COMMUTATION AGREEMENTCommutation Agreement • March 1st, 2005 • Pxre Group LTD • Title insurance • New York
This Agreement is made effective as of January 1, 2005 (the “Commutation Date”) by and between PXRE Reinsurance Ltd. (“Reinsured”) and Select Reinsurance Ltd. (hereinafter referred to as the “Reinsurer”) and such entities collectively hereinafter, (the “parties”).
QUOTA SHARE ENDORSEMENT TO FACULTATIVE OBLIGATORY QUOTA SHARE RETROCESSIONAL AGREEMENT (hereinafter referred to as the “Reinsurance Agreement”) between PXRE REINSURANCE COMPANY (hereinafter referred to as the “Company”) and PXRE REINSURANCE LTD....Retrocessional Agreement • March 1st, 2005 • Pxre Group LTD • Title insurance
Effective as of July 1, 2004, subject to the approval of the Insurance Department of the State of Connecticut, it is understood and agreed that with respect to risks assumed on all Contracts written by the Company on or after July 1, 2004 that cessions to the Reinsurance Agreement shall no longer be subject to per reinsurance program sub-limits.
