Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. NMA 2915 (25.1.01) INTERESTS AND LIABILITIES AGREEMENT of ACE Tempest Reinsurance Ltd. Hamilton, Bermuda (hereinafter referred to as the "Subscribing Reinsurer") with respect to the EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE: JUNE 1, 2006 issued to and duly executed by Philadelphia Insurance Company Bala Cynwyd, Pennsylvania Philadelphia Indemnity Insurance Company Bala Cynwyd, Pennsylvania and any and all other companies which are now or may hereafter become member companies of Philadelphia Insurance Companies The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities of the "Reinsurer" as set forth in the attached Contract captioned above: 0% of the First Excess Catastrophe Reinsurance 2.50% of the Second Excess Catastrophe Reinsurance 2.50% of the Third Excess Catastrophe Reinsurance This Agreement shall become effective at 12:01 a.m., Local Standard Time, June 1, 2006, and shall continue in force until 12:01 a.m., Local Standard Time, June 1, 2007, unless earlier terminated in accordance with the provisions of the attached Contract.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. NMA N.M.A. 2915 (25.1.01) INTERESTS AND LIABILITIES AGREEMENT Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited Interests and Liabilities Agreement of ACE Tempest Reinsurance Ltd. HamiltonMunchener Ruckversicherungs-Gesellschaft Munich, Bermuda Germany (hereinafter referred to as the "“Subscribing Reinsurer"”) with respect to the EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE$40,000,000 Excess $50,000,000 Florida Only Third Event Catastrophe Reinsurance Contract Effective: JUNE October 1, 2006 2004 issued to and duly executed by Philadelphia Liberty American Insurance Company Bala CynwydPinellas Park, Pennsylvania Philadelphia Indemnity Florida Mobile USA Insurance Company Bala CynwydPinellas Park, Pennsylvania Florida and any and all other companies which are now or may hereafter become member companies of Philadelphia Liberty American Insurance Companies Group, Inc. The Subscribing Reinsurer hereby accepts the following percentage shares a 5.64% share in the interests and liabilities of the "“Reinsurer" ” as set forth in the attached Contract captioned above: 0% of the First Excess Catastrophe Reinsurance 2.50% of the Second Excess Catastrophe Reinsurance 2.50% of the Third Excess Catastrophe Reinsurance . This Agreement shall become effective at 12:01 a.m., Local Standard Time, June on October 1, 20062004, and shall continue in force until 12:01 a.m.May 31, Local Standard Time2005, June 1both days inclusive. The Subscribing Reinsurer’s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, 2007, unless earlier terminated in accordance and shall not be joint with the provisions shares of the attached Contractother reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. NMA N.M.A. 2915 (25.1.01) INTERESTS AND LIABILITIES AGREEMENT Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited Interests and Liabilities Agreement of ACE Tempest Reinsurance Ltd. Hamilton, Bermuda (hereinafter referred to as the "“Subscribing Reinsurer") with respect to the EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE$45,000,000 Excess $195,000,000 Florida Only Catastrophe Reinsurance Contract Effective: JUNE 1September 10, 2006 2004 issued to and duly executed by Philadelphia Liberty American Insurance Company Bala CynwydPinellas Park, Pennsylvania Philadelphia Indemnity Florida Mobile USA Insurance Company Bala CynwydPinellas Park, Pennsylvania Florida and any and all other companies which are now or may hereafter become member companies of Philadelphia Liberty American Insurance Companies Group, Inc. The Subscribing Reinsurer hereby accepts the following percentage shares a 10.0% share in the interests and liabilities of the "“Reinsurer" ” as set forth in the attached Contract captioned above: 0% of the First Excess Catastrophe Reinsurance 2.50% of the Second Excess Catastrophe Reinsurance 2.50% of the Third Excess Catastrophe Reinsurance . This Agreement shall become effective at 12:01 a.m.on September 10, Local Standard Time, June 1, 20062004, and shall continue in force until 12:01 a.m.May 31, Local Standard Time2005, June 1both days inclusive. The Subscribing Reinsurer’s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, 