EXHIBIT 10.52
EXECUTION COPY
100% QUOTA SHARE RETROCESSION AGREEMENT
(TRADITIONAL)
BY AND BETWEEN
ST. PAUL REINSURANCE COMPANY LIMITED
(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. London 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 REINSURANCE COMPANY LIMITED, a United Kingdom 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:
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 the Initial Consideration Section herein),
under all reinsurance and retrocession contracts (each, a "REINSURANCE
CONTRACT") that:
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(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 traditional contracts entered into by
Retrocedant pursuant to Clause 4.1 or 4.3 of Part B of the UK
Underwriting Agency and Underwriting Management Agreement (the
"AGENCY AGREEMENT") between Retrocedant and Platinum Re (UK)
Limited of even date herewith, and that Retrocedant has
consented to being retroceded to Retrocessionaire
but in each case excluding reinsurance contracts entered into otherwise
than pursuant to Clause 4.1 or 4.3 of Part B of the Agency Agreement
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 (other than a Reinsurance Contract entered
into pursuant to Clause 4.1 or 4.3 of Part B of the Agency Agreement)
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 commission 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 the Premiums and Additional
Consideration section herein, which reserves shall also be retained by
Retrocedant. All liabilities for ceding commissions and brokerage fees
in excess of such carrying value shall be assumed by Retrocessionaire,
as provided for above.7
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
(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,
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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.
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 shall remain continuously in force
until all Reinsurance Contracts are terminated, expired, cancelled or
commuted.
COVERAGE
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 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.
PREMIUMS AND ADDITIONAL CONSIDERATION
SECTION A (RETROSPECTIVE) COVERAGE PERIOD -- PREMIUMS.
(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 31 December 2001 as filed with the Financial
Services Authority (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
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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, determined in accordance with this Section 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 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.
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, 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.
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 30 September, 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
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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 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, shall be for the account of
Retrocessionaire and no such amounts shall be retained by or payable to
Retrocedant.
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 brokerage fees and net of Inuring Retrocession premium
as provided for in the Initial Consideration Section 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 31 December 2001 as filed with the Financial Services Authority
(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 31 December 2001 as filed
with the Financial Services Authority (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
premium as provided for in the Initial Consideration Section 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 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.
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(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 the Additional Consideration Section and as allocated
pursuant to Exhibit F.
(e) 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.
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 and the Final Ceding Commission Reserves. If
Retrocessionaire so notifies Retrocedant of any material objection(s)
to the Proposed Accounting or the Final Ceding Commission Reserves, 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
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
subsection B of this Section, it being understood that arbitration
according to Section 4.03(b) shall be the sole remedy 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
subsection (b) of this Section.
(b) Any amount remaining in dispute at the conclusion of
the Resolution Period for which Retrocedant has not elected the
remedies set forth in (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
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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
A.I.D.A. Reinsurance and Insurance Arbitration Society of the UK
("ARIAS UK"). 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, 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
London, England 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 accordance with the first sentence of this
Section (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 (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 represent the exclusive remedy for
disputes arising between the parties with respect to the Proposed
Accounting and that the dispute mechanisms set forth in the Arbitration
Section shall be the exclusive remedy for all disputes not relating to
the Proposed Accounting.
RETROCEDANT CEDING COMMISSION
With respect to the Reinsurance Contracts ceded under Section B
(Prospective Coverage Period -- Premiums (d), 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
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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
Commission shall also include all underwriting fees and other costs and
expenses paid by Retrocedant pursuant to the Agency Agreement between
Retrocedant and Platinum Re (UK) Limited, 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.
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.
INURING RETROCESSIONS
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.
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.
INURING RETROCESSIONS CLAIMS
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
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associate with Retrocedant, at Retrocessionaire's own expense, in any
actions brought by Retrocedant to make such collections.
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.
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 B (Prospective) Coverage Period section,
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.
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.
TERMINATION OR COMMUTATION OF INURING RETROCESSIONS
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.
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.
LOSS AND LOSS EXPENSE; SALVAGE AND SUBROGATION; FOLLOW THE
FORTUNES
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 the Premiums and Additional
Consideration section herein) 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.
9
In the event of a claim under a Reinsurance Contract, 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 the Administration
subsection 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.
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 the Arbitration Section hereof.
ADMINISTRATION OF REINSURANCE CONTRACTS
ADMINISTRATION
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 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.
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 the Extra Contractual Obligations
10
section 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 the Indemnification section herein.
REPORTING AND REGULATORY MATTERS
Each party shall provide the notices and filings required to be made by
it to relevant 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.
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.
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 relevant insurance regulators, brokers and other service providers
and reinsureds and all notices of claims, suits and actions for which
it receives service of process.)
REPORTS AND REMITTANCES
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 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.
REMITTANCES
Within ten Business Days after delivery of each monthly report pursuant
to the Report subsection of this Section, 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
subsection (d) of the Section A (Retrospective) Coverage Period Section
and subsection (b) of the Section B (Prospective) Coverage Period
Section herein, after which time, such premiums shall be remitted by
Retrocedant to Retrocessionaire.
11
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").
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.
CURRENCY
For purposes of this Agreement, where Retrocedant receives premiums or
pays losses in currencies other than United States dollars, GBP or
Euros, such premiums or losses shall (subject to the consent of
Retrocessionaire, not to be unreasonably withheld or delayed) 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.
MAINTENANCE OF LICENSES
Each of Retrocedant and Retrocessionaire hereby covenants to maintain
at all times all licences and authorisations required to undertake the
actions contemplated hereby.
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
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
Section 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 Section 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
12
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
Section.
INDEMNIFICATION
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 wilful
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 the Cost Reimbursement subsection
hereof.
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 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.
INDEMNIFICATION PROCEDURES
(a) If a party seeking indemnification pursuant to this Section
(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 the Indemnification by Retrocedant
and the Indemnification by Retrocessionaire subsections of
this Section, 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 shall
not relieve the Indemnifying Party of its obligations under
this Section, 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 subsection (a) of this Section (or sooner, if
the nature of such Third Party Claim so requires),
13
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 Section 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
Section, such Indemnitee may defend or (subject to the
remainder of this Section) 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 Section 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
14
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.
(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.
SURVIVAL
This Indemnification Section shall survive termination of this
Agreement.
ARBITRATION
All disputes and differences arising under or in connection with this
Agreement shall be referred to arbitration under the Arbitration Rules
of ARIAS (UK).
The Arbitration Tribunal shall consist of three arbitrators, one to be
appointed by the claimant party, one to be appointed by the respondent
party and the third to be appointed by the two appointed arbitrators.
The third member of the Tribunal shall be appointed as soon as
practicable (and no later than 28 days) after the appointment of the
two party-appointed arbitrators. The Tribunal shall be constituted upon
the appointment of the third arbitrator.
The Arbitrators shall be persons (including those who have retired)
with not less than ten years' experience of insurance or reinsurance
within the industry or as lawyers or other professional advisers
serving the industry.
Where a party fails to appoint an arbitrator within 14 days of being
called upon to do so or where the two party-appointed arbitrators fail
to appoint a third within 28 days of their appointment, then upon
application ARIAS (UK) will appoint an arbitrator to fill the vacancy.
At any time prior to appointment by ARIAS (UK) the party or arbitrators
in default may make such appointment.
The Tribunal may in its sole discretion make such orders and directions
as it considers to be necessary for the final determination of the
matters in dispute. The Tribunal shall have the widest discretion
permitted under the law governing the arbitral procedure when making
such orders or directions.
The seat of arbitration shall be London.
Each party shall bear the expense of its own arbitrator and shall share
equally with the other party the expense of the third arbitrator and of
the arbitration.
This Arbitration section shall survive termination of this Agreement.
15
INSOLVENCY
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.
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 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.
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 (i) where the
Reinsurance Contracts specifically provide another payee in the event
of the insolvency of Retrocedant, and (ii) 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.
For the purposes of this Section 16, an Insolvency Event shall occur if:
(i) a winding up petition is presented in respect of Retrocedant
or a provisional liquidator is appointed over it or if
Retrocedant goes into administration, administrative
receivership or receivership or if Retrocedant has a scheme of
arrangement or voluntary arrangement proposed in relation to
all or any part of its affairs; or
(ii) Retrocedant goes into compulsory or voluntary liquidation;
or, in each case, if Retrocedant becomes subject to any other
similar insolvency process (whether under the laws of England
and Wales or elsewhere); and
Retrocedant is unable to pay its debts as and when they fall
due within the meaning of section 123 of the Insolvency Act
1986 (or any statutory amendment or re-enactment of that
section).
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.
16
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.
CREDIT FOR REINSURANCE; SECURITY
CREDIT FOR REINSURANCE
Retrocessionaire shall take all actions reasonably necessary, if any,
to permit Retrocedant to obtain full financial statement credit in all
applicable 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. For purposes
of this Section, 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.
EXPENSES
All expenses of establishing and maintaining any letter of credit or
other security arrangement shall be paid by Retrocessionaire.
SECURITY
Retrocessionaire shall establish and maintain a trust fund or other
security arrangement for the benefit of Retrocedant as security for the
obligations of Retrocessionaire under this Agreement. The trust fund or
other security arrangement shall be in a form reasonably satisfactory
to Retrocedant and shall comply with such requirements (if any) as may
be laid down by the Financial Services Authority. It is understood that
to the extent Retrocessionaire provides such other security arrangement
reasonably satisfactory to Retrocedant, Retrocesssionaire shall not be
required to provide a trust fund under this provision. It is further
understood that to the extent payments are made either to Retrocedant
or to an affiliate of Retrocedant pursuant to such other security
arrangement in respect of obligations of Retrocessonaire hereunder,
Retrocessionaire shall be relieved of such obligations to the extent of
such payment.
Retrocessionaire shall be permitted to liquidate the trust at the
earlier of (i) such time as Retrocessionaire's obligations under this
Agreement have been met or are terminated or waived or (ii) the
reserves so reported by Retrocessionaire do not exceed $100 million as
of two successive calendar year ends.
Retrocedant shall bear the costs and expenses of the trustee relating
to the trust.
17
MISCELLANEOUS PROVISIONS
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.
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.
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.
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
delivered, shall be deemed to be an original, but all such counterparts
shall together constitute but one and the same instrument.
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 Reinsurance Company Limited
27 Camperdown Street
London
E1 8DS
Facsimile: + 44 20 7488 6345
Attention: Company Secretary
If to Retrocessionaire:
Platinum Underwriters Reinsurance, Inc.
195 Broadway
New York, New York 10007
Facsimile: 001 212 238 9202
Attention: Chief Financial Officer
18
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.
USD Account: Citibank, Delaware; ABA No. 031100209; Account
No. 38660864
GBP Account: Citibank, London; SWIFT CITIGB2L; Account No.
10440698
Euro Account: Citibank, London; SWIFT CITIGB2L; Account No.
10440701
For credit to St. Paul Reinsurance Company Limited
USD Account: Citibank, London; SORTCODE 18-50-08; A/c No. 988529
GBP Account: Citibank, London; SORTCODE 18-50-08; A/c No. 8560420
Euro Account: Citibank, London; SORTCODE 18-50-08; A/c No. 8655197
Payment may be made by cheque payable in immediately available
funds in the event the party entitled to receive payment has
failed to provide wire transfer instructions.
HEADINGS
Headings used herein are not a part of this Agreement and
shall not affect the terms hereof.
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.
THIRD PARTY RIGHTS
(A) Section 14 confers a benefit on the officers,
directors and employees of Retrocedant and of
Retrocessionaire (the "THIRD PARTIES") and, subject
to the remaining provisions of this Section 20.9, is
intended to be enforceable by the Third Parties by
virtue of the Contracts (Rights of Third Parties) Act
1999.
The parties to this Agreement do not intend that any term of
this Agreement, apart from Section 14, should be enforceable,
by virtue of the Contracts (Rights of Third Parties) Act 1999,
by any person who is not a party to this Agreement.
Notwithstanding the provisions of Section 20.9(A) above, this
Agreement may be rescinded or varied in any way and at any
time by the parties to this Agreement without the consent of
any or all of the Third Parties.
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.
GOVERNING LAW
This Agreement shall be governed by English law.
19
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
by their duly authorised representatives as of the date first above written.
ST. PAUL REINSURANCE COMPANY
LIMITED
By /s/ T. Mahoney
---------------------------
Name: T. Mahoney
Title: Managing Director
PLATINUM UNDERWRITERS
REINSURANCE, INC.
By /s/ Michael D. Price
---------------------------
Name: Michael D. Price
Title: President and Chief
Underwriting Officer
20
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 below.
A-1-1
London Classes
--------------
L06 N. Am Med Mal
L08 N Am Casualty Treaty
L11 N. Am Cat
L17 N Am Property P-R
L18 N Am Property Per Risk
L74 Med Mal PR
L91 N. Am Crop
L21 Int'l Marine P-R
L23 Int'l Property P-R
L24 Int'l Property Per Risk
L25 Int'l Cat
L26 Int'l Motor XS
L27 Int'l Casualty Excess
L32 Int'l Marine XL
L33 U.K. Property Proportional Treaty
L34 Int'l Casualty P-R
L79 Satelite XS
L80 Int'l Motor Liability PR
London Classes
--------------
L40 N Am Motor Pro Rata
L41 N Am Motor XL
L43 N Am GL Pro Rata
L44 N Am GL XL
L48 N Am PI XL
L63 N Am PI Pro Rata
B21 Brussels Marine PR
B23 Brussels Int'l Property P-R
B24 Brussels Int'l Property Per Risk
B25 Brussels Int'l Cat
B26 Brusses Int'l Motor
B27 Brussels Int'l Liab XS
B32 Brussels Int'l Marine XS
B34 Brussels Int'l Liab PR
B55 Brussels Int'l Personal Acc P-R
B60 Brussels Int Motor Physical Damage PR
B61 Brussels Engineering PR
B62 Brussels Engineering XL
B80 Brussels Motor Pro Rata
London Classes
--------------
M21 Munich - Marine PR
M23 Munich - Int'l Property P-R
M24 Munich - Int'l Property Per Risk
M25 Munich - Int'l Cat
M26 Munich - Int'l Motor
M27 Munich - Int'l Liab XS
M32 Munich - Int'l Marine XS
M34 Munich Int'l Liability Pro Rata
M55 Munich Int'l Proportional Personal Accident
M60 Munich International Motor Pro Rata Treaty (MAPD)
M61 Munich International Engineering Pro Rata Treaty
M62 Munich International Engineering Excess Treaty
LL1 L1 GTR Scaleback Europe Class 1
LL2 L2 GTR Scaleback Europe Class 2
LL3 L3 GTR Scaleback Europe Class 3
LL5 L5 GTR Scaleback Europe Class 5
LF1 F1 GTR Scaleback Europe Class 1
LF2 F2 GTR Scaleback Europe Class 2
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
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
11 11 US Prop.Cat Tty 000547021AXP 1/15/02 1/14/03 Farmers Ins Exchange *AC* Farmers Ins Corporate
11 11 US Prop.Cat Tty 000728021AXP 1/1/02 12/31/02 California EQ Authori *TO* California Earthquake Auth Cat
11 11 US Prop.Cat Tty 001516021AXP 1/15/02 1/14/03 Farmers Ins Exchange *AC* Farmers Ex Cat TX
11 11 US Prop.Cat Tty 002211021AXP 1/1/02 12/31/02 Wellington Synd 2020 *AC* Wellington Uwtg Inc 3rd Cat
11 11 US Prop.Cat Tty 002482021AXP 1/1/02 12/31/02 Houston Cas Co *AC* Houston Casualty 1st Cat
11 11 US Prop.Cat Tty 002753021AXP 1/1/02 12/31/02 Wellington Synd 2020 *AC* Wellington Uwtg Inc 2nd Cat
11 11 US Prop.Cat Tty 002795021AXP 1/1/02 12/31/02 Balboa Ins Co *AC* Balboa Ins Co 4th Cat Layer
11 11 US Prop.Cat Tty 002796021AXP 1/1/02 12/31/02 Balboa Ins Co *AC* Balboa Ins Co 2nd Cat Layer
11 11 US Prop.Cat Tty 002840021AXP 1/1/02 12/31/02 Alfa Mut Ins Co *AC* Alfa Mutual 5th Cat
11 11 US Prop.Cat Tty 002841021AXP 1/1/02 12/31/02 Alfa Mut Ins Co *AC* Alfa Mutual 3rd Cat
11 11 US Prop.Cat Tty 825759021AXP 1/1/02 12/31/02 Houston Cas Co *AC* Houston Cas Co 2nd Cat
11 11 US Prop.Cat Tty 825895021AXP 1/1/02 12/31/02 Nat Grange Mut Ins Co *AC* National Grange Cat 4th Cat
18 18 US Prop.Risk XL 000900021AXP 1/1/02 12/31/02 XL Re America Inc *AC* NAC Re 4th Layer Risk Excess
18 18 US Prop.Risk XL 002210021AXP 1/1/02 12/31/02 Wellington Synd 2020 *AC* Wellington Uwtg Inc 2nd Risk
18 18 US Prop.Risk XL 002212021AXP 1/1/02 12/31/02 Wellington Synd 2020 *AC* Wellington Uwtg Inc 3rd Risk
18 18 US Prop.Risk XL 825267021AXP 1/1/02 12/31/02 XL Re America Inc *AC* NAC Re Corp 3rd Risk
21 21 Marine PrR Tty 040225021BRM 1/1/02 12/31/02 GLOBAL CO DE SEG SA *TO* MARINE HULL & CARGO QS
21 21 Marine PrR Tty 040226021BRM 1/1/02 12/31/02 GLOBAL CO DE SEG SA *TO* MARINE CARGO SPL
21 21 Marine PrR Tty 040230021BRM 1/1/02 12/31/02 Mundial Confianca *AC* MARINE FO"B"
21 21 Marine PrR Tty 040231021BRM 1/1/02 12/31/02 Mundial Confianca *AC* MARINE FO"C"
21 21 Marine PrR Tty 053067021BRM 1/1/02 12/31/02 BPB Assic SpA *AC* MARINE H&C QUOTA SHARE TREATY
21 21 Marine PrR Tty 055813021BRM 1/1/02 12/31/02 RAS (Riunione Adriati *AC* MARINE HULL QUOTA SHARE TTY
23 23 Intl.Prop.Pro R 002448021NRP 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Property Surplus
23 23 Intl.Prop.Pro R 002691021NRP 1/1/02 12/31/02 Bahamas First Gen Ins *TO* Bahamas First qs/1st surp
23 23 Intl.Prop.Pro R 002692021NRP 1/1/02 12/31/02 Bahamas First Gen Ins *TO* Bahamas First 2nd surp
23 23 Intl.Prop.Pro R 002739021NRP 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial Surplus
23 23 Intl.Prop.Pro R 002895021NRP 1/1/02 12/31/02 HSBC Re Ltd *NR* HSBC UK Quota Share
23 23 Intl.Prop.Pro R 003462021NRP 1/1/02 12/31/02 Winterthur Ass *TO* Winterthur Hail QS
A-2-1
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
23 23 Intl.Prop.Pro R 003479021NRP 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* Clico Equity QS/Surplus
23 23 Intl.Prop.Pro R 040220021BRP 1/1/02 12/31/02 GLOBAL CO DE SEG SA *TO* FIRE & ALL 1SPL
23 23 Intl.Prop.Pro R 040221021BRP 1/1/02 12/31/02 GLOBAL CO DE SEG SA *TO* FIRE & ALL 2SPL
23 23 Intl.Prop.Pro R 040386021BRP 1/1/02 12/31/02 Hannover Ruck AG *AC* FIRE SSP
23 23 Intl.Prop.Pro R 040391021BRP 1/1/02 12/31/02 Hannover Ruck AG *AC* FIRE & ENGINEERING QS
23 23 Intl.Prop.Pro R 040394021BRP 1/1/02 12/31/02 Hannover Ruck AG *AC* FIRE & ENGINEERING FSP
23 23 Intl.Prop.Pro R 044703021BRP 1/1/02 12/31/02 INTERPOLIS NV *AC* CATTLE QS
23 23 Intl.Prop.Pro R 045473021BRP 1/1/02 12/31/02 INTERPOLIS NV *AC* HAGELUNIE SURPLUS+STORM EVENT
23 23 Intl.Prop.Pro R 049678021BRP 1/1/02 12/31/02 Allianz Royal Nederla *AC* FIRE & ALLIED QS SHARE TREATY
23 23 Intl.Prop.Pro R 053064021BRP 1/1/02 12/31/02 BPB Assic SpA *AC* BURGLARY QUOTA SHARE TREATY
23 23 Intl.Prop.Pro R 053065021BRP 1/1/02 12/31/02 BPB Assic SpA *AC* FIRE QUOTA SHARE TREATY
23 23 Intl.Prop.Pro R 055936021BRP 1/1/02 12/31/02 Leeuwarder Onderlinge *TO* FIRE AND ALLIED SURPLUS TREATY
23 23 Intl.Prop.Pro R 920459021NRP 2/1/02 1/31/03 British Caymanian Ins *AC* British Caymanian 1st Surplus
23 23 Intl.Prop.Pro R 920481021NRP 1/1/02 12/31/02 Argus Ins Co Ltd *AC* Argus Property QS&1st Surplus
24 24 Intl.Prop Risk 000150021NXP 1/1/02 12/31/02 Victoria Ruck *AC* Victoria Risk X/L - 1st layer
24 24 Intl.Prop Risk 000151021NXP 1/1/02 12/31/02 Victoria Ruck *AC* Victoria Risk XL - 2nd layer
24 24 Intl.Prop Risk 000269021NXP 7/1/02 6/30/03 Zurich Ins Co *AC* Zurich 1st Risk
24 24 Intl.Prop Risk 000271021NXP 7/1/02 6/30/03 Zurich Ins Co *AC* Zurich 2nd Risk
24 24 Intl.Prop Risk 001071021NXP 4/1/02 3/31/03 Nichido F&M Ins Co Lt *AC* Nichido 1st Risk
24 24 Intl.Prop Risk 001072021NXP 4/1/02 3/31/03 Nichido F&M Ins Co Lt *AC* Nichido 2nd Risk
24 24 Intl.Prop Risk 001199021NXP 7/1/02 6/30/03 Alliance & Leicester *XO* Alliance & Leicester 1/2 risk
24 24 Intl.Prop Risk 001318021NXP 1/1/02 12/31/02 Converium Ltd *AC* Converium 1st eng. xl
24 24 Intl.Prop Risk 001319021NXP 1/1/02 12/31/02 Converium Ltd *AC* Converium 3rd eng. xl
24 24 Intl.Prop Risk 001396021NXP 1/1/02 12/31/02 Al-Alamiya Ins Co Ltd *AC* Al-Alamiya Risk & Cat XL
24 24 Intl.Prop Risk 001829021NXP 1/1/02 12/31/02 Victoria Vers AG *AC* Victoria 1st Risk
24 24 Intl.Prop Risk 001831021NXP 1/1/02 12/31/02 Victoria Vers AG *AC* Victoria 3rd Risk
24 24 Intl.Prop Risk 001892021NXP 1/1/02 12/31/02 Royal Sun Alliance NZ *AC* RSA - NZ Risk
24 24 Intl.Prop Risk 002073021NXP 1/1/02 12/31/02 Swiss Re Italia SpA *AC* Swiss Re Italia 3rd Risk
24 24 Intl.Prop Risk 002074021NXP 1/1/02 12/31/02 Swiss Re Italia SpA *AC* Swiss Re Italia 2nd Risk XL
24 24 Intl.Prop Risk 002324021NXP 1/1/02 12/31/02 R+V Vers AG, Ruck-Re *AC* R&V Versicherung 2nd Risk XL
24 24 Intl.Prop Risk 002327021NXP 1/1/02 12/31/02 R+V Vers AG, Ruck-Re *AC* R&V Versicherung 1st Risk XL
24 24 Intl.Prop Risk 002392021NXP 1/1/02 12/31/02 Ecclesiastical Ins Of *AC* Ecclesiastical 1st Risk
A-2-2
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
24 24 Intl.Prop Risk 002422021NXP 1/1/02 12/31/02 Northern Star Ins Co *AC* Northern Star 1st Risk XL
24 24 Intl.Prop Risk 002423021NXP 1/1/02 12/31/02 Northern Star Ins Co *AC* Northern Star 2nd Risk
24 24 Intl.Prop Risk 002424021NXP 1/1/02 12/31/02 Northern Star Ins Co *AC* Northern Star 3rd Risk XL
24 24 Intl.Prop Risk 002444021NXP 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Property Layer 1
24 24 Intl.Prop Risk 002445021NXP 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Property Layer 2
24 24 Intl.Prop Risk 002446021NXP 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Property Layer 3
24 24 Intl.Prop Risk 002447021NXP 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Property Layer 4
24 24 Intl.Prop Risk 002526021NXP 1/1/02 12/31/02 GE Frankona Re Ltd *AC* GE Frankona 1st Engineering xl
24 24 Intl.Prop Risk 002678021NXP 1/1/02 12/31/02 Cornhill Ins PLC *AC* Cornhill Coded Risk XL
24 24 Intl.Prop Risk 002766021NXP 1/1/02 12/31/02 QBE Ins & Re (Europe) *XF* QBE Ireland 1st Risk XL
24 24 Intl.Prop Risk 002767021NXP 1/1/02 12/31/02 QBE Ins & Re (Europe) *XF* QBE Ireland 2nd Risk XL
24 24 Intl.Prop Risk 002771021NXP 1/1/02 12/31/02 Gage P J Synd 1301 *AC* Broadgate 2nd & 3rd Risk
24 24 Intl.Prop Risk 002782021NXP 1/1/02 12/31/02 Converium Ltd *AC* Converium 2nd eng. xl
24 24 Intl.Prop Risk 002793021NXP 1/1/02 12/31/02 GE Frankona Re Ltd *AC* G E frankona top layer risk
24 24 Intl.Prop Risk 002805021NXP 1/1/02 12/31/02 Nat Farmers Union Mut *AC* NFU 4th Risk
24 24 Intl.Prop Risk 002806021NXP 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* GROUPAMA Household 1st Risk XL
24 24 Intl.Prop Risk 002817021NXP 1/1/02 12/31/02 Sydney Re Co Ltd *AC* QBE (Sydney Re) Risk XL
24 24 Intl.Prop Risk 002928021NXP 1/1/02 12/31/02 Northern Star Ins Co *AC* Northern Star 4th Risk XL
24 24 Intl.Prop Risk 003021021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard 3rd Layer Risk
24 24 Intl.Prop Risk 003021021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard 3rd Layer Risk
24 24 Intl.Prop Risk 003022021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard 2nd Layer Risk
24 24 Intl.Prop Risk 003022021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard 2nd Layer Risk
24 24 Intl.Prop Risk 003176021NXP 7/1/02 6/30/03 Allianz Australia Ins *AC* Allianz Unknown Accumul X/L
24 24 Intl.Prop Risk 003289021NXP 1/1/02 12/31/02 Sydney Re Co Ltd *AC* QBE (Sydney RE)Fac 2nd risk
24 24 Intl.Prop Risk 003333021NXP 1/1/02 12/31/02 Fubon Ins Co Ltd *XF* Fubon 2nd Layer Risk
24 24 Intl.Prop Risk 003334021NXP 1/1/02 12/31/02 Fubon Ins Co Ltd *XF* Fubon 3rd layer risk
24 24 Intl.Prop Risk 003340021NXP 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* GROUPAMA Commercial 2nd Risk
24 24 Intl.Prop Risk 003341021NXP 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* GROUPAMA Commercial 3rd Risk
24 24 Intl.Prop Risk 003398021NXP 1/1/02 12/31/02 GE Frankona Re Ltd *AC* GE Frankona 2nd Engineering xl
24 24 Intl.Prop Risk 003401021NXP 3/1/02 2/28/03 PritchardMSF Synd0318 *AC* Pritchard Commercial Risk XL 2
24 24 Intl.Prop Risk 003404021NXP 1/1/02 12/31/02 South African Special *AC* SASRIA 2nd Risk and Cat XL
24 24 Intl.Prop Risk 003454021NXP 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* GROUPAMA Comml 2nd Risk Backup
A-2-3
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
24 24 Intl.Prop Risk 003486021NXP 7/1/02 6/30/03 ACE Ins Co Bermuda Lt *AC* ACE Tempest CAR/EAR $5m/5m
24 24 Intl.Prop Risk 003487021NXP 7/1/02 6/30/03 ACE Ins Co Bermuda Lt *AC* ACE Tempest Boiler & Mach XL
24 24 Intl.Prop Risk 040084021BXP 1/1/02 12/31/02 VICTORIA VERS AG *AC* FIRE XSL
24 24 Intl.Prop Risk 040338021BXP 1/1/02 12/31/02 VICTORIA VERS AG *AC* FIRE XSL (DAS)
24 24 Intl.Prop Risk 045385021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* BURGLARY XSL 1ST LAYER
24 24 Intl.Prop Risk 045392021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* FIRE XSL 1ST LAYER
24 24 Intl.Prop Risk 045393021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* FIRE XSL 2ND LAYER
24 24 Intl.Prop Risk 045395021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* FIRE XSL 3RD LAYER
24 24 Intl.Prop Risk 046488021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* AGRO PROPERTY XSL
24 24 Intl.Prop Risk 046604021BXP 1/1/02 12/31/02 Vers Bayern Konzern-R *AC* FIRE XSL ON RET. 1ST LAYER
24 24 Intl.Prop Risk 048072021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* FIRE / E.C. NON LIFE COM 2L.
24 24 Intl.Prop Risk 048093021BXP 1/1/02 12/31/02 PROVINZIAL FEUERVERS *AC* FIRE XSL 3RD LAYER
24 24 Intl.Prop Risk 048105021BXP 1/1/02 12/31/02 PROVINZIAL FEUERVERS *AC* FIRE XSL 1ST LAYER
24 24 Intl.Prop Risk 048118021BXP 1/1/02 12/31/02 Generali Lloyd *AC* PROPERTY XSL PER RISK 1ST L.
24 24 Intl.Prop Risk 048120021BXP 1/1/02 12/31/02 Generali Lloyd *AC* PROPERTY XSL PER RISK 2ND L.
24 24 Intl.Prop Risk 048121021BXP 1/1/02 12/31/02 Generali Lloyd *AC* PROPERTY XSL PER RISK 3RD L.
