998 144,163 0 0 144,163
First Dollar WC 1999 Chicago -7,995 0 0 -7,995
First Dollar WC 1999 New York -346,522 357,485 0 10,963
Total for 1999 -354,517 357,485 0 2,968
First Dollar WC 2000 Chicago 28,807 160,559 37,313 152,053
Total for 2000 28,807 160,559 37,313 152,053
First Dollar WC 2001 Chicago 315,159 222,965 338,571 199,553
First Dollar WC 2001 New York -1,561,316 2,445,990 132,779 751,895
Total for 2001 -1,246,258 2,668,955 471,350 951,447
Total for First Dollar WC -1,309,114 3,186,999 508,663 1,369,222
Non Cat Rpt Loss Tracked Cat Rpt Total Rpt Loss Commi
Reserving Class Chng Loss Chng Chng R.L. Ratio Brok
- --------------- --------------- --------------- -------------- ---------- -----
Department Group: North American Casualty
First Dollar WC -13,163 0 -13,163 0%
Total for 1984 -13,163 0 -13,163 0%
First Dollar WC -1,151 0 -1,151 0%
Total for 1985 -1,151 0 -1,151 0%
First Dollar WC -15,029 0 -15,029 0%
Total for 1986 -15,029 0 -15,029 0%
First Dollar WC -262,308 0 -262,308 -10252%
Total for 1996 -262,308 0 -262,308 -10252%
First Dollar WC 115,278 0 115,278 99%
Total for 1997 115,278 0 115,278 99%
First Dollar WC 12,779 0 12,779 9%
Total for 1998 12,779 0 12,779 9%
First Dollar WC -17,974 0 -17,974 2259%
First Dollar WC 280,573 0 280,573 2559%
Total for 1999 262,600 0 262,600 8847%
First Dollar WC 110,642 0 110,642 73%
Total for 2000 110,642 0 110,642 73%
First Dollar WC 39,368 0 39,368 20%
First Dollar WC 311,976 0 311,976 41%
Total for 2001 351,344 0 351,344 37%
Total for First Dollar WC 560,991 0 560,991 41%
H-14
St Paul Re Contract Activity Executive System Generated Quarterly
By Department, Reporting Class, UW Year, Office, Cedant
User Name: Fernando Maravi
Run Time: 18-May-2002 03:57 AM
UW Contract User Title / Insured Written
Year Cedant Office Number Name UWer Premium
- ---- ------ ------ -------- -------------------- ---- -------
Department Group: North American Casualty
Reporting Class: First Dollar WC
1984 Warwick Ins Co. Morristown M00000033U0 70% QUOTA SHARE JHIGG 0
Total for Morristown 0
Total for 1984 /
1985 Warwick Ins Co. Morristown M00000033U0 70% QUOTA SHARE JHIGG 0
Total for Morristown 0
Total for 1985 /
1986 Warwick Ins Co. Morristown M00000033U0 50% QUOTA SHARE JHIGG 0
Total for Morristown 0
Total for 1986 /
1996 Florida Hospitality New York TC961532500 WORKERS' COMP. Q/S MSMIL 3,603
1996 Zurich Reinsurance C New York TC970319300 WORKERS' COMP. JBEND -1,044
Total for New York 2,559
Total for 1996 2,559
1997 Bridgefield Employer New York TC970573400 WORKERS' COMP. MFELD 25,642
1997 Great American Ins. New York 00000295400 Deep South WC Quota MSMIL 0
1997 Safety National Cas. New York 00001056400 Primary Workers' Comp. ASARI 90,389
Total for New York 116,031
Total for 1997 116,031
1998 Associated Industrie New York 00000687600 WORKERS WDZUG 0
1998 Florida Hospitality New York TC961532500 WORKERS' COMP. Q/S MSMIL 1,781
1998 Great American Ins. New York 00000295400 Deep South WC Quota MSMIL 401
1998 Safety National Cas. New York 00001056400 Primary Workers' Comp. ASARI 205,974
1998 Zurich Reinsurance C New York TC970319300 WORKERS' COMP. JBEND -63,992
Total for New York 144,163
Total for 1998 144,163
UW Earned Non Cat Rpt Tracked Cat Total Rpt
Year Cedant Unearned Unearned End Premium Loss Chng Rpt Loss Chng
- ---- ------ -------- ------------ ------- ----------- ----------- ---------
Department Group: North American Casualty
Reporting Class: First Dollar WC
1984 Warwick Ins Co. 0 0 0 -13,163 0 -1
Total for Morristown 0 0 0 -13,163 0 -1
Total for 1984 / / / -13,163 0 -1
1985 Warwick Ins Co. 0 0 0 -1,151 0 -
Total for Morristown 0 0 0 -1,151 0 -
Total for 1985 / / / -1,151 0 -
1986 Warwick Ins Co. 0 0 0 -15,029 0 -1
Total for Morristown 0 0 0 -15,029 0 -1
Total for 1986 / / / -15,029 0 -1
1996 Florida Hospitality 0 0 3,603 30,549 0 3
1996 Zurich Reinsurance C 0 0 -1,044 -292,857 0 -29
Total for New York 0 0 2,559 -262,308 0 -26
Total for 1996 0 0 2,559 -262,308 0 -26
1997 Bridgefield Employer 0 0 25,642 86,406 0 8
1997 Great American Ins. 0 0 0 -15,759 0 -1
1997 Safety National Cas. 0 0 90,389 44,630 0 4
Total for New York 0 0 116,031 115,278 0 11
Total for 1997 0 0 116,031 115,278 0 11
1998 Associated Industrie 0 0 0 -80,296 0 -8
1998 Florida Hospitality 0 0 1,781 42,439 0 4
1998 Great American Ins. 0 0 401 -4,440 0 -
1998 Safety National Cas. 0 0 205,974 58,602 0 5
1998 Zurich Reinsurance C 0 0 -63,992 -2,897 0 -
Total for New York 0 0 144,163 12,779 0 1
Total for 1998 0 0 144,163 12,779 0 1