2007, unless earlier terminated in accordance and shall not be joint with the provisions shares of the attached Contractother reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. NMA N.M.A. 2915 (25.1.01) INTERESTS AND LIABILITIES AGREEMENT of ACE Tempest Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited 65% Florida Only Third and Fourth Event Excess Catastrophe Reinsurance Ltd. Hamilton, Bermuda (hereinafter referred to as the "Subscribing Reinsurer") with respect to the EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVEContract Effective: JUNE September 1, 2006 2004 issued to and duly executed by Philadelphia Liberty American Insurance Company Bala CynwydPinellas Park, Pennsylvania Philadelphia Indemnity Florida Mobile USA Insurance Company Bala CynwydPinellas Park, Pennsylvania Florida and any and all other companies which are now or may hereafter become member companies of Philadelphia Liberty American Insurance Companies Group, Inc. Underlying Excess Catastrophe Reinsurance Reinsurers Participations ACE Tempest Reinsurance Ltd. 30.0% Axis Specialty Limited 25.0 Through Bxxxxxxx Limited Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” First Excess Catastrophe Reinsurance Reinsurers Participations ACE Tempest Reinsurance Ltd. 30.0% Axis Specialty Limited 24.0 Through Bxxxxxxx Limited (Placement Only) Sirius International Insurance Corporation 1.0 Through Bxxxxxxx Limited Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” Second Excess Catastrophe Reinsurance Reinsurers Participations ACE Tempest Reinsurance Ltd. 30.0% Axis Specialty Limited 23.5 Through Bxxxxxxx Limited (Placement Only) Sirius International Insurance Corporation 1.5 Through Bxxxxxxx Limited Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” Third Excess Catastrophe Reinsurance Reinsurers Participations ACE Tempest Reinsurance Ltd. 30.0% Axis Specialty Limited 23.5 Through Bxxxxxxx Limited (Placement Only) Sirius International Insurance Corporation 1.5 Through Bxxxxxxx Limited Lloyd’s Underwriters Per Signing Schedules 10.0 Total 65.0% part of 100% share in the interests and liabilities of the “Reinsurer” Interests and Liabilities Agreement of ACE Tempest Reinsurance Ltd. Hamilton, Bermuda (hereinafter referred to as the “Subscribing Reinsurer”) with respect to the 65% Florida Only Third and Fourth Event Excess Catastrophe Reinsurance Contract Effective: September 1, 2004 issued to and duly executed by 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. The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities of the "“Reinsurer" ” as set forth in the attached Contract captioned above: 0% of the First Excess Catastrophe Reinsurance 2.50% of the Second Excess Catastrophe Reinsurance 2.50% of the Third Excess Catastrophe Reinsurance This Agreement shall become effective at 12:01 a.m., Local Standard Time, June 1, 2006, and shall continue in force until 12:01 a.m., Local Standard Time, June 1, 2007, unless earlier terminated in accordance with the provisions of the attached Contract.:
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract Policy or any endorsement thereto, it is understood and agreed as follows:- follows: Should electronic data processing media insured by this Contract Policy suffer physical loss or damage insured by this ContractPolicy, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract Policy does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. NMA 2915 (25.1.01) INTERESTS AND LIABILITIES AGREEMENT of ACE Tempest Reinsurance Ltd. Hamilton, Bermuda (hereinafter referred to as the "Subscribing Reinsurer") with respect 25/01/01 DRAFT NMA2915 CANCELLATION CLAUSE NOTWITHSTANDING anything contained in this Insurance to the EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE: JUNE 1, 2006 issued to and duly executed contrary this Insurance may be cancelled by Philadelphia the Assured at any time by written notice or by surrendering of this Contract of Insurance. This Insurance Company Bala Cynwyd, Pennsylvania Philadelphia Indemnity Insurance Company Bala Cynwyd, Pennsylvania and any and all other companies which are now may also be cancelled by or may hereafter become member companies of Philadelphia Insurance Companies The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities on behalf of the "Reinsurer" Underwriters by delivering to