Common use of REINSURERS Clause in Contracts

REINSURERS. PARTICIPATIONS ---------- -------------- American Re-Insurance Company, A Delaware Corporation 3.000% AXIS Specialty Limited 1.700 Hannover Re (Bermuda), Ltd. 8.000 Montpelier Reinsurance Limited 3.750 Partner Reinsurance Company 9.000 Platinum Underwriters Reinsurance, Inc. 3.750 PXRE Reinsurance Limited 2.150 Rosemont Reinsurance Limited 2.150 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.000 Transatlantic Reinsurance Company 4.750 XL Re Ltd 4.750 THROUGH XXXXXXXX LIMITED (PLACEMENT ONLY) Munchener Ruckversicherungs-Gesellschaft 4.500 THROUGH XXXXXXXX LIMITED Ascot Insurance Services Limited (for and on behalf of Ascot Underwriting Syndicate 1414) 6.750 AXA RE 9.500 Lloyd's Underwriters Per Signing Schedule 26.250 TOTAL 100.000% Sixth Excess Catastrophe Reinsurance REINSURERS PARTICIPATIONS ---------- -------------- American Re-Insurance Company, A Delaware Corporation 2.000% AXIS Specialty Limited 1.250 General Reinsurance Corporation 2.700 Hannover Re (Bermuda), Ltd. 15.000 Montpelier Reinsurance Limited 4.000 Partner Reinsurance Company 9.500 PXRE Reinsurance Limited 1.500 Rosemont Reinsurance Limited 1.500 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.000 Transatlantic Reinsurance Company 13.500 XL Re Ltd 2.250 THROUGH XXXXXXXX LIMITED (PLACEMENT ONLY) Munchener Ruckversicherungs-Gesellschaft 4.500 THROUGH XXXXXXXX LIMITED Ascot Insurance Services Limited (for and on behalf of Ascot Underwriting Syndicate 1414) 6.750 AXA RE 6.500 Lloyd's Underwriters Per Signing Schedule 19.050 TOTAL 100.000% (LOGO) TABLE OF CONTENTS (LOGO) FLORIDA ONLY EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE: JUNE 1, 2005 issued to Liberty American Insurance Company Pinellas Park, Florida Mobile USA Insurance Company Pinellas Park, Florida and any and all other companies which are now or may hereafter become member companies of Liberty American Insurance Group, Inc. (hereinafter referred to collectively as the "Company") by The Subscribing Reinsurer(s) Executing the Interests and Liabilities Agreement(s) Attached Hereto (hereinafter referred to as the "Reinsurer")

REINSURERS. PARTICIPATIONS ---------- ----------------------------------------------------- -------------- American Re-Insurance Company, A Delaware Corporation 3.0006.375% AXIS Specialty Limited 1.700 1.575 Everest Reinsurance Company 4.250 Hannover Re (Bermuda), Ltd. 8.000 Montpelier Reinsurance Limited 3.750 3.000 Partner Reinsurance Company 9.000 Platinum Underwriters Reinsurance, Inc. 3.750 5.100 PXRE Reinsurance Limited 2.150 1.000 Quanta Reinsurance Ltd. 7.500 Rosemont Reinsurance Limited 2.150 4.500 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.000 Swiss Reinsurance America Corporation 5.000 Transatlantic Reinsurance Company 4.750 21.250 XL Re Ltd 4.750 5.000 THROUGH XXXXXXXX LIMITED (PLACEMENT ONLY) Munchener Ruckversicherungs-Gesellschaft 4.500 5.950 Sirius International Insurance Corporation 2.000 THROUGH XXXXXXXX LIMITED Ascot Insurance Services Limited (for and on behalf of Ascot Underwriting Syndicate 1414) 6.750 AXA RE 9.500 15.000 Lloyd's Underwriters Per Signing Schedule 26.250 TOTAL 100.000% Sixth Excess Catastrophe Reinsurance REINSURERS PARTICIPATIONS ---------- -------------- American Re-Insurance Company, A Delaware Corporation 2.000% AXIS Specialty Limited 1.250 General Reinsurance Corporation 2.700 Hannover Re (Bermuda), Ltd. 15.000 Montpelier Reinsurance Limited 4.000 Partner Reinsurance Company 9.500 PXRE Reinsurance Limited 1.500 Rosemont Reinsurance Limited 1.500 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.000 Transatlantic Reinsurance Company 13.500 XL Re Ltd 2.250 THROUGH XXXXXXXX