# Reinsurance Layoff

## Assured
- **International Business Machine**

## Policy Details
- **Policy No:** 
- **Effective Date of this Reinsurance:** 5-21-70
- **Policy Limit:** 1,000,000

## I. Quota Share
- **Limits:** 250,000
- **Reinsurance Premium:** 720.00

| Reinsurer | Broker | Percent of Quota Share | TOTAL COMM. TO LEX. | Closing Cert. No |
|-----------|--------|------------------------|---------------------|------------------|
| Class 908C | 1st Layer | 10%                    | 19%                 |                  |

## II. Excess of Loss
- **Limits:** 250,000
- **Reinsurance Premium:** 480.00

| Reinsurer | Broker | Percent of Excess Line | TOTAL COMM. TO LEX. | Closing Cert. No |
|-----------|--------|------------------------|---------------------|------------------|
| Class 908C | 2nd Layer | 10%                    | 17%                 |                  |

## Underwriter
- **Date:** 7/6/1970