REGULATION 114 TRUST AGREEMENTRegulation 114 Trust Agreement • October 30th, 2012 • White Mountains Insurance Group LTD • Fire, marine & casualty insurance • New York
This Regulation 114 Trust Agreement, dated as of July 20, 2012 (this “Trust Agreement”), is entered into by and among BUILD AMERICA MUTUAL ASSURANCE COMPANY, a corporation organized and existing under the laws of New York (the “Beneficiary”), HG RE LTD., an exempted Bermuda limited company (the “Grantor”), and THE BANK OF NEW YORK MELLON, a banking corporation organized and existing under the laws of the State of New York (the “Trustee”), (the Grantor, the Beneficiary and the Trustee are hereinafter each sometimes referred to individually as a “Party” and collectively as the “Parties”).
