Page 1 of 7 COMMUTATION AGREEMENT This Agreement is made effective as of September 30, 2004 (the "Commutation Date") by and between PXRE Reinsurance Company, PXRE Reinsurance Ltd. and PXRE Group Ltd. (hereinafter, separately and collectively, referred...Commutation Agreement • November 5th, 2004 • Pxre Group LTD • Title insurance • New York
