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EXHIBIT 10.59

 

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – Lloyd’s DOC: May 31, 2015   

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ENDORSEMENT NO. 1

to the

INTERESTS AND LIABILITIES AGREEMENT

attaching to, and forming part of, the

MULTI-YEAR CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

CERTAIN UNDERWRITERS AT LLOYD’S

(hereinafter called, with other participants, the “Reinsurer”)

who are signatories hereto, each for the proportion underwritten and not one for
another

Effective June 1, 2015, the Interests & Liabilities Agreement of the above
Reinsurer shall be amended as follows:

Under the terms of this Contract the above Reinsurer agrees to assume severally
and not jointly with other participants

 

Contract Year 1

   Participation  

Excess Layer 3

     13.000 % 

Excess Layer 4

     13.562 % 

 

Contract Year 2

   Participation  

Excess Layer 3

     8.346 % 

Excess Layer 4

     9.455 % 

of the liability in the layer(s) described in the attached Contract including
the same corresponding proportional participation of the Reinsurers’ additional
obligations set forth within the layer(s) upon which the Reinsurer participates
described above.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – Lloyd’s DOC: May 31, 2015   

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Contract Year 1

Excess Layer 3

Syndicate #

   Pseudonym    Participation     Initial    Date

1414

   ASC      3.500 %      

2001

   AML      2.000 %      

2010

   MMX      1.000 %      

2791

   MAP      3.500 %      

2987

   BRT      3.000 %      

 

Contract Year 1

Excess Layer 4

Syndicate #

   Pseudonym    Participation     Initial    Date

609

   AUW      0.483 %      

1084

   CSL      1.938 %      

2001

   AML      2.906 %      

2007

   NVA      1.938 %      

2791

   MAP      3.391 %      

2987

   BRT      2.906 %      

 

Contract Year 2

Excess Layer 3

Syndicate #

   Pseudonym    Participation     Initial    Date

1414

   ASC      2.247 %      

2001

   AML      1.284 %      

2010

   MMX      0.642 %      

2791

   MAP      2.247 %      

2987

   BRT      1.926 %      

 

Contract Year 2

Excess Layer 4

Syndicate #

   Pseudonym    Participation     Initial    Date

609

   AUW      0.337 %      

1084

   CSL      1.351 %      

2001

   AML      2.026 %      

2007

   NVA      1.351 %      

2791

   MAP      2.364 %      

2987

   BRT      2.026 %      

All other Terms and Conditions detailed on the original fully executed
Interests & Liabilities Agreement shall remain unchanged.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – Lloyd’s DOC: May 31, 2015   

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Syndicate #    Pseudonym    Initial    Date

609

   AUW      

1084

   CSL      

1414

   ASC      

2001

   AML      

2007

   NVA      

2010

   MMX      

2791

   MAP      

2987

   BRT      

The share attaching to this Contract is subscribed by the Underwriters, Members
of the Syndicates the definitive numbers of which and the proportions reinsured
described above.

Signed in                                 , on this              day of
                    , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – Lloyd’s DOC: May 31, 2015   

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ENDORSEMENT NO. 1

to the

INTERESTS AND LIABILITIES AGREEMENT

attaching to, and forming part of, the

MULTI-YEAR CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

AMLIN BERMUDA (BRANCH OF AMLIN AG)

(hereinafter called, with other participants, the “Reinsurer”)

Effective June 1, 2015, the Interests & Liabilities Agreement of the above
Reinsurer shall be amended as follows:

Under the terms of this Contract the above Reinsurer agrees to assume severally
and not jointly with other participants

 

Contract Year 1

   Participation  

Excess Layer 3

     2.000 % 

Excess Layer 4

     1.938 % 

 

Contract Year 2

   Participation  

Excess Layer 3

     1.284 % 

Excess Layer 4

     1.351 % 

of the liability in the layer(s) described in the attached Contract including
the same corresponding proportional participation of the Reinsurers’ additional
obligations set forth within the layer(s) upon which the Reinsurer participates
described above.

