Transcript 2013 Reinsurance Information

Reinsurance Program Tower
Olympus Insurance Company - Catastrophe Excess of Loss Tower
$284M
$40M xs $244M
•
1st Event
1st Event Protection
$244M
$29.5M xs $214.5M
$155.3M xs $59.2M
$155.3M xs $59.2M
$214.5M
> $1M Retention for each event
> Purchased over 100 year return
$59.2M
$19.2M xs $40M
$40M
$34M xs $6M
$6M
Underlying CAT
$5M xs $1M
$1M Retention
0
Reinsurance Program Tower
$179.1M
$34.87M xs $144.23M
$144.23M
•
1st ent
$40M xs $104.23M
$40M xs $104.23M
$29.5M xs $74.73M
$29.5M xs $74.73M
2nd Event Protection
($284M 1st Event)
$104.23M
$74.73M
$15.53M xs $59.2M
$59.2M
$40M
$19.2M xs $40M
$34M xs $6M
$6M
$34M xs $6M
4M xs $2M
Underlying CAT $1M xs $1M
$1M Retention
1
Reinsurance Program Participation
Quota
Share
100%
CAT
Property Property
Property
Property
Property Property
Property
CAT
Aggregat
CAT
CAT
CAT
CAT
CAT
CAT
Per Risk
CAT
Aggregat
e
RPP
1st
2nd
5th
$1M x
$5M x $1M x
$2M x
4th Excess
e
$25M x
1st
Excess Excess
Excess
$1M
$1M
$1M
$1M
$29.5M x
$64.83M
$2M
Excess
$34M x $19.2M x
$40M x
(3rd
(1st
(2nd
$74.73M
x $6M
(2nd
$6M
$40M
$104.23
Event)
Event) Event)
Event)
5.00%
25.00%
Reinsurer
United States
Allied World
Reinsurance Company
American Standard
Insurance Company of
Wisconsin
Berkley Insurance
Company
Everest Reinsurance
Company
Odyssey Reinsurance
Company
Platinum Underwriters
Reinsurance, Inc.
United States Total
2.50%
5.00%
RPP
2nd
Excess
5.325%
25.00%
4.12%
5.00%
10.00%
4.60%
25.00%
55.00% 35.00%
4.12%
7.50%
9.60%
5.33%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
2
Reinsurance Program Participation
Quota
Share
100%
Reinsurer
CAT
Property Property
Property
Property
Property Property
Property
CAT
Aggregat
CAT
CAT
CAT
CAT
CAT
CAT
Per Risk
CAT
Aggregat
e
RPP
1st
2nd
5th
$1M x
$5M x $1M x
$2M x
4th Excess
e
$25M x
1st
Excess Excess
Excess
$1M
$1M
$1M
$1M
$29.5M x
$64.83M
$2M
Excess
$34M x $19.2M x
$40M x
(3rd
(1st
(2nd
$74.73M
x $6M
(2nd
$6M
$40M
$104.23
Event)
Event) Event)
Event)
RPP
2nd
Excess
Bermuda
Aeolus Reinsurance Ltd.
100.00% 100.00%
Allied World Assurance
Company, Ltd.
100.00%
Arch Reinsurance Ltd.
Blue Water Reinsurance
Ltd.
17.50% 36.25%
DaVinci Reinsurance Ltd.
Montpelier Reinsurance
Ltd.
MS Frontier Reinsurance
Ltd.
Renaissance
Reinsurance, Ltd.
2.055%
100.00% 33.33%
5.00%
1.25%
11.60%
17.50%
3.75%
50.00%
2.055%
3.75%
3
Reinsurance Program Participation
Quota
Share
100%
Reinsurer
CAT
Property Property
Property
Property
Property Property
Property
CAT
Aggregat
CAT
CAT
CAT
CAT
CAT
CAT
Per Risk
CAT
Aggregat
e
RPP
1st
2nd
5th
$1M x
$5M x $1M x
$2M x
4th Excess
e
$25M x
1st
Excess Excess
Excess
$1M
$1M
$1M
$1M
$29.5M x
$64.83M
$2M
Excess
$34M x $19.2M x
$40M x
(3rd
(1st
(2nd
$74.73M
x $6M
(2nd
$6M
$40M
$104.23
Event)
Event) Event)
Event)
RPP
2nd
Excess
Bermuda
SAC Re, Ltd.
Third Point Reinsurance
Company, Ltd.
Tokio Millennium Re Ltd
1.65%
4.00%
25.00%
2.875%
2.50%
9.00%
7.50%
Radiant Reinsurance Ltd
Bermuda Total
66.67%
9.00%
100.00% 100.00%
25.00% 50.00% 25.76% 56.75%
24.10%
30.63% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
4
Reinsurance Program Participation
Reinsurer
CAT
Property Property
Property
Property
Property Property
Property
CAT
Aggregat
CAT
CAT
CAT
CAT
CAT
CAT
Per Risk
CAT
Aggregat
e
RPP
1st
2nd
5th
$1M x
$5M x $1M x
$2M x
4th Excess
e
$25M x
1st
Excess Excess
Excess
$1M
$1M
$1M
$1M
$29.5M x
$64.83M
$2M
Excess
$34M x $19.2M x
$40M x
(3rd
(1st
(2nd
$74.73M
x $6M
(2nd
$6M
$40M
$104.23
Event)
Event) Event)
Event)
Europe/Asia
Hannover Ruckversicherung
SE
15.00%
Quota
Share
100%
Lloyd's Syndicate 382 - HDU
0.34%
2.00%
1.95%
Lloyd's Syndicate 623 - AFB
0.19%
0.43%
0.42%
Lloyd's Syndicate 958 - CNP
1.72%
1.68%
2.58%
Lloyd's Syndicate 1955 - BAR
1.40%
1.36%
1.00%
Lloyd's Syndicate 2001 - AML
15.00%
10.00%
6.24%
3.13%
4.50%
Lloyd's Syndicate 2007 - NVA
RPP
2nd
Excess
2.00%
Europe/Asia
5
Reinsurance Program Participation
Quota
Share
100%
Reinsurer
CAT
Property Property
Property
Property
Property Property
Property
CAT
Aggregat
CAT
CAT
CAT
CAT
CAT
CAT
Per Risk
CAT
Aggregat
e
RPP
1st
2nd
5th
$1M x
$5M x $1M x
$2M x
4th Excess
e
$25M x
1st
Excess Excess
Excess
$1M
$1M
$1M
$1M
$29.5M x
$64.83M
$2M
Excess
$34M x $19.2M x
$40M x
(3rd
(1st
(2nd
$74.73M
x $6M
(2nd
$6M
$40M
$104.23
Event)
Event) Event)
Event)
RPP
2nd
Excess
Europe/Asia
Lloyd's Syndicate 2623- AFB
0.84%
1.97%
1.91%
Lloyd's Syndicate 2791 - MAP
3.75%
3.75%
3.75%
3.76%
Lloyd's Syndicate 2987 - BRT
3.20%
2.33%
3.00%
Lloyd's Syndicate 3902 - NOA
4.00%
Lloyd's Syndicate 4444 - CNP
2.28%
2.22%
3.42%
35.75%
28.75%
26.50%
Europe/Asia Total
0.00%
15.00%
5.12%
Total
80.00% 100.00% 35.00% 100.00% 62.45%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
62.45% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
6