Document r6N349beM5OKwQpNon3Zq3mDE

PROFILE - NEW ASBESTOS ACCOUNT Month of May ---------------------- NAME: Reynolds Metals Company - Tilo Company PRODUCTS: Asbestos.Roofing Shingles POLICT 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 CENTER: SLG - Field ** ORP: .. '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: HO . . 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 Metalsiinl 196 3. 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. Francis B. Cole, Jr. Claim 'Account Executive Environmental Claim Office - 5FP Y426/H51I/4 - EE r 312299' RMC0800280000107