STATEMENT OF AGREEMENTCredit Agreement • March 29th, 2001 • Pxre Group LTD • Title insurance • New York
THORNALL ASSOCIATES C/O ALFIERI PROPERTY MANAGEMENT 399 THORNALL STREET P.O. BOX 2911 EDISON, NEW JERSEY 08818-2911 PHONE (732) 548-2200 FAX (732)548-5755 March 15, 2000Agreement • March 29th, 2001 • Pxre Group LTD • Title insurance • New Jersey
WITNESSETHQuota Share Reinsurance Agreement • March 29th, 2001 • Pxre Group LTD • Title insurance • New York
FIRST AMENDMENT TO FACULTATIVE OBLIGATORY QUOTA SHARE RETROCESSIONAL AGREEMENT This FIRST AMENDMENT TO FACULTATIVE OBLIGATORY QUOTA SHARE RETROCESSIONAL AGREEMENT, dated as of December 1, 2000 and effective as of October 1, 1999 (this "First...Retrocessional Agreement • March 29th, 2001 • Pxre Group LTD • Title insurance • New York
ADDENDUM N0. 4Pxre Group LTD • March 29th, 2001 • Title insurance
TO FACULTATIVE OBLIGATORY RETROCESSIONAL AGREEMENT (hereinafter referred to as "Agreement")Facultative Obligatory Retrocessional Agreement • March 29th, 2001 • Pxre Group LTD • Title insurance
Under terms of the Agreement, the Reinsurer agrees to assume severally and not jointly with other participants a 16.5% share (being $3,300,000 per program) of the liability described in the attached Agreement, and as consideration of the above, the Reinsurer shall receive 16.5% of the premium named therein for cession made on or after 12:01 a.m., January 1, 2001, local time, for business incepting or renewing after that date.
and PENNSYLVANIA LUMBERMENS MUTUAL INS. CO. (hereinafter referred to as the "Reinsurer") It is understood and agreed that, effective January 1, 1996, ARTICLE II-(REINSURANCE CLAUSE) is amended as follows: Cessions to this agreement will never exceed...Quota Share Retrocession Treaty • March 29th, 2001 • Pxre Group LTD • Title insurance
