AMENDMENT V TO PROPORTIONAL REINSURANCE AGREEMENTProportional Reinsurance Agreement • February 13th, 2008 • Donegal Group Inc • Fire, marine & casualty insurance
THIS AMENDMENT V, dated as of February 11, 2008 (the “Amendment”) to the Proportional Reinsurance Agreement (the “Agreement”) dated as of September 29, 1986, as previously amended on October 1, 1988, July 16, 1992, December 21, 1995 and April 20, 2000, between DONEGAL MUTUAL INSURANCE COMPANY, a mutual casualty insurance company organized and existing under the laws of the Commonwealth of Pennsylvania (“Donegal Mutual”) and ATLANTIC STATES INSURANCE COMPANY, a stock casualty insurance company incorporated and existing under the laws of the Commonwealth of Pennsylvania (“Atlantic States”) and all of whose capital stock is owned by Donegal Group Inc., a Delaware corporation (“DGI”).
