Annual PRA Insurance Returns for the ended 31 December 2014 IPRU(INS) Appendices 9.1, 9.2, 9.5, 9.6
Balance Sheet and Profit and Loss Account Contents Form 1 Statement of solvency - general insurance business 1 Form 3 Components of capital resources 2 Form 11 Calculation of general insurance capital requirement - 5 premiums amount and brought forward amount Form 12 Calculation of general insurance capital requirement - claims 6 amount and result Form 13 Analysis of admissible assets 7 Form 15 Liabilities (other than long term insurance business) 10 Form 16 Profit and loss account (non-technical account) 11 Form 17 Analysis of derivative contracts 12 General Insurance Business: Revenue Account and Additional Information Form 20A Summary of business carried on 13 Form 20 Technical account (excluding equalisation provisions) 16 Form 21 Accident accounting: Analysis of premiums 23 Form 22 Accident accounting: Analysis of claims, expenses and 30 technical provisions Form 23 Accident accounting: Analysis of net claims and premiums 37 Form 31 Accident accounting: Analysis of gross claims and 44 premiums by risk category for direct insurance and facultative reinsurance Form 32 Accident accounting: Analysis of gross claims and 48 premiums for motor vehicle direct insurance and facultative reinsurance Form 37 Equalisation provisions 51 Form 38 Equalisation provisions technical account: Accident accounting 52 Supplementary notes to the return 53 Additional information on reinsurance business 58 Additional information on derivative contracts 59 Additional information on controllers 60 Directors' Certificate 63 Auditor's Report 64
Form 1 Statement of solvency - general insurance business Solo solvency calculation Company GL/ registration UK/ day month Units CM R1 423930 GL 31 12 2014 000 As at end of this financial As at end of the previous 1 2 Capital resources Capital resources arising outside the long-term insurance fund 11 159519 138638 Capital resources allocated towards long-term insurance business arising outside the long-term insurance fund Capital resources available to cover general insurance business capital resources requirement (11-12) 12 13 159519 138638 Guarantee fund Guarantee fund requirement 21 20303 20294 Excess (deficiency) of available capital resources to cover guarantee fund requirement 22 139216 118344 Minimum capital requirement (MCR) General insurance capital requirement 31 60908 60883 Base capital resources requirement 33 2902 3146 Individual minimum capital requirement 34 60908 60883 Capital requirements of regulated related undertakings 35 Minimum capital requirement (34+35) 36 60908 60883 Excess (deficiency) of available capital resources to cover 50% of MCR 37 129065 108196 Excess (deficiency) of available capital resources to cover 75% of MCR 38 113838 92975 Capital resources requirement (CRR) Capital resources requirement 41 60908 60883 Excess (deficiency) of available capital resources to cover general insurance business CRR (13-41) 42 98611 77755 Contingent liabilities Quantifiable contingent liabilities in respect of other than long-term insurance business as shown in a supplementary note to Form 15 51 1
Components of capital resources Form 3 (Sheet 1) Company GL/ registration UK/ day month Units CM R3 423930 GL 31 12 2014 000 Core tier one capital General Long-term Total as at Total as at insurance insurance the end of the end of business business this financial the previous 1 2 3 4 Permanent share capital 11 7000 7000 7000 Profit and loss account and other reserves 12 136695 136695 94729 Share premium account 13 96053 96053 96053 Positive valuation differences 14 Fund for future appropriations Core tier one capital in related undertakings 15 16 Core tier one capital (sum of 11 to 16) 19 239748 239748 197782 Tier one waivers Unpaid share capital / unpaid initial funds and calls for supplementary contributions Implicit Items 22 Tier one waivers in related undertakings 23 21 Total tier one waivers as restricted (21+22+23) 24 Other tier one capital Perpetual non-cumulative preference shares as restricted Perpetual non-cumulative preference shares in related undertakings Innovative tier one capital as restricted Innovative tier one capital in related undertakings 25 26 27 28 Total tier one capital before deductions (19+24+25+26+27+28) Investments in own shares Intangible assets Amounts deducted from technical provisions for discounting Other negative valuation differences Deductions in related undertakings Deductions from tier one (32 to 36) Total tier one capital after deductions (31-37) 31 239748 239748 197782 32 33 18759 18759 6287 34 35 58613 58613 48840 36 37 77372 77372 55127 39 162376 162376 142655 2
Components of capital resources Form 3 (Sheet 2) Tier two capital Company GL/ registration UK/ day month Units CM R3 423930 GL 31 12 2014 000 General Long-term Total as at Total as at insurance insurance the end of the end of business business this financial the previous 1 2 3 4 Implicit items, (tier two waivers and amounts excluded from line 22) Perpetual non-cumulative preference shares excluded from line 25 Innovative tier one capital excluded from line 27 Tier two waivers, innovative tier one capital and perpetual non-cumulative preference shares treated as tier two capital (41 to 43) Perpetual cumulative preference shares Perpetual subordinated debt and securities 41 42 43 44 45 46 Upper tier two capital in related undertakings 47 Upper tier two capital (44 to 47) 49 Fixed term preference shares 51 Other tier two instruments 52 Lower tier two capital in related undertakings 53 Lower tier two capital (51+52+53) 59 Total tier two capital before restrictions (49+59) 61 Excess tier two capital 62 Further excess lower tier two capital Total tier two capital after restrictions, before deductions (61-62-63) 63 69 3
