**USD 25,000,000**
**Annual Aggregate (where applicable)**

**And In Respect of Punitive Damages:**
**Company:** GAI Insurance Company, Ltd.

*Which is in turn excess of*

The Followed Policy detailed in Item 4(a) of the Declarations and In Respect of Punitive Damages:
**Company:** ACE Property and Casualty Insurance Company

The Followed Policy is in excess of the underlying insurances and/or self-insured retentions listed in the schedule(s) of underlying policies and/or self-insured retentions attached to the Followed Policy.

Note that the policy term for all policies listed is May 21, 2017 to May 21, 2018 unless otherwise stated.