the Assured or by mailing to the Assured, by registered, certified or other first class mail, at the Assured's address as set forth shown in this Insurance, written notice stating when, not less than 10 days thereafter, the attached Contract captioned above: 0% cancellation shall be effective. The mailing of notice as aforesaid shall be sufficient proof of notice and this Insurance shall terminate at the date and hour specified in such notice. If this Insurance shall be cancelled by the Assured the Underwriters shall retain the customary short rate proportion of the First Excess Catastrophe Reinsurance 2.50% premium hereon, except that if this Insurance is on an adjustable basis the Underwriters shall receive the Earned Premium hereon or the customary short rate proportion of any Minimum Premium stipulated herein whichever is the greater. If this Insurance shall be cancelled by or on behalf of the Second Excess Catastrophe Reinsurance 2.50% Underwriters the Underwriters shall retain the pro rata proportion of the Third Excess Catastrophe Reinsurance This Agreement premium hereon, except that if this Insurance is on an adjustable basis the Underwriters shall become effective at 12:01 a.m.receive the Earned Premium hereon or the pro rata proportion of any Minimum Premium stipulated herein whichever is the greater. Payment or tender of any Unearned Premium by the Underwriters shall not be a condition precedent to the effectiveness of Cancellation but such payment shall be made as soon as practicable. DRAFT If the period of limitation relating to the giving of notice is prohibited or made void by any law controlling the construction thereof, Local Standard Timesuch period shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law. 20/4/61 NMA1331 U.S.A. & CANADA LAND, June 1WATER AND AIR EXCLUSION Notwithstanding any provision to the contrary within the Policy of which this Endorsement forms part (or within any other Endorsement which forms part of this Policy), 2006this Policy does not insure land (including but not limited to land on which the insured property is located), water or air, howsoever and shall continue in force until 12:01 a.m.wherever occurring, Local Standard Timeor any interest or right therein. SEEPAGE AND/OR POLLUTION AND/OR CONTAMINATION EXCLUSION Notwithstanding any provision to the contrary within the Policy of which this Endorsement forms part (or within any other Endorsement which forms part of this Policy), June 1, 2007, unless earlier terminated in accordance with the provisions of the attached Contract.this Policy does not insure:
Appears in 1 contract
Samples: Agreement
Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. NMA N.M.A. 2915 (25.1.01) INTERESTS AND LIABILITIES AGREEMENT Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited Interests and Liabilities Agreement of ACE Tempest Reinsurance Ltd. HamiltonMunchener Ruckversicherungs-Gesellschaft Munich, Bermuda Germany (hereinafter referred to as the "“Subscribing Reinsurer"”) with respect to the EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE$50,000,000 Excess $140,000,000 Florida Only Catastrophe Reinsurance Contract Effective: JUNE October 1, 2006 2004 issued to and duly executed by Philadelphia Liberty American Insurance Company Bala CynwydPinellas Park, Pennsylvania Philadelphia Indemnity Florida Mobile USA Insurance Company Bala CynwydPinellas Park, Pennsylvania Florida and any and all other companies which are now or may hereafter become member companies of Philadelphia Liberty American Insurance Companies Group, Inc. The Subscribing Reinsurer hereby accepts the following percentage shares a 4.92% share in the interests and liabilities of the "“Reinsurer" ” as set forth in the attached Contract captioned above: 0% of the First Excess Catastrophe Reinsurance 2.50% of the Second Excess Catastrophe Reinsurance 2.50% of the Third Excess Catastrophe Reinsurance . This Agreement shall become effective at 12:01 a.m., Local Standard Time, June on October 1, 20062004, and shall continue in force until 12:01 a.m.May 31, Local Standard Time2005, June 1both days inclusive. The Subscribing Reinsurer’s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, 2007, unless earlier terminated in accordance and shall not be joint with the provisions shares of the attached Contractother reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. NMA 2915 (25.1.01) INTERESTS AND LIABILITIES AGREEMENT of ACE Tempest Reinsurance Ltd. Hamilton, Bermuda (hereinafter referred to as the "Subscribing Reinsurer") with respect to the FLORIDA ONLY EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE: JUNE 1, 2006 issued to and duly executed by Philadelphia Liberty American Insurance Company Bala CynwydPinellas Park, Pennsylvania Philadelphia Indemnity Florida Liberty American Select Insurance Company Bala CynwydPinellas Park, Pennsylvania Florida and any and all other companies which are now or may hereafter become member companies of Philadelphia Liberty American Insurance Companies Group, Inc. The Subscribing Reinsurer hereby accepts the following percentage shares in the interests and liabilities of the "Reinsurer" as set forth in the attached Contract captioned above: 0% of the First Excess Catastrophe Reinsurance 2.502.00% of the Second Excess Catastrophe Reinsurance 2.502.00% of the Third Excess Catastrophe Reinsurance This Agreement shall become effective at 12:01 a.m., Local Standard Time, June 1, 2006, and shall continue in force until 12:01 a.m., Local Standard Time, June 1, 2007, unless earlier terminated in accordance with the provisions of the attached Contract.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. NMA N.M.A. 2915 (25.1.01) INTERESTS AND LIABILITIES AGREEMENT Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited Interests and Liabilities Agreement of ACE Tempest Reinsurance Ltd. HamiltonHxxxxxxx, Bermuda (hereinafter referred to as the "“Subscribing Reinsurer"”) with respect to the EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE$50,000,000 Excess $240,000,000 Florida Only Catastrophe Reinsurance Contract Effective: JUNE October 1, 2006 2004 issued to and duly executed by Philadelphia Liberty American Insurance Company Bala CynwydPinellas Park, Pennsylvania Philadelphia Indemnity Florida Mobile USA Insurance Company Bala CynwydPinellas Park, Pennsylvania Florida and any and all other companies which are now or may hereafter become member companies of Philadelphia Liberty American Insurance Companies Group, Inc. The Subscribing Reinsurer hereby accepts the following percentage shares a 13.50% share in the interests and liabilities of the "“Reinsurer" ” as set forth in the attached Contract captioned above: 0% of the First Excess Catastrophe Reinsurance 2.50% of the Second Excess Catastrophe Reinsurance 2.50% of the Third Excess Catastrophe Reinsurance . This Agreement shall become effective at 12:01 a.m., Local Standard Time, June on October 1, 20062004, and shall continue in force until 12:01 a.m.May 31, Local Standard Time2005, June 1both days inclusive. The Subscribing Reinsurer’s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, 2007, unless earlier terminated in accordance and shall not be joint with the provisions shares of the attached Contractother reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers.
Appears in 1 contract
Samples: Interests and Liabilities Agreement (Philadelphia Consolidated Holding Corp)
Electronic Data Processing Media Valuation. Notwithstanding any provision to the contrary within the Contract or any endorsement thereto, it is understood and agreed as follows:- Should electronic data processing media insured by this Contract suffer physical loss or damage insured by this Contract, then the basis of valuation shall be the cost of the blank media plus the costs of copying the ELECTRONIC DATA from back-up or from originals of a previous generation. These costs will not include research and engineering nor any costs of recreating, gathering or assembling such ELECTRONIC DATA. If the media is not repaired, replaced or restored the basis of valuation shall be the cost of the blank media. However this Contract does not insure any amount pertaining to the value of such ELECTRONIC DATA to the Assured or any other party, even if such ELECTRONIC DATA cannot be recreated, gathered or assembled. NMA N.M.A. 2915 (25.1.01) INTERESTS AND LIABILITIES AGREEMENT of ACE Tempest Form approved by Lloyd’s Underwriters’ Non-Marine Association Limited N.M.A. 2915 (25.1.01) $6,500,000 Excess $3,500,000 Florida Only Fifth Event Excess Catastrophe Reinsurance Ltd. HamiltonContract Effective: September 24, Bermuda (hereinafter referred