ContractExcess Catastrophe Reinsurance Contract • November 9th, 2021 • FedNat Holding Co • Fire, marine & casualty insurance
21\F7V1120 Excess Catastrophe Reinsurance Contract Effective: June 1, 2021 FedNat Insurance Company Sunrise, Florida and Monarch National Insurance Company Sunrise, Florida and Maison Insurance Company Baton Rouge, Louisiana Baton Rouge, Louisiana _______________________ Certain identified information has been omitted from this exhibit because it is not material and would be competitively harmful if publicly disclosed. Redactions are indicated by [***]. 21\F7V1120 Table of Contents Article Page 1 Classes of Business Reinsured 1 2 Commencement and Termination 1 3 Territory 3 4 Exclusions 3 5 Retention and Limit 4 6 Florida Hurricane Catastrophe Fund 5 7 Other Reinsurance 5 8 Definitions 5 9 Loss Occurrence 6 10 Loss Notices and Settlements 8 11 Cash Call 9 12 Salvage and Subrogation 9 13 Reinsurance Premium 9 14 Sanctions 9 15 Late Payments 10 16 Offset 11 17 Severability of Interests and Obligations 11 18 Access to Records 12 19 Liability of the Reinsurer 12 20 Net Retained Lines (BR
ContractReinsurance Contract • November 9th, 2021 • FedNat Holding Co • Fire, marine & casualty insurance
21\F7V1136 Sixth Layer Reinstatement Premium Protection Reinsurance Contract Effective: July 1, 2021 FedNat Insurance Company Sunrise, Florida and Monarch National Insurance Company Sunrise, Florida and Maison Insurance Company Baton Rouge, Louisiana _______________________ Certain identified information has been omitted from this exhibit because it is not material and would be competitively harmful if publicly disclosed. Redactions are indicated by [***]. 21\F7V1136 Table of Contents Article Page 1 Coverage 1 2 Commencement and Termination 1 3 Concurrency of Conditions 3 4 Premium 3 5 Sanctions 4 6 Loss Notices and Settlements 4 7 Late Payments 4 8 Offset 5 9 Severability of Interests and Obligations 6 10 Access to Records 6 11 Errors and Omissions (BRMA 14F) 6 12 Currency (BRMA 12A) 7 13 Taxes (BRMA 50B) 7 14 Federal Excise Tax (BRMA 17D) 7 15 Reserves 7 16 Insolvency 9 17 Arbitration 9 18 Service of Suit (BRMA 49C) 10 19 Severability (BRMA 72E) 11 20 Governing Law (BRMA 71B) 11 21
Excess Catastrophe Reinsurance Contract Effective: July 1, 2021 FedNat Insurance Company Sunrise, Florida and Monarch National Insurance Company Sunrise, Florida and Maison Insurance Company Baton Rouge, LouisianaExcess Catastrophe Reinsurance Contract • November 9th, 2021 • FedNat Holding Co • Fire, marine & casualty insurance
Certain identified information has been omitted from this exhibit because it is not material and would be competitively harmful if publicly disclosed. Redactions are indicated by [***].
Reinstatement Premium Protection Reinsurance Contract Effective: July 1, 2021 FedNat Insurance Company Sunrise, Florida and Monarch National Insurance Company Sunrise, Florida and Maison Insurance Company Baton Rouge, LouisianaReinsurance Contract • November 9th, 2021 • FedNat Holding Co • Fire, marine & casualty insurance
Certain identified information has been omitted from this exhibit because it is not material and would be competitively harmful if publicly disclosed. Redactions are indicated by [***].
ContractNet Quota Share Reinsurance Agreement • November 9th, 2021 • FedNat Holding Co • Fire, marine & casualty insurance
EFFECTIVE: JULY 1, 2021 FIN_5166.4 NET QUOTA SHARE REINSURANCE AGREEMENT NO. FIN_5166.4 EFFECTIVE: JULY 1, 2021 between FEDNAT INSURANCE COMPANY Sunrise, Florida and SWISS REINSURANCE AMERICA CORPORATION Armonk, New York _______________________ Certain identified information has been omitted from this exhibit because it is not material and would be competitively harmful if publicly disclosed. Redactions are indicated by [***]. EFFECTIVE: JULY 1, 2021 FIN_5166.4 NET QUOTA SHARE REINSURANCE AGREEMENT NO. FIN_5166.4 ARTICLE CONTENTS PAGE PREAMBLE 1 I BUSINESS COVERED 1 II EFFECTIVE DATE AND TERMINATION 3 III TERRITORY 4 IV RETENTION 4 V DEFINITIONS 4 VI EXCLUSIONS 9 VII SPECIAL ACCEPTANCE 11 VIII INTERNATIONAL TRADE CONTROLS AND ECONOMIC SANCTIONS 11 IX REINSURANCE PREMIUM 11 X SLIDING SCALE COMMISSION 12 XI LOSSES, LOSS ADJUSTMENT EXPENSES AND SALVAGES 14 XII REPORTS AND REMITTANCES 14 XIII ACCESS TO RECORDS 17 XIV TAXES 18 XV OFFSET 18 XVI DISPUTE RESOLUTION 18 XVII INSOLVENCY 20 XVII
Sixth Layer Excess Catastrophe Reinsurance Contract Effective: July 1, 2021 FedNat Insurance Company Sunrise, Florida and Monarch National Insurance Company Sunrise, Florida and Maison Insurance Company Baton Rouge, LouisianaReinsurance Contract • November 9th, 2021 • FedNat Holding Co • Fire, marine & casualty insurance • Florida
Certain identified information has been omitted from this exhibit because it is not material and would be competitively harmful if publicly disclosed. Redactions are indicated by [***].
ContractReinsurance Contract • November 9th, 2021 • FedNat Holding Co • Fire, marine & casualty insurance
21\F7V1130 Sixth Layer Excess Catastrophe Reinsurance Contract Effective: July 1, 2021 FedNat Insurance Company Sunrise, Florida and Monarch National Insurance Company Sunrise, Florida and Maison Insurance Company Baton Rouge, Louisiana _______________________ Certain identified information has been omitted from this exhibit because it is not material and would be competitively harmful if publicly disclosed. Redactions are indicated by [***]. 21\F7V1130 Table of Contents Article Page 1 Classes of Business Reinsured 1 2 Commencement and Termination 1 3 Territory 3 4 Exclusions 3 5 Retention and Limit 4 6 Florida Hurricane Catastrophe Fund 5 7 Other Reinsurance 5 8 Reinstatement 5 9 Definitions 6 10 Loss Occurrence 7 11 Loss Notices and Settlements 9 12 Cash Call 9 13 Salvage and Subrogation 10 14 Reinsurance Premium 10 15 Sanctions 11 16 Late Payments 11 17 Offset 13 18 Severability of Interests and Obligations 13 19 Access to Records 13 20 Liability of the Reinsurer 14 21 Net Retaine
