EXHIBIT D AMERICAN INTERNATIONAL GROUP, INC. 70 PINE STREET, NEW YORK, NY 10270 TELEPHONE: (212) 770-7000 October 25, 2005 Citigroup Global Markets Inc. 388 Greenwich Street New York, New York, 10013 Morgan Stanley & Co. Incorporated 1585 Broadway New...American International Group Inc • December 20th, 2005 • Fire, marine & casualty insurance
The undersigned understands that the Managers propose to enter into an Underwriting Agreement (the "UNDERWRITING AGREEMENT") with IPC Holdings, Ltd., a Bermuda company (the "COMPANY") providing for the public offering (the "PUBLIC OFFERING") by the several Underwriters (the "UNDERWRITERS"), of 12,000,000 shares (the "SHARES") of the Common Shares, $.01 par value per share, of the Company (the "COMMON STOCK").