LIMITED (PLACEMENT ONLY) Munchener Ruckversicherungs-Gesellschaft 4.500 THROUGH XXXXXXXX LIMITED Ascot Insurance Services Limited (for and on behalf of Ascot Underwriting Syndicate 1414) 6.750 AXA RE 6.500 Lloyd's Underwriters Per Signing Schedule 19.050 2.500 TOTAL 100.000% (LOGO) TABLE OF CONTENTS ARTICLE PAGE ------- ---- I Classes of Business Reinsured 1 II Commencement and Termination 1 III Territory (BRMA 51A) 2 IV Exclusions 2 V Retention and Limit 5 VI Reinstatement 5 VII Definitions 6 VIII Other Reinsurance 7 IX Loss Occurrence 7 X Loss Notices and Settlements 9 XI Salvage and Subrogation 9 XII Florida Hurricane Catastrophe Fund 9 XIII Reinsurance Premium 10 XIV Late Payments 11 XV Offset (BRMA 36D) 12 XVI Access to Records (BRMA 1D) 12 XVII Liability of the Reinsurer 12 XVIII Net Retained Lines (BRMA 32E) 12 XIX Errors and Omissions (BRMA 14F) 13 XX Currency (BRMA 12A) 13 XXI Taxes (BRMA 50C) 13 XXII Federal Excise Tax 13 XXIII Reserves 14 XXIV Insolvency 15 XXV Arbitration 16 XXVI Service of Suit 17 XXVII Agency Agreement 17 XXVIII Governing Law 18 XXIX Confidentiality 18 XXX Severability 18 XXXI Intermediary (BRMA 23A) 18 Schedule A (LOGO) FLORIDA ONLY EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE: JUNE 1, 2005 issued to Liberty American Philadelphia Insurance Company Pinellas ParkBala Cynwyd, Florida Mobile USA Pennsylvania Philadelphia Indemnity Insurance Company Pinellas ParkBala Cynwyd, Florida Pennsylvania and any and all other companies which are now or may hereafter become member companies of Liberty American Philadelphia Insurance Group, Inc. Companies (hereinafter referred to collectively as the "Company") by The Subscribing Reinsurer(s) Executing the Interests and Liabilities Agreement(s) Attached Hereto (hereinafter referred to as the "Reinsurer")

REINSURERS. PARTICIPATIONS ---------- --------------------------------------------- -------------- American Re-Insurance Company, A Delaware Corporation 3.000% AXIS Specialty Limited 1.700 Hannover Re (Bermuda), Ltd. 8.000 Montpelier 3.000% Everest Reinsurance Limited 3.750 Company 15.000 Partner Reinsurance Company 9.000 Platinum Underwriters Reinsurance, Inc. 3.750 3.000 PXRE Reinsurance Limited 2.150 2.000 Quanta Reinsurance Ltd. 6.750 Rosemont Reinsurance Limited 2.150 6.250 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.000 Swiss Reinsurance America Corporation 10.000 Transatlantic Reinsurance Company 4.750 XL Re Ltd 4.750 12.500 THROUGH XXXXXXXX LIMITED (PLACEMENT ONLY) Munchener Ruckversicherungs-Gesellschaft 4.500 15.000 Sirius International Insurance Corporation 1.500 THROUGH XXXXXXXX LIMITED Ascot Insurance Services Limited (for and on behalf of Ascot Underwriting Syndicate 1414) 6.750 AXA RE 9.500 Lloyd's Underwriters Per Signing Schedule 26.250 15.000 TOTAL 100.000% Sixth (LOGO) Third Excess Catastrophe Reinsurance REINSURERS PARTICIPATIONS ---------- ----------------------------------------------------- -------------- American Re-Insurance Company, A Delaware Corporation 2.0007.500% AXIS Specialty Limited 1.250 General 2.500 Everest Reinsurance Corporation 2.700 Company 7.500 Hannover Re (Bermuda), Ltd. 15.000 Montpelier Reinsurance Limited 4.000 3.500 Partner Reinsurance Company 9.500 3.000 PXRE Reinsurance Limited 1.500 1.000 Quanta Reinsurance Ltd. 6.000 Rosemont Reinsurance Limited 1.500 7.500 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.000 Swiss Reinsurance America Corporation 10.000 Transatlantic Reinsurance Company 13.500 5.000 XL Re Ltd 2.250 5.000 THROUGH XXXXXXXX LIMITED (PLACEMENT ONLY) Munchener Ruckversicherungs-Gesellschaft 4.500 15.000 Sirius International Insurance Corporation 1.500 THROUGH XXXXXXXX LIMITED Ascot Insurance Services