By this letter, I hereby to you the reserve, setlement and payment authority for the Property and Energy line of business and within the geographic area(s)specified below, effective as of January 1, 2015. This grant of authority supersedes any and all prior grants of reserve, settlement or payment authority. As Complex Adjuster, Property & Energy, your are hereby authorized to approve all reserves up to USD50,000 and settlements & payments up to USD20,000 within the Global Commercial Property & Energy claims lines of business for losses handled in Thailand. Unless otherwise earlier modified or revoked, this grant of authority will remain in effect until the earlier to occur of (i) December 31, 2015 and (ii) the date upon which you no longer hold the position of Complex Adjuster, Property & Energy.