Recovery Calculation for Risk Claims

Protection

Insured Period: 01.01.06-31.12.06
Aggregate Limit: USD 6.000.000
Cover: USD 3.000.000
Excess: USD 2.000.000
Claim Basis: Losses occurring
Claim Sequence: Date of Settlement

Assumption: The Per Event Per Risk Indicator for the Reinsurance Product is set to Per Risk, or Per Risk Or Event.