Exhibit 10.61
TERMINATION ADDENDUM
AMENDED AND RESTATED QUOTA SHARE RETROCESSION AGREEMENT
BY AND BETWEEN
PLATINUM UNDERWRITERS BERMUDA, LTD.
and
PLATINUM UNDERWRITERS REINSURANCE, INC.
IT IS HEREBY MUTUALLY AGREED that effective December 31, 2006, the Amended
and Restated Quota Share Retrocession Agreement dated as of January 1, 2006, 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").
IN WITNESS WHEREOF, the parties have caused this Addendum to be executed in
duplicate by their respective officers duly authorized so to do, on the date set
forth below.
Platinum Underwriters Bermuda, Ltd.
By: /s/ Xxx Xxxxxx
--------------------------------------
Name: Xxx Xxxxxx
Title: Vice President
Date: February 19, 2007
Platinum Underwriters Reinsurance, Inc.
By: /s/ Xxxxx Marine
--------------------------------------
Name: Xxxxx Marine
Title: Senior Vice President
Date: February 12, 2007