24 24 Intl.Prop Risk 048127021BXP 1/1/02 12/31/02 Generali Lloyd *AC* F&A ACC XSL 1 LAYER PER RISK
24 24 Intl.Prop Risk 048130021BXP 1/1/02 12/31/02 Generali Lloyd *AC* F&A ACC XSL 2 LAYER PER RISK
24 24 Intl.Prop Risk 048358021BXP 1/1/02 12/31/02 NV Secura SA Belgian *AC* EUROPEAN PROPERTY XSL 2L/ RISK
24 24 Intl.Prop Risk 048360021BXP 1/1/02 12/31/02 NV Secura SA Belgian *AC* EUROPEAN PROPERTY XSL 3L/ RISK
24 24 Intl.Prop Risk 048602021BXP 1/1/02 12/31/02 Generali Lloyd *AC* F&A ACC XSL 3 LAYER PER RISK
24 24 Intl.Prop Risk 048603021BXP 1/1/02 12/31/02 Generali Lloyd *AC* F&A ACC XSL 4 LAYER PER RISK
24 24 Intl.Prop Risk 050104021BXP 1/1/02 12/31/02 Caisse Centrale des M *AC* FIRE HEAVY RISKS XSL 2ND LAYER
24 24 Intl.Prop Risk 050175021BXP 1/1/02 12/31/02 Alte Leipziger Ruck V *AC* SIMPLE FIRE XSL
24 24 Intl.Prop Risk 052299021BXP 1/1/02 12/31/02 Westfalische Provinzi *AC* FIRE XSL ON RET. 1ST LAYER
24 24 Intl.Prop Risk 052300021BXP 1/1/02 12/31/02 Westfalische Provinzi *AC* FIRE XSL ON RET. 2ND LAYER
24 24 Intl.Prop Risk 052311021BXP 1/1/02 12/31/02 AXA Colonia Konzern *AC* PROPERTY DMG XSL PER RISK 1L
24 24 Intl.Prop Risk 052653021BXP 1/1/02 12/31/02 Landschaftliche Brand *AC* WATERPIPE DAMAGE XSL 1ST LAYER
24 24 Intl.Prop Risk 052654021BXP 1/1/02 12/31/02 Landschaftliche Brand *AC* WATERPIPE DAMAGE XSL 2ND LAYER
24 24 Intl.Prop Risk 052655021BXP 1/1/02 12/31/02 Landschaftliche Brand *AC* WATERPIPE DAMAGE XSL 3RD LAYER
24 24 Intl.Prop Risk 052656021BXP 1/1/02 12/31/02 Landschaftliche Brand *AC* WATERPIPE DAMAGE XSL 4TH LAYER
24 24 Intl.Prop Risk 052684021BXP 1/1/02 12/31/02 Hamburger Feuerkasse *AC* FIRE XSL ON COMBINED RET. 1L.
A-2-4
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
24 24 Intl.Prop Risk 052688021BXP 1/1/02 12/31/02 Hamburger Feuerkasse *AC* FIRE XSL ON COMBINED RET. 2L.
24 24 Intl.Prop Risk 052689021BXP 1/1/02 12/31/02 Hamburger Feuerkasse *AC* FIRE XSL ON COMBINED RET. 3L.
24 24 Intl.Prop Risk 052792021BXP 1/1/02 12/31/02 ACHMEA *AC* FIRE AND ALLIED XSL 1ST LAYER
24 24 Intl.Prop Risk 052793021BXP 1/1/02 12/31/02 ACHMEA *AC* FIRE AND ALLIED XSL 2ND LAYER
24 24 Intl.Prop Risk 052794021BXP 1/1/02 12/31/02 ACHMEA *AC* FIRE AND ALLIED XSL 3RD LAYER
24 24 Intl.Prop Risk 052859021BXP 1/1/02 12/31/02 Caisse Centrale des M *AC* FIRE HEAVY RISKS XSL 3RD LAYER
24 24 Intl.Prop Risk 052861021BXP 1/1/02 12/31/02 Caisse Centrale des M *AC* FIRE HEAVY RISKS XSL 4TH LAYER
24 24 Intl.Prop Risk 052866021BXP 1/1/02 12/31/02 Donau Allgemeine Vers *AC* FIRE XSL ON RET. FSP 1ST LAYER
24 24 Intl.Prop Risk 052867021BXP 1/1/02 12/31/02 Donau Allgemeine Vers *AC* FIRE XSL ON RET. FSP 2ND LAYER
24 24 Intl.Prop Risk 052868021BXP 1/1/02 12/31/02 Donau Allgemeine Vers *AC* FIRE XSL ON RET. FSP 3RD LAYER
24 24 Intl.Prop Risk 052911021BXP 1/1/02 12/31/02 Unive Verzekeringen *AC* FIRE CONFLAGRATION XSL 2ND L.
24 24 Intl.Prop Risk 053123021BXP 1/1/02 12/31/02 Lippische Landesbrand *AC* PROPERTY SPECIFIC XSL
24 24 Intl.Prop Risk 053124021BXP 1/1/02 12/31/02 Lippische Landesbrand *AC* UMBRELLA XSL 1ST LAYER
24 24 Intl.Prop Risk 053125021BXP 1/1/02 12/31/02 Lippische Landesbrand *AC* UMBRELLA XSL 2ND LAYER
24 24 Intl.Prop Risk 053126021BXP 1/1/02 12/31/02 Lippische Landesbrand *AC* UMBRELLA XSL 3RD LAYER
24 24 Intl.Prop Risk 053129021BXP 1/1/02 12/31/02 Lippische Landesbrand *AC* MOTOR HULL XSL
24 24 Intl.Prop Risk 055424021BXH 1/1/02 12/31/02 Deutsche Hagel Vers G *XF* HAIL XSL ON RETENTION
24 24 Intl.Prop Risk 055426021BXP 1/1/02 12/31/02 Deutsche Hagel Vers G *XF* FIRE AND B.I. / ENG XSL
24 24 Intl.Prop Risk 055490021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* FIRE XSL 3RD LAYER
24 24 Intl.Prop Risk 055491021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* FIRE XSL 4TH LAYER
24 24 Intl.Prop Risk 055492021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* FIRE XSL 5TH LAYER
24 24 Intl.Prop Risk 055493021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* FIRE XSL 6TH LAYER
24 24 Intl.Prop Risk 055494021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* FIRE XSL 7TH LAYER
24 24 Intl.Prop Risk 055515021BXP 1/1/02 12/31/02 Unive Verzekeringen *AC* FIRE XSL PER RISK/EVENT 1 L.
24 24 Intl.Prop Risk 055517021BXP 1/1/02 12/31/02 Unive Verzekeringen *AC* FIRE XSL PER RISK/EVENT 2 L.
24 24 Intl.Prop Risk 055518021BXP 1/1/02 12/31/02 Unive Verzekeringen *AC* FIRE XSL PER RISK/EVENT 3 L.
24 24 Intl.Prop Risk 055521021BXP 1/1/02 12/31/02 Unive Verzekeringen *AC* PROPERTY / MSV COVER
24 24 Intl.Prop Risk 055623021BXP 1/1/02 12/31/02 Delta Lloyd Schadever *AC* FIRE XSL ON RET SPL 1ST LAYER
24 24 Intl.Prop Risk 055624021BXP 1/1/02 12/31/02 Delta Lloyd Schadever *AC* FIRE XSL ON RET SPL 2ND LAYER
24 24 Intl.Prop Risk 055625021BXP 1/1/02 12/31/02 Delta Lloyd Schadever *AC* FIRE XSL ON RET SPL 3RD LAYER
24 24 Intl.Prop Risk 055646021BXP 1/1/02 12/31/02 AXA Aurora Iberica *AC* PROPERTY XSL 2ND LAYER
24 24 Intl.Prop Risk 055648021BXP 1/1/02 12/31/02 AXA Aurora Iberica *AC* PROPERTY XSL 3RD LAYER
A-2-5
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
24 24 Intl.Prop Risk 055650021BXP 1/1/02 12/31/02 AXA Aurora Iberica *AC* PROPERTY XSL 4TH LAYER
24 24 Intl.Prop Risk 055690021BXP 1/1/02 12/31/02 Mapfre Re Co de Reas *AC* PROPERTY XSL 1ST LAYER
24 24 Intl.Prop Risk 055693021BXP 1/1/02 12/31/02 Mapfre Re Co de Reas *AC* PROPERTY XSL 2ND LAYER
24 24 Intl.Prop Risk 055754021BXP 1/1/02 12/31/02 Alte Leipziger Ruck V *AC* INDUSTRIAL INSURANCE XSL
24 24 Intl.Prop Risk 055755021BXP 1/1/02 12/31/02 Alte Leipziger Ruck V *AC* ELECTRONIC INSURANCE XSL
24 24 Intl.Prop Risk 055791021BXP 1/1/02 12/31/02 Fortis Corporate Ins *AC* PROPERTY XSL PER RISK 3RD L.
24 24 Intl.Prop Risk 055867021BXP 1/1/02 12/31/02 AXA Colonia Konzern *AC* PROPERTY DMG XSL PER RISK 2L
24 24 Intl.Prop Risk 055868021BXP 1/1/02 12/31/02 AXA Colonia Konzern *AC* PROPERTY DMG XSL PER RISK 3L
24 24 Intl.Prop Risk 055869021BXP 1/1/02 12/31/02 AXA Colonia Konzern *AC* PROPERTY DMG XSL PER RISK 4L
24 24 Intl.Prop Risk 055937021BXP 1/1/02 12/31/02 Wederkerige 1820 *TO* PROPERTY PER RISK XSL 1ST L
24 24 Intl.Prop Risk 055939021BXP 1/1/02 12/31/02 Wederkerige 1820 *TO* PROPERTY PER RISK XSL 2ND L
24 24 Intl.Prop Risk 055940021BXP 1/1/02 12/31/02 Wederkerige 1820 *TO* PROPERTY PER RISK XSL 3RD L
24 24 Intl.Prop Risk 055999021BXP 1/1/02 12/31/02 Deutscher Herold *AC* PROPERTY XSL VGV
24 24 Intl.Prop Risk 056000021BXP 1/1/02 12/31/02 Deutscher Herold *AC* PROPERTY XSL VGV-LW
24 24 Intl.Prop Risk 056001021BXP 1/1/02 12/31/02 Deutscher Herold *AC* BURGLARY XSL
24 24 Intl.Prop Risk 056002021BXP 1/1/02 12/31/02 Deutscher Herold *AC* WATERPIPE DAMAGE
24 24 Intl.Prop Risk 822087021NXP 1/1/02 12/31/02 South African Special *AC* SASRIA 1st Risk & Cat (3of3)
24 24 Intl.Prop Risk 822174021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* Royal 1st Comm Risk
24 24 Intl.Prop Risk 822224021NXP 1/1/02 12/31/02 Swiss Re Co *AC* Swiss Re 1st Risk
24 24 Intl.Prop Risk 822616021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard 1st Risk XL
24 24 Intl.Prop Risk 822616021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard 1st Risk XL
24 24 Intl.Prop Risk 822617021NXP 3/1/02 2/28/03 PritchardMSF Synd0318 *AC* Pritchard Commercial Risk XL 1
24 24 Intl.Prop Risk 823012021NXP 4/1/02 3/31/03 Aioi Ins Co Ltd *AC* Aioi Insurance 1st Layer Risk
24 24 Intl.Prop Risk 823013021NXP 4/1/02 3/31/03 Aioi Ins Co Ltd *AC* Aioi Insurance 2nd Risk XL
24 24 Intl.Prop Risk 823131021NXP 7/1/02 6/30/03 Al Ahlia Ins Co (BSC) *XO* Al Ahlia Risk XL
24 24 Intl.Prop Risk 823255021NXP 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* GROUPAMA Commercial 1st Risk
24 24 Intl.Prop Risk 823492021NXP 1/1/02 12/31/02 Nat Farmers Union Mut *AC* N F U 2nd Risk
24 24 Intl.Prop Risk 823902021NXP 1/1/02 12/31/02 Cologne Re Co Ltd *AC* Cologne Re Clash Risk XL
24 24 Intl.Prop Risk 823931021NXP 4/1/02 3/31/03 Saison Auto & Fire In *AC* Saison 1st Risk
24 24 Intl.Prop Risk 823932021NXP 4/1/02 3/31/03 Saison Auto & Fire In *AC* Saison 2nd Risk
24 24 Intl.Prop Risk 824067021NXP 1/1/02 12/31/02 Cornhill Ins PLC *AC* Cornhill 4TH Risk
24 24 Intl.Prop Risk 824374021NXP 4/1/02 3/31/03 Integrand Ass Co *AC* Integrand 4th risk
A-2-6
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 000099021NXP 1/1/02 12/31/02 Ennia Caribe NV *XO* Ennia Caribe 3rd Layer Cat XL
25 25 Intl.Prop.Cat. 000128021NXP 7/1/02 6/30/03 Legal & Gen Ass Soc L *AC* L & G 1st Cat
25 25 Intl.Prop.Cat. 000206021NXP 1/1/02 12/31/02 Argus Ins Co Ltd *AC* Argus 1st/2nd Cat XL
25 25 Intl.Prop.Cat. 000240021NXP 4/1/02 3/31/03 CGNU plc *AC* NU Ins Personal Lines 1st CatXL
25 25 Intl.Prop.Cat. 000241021NXP 4/1/02 3/31/03 CGNU plc *AC* NU Ins Personal Lines 2nd Cat
25 25 Intl.Prop.Cat. 000242021NXP 4/1/02 3/31/03 CGNU plc *AC* NU Ins Comm. Lines 1st Cat XL
25 25 Intl.Prop.Cat. 000252021NXP 1/1/02 12/31/02 HDI aG *AC* H D I 4th motor pd cat
25 25 Intl.Prop.Cat. 000289021NXP 4/1/02 3/31/03 CGNU plc *AC* CGNU 1st Cat WW
25 25 Intl.Prop.Cat. 000290021NXP 4/1/02 3/31/03 CGNU plc *AC* CGNU 2nd CAT WW
25 25 Intl.Prop.Cat. 000319021NXP 1/1/02 12/31/02 AXA Re France *AC* Axa 6th WW Cat
25 25 Intl.Prop.Cat. 000320021NXP 1/1/02 12/31/02 AXA Re France *AC* Axa 7th WW Cat
25 25 Intl.Prop.Cat. 000516021NXP 4/1/02 3/31/03 Zenkyoren Nat Mut Ins *AC* Zenkyoren 4th Cat
25 25 Intl.Prop.Cat. 000517021NXP 4/1/02 3/31/03 Zenkyoren Nat Mut Ins *AC* Zenkyoren 5TH Cat
25 25 Intl.Prop.Cat. 000521021NXP 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 1st Motor Quake PD EQ Cat
25 25 Intl.Prop.Cat. 000522021NXP 4/1/02 3/31/03 Aioi Ins Co Ltd *AC* AIOI Motor PD Quake Cat
25 25 Intl.Prop.Cat. 000542021NXP 4/1/02 3/31/03 Kyousuiren *AC* Kyosuiren 2nd Layer Cat X/L
25 25 Intl.Prop.Cat. 000621021NXP 6/30/02 6/30/03 AMI Ins Ltd *AC* AMI 2nd-4th Cat (1 of 3)
25 25 Intl.Prop.Cat. 000630021NXP 1/1/02 12/31/02 Ecclesiastical Ins Of *AC* Eccles 2nd layer cat
25 25 Intl.Prop.Cat. 000648021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* Halifax 1st,2nd & 3rd
25 25 Intl.Prop.Cat. 000714021NXP 4/1/02 3/31/03 Yasuda Gen Ins Co Ltd *AC* Yasuda General 2nd Layer Cat
25 25 Intl.Prop.Cat. 000715021NXP 4/1/02 3/31/03 Yasuda Gen Ins Co Ltd *AC* Yasuda General 3rd Layer Cat
25 25 Intl.Prop.Cat. 000761021NXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* Swiss Elemental 6th agg
25 25 Intl.Prop.Cat. 000826021NXP 1/1/02 12/31/02 Nat Farmers Union Mut *AC* NFU Glasshouse Specific X/L
25 25 Intl.Prop.Cat. 000841021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* M S Pritchard 3rd loss Cat XL
25 25 Intl.Prop.Cat. 000881021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA 3rd Engineering CAT
25 25 Intl.Prop.Cat. 000887021NXP 1/1/02 12/31/02 Helvetia Ins *AC* Helvetia 4th Cat
25 25 Intl.Prop.Cat. 000920021NXP 1/1/02 12/31/02 Ins Corp of Barbados *XO* ICB 5th Cat
25 25 Intl.Prop.Cat. 001063021NXP 4/1/02 3/31/03 AIU Ins Co *AC* AIU Middle East PersLines Cat2
25 25 Intl.Prop.Cat. 001064021NXP 4/1/02 3/31/03 AIU Ins Co *AC* AIU Middle East PersLines Cat1
25 25 Intl.Prop.Cat. 001076021NXP 4/1/02 3/31/03 Kyoei Mut F&M Ins Co *AC* Kyoei EFEI
25 25 Intl.Prop.Cat. 001101021NXP 4/1/02 3/31/03 NipponKoa Ins Co Ltd *AC* NipponKoa 1st Wind Cat X/L
25 25 Intl.Prop.Cat. 001126021NXP 6/1/02 5/31/03 EQ Commission *AC* EQ Comm. 1st layer (3 of 3)
A-2-7
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 001127021NXP 6/1/02 5/31/03 EQ Commission *AC* EQ Comm. 2nd layer cat (3 of 3)
25 25 Intl.Prop.Cat. 001128021NXP 6/1/02 5/31/03 EQ Commission *AC* EQ Comm. 3rd layer (3 of 3)
25 25 Intl.Prop.Cat. 001133021NXP 6/1/02 5/31/03 AIU Ins Co *AC* AIU 3rd EFEI Cat
25 25 Intl.Prop.Cat. 001145021NXP 6/1/02 5/31/03 Pacific Indemnity Ins *XO* Pacific Indemnity 5th Cat
25 25 Intl.Prop.Cat. 001285021NXP 6/1/02 5/31/03 Pacific Indemnity Ins *XO* Pacific Indemnity RPP
25 25 Intl.Prop.Cat. 001295021NXP 1/1/02 12/31/02 AIG Co Ltd *AC* AIU 4th layer cat x/l
25 25 Intl.Prop.Cat. 001296021NXP 1/1/02 12/31/02 AIG Co Ltd *AC* AIU 5th layer cat x/l
25 25 Intl.Prop.Cat. 001334021NXP 1/1/02 12/31/02 Royal Sun Alliance PR *XO* RSA PR&VI 1stLayer CatXL
25 25 Intl.Prop.Cat. 001335021NXP 1/1/02 12/31/02 Royal Sun Alliance PR *XO* RSA PR&VI 2ndLayer CatXL
25 25 Intl.Prop.Cat. 001336021NXP 1/1/02 12/31/02 Royal Sun Alliance PR *XO* RSA PR&VI3rd LayerCatXL
25 25 Intl.Prop.Cat. 001344021NXP 1/1/02 12/31/02 Nat Farmers Union Mut *AC* NFU 5TH CAT
25 25 Intl.Prop.Cat. 001371021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA 1st Cat In-house
25 25 Intl.Prop.Cat. 001374021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA Cat
25 25 Intl.Prop.Cat. 001378021NXP 4/1/02 3/31/03 Coop De Seg Multiples *AC* CO-OPERATIVA 5th Layer Cat XL
25 25 Intl.Prop.Cat. 001537021NXP 4/1/02 3/31/03 AIU Ins Co *AC* AIU Middle East PersLines Cat3
25 25 Intl.Prop.Cat. 001555021NXP 4/1/02 3/31/03 Nisshin F&M Ins Co Lt *AC* Nisshin EFEI 1st Cat
25 25 Intl.Prop.Cat. 001557021NXP 4/1/02 3/31/03 Nikkaren *XO* Nikkaren Efei
25 25 Intl.Prop.Cat. 001561021NXP 4/1/02 3/31/03 Aioi Ins Co Ltd *AC* AIOI Ins EFEI Cat
25 25 Intl.Prop.Cat. 001572021NXP 4/1/02 3/31/03 Grocane Fire Ins Coop *XO* Grocane 1ST STOP LOSS
25 25 Intl.Prop.Cat. 001573021NXP 4/1/02 3/31/03 Grocane Fire Ins Coop *XO* Grocane 2nd Stop Loss
25 25 Intl.Prop.Cat. 001618021NXP 4/1/02 3/31/03 Chubb Corporation *AC* Chubb 3rd Cat
25 25 Intl.Prop.Cat. 001625021NXP 6/1/02 5/31/03 EQ Commission *AC* EQ Comm. 2nd cat (2 of 3)
25 25 Intl.Prop.Cat. 001626021NXP 6/1/02 5/31/03 EQ Commission *AC* EQ Comm. 3rd cat (2 of 3)
25 25 Intl.Prop.Cat. 001635021NXP 4/1/02 3/31/03 NipponKoa Ins Co Ltd *AC* NipponKoa Top Layer EFEI
25 25 Intl.Prop.Cat. 001810021NXP 1/1/02 12/31/02 Caribbean Alliance *XO* Caribbean Alliance 2nd Cat XL
25 25 Intl.Prop.Cat. 001811021NXP 1/1/02 12/31/02 Caribbean Alliance *XO* Caribbean Alliance 3rd Cat XL
25 25 Intl.Prop.Cat. 001812021NXP 1/1/02 12/31/02 Caribbean Alliance *XO* Caribbean Alliance 4th cat XL
25 25 Intl.Prop.Cat. 001813021NXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* Swiss Elemental Pool 7th Cat
25 25 Intl.Prop.Cat. 001823021NXP 1/1/02 12/31/02 RoyalSunAllianceAustr *AC* RSA 5th CAT XL
25 25 Intl.Prop.Cat. 001826021NXP 1/1/02 12/31/02 Royal Sun Alliance US *AC* RSA Caribbean Top Layer
25 25 Intl.Prop.Cat. 001828021NXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* Provinzial Kiel 5th Cat
25 25 Intl.Prop.Cat. 001851021NXP 1/1/02 12/31/02 ING Fatum *XO* ING Fatum 1st Layer Cat XL
A-2-8
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 001852021NXP 1/1/02 12/31/02 ING Fatum *XO* ING Fatum 3rd Layer Cat XL
25 25 Intl.Prop.Cat. 001853021NXP 1/1/02 12/31/02 ING Fatum *XO* ING Fatum 4th Cat
25 25 Intl.Prop.Cat. 001863021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA 1st Cat UK Commercial
25 25 Intl.Prop.Cat. 001864021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA 2nd Cat UK Comm
25 25 Intl.Prop.Cat. 001865021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA 3rd Cat UK Comm
25 25 Intl.Prop.Cat. 001867021NXP 1/1/02 12/31/02 Commercial Union Sigo *XO* CU TURKEY 5th Layer
25 25 Intl.Prop.Cat. 001869021NXP 1/1/02 12/31/02 ACHMEA *AC* Achmea 1st Motor PD Cat
25 25 Intl.Prop.Cat. 001893021NXP 1/1/02 12/31/02 Israel Phoenix Ass Co *AC* Israel Phoenix 1st Cat
25 25 Intl.Prop.Cat. 001895021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard Top Layer Cat
25 25 Intl.Prop.Cat. 001929021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA 4th Engineering Cat
25 25 Intl.Prop.Cat. 001988021NXP 1/1/02 12/31/02 Aksigorta Anonim Sirk *XO* AK Sigorta 5th Cat XL
25 25 Intl.Prop.Cat. 002149021NXP 4/1/02 3/31/03 MitsuiSumitomo Ins Co *AC* MitsuiSumitomo Quake 1st Cat
25 25 Intl.Prop.Cat. 002163021NXP 1/1/02 12/31/02 F.A.T.A.(Fondo Ass. Fr *TO* F.A.T.A 1st Hail Stop Loss
25 25 Intl.Prop.Cat. 002178021NXP 1/1/02 12/31/02 Mut du Mans Ass IARD *AC* La Mutuelle du Mans Cat Nat XL
25 25 Intl.Prop.Cat. 002189021NXP 1/1/02 12/31/02 AXA Cessions *AC* AXA 3rd Cat XL
25 25 Intl.Prop.Cat. 002218021NXP 1/1/02 12/31/02 Assic Generali SpA (I *AC* Generali Stop L. Hail 2nd Layer
25 25 Intl.Prop.Cat. 002255021NXP 6/1/02 5/31/03 EQ Commission *AC* EQC 2nd Cat (1 of 3)
25 25 Intl.Prop.Cat. 002259021NXP 7/1/02 6/30/03 HSBC Ins (Asia Pac) H *XO* HSBC Hong Kong 3rd Cat
25 25 Intl.Prop.Cat. 002260021NXP 7/1/02 6/30/03 HSBC Ins (Asia Pac) H *XO* HSBC Hong Kong 4th Cat
25 25 Intl.Prop.Cat. 002261021NXP 6/30/02 6/30/03 GIO Australia Hldgs L *AC* Suncorp / Gio Cat XL Top lyr
25 25 Intl.Prop.Cat. 002264021NXP 6/1/02 5/31/03 EQ Commission *AC* EQC 3rd Cat (1 of 73)
25 25 Intl.Prop.Cat. 002370021NXP 1/1/02 12/31/02 Helvetia Ins *AC* Helvetia 5th Cat
25 25 Intl.Prop.Cat. 002379021NXP 1/1/02 12/31/02 Deutsche Ruck AG *AC* Deutsche Ruck Stop Loss
25 25 Intl.Prop.Cat. 002381021NXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* SWISS ELEMENTAL 8TH LAYER
25 25 Intl.Prop.Cat. 002391021NXP 1/1/02 12/31/02 Milli Re TAS *AC* Milli Re Surplus Cat 4th Layer
25 25 Intl.Prop.Cat. 002398021NXP 1/1/02 12/31/02 Aksigorta Anonim Sirk *XO* AK Sigorta 4th Cat XL
25 25 Intl.Prop.Cat. 002404021NXP 1/1/02 12/31/02 KOC Allianz *XO* Koc 3rd cat XL
25 25 Intl.Prop.Cat. 002406021NXP 1/1/02 12/31/02 KOC Allianz *XO* Koc 4th Cat XL
25 25 Intl.Prop.Cat. 002412021NXP 1/1/02 12/31/02 Ennia Caribe NV *XO* Ennia caribe 2nd cat
25 25 Intl.Prop.Cat. 002416021NXP 1/1/02 12/31/02 ING Fatum *XO* Ing Fatum 1st&2nd mortgage XL
25 25 Intl.Prop.Cat. 002427021NXP 1/1/02 12/31/02 Fortis Grp *AC* Amev Cat layer 1
25 25 Intl.Prop.Cat. 002428021NXP 1/1/02 12/31/02 Fortis Grp *AC* Amev Cat layer 2
A-2-9
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 002429021NXP 1/1/02 12/31/02 Fortis Grp *AC* Amev cat layer 3
25 25 Intl.Prop.Cat. 002457021NXP 1/1/02 12/31/02 Ecclesiastical Ins Of *AC* Eccles 1st layer cat
25 25 Intl.Prop.Cat. 002476021NXP 4/1/02 3/31/03 Nichido F&M Ins Co Lt *AC* Nichido 2nd layer efei
25 25 Intl.Prop.Cat. 002477021NXP 1/1/02 12/31/02 Allianz Royal Nederla *AC* Allianz Royal Ned 1st Cat
25 25 Intl.Prop.Cat. 002493021NXP 1/1/02 12/31/02 AB Int AS (Alm Brand) *AC* AB 5th Cat Whole A/C XL
25 25 Intl.Prop.Cat. 002513021NXP 1/1/02 12/31/02 Milli Re TAS *AC* Milli Decree pool top layer
25 25 Intl.Prop.Cat. 002525021NXP 1/1/02 12/31/02 Gunes Sigorta *AC* Gunes 3rd Layer cat
25 25 Intl.Prop.Cat. 002529021NXP 4/1/02 3/31/03 CGNU plc *AC* NU Ins Comm. Lines 2nd Cat XL
25 25 Intl.Prop.Cat. 002537021NXP 1/1/02 12/31/02 Seg Triple S Inc *XO* Seguros Triple 4th Cat XL
25 25 Intl.Prop.Cat. 002542021NXP 4/1/02 3/31/03 NipponKoa Ins Co Ltd *AC* Nipponkoa 2nd layer quake
25 25 Intl.Prop.Cat. 002545021NXP 4/1/02 3/31/03 Zenrosai *AC* Zenrosai 1st layer cat
25 25 Intl.Prop.Cat. 002546021NXP 4/1/02 3/31/03 Zenrosai *AC* Zenrosai 2nd layer cat
25 25 Intl.Prop.Cat. 002558021NXP 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 2nd primary Fire(Wind) Cat
25 25 Intl.Prop.Cat. 002559021NXP 4/1/02 3/31/03 Zenrosai *AC* Zenrosai 1st layer wind
25 25 Intl.Prop.Cat. 002562021NXP 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 1st Layer Wind Cat iro 007
25 25 Intl.Prop.Cat. 002563021NXP 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 2nd layer Wind Cat iro 007
25 25 Intl.Prop.Cat. 002564021NXP 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 3rd layer Wind Cat iro 007
25 25 Intl.Prop.Cat. 002565021NXP 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 4th layer Wind cat iro 007
25 25 Intl.Prop.Cat. 002589021NXP 7/1/02 6/30/03 Universal Ins Co (PR) *AC* Universal 3rd Cat XL
25 25 Intl.Prop.Cat. 002599021NXP 7/1/02 6/30/03 Seg Universal America *XO* Universal America 4th cat XL
25 25 Intl.Prop.Cat. 002606021NXP 7/1/02 6/30/03 Co Nacional Seg CXA *XO* Nacional cat XL 3rd Layer
25 25 Intl.Prop.Cat. 002611021NXP 6/30/02 6/30/03 Territory Ins Office *AC* TIO 4th cat XL
25 25 Intl.Prop.Cat. 002612021NXP 6/30/02 6/30/03 Territory Ins Office *AC* TIO 5th Cat XL
25 25 Intl.Prop.Cat. 002615021NXP 7/1/02 6/30/03 Fortis UK Ins Ltd *AC* Fortis 3rd cat XL
25 25 Intl.Prop.Cat. 002619021NXP 7/1/02 6/30/03 Defence Service Homes *AC* Defence Services Homes XL 3 OF 3
