**Greiner**
Johnson & Higgins (N.Y.)
WIT 3/60
5-18-90

**International Business Machines**
UMBRELLA
150,000,000
TWO DAYS TO GO

X/S 130,000,000 - STANDARD UMBRELLA
3RD PARTY - ONLY
1200 per mil per 3 yrs
NO E&O

NEEDS OUR 2,000,000 IS 12,000,000 SHORT

LOSSES - LARGEST = 200,000 AUTOMOBILE
premium is $200,000
100/100/10

EVERYBODY IS IN.

WILL PLACE THROUGH BY NEWLEY

FIRST UMBRELLA IS CNA

1,000,000 ON X/S 140,000,000
BIND EFF 5/24/90

5/21/90 - GREINER
BEST BUSINESS, MARITIME
+ COMPUTERS, CO SUBSIDARY
INDUSTRIAL AND INSURANCE