Canopius Holdings Bermuda Ltd Watch

from S-4 19 pages This Quota Share Treaty Is Made the 30th Day of December 2009 Between: (1) Canopius Capital Two Limited a Company Incorporated in England and Wales (No 5234105) Whose Registered Office Is at Gallery 9, One Lime Street, London Ec3m 7ha (The “Reinsured”); (2) Creechurch Dedicated (2) Limited a Company Incorporated in England and Wales (No 4080380) Whose Registered Office Is Also at Gallery 9, One Lime Street, London Ec3m 7ha (“Cd2”); (3) Canopius Bermuda Limited a Company Incorporated in Bermuda With Offices at Canon’s Court, 22 Victoria Street, Hamilton Hm 12, Bermuda (The “Reinsurer”); and (4) Canopius Group Limited, a Company Incorporated in the Island of Guernsey (No. 41279) Whose Registered Office Is at Ogier House, St Julian’s Avenue, St Peter Port, Guernsey Gyi 1wa (“Cgl”). Background a the Reinsured and Cd2 Are Indirect Wholly Owned Subsidiaries of Cgl. B the Reinsured Is an Underwriting Member of Lloyd’s And: (I) Is Entitled to Participate in Syndicate 4444 at Lloyd’s (The “Syndicate”) for the 2010 Underwriting Year of Account With a Member’s Syndicate Premium Limit of £469,664,635 Out of a Total Syndicate Capacity of £550,000,000; and (II) Is Not Entitled to Participate in Any Other Syndicate at Lloyd’s for the 2010 Underwriting Year of Account. C the Underwriting of the Reinsured at Lloyd’s for 2010 and Prior Years Is in Part Supported by the Reinsurer’s Cash Deposit and the Letters of Credit Described in Article 10. D in Respect of the 2007, 2008 and 2009 Years of Account of the Syndicate There Exist Between the Parties