**National Facultive Services Inc.**

5 MARINEVIEW PLAZA
HOBOKEN, NEW JERSEY 07030

TELEX: 645851

**(201) 966-4600**

TO: American International Group (99 John St.)
RE: International Business Machines R/I National Union/American Home XS FF Umb
DATE: 11/23/81
ATTN: Chuck Chicarelli
POLICY NO: 9910310 & CE 364 0505

We confirmed placement of the captioned account on ________ under our Cover Note No. ________.
Please forward your policy for transmittal to reinsurers.

Enclosed please find our Cover Note Endorsement No. ________.

Please note we have issued this in concurrence with your policy and have requested appropriate reinsurance endorsements.

Please note this is for your file only.

Please note that we look forward to receipt of your corresponding policy endorsement.

Enclosed please find the following reinsurance certificates:

Enclosed please find the following reinsurance endorsements:
no. 2 to American Centennial (DAR 8788) no. 2 to Reinsurance Corp. of NY (C02006)
no. 2 to Mead Reinsurance (DAR 8789) no. 2 to Unity Fire (A1025)
no. 3 to Continental Casualty (3636852) no. 3 to Cologne Reins. Co. (A0000179)
no. 2 to Fremont Indemnity (G12447) no. 2 to Metropolitan Re (FC 01490)
no. 2 to Gerling Global (7122783) no. 3 to Security Reinsurance (SFC 00196)
no. 2 to Mission Ins. (MRC 515093) no. 3 to Skandia America (SN 26176)
no. 2 to Mony Reinsurance (C11825)
no. 2 to New England Reins. Corp. (260922)

Please furnish the audit report for the period of ________.

Other The enclosed cert. ends. amend the Canadian Policy to CE 364 0505 in lieu of CE 364 0492.

We wish to draw your attention to the current trend among reinsurers to add changes to their certificates, and we suggest that you review these enclosures carefully for any such change. If you have any doubts or question, please advise us promptly.

By: Leon F. Gonzalez

CEDING CO. TRANSMITTAL