Quota Share Retrocession Agreement Sample Contracts

Watford Holdings Ltd. – Quota Share Retrocession Agreement (January 29th, 2019)

WHEREAS, the Company desires to cede, and Retrocessionaire desires to accept, a quota share participation in certain reinsurance contracts written by the Company subject to the terms and conditions contained in this Agreement;

Watford Holdings Ltd. – Quota Share Retrocession Agreement (January 29th, 2019)

WHEREAS, Arch Underwriters Ltd. ("AUL") is a Bermuda company which provides certain services to the Retrocessionaire including (but not limited to) supervising the underwriting of reinsurance contracts for the Retrocessionaire;

Watford Holdings Ltd. – Addendum No.1 to Are Quota Share Retrocession Agreement (January 29th, 2019)

This Addendum No. 1 is made and entered into as of the 1st day of January, 2017 ("Addendum Effective Date"), and amends the Quota Share Retrocession Agreement ("Agreement"), effective January 1, 2014 , by and between Arch Reinsurance Europe Underwriting Designated Activity Company ("ARE") and Watford Re Ltd.

Watford Holdings Ltd. – Addendum No. 3 to Quota Share Retrocession Agreement (January 29th, 2019)

This Addendum No. 3 is made and entered into as of the 30th day of August, 2018, and amends the Quota Share Retrocession Agreement (the "Agreement"), dated as of January 1, 2014, by and between Watford Re Ltd. as the "Company" and Arch Reinsurance Ltd. as the "Retrocessionaire."

Watford Holdings Ltd. – Addendum No. 1 to Arl Quota Share Retrocession Agreement (January 29th, 2019)

This Addendum No. 1 is made and entered into as of the 1st day of January, 2017 ("Addendum Effective Date"), and amends the Quota Share Retrocession Agreement ("Agreement"), effective January 1, 2014, by and between Arch REinsurance Ltd. ("ARL") and Watford Re Ltd. ("Watford").

Watford Holdings Ltd. – Quota Share Retrocession Agreement (January 29th, 2019)

WHEREAS, Arch Underwriters Ltd. ("AUL") is a Bermuda company which provides certain services to the Retrocessionaire including (but not limited to) supervising the underwriting of reinsurance contracts for the Retrocessionaire;

Watford Holdings Ltd. – Addendum No. 1 to Quota Share Retrocession Agreement (January 29th, 2019)

This Addendum No. 1 is made and entered into as of the 13th day of November, 2014, and amends the Quota Share Retrocession Agreement ("Agreement"), effective January 1, 2014, by and between Watford Re Ltd. as the "Company" and Arch Reinsurance Ltd. as the "Retrocessionaire."

Watford Holdings Ltd. – Addendum No. 3 to Property Catastrophe Quota Share Retrocession Agreement (January 29th, 2019)

This addendum No. 3 is made and entered into as of the 1st day of January, 2017 ("Addendum Effective Date") and amends the Property Catastrophe Quota Share Retrocession Agreement ("Agreement"), effective April 1, 2014, by and between Arch Reinsurance Ltd. And Watford Re Ltd. ("Watford"), as amended.

Watford Holdings Ltd. – Property Catastrophe Quota Share Retrocession Agreement (January 29th, 2019)

This Agreement is to indemnify and hold the Company harmless in respect of the Ceded Percentage of the Company's gross liability that may accrue to the Company in respect of its participations in Underlying Contracts written by the Company incepting on or after the Effective Date and prior to the Termination Date.

Watford Holdings Ltd. – Quota Share Retrocession Agreement (January 29th, 2019)

This Agreement is to indemnify and hold the Company harmless in respect of the Ceded Percentage of the Company's gross liability that may accrue to the Company in respect of its participations in Ceded Contracts written by the Company incepting on or after the Effective Date and prior to the Termination Date.

Watford Holdings Ltd. – Addendum No. 2 to Quota Share Retrocession Agreement (January 29th, 2019)

This Addendum No. 2 is made and entered into as of the 21st day of January, 2019, and amends the Quota Share Retrocession Agreement, effective January 1, 2014, by and between Watford Re Ltd. as the "Company" and Arch Reinsurance Ltd. as the "Retrocessionaire" as amended by Addendum No. 1, dated as of November 13, 2014.

Watford Holdings Ltd. – Addendum No. 1 to Arl Quota Share Retrocession Agreement (December 6th, 2018)

This Addendum No. 1 is made and entered into as of the 1st day of January, 2017 ("Addendum Effective Date"), and amends the Quota Share Retrocession Agreement ("Agreement"), effective January 1, 2014, by and between Arch REinsurance Ltd. ("ARL") and Watford Re Ltd. ("Watford").

