Accountability

Executive directors’ service contracts

The dates of the current service or employment contracts of each current executive director throughout the year, all of which are with the Company’s subsidiary, Amlin Corporate Services Limited, are as follows:

In each case salaries have been periodically increased since the original contract date. All of the executive directors’ contracts are on a full time basis, provide for 12 months' notice of termination on either side and automatically terminate on the director’s contractual retirement date. In the cases of Messrs Hextall, Holt and Philipps, the latter was agreed in 2006 to be amended to each of their sixty-fifth birthdays (previously sixtieth) in line with a choice given to employees generally. Mr Carpenter has retained his retirement date of sixty. There are no special provisions for compensation on termination in any director’s contract other than that the employer has the right to pay salary (and in the case of Mr Holt also an amount equal to other contractual benefits) in lieu of any required period of notice. Executive directors’ service or employment contracts are available for inspection at the Company’s registered office.

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