EXHIBIT 10.3b PXRE REINSURANCE LTD. CREDIT ENHANCEMENT POLICY November 8, 2002 Insureds: The LENDERS and WACHOVIA BANK, NATIONAL ASSOCIATION (formerly known as First Union National Bank), as agent for the Lenders (in such capacity, the "Agent"),...Credit Enhancement Policy • November 12th, 2002 • Pxre Group LTD • Title insurance