25 25 Intl.Prop.Cat. 002620021NXP 7/1/02 6/30/03 Defence Service Homes *AC* Defence Services Homes XL 3 OF 3
25 25 Intl.Prop.Cat. 002623021NXP 8/1/02 7/31/03 Topdanmark AS *AC* Topdanmark 3rd cat XL
25 25 Intl.Prop.Cat. 002624021NXP 8/1/02 7/31/03 Topdanmark AS *AC* Topdanmark 4th cat XLss
25 25 Intl.Prop.Cat. 002640021NXP 7/1/02 6/30/03 Zurich Ins Co *AC* Zurich in House Agg XL
25 25 Intl.Prop.Cat. 002684021NXP 1/1/02 12/31/02 Bahamas First Gen Ins *TO* Bahamas First 4th Cat XL
25 25 Intl.Prop.Cat. 002693021NXP 2/1/02 10/31/02 Turkish Cat Ins Pool *XO* TCIP 6th Layer Cat
25 25 Intl.Prop.Cat. 002697021NXP 1/1/02 12/31/02 RSA Ins Bahamas *AC* RSA Bahamas 3rd cat XL
A-2-10
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 002698021NXP 1/1/02 12/31/02 RSA Ins Bahamas *AC* RSA Bahamas 5th Cat XL
25 25 Intl.Prop.Cat. 002701021NXP 1/1/02 12/31/02 Alka Forsikrings Akti *AC* Alka 1st cat XL
25 25 Intl.Prop.Cat. 002709021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA Japan 1st Cat XL
25 25 Intl.Prop.Cat. 002717021NXP 1/1/02 12/31/02 NEM Ins Co Jamaica Lt *AC* NEM Jamaica 2nd Cat XL
25 25 Intl.Prop.Cat. 002727021NXP 1/1/02 12/31/02 AXA Cessions *AC* Axa 2nd Ireland Cat XL
25 25 Intl.Prop.Cat. 002728021NXP 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland 3rd Cat xl
25 25 Intl.Prop.Cat. 002729021NXP 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland 4th Cat XL
25 25 Intl.Prop.Cat. 002730021NXP 1/1/02 12/31/02 KOC Allianz *XO* Koc allianz top layer
25 25 Intl.Prop.Cat. 002732021NXP 1/1/02 12/31/02 RoyalSunAllianceAustr *AC* RSA Asia Pacific 6th CAT XL
25 25 Intl.Prop.Cat. 002733021NXP 1/1/02 12/31/02 Inst Nac De Seg *XO* INS 4th Cat XL
25 25 Intl.Prop.Cat. 002734021NXP 1/1/02 12/31/02 AXA Oyak Sigorta *XO* Axa Oyak 2nd layer
25 25 Intl.Prop.Cat. 002735021NXP 1/1/02 12/31/02 AXA Oyak Sigorta *XO* Axa Oyak 4th layer cat
25 25 Intl.Prop.Cat. 002737021NXP 1/1/02 12/31/02 Royal Sun Alliance PR *XO* RSA Puerto Rico local 4th XL
25 25 Intl.Prop.Cat. 002738021NXP 1/1/02 12/31/02 Royal Sun Alliance PR *XO* RSA Puerto Rico local 3rd xl
25 25 Intl.Prop.Cat. 002740021NXP 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial 3rd cat XL
25 25 Intl.Prop.Cat. 002746021NXP 1/1/02 12/31/02 Norsk Naturskadepool *XO* Norway perils pool 1st Cat
25 25 Intl.Prop.Cat. 002750021NXP 1/1/02 12/31/02 Churchill Ins Co Ltd *AC* Churchill Top Cat XL
25 25 Intl.Prop.Cat. 002751021NXP 1/1/02 12/31/02 AXA Cessions *AC* AXA 2nd UK Cat XL
25 25 Intl.Prop.Cat. 002763021NXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* Prov Kiel 6th layer cat x/l
25 25 Intl.Prop.Cat. 002764021NXP 1/1/02 12/31/02 Ecclesiastical Ins Of *AC* Eccles top layer cat
25 25 Intl.Prop.Cat. 002769021NXP 1/1/02 12/31/02 Gage P J Synd 1301 *AC* Broadgate 1st layer cat
25 25 Intl.Prop.Cat. 002770021NXP 1/1/02 12/31/02 Gage P J Synd 1301 *AC* Broadgate 2nd & 3rd layer Cat
25 25 Intl.Prop.Cat. 002773021NXP 1/1/02 12/31/02 RSA Ins Bahamas *AC* RSA Bahamas 4th cat (pref)
25 25 Intl.Prop.Cat. 002774021NXP 1/1/02 12/31/02 RSA Ins Bahamas *AC* RSA Bahamas 6th Cat (pref)
25 25 Intl.Prop.Cat. 002777021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA EMEA Cat top layer
25 25 Intl.Prop.Cat. 002778021NXP 1/1/02 12/31/02 Mut & Fedl Ins Co Ltd *AC* Mut & Fedl 4th fire & motor
25 25 Intl.Prop.Cat. 002779021NXP 1/1/02 12/31/02 Mut & Fedl Ins Co Ltd *AC* Mut & Fedl 5th fire & motor
25 25 Intl.Prop.Cat. 002780021NXP 1/1/02 12/31/02 Liberty Seg *XO* Liberty Seguros 2nd Cat XL
25 25 Intl.Prop.Cat. 002781021NXP 1/1/02 12/31/02 Liberty Seg *XO* Liberty Seguros 5th Cat XL
25 25 Intl.Prop.Cat. 002801021NXP 6/30/02 6/30/03 Allianz Australia Ins *AC* Allianz Ins 1st Cat Xl
25 25 Intl.Prop.Cat. 002802021NXP 6/30/02 6/30/03 Allianz Australia Ins *AC* Allianz Ins 5th Cat XL
25 25 Intl.Prop.Cat. 002803021NXP 6/30/02 6/30/03 Allianz Australia Ins *AC* sAllianz 2nd Cat xl
A-2-11
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 002807021NXP 1/1/02 12/31/02 AXA Oyak Sigorta *XO* Axa Oyak 3rd Cat XL
25 25 Intl.Prop.Cat. 002809021NXP 1/1/02 12/31/02 Yapi Kredi Sigorta *XO* Yapi Kredi 3rd layer cat
25 25 Intl.Prop.Cat. 002811021NXP 1/1/02 12/31/02 Yapi Kredi Sigorta *XO* Yapi Kredi 4th layer cat
25 25 Intl.Prop.Cat. 002813021NXP 1/1/02 12/31/02 AB Int AS (Alm Brand) *AC* Alm Brand 3rd layer CAT
25 25 Intl.Prop.Cat. 002832021NXP 1/1/02 12/31/02 HSBC Re (Ireland) Ltd *AC* HSBC 1st Cat XL
25 25 Intl.Prop.Cat. 002833021NXP 1/1/02 12/31/02 HSBC Re (Ireland) Ltd *AC* HSBC 2nd Cat xl
25 25 Intl.Prop.Cat. 002834021NXP 1/1/02 12/31/02 HSBC Re (Ireland) Ltd *AC* HSBC 3rd Cat XL
25 25 Intl.Prop.Cat. 002846021NXP 1/1/02 12/31/02 Ins Co of West Indies *XO* ICWI 4th Cat XL
25 25 Intl.Prop.Cat. 002847021NXP 1/1/02 12/31/02 Ins Co of West Indies *XO* ICWI 5th Cat XL
25 25 Intl.Prop.Cat. 002848021NXP 1/1/02 12/31/02 Isvicre Sigorta AS *XO* Isvicre 3rd cat
25 25 Intl.Prop.Cat. 002849021NXP 1/1/02 12/31/02 Isvicre Sigorta AS *XO* Isvicre top layer cat
25 25 Intl.Prop.Cat. 002850021NXP 1/1/02 12/31/02 Anadolu Sigorta *XO* Anadolu Top Cat XL
25 25 Intl.Prop.Cat. 002857021NXP 1/1/02 12/31/02 Norsk Naturskadepool *XO* Norway perils pool 4th Cat
25 25 Intl.Prop.Cat. 002859021NXP 1/1/02 12/31/02 Norsk Naturskadepool *XO* Norway perils pool 5th cat
25 25 Intl.Prop.Cat. 002862021NXP 1/1/02 12/31/02 Demir Sigorta AS *XO* Demir 2nd cat
25 25 Intl.Prop.Cat. 002863021NXP 1/1/02 12/31/02 Demir Sigorta AS *XO* Demir 3rd cat
25 25 Intl.Prop.Cat. 002867021NXP 1/1/02 12/31/02 Cornhill Ins PLC *AC* Cornhill top Cat XL
25 25 Intl.Prop.Cat. 002877021NXP 1/1/02 12/31/02 Ennia Caribe NV *XO* Ennia Caribe top layer cat
25 25 Intl.Prop.Cat. 002932021NXP 1/1/02 12/31/02 Allianz Church & Gen *AC* Allianz 4th cat XL
25 25 Intl.Prop.Cat. 002933021NXP 1/1/02 12/31/02 Allianz Church & Gen *AC* Allianz 5th Cat XL
25 25 Intl.Prop.Cat. 002975021NXP 1/1/02 12/31/02 Multinacional de Seg *NR* Multinacional 3rd Cat
25 25 Intl.Prop.Cat. 002976021NXP 1/1/02 12/31/02 Multinacional de Seg *NR* Multinacional 4th Cat XL
25 25 Intl.Prop.Cat. 002984021NXP 1/1/02 12/31/02 Hiscox Ins Co *AC* Hiscox Cat & EML Failure XL
25 25 Intl.Prop.Cat. 002987021NXP 1/1/02 12/31/02 AGF Garanti Sigorta A *XO* Garanti 5th layer cat
25 25 Intl.Prop.Cat. 002995021NXP 1/1/02 12/31/02 Seg Triple S Inc *XO* Seguros Triple Top Cat
25 25 Intl.Prop.Cat. 003003021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard 4th loss cat back up
25 25 Intl.Prop.Cat. 003003021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard 4th loss cat back up
25 25 Intl.Prop.Cat. 003023021NXP 1/1/02 12/31/02 Alka Forsikrings Akti *AC* Alka 2nd cat XL
25 25 Intl.Prop.Cat. 003024021NXP 1/1/02 12/31/02 Alka Forsikrings Akti *AC* Alka 3rd cat XL
25 25 Intl.Prop.Cat. 003026021NXP 1/1/02 12/31/02 Alka Forsikrings Akti *AC* Alka 4th Cat XL
25 25 Intl.Prop.Cat. 003029021NXP 1/1/02 12/31/02 Seg Orinoco *NR* Seg Orinoco/Mercantil 5th Cat
25 25 Intl.Prop.Cat. 003044021NXP 4/1/02 3/31/03 CGNU plc *AC* NU Ins Umbrella Cat XL
A-2-12
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 003045021NXP 4/1/02 3/31/03 Yasuda F&M Ins Co Ltd *AC* Yasuda/Sompo 2nd layer efei
25 25 Intl.Prop.Cat. 003047021NXP 4/1/02 3/31/03 Zenrosai *AC* Zenrosai 2nd layer wind
25 25 Intl.Prop.Cat. 003051021NXP 4/1/02 3/31/03 Medical Ins Soc Ltd *XO* Medical 3rd layer cat
25 25 Intl.Prop.Cat. 003054021NXP 4/1/02 3/31/03 Zenkyoren Nat Mut Ins *AC* Zenkyoren top layer quake
25 25 Intl.Prop.Cat. 003064021NXP 4/1/02 3/31/03 NipponKoa Ins Co Ltd *AC* NipponKoa 3rd WW cat XL
25 25 Intl.Prop.Cat. 003065021NXP 4/1/02 3/31/03 NipponKoa Ins Co Ltd *AC* NipponKoa WW Cat L1
25 25 Intl.Prop.Cat. 003066021NXP 4/1/02 3/31/03 NipponKoa Ins Co Ltd *AC* NipponKoa WW Cat L2
25 25 Intl.Prop.Cat. 003067021NXP 4/1/02 3/31/03 AIU Ins Co *AC* AIU Mid. East PersLines Top Cat
25 25 Intl.Prop.Cat. 003069021NXP 4/1/02 3/31/03 NipponKoa Ins Co Ltd *AC* NipponKoa w/f 4th layer
25 25 Intl.Prop.Cat. 003070021NXP 4/1/02 3/31/03 Nissay Dowa Gen Ins C *AC* Nissay Dowa Quake 2nd layer
25 25 Intl.Prop.Cat. 003071021NXP 4/1/02 3/31/03 Nissay Dowa Gen Ins C *AC* NissayDowa Quake 3rd layer
25 25 Intl.Prop.Cat. 003076021NXP 4/1/02 3/31/03 Aioi Ins Co Ltd *AC* AIOI 3rd cat XL
25 25 Intl.Prop.Cat. 003088021NXP 4/1/02 3/31/03 Aioi Ins Co Ltd *AC* Aioi Ins 1st Layer Wind XL
25 25 Intl.Prop.Cat. 003117021NXP 7/1/02 6/30/03 Seg Universal America *XO* Universal America 5th cat XL
25 25 Intl.Prop.Cat. 003119021NXP 7/1/02 6/30/03 Defence Service Homes *AC* Defence Services Cat 4 2 of 3
25 25 Intl.Prop.Cat. 003120021NXP 7/1/02 6/30/03 Defence Service Homes *AC* Defence Services Cat 3 2 of 3
25 25 Intl.Prop.Cat. 003180021NXP 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* Clico Equity account 1st cat
25 25 Intl.Prop.Cat. 003182021NXP 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* Clico Equity account 2nd cat
25 25 Intl.Prop.Cat. 003183021NXP 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* Clico Equity account 4th cat
25 25 Intl.Prop.Cat. 003188021NXP 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* Clico Equity account 3rd cat
25 25 Intl.Prop.Cat. 003198021NXP 7/1/02 6/30/03 Catholic Church Inss *AC* Catholic Church Cat 2
25 25 Intl.Prop.Cat. 003199021NXP 7/1/02 6/30/03 Catholic Church Inss *AC* Catholic Church Cat 4 (Top)
25 25 Intl.Prop.Cat. 003217021NXP 4/1/02 3/31/03 MitsuiSumitomo Ins Co *AC* MitsuiSumitomo Quake 2nd Cat
25 25 Intl.Prop.Cat. 003234021NXP 1/1/02 12/31/02 Norsk Naturskadepool *XO* Norway perils pool 2nd Cat
25 25 Intl.Prop.Cat. 003239021NXP 1/1/02 12/31/02 Anadolu Sigorta *XO* Anadolu 3rd layer cat
25 25 Intl.Prop.Cat. 003240021NXP 1/1/02 12/31/02 NEM Ins Co Jamaica Lt *AC* NEMJAM 5th Layer Cat
25 25 Intl.Prop.Cat. 003243021NXP 1/1/02 12/31/02 Royal Sun Alliance US *AC* RSA Caribbean 2nd Cat
25 25 Intl.Prop.Cat. 003246021NXP 1/1/02 12/31/02 Churchill Ins Co Ltd *AC* Churchill/AMP Pearl 3rd Cat XL
25 25 Intl.Prop.Cat. 003247021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA 1st layer ROW cat
25 25 Intl.Prop.Cat. 003248021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA 2nd layer ROW
25 25 Intl.Prop.Cat. 003249021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA 3rd layer ROW
25 25 Intl.Prop.Cat. 003250021NXP 1/1/02 12/31/02 RoyalSunAllianceAustr *AC* RSA Asia Pacific Cat XL 4th
A-2-13
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 003254021NXP 1/1/02 12/31/02 Migdal Ins Co Ltd *AC* Migdal 2nd layer Cat
25 25 Intl.Prop.Cat. 003255021NXP 1/1/02 12/31/02 Migdal Ins Co Ltd *AC* Migdal Mortgage Bank 2nd Cat
25 25 Intl.Prop.Cat. 003265021NXP 1/1/02 12/31/02 Aryeh Ins Co of Israe *XO* Aryeh/Ilit Cat 2nd XL
25 25 Intl.Prop.Cat. 003266021NXP 1/1/02 12/31/02 Aryeh Ins Co of Israe *XO* Aryeh/Ilit Cat 3rd XL
25 25 Intl.Prop.Cat. 003267021NXP 1/1/02 12/31/02 Aryeh Ins Co of Israe *XO* Aryeh surplus s/fall cat 1st
25 25 Intl.Prop.Cat. 003268021NXP 1/1/02 12/31/02 Aryeh Ins Co of Israe *XO* Aryeh surplus s/fall cat 2nd
25 25 Intl.Prop.Cat. 003269021NXP 1/1/02 12/31/02 Aryeh Ins Co of Israe *XO* Aryeh surplus s/fall cat 3rd
25 25 Intl.Prop.Cat. 003270021NXP 1/1/02 12/31/02 Aryeh Ins Co of Israe *XO* Aryeh surplus s/fall cat 4th
25 25 Intl.Prop.Cat. 003271021NXP 1/1/02 12/31/02 Fubon Ins Co Ltd *XF* Fubon Cat xl 1st
25 25 Intl.Prop.Cat. 003272021NXP 1/1/02 12/31/02 Fubon Ins Co Ltd *XF* Fubon cat 3rd Layer
25 25 Intl.Prop.Cat. 003273021NXP 1/1/02 12/31/02 Fubon Ins Co Ltd *XF* Fubon cat 2nd Layer
25 25 Intl.Prop.Cat. 003274021NXP 1/1/02 12/31/02 Fubon Ins Co Ltd *XF* Fubon cat 4th layer
25 25 Intl.Prop.Cat. 003275021NXP 1/1/02 12/31/02 Sahar-Zion Ins Co Ltd *XO* Sahar-Zion mortgage bank cat
25 25 Intl.Prop.Cat. 003277021NXP 1/1/02 12/31/02 Sahar-Zion Ins Co Ltd *XO* Sahar-Zion Net account cat xl
25 25 Intl.Prop.Cat. 003281021NXP 1/1/02 12/31/02 Migdal Ins Co Ltd *AC* Migdal Mortgage 3rd Cat
25 25 Intl.Prop.Cat. 003282021NXP 1/1/02 12/31/02 Sterling Ins Co Ltd *AC* Sterling Ins 4th Cat XL
25 25 Intl.Prop.Cat. 003288021NXP 1/1/02 12/31/02 Israel Phoenix Ass Co *AC* Is.Phoenix shortfall 2nd cat
25 25 Intl.Prop.Cat. 003292021NXP 1/1/02 12/31/02 Ayalon Ins Co Ltd *AC* Ayalon 1st cat XL
25 25 Intl.Prop.Cat. 003293021NXP 1/1/02 12/31/02 Ayalon Ins Co Ltd *AC* Ayalon 2nd cat XL
25 25 Intl.Prop.Cat. 003294021NXP 1/1/02 12/31/02 Ayalon Ins Co Ltd *AC* Ayalon 3rd cat XL
25 25 Intl.Prop.Cat. 003295021NXP 1/1/02 12/31/02 Ayalon Ins Co Ltd *AC* Ayalon 4th cat XL
25 25 Intl.Prop.Cat. 003296021NXP 1/1/02 12/31/02 Ayalon Ins Co Ltd *AC* Ayalon 5th cat XL
25 25 Intl.Prop.Cat. 003306021NXP 1/1/02 12/31/02 Ecclesiastical Ins Of *AC* Ecclesiastical 5th layer cat
25 25 Intl.Prop.Cat. 003311021NXP 1/1/02 12/31/02 AB Int AS (Alm Brand) *AC* Alm Brand 4th layer cat
25 25 Intl.Prop.Cat. 003326021NXP 1/1/02 12/31/02 Corifrance (Co de Re *AC* NEM Jamaica (CoriFrance) XL
25 25 Intl.Prop.Cat. 003327021NXP 1/1/02 12/31/02 AXA Cessions *AC* AXA Ireland 5th Cat XL
25 25 Intl.Prop.Cat. 003328021NXP 1/1/02 12/31/02 AXA Cessions *AC* AXA Ireland 6th Cat XL
25 25 Intl.Prop.Cat. 003329021NXP 1/1/02 12/31/02 AXA Cessions *AC* AXA Ireland 7th Cat XL
25 25 Intl.Prop.Cat. 003330021NXP 1/1/02 12/31/02 Mingtai F&M Ins Co Lt *AC* Mingtai 1st Layer Cat
25 25 Intl.Prop.Cat. 003331021NXP 1/1/02 12/31/02 Mingtai F&M Ins Co Lt *AC* Mingtai 2nd Layer Cat
25 25 Intl.Prop.Cat. 003332021NXP 1/1/02 12/31/02 Mingtai F&M Ins Co Lt *AC* Mingtai 3rd Layer Cat
25 25 Intl.Prop.Cat. 003336021NXP 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* Groupama 3rd Cat XL
A-2-14
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 003337021NXP 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* Groupama 4th Cat XL
25 25 Intl.Prop.Cat. 003343021NXP 1/1/02 12/31/02 Allianz Royal Nederla *AC* Allianz Royal Ned 2nd cat
25 25 Intl.Prop.Cat. 003346021NXP 1/1/02 12/31/02 Gjensidige Norsk Skad *AC* Gjensidige Top Layer Cat XL
25 25 Intl.Prop.Cat. 003357021NXP 1/1/02 12/31/02 Assic Generali di Tri *AC* Generali 6th layer cat
25 25 Intl.Prop.Cat. 003361021NXP 1/1/02 12/31/02 IF Prop & Cas Ins Co *NR* If... Denmark & Sweden Cat XL
25 25 Intl.Prop.Cat. 003366021NXP 1/1/02 12/31/02 Transatlantic Re Co *AC* Transatlantic Cat XL
25 25 Intl.Prop.Cat. 003370021NXP 1/1/02 12/31/02 Milli Re TAS *AC* Milli large fac risks xl
25 25 Intl.Prop.Cat. 003371021NXP 1/1/02 12/31/02 Nordea *NR* Nordea Catastrophe Layer 3
25 25 Intl.Prop.Cat. 003372021NXP 1/1/02 12/31/02 Nordea *NR* Nordea Catastrophe Layer 4
25 25 Intl.Prop.Cat. 003396021NXP 2/1/02 3/31/03 Gen Ins Corp of India *AC* GIC Israel pro rata cat XL 1
25 25 Intl.Prop.Cat. 003397021NXP 2/1/02 3/31/03 Gen Ins Corp of India *AC* GIC Israel pro rata cat XL 2
25 25 Intl.Prop.Cat. 003407021NXP 4/1/02 3/31/03 Nisshin F&M Ins Co Lt *AC* Nisshin EFEI 2nd cat XL
25 25 Intl.Prop.Cat. 003408021NXP 3/1/02 12/31/02 Ecclesiastical Ins Of *AC* Ecclesiastical Cat Agg
25 25 Intl.Prop.Cat. 003415021NXP 4/1/02 3/31/03 Nisshin F&M Ins Co Lt *AC* Nisshin 1st Layer Cat
25 25 Intl.Prop.Cat. 003417021NXP 4/1/02 3/31/03 Fuji F&M Ins Co Ltd *AC* Fuji Fire and Marine 2nd Cat
25 25 Intl.Prop.Cat. 003418021NXP 4/1/02 3/31/03 Fuji F&M Ins Co Ltd *AC* Fuji Fire and Marine 1st Cat
25 25 Intl.Prop.Cat. 003422021NXP 4/1/02 3/31/03 Yasuda F&M Ins Co Ltd *AC* Yasuda 4th Wind Cat
25 25 Intl.Prop.Cat. 003423021NXP 4/1/02 3/31/03 Yasuda F&M Ins Co Ltd *AC* Yasuda/Nissan/Sompo Quake
25 25 Intl.Prop.Cat. 003435021NXP 4/1/02 3/31/03 CGNU plc *AC* NU Ins Personal Lines 3rd Cat
25 25 Intl.Prop.Cat. 003442021NXP 4/1/02 3/31/03 NipponKoa Ins Co Ltd *AC* Nipponkoa 3rd layer Quake
25 25 Intl.Prop.Cat. 003443021NXP 1/1/02 12/31/02 Generali Belgium SA *AC* Generali Belg. Cat XSL on SPL
25 25 Intl.Prop.Cat. 003445021NXP 3/18/02 12/31/02 Nordea *NR* Nordea Catastrophe RPP
25 25 Intl.Prop.Cat. 003446021NXP 1/1/02 12/31/02 Meie Assicurazioni *AC* Meieaurora Hail Stop Loss
25 25 Intl.Prop.Cat. 003447021NXP 1/1/02 12/31/02 Navale Assicurazioni *TO* NAVALE Hail Stop Loss
25 25 Intl.Prop.Cat. 003448021NXP 4/1/02 3/31/03 Nichido F&M Ins Co Lt *AC* Nichido 1st Layer EFEI
25 25 Intl.Prop.Cat. 003449021NXP 5/1/02 4/30/03 Landschaftliche Brand *AC* Landschaftliche Brand Storm XL
25 25 Intl.Prop.Cat. 003450021NXP 1/1/02 12/31/02 The Lawrence Re *TO* Lawrence Re Hail STL Layer 1
25 25 Intl.Prop.Cat. 003451021NXP 1/1/02 12/31/02 The Lawrence Re *TO* Lawrence Re Hail STL Layer 2
25 25 Intl.Prop.Cat. 003452021NXP 1/1/02 12/31/02 AXA Assic SpA *AC* AXA Assicurazioni Hail STL L1
25 25 Intl.Prop.Cat. 003453021NXP 1/1/02 12/31/02 AXA Assic SpA *AC* AXA Assicurazioni Hail STL L2
25 25 Intl.Prop.Cat. 003455021NXP 1/1/02 12/31/02 RAS (Riunione Adriati *AC* RAS Hail Stop Loss
25 25 Intl.Prop.Cat. 003456021NXP 1/1/02 12/31/02 Assic Generali SpA (I *AC* Generali Stop L.Hail 1st Layer
A-2-15
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 003457021NXP 4/1/02 3/31/03 Nissay Dowa Gen Ins C *AC* Nissay Dowa u/l 2nd event Wind
25 25 Intl.Prop.Cat. 003460021NXP 1/1/02 12/31/02 Assic Generali SpA (I *AC* Generali (FATA) Hail STL L1
25 25 Intl.Prop.Cat. 003461021NXP 1/1/02 12/31/02 VecchiaMutuaGrandine *TO* Vecchia Mutua Hail STL L1
25 25 Intl.Prop.Cat. 003463021NXP 1/1/02 12/31/02 Winterthur Ass *TO* Winterthur Hail STL
25 25 Intl.Prop.Cat. 003464021NXP 1/1/02 12/31/02 VecchiaMutuaGrandine *TO* Vecchia Mutua Hail STL L2
25 25 Intl.Prop.Cat. 003465021NXP 1/1/02 12/31/02 Assimoco SpA *TO* Assimoco Hail Stop Loss L1
25 25 Intl.Prop.Cat. 003466021NXP 1/1/02 12/31/02 Assimoco SpA *TO* Assimoco Hail Stop Loss L2
25 25 Intl.Prop.Cat. 003470021NXP 7/1/02 6/30/03 Helvetia Ins *AC* Helvetia cat umbrella
25 25 Intl.Prop.Cat. 003475021NXP 7/1/02 6/30/03 Co Nacional Seg CXA *XO* Nacional 4th cat XL
25 25 Intl.Prop.Cat. 003476021NXP 7/1/02 6/30/03 ACE Ins Co Bermuda Lt *AC* Ace Top XL Australia N/Zealand
25 25 Intl.Prop.Cat. 003481021NXP 7/1/02 6/30/03 Lumley Gen Ins Ltd *XO* Lumley Gen 1st Layer Cat
25 25 Intl.Prop.Cat. 040037021BXP 1/1/02 12/31/02 Interkantonaler Rueck *AC* FIRE XSL 2ND LAYER
25 25 Intl.Prop.Cat. 040041021BXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* N.F. STL 4TH LAYER
25 25 Intl.Prop.Cat. 040070021BXP 1/1/02 12/31/02 PROVINZIAL FEUERVERS *AC* STORM STL 2ND LAYER
25 25 Intl.Prop.Cat. 040074021BXP 1/1/02 12/31/02 PROVINZIAL FEUERVERS *AC* STORM STL 1LAYER
25 25 Intl.Prop.Cat. 040145021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* PROPERTY XSL 3 LAYER
25 25 Intl.Prop.Cat. 040278021BXH 1/1/02 12/31/02 Groupama *AC* HAIL STL 1
25 25 Intl.Prop.Cat. 040279021BXH 1/1/02 12/31/02 Groupama *AC* HAIL STL 2
25 25 Intl.Prop.Cat. 040281021BXH 1/1/02 12/31/02 Groupama *AC* HAIL STL 3
25 25 Intl.Prop.Cat. 042964021BXP 1/1/02 12/31/02 LAP/DVV *AC* FIRE & ALLIED XSL 3L.
25 25 Intl.Prop.Cat. 043246021BXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* N.F. STL 3RD LAYER
25 25 Intl.Prop.Cat. 044683021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU COMMERCIAL XSL 2L.
25 25 Intl.Prop.Cat. 044685021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU COMMERCIAL XSL 3L.
25 25 Intl.Prop.Cat. 044686021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU COMMERCIAL XSL 4L.
25 25 Intl.Prop.Cat. 044687021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU COMMERCIAL XSL 5L.
25 25 Intl.Prop.Cat. 044693021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU AGRICULTURAL XSL 2L.
25 25 Intl.Prop.Cat. 044694021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU AGRICULTURAL XSL 3L.
25 25 Intl.Prop.Cat. 044695021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU AGRICULTURAL XSL 4L.
25 25 Intl.Prop.Cat. 044696021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU AGRICULTURAL XSL 5L.
25 25 Intl.Prop.Cat. 044698021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU PRIVATE XSL 2L.
25 25 Intl.Prop.Cat. 044699021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU PRIVATE XSL 3RD LAYER
25 25 Intl.Prop.Cat. 044700021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU PRIVATE XSL 4TH LAYER
A-2-16
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 044701021BXP 1/1/02 12/31/02 INTERPOLIS NV *AC* STORM BU PRIVATE XSL 5L.
