# STARR EXCESS Liability Insurance International Limited

**Endorsement No:** 2 [FFOC]

## ARBITRATION AND CHOICE OF LAW ENDORSEMENT (Contd.)

### 2. CHOICE OF LAW

This Policy shall be construed in accordance with the internal laws of the State of New York (with the exception of: (a) the insurability of punitive damages, which shall be insurable under this Policy regardless of whether punitive damages are uninsurable under the Followed Policy by reason of applicable law and (b) the procedural law required by Paragraph 1. of this Endorsement which shall be construed in accordance with the laws of the United Kingdom), provided, however, that, notwithstanding any legal principles to the contrary, the warranties, terms, conditions, exclusions and limitations of this Policy are to be construed in an evenhanded fashion between the Insured and the Insurer. Without limitation, where the language of this Policy is deemed to be ambiguous or otherwise unclear, the issues shall be resolved in the manner most consistent with the warranties, terms, conditions, exclusions and limitations viewed as a whole (without regard to authorship of the language and without any presumption or arbitrary interpretation or construction in favor of either the Insured or the Insurer.)

All other terms and conditions of this Policy remain unchanged.

**Karen J. Roake**

**Authorized Representative**

**3 of 3**

**Date of Issuance:** January 7, 1999

**FFOC 401.01 IMB 2**