Exhibit 10.15
Interests and Liabilities
Agreement
of
Catlin Insurance Company
Ltd.
Hamilton, Bermuda
(hereinafter referred to as the
“Subscribing Reinsurer”)
with respect to the
Multi-Year Excess
Catastrophe
Reinsurance
Contract
Effective: June 1,
2008
issued to
Homeowners Choice Property and
Casualty Insurance Company
Port St. Lucie, Florida
and
any other insurance companies which are now
or
hereafter come under the ownership, control or
management of
Homeowners Choice Property and Casualty
Insurance Company
(hereinafter referred to
collectively as the “Company”)
It Is Hereby Agreed
that the Subscribing
Reinsurer shall have a $2,485,500 part of the Per Loss
Occurrence Limit of Liability for all excess layers combined for
each Contract Year share in the interests and liabilities of the
“Reinsurer” as set forth in the attached Contract
captioned above. As respects the Subscribing
Reinsurer’s share in the attached Contract, at the
beginning of each Contract Year the Subscribing
Reinsurer’s $2,485,500 share shall be allocated by the
Company between the excess layers for that Contract Year, and the
amount allocated to each excess layer shall be divided by the
Reinsurer’s Per Lo