25 25 Intl.Prop.Cat. 044706021BXH 1/1/02 12/31/02 INTERPOLIS NV *AC* HAGELUNIE STL 2ND LAYER
25 25 Intl.Prop.Cat. 044707021BXH 1/1/02 12/31/02 INTERPOLIS NV *AC* HAGELUNIE STL 3RD LAYER
25 25 Intl.Prop.Cat. 044709021BXP 1/1/02 12/31/02 Interkantonaler Rueck *AC* EARTHQUAKE XSL 2ND LAYER
25 25 Intl.Prop.Cat. 044831021BXP 1/1/02 12/31/02 Deutscher Herold *AC* STORM STOPLOSS
25 25 Intl.Prop.Cat. 044894021BXP 1/1/02 12/31/02 Interkantonaler Rueck *AC* FIRE XSL 1ST LAYER
25 25 Intl.Prop.Cat. 044895021BXP 1/1/02 12/31/02 Interkantonaler Rueck *AC* FIRE XSL 3RD LAYER
25 25 Intl.Prop.Cat. 044913021BXP 1/1/02 12/31/02 MAAF Ass SA *AC* STORM XSL
25 25 Intl.Prop.Cat. 044937021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* N.F. STL 1ST LAYER
25 25 Intl.Prop.Cat. 044938021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* N.F. STL 2ND LAYER
25 25 Intl.Prop.Cat. 044939021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* N.F. STL 3RD LAYER
25 25 Intl.Prop.Cat. 044940021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* N.F. STL 4TH LAYER
25 25 Intl.Prop.Cat. 044941021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* N.F. STL 5TH LAYER
25 25 Intl.Prop.Cat. 044942021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* N.F. STL 6TH LAYER
25 25 Intl.Prop.Cat. 045387021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* MOTOR HULL 1ST LAYER
25 25 Intl.Prop.Cat. 045388021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* MOTOR HULL 2ND LAYER
25 25 Intl.Prop.Cat. 045396021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* FIRE XSL - CUMULATION PML
25 25 Intl.Prop.Cat. 045407021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* STORM STOPLOSS 1ST LAYER
25 25 Intl.Prop.Cat. 045408021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* STORM STOPLOSS 2ND LAYER
25 25 Intl.Prop.Cat. 045409021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* WATERPIPE STL 1ST LAYER
25 25 Intl.Prop.Cat. 046480021BXP 1/1/02 12/31/02 WURTTEMBERGISCHE UND *AC* STORM / HAIL XSL 1ST LAYER
25 25 Intl.Prop.Cat. 046481021BXP 1/1/02 12/31/02 WURTTEMBERGISCHE UND *AC* STORM / HAIL XSL 2ND LAYER
25 25 Intl.Prop.Cat. 046550021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* MOTOR HULL AUSTRIA XSL 1L
25 25 Intl.Prop.Cat. 046551021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* MOTOR HULL AUSTRIA XSL 2L
25 25 Intl.Prop.Cat. 046552021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* MOTOR HULL AUSTRIA XSL 3L
25 25 Intl.Prop.Cat. 046605021BXP 1/1/02 12/31/02 Vers Bayern Konzern-R *AC* FIRE XSL ON RET. 2ND LAYER
25 25 Intl.Prop.Cat. 046606021BXP 1/1/02 12/31/02 Vers Bayern Konzern-R *AC* FIRE XSL ON RET. 3RD LAYER
25 25 Intl.Prop.Cat. 046607021BXP 1/1/02 12/31/02 Vers Bayern Konzern-R *AC* UMBRELLA COVER XSL 4TH LAYER
25 25 Intl.Prop.Cat. 046608021BXP 1/1/02 12/31/02 Vers Bayern Konzern-R *AC* UMBRELLA COVER XSL 3RD LAYER
25 25 Intl.Prop.Cat. 047985021BXP 1/1/02 12/31/02 Fortis AG *AC* CAT XSL TOP LAYER
25 25 Intl.Prop.Cat. 048064021BXP 1/1/02 12/31/02 Interkantonaler Rueck *AC* ELEMENTAL STL IRV
25 25 Intl.Prop.Cat. 048106021BXP 1/1/02 12/31/02 PROVINZIAL FEUERVERS *AC* FIRE XSL 2ND LAYER
A-2-17
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 048115021BXP 1/1/02 12/31/02 Generali Lloyd *AC* MOTOR HULL XSL 1ST LAYER
25 25 Intl.Prop.Cat. 048116021BXP 1/1/02 12/31/02 Generali Lloyd *AC* MOTOR HULL XSL 2ND LAYER
25 25 Intl.Prop.Cat. 048117021BXP 1/1/02 12/31/02 Generali Lloyd *AC* MOTOR HULL XSL 3RD LAYER
25 25 Intl.Prop.Cat. 048143021BXP 1/1/02 12/31/02 Generali Lloyd *AC* CUMUL XSL PER EVENT 1ST LAYER
25 25 Intl.Prop.Cat. 048145021BXP 1/1/02 12/31/02 Generali Lloyd *AC* CUMUL XSL PER EVENT 2ND LAYER
25 25 Intl.Prop.Cat. 048149021BXP 1/1/02 12/31/02 Generali Lloyd *AC* CUMUL XSL PER EVENT 3RD LAYER
25 25 Intl.Prop.Cat. 048151021BXP 1/1/02 12/31/02 Generali Lloyd *AC* CUMUL XSL PER EVENT 4TH LAYER
25 25 Intl.Prop.Cat. 048183021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* N.F. STL 7TH LAYER
25 25 Intl.Prop.Cat. 048187021BXP 1/1/02 12/31/02 Schweizerische Mobili *AC* UMBRELLA STL
25 25 Intl.Prop.Cat. 048193021BXP 1/1/02 12/31/02 Westfalische Provinzi *AC* STORM XSL 1ST LAYER
25 25 Intl.Prop.Cat. 048194021BXP 1/1/02 12/31/02 Westfalische Provinzi *AC* STORM XSL 2ND LAYER
25 25 Intl.Prop.Cat. 048195021BXP 1/1/02 12/31/02 Westfalische Provinzi *AC* STORM XSL 3RD LAYER
25 25 Intl.Prop.Cat. 048196021BXP 1/1/02 12/31/02 Westfalische Provinzi *AC* STORM STOPLOSS
25 25 Intl.Prop.Cat. 048287021BXP 1/1/02 12/31/02 Unive Verzekeringen *AC* PROPERTY CAT XSL 1ST LAYER
25 25 Intl.Prop.Cat. 048306021BXP 1/1/02 12/31/02 Fidelidade SA *AC* PROPERTY CAT XSL 1ST LAYER
25 25 Intl.Prop.Cat. 048307021BXP 1/1/02 12/31/02 Fidelidade SA *AC* PROPERTY CAT XSL 2ND LAYER
25 25 Intl.Prop.Cat. 048314021BXP 1/1/02 12/31/02 Fidelidade SA *AC* PROPERTY CAT XSL 3RD LAYER
25 25 Intl.Prop.Cat. 048396021BXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* N.F. STL 1ST LAYER
25 25 Intl.Prop.Cat. 048397021BXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* N.F. STL 2ND LAYER
25 25 Intl.Prop.Cat. 048398021BXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* N.F. STL 5TH LAYER
25 25 Intl.Prop.Cat. 048399021BXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* N.F. STL 6TH LAYER
25 25 Intl.Prop.Cat. 048400021BXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* N.F. STL 7TH LAYER
25 25 Intl.Prop.Cat. 048422021BXP 1/1/02 12/31/02 HDI aG *AC* MOTOR HULL XSL 3RD LAYER
25 25 Intl.Prop.Cat. 048423021BXP 1/1/02 12/31/02 HDI aG *AC* MOTOR HULL XSL 4TH LAYER
25 25 Intl.Prop.Cat. 048460021BXP 1/1/02 12/31/02 Interkantonaler Rueck *AC* ELEMENTAL RISK STL 2ND LAYER
25 25 Intl.Prop.Cat. 048461021BXP 1/1/02 12/31/02 Interkantonaler Rueck *AC* ELEMENTAL RISK STL 3RD LAYER
25 25 Intl.Prop.Cat. 048462021BXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* CAT XSL ON RET 2ND LAYER
25 25 Intl.Prop.Cat. 048463021BXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* CAT XSL ON RET 3RD LAYER
25 25 Intl.Prop.Cat. 048464021BXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* CAT XSL ON RET 4TH LAYER
25 25 Intl.Prop.Cat. 048465021BXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* CAT XSL ON RET 5TH LAYER
25 25 Intl.Prop.Cat. 048466021BXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* SUBLAYER ON CAT XSL ON RET
25 25 Intl.Prop.Cat. 048536021BXP 1/1/02 12/31/02 NV Secura SA Belgian *AC* EUROPEAN CAT XSL 2ND LAYER
A-2-18
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 049448021BXP 1/1/02 12/31/02 Interkantonaler Rueck *AC* ELEMENTAL RISK STL 4TH LAYER
25 25 Intl.Prop.Cat. 049897021BXP 1/1/02 12/31/02 Fortis AG *AC* CAT XSL 5TH LAYER
25 25 Intl.Prop.Cat. 049983021BXH 1/1/02 12/31/02 AXA Ass *AC* HAIL STOPLOSS TREATY
25 25 Intl.Prop.Cat. 050028021BXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* N.F. STL 8TH LAYER
25 25 Intl.Prop.Cat. 050029021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* N.F. STL 8TH LAYER
25 25 Intl.Prop.Cat. 050048021BXP 1/1/02 12/31/02 AXA Royale Belge *AC* PROPERTY XSL / EVENT 3RD L.
25 25 Intl.Prop.Cat. 050070021BXP 1/1/02 12/31/02 AXA Colonia Konzern *AC* PROPERTY XSL / EVENT 1ST LAYER
25 25 Intl.Prop.Cat. 050071021BXP 1/1/02 12/31/02 AXA Colonia Konzern *AC* PROPERTY XSL / EVENT 2ND LAYER
25 25 Intl.Prop.Cat. 050072021BXP 1/1/02 12/31/02 AXA Colonia Konzern *AC* PROPERTY XSL / EVENT 3RD LAYER
25 25 Intl.Prop.Cat. 050073021BXP 1/1/02 12/31/02 AXA Colonia Konzern *AC* PROPERTY XSL / EVENT 4TH LAYER
25 25 Intl.Prop.Cat. 050083021BXP 1/1/02 12/31/02 SCHWEIZERISCHE NAT *AC* FIRE AND ALLIED STL
25 25 Intl.Prop.Cat. 050099021BXP 1/1/02 12/31/02 SCHWEIZERISCHE NAT *AC* MOTOR HULL XSL 1ST LAYER
25 25 Intl.Prop.Cat. 050170021BXP 1/1/02 12/31/02 Caisse Centrale des M *AC* STORM XSL 3RD LAYER
25 25 Intl.Prop.Cat. 050172021BXP 1/1/02 12/31/02 AXA Portugal *AC* F&A XSL PER EVENT 2ND LAYER
25 25 Intl.Prop.Cat. 050173021BXP 1/1/02 12/31/02 AXA Portugal *AC* F&A XSL PER EVENT 3RD LAYER
25 25 Intl.Prop.Cat. 050174021BXP 1/1/02 12/31/02 AXA Portugal *AC* F&A XSL PER EVENT 4TH LAYER
25 25 Intl.Prop.Cat. 050213021BXP 1/1/02 12/31/02 Westfalische Provinzi *AC* N.F. XSL 1ST LAYER
25 25 Intl.Prop.Cat. 050215021BXP 1/1/02 12/31/02 SV Sparkassenversich *AC* FIRE / CATASTROPHE XSL 3RD L.
25 25 Intl.Prop.Cat. 050227021BXP 1/1/02 12/31/02 GOTHAER VERS VVaG *AC* XSL ON RET. 3RD LAYER
25 25 Intl.Prop.Cat. 050231021BXP 1/1/02 12/31/02 THURINGIA VERS AG *AC* MOTOR HULL XSL 1ST LAYER
25 25 Intl.Prop.Cat. 050232021BXP 1/1/02 12/31/02 THURINGIA VERS AG *AC* MOTOR HULL XSL 2ND LAYER
25 25 Intl.Prop.Cat. 050233021BXP 1/1/02 12/31/02 THURINGIA VERS AG *AC* STORM STOPLOSS 1ST LAYER
25 25 Intl.Prop.Cat. 050238021BXP 1/1/02 12/31/02 THURINGIA VERS AG *AC* NATURAL EVENTS 1ST LAYER
25 25 Intl.Prop.Cat. 050239021BXP 1/1/02 12/31/02 THURINGIA VERS AG *AC* NATURAL EVENTS XSL 2ND LAYER
25 25 Intl.Prop.Cat. 050240021BXP 1/1/02 12/31/02 THURINGIA VERS AG *AC* NATURAL EVENTS XSL 3RD LAYER
25 25 Intl.Prop.Cat. 050315021BXP 1/1/02 12/31/02 MACIF(MutAssdesCommer *XO* MOTOR HULL XSL 1ST LAYER
25 25 Intl.Prop.Cat. 050316021BXP 1/1/02 12/31/02 MACIF(MutAssdesCommer *XO* MOTOR HULL XSL 2ND LAYER
25 25 Intl.Prop.Cat. 050317021BXP 1/1/02 12/31/02 MACIF(MutAssdesCommer *XO* MOTOR HULL XSL 3RD LAYER
25 25 Intl.Prop.Cat. 050318021BXP 1/1/02 12/31/02 MACIF(MutAssdesCommer *XO* MOTOR HULL XSL 4TH LAYER
25 25 Intl.Prop.Cat. 050319021BXP 1/1/02 12/31/02 ABEILLE ASS *AC* CAT NAT / EVENT XSL 1ST LAYER
25 25 Intl.Prop.Cat. 050321021BXP 1/1/02 12/31/02 ACHMEA *AC* CATASTROPHE XSL 4TH LAYER
25 25 Intl.Prop.Cat. 050729021BXP 1/1/02 12/31/02 Caisse Centrale des M *AC* STORM XSL 4TH LAYER
A-2-19
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 050757021BXP 1/1/02 12/31/02 AXA Royale Belge *AC* PROPERTY XSL / EVENT 2ND L.
25 25 Intl.Prop.Cat. 051321021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* MOTOR PHYSICAL DAMAGE XSL 5 L.
25 25 Intl.Prop.Cat. 051839021BXP 1/1/02 12/31/02 Caisse Centrale des M *AC* STORM XSL 5TH LAYER
25 25 Intl.Prop.Cat. 052117021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* PROPERTY XSL 2 LAYER
25 25 Intl.Prop.Cat. 052121021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* MOTOR HULL AUSTRIA XSL 4L
25 25 Intl.Prop.Cat. 052218021BXH 1/1/02 12/31/02 Landschaftliche Brand *AC* HAIL STOPLOSS 1ST LAYER
25 25 Intl.Prop.Cat. 052219021BXH 1/1/02 12/31/02 Landschaftliche Brand *AC* HAIL STOPLOSS 2ND LAYER
25 25 Intl.Prop.Cat. 052220021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* STORM 1ST XSL (EX INTERUNFALL)
25 25 Intl.Prop.Cat. 052221021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* STORM 2ND XSL (EX INTERUNFALL)
25 25 Intl.Prop.Cat. 052222021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* STORM 3RD XSL (EX INTERUNFALL)
25 25 Intl.Prop.Cat. 052223021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* STORM 4TH XSL (EX INTERUNFALL)
25 25 Intl.Prop.Cat. 052271021BXP 1/1/02 12/31/02 Deutscher Herold *AC* MOTOR HULL XSL ON RETENTION
25 25 Intl.Prop.Cat. 052302021BXP 1/1/02 12/31/02 Alka Forsikring Aktie *AC* CATASTROPHE XSL 1ST LAYER
25 25 Intl.Prop.Cat. 052305021BXP 1/1/02 12/31/02 Alka Forsikring Aktie *AC* CATASTROPHE XSL 4TH LAYER
25 25 Intl.Prop.Cat. 052308021BXP 1/1/02 12/31/02 AXA Colonia Konzern *AC* FIRE OF FOREST XSL
25 25 Intl.Prop.Cat. 052309021BXP 1/1/02 12/31/02 AXA Colonia Konzern *AC* PROPERTY XSL / EVENT 5TH LAYER
25 25 Intl.Prop.Cat. 052314021BXP 1/1/02 12/31/02 ACHMEA *AC* CATASTROPHE XSL 2ND LAYER
25 25 Intl.Prop.Cat. 052315021BXP 1/1/02 12/31/02 ACHMEA *AC* CATASTROPHE XSL 3RD LAYER
25 25 Intl.Prop.Cat. 052352021BXP 1/1/02 12/31/02 RHEINLAND VERS AG *AC* STORM XSL ON RET. 3RD LAYER
25 25 Intl.Prop.Cat. 052385021BXP 1/1/02 12/31/02 ASS GEN DE FRANCE IAR *AC* NATURAL FORCES XSL 1ST LAYER
25 25 Intl.Prop.Cat. 052387021BXP 1/1/02 12/31/02 ASS GEN DE FRANCE IAR *AC* NATURAL FORCES XSL 3RD LAYER
25 25 Intl.Prop.Cat. 052401021BXP 1/1/02 12/31/02 Alte Leipziger Ruck V *AC* PROPERTY XSL 2ND LAYER
25 25 Intl.Prop.Cat. 052458021BXP 1/1/02 12/31/02 AXA Royale Belge *AC* PROPERTY XSL / EVENT 1ST L.
25 25 Intl.Prop.Cat. 052459021BXP 1/1/02 12/31/02 AXA Royale Belge *AC* PROPERTY XSL / EVENT 4TH L.
25 25 Intl.Prop.Cat. 052542021BXP 1/1/02 12/31/02 AXA Portugal *AC* F&A XSL PER EVENT 1ST LAYER
25 25 Intl.Prop.Cat. 052543021BXP 1/1/02 12/31/02 AXA Portugal *AC* F&A XSL PER EVENT 5TH LAYER
25 25 Intl.Prop.Cat. 052549021BXP 1/1/02 12/31/02 Caisse Centrale des M *AC* STORM XSL 6TH LAYER
25 25 Intl.Prop.Cat. 052550021BXP 1/1/02 12/31/02 Caisse Centrale des M *AC* STORM XSL 7TH LAYER
25 25 Intl.Prop.Cat. 052551021BXP 1/1/02 12/31/02 Caisse Centrale des M *AC* STORM XSL 8TH LAYER
25 25 Intl.Prop.Cat. 052562021BXP 1/1/02 12/31/02 AXA Ass *AC* PROPERTY XSL / EVENT 2ND LAYER
25 25 Intl.Prop.Cat. 052563021BXP 1/1/02 12/31/02 AXA Ass *AC* PROPERTY XSL / EVENT 3RD LAYER
25 25 Intl.Prop.Cat. 052564021BXP 1/1/02 12/31/02 AXA Ass *AC* PROPERTY XSL / EVENT 4TH LAYER
A-2-20
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 052565021BXP 1/1/02 12/31/02 AXA Ass *AC* PROPERTY XSL / EVENT 5TH LAYER
25 25 Intl.Prop.Cat. 052566021BXP 1/1/02 12/31/02 AXA Ass *AC* PROPERTY XSL / EVENT 6TH LAYER
25 25 Intl.Prop.Cat. 052591021BXP 1/1/02 12/31/02 Axa Schade Verz *AC* PROPERTY XSL PER EVENT 1L.
25 25 Intl.Prop.Cat. 052592021BXP 1/1/02 12/31/02 Axa Schade Verz *AC* PROPERTY XSL PER EVENT 2L.
25 25 Intl.Prop.Cat. 052593021BXP 1/1/02 12/31/02 Axa Schade Verz *AC* PROPERTY XSL PER EVENT 3L.
25 25 Intl.Prop.Cat. 052616021BXP 1/1/02 12/31/02 Fortis AG *AC* CAT XSL 3RD LAYER
25 25 Intl.Prop.Cat. 052648021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* MOTOR HULL (N.F.) 1ST LAYER
25 25 Intl.Prop.Cat. 052650021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* MOTOR HULL (N.F.) 2ND LAYER
25 25 Intl.Prop.Cat. 052651021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* MOTOR HULL (N.F.) 3RD LAYER
25 25 Intl.Prop.Cat. 052652021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* MOTOR HULL XSL 4TH LAYER
25 25 Intl.Prop.Cat. 052658021BXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* CAT XSL ON RET 6TH LAYER
25 25 Intl.Prop.Cat. 052663021BXP 1/1/02 12/31/02 DEUTSCHE RUCK AG *AC* CAT XSL ON RET 4L. PROV.BRANDK
25 25 Intl.Prop.Cat. 052665021BXP 1/1/02 12/31/02 DEUTSCHE RUCK AG *AC* CAT XSL ON RET 5L. PROV.BRANDK
25 25 Intl.Prop.Cat. 052667021BXP 1/1/02 12/31/02 DEUTSCHE RUCK AG *AC* CAT XSL ON RET 6L. PROV.BRANDK
25 25 Intl.Prop.Cat. 052669021BXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* CAT XSL ON RET TOP LAYER
25 25 Intl.Prop.Cat. 052672021BXP 1/1/02 12/31/02 Hamburger Feuerkasse *AC* NATURAL FORCES STL 1ST LAYER
25 25 Intl.Prop.Cat. 052675021BXP 1/1/02 12/31/02 Hamburger Feuerkasse *AC* NATURAL FORCES STL 2ND LAYER
25 25 Intl.Prop.Cat. 052676021BXP 1/1/02 12/31/02 Hamburger Feuerkasse *AC* NATURAL FORCES STL 3RD LAYER
25 25 Intl.Prop.Cat. 052677021BXP 1/1/02 12/31/02 Hamburger Feuerkasse *AC* NATURAL FORCES STL 4TH LAYER
25 25 Intl.Prop.Cat. 052698021BXP 1/1/02 12/31/02 AGF (Assubel) *AC* PROPERTY XSL PER EVENT 1ST L.
25 25 Intl.Prop.Cat. 052699021BXP 1/1/02 12/31/02 AGF (Assubel) *AC* PROPERTY XSL PER EVENT 2ND L.
25 25 Intl.Prop.Cat. 052700021BXP 1/1/02 12/31/02 AGF (Assubel) *AC* PROPERTY XSL PER EVENT 3RD L.
25 25 Intl.Prop.Cat. 052701021BXP 1/1/02 12/31/02 AGF (Assubel) *AC* PROPERTY XSL PER EVENT 4TH L.
25 25 Intl.Prop.Cat. 052703021BXP 1/1/02 12/31/02 AGF (Assubel) *AC* PROPERTY XSL PER EVENT 5TH L.
25 25 Intl.Prop.Cat. 052721021BXP 1/1/02 12/31/02 Kanton Zurich *XO* EARTHQUAKE XSL 2ND LAYER
25 25 Intl.Prop.Cat. 052724021BXP 1/1/02 12/31/02 Kanton Zurich *XO* EARTHQUAKE XSL 3RD LAYER
25 25 Intl.Prop.Cat. 052762021BXP 1/1/02 12/31/02 AGROTIKI HELLENIC GEN *AC* FIRE CATASTROPHE XSL 1ST LAYER
25 25 Intl.Prop.Cat. 052795021BXP 1/1/02 12/31/02 SNS Reaal Group *AC* PROPERTY CAT XSL 1ST LAYER
25 25 Intl.Prop.Cat. 052797021BXP 1/1/02 12/31/02 SNS Reaal Group *AC* PROPERTY CAT XSL 2ND LAYER
25 25 Intl.Prop.Cat. 052798021BXP 1/1/02 12/31/02 SNS Reaal Group *AC* PROPERTY CAT XSL 3RD LAYER
25 25 Intl.Prop.Cat. 052803021BXP 1/1/02 12/31/02 Grp Azur *AC* CAT NAT STOPLOSS
25 25 Intl.Prop.Cat. 052817021BXP 1/1/02 12/31/02 European Reliance Gen *AC* PROPERTY XSL PER EVENT 1L.
A-2-21
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 052818021BXP 1/1/02 12/31/02 European Reliance Gen *AC* PROPERTY XSL PER EVENT 2L.
25 25 Intl.Prop.Cat. 052819021BXP 1/1/02 12/31/02 European Reliance Gen *AC* PROPERTY XSL PER EVENT 3L.
25 25 Intl.Prop.Cat. 052820021BXP 1/1/02 12/31/02 European Reliance Gen *AC* PROPERTY XSL PER EVENT 4L.
25 25 Intl.Prop.Cat. 052821021BXP 1/1/02 12/31/02 European Reliance Gen *AC* PROPERTY XSL PER EVENT 5L.
25 25 Intl.Prop.Cat. 052822021BXP 1/1/02 12/31/02 Olympiaki-Victoria *AC* FIRE CATASTROPHE XSL
25 25 Intl.Prop.Cat. 052838021BXP 1/1/02 12/31/02 Feuersozietat Berlin *XO* STORM AND HAIL STOPLOSS ON RET
25 25 Intl.Prop.Cat. 052869021BXP 1/1/02 12/31/02 Donau Allgemeine Vers *AC* STORM / HOUSEHOLDERS N.F. XSL
25 25 Intl.Prop.Cat. 052870021BXP 1/1/02 12/31/02 Donau Allgemeine Vers *AC* MOTOR HULL - N.F. XSL
25 25 Intl.Prop.Cat. 052871021BXP 1/1/02 12/31/02 Donau Allgemeine Vers *AC* UMBRELLA COVER XSL 1ST LAYER
25 25 Intl.Prop.Cat. 052872021BXP 1/1/02 12/31/02 Donau Allgemeine Vers *AC* UMBRELLA COVER XSL 2ND LAYER
25 25 Intl.Prop.Cat. 052875021BXP 1/1/02 12/31/02 Wiener Stadtische Wec *AC* STORM / HOUSEHOLDERS N.F. XSL
25 25 Intl.Prop.Cat. 052876021BXP 1/1/02 12/31/02 Wiener Stadtische Wec *AC* MOTOR HULL - N.F. XSL
25 25 Intl.Prop.Cat. 052877021BXP 1/1/02 12/31/02 Wiener Stadtische Wec *AC* UMBRELLA COVER XSL 1ST LAYER
25 25 Intl.Prop.Cat. 052878021BXP 1/1/02 12/31/02 Wiener Stadtische Wec *AC* UMBRELLA COVER XSL 2ND LAYER
25 25 Intl.Prop.Cat. 052884021BXP 1/1/02 12/31/02 Generali Lloyd *AC* CUMUL XSL PER EVENT 5TH LAYER
25 25 Intl.Prop.Cat. 052894021BXP 1/1/02 12/31/02 DEUTSCHE RUCK AG *AC* NATURAL FORCES STL 5TH LAYER
25 25 Intl.Prop.Cat. 052912021BXP 1/1/02 12/31/02 Generali France Ass *AC* NATURAL CATASTROPHE XSL
25 25 Intl.Prop.Cat. 052915021BXP 1/1/02 12/31/02 Interkantonaler Rueck *AC* ELEMENTAL RISK STL 1ST LAYER
25 25 Intl.Prop.Cat. 052991021BXP 1/1/02 12/31/02 Winterthur Swiss Ins *AC* GROUP CAT. INT. SEC. XSL 1L
25 25 Intl.Prop.Cat. 052992021BXP 1/1/02 12/31/02 Winterthur Swiss Ins *AC* GROUP CAT. INT. SEC. XSL 2L
25 25 Intl.Prop.Cat. 052993021BXP 1/1/02 12/31/02 Winterthur Swiss Ins *AC* GROUP CAT. INT. SEC. XSL 3L
25 25 Intl.Prop.Cat. 052994021BXP 1/1/02 12/31/02 Winterthur Swiss Ins *AC* GROUP CAT. INT. SEC. XSL 4L
25 25 Intl.Prop.Cat. 052995021BXP 1/1/02 12/31/02 Winterthur Swiss Ins *AC* GROUP CAT. INT. SEC. XSL 5L
25 25 Intl.Prop.Cat. 052996021BXP 1/1/02 12/31/02 Winterthur Swiss Ins *AC* GROUP CAT. INT. SEC. XSL 6L
25 25 Intl.Prop.Cat. 052997021BXP 1/1/02 12/31/02 Winterthur Swiss Ins *AC* GROUP CAT. AMERICAN SEC. 1L.
25 25 Intl.Prop.Cat. 052998021BXP 1/1/02 12/31/02 Winterthur Swiss Ins *AC* GROUP CAT. AMERICAN SEC. 2L.
25 25 Intl.Prop.Cat. 052999021BXP 1/1/02 12/31/02 Winterthur Swiss Ins *AC* GROUP CAT. AMERICAN SEC. 3L.
25 25 Intl.Prop.Cat. 053000021BXP 1/1/02 12/31/02 VHV Autoversicherungs *AC* MOTOR HULL XSL 1ST LAYER
25 25 Intl.Prop.Cat. 053001021BXP 1/1/02 12/31/02 VHV Autoversicherungs *AC* MOTOR HULL XSL 2ND LAYER
25 25 Intl.Prop.Cat. 053002021BXP 1/1/02 12/31/02 VHV Autoversicherungs *AC* MOTOR HULL XSL 3RD LAYER
25 25 Intl.Prop.Cat. 053054021BXP 1/1/02 12/31/02 Mut Ass des Institueu *AC* STORM XSL 1ST LAYER
25 25 Intl.Prop.Cat. 053056021BXP 1/1/02 12/31/02 Mut Ass des Institueu *AC* STORM XSL 3RD LAYER
A-2-22
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 053073021BXP 1/1/02 12/31/02 Donau Allgemeine Vers *AC* STORM ON ENGINEERING RISKS XSL
25 25 Intl.Prop.Cat. 053074021BXP 1/1/02 12/31/02 Wiener Stadtische Wec *AC* STORM ON ENGINEERING RISKS XSL
25 25 Intl.Prop.Cat. 053130021BXP 1/1/02 12/31/02 Lippische Landesbrand *AC* STORM / HAIL XSL
25 25 Intl.Prop.Cat. 053139021BXP 1/1/02 12/31/02 GERLING KONZERN AV *AC* ELEMENTAL RISKS STL(RETRO IRV)
25 25 Intl.Prop.Cat. 053148021BXP 1/1/02 12/31/02 Schweizerische Mobili *AC* FIRE AND ALLIED STOPLOSS
25 25 Intl.Prop.Cat. 055242021BXP 1/1/02 12/31/02 WURTTEMBERGISCHE GEBA *AC* NATURAL FORCES STL
25 25 Intl.Prop.Cat. 055271021BXP 1/1/02 12/31/02 Fortis Corp Antwerp *XO* CATASTROPHE XSL 1ST LAYER
25 25 Intl.Prop.Cat. 055272021BXP 1/1/02 12/31/02 Fortis Corp Antwerp *XO* CATASTROPHE XSL 2ND LAYER
25 25 Intl.Prop.Cat. 055309021BXP 1/1/02 12/31/02 Landwirtschaftlicher *AC* NATURAL FORCES TOP LAYER
25 25 Intl.Prop.Cat. 055403021BXP 1/1/02 12/31/02 KBC (KredietBank Cera *AC* FIRE XSL PER EVENT 2ND LAYER
25 25 Intl.Prop.Cat. 055422021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* MOTOR HULL AUSTRIA XSL 5L
25 25 Intl.Prop.Cat. 055423021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* PROPERTY XSL 4TH LAYER
25 25 Intl.Prop.Cat. 055425021BXH 1/1/02 12/31/02 Deutsche Hagel Vers G *XF* HAIL STL ON RETENTION
25 25 Intl.Prop.Cat. 055427021BXP 1/1/02 12/31/02 Deutsche Hagel Vers G *XF* STORM STL INCL SNOW AND ICE
25 25 Intl.Prop.Cat. 055437021BXP 1/1/02 12/31/02 ASS GEN DE FRANCE IAR *AC* NATURAL FORCES XSL 4TH LAYER
25 25 Intl.Prop.Cat. 055480021BXP 1/1/02 12/31/02 Fortis AG *AC* CAT XSL 2ND LAYER
25 25 Intl.Prop.Cat. 055488021BXP 1/1/02 12/31/02 AGF (Assubel) *AC* PROPERTY XSL PER EVENT 6TH L.
25 25 Intl.Prop.Cat. 055509021BXP 1/1/02 12/31/02 ACHMEA *AC* CATASTROPHE XSL 1ST LAYER
25 25 Intl.Prop.Cat. 055528021BXP 1/1/02 12/31/02 Unive Verzekeringen *AC* MOTOR HULL XSL
25 25 Intl.Prop.Cat. 055562021BXP 1/1/02 12/31/02 Fortis AG *AC* CAT XSL 4L
25 25 Intl.Prop.Cat. 055566021BXP 1/1/02 12/31/02 PROVINZIAL FEUERVERS *AC* MOTOR HULL XSL 1ST LAYER
25 25 Intl.Prop.Cat. 055568021BXP 1/1/02 12/31/02 PROVINZIAL FEUERVERS *AC* MOTOR HULL XSL 2ND LAYER
25 25 Intl.Prop.Cat. 055570021BXP 1/1/02 12/31/02 PROVINZIAL FEUERVERS *AC* MOTOR HULL XSL 3RD LAYER
25 25 Intl.Prop.Cat. 055585021BXP 1/1/02 12/31/02 Linea Directa Aseg *AC* MOTOR PROPERTY DAMAGE XSL 1L
25 25 Intl.Prop.Cat. 055589021BXP 1/1/02 12/31/02 Linea Directa Aseg *AC* MOTOR PROPERTY DAMAGE XSL 2L
25 25 Intl.Prop.Cat. 055612021BXP 1/1/02 12/31/02 Fortis Corp Antwerp *XO* CATASTROPHE XSL UNDERLYING LAY
25 25 Intl.Prop.Cat. 055747021BXP 1/1/02 12/31/02 DEUTSCHE RUCK AG *AC* STORM STOPLOSS 1ST LAYER
25 25 Intl.Prop.Cat. 055750021BXP 1/1/02 12/31/02 DEUTSCHE RUCK AG *AC* STORM STOPLOSS 2ND LAYER
25 25 Intl.Prop.Cat. 055751021BXP 1/1/02 12/31/02 DEUTSCHE RUCK AG *AC* STORM STOPLOSS 3RD LAYER
25 25 Intl.Prop.Cat. 055789021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* MOTOR PHYSICAL DAMAGE XSL 3 L.
25 25 Intl.Prop.Cat. 055790021BXP 1/1/02 12/31/02 Generali Ass Gen *AC* MOTOR PHYSICAL DAMAGE XSL 4 L.
