Document GKZ0VxmBqEx3J9xQqgJ3k7Jxx

PROFILE - NEU ASBESTOS ACCOUNT * .* Month of .May .1983 c *. NAME: Reynolds Metals Company - Tilo Company ^ --tT r'~`in 11 PRODUCTS: Asbestos.Roofing Shingles POLICY YEAR(S): 9-30-46 to 9-30-61 9-30-61 to 9-30-66 9-30-79 to 9-30-81 AGGREGATE: 61-66 - $10,000,000 CSL 79-81 - $ 5,000,000 CSL* PROFIT CEKIER: SLG - Field ORjj RICH - 179 - C-l FINANCIAL IMPACT: Considering the amount of coverage over the years that future settlements should have no financial impact on the assured for a sub stantial period of time. * INCURRED NO. LOSSES CLAIM EXPENSE Initial: 110 500. 500 Projected: With a shift in asbestos litigation to the roofing & siding industry it can be expected that the number of*claims will grow substantially. ' . * . .. * COMMENTS: Tilo Company was formerly known as:Tilo Roofing until purchased by Reynolds MetalsiinI 1963.In 1980 the name was changed to Reynolds _ . * Aluminum Building Products Company, Inc. Tilo purchased asbestos " from Johns-Manville until 1971 to manufacture asbestos siding and roofing. Tilo reportedly sold some finished-siding and roofing to Johns- Manville which brought about insured's involvement -in this asbestos litigation of Johns-Manville employees, as 'shown above we are the present carrier. We have agreed to defend.the insured under a reservation of rights regarding-the' gaps or period covered by Liberty Mutual. Frahcife B. Cole, Jr. G Claim Account Executive Environmental Claim Office - 5FP Y426/M51I/4 . EBT 312299 RMC0800280000107