Howard I. Smith

Director and Vice Chairman, Finance, C.V. Starr & Co., Inc.

Mr. Howard I. Smith is a Director and the Vice Chairman Finance of C. V. Starr, a member of Starr Companies. Previously, Mr. Smith was Vice Chairman and Chief Financial Officer of AIG, where he was responsible for AIG's Treasury, Investor Relations, Credit & Market Risk Management functions, in addition to the Comptroller's Department.

Prior to joining Starr Companies, he spent 19 years with Coopers & Lybrand and was the partner in charge of the firm's New York office insurance practice.

Mr. Smith earned his B.B.A. degree in accounting from the City College of New York in 1965. He is a member of the American Institute of Certified Public Accountants, the New York Society of Certified Public Accountants and was one of the North American representatives on the Insurance Working Group of the International Accounting Standards Board. Mr. Smith is Chairman of the Advisory Council of the Weissman Center for International Business of Baruch College

A.M. Best Financial Strength Rating

Starr Indemnity & Liability Company holds an A.M. Best financial strength rating (FSR) of "A" (Excellent), Financial Size Category XIV, and an issuer credit rating (ICR) of "a".

Starr Syndicate Limited at Lloyd's of London holds an A.M. Best FSR of "A" (Excellent), Financial Size Category XV, and a Standard & Poor's rating of "A+" (Strong) (Lloyd's of London market ratings).

Effective Date: October 20, 2014

Starr Surplus Lines Insurance Company holds an A.M. Best FSR of "A" (Excellent), Financial Size Category XV, and a ICR of "a".

Starr International Insurance (Asia) Ltd. holds an A.M. Best FSR of “A” (Excellent), Financial Size Category XV an ICR of “a”.

Starr Insurance & Reinsurance Limited holds an A.M. Best FSR rating of “A” (Excellent), Financial Size Category XV, and an ICR of “a”.