25 25 Intl.Prop.Cat. 055794021BXP 1/1/02 12/31/02 Allianz Royal Nederla *AC* PROPERTY CAT XSL 1ST LAYER
A-2-23
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 055798021BXP 1/1/02 12/31/02 Allianz Royal Nederla *AC* PROPERTY CAT XSL 2ND LAYER
25 25 Intl.Prop.Cat. 055800021BXP 1/1/02 12/31/02 Allianz Royal Nederla *AC* PROPERTY CAT XSL 3RD LAYER
25 25 Intl.Prop.Cat. 055811021BXP 1/1/02 12/31/02 Mut Ass des Institueu *AC* STORM XSL 2ND LAYER
25 25 Intl.Prop.Cat. 055822021BXP 1/1/02 12/31/02 ABEILLE ASS *AC* NATURAL FORCES XSL 2ND LAYER
25 25 Intl.Prop.Cat. 055823021BXP 1/1/02 12/31/02 ABEILLE ASS *AC* NATURAL FORCES XSL 3RD LAYER
25 25 Intl.Prop.Cat. 055825021BXP 1/1/02 12/31/02 CGU France *XO* NATURAL FORCES XSL 1ST LAYER
25 25 Intl.Prop.Cat. 055826021BXP 1/1/02 12/31/02 CGU France *XO* NATURAL FORCES XSL 2ND LAYER
25 25 Intl.Prop.Cat. 055827021BXP 1/1/02 12/31/02 CGU France *XO* NATURAL FORCES XSL 3RD LAYER
25 25 Intl.Prop.Cat. 055828021BXP 1/1/02 12/31/02 CGU France *XO* NATURAL FORCES XSL 4TH LAYER
25 25 Intl.Prop.Cat. 055830021BXP 1/1/02 12/31/02 Ethniki Hellenic Gen *AC* FIRE CATASTROPHE XSL 1ST LAYER
25 25 Intl.Prop.Cat. 055831021BXP 1/1/02 12/31/02 Ethniki Hellenic Gen *AC* FIRE CATASTROPHE XSL 2ND LAYER
25 25 Intl.Prop.Cat. 055832021BXP 1/1/02 12/31/02 Ethniki Hellenic Gen *AC* FIRE CATASTROPHE XSL 3RD LAYER
25 25 Intl.Prop.Cat. 055833021BXP 1/1/02 12/31/02 Ethniki Hellenic Gen *AC* FIRE CATASTROPHE XSL 4TH LAYER
25 25 Intl.Prop.Cat. 055920021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* STORM 5TH XSL (EX INTERUNFALL)
25 25 Intl.Prop.Cat. 055928021BXP 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* MOTOR HULL 3RD LAYER
25 25 Intl.Prop.Cat. 055942021BXP 1/1/02 12/31/02 Wederkerige 1820 *TO* PROPERTY CATASTROPHE XSL
25 25 Intl.Prop.Cat. 055998021BXH 1/1/02 12/31/02 Agroseguro *XO* HAIL CROP STOPLOSS
25 25 Intl.Prop.Cat. 056041021BXP 1/1/02 12/31/02 GENERALI HOLDING *AC* PROPERTY XSL 1ST LAYER
25 25 Intl.Prop.Cat. 056052021BXP 1/1/02 12/31/02 Oeffnche Sachvers Br *AC* STORM STL ON RETENTION
25 25 Intl.Prop.Cat. 056074021BXH 1/1/02 12/31/02 AXA Ass *AC* HAIL STOPLOSS 2ND LAYER
25 25 Intl.Prop.Cat. 801964021NXP 4/1/02 3/31/03 Zenkyoren Nat Mut Ins *AC* Zenkyoren 1st Cat
25 25 Intl.Prop.Cat. 804950021NXP 6/30/02 6/30/03 Suncorp Metway Ins Lt *AC* Suncorp / Gio Cat XL 4th lyr
25 25 Intl.Prop.Cat. 804989021NXP 7/1/02 6/30/03 R A C Ins Pty Ltd (Pe *AC* RAC 2nd Cat
25 25 Intl.Prop.Cat. 804990021NXP 7/1/02 6/30/03 R A C Ins Pty Ltd (Pe *AC* RAC 3rd Cat
25 25 Intl.Prop.Cat. 805576021NXP 1/1/02 12/31/02 Prudential Ass Co Ltd *AC* PRUDENTIAL 1st cat
25 25 Intl.Prop.Cat. 805913021NXP 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 1st primary Fire(Wind) Cat
25 25 Intl.Prop.Cat. 806194021NXP 7/1/02 6/30/03 RACQ Ins Ltd *AC* RACQ and RAA 1st Lyr Cat
25 25 Intl.Prop.Cat. 806252021NXP 4/1/02 3/31/03 Coop De Seg Multiples *AC* Cooperativa 1st Layer Cat XL
25 25 Intl.Prop.Cat. 806337021NXP 1/1/02 12/31/02 Provinzial Feuervers *AC* Provinzial 2nd storm cat x/l
25 25 Intl.Prop.Cat. 806610021NXP 4/1/02 3/31/03 Nisshin F&M Ins Co Lt *AC* Nisshin 2nd Cat
25 25 Intl.Prop.Cat. 806611021NXP 4/1/02 3/31/03 Aioi Ins Co Ltd *AC* AIOI 2nd Wind Cat
25 25 Intl.Prop.Cat. 806613021NXP 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 1st retained EQ Cat X/L
A-2-24
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 806663021NXP 4/1/02 3/31/03 MitsuiSumitomo Ins Co *AC* Mitsui Sumitomo 2nd Cat
25 25 Intl.Prop.Cat. 807034021NXP 1/1/02 12/31/02 Swiss Earthquake Fund *XO* Swiss E/Q stop loss
25 25 Intl.Prop.Cat. 807297021NXP 6/1/02 5/31/03 EQ Commission *AC* EQ Comm. 2nd layer cat XL
25 25 Intl.Prop.Cat. 820147021NXP 1/1/02 12/31/02 Coop Ins Soc Ltd *AC* Co-op Top layer cat
25 25 Intl.Prop.Cat. 820233021NXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* Swiss Elemental Agg 1st layer
25 25 Intl.Prop.Cat. 820234021NXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* Swiss Elemental Agg x/l 2nd
25 25 Intl.Prop.Cat. 820267021NXP 4/1/02 3/31/03 CGNU plc *AC* NU Ins Corp.Partners 1st Cat
25 25 Intl.Prop.Cat. 820349021NXP 1/1/02 12/31/02 Provinzial Feuervers *AC* Provinzial storm cat 1st layer
25 25 Intl.Prop.Cat. 820588021NXP 4/1/02 3/31/03 Zenkyoren Nat Mut Ins *AC* Zenkyoren 2nd Cat
25 25 Intl.Prop.Cat. 820619021NXP 4/1/02 3/31/03 NipponKoa Ins Co Ltd *AC* NipponKoa 2nd Wind Cat X/L
25 25 Intl.Prop.Cat. 820666021NXP 4/1/02 3/31/03 Nichido F&M Ins Co Lt *AC* Nichido 3rd W/S Cat X/L
25 25 Intl.Prop.Cat. 820683021NXP 7/1/02 6/30/03 R A C Ins Pty Ltd (Pe *AC* RAC Risk & Cat
25 25 Intl.Prop.Cat. 820728021NXP 7/1/02 6/30/03 Defence Service Homes *AC* Defence Services Cat 4 1of3
25 25 Intl.Prop.Cat. 820729021NXP 7/1/02 6/30/03 Defence Service Homes *AC* Defence Services 3rd Cat 1of3
25 25 Intl.Prop.Cat. 820765021NXP 7/1/02 6/30/03 Catholic Church Inss *AC* Catholic Church Cat 3
25 25 Intl.Prop.Cat. 821511021NXP 1/1/02 12/31/02 ING Re *AC* ING RE 1st layer cat
25 25 Intl.Prop.Cat. 821646021NXP 1/1/02 12/31/02 Helvetia Ins *AC* Helvetia 1st Cat
25 25 Intl.Prop.Cat. 821647021NXP 1/1/02 12/31/02 Helvetia Ins *AC* Helvetia 2nd cat
25 25 Intl.Prop.Cat. 821916021NXP 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 2nd retained EQ Cat X/L
25 25 Intl.Prop.Cat. 821950021NXP 4/1/02 3/31/03 Yasuda F&M Ins Co Ltd *AC* Yasuda 2nd Wind Cat
25 25 Intl.Prop.Cat. 822078021NXP 1/1/02 12/31/02 Bahamas First Gen Ins *TO* Bahamas First 2nd layer Cat XL
25 25 Intl.Prop.Cat. 822097021NXP 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* Groupama 2ND Cat
25 25 Intl.Prop.Cat. 822130021NXP 1/1/02 12/31/02 Hiscox Ins Co *AC* Hiscox 1st Cat
25 25 Intl.Prop.Cat. 822164021NXP 1/1/02 12/31/02 Nat Farmers Union Mut *AC* N F U 3rd Cat
25 25 Intl.Prop.Cat. 822175021NXP 4/1/02 3/31/03 CGNU plc *AC* NU Corp.Partners 2nd cat XL
25 25 Intl.Prop.Cat. 822187021NXP 1/1/02 12/31/02 Sjova Almennar Tryggi *XO* Icelandic Cat Fund x/l
25 25 Intl.Prop.Cat. 822314021NXP 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa Non Prop Surplus - Wind
25 25 Intl.Prop.Cat. 822316021NXP 4/1/02 3/31/03 Tokio M&F Ins Co Ltd *AC* Tokio 1st Layer Wind Cat X/L
25 25 Intl.Prop.Cat. 822325021NXP 4/1/02 3/31/03 Nisshin F&M Ins Co Lt *AC* Nisshin 3rd Layer Cat
25 25 Intl.Prop.Cat. 822327021NXP 4/1/02 3/31/03 Yasuda F&M Ins Co Ltd *AC* Yasuda/Nissan/Sompo Quake
25 25 Intl.Prop.Cat. 822460021NXP 1/1/02 12/31/02 Bahamas First Gen Ins *TO* Bahamas First 5th layer cat XL
25 25 Intl.Prop.Cat. 822467021NXP 1/1/02 12/31/02 Norsk Naturskadepool *XO* Norway perils pool 3rd Cat
A-2-25
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 822476021NXP 1/1/02 12/31/02 United Ins Co Ltd (Ba *XO* United 4th fire cat x/l
25 25 Intl.Prop.Cat. 822608021NXP 1/1/02 12/31/02 RoyalSunAllianceAustr *AC* RSA 3rd CAT XL
25 25 Intl.Prop.Cat. 822659021NXP 1/1/02 12/31/02 Hiscox Ins Co *AC* Hiscox 2nd Cat
25 25 Intl.Prop.Cat. 822730021NXP 1/1/02 12/31/02 United Ins Co Ltd (Ba *XO* United 3rd fire cat x/l
25 25 Intl.Prop.Cat. 822846021NXP 1/1/02 12/31/02 AIG Co Ltd *AC* AIU 3rd layer cat (AIUOA)
25 25 Intl.Prop.Cat. 822860021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* M S Pritchard 1st Cat
25 25 Intl.Prop.Cat. 822861021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* M S Pritchard 2nd cat
25 25 Intl.Prop.Cat. 822938021NXP 4/1/02 3/31/03 Zenkyoren Nat Mut Ins *AC* Zenkyoren 3rd Cat
25 25 Intl.Prop.Cat. 822953021NXP 4/1/02 3/31/03 Farmers Mut Ins Ltd *XO* Farmers Mut 2nd Cat
25 25 Intl.Prop.Cat. 822981021NXP 4/1/02 3/31/03 Tokio M&F Ins Co Ltd *AC* Tokio 2nd Layer W/S Cat
25 25 Intl.Prop.Cat. 822995021NXP 4/1/02 3/31/03 Yasuda F&M Ins Co Ltd *AC* Yasuda 3rd Wind Cat
25 25 Intl.Prop.Cat. 823011021NXP 4/1/02 3/31/03 NipponKoa Ins Co Ltd *AC* NipponKoa 3rd Wind Cat X/L
25 25 Intl.Prop.Cat. 823040021NXP 4/1/02 3/31/03 Chubb Corporation *AC* Chubb 1ST LAYER W/W Cat X/L
25 25 Intl.Prop.Cat. 823055021NXP 1/1/02 12/31/02 Mut & Fedl Ins Co Ltd *AC* Mut & Fedl 3rd fire & motor
25 25 Intl.Prop.Cat. 823183021NXP 1/1/02 12/31/02 Santam Ltd *AC* Santam 3rd Cat
25 25 Intl.Prop.Cat. 823184021NXP 1/1/02 12/31/02 Santam Ltd *AC* Santam 4th Cat
25 25 Intl.Prop.Cat. 823185021NXP 1/1/02 12/31/02 Santam Ltd *AC* Santam 5th Cat
25 25 Intl.Prop.Cat. 823215021NXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* Prov Kiel 2nd layer cat x/l
25 25 Intl.Prop.Cat. 823216021NXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* Prov Kiel 3rd layer cat
25 25 Intl.Prop.Cat. 823228021NXP 1/1/02 12/31/02 Bituach Haklai Ltd *XO* Bituach Haklai Cat
25 25 Intl.Prop.Cat. 823271021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA Homeowners 1st Cat
25 25 Intl.Prop.Cat. 823282021NXP 1/1/02 12/31/02 Ecclesiastical Ins Of *AC* Ecclesiastical 4th layer cat
25 25 Intl.Prop.Cat. 823334021NXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* Swiss Elemental Agg x/l 5th
25 25 Intl.Prop.Cat. 823341021NXP 1/1/02 12/31/02 ACHMEA *AC* Achmea 2nd motor pd cat
25 25 Intl.Prop.Cat. 823356021NXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* Provinzial Kiel sub layer cat
25 25 Intl.Prop.Cat. 823377021NXP 1/1/02 12/31/02 Commercial Union Sigo *XO* C U Sigorta 4th Cat XL
25 25 Intl.Prop.Cat. 823385021NXP 1/1/02 12/31/02 Aryeh Ins Co of Israe *XO* Aryeh/Ilit Cat 1st Layer
25 25 Intl.Prop.Cat. 823456021NXP 4/1/02 3/31/03 Zurich Ins Co UK *XO* Zurich 1st Cat
25 25 Intl.Prop.Cat. 823457021NXP 4/1/02 3/31/03 Zurich Ins Co UK *XO* Zurich 2nd Cat
25 25 Intl.Prop.Cat. 823586021NXP 1/1/02 12/31/02 Prudential Ass Co Ltd *AC* PRUDENTIAL 2nd cat xl
25 25 Intl.Prop.Cat. 823604021NXP 4/1/02 3/31/03 Coop De Seg Multiples *AC* Cooperativa 3rd Layer Cat XL
25 25 Intl.Prop.Cat. 823605021NXP 4/1/02 3/31/03 Coop De Seg Multiples *AC* Cooperativa 4th Layer Cat XL
A-2-26
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
25 25 Intl.Prop.Cat. 823611021NXP 1/1/02 12/31/02 Assic Generali di Tri *AC* Generali 3rd WW Cat
25 25 Intl.Prop.Cat. 823612021NXP 1/1/02 12/31/02 Assic Generali di Tri *AC* Generali 5th Cat
25 25 Intl.Prop.Cat. 823613021NXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* Swiss Elemental Agg 3rd layer
25 25 Intl.Prop.Cat. 823674021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* MS Pritchard 3rd Cat
25 25 Intl.Prop.Cat. 823897021NXP 6/1/02 5/31/03 EQ Commission *AC* EQ Comm.3rd cat XL
25 25 Intl.Prop.Cat. 823911021NXP 7/1/02 6/30/03 Lumley Gen Ins Ltd *XO* Lumley Gen 4th layer cat
25 25 Intl.Prop.Cat. 823920021NXP 4/1/02 3/31/03 Medical Ins Soc Ltd *XO* Medical Ins 1st Layer Cat X/L
25 25 Intl.Prop.Cat. 823922021NXP 4/1/02 3/31/03 Medical Ins Soc Ltd *XO* Medical Ins 2nd Layer Cat X/L
25 25 Intl.Prop.Cat. 823929021NXP 4/1/02 3/31/03 Farmers Mut Ins Ltd *XO* Farmers Mutual 1st Cat
25 25 Intl.Prop.Cat. 823929021NXP 4/1/02 3/31/03 Farmers Mut Ins Ltd *XO* Farmers Mutual 1st Cat
25 25 Intl.Prop.Cat. 824002021NXP 1/1/02 12/31/02 Swiss Elemental Pool *XO* Swiss Elemental agg 4th layer
25 25 Intl.Prop.Cat. 824019021NXP 1/1/02 12/31/02 DIRECT INS *AC* Direct Ins Homeowners Cats1to4
25 25 Intl.Prop.Cat. 824057021NXP 1/1/02 12/31/02 Provinzial Nord Brand *AC* Provinzial Kiel 4th layer cat
25 25 Intl.Prop.Cat. 824081021NXP 1/1/02 12/31/02 Bahamas First Gen Ins *TO* Bahamas First 3rd layer cat XL
25 25 Intl.Prop.Cat. 824168021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA Homeowners 2nd Cat
25 25 Intl.Prop.Cat. 824170021NXP 1/1/02 12/31/02 Prudential Ass Co Ltd *AC* PRUDENTIAL 3rd property cat xl
25 25 Intl.Prop.Cat. 824205021NXP 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* RSA Homeowners 3rd Cat
25 25 Intl.Prop.Cat. 824212021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard Europe Cat
25 25 Intl.Prop.Cat. 824212021NXP 1/1/02 12/31/02 PritchardMSF Synd0318 *AC* Pritchard Europe Cat
25 25 Intl.Prop.Cat. 824250021NXP 1/1/02 12/31/02 Helvetia Ins *AC* Helvetia 3rd cat
25 25 Intl.Prop.Cat. 824258021NXP 4/1/02 3/31/03 CGNU plc *AC* NU Corp.Partners 3rd cat XL
25 25 Intl.Prop.Cat. 824263021NXP 1/1/02 12/31/02 Wurttembergische Geba *AC* Wurttembergische stop loss
25 25 Intl.Prop.Cat. 824270021NXP 1/1/02 12/31/02 HDI aG *AC* H D I 1st motor pd cat
25 25 Intl.Prop.Cat. 824271021NXP 1/1/02 12/31/02 HDI aG *AC* H D I 2nd motor pd cat
25 25 Intl.Prop.Cat. 824272021NXP 1/1/02 12/31/02 HDI aG *AC* H D I 3rd motor pd cat
25 25 Intl.Prop.Cat. 824338021NXP 7/1/02 6/30/03 Universal Ins Co (PR) *AC* Universal 4th Cat XL
25 25 Intl.Prop.Cat. 824357021NXP 7/1/02 6/30/03 Legal & Gen Ass Soc L *AC* L & G 2nd Cat
25 25 Intl.Prop.Cat. 824358021NXP 7/1/02 6/30/03 Legal & Gen Ass Soc L *AC* L & G 3rd Cat
25 25 Intl.Prop.Cat. 824378021NXP 1/1/02 12/31/02 Allianz Hungaria *AC* Allianz Hungaria 1st Cat
25 25 Intl.Prop.Cat. 824410021NXP 6/1/02 5/31/03 Pacific Indemnity Ins *XO* Pacific Indemnity 3rd Cat
25 25 Intl.Prop.Cat. 824422021NXP 6/30/02 6/30/03 Suncorp Metway Ins Lt *AC* Suncorp / Gio Cat XL 2nd lyr
26 26 Intl.Motor XOL 000835021NXC 1/1/02 12/31/02 Brick R M Synd 0587 *AC* Chaucer Motor Layers 5 and 6
A-2-27
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
26 26 Intl.Motor XOL 000921021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor/Liability Layer 3
26 26 Intl.Motor XOL 000921021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor/Liability Layer 3
26 26 Intl.Motor XOL 000922021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor/Liability Layer 4
26 26 Intl.Motor XOL 000922021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor/Liability Layer 4
26 26 Intl.Motor XOL 000923021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor/Liability Layer 5
26 26 Intl.Motor XOL 000923021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor/Liability Layer 5
26 26 Intl.Motor XOL 000990021NXC 1/1/02 12/31/02 Johnstone GF Synd1231 *AC* Liberty Motor Layers 4, 5 & 6
26 26 Intl.Motor XOL 001358021NXC 1/1/02 12/31/02 Cornhill Ins PLC *AC* Cornhill 4th Accident XL
26 26 Intl.Motor XOL 001451021NXC 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* Royal&Sun Alliance Unltd Motor
26 26 Intl.Motor XOL 001503021NXC 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover Int Motor XL Sect A&B
26 26 Intl.Motor XOL 001556021NXC 1/1/02 12/31/02 Seg Mercurio SA *XO* Mercurio Motor Layer 1
26 26 Intl.Motor XOL 001569021NXC 1/1/02 12/31/02 Seg Mercurio SA *XO* Mercurio Motor Layer 2
26 26 Intl.Motor XOL 001570021NXC 1/1/02 12/31/02 Seg Mercurio SA *XO* Mercurio Motor Layer 3
26 26 Intl.Motor XOL 001818021NXC 1/1/02 12/31/02 Interpolis NV *AC* Interpolis Motor XL
26 26 Intl.Motor XOL 001880021NXC 1/1/02 12/31/02 Synd 2987 Wren Motor *NR* Wren Motor XL Layer 1
26 26 Intl.Motor XOL 001881021NXC 1/1/02 12/31/02 Synd 2987 Wren Motor *NR* Wren Motor XL Layer 2
26 26 Intl.Motor XOL 001882021NXC 1/1/02 12/31/02 Synd 2987 Wren Motor *NR* Wren Motor XL Layer 3
26 26 Intl.Motor XOL 001883021NXC 1/1/02 12/31/02 Synd 2987 Wren Motor *NR* Wren Motor XL Layers 4 and 5
26 26 Intl.Motor XOL 001903021NXC 1/1/02 12/31/02 Liverpool Victoria In *AC* Liverpool Victoria 1st Motor
26 26 Intl.Motor XOL 001904021NXC 1/1/02 12/31/02 Liverpool Victoria In *AC* Liverpool Victoria 3rd Motor
26 26 Intl.Motor XOL 001905021NXC 1/1/02 12/31/02 Cornhill Ins PLC *AC* Cornhill Underlying Motor XL
26 26 Intl.Motor XOL 001948021NXC 1/1/02 12/31/02 Quinn Direct Ins Ltd *TO* Quinn Direct 1st Layer
26 26 Intl.Motor XOL 001949021NXC 1/1/02 12/31/02 Quinn Direct Ins Ltd *TO* Quinn Direct 3rd & 4th layers
26 26 Intl.Motor XOL 002105021NXC 1/1/02 12/31/02 Janashakthi Gen *XO* Janashakthi Motor & Liab XL 1
26 26 Intl.Motor XOL 002106021NXC 1/1/02 12/31/02 Janashakthi Gen *XO* Janashakthi Motor & Liab XL 2
26 26 Intl.Motor XOL 002266021NXC 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* Clico Equity Liab xl layer 1
26 26 Intl.Motor XOL 002267021NXC 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* Clico Equity Liab xl layer 2
26 26 Intl.Motor XOL 002268021NXC 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* Clico Equity Liab xl layer 3
26 26 Intl.Motor XOL 002269021NXC 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* Clico Equity Liab xl layer 4
26 26 Intl.Motor XOL 002271021NXC 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* CLICO Liab XL Layer 1
26 26 Intl.Motor XOL 002289021NXC 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* CLICO Liab XL Layer 4
26 26 Intl.Motor XOL 002317021NXC 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* CLICO Liab XL Layer 2
A-2-28
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
26 26 Intl.Motor XOL 002383021NXC 1/1/02 12/31/02 Prudential Ass Co Ltd *AC* Prudential Motor XL Layer 1
26 26 Intl.Motor XOL 002384021NXC 1/1/02 12/31/02 Prudential Ass Co Ltd *AC* Prudential Motor XL Layer 2
26 26 Intl.Motor XOL 002385021NXC 1/1/02 12/31/02 Prudential Ass Co Ltd *AC* Prudential Motor XL Layer 3
26 26 Intl.Motor XOL 002386021NXC 1/1/02 12/31/02 Prudential Ass Co Ltd *AC* Prudential Motor XL Layer 5
26 26 Intl.Motor XOL 002405021NXC 1/1/02 12/31/02 Admiral Synd 2004 *NR* Admiral Motor XL Layer 1
26 26 Intl.Motor XOL 002407021NXC 1/1/02 12/31/02 Admiral Synd 2004 *NR* Admiral Motor XL Layer 2
26 26 Intl.Motor XOL 002408021NXC 1/1/02 12/31/02 Admiral Synd 2004 *NR* Admiral Motor XL Layer 3
26 26 Intl.Motor XOL 002409021NXC 1/1/02 12/31/02 Admiral Synd 2004 *NR* Admiral Motor XL Layer 4
26 26 Intl.Motor XOL 002425021NXC 1/1/02 12/31/02 DIRECT INS *AC* Direct Ins Motor Programme
26 26 Intl.Motor XOL 002449021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Motor Layer 2
26 26 Intl.Motor XOL 002449021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Motor Layer 2
26 26 Intl.Motor XOL 002450021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Motor Unlimited XL
26 26 Intl.Motor XOL 002450021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Motor Unlimited XL
26 26 Intl.Motor XOL 002459021NXC 1/1/02 12/31/02 British Caribbean Ins *XO* British Caribbean Mtr/Liab x/l
26 26 Intl.Motor XOL 002464021NXC 1/1/02 12/31/02 R+V Vers AG, Ruck-Re *AC* R&V - Kravag Logistic MTPL XL
26 26 Intl.Motor XOL 002618021NXC 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* CLICO Liab XL Layer 5
26 26 Intl.Motor XOL 002702021NXC 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover/Kiln re Europa Motor1
26 26 Intl.Motor XOL 002703021NXC 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover/Kiln re Europa Motor2
26 26 Intl.Motor XOL 002704021NXC 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover/Kiln re Europa Motor3
26 26 Intl.Motor XOL 002705021NXC 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover/Kiln re Europa Motor4
26 26 Intl.Motor XOL 002706021NXC 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover/Kiln re Europa Motor5
26 26 Intl.Motor XOL 002712021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa UK Motor 1st XL
26 26 Intl.Motor XOL 002713021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa UK Motor 2nd XL
26 26 Intl.Motor XOL 002714021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa UK Motor & Accident XL 2
26 26 Intl.Motor XOL 002715021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Motor Layer 1
26 26 Intl.Motor XOL 002715021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Motor Layer 1
26 26 Intl.Motor XOL 002731021NXC 1/1/02 12/31/02 Nagico Ins Co *AC* NAGICO Motor XL
26 26 Intl.Motor XOL 002791021NXC 1/1/02 12/31/02 Trinidad & Tobago Ins *XO* Trinidad & Tobago Motor XL 1
26 26 Intl.Motor XOL 002798021NXC 1/1/02 12/31/02 Esure Ins Ltd *XO* Esure Motor xl programme yr2/2
26 26 Intl.Motor XOL 002822021NXC 1/1/02 12/31/02 Rendall W F Synd 0510 *AC* Link 1st Motor Liability XL
26 26 Intl.Motor XOL 002823021NXC 1/1/02 12/31/02 Rendall W F Synd 0510 *AC* Link 2nd Motor Liability xl
26 26 Intl.Motor XOL 002868021NXC 1/1/02 12/31/02 RSA Ireland *NR* RSA Ireland Casualty XLs 1-6
A-2-29
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
26 26 Intl.Motor XOL 002873021NXC 1/1/02 12/31/02 Hibernian Ins Co Ltd *AC* Hibernian General Accident XL
26 26 Intl.Motor XOL 002878021NXC 1/1/02 1/31/03 Am Re Co *AC* USAA Ltd Motor x/l Unl/oe5m
26 26 Intl.Motor XOL 002881021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor Unlimited Layer
26 26 Intl.Motor XOL 002881021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor Unlimited Layer
26 26 Intl.Motor XOL 002882021NXC 1/1/02 12/31/02 Shipley DES Synd 2791 *AC* ARB U/W Ltd Motor XL Layer 1
26 26 Intl.Motor XOL 002940021NXC 1/1/02 12/31/02 CGNU plc *AC* CGNU Overseas Motor XL Unltd
26 26 Intl.Motor XOL 002941021NXC 1/1/02 12/31/02 CGNU plc *AC* CGNU Overseas Motor XLoe5m/5m
26 26 Intl.Motor XOL 002942021NXC 1/1/02 12/31/02 Cornhill Ins PLC *AC* Cornhill 2nd Accident XL
26 26 Intl.Motor XOL 003048021NXC 4/1/02 3/31/03 Legal & Gen Ass Soc L *AC* Legal & Gen Motor Layer 1
26 26 Intl.Motor XOL 003049021NXC 4/1/02 3/31/03 Legal & Gen Ass Soc L *AC* Legal & Gen Motor Layer 5
26 26 Intl.Motor XOL 003063021NXC 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa Re Motor XL
26 26 Intl.Motor XOL 003185021NXC 7/1/02 6/30/03 Clico Int Gen Ins Ltd *TO* CLICO Liab XL Layer 3
26 26 Intl.Motor XOL 003257021NXC 1/1/02 12/31/02 Nat Farmers Union Mut *AC* NFU Motor/Liability Layer 1
26 26 Intl.Motor XOL 003258021NXC 1/1/02 12/31/02 Nat Farmers Union Mut *AC* NFU Motor/Liability Layer 2
26 26 Intl.Motor XOL 003259021NXC 1/1/02 12/31/02 Nat Farmers Union Mut *AC* NFU Motor/Liability Layer 3
26 26 Intl.Motor XOL 003260021NXC 1/1/02 12/31/02 Avon Ins PLC *AC* Avon Motor/Liability Layer 1
26 26 Intl.Motor XOL 003261021NXC 1/1/02 12/31/02 Avon Ins PLC *AC* Avon Motor/Liability Layer 2
26 26 Intl.Motor XOL 003262021NXC 1/1/02 12/31/02 Avon Ins PLC *AC* Avon Motor/Liability Layer 3
26 26 Intl.Motor XOL 003263021NXC 1/1/02 12/31/02 Royal Sun Alliance US *AC* RSA LAC Accident XL
26 26 Intl.Motor XOL 003264021NXC 1/1/02 12/31/02 Prudential Ass Co Ltd *AC* Prudential Motor XL Layer 4
26 26 Intl.Motor XOL 003276021NXC 1/1/02 12/31/02 Rendall W F Synd 0510 *AC* Link 3rd Motor Liability XL
26 26 Intl.Motor XOL 003278021NXC 1/1/02 12/31/02 Liverpool Victoria In *AC* Liverpool Victoria 2nd Motor
26 26 Intl.Motor XOL 003280021NXC 1/1/02 12/31/02 Churchill Ins Co Ltd *AC* Churchill Ins XL iro AA Panel
26 26 Intl.Motor XOL 003283021NXC 1/1/02 12/31/02 Johnstone GF Synd1231 *AC* Liberty Motor Layer 1
26 26 Intl.Motor XOL 003284021NXC 1/1/02 12/31/02 Johnstone GF Synd1231 *AC* Liberty Motor Layers 2 & 3
26 26 Intl.Motor XOL 003287021NXC 1/1/02 12/31/02 Brick R M Synd 0587 *AC* Chaucer Motor Layer 4
26 26 Intl.Motor XOL 003302021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Motor Layer 3
26 26 Intl.Motor XOL 003302021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Motor Layer 3
26 26 Intl.Motor XOL 003308021NXC 1/1/02 12/31/02 Cornhill Ins PLC *AC* Cornhill 3rd Accident XL
26 26 Intl.Motor XOL 003313021NXC 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* Groupama Motor/Liab 1st XL
26 26 Intl.Motor XOL 003314021NXC 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* Groupama Motor/Liab 2nd XL
26 26 Intl.Motor XOL 003315021NXC 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* Groupama Motor/Liab 3rd XL
A-2-30
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
26 26 Intl.Motor XOL 003316021NXC 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* Groupama Motor/Liab 4th XL
26 26 Intl.Motor XOL 003317021NXC 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* Groupama Motor/Liab 5th XL
26 26 Intl.Motor XOL 003318021NXC 1/1/02 12/31/02 Groupama Ins Co Ltd *AC* Groupama Motor/Liab Unltd XL
26 26 Intl.Motor XOL 003344021NXC 1/1/02 12/31/02 R+V Vers AG, Ruck-Re *AC* R&V Motor Programme
26 26 Intl.Motor XOL 003362021NXC 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial Group Casualty Layer1
26 26 Intl.Motor XOL 003362021NXC 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial Group Casualty Layer1
26 26 Intl.Motor XOL 003362021NXC 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial Group Casualty Layer1
26 26 Intl.Motor XOL 003363021NXC 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial Group Casualty Layer2
26 26 Intl.Motor XOL 003363021NXC 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial Group Casualty Layer2
26 26 Intl.Motor XOL 003363021NXC 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial Group Casualty Layer2
26 26 Intl.Motor XOL 003364021NXC 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial Group Casualty Layer3
26 26 Intl.Motor XOL 003364021NXC 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial Group Casualty Layer3
26 26 Intl.Motor XOL 003364021NXC 2/1/02 1/31/03 Colonial Ins Co Ltd *AC* Colonial Group Casualty Layer3
26 26 Intl.Motor XOL 003365021NXC 2/1/02 1/31/03 Security & Gen Ins Co *NR* Security & Gen Casualty Layer4
26 26 Intl.Motor XOL 003365021NXC 2/1/02 1/31/03 Security & Gen Ins Co *NR* Security & Gen Casualty Layer4
26 26 Intl.Motor XOL 003373021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa UK Motor & Accident XL 1
26 26 Intl.Motor XOL 003374021NXC 1/1/02 12/31/02 R+V Vers AG, Ruck-Re *AC* R&V -Kravag Allgemeine MTPL XL
26 26 Intl.Motor XOL 003385021NXC 1/1/02 12/31/02 Trinidad & Tobago Ins *XO* Trinidad & Tobago Motor XL 2&3
26 26 Intl.Motor XOL 003399021NXC 1/1/02 12/31/02 Nagico Ins Co *AC* NAGICO Motor XL - St Maarten
26 26 Intl.Motor XOL 003403021NXC 1/1/02 12/31/02 Shipley DES Synd 2791 *AC* ARB U/W Ltd Motor XL Layers2-5
26 26 Intl.Motor XOL 003419021NXC 4/1/02 3/31/03 Legal & Gen Ass Soc L *AC* Legal & Gen Motor Layer 4
26 26 Intl.Motor XOL 003426021NXC 4/1/02 3/31/03 Newman D J Synd 1218 *AC* 1st - Lloyds U/Ws iro IUS (NI)
26 26 Intl.Motor XOL 003427021NXC 4/1/02 3/31/03 Newman D J Synd 1218 *AC* 2nd - Lloyds U/Ws iro IUS (NI)
26 26 Intl.Motor XOL 003428021NXC 4/1/02 3/31/03 Newman D J Synd 1218 *AC* 3rd - Lloyds U/Ws iro IUS (NI)
26 26 Intl.Motor XOL 003429021NXC 4/1/02 3/31/03 Newman D J Synd 1218 *AC* 4th - Lloyds U/Ws iro IUS (NI)
26 26 Intl.Motor XOL 003430021NXC 4/1/02 3/31/03 Newman D J Synd 1218 *AC* 5th - Lloyds U/Ws iro IUS (NI)
26 26 Intl.Motor XOL 003431021NXC 4/1/02 3/31/03 Newman D J Synd 1218 *AC* 6th - Lloyds U/Ws iro IUS (NI)
26 26 Intl.Motor XOL 003468021NXC 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover Int Motor XL Sect C
26 26 Intl.Motor XOL 003469021NXC 1/1/02 12/31/02 Quinn Direct Ins Ltd *TO* Quinn Direct 2nd Layer
26 26 Intl.Motor XOL 003482021NXC 6/1/02 5/31/03 AIU Ins Co *AC* AIU Motor 1st layer
26 26 Intl.Motor XOL 003483021NXC 6/1/02 5/31/03 AIU Ins Co *AC* AIU Motor 2nd layer
26 26 Intl.Motor XOL 003484021NXC 6/1/02 5/31/03 AIU Ins Co *AC* AIU Motor 3rd & unlimited lyr
A-2-31
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
26 26 Intl.Motor XOL 040663021BXC 1/1/02 12/31/02 TVM VERZ (TRANSPORT) *AC* AUTO XSL 1L.
