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EXHIBIT 10.3
 

 
TERMINATION ADDENDUM
 
CASUALTY AND SPECIALTY QUOTA SHARE RETROCESSION AGREEMENT
 
BY AND BETWEEN
 
PLATINUM UNDERWRITERS BERMUDA, LTD.
 
and
 
PLATINUM UNDERWRITERS REINSURANCE, INC.
 
IT IS HEREBY MUTUALLY AGREED that effective December 31, 2007, the Casualty and
Specialty Quota Share Retrocession Agreement dated as of January 1, 2007, by and
between Platinum Underwriters Reinsurance, Inc., a Maryland domiciled insurance
company (the “Retrocedent”), and Platinum Underwriters Bermuda, Ltd. (the
“Retrocessionaire”), is terminated pursuant to this Termination Addendum ( the
“Addendum”).
 
IN WITNESS WHEREOF, the parties have caused this Addendum to be executed in
duplicate by their respective officers duly authorized so to do, on the date set
forth below.
 

 
 
Platinum Underwriters Bermuda, Ltd.

 
By:/s/ Les Waters

 
Name: Les Waters

 
Title:   Vice President

 
Date:   4/1/08

 
 
Platinum Underwriters Reinsurance, Inc.

 
By:/s/ Kevin Marine

 
Name: Kevin Marine

 
Title:   Senior Vice President and

 
            Chief Operating Officer

 
Date:   3/27/08