Odyssey Re Holdings Corp. (the “Company” or “OdysseyRe”) is a Delaware domiciled company which was incorporated on March 21, 2001, to serve as the holding company for its wholly owned subsidiary Odyssey America Reinsurance Corporation (“Odyssey America”) and Odyssey America’s subsidiaries, Clearwater Insurance Company (“Clearwater”) (formerly Odyssey Reinsurance Corporation), Odyssey UK Holdings Corporation (“UK Holdings”), Newline Underwriting Management Ltd. which owns and manages a syndicate at Lloyd’s, Newline Syndicate 1218 (collectively, “Newline”), Hudson Insurance Company (“Hudson”) and Hudson Specialty Insurance Company (see note 3).