Common use of WLACC Outstanding Clause in Contracts

WLACC Outstanding. The remaining net par outstanding at December 31, 2025, inclusive of the impact of any ART Transactions executed by the Company during the Performance Period, for watch list and adversely classified credits as identified at the beginning of the Performance Period (“WLACC”) by AFG and its subsidiaries, including AAC and AUK. For purposes of this award, WLACC amounts will exclude new credits added during the Performance Period, including credits added through reinsurance recaptures. For non-U.S. exposures, the currency exchange rates to be used shall be those beginning on the first day of the Performance Period. EXHIBIT B PEER GROUP Assured Guaranty Ltd. (AGO) MBIA Inc. (MBI) Argo Group International Holdings, Ltd. (ARGO) Enstar Group Limited (ESGR) Hanover Group, Inc. (THG) HCI Group, Inc. (HCI) Xxxxxx Xxxx Educators Corporation (HMN) PRA Group, Inc. (PRAA) ProAssurance Corporation (PRA) RLI Corp. (RLI) Selective Insurance Group, Inc. (SIGI) SiriusPoint Ltd. (SPNT) White Mountains Insurance Ltd. (WTM)

Appears in 2 contracts

Samples: Ambac Financial (Ambac Financial Group Inc), Performance Stock Unit Agreement (Ambac Financial Group Inc)

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WLACC Outstanding. The remaining net par outstanding at December 31, 20252026, inclusive of the impact of any ART Transactions executed by the Company during the Performance Period, for watch list and adversely classified credits as identified at the beginning of the Performance Period (“WLACC”) by AFG and its subsidiaries, including AAC and AUK. For purposes of this award, WLACC amounts will exclude new credits added during the Performance Period, including credits added through reinsurance recaptures. For non-U.S. exposures, the currency exchange rates to be used shall be those beginning on the first day of the Performance Period. EXHIBIT B PEER GROUP Assured Guaranty Ltd. (AGO) MBIA Inc. (MBI) Argo Group International Holdings, Ltd. (ARGO) Enstar Group Limited (ESGR) Hanover BRP Group, Inc. (THGBRP) Global Indemnity Group, LLC (GBLI) Goosehead Insurance, Inc. (GSHD) HCI Group, Inc. (HCI) Xxxxxx Xxxx Educators Corporation (HMN) MBIA Inc. (MBI) Palomar Holdings, Inc. (PLMR) PRA Group, Inc. (PRAA) ProAssurance Corporation (PRA) RLI Corp. (RLI) Selective Insurance Group, Inc. (SIGI) SiriusPoint Ltd. (SPNT) White Mountains Insurance Ltd. (WTM)

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Ambac Financial Group Inc)

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WLACC Outstanding. The remaining net par outstanding at December 31, 2025, inclusive of the impact of any ART Transactions executed by the Company during the Performance Period, for watch list and adversely classified credits as identified at the beginning of the Performance Period (“WLACC”) by AFG and its subsidiaries, including AAC and AUK. For purposes of this award, WLACC amounts will exclude new credits added during the Performance Period, including credits added through reinsurance recaptures. For non-U.S. exposures, the currency exchange rates to be used shall be those beginning on the first day of the Performance Period. EXHIBIT B PEER GROUP Assured Guaranty Ltd. (AGO) MBIA Inc. (MBI) Argo Group International Holdings, Ltd. (ARGO) Enstar Group Limited (ESGR) Hanover BRP Group, Inc. (THGBRP) Global Indemnity Group, LLC (GBLI) Goosehead Insurance, Inc. (GSHD) HCI Group, Inc. (HCI) Xxxxxx Xxxx Educators Corporation (HMN) MBIA Inc. (MBI) Palomar Holdings, Inc. (PLMR) PRA Group, Inc. (PRAA) ProAssurance Corporation (PRA) RLI Corp. (RLI) Selective Insurance Group, Inc. (SIGI) SiriusPoint Ltd. (SPNT) White Mountains Insurance Ltd. (WTM)

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Ambac Financial Group Inc)

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