H-15
St Paul Re Contract Activity Executive System Generated Quarterly
By Department, Reporting Class, UW Year, Office, Cedant
User Name: Fernando Maravi
Run Time: 18-May-2002 03:57 AM
UW Contract User Title / Insured Written
Year Cedant Office Number Name UWer Premium
- ---- ------ ------ ------- -------------------- ---- -------
Department Group: North American Casualty
Reporting Class: First Dollar WC
1999 National Interstate Chicago 00002488700 Hawaii WC QS THEIN -7,995
Total for Chicago (Treaty) -7,995
1999 Associated Industrie New York 00000687600 WC WDZUG 0
1999 Safety National Cas. New York 00001056400 Primary Workers' Comp. ASARI -244,350
1999 Zurich Reinsurance C New York TC970319300 WORKERS' COMP. JBEND -102,172
Total for New York -346,522
Total for 1999 -354,517
2000 National Interstate Chicago 00002488700 Hawaii WC QS THEIN 28,807
Total for Chicago (Treaty) 28,807
Total for 2000 28,807
2001 National Interstate Chicago 00002488700 Hawaii WC QS THEIN 226,253
2001 Safety National Cas. Chicago 00003670600 Talon W/C Quota Share KFRY 88,906
Total for Chicago (Treaty) 315,159
2001 Associated Industrie New York 00000687600 Workers' Comp. WDZUG -2,062,720
2001 Discover Reinsurance New York 00003978700 Sec B Agg QS JGEAR 8,338
2001 Safety National Cas. New York 00001056400 Primary Workers' Comp. ASARI 493,065
Total for New York -1,561,316
Total for 2001 -1,246,158
Total for First Dollar WC -1,309,114
UW Earned Non Cat Rpt Tracked Cat Total Rpt
Year Cedant Unearned Unearned End Premium Loss Chng Rpt Loss Chng
- ---- ------ -------- ------------ ------- ----------- ----------- ---------
Department Group: North American Casualty
Reporting Class: First Dollar WC
1999 National Interstate 0 0 -7,995 -17,974 0 -1
Total for Chicago (Treaty) 0 0 -7,995 -17,974 0 -1
1999 Associated Industrie 0 0 0 -186,848 0 -18
1999 Safety National Cas. 357,485 0 113,135 362,415 0 36
1999 Zurich Reinsurance C 0 0 -102,172 105,007 0 10
Total for New York 357,485 0 10,963 280,573 0 28
Total for 1999 357,485 0 2,968 262,600 0 26
2000 National Interstate 160,559 37,313 152,053 110,642 0 11
Total for Chicago (Treaty) 160,559 37,313 152,053 110,642 0 11
Total for 2000 160,559 37,313 152,053 110,642 0 11
2001 National Interstate 222,965 338,571 110,647 14,162 0 1
2001 Safety National Cas. 0 0 88,906 25,206 0 2
Total for Chicago (Treaty) 222,965 338,571 199,553 39,368 0 3
2001 Associated Industrie 2,317,552 0 254,943 122,646 0 12
2001 Discover Reinsurance 0 0 8,338 0 0
2001 Safety National Cas. 128,327 132,779 488,613 189,330 0 18
Total for New York 2,445,990 132,779 751,895 311,976 0 31
Total for 2001 2,668,955 471,350 951,447 351,344 0 35
Total for First Dollar WC 3,186,999 508,663 1,369,222 560,991 0 56
H-16
EXHIBIT I
Allocation of Administrative Expenses
Retrocessionaire shall pay to Retrocedant the "actual cost" to Retrocedant
(which shall consist of Retrocedant's direct and reasonable indirect costs), as
certified in good faith by Retrocedant. For greater certainty, the parties agree
that "actual cost" will include any incremental and out-of-pocket costs incurred
by Retrocedant in connection with the administrative services provided
hereunder, including the conversion, acquisition and disposition cost of
software and equipment acquired for the purposes of providing the services and
the cost of establishing requisite systems and data feeds and hiring necessary
personnel.
No later than 30 days following the last day of each calendar quarter,
Retrocedant shall provide Retrocessionaire with a report setting forth an
itemized list of the services provided to Retrocessionaire during such last
calendar quarter, in a form agreed to by the parties. Retrocessionaire shall
promptly (and in no event later than 30 days after receipt of such report,
unless Retrocessionaire is contesting the amount set forth in the report in good
faith) pay to Retrocedant by wire transfer of immediately available funds all
amounts payable as set forth in such report. Each party will pay all taxes for
which it is the primary obligor as a result of the provision of any service
under this Agreement; provided, that Retrocessionaire shall be solely
responsible for, and shall reimburse Retrocedant in respect of, any sales, gross
receipts or transfer tax payable with respect to the provision of any service
under this Agreement, and any such reimbursement obligation shall be in addition
to Retrocessionaire's obligation to pay for such service.
I-1