# General Reinsurance Corporation

400 Park Avenue  
New York, New York 10022  
(herein called the Reinsurer)

In consideration of the premium, and subject to the terms, conditions and limits of liability set forth herein and in the Declarations made a part hereof, does hereby agree with the party or parties named in Item 1 of the Declarations (herein called the Reinsured) as follows:

## REINSURING AGREEMENT AND CONDITIONS

A. WHEREAS certain insurance carriers have issued to the Reinsured a policy or policies of underlying excess insurance providing coverage as described in Item 2 of the Declarations,

B. AND WHEREAS certain other insurance carriers have also issued to the Reinsured an additional policy or policies of excess insurance providing coverage as described in Item 3 of the Declarations,

C. NOW THEREFORE, this Certificate is to further indemnify the Reinsured against ultimate net loss in excess of the total of all applicable limits of insurance described in A and B above, but only up to an amount not exceeding the limit shown in Item 4 of the Declarations.

D. THE PREMIUM DUE the Reinsurer for this excess reinsurance is shown in Item 5 of the Declarations and is payable upon delivery of this Certificate.

E. THE TERM of this excess reinsurance, unless otherwise cancelled, shall be as shown in Item 6 of the Declarations.

## CONDITIONS

(1) This Certificate is subject to the same warranties, terms and conditions (except as regards the premium, the obligation to investigate and defend, the amount and limits of liability and the renewal agreement, if any, and except as otherwise provided herein) as are contained in or as may be added to

(a) the additional excess insurance described in Item 3 of the Declarations, or

(b) in the absence of any additional excess insurance as might properly be described in Item 3 of the Declarations, to the underlying excess insurance described in Item 2 of the Declarations.

The Reinsurer shall be furnished, upon request, with copies of any policies or endorsements issued in respect of any insurance or reinsurance underlying this Certificate, and shall be notified as soon as practicable of any changes therein which in any manner affect this excess reinsurance.