Limited (for and on behalf of Ascot Underwriting Syndicate 1414) 6.750 AXA RE 6.500 Lloyd's Underwriters Per Signing Schedule 19.050 15.000 TOTAL 100.000% (LOGO) TABLE OF CONTENTS (LOGO) FLORIDA ONLY EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE: JUNE 1, 2005 issued to Liberty American Insurance Company Pinellas Park, Florida Mobile USA Insurance Company Pinellas Park, Florida and any and all other companies which are now or may hereafter become member companies of Liberty American Insurance Group, Inc. (hereinafter referred to collectively as the "Company") by The Subscribing Reinsurer(s) Executing the Interests and Liabilities Agreement(s) Attached Hereto (hereinafter referred to as the "Reinsurer")Fourth Excess Catastrophe Reinsurance

REINSURERS. PARTICIPATIONS ---------- -------------- ACE Tempest Reinsurance Ltd. 2.50% Everest Reinsurance Company 25.00 Flagstone Reinsurance Limited 5.50 General Reinsurance Corporation 20.00 Hannover Re (Bermuda), Ltd. 2.50 Partner Reinsurance Company 5.00 Transatlantic Reinsurance Company 15.00 THROUGH BENFIELD LIMITED (PXXXXXXXX ONLY) AXA RE 8.50 TOTAL 84.00% part of 100% share in the interests and liabilities of the "Reinsurer" Third Excess Catastrophe Reinsurance REINSURERS PARTICIPATIONS ---------- -------------- ACE Tempest Reinsurance Ltd. 2.50% American Re-Insurance Company, A Delaware Corporation 3.000% 6.00 AXIS Specialty Limited 1.700 3.00 Flagstone Reinsurance Limited 5.50 General Reinsurance Corporation 10.00 Hannover Re (Bermuda), Ltd. 8.000 Montpelier Reinsurance Limited 3.750 2.50 Partner Reinsurance Company 9.000 Platinum Underwriters Reinsurance, Inc. 3.750 PXRE Reinsurance Limited 2.150 Rosemont Reinsurance Limited 2.150 9.50 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.000 9.00 Transatlantic Reinsurance Company 4.750 21.25 XL Re Ltd 4.750 4.75 THROUGH XXXXXXXX BENFIELD LIMITED (PLACEMENT ONLYPLACXXXXX XXLY) AXA RE 9.50 Munchener Ruckversicherungs-Gesellschaft 4.500 14.00 THROUGH XXXXXXXX BENFIELD LIMITED Ascot Insurance Services Limited (for and on behalf of Ascot Underwriting Syndicate 1414) 6.750 AXA RE 9.500 Lloyd's Underwriters Lloyd'x Xxxxxwriters Per Signing Schedule 26.250 2.50 TOTAL 100.000100.00% Sixth Excess Catastrophe Reinsurance REINSURERS PARTICIPATIONS ---------- -------------- American Re-Insurance Company, A Delaware Corporation 2.000% AXIS Specialty Limited 1.250 General Reinsurance Corporation 2.700 Hannover Re (Bermuda), Ltd. 15.000 Montpelier Reinsurance Limited 4.000 Partner Reinsurance Company 9.500 PXRE Reinsurance Limited 1.500 Rosemont Reinsurance Limited 1.500 Swiss Re Underwriters Agency, Inc. (for Swiss Reinsurance America Corporation) 10.000 Transatlantic Reinsurance Company 13.500 XL Re Ltd 2.250 THROUGH XXXXXXXX LIMITED (PLACEMENT ONLY) Munchener Ruckversicherungs-Gesellschaft 4.500 THROUGH XXXXXXXX LIMITED Ascot Insurance Services Limited (for and on behalf of Ascot Underwriting Syndicate 1414) 6.750 AXA RE 6.500 Lloyd's Underwriters Per Signing Schedule 19.050 TOTAL 100.000% (LOGO) TABLE OF CONTENTS (LOGO) FLORIDA ONLY EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE: JUNE 1, 2005 2006 issued to Liberty American Philadelphia Insurance Company Pinellas ParkBala Cynwyd, Florida Mobile USA Pennsylvania Philadelphia Indemnity Insurance Company Pinellas ParkBala Cynwyd, Florida Pennsylvania and any and all other companies which are now or may hereafter become member companies of Liberty American Philadelphia Insurance Group, Inc. Companies (hereinafter referred to collectively as the "Company") by The Subscribing Reinsurer(s) Executing the Interests and Liabilities Agreement(s) Attached Hereto (hereinafter referred to as the "Reinsurer")