All other Terms and Conditions detailed on the original fully executed
Interests & Liabilities Agreement shall remain unchanged.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – AMLN DOC: May 31, 2015   

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Signed in                                 , on this              day of
                    , 20    

AMLIN BERMUDA (BRANCH OF AMLIN AG)

BY:                                                             

TITLE:                                                             

Signed in                                 , on this              day of
                    , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – AMLN DOC: May 31, 2015   

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ENDORSEMENT NO. 1

to the

INTERESTS AND LIABILITIES AGREEMENT

attaching to, and forming part of, the

MULTI-YEAR CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

ACE TEMPEST REINSURANCE LIMITED

(hereinafter called, with other participants, the “Reinsurer”)

Effective June 1, 2015, the Interests & Liabilities Agreement of the above
Reinsurer shall be amended as follows:

Under the terms of this Contract the above Reinsurer agrees to assume severally
and not jointly with other participants

 

Contract Year 1

   Participation  

Excess Layer 3

     10.000 % 

Excess Layer 4

     10.000 % 

 

Contract Year 2

   Participation  

Excess Layer 3

     6.421 % 

Excess Layer 4

     6.970 % 

of the liability in the layer(s) described in the attached Contract including
the same corresponding proportional participation of the Reinsurers’ additional
obligations set forth within the layer(s) upon which the Reinsurer participates
described above.

All other Terms and Conditions detailed on the original fully executed
Interests & Liabilities Agreement shall remain unchanged.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – ACETR DOC: May 31, 2015   

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Signed in                                 , on this              day of
                    , 20    

ACE TEMPEST REINSURANCE LIMITED

BY:                                                             

TITLE:                                                             

Signed in                                 , on this              day of
                    , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – ACETR DOC: May 31, 2015   

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ENDORSEMENT NO. 1

to the

INTERESTS AND LIABILITIES AGREEMENT

attaching to, and forming part of, the

MULTI-YEAR CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

ARCH REINSURANCE LTD.

(hereinafter called, with other participants, the “Reinsurer”)

Effective June 1, 2015, the Interests & Liabilities Agreement of the above
Reinsurer shall be amended as follows:

Under the terms of this Contract the above Reinsurer agrees to assume severally
and not jointly with other participants

 

Contract Year 1

   Participation  

Excess Layer 3

     5.000 % 

Excess Layer 4

     0.000 % 

 

Contract Year 2

   Participation  

Excess Layer 3

     3.211 % 

Excess Layer 4

     0.000 % 

of the liability in the layer(s) described in the attached Contract including
the same corresponding proportional participation of the Reinsurers’ additional
obligations set forth within the layer(s) upon which the Reinsurer participates
described above.

All other Terms and Conditions detailed on the original fully executed
Interests & Liabilities Agreement shall remain unchanged.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – ARCHL DOC: May 31, 2015   

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Signed in                                 , on this             day of
                    , 20    

ARCH REINSURANCE LTD.

BY:                                                             

TITLE:                                                             

Signed in                                 , on this              day of
                    , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – ARCHL DOC: May 31, 2015   

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ENDORSEMENT NO. 1

to the

INTERESTS AND LIABILITIES AGREEMENT

attaching to, and forming part of, the

MULTI-YEAR CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

DAVINCI REINSURANCE LTD.

(hereinafter called, with other participants, the “Reinsurer”)

Effective June 1, 2015, the Interests & Liabilities Agreement of the above
Reinsurer shall be amended as follows:

Under the terms of this Contract the above Reinsurer agrees to assume severally
and not jointly with other participants

 

Contract Year 1

   Participation  

Excess Layer 3

     16.250 % 

Excess Layer 4

     16.250 % 

 

Contract Year 2

   Participation  

Excess Layer 3

     10.434 % 

Excess Layer 4

     11.327 % 

of the liability in the layer(s) described in the attached Contract including
the same corresponding proportional participation of the Reinsurers’ additional
obligations set forth within the layer(s) upon which the Reinsurer participates
described above.