Watford Holdings Ltd. – Quota Share Retrocession Agreement (December 6th, 2018)

WHEREAS, Arch Underwriters Ltd. ("AUL") is a Bermuda company which provides certain services to the Retrocessionaire including (but not limited to) supervising the underwriting of reinsurance contracts for the Retrocessionaire;

Watford Holdings Ltd. – Addendum No.1 to Are Quota Share Retrocession Agreement (December 6th, 2018)

This Addendum No. 1 is made and entered into as of the 1st day of January, 2017 ("Addendum Effective Date"), and amends the Quota Share Retrocession Agreement ("Agreement"), effective January 1, 2014 , by and between Arch Reinsurance Europe Underwriting Designated Activity Company ("ARE") and Watford Re Ltd.

Watford Holdings Ltd. – Quota Share Retrocession Agreement (December 6th, 2018)

WHEREAS, Arch Underwriters Ltd. ("AUL") is a Bermuda company which provides certain services to the Retrocessionaire including (but not limited to) supervising the underwriting of reinsurance contracts for the Retrocessionaire;

Watford Holdings Ltd. – Property Catastrophe Quota Share Retrocession Agreement (December 6th, 2018)

This Agreement is to indemnify and hold the Company harmless in respect of the Ceded Percentage of the Company's gross liability that may accrue to the Company in respect of its participations in Underlying Contracts written by the Company incepting on or after the Effective Date and prior to the Termination Date.

Watford Holdings Ltd. – Quota Share Retrocession Agreement (December 6th, 2018)

WHEREAS, the Company desires to cede, and Retrocessionaire desires to accept, a quota share participation in certain reinsurance contracts written by the Company subject to the terms and conditions contained in this Agreement;

Watford Holdings Ltd. – Addendum No. 3 to Property Catastrophe Quota Share Retrocession Agreement (December 6th, 2018)

This addendum No. 3 is made and entered into as of the 1st day of January, 2017 ("Addendum Effective Date") and amends the Property Catastrophe Quota Share Retrocession Agreement ("Agreement"), effective April 1, 2014, by and between Arch Reinsurance Ltd. And Watford Re Ltd. ("Watford"), as amended.

Watford Holdings Ltd. – Quota Share Retrocession Agreement (December 6th, 2018)

This Agreement is to indemnify and hold the Company harmless in respect of the Ceded Percentage of the Company's gross liability that may accrue to the Company in respect of its participations in Ceded Contracts written by the Company incepting on or after the Effective Date and prior to the Termination Date.

Insurance Income Strategies Ltd. – Quota Share Retrocession Agreement (February 2nd, 2018)

This QUOTA SHARE RETROCESSION AGREEMENT (this "Reinsurance Agreement"), dated as of January 10, 2018 (the "Closing Date"), and to become effective as of the Effective Date (defined below), is made and entered into by and between Iris Reinsurance Ltd. ("Iris Re"), a Bermuda exempted company licensed as Class 3 insurer under the Insurance Act 1978 of Bermuda, as amended, and registered as a segregated accounts company under the Bermuda Segregated Accounts Companies Act 2000, as amended (the "SAC Act"), acting in respect of its segregated account designated as "KWQS" (the "Company"), and Artex SAC Limited ("Artex SAC"), a Bermuda exempted company licensed as a Class 3 and Class C Long-Term insurer and registered under the SAC Act, acting in respect of its segregated account designated as IIS CCG Segregated Account (the "Reinsurer").

Insurance Income Strategies Ltd. – Quota Share Retrocession Agreement (October 27th, 2017)

This QUOTA SHARE RETROCESSION AGREEMENT (this "Reinsurance Agreement"), dated as of October 26, 2017 (the "Closing Date"), and to become effective as of the Effective Date (defined below), is made and entered into by and between Iris Reinsurance Ltd. ("Iris Re"), a Bermuda exempted company licensed as Class 3 insurer under the Insurance Act 1978 of Bermuda, as amended, and registered as a segregated accounts company under the Bermuda Segregated Accounts Companies Act 2000, as amended (the "SAC Act"), acting in respect of its segregated account designated as "KWQS" (the "Company"), and IIS Re Ltd. (the "Reinsurer"), a Bermuda exempted company incorporated under the laws of Bermuda, and to be licensed as a special purpose insurance company by the Bermuda Monetary Authority (the "BMA").