26 26 Intl.Motor XOL 040683021BXC 1/1/02 12/31/02 TVM VERZ (TRANSPORT) *AC* AUTO XSL 2L.
26 26 Intl.Motor XOL 044704021BXC 1/1/02 12/31/02 INTERPOLIS NV *AC* MOTOR LIAB / HULL XSL. 2ND L.
26 26 Intl.Motor XOL 045389021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* MOTOR LIAB. XSL 1ST LAYER
26 26 Intl.Motor XOL 045390021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* MOTOR LIAB. XSL 2ND LAYER
26 26 Intl.Motor XOL 045391021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* MOTOR LIAB. XSL 3RD LAYER
26 26 Intl.Motor XOL 047165021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* MOTOR LIAB. XSL 4TH LAYER
26 26 Intl.Motor XOL 050068021BXC 1/1/02 12/31/02 AXA Colonia Konzern *AC* M.T.P.L. XSL
26 26 Intl.Motor XOL 050463021BXC 1/1/02 12/31/02 Olympiaki-Victoria *AC* MOTOR LIABILITY XSL 1ST LAYER
26 26 Intl.Motor XOL 050465021BXC 1/1/02 12/31/02 Olympiaki-Victoria *AC* MOTOR LIABILITY XSL 2ND LAYER
26 26 Intl.Motor XOL 050466021BXC 1/1/02 12/31/02 Olympiaki-Victoria *AC* MOTOR LIABILITY XSL 3RD LAYER
26 26 Intl.Motor XOL 052446021BXC 1/1/02 12/31/02 MUSSAP *AC* MOTOR STOPLOSS ON RETENTION
26 26 Intl.Motor XOL 055524021BXC 1/1/02 12/31/02 Unive Verzekeringen *AC* M.T.P.L. 1ST LAYER
26 26 Intl.Motor XOL 055526021BXC 1/1/02 12/31/02 Unive Verzekeringen *AC* M.T.P.L. 2ND LAYER
26 26 Intl.Motor XOL 055527021BXC 1/1/02 12/31/02 Unive Verzekeringen *AC* M.T.P.L. 3RD LAYER
26 26 Intl.Motor XOL 055767021BXC 1/1/02 12/31/02 AGROTIKI HELLENIC GEN *AC* MOTOR LIABILITY XSL 1ST LAYER
26 26 Intl.Motor XOL 055770021BXC 1/1/02 12/31/02 AGROTIKI HELLENIC GEN *AC* MOTOR LIABILITY XSL 2ND LAYER
26 26 Intl.Motor XOL 055771021BXC 1/1/02 12/31/02 AGROTIKI HELLENIC GEN *AC* MOTOR LIABILITY XSL 3RD LAYER
26 26 Intl.Motor XOL 055787021BXC 1/1/02 12/31/02 VHV Autoversicherungs *AC* MOTOR LIABILITY XSL 1ST LAYER
26 26 Intl.Motor XOL 055788021BXC 1/1/02 12/31/02 VHV Autoversicherungs *AC* MOTOR LIABILITY XSL 2ND LAYER
26 26 Intl.Motor XOL 055932021BXC 1/1/02 12/31/02 ABEILLE ASS *AC* GENERAL AGRI / PROF LIAB XSL
26 26 Intl.Motor XOL 055933021BXC 1/1/02 12/31/02 Commercial Union Ass *AC* PROFESSIONAL LIABILITY XSL
26 26 Intl.Motor XOL 055934021BXC 1/1/02 12/31/02 ABEILLE ASS *AC* M.T.P.L. XSL
26 26 Intl.Motor XOL 055935021BXC 1/1/02 12/31/02 Commercial Union Ass *AC* M.T.P.L. XSL
26 26 Intl.Motor XOL 055971021BXC 1/1/02 12/31/02 Generali Ass Gen *AC* MOTOR LIABILITY XSL 1ST LAYER
26 26 Intl.Motor XOL 055972021BXC 1/1/02 12/31/02 Generali Ass Gen *AC* MOTOR LIABILITY XSL 2ND LAYER
26 26 Intl.Motor XOL 055973021BXC 1/1/02 12/31/02 Generali Ass Gen *AC* MOTOR LIABILITY XSL 3RD LAYER
26 26 Intl.Motor XOL 823412021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor/Liability Layer 1
26 26 Intl.Motor XOL 823412021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor/Liability Layer 1
26 26 Intl.Motor XOL 823413021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor/Liability Layer 2
26 26 Intl.Motor XOL 823413021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Summit Motor/Liability Layer 2
26 26 Intl.Motor XOL 823636021NXC 1/1/02 12/31/02 Brick R M Synd 0587 *AC* Chaucer Motor Layer 1
A-2-32
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
26 26 Intl.Motor XOL 823638021NXC 1/1/02 12/31/02 Brick R M Synd 0587 *AC* Chaucer Motor Layer 2
26 26 Intl.Motor XOL 823639021NXC 1/1/02 12/31/02 Brick R M Synd 0587 *AC* Chaucer Motor Layer 3
26 26 Intl.Motor XOL 823659021NXC 4/1/02 3/31/03 Legal & Gen Ass Soc L *AC* Legal & Gen Motor Layer 2
26 26 Intl.Motor XOL 823660021NXC 4/1/02 3/31/03 Legal & Gen Ass Soc L *AC* Legal & Gen Motor Layer 3
26 26 Intl.Motor XOL 824138021NXC 1/1/02 12/31/02 HSBC (Corinthian) *AC* Corinthian Motor XL Layers 1&2
32 32 Marine XOL Tty 000222021NXM 1/1/02 12/31/02 Swedish Club Sveriges *AC* Swedish Club 1st Cat XL
32 32 Marine XOL Tty 000244021NXM 3/1/02 2/28/03 Swedish Club Sveriges *AC* Swedish Club IV/Freight XL 1-3
32 32 Marine XOL Tty 000476021NXM 1/1/02 12/31/02 Upton P D Synd 0002 *AC* Upton Specie Layer
32 32 Marine XOL Tty 000492021NXM 2/20/02 2/19/03 International Grp *AC* Intl Grp Clash iro Layer1 3of3
32 32 Marine XOL Tty 000493021NXM 2/20/02 2/19/03 International Grp *AC* Intl Grp Clash iro Layer1 3of3
32 32 Marine XOL Tty 000737021NXM 1/1/02 12/31/02 Pohjola Ins Co Ltd *AC* POHJOLA HULL REPORTER
32 32 Marine XOL Tty 001034021NXM 1/1/02 12/31/02 Rendall W F Synd 0510 *AC* Kiln Top Cat XL
32 32 Marine XOL Tty 001298021NXM 1/1/02 12/31/02 Swedish Club Sveriges *AC* Swedish Club 1st Hull XL
32 32 Marine XOL Tty 001299021NXM 1/1/02 12/31/02 Swedish Club Sveriges *AC* Swedish Club 2nd Hull XL
32 32 Marine XOL Tty 001773021NXM 8/1/02 7/31/03 Hicks A D Synd 2147 *AC* SVB (Synd 2147) Liability XL 3
32 32 Marine XOL Tty 001775021NXM 1/1/02 12/31/02 Gammell A J Synd 0102 *AC* Gammell Cargo/Specie A/C
32 32 Marine XOL Tty 001944021NXM 1/1/02 12/31/02 Humm T M Synd 1861 *AC* BRM Synd 1861 Marine Cat 1
32 32 Marine XOL Tty 002107021NXM 2/16/02 2/15/03 NEFO Fender Ins Co Lt *XO* Fender Cargo XL Layer 1
32 32 Marine XOL Tty 002108021NXM 2/16/02 2/15/03 NEFO Fender Ins Co Lt *XO* NEFO Fender Umbrella XL
32 32 Marine XOL Tty 002180021NXM 1/1/02 12/31/02 Watkins M C Synd 0457 *AC* Watkins Top Whole a/c
32 32 Marine XOL Tty 002276021NXM 8/1/02 7/31/03 Hicks A D Synd 2147 *AC* SVB (Synd 2147) Liability XL 1
32 32 Marine XOL Tty 002287021NXM 8/1/02 7/31/03 Hicks A D Synd 2147 *AC* SVB (Synd 2147) Liability XL 2
32 32 Marine XOL Tty 002402021NXM 1/1/02 12/31/02 Gerling Konzern AV *AC* Gerling Top Energy Layer
32 32 Marine XOL Tty 002411021NXM 1/1/02 12/31/02 Vesta Forsikring AS *AC* Vesta 3rd fish farm xl
32 32 Marine XOL Tty 002460021NXM 1/1/02 12/31/02 NEFO Fender Ins Co Lt *XO* NEFO Fender Hull Reporter
32 32 Marine XOL Tty 002461021NXM 1/1/02 12/31/02 NEFO Fender Ins Co Lt *XO* NEFO Fender Hull Clash
32 32 Marine XOL Tty 002466021NXM 1/1/02 12/31/02 Vesta Forsikring AS *AC* Vesta Hull Reporter
32 32 Marine XOL Tty 002816021NXM 1/1/02 12/31/02 Tryg-Baltica Int UK L *AC* Tryg Baltica Limited General
32 32 Marine XOL Tty 002856021NXM 1/1/02 12/31/02 Watkins M C Synd 0457 *AC* Watkins M C 1st Ltd Gen
32 32 Marine XOL Tty 002885021NXM 1/1/02 12/31/02 Marshall D J Synd0839 *AC* Marshall D J Top Cat Layer
32 32 Marine XOL Tty 002889021NXM 1/1/02 12/31/02 Watkins M C Synd 0457 *AC* Watkins Synd 457 2nd Ltd Gen
32 32 Marine XOL Tty 002890021NXM 1/1/02 12/31/02 Watkins M C Synd 0457 *AC* Watkins Synd 457 1st Cat Layer
A-2-33
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
32 32 Marine XOL Tty 002893021NXM 1/1/02 12/31/02 Bergens Skibsassurans *AC* Norwegian Hull Club top layer
32 32 Marine XOL Tty 002907021NXM 1/1/02 12/31/02 Zurich Ins Co *AC* Zurich Global Marine XL
32 32 Marine XOL Tty 002909021NXM 1/1/02 12/31/02 Dandridge CE Synd0609 *AC* Atrium Synd 609 Ltd Gen
32 32 Marine XOL Tty 002925021NXM 1/1/02 12/31/02 Venton J H Synd 1183 *AC* Talbot Synd 1183 2nd Cat Layer
32 32 Marine XOL Tty 002937021NXM 1/1/02 12/31/02 Gjensidige Norsk Skad *AC* Gjensidige 1st Umbrella XL
32 32 Marine XOL Tty 002972021NXM 1/1/02 12/31/02 Venton J H Synd 1183 *AC* Talbot Synd 1183 Ltd Gen
32 32 Marine XOL Tty 002973021NXM 1/1/02 12/31/02 Venton J H Synd 1183 *AC* Talbot Synd 1183 Ltd Gen
32 32 Marine XOL Tty 002974021NXM 1/1/02 12/31/02 Venton J H Synd 1183 *AC* Talbot Synd 1183 1st Cat Layer
32 32 Marine XOL Tty 003034021NXM 1/1/02 12/31/02 Watkins M C Synd 0457 *AC* Watkins cargo iro Northern Mar
32 32 Marine XOL Tty 003155021NXM 7/1/02 6/30/03 Watkins M C Synd 0457 *AC* Watkins Yacht&MarineTrade Lyr1
32 32 Marine XOL Tty 003161021NXM 7/1/02 6/30/03 Watkins M C Synd 0457 *AC* Watkins Yacht&MarineTrade Lyr2
32 32 Marine XOL Tty 003162021NXM 7/1/02 6/30/03 Watkins M C Synd 0457 *AC* Watkins Yacht&MarineTrade Lyr3
32 32 Marine XOL Tty 003163021NXM 7/1/02 6/30/03 Watkins M C Synd 0457 *AC* Watkins Yacht&MarineTrade Lyr4
32 32 Marine XOL Tty 003193021NXM 8/1/02 7/31/03 Hicks A D Synd 2147 *AC* SVB (Synd 2147) Liability XL 4
32 32 Marine XOL Tty 003194021NXM 8/1/02 7/31/03 Hicks A D Synd 2147 *AC* SVB (Synd 2147) Liability XL 5
32 32 Marine XOL Tty 003215021NXM 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover Energy Top Layer
32 32 Marine XOL Tty 003256021NXM 1/1/02 12/31/02 Martin C J Synd 1225 *AC* Aegis Synd 1225 Cargo a/c
32 32 Marine XOL Tty 003279021NXM 1/1/02 12/31/02 Royal Sun Alliance In *AC* RSA Asia Marine Account Layer3
32 32 Marine XOL Tty 003285021NXM 1/1/02 12/31/02 Tryg-Baltica Int UK L *AC* Tryg Baltica Limited General
32 32 Marine XOL Tty 003290021NXM 1/1/02 12/31/02 Warta Ins & Re Co Ltd *NR* Warta Hull & Cargo Top Layer
32 32 Marine XOL Tty 003291021NXM 1/1/02 12/31/02 Hart T F Synd 0062 *AC* Hart T F Whole Account Run-Off
32 32 Marine XOL Tty 003307021NXM 1/1/02 12/31/02 Collyear JRN Synd1243 *AC* Euclidian Specie A/C XL
32 32 Marine XOL Tty 003312021NXM 1/1/02 12/31/02 Watkins M C Synd 0457 *AC* Watkins Energy Two Risk Layer
32 32 Marine XOL Tty 003319021NXM 1/1/02 12/31/02 Wadman S N Synd 0382 *AC* Walker A J Synd 382 1st Cat XL
32 32 Marine XOL Tty 003320021NXM 1/1/02 12/31/02 Dandridge CE Synd0609 *AC* Atrium Energy A/C XL
32 32 Marine XOL Tty 003321021NXM 1/1/02 12/31/02 Hope D E Synd 1009 *AC* Hope D E Specie Run off
32 32 Marine XOL Tty 003322021NXM 1/1/02 12/31/02 Wright P P A Synd2241 *AC* DEX 1st Hull Layer
32 32 Marine XOL Tty 003323021NXM 1/1/02 12/31/02 Wright P P A Synd2241 *AC* DEX 2nd Hull Layer
32 32 Marine XOL Tty 003324021NXM 1/1/02 12/31/02 Wright P P A Synd2241 *AC* DEX 3rd Hull Layer
32 32 Marine XOL Tty 003325021NXM 1/1/02 12/31/02 Wright P P A Synd2241 *AC* DEX 4th Hull Layer
32 32 Marine XOL Tty 003335021NXM 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover Ruck Energy A/c
32 32 Marine XOL Tty 003342021NXM 1/1/02 12/31/02 Dandridge CE Synd0609 *AC* Atrium Liabilty A/c
A-2-34
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
32 32 Marine XOL Tty 003345021NXM 1/1/02 12/31/02 Wurttembergische UK B *AC* Wurttembergische Ltd Gen
32 32 Marine XOL Tty 003347021NXM 1/1/02 12/31/02 Wellington Synd 2020 *AC* Wellington Top Ltd Gen
32 32 Marine XOL Tty 003348021NXM 1/1/02 12/31/02 Wellington Synd 2020 *AC* Wellington 1st Cat (Top) Layer
32 32 Marine XOL Tty 003349021NXM 1/1/02 12/31/02 Astra SA Ins & Re Cie *XO* Astra Layer 1 Cargo only
32 32 Marine XOL Tty 003350021NXM 1/1/02 12/31/02 Astra SA Ins & Re Cie *XO* Astra Layer 1 Hull & Cargo
32 32 Marine XOL Tty 003351021NXM 1/1/02 12/31/02 Astra SA Ins & Re Cie *XO* Astra Layer 2 Hull & Cargo
32 32 Marine XOL Tty 003352021NXM 1/1/02 12/31/02 Astra SA Ins & Re Cie *XO* Astra Layer 3 Hull & Cargo
32 32 Marine XOL Tty 003353021NXM 1/1/02 12/31/02 Astra SA Ins & Re Cie *XO* Astra Layer 4 Hull & Cargo
32 32 Marine XOL Tty 003354021NXM 1/1/02 12/31/02 Astra SA Ins & Re Cie *XO* Astra Layer 5 Hull & Cargo
32 32 Marine XOL Tty 003355021NXM 1/1/02 12/31/02 AGF-MAT (London Branc *AC* AGF Clash Layer 2
32 32 Marine XOL Tty 003358021NXM 1/1/02 12/31/02 Zurich Ins Co *AC* Zurich Cargo XL 1st Layer
32 32 Marine XOL Tty 003359021NXM 1/1/02 12/31/02 Zurich Ins Co *AC* Zurich Cargo XL 2nd Layer
32 32 Marine XOL Tty 003360021NXM 1/1/02 12/31/02 Zurich Ins Co *AC* Zurich Cargo XL 3rd Layer
32 32 Marine XOL Tty 003368021NXM 1/1/02 12/31/02 Bluewater Ins AS *AC* Bluewater 1st Clash Layer
32 32 Marine XOL Tty 003369021NXM 1/1/02 12/31/02 Bluewater Ins AS *AC* Bluewater 2nd Clash Layer
32 32 Marine XOL Tty 003375021NXM 1/1/02 12/31/02 Gammell A J Synd 0102 *AC* Goshawk Cargo XL
32 32 Marine XOL Tty 003376021NXM 1/1/02 12/31/02 IF Prop & Cas Ins Co *NR* IF Gard Energy A/c $25m/50m
32 32 Marine XOL Tty 003377021NXM 1/1/02 12/31/02 IF Prop & Cas Ins Co *NR* IF Gard Energy A/c $25m/75m
32 32 Marine XOL Tty 003378021NXM 1/1/02 12/31/02 Ingosstrakh Ins Co Lt *NR* Ingosstrakh P&I 1st Layer
32 32 Marine XOL Tty 003379021NXM 1/1/02 12/31/02 Ingosstrakh Ins Co Lt *NR* Ingosstrakh P&I 2nd Layer
32 32 Marine XOL Tty 003380021NXM 1/1/02 12/31/02 Ingosstrakh Ins Co Lt *NR* Ingosstrakh P&I 3rd Layer
32 32 Marine XOL Tty 003381021NXM 1/1/02 12/31/02 Ingosstrakh Ins Co Lt *NR* Ingosstrakh P&I 4th Layer
32 32 Marine XOL Tty 003382021NXM 1/1/02 12/31/02 Amlin Synd 2001 *AC* Holt 1st Cargo/Specie Layer
32 32 Marine XOL Tty 003383021NXM 1/1/02 12/31/02 Amlin Synd 2001 *AC* Holt 2nd Cargo/Specie Layer
32 32 Marine XOL Tty 003384021NXM 1/1/02 12/31/02 Amlin Synd 2001 *AC* Holt 3rd Cargo/Specie Layer
32 32 Marine XOL Tty 003386021NXM 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover Ruck Mar/Energy Cat 2
32 32 Marine XOL Tty 003387021NXM 1/1/02 12/31/02 Hannover Ruck AG *AC* Hannover Ruck Mar/Energy Cat 1
32 32 Marine XOL Tty 003388021NXM 3/1/02 2/28/03 Beazley A F Synd 0623 *AC* Beazley Japanese Hull Layer 1
32 32 Marine XOL Tty 003389021NXM 3/1/02 2/28/03 Beazley A F Synd 0623 *AC* Beazley Japanese Hull Layer 2
32 32 Marine XOL Tty 003390021NXM 3/1/02 2/28/03 Beazley A F Synd 0623 *AC* Beazley Japanese Hull Layer 3
32 32 Marine XOL Tty 003391021NXM 3/1/02 2/28/03 Beazley A F Synd 0623 *AC* Beazley Japanese Hull Layer 4
32 32 Marine XOL Tty 003392021NXM 3/1/02 2/28/03 Beazley A F Synd 0623 *AC* Beazley Japanese Hull Layer 5
A-2-35
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
32 32 Marine XOL Tty 003393021NXM 1/1/02 12/31/02 Upton P D Synd 0002 *AC* Upton Limited General
32 32 Marine XOL Tty 003394021NXM 2/1/02 1/31/03 Houston Cas Co *AC* Houston Casualty Ltd Gen Lyr 1
32 32 Marine XOL Tty 003395021NXM 2/1/02 1/31/03 Houston Cas Co *AC* Houston Casualty Ltd Gen Lyr 2
32 32 Marine XOL Tty 003400021NXM 2/20/02 2/19/03 Continental Cas Co *AC* MOAC iro Int Grp "Take Out"
32 32 Marine XOL Tty 003402021NXM 2/16/02 2/15/03 NEFO Fender Ins Co Lt *XO* Fender Cargo XL Layer 2
32 32 Marine XOL Tty 003406021NXM 2/20/02 2/19/03 UK Mut Steam Ship Ass *XO* UK Mut SteamShip P&I Overspill
32 32 Marine XOL Tty 003413021NXM 1/1/02 12/31/02 AGF-MAT (London Branc *AC* AGF Cargo/Specie Layer
32 32 Marine XOL Tty 003414021NXM 1/1/02 12/31/02 AGF-MAT (London Branc *AC* AGF Clash Layer 1
32 32 Marine XOL Tty 003420021NXM 1/1/02 12/31/02 Great Lakes Re UK plc *XF* Transmarine 1st LOH XL
32 32 Marine XOL Tty 003421021NXM 1/1/02 12/31/02 Great Lakes Re UK plc *XF* Transmarine 2nd LOH XL
32 32 Marine XOL Tty 003424021NXM 3/1/02 2/28/03 Motors Ins Corp *AC* Motors Ins Corp Cargo XL 1
32 32 Marine XOL Tty 003425021NXM 3/1/02 2/28/03 Motors Ins Corp *AC* Motors Ins Corp Cargo XL 2
32 32 Marine XOL Tty 003434021NXM 1/1/02 12/31/02 Hart T F Synd 0062 *AC* TF Hart Whole A/C Top Ltd Gen
32 32 Marine XOL Tty 003438021NXM 4/1/02 3/31/03 Chown R C Synd 2323 *AC* Nissan Synd 2323 Cat 2riskwarr
32 32 Marine XOL Tty 003439021NXM 3/21/02 3/20/03 Synd 2987 Wren Motor *NR* Brit Synd Energy XL 1
32 32 Marine XOL Tty 003440021NXM 3/21/02 3/20/03 Synd 2987 Wren Motor *NR* Brit Synd Energy XL 2
32 32 Marine XOL Tty 003441021NXM 4/1/02 3/31/03 Daehan F&M Ins Co Ltd *AC* Daehan Cargo XLs 1 - 3
32 32 Marine XOL Tty 003473021NXM 7/1/02 6/30/03 Suncorp Metway Ins Lt *AC* Suncorp Metway/GIO Whole AC L2
32 32 Marine XOL Tty 003474021NXM 7/1/02 6/30/03 Suncorp Metway Ins Lt *AC* Suncorp Metway/GIO Whole AC L3
32 32 Marine XOL Tty 003480021NXM 7/1/02 6/30/03 Samsung F&M Ins Co Lt *AC* Samsung Hull A/C XL
32 32 Marine XOL Tty 003485021NXM 7/11/02 7/10/03 Rendall W F Synd 0510 *AC* Kiln Synd 510 Marine Top Cat
32 32 Marine XOL Tty 003490021NXM 8/1/02 6/30/03 ERC Frankona Ruck *AC* ERC Global 4th Marine Ltd Gen
32 32 Marine XOL Tty 003491021NXM 8/1/02 6/30/03 ERC Frankona Ruck *AC* ERC Global 5th Marine Ltd Gen
32 32 Marine XOL Tty 003492021NXM 8/1/02 6/30/03 ERC Frankona Ruck *AC* ERC Global 6th Marine Ltd Gen
32 32 Marine XOL Tty 040669021BXM 1/1/02 12/31/02 TVM VERZ (TRANSPORT) *AC* MARINE XSL 1L.
32 32 Marine XOL Tty 040680021BXM 1/1/02 12/31/02 TVM VERZ (TRANSPORT) *AC* MARINE XSL 2L.
32 32 Marine XOL Tty 050164021BXM 1/1/02 12/31/02 Axa Schade Verz *AC* MARINE HULL & CARGO 1ST LAYER
32 32 Marine XOL Tty 050166021BXM 1/1/02 12/31/02 Axa Schade Verz *AC* MARINE HULL & CARGO 2ND LAYER
32 32 Marine XOL Tty 050168021BXM 1/1/02 12/31/02 Axa Schade Verz *AC* MARINE HULL & CARGO 3RD LAYER
32 32 Marine XOL Tty 050235021BXM 1/1/02 12/31/02 THURINGIA VERS AG *AC* MARINE XSL 1ST LAYER
32 32 Marine XOL Tty 050236021BXM 1/1/02 12/31/02 THURINGIA VERS AG *AC* MARINE XSL 2ND LAYER
32 32 Marine XOL Tty 050237021BXM 1/1/02 12/31/02 THURINGIA VERS AG *AC* MARINE XSL 3RD LAYER
A-2-36
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE A-2 - INCLUDED REINSURANCE CONTRACTS.