All other Terms and Conditions detailed on the original fully executed
Interests & Liabilities Agreement shall remain unchanged.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – DAVI DOC: May 31, 2015   

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Signed in                                 , on this              day of
                    , 20    

DAVINCI REINSURANCE LTD.

BY:                                                             

TITLE:                                                             

Signed in                                 , on this              day of
                    , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – DAVI DOC: May 31, 2015   

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ENDORSEMENT NO. 1

to the

INTERESTS AND LIABILITIES AGREEMENT

attaching to, and forming part of, the

MULTI-YEAR CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

EVEREST REINSURANCE COMPANY

(hereinafter called, with other participants, the “Reinsurer”)

Effective June 1, 2015, the Interests & Liabilities Agreement of the above
Reinsurer shall be amended as follows:

Under the terms of this Contract the above Reinsurer agrees to assume severally
and not jointly with other participants

 

Contract Year 1

   Participation  

Excess Layer 3

     0.000 % 

Excess Layer 4

     10.000 % 

 

Contract Year 2

   Participation  

Excess Layer 3

     0.000 % 

Excess Layer 4

     6.970 % 

of the liability in the layer(s) described in the attached Contract including
the same corresponding proportional participation of the Reinsurers’ additional
obligations set forth within the layer(s) upon which the Reinsurer participates
described above.

All other Terms and Conditions detailed on the original fully executed
Interests & Liabilities Agreement shall remain unchanged.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – EVRST DOC: May 31, 2015   

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Signed in                                 , on this              day of
                    , 20    

EVEREST REINSURANCE COMPANY

BY:                                                             

TITLE:                                                             

Signed in                                 , on this              day of
                    , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1–EVRST DOC: May 31, 2015   

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ENDORSEMENT NO. 1

to the

INTERESTS AND LIABILITIES AGREEMENT

attaching to, and forming part of, the

MULTI-YEAR CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

MONTPELIER REINSURANCE LTD.

(hereinafter called, with other participants, the “Reinsurer”)

Effective June 1, 2015, the Interests & Liabilities Agreement of the above
Reinsurer shall be amended as follows:

Under the terms of this Contract the above Reinsurer agrees to assume severally
and not jointly with other participants

 

Contract Year 1

   Participation  

Excess Layer 3

     13.000 % 

Excess Layer 4

     13.000 % 

 

Contract Year 2

   Participation  

Excess Layer 3

     8.347 % 

Excess Layer 4

     9.061 % 

of the liability in the layer(s) described in the attached Contract including
the same corresponding proportional participation of the Reinsurers’ additional
obligations set forth within the layer(s) upon which the Reinsurer participates
described above.

All other Terms and Conditions detailed on the original fully executed
Interests & Liabilities Agreement shall remain unchanged.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – MONTP DOC: May 31, 2015   

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Signed in                                 , on this              day of
                    , 20    

MONTPELIER REINSURANCE LTD.

BY:                                                             

TITLE:                                                             

Signed in                                 , on this              day of
                    , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – MONTP DOC: May 31, 2015   

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ENDORSEMENT NO. 1

to the

INTERESTS AND LIABILITIES AGREEMENT

attaching to, and forming part of, the

MULTI-YEAR CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

ODYSSEY REINSURANCE COMPANY

(hereinafter called, with other participants, the “Reinsurer”)

Effective June 1, 2015, the Interests & Liabilities Agreement of the above
Reinsurer shall be amended as follows:

Under the terms of this Contract the above Reinsurer agrees to assume severally
and not jointly with other participants

 

Contract Year 1

   Participation  

Excess Layer 3

     4.000 % 

Excess Layer 4

     4.000 % 

 

Contract Year 2

   Participation  

Excess Layer 3

     2.568 % 

Excess Layer 4

     2.788 % 

of the liability in the layer(s) described in the attached Contract including
the same corresponding proportional participation of the Reinsurers’ additional
obligations set forth within the layer(s) upon which the Reinsurer participates
described above.