to as the "Subscribing Reinsurer") with respect to the EXCESS CATASTROPHE REINSURANCE CONTRACT EFFECTIVE: JUNE 1, 2006 2004 issued to and duly executed by Philadelphia Liberty American Insurance Company Bala CynwydPinellas Park, Pennsylvania Philadelphia Indemnity Florida Mobile USA Insurance Company Bala CynwydPinellas Park, Pennsylvania Florida and any and all other companies which are now or may hereafter become member companies of Philadelphia Liberty American Insurance Companies Group, Inc. Reinsurers Participations Through Bxxxxxxx Limited Lloyd’s Underwriters Per Signing Schedules 100% Total 100% Interests and Liabilities Agreement of Certain Underwriting Members of Lloyd’s shown in the Signing Schedules attached hereto (hereinafter referred to as the “Subscribing Reinsurer”) with respect to the $6,500,000 Excess $3,500,000 Florida Only Fifth Event Excess Catastrophe Reinsurance Contract Effective: September 24, 2004 issued to and duly executed by 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. The Subscribing Reinsurer hereby accepts the following percentage shares a 100% share in the interests and liabilities of the "“Reinsurer" ” as set forth in the attached Contract captioned above: 0% of the First Excess Catastrophe Reinsurance 2.50% of the Second Excess Catastrophe Reinsurance 2.50% of the Third Excess Catastrophe Reinsurance . This Agreement shall become effective at 12:01 a.m.on September 24, Local Standard Time, June 1, 20062004, and shall continue in force until 12:01 a.m.May 31, Local Standard Time2005, June 1both days inclusive. The Subscribing Reinsurer’s share in the attached Contract shall be separate and apart from the shares of the other reinsurers, 2007, unless earlier terminated in accordance and shall not be joint with the provisions shares of the other reinsurers, it being understood that the Subscribing Reinsurer shall in no event participate in the interests and liabilities of the other reinsurers. In any action, suit or proceeding to enforce the Subscribing Reinsurer’s obligations under the attached Contract., service of process may be made upon Mendes & Mount, 700 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000. Signed for and on behalf of the Subscribing Reinsurer in the Signing Schedules attached hereto. Pxxxx, General Manager (Underwriters at Lloyds) Now Know Up that We the Underwriters, Members of the Syndicates whose definitive numbers in the after-mentioned List of Underwriting Members of Lloyd’s are set out in the attached Table, hereby bind ourselves each for his own part and not one for another, our Executors and Administrators, and in respect of his due proportion only, to pay or make good to the Assured or to the Assured’s Executors or Administrators or to indemnify him or them against all such loss, damage or liability as herein provided, such payment to be made after such loss, damage or liability is proved and the due proportion for which each of us, the Underwriters, is liable shall be ascertained by reference to his share, as shown in the said List, of the Amount, Percentage or Proportion of the total sum insured hereunder which is in the Table set opposite the definitive number of the Syndicate of which such Underwriter is a Member AND FURTHER THAT the List of Underwriting Members of Lloyd’s referred to above shows their respective Syndicates and Shares therein, is deemed to be incorporated in and to form part of this policy, bears the number specified in the attached Table and is available for inspection at Lloyd’s Policy Signing Office by the Assured or his or their representatives and a true copy of the material parts of the said List certified by the General Manager of Lloyd’s Policy Signing Office will be furnished to the Assumed an application. [ILLEGIBLE] BUREAU REFERENCE 61354 28/10/04 BROKER NUMBER 1108 PROPORTION SYNDICATE UNDERWRITER’S % REFERENCE 10.000 2791 X1104EG01603 15.000 2020 P504404JOX 15.000 2001 CAJ1997504RA 9.000 2987 F0372X04B000 10.000 958 YVXAXOEN8307 5.000 2010 N04H3050A001 5.000 2003 AF2000080502 5.000 780 Y541C136P041 10.000 33 97603FXAAKWE 2.670 570 04CX49196JX 3.330 2147 RF29004ATSA8 1.998 510 UALF04FBUA 1.332 557 UALA04FBUA 6.670 4444 T06905AA TOTAL LINE No. OF SYNDICATES 100.000 14 THE LIST OF UNDERWRITING MEMBERS OF LLOYDS IS IN RESPECT OF 2004 YEAR OF ACCOUNT
Appears in 1 contract
