**SEVERAL LIABILITY FOR QUOTA SHARE COVERAGE ENDORSEMENT**

In consideration of the premium charged, it is agreed that the Company's liability for Loss under this Policy is solely for its proportionate or quota share of the applicable limits of liability as set forth in Item 4., of the Declarations. Further, the Company's liability is several and not joint, and, in no event shall the Company be liable for the proportionate or quota share of any other insurer or entity participating on the same layer of coverage as this Policy.

The terms, declarations, insuring agreements, definitions, exclusions and conditions of this Policy otherwise remain unchanged.

**XL INSURANCE (BERMUDA) LTD**

By: **VICTORIA BENEVIDES**

Title: ASSISTANT VICE PRESIDENT

Date: SEPTEMBER 8, 2008

Ref.: XSOCC-301.02

**XL INSURANCE**