All other Terms and Conditions detailed on the original fully executed
Interests & Liabilities Agreement shall remain unchanged.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – ODY DOC: May 31, 2015   

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Signed in                                 , on this              day of
                    , 20    

ODYSSEY REINSURANCE COMPANY

BY:                                                             

TITLE:                                                             

Signed in                                 , on this              day of
                    , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – ODY DOC: May 31, 2015   

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ENDORSEMENT NO. 1

to the

INTERESTS AND LIABILITIES AGREEMENT

attaching to, and forming part of, the

MULTI-YEAR CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

PARTNER REINSURANCE COMPANY LTD.

(hereinafter called, with other participants, the “Reinsurer”)

Effective June 1, 2015, the Interests & Liabilities Agreement of the above
Reinsurer shall be amended as follows:

Under the terms of this Contract the above Reinsurer agrees to assume severally
and not jointly with other participants

 

Contract Year 1

   Participation  

Excess Layer 3

     5.500 % 

Excess Layer 4

     0.000 % 

 

Contract Year 2

   Participation  

Excess Layer 3

     3.532 % 

Excess Layer 4

     0.000 % 

of the liability in the layer(s) described in the attached Contract including
the same corresponding proportional participation of the Reinsurers’ additional
obligations set forth within the layer(s) upon which the Reinsurer participates
described above.

All other Terms and Conditions detailed on the original fully executed
Interests & Liabilities Agreement shall remain unchanged.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – PARTN DOC: May 31, 2015   

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Signed in                                 , on this              day of
                    , 20    

PARTNER REINSURANCE COMPANY LTD.

BY:                                                             

TITLE:                                                             

Signed in                                 , on this              day of
                    , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – PARTN DOC: May 31, 2015   

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ENDORSEMENT NO. 1

to the

INTERESTS AND LIABILITIES AGREEMENT

attaching to, and forming part of, the

MULTI-YEAR CATASTROPHE EXCESS OF LOSS REINSURANCE CONTRACT

(hereinafter called the “Contract”)

EFFECTIVE: JUNE 1, 2014

issued to

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

(hereinafter called the “Reinsured”)

by

RENAISSANCE REINSURANCE, LTD.

(hereinafter called, with other participants, the “Reinsurer”)

Effective June 1, 2015, the Interests & Liabilities Agreement of the above
Reinsurer shall be amended as follows:

Under the terms of this Contract the above Reinsurer agrees to assume severally
and not jointly with other participants

 

Contract Year 1

   Participation  

Excess Layer 3

     16.250 % 

Excess Layer 4

     16.250 % 

 

Contract Year 2

   Participation  

Excess Layer 3

     10.436 % 

Excess Layer 4

     11.326 % 

of the liability in the layer(s) described in the attached Contract including
the same corresponding proportional participation of the Reinsurers’ additional
obligations set forth within the layer(s) upon which the Reinsurer participates
described above.

All other Terms and Conditions detailed on the original fully executed
Interests & Liabilities Agreement shall remain unchanged.

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – REN DOC: May 31, 2015   

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Signed in                                 , on this              day of
                    , 20    

RENAISSANCE REINSURANCE, LTD.

BY:                                                             

TITLE:                                                             

Signed in                                 , on this              day of
                    , 20    

HOMEOWNERS CHOICE PROPERTY & CASUALTY INSURANCE COMPANY, INC.

TAMPA, FLORIDA

BY:                                                             

TITLE:                                                             

 

 

ARP-HCI-02-CAT-201-14    I&L Endorsement No. 1 – REN DOC: May 31, 2015