# Risk Details

## Unique Market Reference
- **B1526CSUSA2407635**

## Type
- **Contract Classification:** Insurance
- **Description:** Excess Liability Insurance (Coinsurance Contract)

## Named Insured (The Policyholder)
- **Name:** International Business Machines Corporation and as more fully set forth in the Controlling Policy.
- **Address:** One New Orchard Road, Mail Drop 109, Armonk, New York 10504, United States of America

## Period
- **From:** 21st May 2024 at 12:01 am Local Standard Time at the address of the Named Insured
- **To:** 21st May 2025 at 12:01 am Local Standard Time at the address of the Named Insured

## Interest
- Covering in respect of the Insured's liability arising out of their business operations as more fully described in the Controlling Policy

## Limit of Liability
- **USD 60,000,000** Each Loss and in the Annual Aggregate
- **Excess of:** USD 165,000,000 Each Loss and in the Annual Aggregate

## Limits of Liability
- **USD 60,000,000** each Occurrence.
- **USD 60,000,000** annual aggregate where stated in the Controlling Policy.

## Excess Of:
- **USD 165,000,000** each Occurrence.
- **USD 165,000,000** annual aggregate where applicable.

## Which in Turn Excess Of:
- Various insurances and/or retentions as more fully set forth in the Controlling Policy.

## Situation
- Worldwide as more fully described in the Controlling Policy.

## Claims Basis
- **Claims Basis:** Losses Occurring Basis