Ratings S & P A.M. Best
Odyssey Reinsurance Company A A (Excellent) Financial Size XV
Odyssey Re Europe S.A.  A Not Applicable
Hudson Insurance Company Not Applicable A (Excellent) Financial Size XV
Hudson Excess Insurance Company A A (Excellent) Financial Size XV
Hilltop Specialty Insurance Company A A (Excellent) Financial Size XV
Newline Syndicate 1218 at Lloyd’s A+ Strong, Lloyd’s Market Rating A (Excellent)
Newline Insurance Company Limited Not Applicable A (Excellent) Financial Size XV
Newline Europe Versicherung AG
Not Applicable A (Excellent) Financial Size XV

Rating by Standard & Poor’s Standard & Poor’s

Standard & Poor’s, a division of The McGraw-Hill Companies, Inc., provides independent financial information, analytical services, and credit ratings to the world’s financial markets. For more information on Standard & Poor’s visit www.standardandpoors.com

Rating by A.M. Best Company

Best’s Ratings™ are under continuous review and subject to change and/or affirmation. For the latest Best’s Credit Ratings™, please visit the A.M. Best web site, www.ambest.com.