Watford Holdings Ltd. – Property Catastrophe Quota Share Retrocession Agreement (August 14th, 2017)

This Agreement is to indemnify and hold the Company harmless in respect of the Ceded Percentage of the Company's gross liability that may accrue to the Company in respect of its participations in Underlying Contracts written by the Company incepting on or after the Effective Date and prior to the Termination Date.

Watford Holdings Ltd. – Quota Share Retrocession Agreement (August 14th, 2017)

WHEREAS, the Company desires to cede, and Retrocessionaire desires to accept, a quota share participation in certain reinsurance contracts written by the Company subject to the terms and conditions contained in this Agreement;

Watford Holdings Ltd. – Quota Share Retrocession Agreement (August 14th, 2017)

WHEREAS, Arch Underwriters Ltd. ("AUL") is a Bermuda company which provides certain services to the Retrocessionaire including (but not limited to) supervising the underwriting of reinsurance contracts for the Retrocessionaire;

Watford Holdings Ltd. – Quota Share Retrocession Agreement (August 14th, 2017)

WHEREAS, Arch Underwriters Ltd. ("AUL") is a Bermuda company which provides certain services to the Retrocessionaire including (but not limited to) supervising the underwriting of reinsurance contracts for the Retrocessionaire;

Watford Holdings Ltd. – Quota Share Retrocession Agreement (August 14th, 2017)

This Agreement is to indemnify and hold the Company harmless in respect of the Ceded Percentage of the Company's gross liability that may accrue to the Company in respect of its participations in Ceded Contracts written by the Company incepting on or after the Effective Date and prior to the Termination Date.

Till Capital Ltd. – Quota Share Retrocession Agreement Quota Share Retrocession Agreement (May 4th, 2015)

RECITALS 1 ARTICLE 1 BUSINESS COVERED 2 ARTICLE 2 COMMENCEMENT AND TERMINATION 2 ARTICLE 3 COVER 4 ARTICLE 4 TERRITORY 4 ARTICLE 5 EXCLUSIONS 4 ARTICLE 6 DEFINITIONS 5 ARTICLE 7 PREMIUM 5 ARTICLE 8 MSRE RETROCESSION COMMISSION AND UNDERWRITING INCENTIVE 5 ARTICLE 9 ACCOUNTS, REPORTS, AND REMITTANCES 5 ARTICLE 10 LOSS SETTLEMENTS 6 ARTICLE 11 PROFIT COMMISSION SETTLEMENTS 7 ARTICLE 12 OFFSET 8 ARTICLE 13 NET RETAINED LIABILITY 8 ARTICLE 14 COLLATERAL 8 ARTICLE 15 FOLLOW THE SETTLEMENTS 9 ARTICLE 16 ACCESS TO RECORDS 9 ARTICLE 17 ARBITRATION 11

Till Capital Ltd. – Quota Share Retrocession Agreement Quota Share Retrocession Agreement (March 13th, 2015)

RECITALS 1 ARTICLE 1 BUSINESS COVERED 2 ARTICLE 2 COMMENCEMENT AND TERMINATION 2 ARTICLE 3 COVER 4 ARTICLE 4 TERRITORY 4 ARTICLE 5 EXCLUSIONS 4 ARTICLE 6 DEFINITIONS 5 ARTICLE 7 PREMIUM 5 ARTICLE 8 MSRE RETROCESSION COMMISSION AND UNDERWRITING INCENTIVE 5 ARTICLE 9 ACCOUNTS, REPORTS, AND REMITTANCES 5 ARTICLE 10 LOSS SETTLEMENTS 6 ARTICLE 11 PROFIT COMMISSION SETTLEMENTS 7 ARTICLE 12 OFFSET 8 ARTICLE 13 NET RETAINED LIABILITY 8 ARTICLE 14 COLLATERAL 8 ARTICLE 15 FOLLOW THE SETTLEMENTS 9 ARTICLE 16 ACCESS TO RECORDS 9 ARTICLE 17 ARBITRATION 11

Till Capital Ltd. – Quota Share Retrocession Agreement Quota Share Retrocession Agreement (January 9th, 2015)