Reserving Genius Policy
Class Class Reference Inception Expiry Cedant Title
32 32 Marine XOL Tty 052970021BXM 1/1/02 12/31/02 European Reliance Gen *AC* MARINE HULL XSL 1ST LAYER
32 32 Marine XOL Tty 052971021BXM 1/1/02 12/31/02 European Reliance Gen *AC* MARINE HULL XSL 2ND LAYER
32 32 Marine XOL Tty 052972021BXM 1/1/02 12/31/02 European Reliance Gen *AC* MARINE HULL XSL 3RD LAYER
32 32 Marine XOL Tty 052973021BXM 1/1/02 12/31/02 European Reliance Gen *AC* MARINE HULL XSL 4TH LAYER
32 32 Marine XOL Tty 055618021BXM 1/1/02 12/31/02 AGF-MAT *AC* MARINE XSL 1ST LAYER
32 32 Marine XOL Tty 055619021BXM 1/1/02 12/31/02 AGF-MAT *AC* MARINE XSL 2ND LAYER
32 32 Marine XOL Tty 055620021BXM 1/1/02 12/31/02 AGF-MAT *AC* MARINE XSL 3RD LAYER
32 32 Marine XOL Tty 055621021BXM 1/1/02 12/31/02 AGF-MAT *AC* MARINE XSL 4TH LAYER
32 32 Marine XOL Tty 055622021BXM 1/1/02 12/31/02 AGF-MAT *AC* MARINE XSL 5TH LAYER
32 32 Marine XOL Tty 821023021NXM 1/1/02 12/31/02 Vesta Forsikring AS *AC* Vesta 2nd fish farm CAT x/l
32 32 Marine XOL Tty 824026021NXM 1/1/02 12/31/02 Bergens Skibsassurans *AC* Bergen Hull XL (4 of 4)
32 32 Marine XOL Tty 824167021NXM 1/1/02 12/31/02 Upton P D Synd 0002 *AC* Upton 5th Specie XL
41 41 US Motor (ExE/C 002365021AXC 1/1/02 12/31/02 Republic Western Ins *AC* Rep Western/TIS Risk Pub Auto
41 41 US Motor (ExE/C 002366021AXC 1/1/02 12/31/02 Republic Western Ins *AC* Rep Western/TIS Risk Pub Auto
41 41 US Motor (ExE/C 003252021AXC 1/1/02 12/31/02 Lincoln Gen Ins Co *AC* Lincoln General/TIS 1st Auto
41 41 US Motor (ExE/C 003253021AXC 1/1/02 12/31/02 Lincoln Gen Ins Co *AC* Lincoln General/TIS 2nd Auto
41 42 US Motor ExCess 002919021AXC 1/1/02 12/31/02 Occidental F&C N Am *AC* Occidental/Wilshire Risk
41 42 US Motor ExCess 003050021AXC 1/1/02 12/31/02 Occidental F&C N Am *AC* Occidental xs Cession Treaty
55 55 Intl.P.A.Pro Ra 040222021BRC 1/1/02 12/31/02 GLOBAL CO DE SEG SA *TO* ACCIDENT SPL
55 55 Intl.P.A.Pro Ra 053066021BRC 1/1/02 12/31/02 BPB Assic SpA *AC* ACCIDENT QUOTA SHARE TREATY
55 55 Intl.P.A.Pro Ra 053069021BRC 1/1/02 12/31/02 BPB Assic SpA *AC* SICKNESS QUOTA SHARE TREATY
60 60 Int Mtr PD PrRa 053063021BRP 1/1/02 12/31/02 BPB Assic SpA *AC* MOTOR HULL QUOTA SHARE TREATY
23 61 Intl Eng Pr Tty 053070021BRE 1/1/02 12/31/02 BPB Assic SpA *AC* EAR / CAR QUOTA SHARE TREATY
23 61 Intl Eng Pr Tty 055918021BRE 1/1/02 12/31/02 GLOBAL CO DE SEG SA *TO* ENGINEERING QS & FSP TREATY
79 79 Satellite XOL T 002048021NXS 1/23/02 1/22/03 Childs R S Synd 0033 *AC* Hiscox Satellite XL
79 79 Satellite XOL T 003010021NXS 1/1/02 12/31/02 Hannover Ruck AG *AC* HannoverDirect/FacSatellite XL
80 80 Int Mtr Liab PR 053068021BRC 1/1/02 12/31/02 BPB Assic SpA *AC* M.T.P.L. QUOTA SHARE TREATY
91 91 N.A.Crop XL 000544021AXP 4/1/02 3/31/03 Coop Hail Ins Co Ltd *AC* Co Operatve Hail 1st Crop
91 91 N.A.Crop XL 000545021AXP 4/1/02 3/31/03 Coop Hail Ins Co Ltd *AC* Cooperative 2nd & 4th Crop
91 91 N.A.Crop XL 003077021AXP 4/1/02 3/31/03 Agric Finan Servs Cor *AC* AFSC 2nd Multi Peril 2nd Yr
91 91 N.A.Crop XL 003245021AXP 4/1/02 3/31/03 Coop Hail Ins Co Ltd *AC* Co Operative Hail 3rd Crop
A-2-37
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-3-1
NEW YORK
& VERMONT
DEPOSIT PROFIT
OFFICE CLASS DESCRIPTION OUTSTANDING LOSS ULAE IBNR LIABILITIES COMMISSIONS
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-3-2
EXHIBIT B-1
List of Excluded Classes
The following business is to be excluded from transfer.
London Classes London Classes
-------------- --------------
L12 N. Am Prof B57 Brussels Non-Marine Fac Excess
L13 Intl Prof B58 Brussels Marine Fac Pro Rata
L14 NA Property Binders B59 Brussels Marine Fac Excess
L98 U.S. Run-Off Business B67 Brussels Sattelite PR
L20 LMX/Retro Prop B77 Brussels Aviation Liability Pro Rata Treaty
L22 LMX/Retro Cas B78 Brussels Aviation Hull Pro Rata Treaty
L30 N Am Cas E&S B90 Brussels Fin Lines Pro Rata
L31 N Am Binders Cas M97 Munich Int'l Run-Off Business
L15 Aviation
L19 Int'l Credit
L35 Financial Long Tail
L67 Sattelite
R21 Marine Runoff
R22 Casualty Retro Runof
L97 Int Property Runoff
L98 NA Casualty Runoff
B36 Brussels Financial Lines Short Tail PR
B37 Brussels Financial Lines Short Tail XL
B56 Brussels Non-Marine Fac Pro Rata
B88 Brussels Non Traditional
L88 Int'l NT 1999
L89 NA NT 1999
B-1-1
EXHIBIT B-2
The Excluded Contracts
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE B-2 - EXCLUDED CONTRACTS
Reserving GENIUS Policy
Class Class Reference Inception Expiry Cedant Title
26 26 Intl.Motor XOL 000818021NXC 1/1/02 12/31/02 Neal J D Synd 0980 *AC* Ensign Mtr Malta Spec -Yr 2 of 2
26 26 Intl.Motor XOL 823647021NXC 1/1/02 12/31/02 Neal J D Synd 0980 *AC* Ensign mtr Layer 1 - Yr 2 of 2
26 26 Intl.Motor XOL 823649021NXC 1/1/02 12/31/02 Neal J D Synd 0980 *AC* Ensign mtr layers 2-5 Yr 2 of 2
27 27 Intl.Liabs.XOL 000287021NXC 1/1/02 12/31/02 Assic Generali di Tri *AC* Generali GTP Multinational 1&2
27 27 Intl.Liabs.XOL 000287021NXC 1/1/02 12/31/02 Assic Generali di Tri *AC* Generali GTP Multinational 1&2
27 27 Intl.Liabs.XOL 000288021NXC 1/1/02 12/31/02 Assic Generali di Tri *AC* Generali GTP Layers 1 & 2
27 27 Intl.Liabs.XOL 000582021NXC 1/1/02 12/31/02 Trenwick per SpecRisk *XO* Trenwick EL/PL Layer 1
27 27 Intl.Liabs.XOL 000583021NXC 1/1/02 12/31/02 Trenwick per SpecRisk *XO* Trenwick EL/PL Layers 3 & 4
27 27 Intl.Liabs.XOL 000583021NXC 1/1/02 12/31/02 Trenwick per SpecRisk *XO* Trenwick EL/PL Layers 3 & 4
27 27 Intl.Liabs.XOL 000788021NXC 1/1/02 12/31/02 Wallace R J Synd 0683 *AC* R J Wallace GTP Layer 1
27 27 Intl.Liabs.XOL 000898021NXC 7/1/02 6/30/03 AIG Europe UK Ltd *AC* AIG Offshore EL Layer 1
27 27 Intl.Liabs.XOL 000898021NXC 7/1/02 6/30/03 AIG Europe UK Ltd *AC* AIG Offshore EL Layer 1
27 27 Intl.Liabs.XOL 000989021NXC 1/1/02 12/31/02 Cornhill Ins PLC *AC* Cornhill EL/PL/PA Clash XL
27 27 Intl.Liabs.XOL 001332021NXC 1/1/02 12/31/02 Mann D P Synd 0435 *AC* Faraday Synd 435 GTP Layer 1
27 27 Intl.Liabs.XOL 001332021NXC 1/1/02 12/31/02 Mann D P Synd 0435 *AC* Faraday Synd 435 GTP Layer 1
27 27 Intl.Liabs.XOL 001404021NXC 4/1/02 3/31/03 Zurich Ins Co UK *XO* Zurich Municipal EL Layer 1
27 27 Intl.Liabs.XOL 001448021NXC 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* Royal & Sun Alliance GTP XL 2
27 27 Intl.Liabs.XOL 001449021NXC 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* Royal & Sun Alliance GTP XL 3
27 27 Intl.Liabs.XOL 001450021NXC 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* Royal & Sun Alliance GTP XL 4
27 27 Intl.Liabs.XOL 001518021NXC 1/1/02 12/31/02 ACE U/W Agys Synd2488 *AC* ACE Banks Synd 2488 XL
27 27 Intl.Liabs.XOL 001525021NXC 1/1/02 12/31/02 ACE U/W Agys Synd2488 *AC* ACE Banks Synd 2488 XL
27 27 Intl.Liabs.XOL 001907021NXC 1/1/02 12/31/02 Cornhill Ins PLC *AC* Cornhill EL Cessions Facility
27 27 Intl.Liabs.XOL 002159021NXC 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 1st general accident XL
27 27 Intl.Liabs.XOL 002159021NXC 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 1st general accident XL
27 27 Intl.Liabs.XOL 002160021NXC 4/1/02 3/31/03 Toa Re Co Ltd *AC* Toa 2nd general accident XL
27 27 Intl.Liabs.XOL 002201021NXC 1/1/02 12/31/02 Royal Sun Alliance Gr *AC* Royal & Sun Alliance GTP XL 5
27 27 Intl.Liabs.XOL 002474021NXC 1/1/02 12/31/02 Wellington Synd 2020 *AC* Wellington Synd 2020 PL/EL XL
B-2-1
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE B-2 - EXCLUDED CONTRACTS
Reserving GENIUS Policy
Class Class Reference Inception Expiry Cedant Title
27 27 Intl.Liabs.XOL 002534021NXC 1/1/02 12/31/02 Converium Ltd *AC* Converium GTP/PI XL Layer
27 27 Intl.Liabs.XOL 002534021NXC 1/1/02 12/31/02 Converium Ltd *AC* Converium GTP/PI XL Layer
27 27 Intl.Liabs.XOL 002700021NXC 1/1/02 12/31/02 Wallace R J Synd 0683 *AC* RJ Wallace Synds 683,386 Clash
27 27 Intl.Liabs.XOL 002879021NXC 1/1/02 12/31/02 RoyalSunAllianceAustr *AC* RSA Asia GTP x/l sublayer
27 27 Intl.Liabs.XOL 002879021NXC 1/1/02 12/31/02 RoyalSunAllianceAustr *AC* RSA Asia GTP x/l sublayer
27 27 Intl.Liabs.XOL 002887021NXC 1/1/02 12/31/02 Armes D J Synd 0820 *AC* Drysdale Synd 820 Banks a/c
27 27 Intl.Liabs.XOL 002888021NXC 1/1/02 12/31/02 Armes D J Synd 0820 *AC* Drysdale synd 820 Banks a/c
27 27 Intl.Liabs.XOL 002888021NXC 1/1/02 12/31/02 Armes D J Synd 0820 *AC* Drysdale synd 820 Banks a/c
27 27 Intl.Liabs.XOL 002901021NXC 1/1/02 12/31/02 Hibernian Ins Co Ltd *AC* Hibernian EL Facility
27 27 Intl.Liabs.XOL 002901021NXC 1/1/02 12/31/02 Hibernian Ins Co Ltd *AC* Hibernian EL Facility
27 27 Intl.Liabs.XOL 002999021NXC 1/1/02 12/31/02 SCOR *AC* SCOR GL Risk XL
27 27 Intl.Liabs.XOL 003095021NXC 1/1/02 12/31/02 Amlin Synd 2001 *AC* Drysdale PI/FI Clash Layer
27 27 Intl.Liabs.XOL 003121021NXC 7/1/02 6/30/03 Defence Service Homes *AC* DSH 1st Liability Layer
27 27 Intl.Liabs.XOL 003121021NXC 7/1/02 6/30/03 Defence Service Homes *AC* DSH 1st Liability Layer
27 27 Intl.Liabs.XOL 003122021NXC 7/1/02 6/30/03 Defence Service Homes *AC* DSH 2nd Liability Layer
27 27 Intl.Liabs.XOL 003123021NXC 7/1/02 6/30/03 Defence Service Homes *AC* DSH 3rd Liability Layer
27 27 Intl.Liabs.XOL 003124021NXC 7/1/02 6/30/03 Defence Service Homes *AC* DSH 4th Liability Layer
27 27 Intl.Liabs.XOL 003152021NXC 7/1/02 6/30/03 Alliance & Leicester *XO* All & Leics Household Liab x/l
27 27 Intl.Liabs.XOL 003251021NXC 1/1/02 12/31/02 Argus Ins Co Ltd *AC* Argus Accident XL
27 27 Intl.Liabs.XOL 003251021NXC 1/1/02 12/31/02 Argus Ins Co Ltd *AC* Argus Accident XL
27 27 Intl.Liabs.XOL 003303021NXC 1/1/02 12/31/02 AXA Cessions *AC* AXA Ireland Liability Layer 1
27 27 Intl.Liabs.XOL 003303021NXC 1/1/02 12/31/02 AXA Cessions *AC* AXA Ireland Liability Layer 1
27 27 Intl.Liabs.XOL 003304021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Liability Layer 2
27 27 Intl.Liabs.XOL 003304021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Liability Layer 2
27 27 Intl.Liabs.XOL 003305021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Liability Layer 3
27 27 Intl.Liabs.XOL 003305021NXC 1/1/02 12/31/02 AXA Cessions *AC* Axa Ireland Liability Layer 3
27 27 Intl.Liabs.XOL 003409021NXC 1/1/02 12/31/02 Wheeler M H Synd 1007 *AC* Wheeler Synd 1007 Banks 2nd XL
27 27 Intl.Liabs.XOL 003409021NXC 1/1/02 12/31/02 Wheeler M H Synd 1007 *AC* Wheeler Synd 1007 Banks 2nd XL
27 27 Intl.Liabs.XOL 003412021NXC 1/1/02 12/31/02 Great Lakes Re UK plc *XF* Great Lakes Landlords Liab XL
27 27 Intl.Liabs.XOL 003412021NXC 1/1/02 12/31/02 Great Lakes Re UK plc *XF* Great Lakes Landlords Liab XL
27 27 Intl.Liabs.XOL 003444021NXC 4/1/02 3/31/03 Kyoei Mut F&M Ins Co *AC* Kyoei Mutual GA Layers 1 to 4
B-2-2
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE B-2 - EXCLUDED CONTRACTS
Reserving GENIUS Policy
Class Class Reference Inception Expiry Cedant Title
27 27 Intl.Liabs.XOL 003471021NXC 1/1/02 12/31/02 Trenwick per SpecRisk *XO* Trenwick EL/PL Layer 2
27 27 Intl.Liabs.XOL 003471021NXC 1/1/02 12/31/02 Trenwick per SpecRisk *XO* Trenwick EL/PL Layer 2
27 27 Intl.Liabs.XOL 003488021NXC 7/1/02 12/31/03 Stuchbery RA Synd 1096 *AC* Chaucer FI Layer 1
27 27 Intl.Liabs.XOL 003489021NXC 7/1/02 12/31/03 Stuchbery RA Synd 1096 *AC* Chaucer FI Layer 2
27 27 Intl.Liabs.XOL 044702021BXC 1/1/02 12/31/02 INTERPOLIS NV *AC* TRAVEL XSL 2ND LAYER
27 27 Intl.Liabs.XOL 045398021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* P.A. XSL 1ST LAYER
27 27 Intl.Liabs.XOL 045400021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* P.A. XSL 2ND LAYER
27 27 Intl.Liabs.XOL 045402021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* P.A. XSL - CUMULATION
27 27 Intl.Liabs.XOL 045404021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* G.T.P.L. XSL 1ST LAYER
27 27 Intl.Liabs.XOL 047572021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* 2ND RISK PROTECTION GTPL XSL
27 27 Intl.Liabs.XOL 048207021BXC 1/1/02 12/31/02 GEMA (Grp Entreprises *TO* FIRE LIABILITY 1ST LAYER
27 27 Intl.Liabs.XOL 048212021BXC 1/1/02 12/31/02 GEMA (Grp Entreprises *TO* FIRE LIABILITY 2ND LAYER
27 27 Intl.Liabs.XOL 048215021BXC 1/1/02 12/31/02 GEMA (Grp Entreprises *TO* FIRE LIABILITY 3RD LAYER
27 27 Intl.Liabs.XOL 048217021BXC 1/1/02 12/31/02 GEMA (Grp Entreprises *TO* FIRE LIABILITY 4TH LAYER
27 27 Intl.Liabs.XOL 048218021BXC 1/1/02 12/31/02 GEMA (Grp Entreprises *TO* FIRE LIABILITY 5TH LAYER
27 27 Intl.Liabs.XOL 048219021BXC 1/1/02 12/31/02 GEMA (Grp Entreprises *TO* FIRE LIABILITY 6TH LAYER
27 27 Intl.Liabs.XOL 048438021BXC 1/1/02 12/31/02 HDI aG *AC* G.T.P.L. XSL 3RD LAYER
27 27 Intl.Liabs.XOL 048442021BXC 1/1/02 12/31/02 HDI aG *AC* G.T.P.L. XSL 4TH LAYER
27 27 Intl.Liabs.XOL 050044021BXC 1/1/02 12/31/02 AXA Royale Belge *AC* G.T.P.L. XSL
27 27 Intl.Liabs.XOL 050063021BXC 1/1/02 12/31/02 AXA Colonia Konzern *AC* G.T.P.L. XSL 2ND LAYER
27 27 Intl.Liabs.XOL 050257021BXC 1/1/02 12/31/02 AXA Aurora Iberica *AC* G.T.P.L. XSL 1ST LAYER
27 27 Intl.Liabs.XOL 052451021BXC 1/1/02 12/31/02 AXA Assic SpA *AC* G.T.P.L. XSL 2ND LAYER
27 27 Intl.Liabs.XOL 052452021BXC 1/1/02 12/31/02 AXA Assic SpA *AC* G.T.P.L. XSL 3RD LAYER
27 27 Intl.Liabs.XOL 052453021BXC 1/1/02 12/31/02 AXA Assic SpA *AC* G.T.P.L. XSL 4TH LAYER
27 27 Intl.Liabs.XOL 052828021BXC 1/1/02 12/31/02 Aegon NV *AC* SICKNESS STOPLOSS 1ST LAYER
27 27 Intl.Liabs.XOL 052829021BXC 1/1/02 12/31/02 Aegon NV *AC* SICKNESS STOPLOSS 2ND LAYER
27 27 Intl.Liabs.XOL 052895021BXC 1/1/02 12/31/02 HDI aG *AC* G.T.P.L. XSL 5TH LAYER
27 27 Intl.Liabs.XOL 055519021BXC 1/1/02 12/31/02 Unive Verzekeringen *AC* PERSONAL ACCIDENT XSL
27 27 Intl.Liabs.XOL 055523021BXC 1/1/02 12/31/02 Unive Verzekeringen *AC* G.T.P.L. XSL
27 27 Intl.Liabs.XOL 055638021BXC 1/1/02 12/31/02 AXA Aurora Iberica *AC* G.T.P.L. XSL 2ND LAYER
27 27 Intl.Liabs.XOL 055897021BXC 1/1/02 12/31/02 AXA Colonia Konzern *AC* G.T.P.L. XSL 1ST LAYER
B-2-3
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE B-2 - EXCLUDED CONTRACTS
Reserving GENIUS Policy
Class Class Reference Inception Expiry Cedant Title
27 27 Intl.Liabs.XOL 055899021BXC 1/1/02 12/31/02 AXA Colonia Konzern *AC* G.T.P.L. XSL CLASH COVER
27 27 Intl.Liabs.XOL 056006021BXC 1/1/02 12/31/02 Deutscher Herold *AC* PERSONAL ACCIDENT XSL
27 27 Intl.Liabs.XOL 056007021BXC 1/1/02 12/31/02 Deutscher Herold *AC* P.A. XSL MEHRLEISTUNGS
27 27 Intl.Liabs.XOL 056020021BXC 1/1/02 12/31/02 AXA Colonia Konzern *AC* G.T.P.L. CODED XSL PER RISK
27 27 Intl.Liabs.XOL 056075021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* KOMPAKT POLICIES XSL TTY
27 27 Intl.Liabs.XOL 056076021BXC 1/1/02 12/31/02 BAYERISCHE BEAMTENVER *AC* KOMPAKT POLICIES ONLY ON GTPL
27 27 Intl.Liabs.XOL 823418021NXC 1/1/02 12/31/02 Mann D P Synd 0435 *AC* Faraday Synd 435 GTP layer 2
27 27 Intl.Liabs.XOL 823418021NXC 1/1/02 12/31/02 Mann D P Synd 0435 *AC* Faraday Synd 435 GTP layer 2
27 27 Intl.Liabs.XOL 823439021NXC 1/1/02 12/31/02 Wheeler M H Synd 1007 *AC* Wheeler Synd 1007 Banks 1st XL
27 27 Intl.Liabs.XOL 823441021NXC 1/1/02 12/31/02 Wheeler M H Synd 1007 *AC* Wheeler Synd 1007 Banks 3rd XL
27 27 Intl.Liabs.XOL 823628021NXC 1/1/02 12/31/02 CarringtonGH Synd 1241 *AC* Burnhope Synd 1241 Banks Layer 2
27 27 Intl.Liabs.XOL 823629021NXC 1/1/02 12/31/02 CarringtonGH Synd 1241 *AC* Burnhope Synd 1241 Banks Layer 3
27 27 Intl.Liabs.XOL 823988021NXC 4/1/02 3/31/03 Nat Hse Bldg Council *XO* Nat Hse Bldg Warranty
27 27 Intl.Liabs.XOL 823988021NXC 4/1/02 3/31/03 Nat Hse Bldg Council *XO* Nat Hse Bldg Warranty
27 27 Intl.Liabs.XOL 824011021NXC 7/1/02 6/30/03 Solicitors Indem Mut *XO* SIMIA 1st layer PI
27 27 Intl.Liabs.XOL 824012021NXC 7/1/02 6/30/03 Solicitors Indem Mut *XO* SIMIA 2nd layer PI
27 27 Intl.Liabs.XOL 824013021NXC 7/1/02 6/30/03 Solicitors Indem Mut *XO* SIMIA 3rd layer PI
27 27 Intl.Liabs.XOL 824014021NXC 7/1/02 6/30/03 Solicitors Indem Mut *XO* SIMIA 4th layer PI
27 27 Intl.Liabs.XOL 824015021NXC 7/1/02 6/30/03 Solicitors Indem Mut *XO* SIMIA 5th layer PI
27 27 Intl.Liabs.XOL 824082021NXC 1/1/02 12/31/02 Wallace R J Synd 0683 *AC* R J Wallace EL 1st layer
27 27 Intl.Liabs.XOL 824119021NXC 4/1/02 3/31/03 Zurich Ins Co UK *XO* Zurich Ins Liab 1st layer
27 27 Intl.Liabs.XOL 824120021NXC 4/1/02 3/31/03 Zurich Ins Co UK *XO* Zurich Ins Liab 2nd layer
31 31 US Liab.Binders 195000021ABL 1/1/02 12/31/02 VARIOUS WESTCO FEES
34 34 Intl.Liabs ProR 000401021NRC 1/1/02 12/31/02 Wheeler M H Synd 1010 *AC* Spreckley 1010 Banks 1st Surp
34 34 Intl.Liabs ProR 001526021NRC 1/1/02 12/31/02 ACE U/W Agys Synd 2488 *AC* ACE Banks Surplus Synd 2488
34 34 Intl.Liabs ProR 050300021BRC 1/1/02 12/31/02 Hannover Ruck AG *AC* G.T.P.L. QUOTA SHARE
34 34 Intl.Liabs ProR 053071021BRC 1/1/02 12/31/02 BPB Assic SpA *AC* G.T.P.L. QUOTA SHARE TREATY
34 34 Intl.Liabs ProR 920479021NRC 1/1/02 12/31/02 Markel Synd 3000 *NR* Warrington Banks fac/oblig
36 36 Fin.Line S.T.PR 048153021BRJ 1/1/02 12/31/02 COFACE *AC* COMMERCIAL CREDIT RISKS QS
8 44 US N-Mtr (ExE/C 825079021AXC 9/1/02 8/31/03 Mut Ins Co *XO* Mutual 2nd casualty 3 of 3yr
8 44 US N-Mtr (ExE/C 825080021AXC 9/1/02 8/31/03 Mut Ins Co *XO* Mutual 3rd casualtY 3 of 3yr
B-2-4
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE B-2 - EXCLUDED CONTRACTS
Reserving GENIUS Policy
Class Class Reference Inception Expiry Cedant Title
56 56 N-M Prop Fac 040100021BRF 1/1/02 1/1/03 HICHAL HACITY-SAHAR PF-SAHAR-HICHAL HACITY-SAHAR
56 56 N-M Prop Fac 040419021BRF 1/1/02 1/1/03 B & C PRODUCTS PF-NOWM-B & C PRODUCTS
56 56 N-M Prop Fac 040456021BRF 1/1/02 1/1/03 VIESSMANN PF-GERLING-VIESSMANN
56 56 N-M Prop Fac 040491021BRF 1/1/02 1/1/03 FISIPE PF-S&P-FISIPE PORTUGAL
56 56 N-M Prop Fac 040599021BRF 1/1/02 1/1/03 MAN HAUPTVERTRAG PF-GERLING-MAN
56 56 N-M Prop Fac 040629021BRF 1/1/02 1/1/03 MESSE BERLIN PF-AON DE-MESSE BERLIN
56 56 N-M Prop Fac 040679021BRF 1/1/02 1/1/03 HOSPITALS & COLLEGES PF-COYLE-HOSPITALS & COLLEGES
56 56 N-M Prop Fac 040682021BRF 1/1/02 1/1/03 DIERICHS PF-GERLING-DIERICHS
56 56 N-M Prop Fac 040697021BRF 1/1/02 1/1/03 STOESS DGF PF-GERLING-STOESS DGF
56 56 N-M Prop Fac 040718021BRF 1/1/02 1/1/03 HOSPITALS GVV PF-GOTHAER-HOSPITALS GVV
56 56 N-M Prop Fac 040718021BRF 1/1/02 1/1/03 HOSPITALS GVV PF-GOTHAER-HOSPITALS GVV
PF-NOWM-MAGNETIC PROD/ESKA
56 56 N-M Prop Fac 041560021BRF 1/1/02 1/1/03 MAGNETIC PRODUCTS / ESKA BEH
56 56 N-M Prop Fac 042942021BRF 1/1/02 1/1/03 TNO/TECHNISCH NATUURK PF-AON NL-TNO/TECHNISCH NATUUR
56 56 N-M Prop Fac 043560021BRF 1/1/02 1/1/03 WILMS GRUPPE PF-WURTTEM-WILMS GRUPPE
56 56 N-M Prop Fac 043755021BRF 1/1/02 1/1/03 AGU PF-PWS NL-AGU
56 56 N-M Prop Fac 044613021BRF 1/1/02 1/1/03 AUBI/SIEGENIA FRANK PF-WURTTEM-AUBI/SIEGENIA FRANK
56 56 N-M Prop Fac 044613021BRF 1/1/02 1/1/03 AUBI/SIEGENIA FRANK PF-WURTTEM-AUBI/SIEGENIA FRANK
56 56 N-M Prop Fac 044832021BRF 1/1/02 1/1/03 GIBOR SPORT PF-SAHAR-GIBOR SPORT
56 56 N-M Prop Fac 044832021BRF 1/1/02 1/1/03 GIBOR SPORT PF-SAHAR-GIBOR SPORT
PF-WURTTEM-FLUGHAFEN
56 56 N-M Prop Fac 045229021BRF 1/1/02 1/1/03 FLUGHAFEN NURNBERG NURNBERG
56 56 N-M Prop Fac 046536021BRF 1/1/02 1/1/03 BSR BERLINER STADTREINIGU PF-AON DE-BSR BERLINER STADTRE
56 56 N-M Prop Fac 046554021BRF 1/1/02 1/1/03 BERLIN VARIOUS RISKS PF-AON DE-BERLIN VARIOUS RISKS
56 56 N-M Prop Fac 046700021BRF 1/1/02 1/1/03 FLUGHAFEN TEGEL PF-AON DE-FLUGHAFEN TEGEL
56 56 N-M Prop Fac 046705021BRF 1/1/02 1/1/03 FLUGHAFEN TEMPELHOF PF-AON DE-FLUGHAFEN TEMPELHOF
56 56 N-M Prop Fac 048333021BRF 1/1/02 1/1/03 OKV/VRS MUNICIPAL BLDGS PF-AON DE-OKV VRS MUNICIPAL BL
56 56 N-M Prop Fac 048333021BRF 1/1/02 1/1/03 OKV/VRS MUNICIPAL BLDGS PF-AON DE-OKV VRS MUNICIPAL BL
56 56 N-M Prop Fac 048401021BRF 1/1/02 1/1/03 RAV-BARICH GROUP PF-PWS UK-RAV-BARICH/MUL-T-LOC
56 56 N-M Prop Fac 048401021BRF 1/1/02 1/1/03 RAV-BARICH GROUP PF-PWS UK-RAV-BARICH/MUL-T-LOC
56 56 N-M Prop Fac 048734021BRF 1/1/02 1/1/03 VERGEER KAAS PF-ING-VERGEER KAAS
56 56 N-M Prop Fac 050256021BRF 1/1/02 1/1/03 ARIE BLOK B.V. PF-NOWM-ARIE BLOK BV
B-2-5
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE B-2 - EXCLUDED CONTRACTS
Reserving GENIUS Policy
Class Class Reference Inception Expiry Cedant Title
56 56 N-M Prop Fac 050458021BRF 1/1/02 1/1/03 SHAAREI ZEDEK MEDICAL PF-SAHAR-SHAAREI ZEDEK HOSPITA
56 56 N-M Prop Fac 050458021BRF 1/1/02 1/1/03 SHAAREI ZEDEK MEDICAL PF-SAHAR-SHAAREI ZEDEK HOSPITA
56 56 N-M Prop Fac 050554021BRF 1/1/02 1/1/03 RADIALL PF-CHUBB FR-RADIALL
56 56 N-M Prop Fac 050746021BRF 1/31/02 1/31/03 FLEXCON GLENROTHES PF-SAIL UK-FLEXCON GLENROTHES
56 56 N-M Prop Fac 050746021BRF 1/31/02 1/31/03 FLEXCON GLENROTHES PF-SAIL UK-FLEXCON GLENROTHES
56 56 N-M Prop Fac 051567021BRF 1/1/02 1/1/03 BRUNNER GMBH PF-CHUBB DE-BRUNNER
56 56 N-M Prop Fac 052427021BRF 1/1/02 1/1/03 WESTLAND KAAS GROEP PF-AON NL-WESTLAND KAAS GROEP
56 56 N-M Prop Fac 052879021BRF 1/1/02 1/1/03 GREAT SOUTHERN HOTELS PF-SAIL UK-GREAT SOUTHERN HOTE
56 56 N-M Prop Fac 052951021BRF 1/1/02 1/1/03 THERMALQUELLE LOIPERSDORF PF-GRAZER-THERMALQUELLE
56 56 N-M Prop Fac 052951021BRF 1/1/02 1/1/03 THERMALQUELLE LOIPERSDORF PF-GRAZER-THERMALQUELLE
56 56 N-M Prop Fac 053006021BRF 1/1/02 1/1/03 AN POST / GPO ARCADE PF-COYLE-AN POST/GPO ARCADE
56 56 N-M Prop Fac 053049021BRF 1/1/02 1/1/03 CENTRALCER PF-PWS NL-CENTRALCER
56 56 N-M Prop Fac 053157021BRF 1/1/02 1/1/03 IRISH TIMES TRUST PF-COYLE-IRISH TIMES TRUST
56 56 N-M Prop Fac 053354021BRF 1/1/02 1/1/03 LOVINK-TERBORG BEHEER PF-PWS NL-LOVINK-TERBORG BEHEE
56 56 N-M Prop Fac 053356021BRF 1/1/02 1/1/03 SEZ AG PF-GRAZER-SEZ AG
56 56 N-M Prop Fac 053506021BRF 1/1/02 1/1/03 SEROUSSI/NORADA/IKOS/SERC PF-SAIL-SEROUSSI/NORADA/IKOS
56 56 N-M Prop Fac 053506021BRF 1/1/02 1/1/03 SEROUSSI/NORADA/IKOS/SERC PF-SAIL-SEROUSSI/NORADA/IKOS
56 56 N-M Prop Fac 055265021BRF 1/1/02 1/1/03 EURO STAR HOLLAND PF-AON NL-EURO STAR HOLLAND
56 56 N-M Prop Fac 055265021BRF 1/1/02 1/1/03 EURO STAR HOLLAND PF-AON NL-EURO STAR HOLLAND
56 56 N-M Prop Fac 055613021BRF 1/1/02 1/1/03 SCHILS B.V. PF-PWS NL-SCHILS
56 56 N-M Prop Fac 055615021BRF 1/1/02 1/1/03 DUBLIN REGIONAL TOURIST B PF-COYLE-DUBLIN REGION TOURIST
56 56 N-M Prop Fac 055628021BRF 1/1/02 1/1/03 PEETERS PRODUKTEN BEHEER PF-PWS NL-PEETERS PRODUKTEN
56 56 N-M Prop Fac 055707021BRF 1/1/02 1/1/03 TUSCH DRUCK AG PF-EA GENERALI-TUSCH DRUCK AG
56 56 N-M Prop Fac 055735021BRF 1/1/02 1/1/03 RAI AMSTERDAM BV PF-PWS NL-RAI AMSTERDAM BV
PF-NOWM-VAN DRIMMELEN
56 56 N-M Prop Fac 055780021BRF 1/1/02 1/1/03 VAN DRIMMELEN HOUTGROEP HOUTGROE
56 56 N-M Prop Fac 055880021BRF 1/1/02 1/1/03 BUNNIK DE BOER NIJKERK BV PF-NOWM-BUNNIK DE BOER NIJKERK
56 56 N-M Prop Fac 055881021BRF 3/22/02 1/1/03 FLEXPAK TRANSPARANT VERPA PF-NOWM-FLEXPAK TRANSPARANT
56 56 N-M Prop Fac 055882021BRF 1/1/02 1/1/03 K.M.W.E. MANAGEMENT BV PF-NOWM-KMWE MANAGEMENT BV
56 56 N-M Prop Fac 055883021BRF 1/1/02 1/1/03 K.M.W.E. MANAGEMENT BV PF-NOWM-KMWE MANAGEMENT BV
56 56 N-M Prop Fac 055884021BRF 1/1/02 1/1/03 KRIJGER MEELFABRIEK RENES PF-NOWM-KRIJGER MEELFABRIEK
B-2-6
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE B-2 - EXCLUDED CONTRACTS
Reserving GENIUS Policy
Class Class Reference Inception Expiry Cedant Title
56 56 N-M Prop Fac 055885021BRF 1/1/02 1/1/03 SMEVA PF-NOWM-SMEVA BV
PF-NOWM-STRONKHORST VAN DER
56 56 N-M Prop Fac 055886021BRF 1/1/02 1/1/03 STRONKHORST VAN DER ESCH ES
56 56 N-M Prop Fac 055888021BRF 1/1/02 1/1/03 BODEGRAVEN GEBRR. PF-ING-BODEGRAVEN GEBR.