Components of capital resources Form 3 (Sheet 3) Total capital resources Company GL/ registration UK/ day month Units CM R3 423930 GL 31 12 2014 000 General Long-term Total as at Total as at insurance insurance the end of the end of business business this financial the previous 1 2 3 4 Positive adjustments for regulated non-insurance related undertakings Total capital resources before deductions (39+69+71) Inadmissible assets other than intangibles and own shares Assets in excess of market risk and counterparty limits Deductions for related ancillary services undertakings Deductions for regulated non-insurance related undertakings Deductions of ineligible surplus capital Total capital resources after deductions (72-73-74-75-76-77) 71 72 162376 162376 142655 73 2857 2857 4017 74 75 76 77 79 159519 159519 138638 Available capital resources for GENPRU/INSPRU tests Available capital resources for guarantee fund requirement Available capital resources for 50% MCR requirement Available capital resources for 75% MCR requirement 81 159519 159519 138638 82 159519 159519 138638 83 159519 159519 138638 Financial engineering adjustments Implicit items Financial reinsurance - ceded Financial reinsurance - accepted Outstanding contingent loans Any other charges on future profits Sum of financial engineering adjustments (91+92-93+94+95) 91 92 93 94 95 96 4
Calculation of general insurance capital requirement - premiums amount and brought forward amount Form 11 General insurance business Company GL/ registration UK/ day month Units CM R11 423930 GL 31 12 2014 000 Gross premiums written Premiums taxes and levies (included in line 11) Premiums written net of taxes and levies (11-12) Premiums for classes 11, 12 or 13 (included in line 13) Premiums for "actuarial health insurance" (included in line 13) Sub-total A (13 + 1/2 14-2/3 15) Gross premiums earned Premium taxes and levies (included in line 21) Premiums earned net of taxes and levies (21-22) Premiums for classes 11, 12 or 13 (included in line 23) Premiums for "actuarial health insurance" (included in line 23) Sub-total H (23 + 1/2 24-2/3 25) Sub-total I (higher of sub-total A and sub-total H) Adjusted sub-total I if is not a 12 month period to produce an annual figure Division of gross adjusted premiums amount sub-total I (or adjusted sub-total I if appropriate) Sub-total J (32-33) Claims paid in period of 3 s Claims outstanding carried forward at the end of the 3 period Claims outstanding brought forward at the beginning of the 3 period Sub-total C (41+42+43-44-45) Amounts recoverable from reinsurers in respect of claims included in Sub-total C Sub-total D (46-47) Reinsurance Ratio (Sub-total D /sub-total C or, if more, 0.50 or, if less, 1.00) Premiums amount (Sub-total J x reinsurance ratio) Provision for claims outstanding (before discounting and net of reinsurance Provision for claims outstanding (before discounting and gross of reinsurance) if both 51.1 and 51.2 are zero, otherwise zero Brought forward amount (See instruction 4) Greater of lines 50 and 53 x 0.18 Excess (if any) over 61.3M EURO x 0.02 For insurance business accounted for on an underwriting basis For insurance business accounted for on an accident basis For insurance business accounted for on an underwriting basis For insurance business accounted for on an accident basis This Previous 1 2 11 376543 375026 12 13 376543 375026 14 15 16 376543 375026 21 375875 359432 22 23 375875 359432 24 25 26 375875 359432 30 376543 375026 31 32 67778 67505 33 6569 6458 34 61208 61047 41 492658 490519 42 43 91969 102747 44 45 91994 126050 46 492633 467216 47 2419 1248 48 490214 465968 49 1.00 1.00 50 60908 60883 51 90741 102345 52 53 53980 55796 54 60908 60883 5
Form 12 Calculation of general insurance capital requirement - claims amount and result General insurance business Company GL/ registration UK/ day month Units CM R12 423930 GL 31 12 2014 000 Reference period (No. of months) See INSPRU 1.1.63R Claims paid in reference period This Previous 1 2 11 36 36 21 492658 490519 Claims outstanding carried forward at the end of the reference period Claims outstanding brought forward at the beginning of the reference period For insurance business accounted for on an underwriting basis For insurance business accounted for on an accident basis For insurance business accounted for on an underwriting basis For insurance business accounted for on an accident basis 22 23 91969 102747 24 25 91994 126050 Claims incurred in reference period (21+22+23-24-25) Claims incurred for classes 11, 12 or 13 (included in 26) Claims incurred for "actuarial health insurance" (included in 26) Sub-total E (26 +1/2 27-2/3 28) Sub-total F - Conversion of sub-total E to annual figure (multiply by 12 and divide by of months in the reference period) 26 492633 467216 27 28 29 492633 467216 31 164211 155739 Division of sub-total F (gross adjusted claims amount) Sub-total G (32-33) x 0.26 Excess (if any) over 42.9M EURO x 0.03 32 42695 40492 33 3917 3578 39 38778 36914 Claims amount Sub-total G x reinsurance ratio (11.49) Higher of premiums amount and brought forward amount (11.54) General insurance capital requirement (higher of lines 41 and 42) 41 38587 36815 42 60908 60883 43 60908 60883 6