RECITALS 1 ARTICLE 1 BUSINESS COVERED 2 ARTICLE 2 COMMENCEMENT AND TERMINATION 2 ARTICLE 3 COVER 4 ARTICLE 4 TERRITORY 4 ARTICLE 5 EXCLUSIONS 4 ARTICLE 6 DEFINITIONS 5 ARTICLE 7 PREMIUM 5 ARTICLE 8 MSRE RETROCESSION COMMISSION AND UNDERWRITING INCENTIVE 5 ARTICLE 9 ACCOUNTS, REPORTS, AND REMITTANCES 5 ARTICLE 10 LOSS SETTLEMENTS 6 ARTICLE 11 PROFIT COMMISSION SETTLEMENTS 7 ARTICLE 12 OFFSET 8 ARTICLE 13 NET RETAINED LIABILITY 8 ARTICLE 14 COLLATERAL 8 ARTICLE 15 FOLLOW THE SETTLEMENTS 9 ARTICLE 16 ACCESS TO RECORDS 9 ARTICLE 17 ARBITRATION 11

Till Capital Ltd. – Quota Share Retrocession Agreement Quota Share Retrocession Agreement (November 19th, 2014)

RECITALS 1 ARTICLE 1 BUSINESS COVERED 2 ARTICLE 2 COMMENCEMENT AND TERMINATION 2 ARTICLE 3 COVER 4 ARTICLE 4 TERRITORY 4 ARTICLE 5 EXCLUSIONS 4 ARTICLE 6 DEFINITIONS 5 ARTICLE 7 PREMIUM 5 ARTICLE 8 MSRE RETROCESSION COMMISSION AND UNDERWRITING INCENTIVE 5 ARTICLE 9 ACCOUNTS, REPORTS, AND REMITTANCES 5 ARTICLE 10 LOSS SETTLEMENTS 6 ARTICLE 11 PROFIT COMMISSION SETTLEMENTS 7 ARTICLE 12 OFFSET 8 ARTICLE 13 NET RETAINED LIABILITY 8 ARTICLE 14 COLLATERAL 8 ARTICLE 15 FOLLOW THE SETTLEMENTS 9 ARTICLE 16 ACCESS TO RECORDS 9 ARTICLE 17 ARBITRATION 11

Endorsement to Quota Share Retrocession Agreement (February 7th, 2011)

This endorsement dated 1 February 2011 is to be read in conjunction with the Quota Share Retrocession Agreement entered into between AXA Re (now Colisee Re) and PARIS RE dated December 21 2006 and effective as of January 1 2006 (the "Agreement").

Liberty Mutual Agency Corp – PROPERTY & CASUALTY QUOTA SHARE RETROCESSION AGREEMENT (The Agreement) Entered Into by and Between Peerless Insurance Company (The Retrocedent) and Liberty Mutual Insurance Company (The Retrocessionare) Recitals (July 23rd, 2010)

NOW, THEREFORE, in consideration of the mutual covenants and promises set forth herein, the parties hereby agree as follows:

Canadian Quota Share Retrocession Agreement (March 1st, 2010)

THIS CANADIAN QUOTA SHARE RETROCESSION AGREEMENT (this Agreement), dated December 21, 2006 and effective as of January 1, 2006, is made by and between AXA RE (the Retrocedant), a reinsurance company organized under the laws of France (and licensed to carry on business in Canada pursuant to Part XIII of the Insurance Companies Act (the ICA)), and PARIS RE (the Retrocessionaire), a reinsurance company organized under the laws of France and licensed to carry on business in Canada pursuant to Part XIII of the ICA.

Quota Share Retrocession Agreement (March 1st, 2010)

THIS QUOTA SHARE RETROCESSION AGREEMENT (this Agreement), dated December 21, 2006 and effective as of January 1, 2006, is made by and between AXA RE (the Retrocedant), a reinsurance company organized under the laws of France (including its Hong Kong, Madeira and United Kingdom branches), and PARIS RE (the Retrocessionaire), a reinsurance company organized under the laws of France.

Platinum Underwriters Hldg – TERMINATION ADDENDUM CASUALTY AND SPECIALTY QUOTA SHARE RETROCESSION AGREEMENT BY AND BETWEEN PLATINUM UNDERWRITERS BERMUDA, LTD. And PLATINUM UNDERWRITERS REINSURANCE, INC. (April 30th, 2008)

IT IS HEREBY MUTUALLY AGREED that effective December 31, 2007, the Casualty and Specialty Quota Share Retrocession Agreement dated as of January 1, 2007, by and between Platinum Underwriters Reinsurance, Inc., a Maryland domiciled insurance company (the "Retrocedent"), and Platinum Underwriters Bermuda, Ltd. (the "Retrocessionaire"), is terminated pursuant to this Termination Addendum ( the "Addendum").