# IBM

## AGGREGATE PRODUCTS LOSSES

| Year | Losses Reserved | Losses Paid | Total Losses |
|------|-----------------|-------------|--------------|
| 1976 | $ 73,288        | $ 19,407    | $ 92,695     |
| 1977 | 17,747          | 1,038,843   | 1,056,590    |
| 1978 | 98,359          | 2,607       | 100,966      |
| 1/1/79-5/21/79 | 0              | 1,052       | 1,052        |
| 5/21/79/80 | 14,870         | 6,452       | 21,322       |

* Valued as of 1/13/81