# ITEM 5. LIMITS OF LIABILITY:

| (a) Layer | Per Occurrence Limit | Aggregate Limits of Primary and Underlying Excess Insurance |
| --- | --- | --- |
| 1 | US$ 25,000,000 part of US$ 200,000,000 excess of | US$ 200,000,000 |

(b) Annual Aggregate Limit: | US$ 200,000,000

(c) Annual Aggregate sublimit(s): | "Not Applicable"

# ITEM 6. SCHEDULE OF FOLLOWED POLICY(IES), PRIMARY POLICIES AND UNDERLYING EXCESS POLICIES

SEE ENDORSEMENT 1

# ITEM 7. Followed Policy:

Company: | American Home Assurance Company
Policy Number: | 9834910
Coverage: | Commercial Umbrella
Policy Period: | May 21, 2007 to May 21, 2008
Limits of Liability: | US$ 50,000,000

# ITEM 8. PREMIUM: | US$ 87,500

# ITEM 9. NOTICES TO THE COMPANY:

(a) All notices of Occurrence: | Claim Department
(b) All other notices: | Underwriting Department
At the address and numbers shown at the top of the Declarations Page.

# ITEM 10. (a) Representative of the Insured: | Arthur J Gallagher (UK) Ltd
(b) Address: | 9 Alie Street, London, E1 8DE United Kingdom