56 56 N-M Prop Fac 055900021BRF 1/1/02 1/1/03 LEEUWARDER ONDERLINGE BLO PF-GREIG BE-LEEUWARDER BLOCK
56 56 N-M Prop Fac 055915021BRF 1/1/02 1/1/03 ROLDUC et al PF-GUY CARP NL-ROLDUC
56 56 N-M Prop Fac 055938021BRF 1/1/02 1/1/03 EUROPEAN PARLIAMENT PF-AON BE-EUROPEAN PARLIAMENT
56 56 N-M Prop Fac 055993021BRF 1/1/02 1/1/03 TAULI PARC CONSORCI HOSPI PF-INTERBROK-TAULI PARC CONS
56 56 N-M Prop Fac 056009021BRF 1/1/02 1/1/03 ONDER DE BOGEN (CAROLUS B PF-GUY CARP NL-ONDER DE BOGEN
56 56 N-M Prop Fac 056010021BRF 1/1/02 1/1/03 HYATT DEAD SEA HOTEL PF-SAHAR-HYATT DEAD SEA HOTEL
56 56 N-M Prop Fac 056010021BRF 1/1/02 1/1/03 HYATT DEAD SEA HOTEL PF-SAHAR-HYATT DEAD SEA HOTEL
56 56 N-M Prop Fac 056011021BRF 1/1/02 1/1/03 BIOLOGISCHE HEILMITTEL HE PF-GERLING-BIOLOG. HEILMITTEL
56 56 N-M Prop Fac 056011021BRF 1/1/02 1/1/03 BIOLOGISCHE HEILMITTEL HE PF-GERLING-BIOLOG. HEILMITTEL
56 56 N-M Prop Fac 056017021BRF 1/1/02 1/1/03 PHILIPS-UNIV. MARBURG PF-CHUBB DE-PHILIPS-UNI.MARBUR
57 57 N-M Pty X/L Fac 040208021BXF 1/1/02 1/1/03 BASF WW PF-AON DE-BASF
57 57 N-M Pty X/L Fac 040208021BXF 1/1/02 1/1/03 BASF WW PF-AON DE-BASF
57 57 N-M Pty X/L Fac 040217021BXF 1/1/02 1/1/03 BASF WW PF-AON DE-BASF
57 57 N-M Pty X/L Fac 041558021BXF 1/1/02 3/1/03 IMPALA PLATINUM PF-ALEX FO-IMPALA PLATINUM
57 57 N-M Pty X/L Fac 044957021BXF 1/1/02 1/1/03 BOURGEOIS PF-FAC-BOURGEOIS
57 57 N-M Pty X/L Fac 045856021BXF 1/1/02 1/1/03 KRUIDVAT BEHEER PF-AON NL-KRUIDVAT(Groenwoudt)
57 57 N-M Pty X/L Fac 048050021BXF 1/1/02 1/1/03 KIJKGRIJP DEKAMARKT PF-AON NL-KIJKGRIJP DEKAMARKT
57 57 N-M Pty X/L Fac 048244021BXF 1/1/02 1/1/03 VOLKSWAGEN AG PF-CNA-VOLKSWAGEN AG
PF-GUY CARP ST-SWEDISH
57 57 N-M Pty X/L Fac 050274021BXF 1/1/02 1/1/03 SWEDISH CHURCHES CHURCHE
57 57 N-M Pty X/L Fac 050280021BXF 1/1/02 1/1/03 DELHAIZE PF-AON BE-DELHAIZE
57 57 N-M Pty X/L Fac 050281021BXF 2/1/02 1/1/03 SABANCI GROUP PF-MARSH UKF-SABANCI GROUP
57 57 N-M Pty X/L Fac 050285021BXF 1/1/02 1/1/03 BOEHRINGER INGELHEIM PF-FM DE-BOEHRINGER ING
57 57 N-M Pty X/L Fac 050303021BXF 1/1/02 1/1/03 VOLKSWAGEN AG PF-CNA-VOLKSWAGEN AG
57 57 N-M Pty X/L Fac 050304021BXF 1/1/02 1/1/03 VOLKSWAGEN AG PF-CNA-VOLKSWAGEN AG
57 57 N-M Pty X/L Fac 051123021BXF 1/1/02 1/1/03 CHUBB DE VARIOUS RISKS PF-CHUBB DE-CHUBB DE VARIOUS
57 57 N-M Pty X/L Fac 051768021BXF 1/1/02 1/1/03 FRANKFURT FLUGHAFEN PF-FM DE-FRANKFURT FLUGHAFEN
57 57 N-M Pty X/L Fac 051815021BXF 1/1/02 1/1/03 CEHAVE PF-PWS NL-CEHAVE
B-2-7
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE B-2 - EXCLUDED CONTRACTS
Reserving GENIUS Policy
Class Class Reference Inception Expiry Cedant Title
57 57 N-M Pty X/L Fac 052544021BXF 2/1/02 1/1/03 REED INTERNATIONAL PF-COYLE-REED INTERNATIONAL
57 57 N-M Pty X/L Fac 052713021BXF 1/1/02 1/1/03 VOLKSWAGEN AG PF-CNA-VOLKSWAGEN AG
57 57 N-M Pty X/L Fac 052769021BXF 1/1/02 1/1/03 UCO PF-AON BE-UCO
57 57 N-M Pty X/L Fac 052775021BXF 1/1/02 1/1/03 VAW ALUMINIUM AG PF-GUY CARP CH-VAW ALUMINIUM
57 57 N-M Pty X/L Fac 052785021BXF 1/1/02 1/1/03 TNT POST GROEP PF-PWS NL-TNT POST GROUP
PF-GUY CARP ST-SWEDISH
57 57 N-M Pty X/L Fac 052844021BXF 1/1/02 1/1/03 SWEDISH CHURCHES CHURCHE
57 57 N-M Pty X/L Fac 052864021BXF 1/1/02 1/1/03 KORSNS GROUP PF-GUY CARP ST-KORSNAS
57 57 N-M Pty X/L Fac 052899021BXF 1/1/02 1/1/03 BAYERN UNIKLINIKEN/MAXIMI PF-CNA-BAYERN UNIKLINIKEN/MAX
57 57 N-M Pty X/L Fac 052953021BXF 1/1/02 1/1/03 SONAE GROUP PF-MARSH UKF-SONAE
PF-COYLE-AGHADOE HEIGHTS
57 57 N-M Pty X/L Fac 052960021BXF 1/1/02 1/1/03 AGHADOE HEIGHTS HOTEL HOTEL
57 57 N-M Pty X/L Fac 053013021BXF 1/1/02 1/1/03 HENKEL PF-PWS NL-HENKEL GERMANY
57 57 N-M Pty X/L Fac 053023021BXF 1/31/02 12/31/02 IRISH DISTILLERS GROU PF-COYLE-IRISH DISTILLERS/PERN
57 57 N-M Pty X/L Fac 053072021BXF 1/1/02 1/1/03 HOSPITAL COVER PF-CHUBB DE-HOSPITAL COVER
57 57 N-M Pty X/L Fac 053127021BXF 1/1/02 1/1/03 EADS EUROPEAN AERONAUTIC PF-CNA-EADS
57 57 N-M Pty X/L Fac 053154021BXF 1/1/02 1/1/03 PORTUCEL PF-PWS UK-PORTUCEL/SOPORCEL
57 57 N-M Pty X/L Fac 053420021BXF 1/1/02 1/1/03 EADS EUROPEAN AERONAUTIC PF-FM DE-EADS
57 57 N-M Pty X/L Fac 053454021BXF 1/1/02 1/1/03 FISHER ENGINEERING PF-COYLE-FISHER ENGINEERING
57 57 N-M Pty X/L Fac 053553021BXF 1/1/02 1/1/03 BROUWER GROEP PF-PWS NL-BROUWER GROEP
57 57 N-M Pty X/L Fac 054224021BXF 1/1/02 1/1/03 ONTEX EUROPE PF-AON BE-ONTEX EUROPE
57 57 N-M Pty X/L Fac 054637021BXF 1/1/02 1/1/03 FRANTSCHACH AG PF-ALLIANZ AU-FRANTSCHACH ZELL
57 57 N-M Pty X/L Fac 055565021BXF 1/1/02 1/1/03 INEOS B.V. PF-GUY CARP NL-INEOS
57 57 N-M Pty X/L Fac 055575021BXF 1/1/02 1/1/03 VESTA VARIOUS RISKS PF-GUY CARP ST-VESTA VRS RISKS
57 57 N-M Pty X/L Fac 055633021BXF 1/1/02 1/1/03 DUC SA PF-FAC-DUC
57 57 N-M Pty X/L Fac 055647021BXF 1/1/02 1/1/03 WKW WALTER KLEIN WUPPERTA PF-CHUBB DE-WKW WALTER KLEIN
57 57 N-M Pty X/L Fac 055665021BXF 1/1/02 1/1/03 TECH SEMICONDUCTORS PF-ALEX FO-TECH/CSM CHARTERED
57 57 N-M Pty X/L Fac 055666021BXF 1/1/02 1/1/03 TECH SEMICONDUCTORS PF-ALEX FO-TECH/CSM CHARTERED
57 57 N-M Pty X/L Fac 055701021BXF 1/1/02 1/1/03 ORDER OF ST. JOHN OF GOD( PF-COYLE-ORDER OF ST JOHN OF G
57 57 N-M Pty X/L Fac 055706021BXF 1/1/02 1/1/03 ASM LITHOGRAPHY PF-PWS NL-ASM LITHOGRAPHY/ASML
57 57 N-M Pty X/L Fac 055721021BXF 1/1/02 1/1/03 THE WEIR GROUP PF-COYLE-WEIR GROUP(THE)
57 57 N-M Pty X/L Fac 055725021BXF 1/1/02 1/1/03 VEN GROOTHANDELCENTRUM NV PF-PWS NL-VEN GROOTHANDELCEN
B-2-8
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE B-2 - EXCLUDED CONTRACTS
Reserving GENIUS Policy
Class Class Reference Inception Expiry Cedant Title
PF-AON BE-EUROPEAN
57 57 N-M Pty X/L Fac 055726021BXF 1/1/02 1/1/03 EUROPEAN WATERPROOFING (e WATERPROOFI
57 57 N-M Pty X/L Fac 055727021BXF 1/1/02 1/1/03 ANACONDA OPERATIONS PTY PF-HEATH-ANACONDA OPERATIONS
57 57 N-M Pty X/L Fac 055729021BXF 1/1/02 1/1/03 SOCIETE GENERALE/VALMY TO PF-GRAS-SOCIETE GENERALE/VALMY
57 57 N-M Pty X/L Fac 055732021BXF 1/1/02 12/1/02 ELISRA ELECTRONIC SYSTEMS PF-AON UK-ELISRA/TADIRAN ELECT
57 57 N-M Pty X/L Fac 055738021BXF 1/1/02 1/1/03 RAI AMSTERDAM BV PF-PWS NL-RAI AMSTERDAM BV
57 57 N-M Pty X/L Fac 055740021BXF 1/1/02 1/1/03 IRISH LIFE & PERMANENT PL PF-COYLE-IRISH LIFE&PERMANENT
57 57 N-M Pty X/L Fac 055742021BXF 1/1/02 1/1/03 AER RIANTA NF-SAIL UK-AER RIANTA
57 57 N-M Pty X/L Fac 055752021BXF 1/1/02 1/1/03 GUYLIAN CHOCOLATE PF-CHUBB BE-GUYLIAN CHOCOLATE
57 57 N-M Pty X/L Fac 055753021BXF 1/1/02 1/1/03 GUYLIAN CHOCOLATE PF-CHUBB BE-GUYLIAN CHOCOLATE
57 57 N-M Pty X/L Fac 055772021BXF 1/23/02 1/1/03 SANOFI SYNTHELABO PF-GUY CARP FR-SANOFI SYNTHELA
57 57 N-M Pty X/L Fac 055786021BXF 1/1/02 1/1/03 DECEUNINCK PLASTICS INDUS PF-AON BE-DECEUNINCK PLASTICS
57 57 N-M Pty X/L Fac 055821021BXF 1/1/02 1/1/03 CFS/CONVENIENCE FOOD SYST PF-PWS NL-CFS (Ex DIXIE UNION)
57 57 N-M Pty X/L Fac 055824021BXF 1/1/02 1/1/03 BARILLA G&R F LLI SPA PF-MARSH IT-BARILLA
57 57 N-M Pty X/L Fac 055829021BXF 1/1/02 1/1/03 BAT/BRITISH AMERICAN TOBA PF-WILLIS-BAT BRITISH AMERICAN
57 57 N-M Pty X/L Fac 055838021BXF 1/1/02 1/1/03 SANDVIK PF-HSBC-SANDVIK
57 57 N-M Pty X/L Fac 055846021BXF 1/1/02 1/1/03 SANDVIK PF-HSBC-SANDVIK
57 57 N-M Pty X/L Fac 055895021BXF 1/1/02 1/1/03 MEULEMANS PF-AON BE-MEULEMANS
57 57 N-M Pty X/L Fac 055896021BXF 1/1/02 1/1/03 MEULEMANS PF-AON BE-MEULEMANS
57 57 N-M Pty X/L Fac 055917021BXF 1/1/02 1/1/03 FIAT PF-AON IT-FIAT / CNH
57 57 N-M Pty X/L Fac 055944021BXF 1/9/02 12/31/02 KINGSPAN GROUP PLC PF-COYLE-KINGSPAN GROUP
57 57 N-M Pty X/L Fac 055951021BXF 1/1/02 1/1/03 METSALIITTO GROUP PF-GUY CARP ST-METSALIITTO
57 57 N-M Pty X/L Fac 055953021BXF 1/1/02 1/1/03 NEVADA NIMIFI PF-CHUBB BE-NEVADA NIMIFI
57 57 N-M Pty X/L Fac 055958021BXF 1/1/02 1/1/03 SPECTRO ANALYTICAL INSTRU PF-CHUBB DE-SPECTRO
57 57 N-M Pty X/L Fac 055991021BXF 1/1/02 1/1/03 AVI-TWENTE PF-PWS NL-AVI-TWENTE / TWENCE
57 57 N-M Pty X/L Fac 055994021BXF 2/1/02 12/31/02 BASF EUROPE PF-COOPER-BASF EUROPE
57 57 N-M Pty X/L Fac 056003021BXF 1/1/02 1/1/03 FFT FLEXIBLE FERTIGUNGSTE PF-CHUBB DE-FFT FLEXIBLE FERTI
57 57 N-M Pty X/L Fac 056004021BXF 2/1/02 4/1/03 CABLE & WIRELESS PF-GUY CARP UK-CABLE & WIRELES
57 57 N-M Pty X/L Fac 056012021BXF 1/1/02 1/1/03 CAMPINA AG PF-CHUBB DE-CAMPINA
57 57 N-M Pty X/L Fac 056014021BXF 1/1/02 1/1/03 KIEL&LUEBECK UNIKLINIKEN PF-CHUBB DE-KIEL&LUEBECK UNIKL
57 57 N-M Pty X/L Fac 056016021BXF 1/1/02 1/1/03 PORTUCEL PF-PWS UK-PORTUCEL/SOPORCEL
B-2-9
ST. PAUL REINSURANCE COMPANY LIMITED : TRADITIONAL QUOTA SHARE TREATY
SCHEDULE B-2 - EXCLUDED CONTRACTS
Reserving GENIUS Policy
Class Class Reference Inception Expiry Cedant Title
57 57 N-M Pty X/L Fac 056018021BXF 1/1/02 1/1/03 BELGOMILK PF-KBC-BELGOMILK
57 57 N-M Pty X/L Fac 056019021BXF 2/1/02 1/1/03 EUROTUNNEL PF-AON FR-EUROTUNNEL
57 57 N-M Pty X/L Fac 056021021BXF 2/1/02 2/1/03 B INT'L TRADING/OASIS/EBC PF-COYLE-B'INTERNAT./OASIS
57 57 N-M Pty X/L Fac 056023021BXF 1/1/02 1/1/03 W(TM)LTJE CEWE COLOR PF-CHUBB DE-CHUBB VRS/W(TM)LTJE
57 57 N-M Pty X/L Fac 056025021BXF 1/1/02 1/1/03 BLOCK VRS HOLLAND RISKS PF-GUY CARP NL-BLOCK HOLLAND
57 57 N-M Pty X/L Fac 056028021BXF 1/1/02 1/1/03 JCB PF-HSBC-JCB/JC BAMFORD
PF-CHUBB DE-
57 57 N-M Pty X/L Fac 056053021BXF 1/1/02 1/1/03 BEHANDLUNGSZENTRUM VOGTAR BEHANDLUNGSZENTRUM
58 58 Marine Prop Fac 047073021BRK 3/1/02 2/28/03 PAN OCEAN SHIPPING MF-PRENTIS-PAN OCEAN SHIPPING
58 58 Marine Prop Fac 047073021BRK 3/1/02 2/28/03 PAN OCEAN SHIPPING MF-PRENTIS-PAN OCEAN SHIPPING
58 58 Marine Prop Fac 048799021BRK 4/20/02 4/19/03 GOULANDRIS FLEET MF-PWS 99/ -GOULANDRIS FLEET
68 68 GTR C1NY US Cat 001111021GTR 1/1/02 12/31/02 St Paul Re Mgt Corp GTR Class 1 US Cat XOL
69 69 GTR C1NY CrbCat 001112021GTR 1/1/02 12/31/02 St Paul Re Mgt Corp GTR Class 1 Caribbean Cat XOL
70 70 GTR C2NY EurCat 001113021GTR 1/1/02 12/31/02 St Paul Re Mgt Corp GTR Class 2 European Prop Cat
71 71 GTR C3NY Oth Pt 001114021GTR 1/1/02 12/31/02 St Paul Re Mgt Corp GTR Class 3 Other Prop XOL
72 72 GTR C4(NY) Ret 001115021GTR 1/1/02 12/31/02 St Paul Re Mgt Corp GTR Class 4 Retro
73 73 GTR C5NY Mar 001116021GTR 1/1/02 12/31/02 St Paul Re Mgt Corp GTR Class 5 Marine/Aviation
B-2-10
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 June 30, 2002 is equal to $[ ].
C-1
EXHIBIT D
Inuring Retrocessions
PLATINUM RE UK / US / BERMUDA - SCHEDULE OF INURING REINSURANCE : PROPORTIONAL
AS AT 17/10/02
Reference Name of Inception Expiration
No. Contract Date Date Cover Limit Projected Prem. Participants % Placed
- ------------------------------------------------------------------------------------------------------------------------------------
1) Worldwide 1/1/02 12/31/02 International Property USD 40,000,000 USD 9m - USD Nisshin - 50% 55%
Property Risk Excess of Loss & Aggregate 12m [100% Nichido - 5%
Excluding Catastrophe Excess of Cession Limit treaty
Japan Loss Business (protects estimate]
Europe)
2) UK/Eire 1/1/02 12/31/02 U.K. / Eire Cat. Excess GBP 100,000,000 GBP 5m [100% Nisshin - 14% 29%
Cat. XL of Loss Treaty Business Aggregate treaty PX Re - 10%
Q.S. /1st (protects Europe) Cession Limit estimate] TOA Re - 5%
& / 2nd
Surplus
3) UK/Europe 1/1/02 12/31/02 International Property GBP 75,000,000 GBP 3m - GBP Montpelier 100%
Cat. XL Catastrophe Excess of Aggregate 3.5m Re - 100%
Quota Share Loss Business Cession Limit
Treaty (protects Europe)
4) Japan Cat. 1/1/02 12/31/02 Japan / Japanese USD 30,000,000 USD 1.2m PX Re - 100% 100%
XL Surplus Islands Property Cat. Aggregate
Treaty Excess of Loss Business Cession Limit :
(protects New York & quake USD
Europe) 20,000,000
Aggregate
Cession Limit :
windstorm
D-1
5) Casualty 1/1/96 12/31/02 Casualty Clash, Casualty 20% Quota Share $ 4,200,000 Auto-Owners 100%
Clash Contingency, Casualty of USD 7,500,000 Ins. Co.
Quota Cat. and Workers Comp. any one
Share Cat.(NY) occurrence etc.
6) Nisshin NM 7/1/01 6/30/02 Business in the Pacific SGD 2,000,000 $ 500,000 Nisshin F & M 100%
Open Cover Rim Region from our NY,
Singapore & HK offices
7) North 4/1/02 12/1/02 North America Property 50% Quota Share estimated Montpelier Re 100%
America Catastrophe business $12,500,000
Property written by NY & Chicago
Cat. Quota
Share
D-2
PLATINUM RE UK / US / BERMUDA - SCHEDULE OF INURING REINSURANCE :
NON-PROPORTIONAL AS AT 17/10/02
Reference Name of Inception Expiration
No. Contract Date Date Cover Limit Retention
- -------------------------------------------------------------------------------------------
1a) Marine XL (a) 5/1/01 4/30/02 Protects Europe $1,500,000 $ 1,000,000
XL account L 750,000 L 500,000
1b) Marine XL (b) 1/1/02 12/31/02 Protects Europe $5,000,000 $ 5,000,000
XL account L2,500,000 L 2,500,000
1c) Marine XL (c) 1/1/02 12/31/02 Protects Europe $5,000,000 $10,000,000
XL account L2,500,000 L 5,000,000
2a) International 7/11/01 7/10/02 Protects Europe $7,500,000 $ 7,500,000
Property Cat. Risk/Prorata/ L5,000,000 L 5,000,000
XL Cat. XL business
Reference Name of Projected
No. Contract Reinstatement Premium ROL % Placed Participants
- ----------------------------------------------------------------------------------------------------------------
1a) Marine XL (a) 1 @ 100% $ 360,000 26.67% 100% PX Re - 44.20%
L 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%
L 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%
L 37,500 Cornhill - 25%
Odyssey London Branch - 25%
2a) International 1 @ 100% $ 843,750 22.50% 100% PX Re - 40%
Property Cat. L 562,500 GE Frankona Re (Germany) - 20%
XL 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. Risk/Prorata/Cat. L5,000,000 L10,000,000
XL XL business
2c) International 7/11/01 7/10/02 Protects Europe $7,500,000 $22,500,000
Property Cat. Risk/Prorata/Cat. L5,000,000 L15,000,000
XL XL business
3a) Joint Risk 2/13/02 2/12/03 1st layer XS 5M $2,500,000 $ 2,500,000
XOL Cover - aggregate
First Layer
2b) International 1 @ 100% $1,162,500 31.00% 100% PX Re - 15.66%
Property Cat. L 775,000 [18.91% w.e.f. 1/11/02]
XL 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. L 600,000 GE Frankona Re (Germany) - 20%
XL 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 1 @ 100% $ 875,000 35.00% 100% Lloyd's Synd. 566 (STN) - 25%
XOL Cover - Lloyd's Synd. 780 (BFC) - 15%
First Layer 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%
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3b) Joint Risk 2/13/02 2/12/03 Property Risk & $ 5,000,000 $ 5,000,000
XOL Cover - Prorata
Second Layer business
(all offices)
4a) International 3/9/02 2/8/03 International $20,000,000 $50,000,000
Cat. XOL - Risk/Prorata/Cat.
First Layer XL (all offices)
4b) International 3/9/02 2/8/03 International $30,000,000 $70,000,000
Cat. XOL - Risk/Prorata/Cat.
Second Layer XL (all offices)
5) Satellite XL 6/12/02 6/11/03 Protects all $10,000,000 $ 10,000
[Geosynchronous offices. 3
/Geostationary satellite
In-Orbit warranty.
Reinsurance] Covers
naturally
occurring
phenomena in
space.
3b) Joint Risk 1 @ 100% $ 2,000,000 40.00% 100% Lloyd's Synd. 566 (STN) - 10%
XOL Cover - Lloyd's Synd. 780 (BFC) - 15%
Second Layer 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%
4a) International 1 @ 100% $ 4,800,000 24.00% 100% Lloyd's Synd. 566 (STN) - 12.5%
Cat. XOL - Lloyd's Synd. 780 (BFC) - 10%
First Layer 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 1 @ 100% $ 4,500,000 15.00% 100% Lloyd's Synd. 566 (STN) - 5%
Cat. XOL - Lloyd's Synd. 780 (BFC) - 12.5%
Second Layer 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]
D-5
6) Latin America & 7/1/00 6/3/06 All loss $ 25,000,000 $ 15,000,000
Caribbean ILW recoveries on Term Aggregate
XOL Latin America Limit - USD 75M
and Caribbean
business
subject to USD
1 Billion ILW
7) Caribbean ILW 11/1/01 10/31/02 Caribbean $ 15,000,000 $ 100,000
XOL Property
business
subject to an
Industry Loss
of USD1.5
Billion
8) N.A. $10 7/1/01 6/30/02 North American $ 2,500,000 $ 10,000
Billion ILW Property
business
subject to
Industry Loss
of USD 10B
9) N.A. $10 8/1/01 7/31/02 North American $ 2,500,000 $ 1,000,000
Billion ILW Property
business
subject to
Industry Loss
of USD 10B
10) N.A. Property / 1/1/02 12/31/02 North American $ 10,000,000 $ 100,000
WCA Cat $ 30B Property and
ILW Workers
Compensation
business
subject to ILW
of USD 30
Billion
11) N.A. Property 1/5/02 1/5/03 North American $ 5,000,000 $ 50,000
Cat $15B ILW Property
business
subject to ILW
of USD 15
Billion
12a) Marine XOL - 1/1/02 12/31/02 Marine business $ 5,000,000 $ 5,000,000
1st layer [NY] for New York
Office
12b) Marine XOL - 1/1/02 12/31/02 Marine business $ 5,000,000 $ 10,000,000
2nd layer [NY] for New York
Office
6) Latin America & margin - $400,000 N/A 56.50% Fuji F & M - 5%
Caribbean ILW Nisshin F & M - 13.5%
XOL Sumitomo - 10%
Taisei F & M - 8%
Toa Re - 20%
7) Caribbean ILW Nil $ 3,450,000 23.00% 100% Continental Casualty - 100%
XOL
8) N.A. $10 1 @ 100% $ 500,000 20.00% 100% Transatlantic Re - 100%
Billion ILW
9) N.A. $10 1 @ 100% $ 475,000 19.00% 100% IPC Re Limited - 100%
Billion ILW
10) N.A. Property / 1 @ 100% $ 420,000 4.20% 100% Tokio Millenium Re - 100%
WCA Cat $ 30B
ILW
11) N.A. Property 1 @ 100% $ 950,000 19.00% 100% Odyssey Re - 100%
Cat $15B ILW
12a) Marine XOL - 1 @ 100% $ 1,125,052 22.50% 100% Lloyd's Synd. 457 (WTK) - 7.5%
1st 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 - 1 @ 100% $ 624,982 12.50% 100% Lloyd's Synd. 457 (WTK) - 7.5%
2nd layer [NY] Cornhill - 21.5%
Folksamerica Re - 30%
Lloyd's Synd. 2 (WHS) - 20%
Nisshin F & M - 1%
XL Mid Ocean Re - 20%
D-6
13) Single Period 1/1/02 12/31/02 Covers $200,000,000 79.4% Traditional bus.
Accident Year aggregate net 93.5%
Aggregate XOL losses incurred Non-traditional
(Holborn) on an ultimate business
accident year
basis IRO all
business
written by All
offices
including
Discovery Re.
14) Workers' 1/1/02 12/31/02 Covers Workers' $ 50,000,000 $ 75,000,000
Compensation 1/1/03 12/31/05 Compensation $ 50,000,000 $ 75,000,000
Cat. XOL treaty business
(Holborn)
15) Puerto Rico ILW 7/26/02 7/25/03 Property $ 10,000,000 $ 10,000
XOL business
subject to an
Industry Loss
of USD1.5
Billion
13) Single Period $ 4,750,000 100% Underwriters Reinsurance - 53.75%
Accident Year London Life & General - 25%
Aggregate XOL PMA Reins. - 10%
(Holborn) Hannover Re - 9%
E & S Reins. - 2.25%
14) Workers' $10,000,000 100% Swiss Re - 81.25%
Compensation Annual Agg. Of Hannover - 15%
Cat. XOL 50M E & S Reins. - 3.75%
(Holborn)
15) Puerto Rico ILW Nil $ 1,250,000 12.50% 100% ACE Tempest Re - 50%
XOL 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
realised 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
realised 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 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-1
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
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
itemised 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, value added 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