Analysis of admissible assets Form 13 (Sheet 1) Category of assets Total other than long term insurance business assets Company GL/ Category registration UK/ day month Units of CM assets R13 423930 GL 31 12 2014 000 1 As at end of this As at end of the previous Land and buildings 11 Investments in group undertakings and participating interests UK insurance dependants Other insurance dependants Non-insurance dependants Other group undertakings Participating interests Other financial investments Equity shares 41 Other shares and other variable yield participations 42 21 22 23 24 1 2 25 2000 2000 26 27 28 166 2518 Holdings in collective investment schemes 43 310862 Rights under derivative contracts 44 576 Fixed interest securities Variable interest securities Participation in investment pools 49 Loans secured by mortgages 50 Other loans 53 Other financial investments 56 Deposits with ceding undertakings 57 Assets held to match linked liabilities Approved Other Loans to public or local authorities and nationalised industries or undertakings Loans secured by policies of insurance issued by the company Bank and approved credit & financial institution deposits Shares Debts and loans Shares Debts and loans Shares Debts and loans Shares Debts and loans Shares Debts and loans Approved Other One month or less withdrawal More than one month withdrawal Index linked Property linked 29 30 45 66923 86347 46 6700 254283 47 48 1780 51 52 54 25242 55 58 59 7
Analysis of admissible assets Form 13 (Sheet 2) Category of assets Total other than long term insurance business assets Company GL/ Category registration UK/ day month Units of CM assets R13 423930 GL 31 12 2014 000 1 As at end of this As at end of the previous Reinsurers' share of technical provisions Provision for unearned premiums Claims outstanding Provision for unexpired risks Other 1 2 60 14049 11079 61 1228 402 62 63 Debtors and salvage Direct insurance business Salvage and subrogation recoveries Reinsurance Dependants Other Other assets Tangible assets Policyholders Intermediaries Accepted Ceded due in 12 months or less due in more than 12 months due in 12 months or less due in more than 12 months 71 77551 72391 72 28332 30254 73 74 75 76 77 78 17 4 79 80 4171 503 Deposits not subject to time restriction on withdrawal with approved institutions Cash in hand Other assets (particulars to be specified by way of supplementary note) Accrued interest and rent Deferred acquisition costs (general business only) Other prepayments and accrued income 81 8388 7540 82 83 84 751 6368 85 61267 60064 86 1200 1278 Deductions from the aggregate value of assets 87 Grand total of admissible assets after deduction of admissible assets in excess of market risk and counterparty limits (11 to 86 less 87) 89 584181 562053 8
Analysis of admissible assets Form 13 (Sheet 3) Category of assets Total other than long term insurance business assets Company GL/ Category registration UK/ day month Units of CM assets R13 423930 GL 31 12 2014 000 1 As at end of this As at end of the previous 1 2 Reconciliation to asset values determined in accordance with the insurance accounts rules or international accounting standards as applicable to the firm for the purpose of its external financial reporting Total admissible assets after deduction of admissible assets in excess of market risk and counterparty limits (as per line 89 above) Admissible assets in excess of market and counterparty limits Inadmissible assets directly held Capital resources requirement deduction of regulated related undertakings Ineligible surplus capital and restricted assets in regulated related insurance undertakings Inadmissible assets of regulated related undertakings Book value of related ancillary services undertakings Other differences in the valuation of assets (other than for assets not valued above) Deferred acquisition costs excluded from line 89 Reinsurers' share of technical provisions excluded from line 89 Other asset adjustments (may be negative) Total assets determined in accordance with the insurance accounts rules or international accounting standards as applicable to the firm for the purpose of its external financial reporting (91 to 101) 91 584181 562053 92 93 21616 10304 94 95 96 97 98 99 100 101 102 605797 572357 Amounts included in line 89 attributable to debts due from related insurers, other than those under contracts of insurance or reinsurance 103 9
Form 15 Liabilities (other than long term insurance business) Technical provisions (gross amount) Company GL/ registration UK/ day month Units CM R15 423930 GL 31 12 2014 000 As at end of As at end of this financial the previous 1 2 Provisions for unearned premiums 11 195151 194483 Claims outstanding 12 91969 102747 Provision for unexpired risks 13 Equalisation provisions Credit business 14 Other than credit business 15 58613 48840 Other technical provisions 16 Total gross technical provisions (11 to 16) 19 345733 346070 Provisions and creditors Provisions Taxation 21 12385 9719 Other risks and charges 22 Deposits received from reinsurers 31 Creditors Debenture loans Direct insurance business 41 13493 15072 Reinsurance accepted 42 Reinsurance ceded 43 12288 4731 Secured 44 Unsecured 45 Amounts owed to credit institutions 46 Creditors Taxation 47 8604 8348 Foreseeable dividend 48 Other 49 30628 38092 Accruals and deferred income 51 1531 1383 Total (19 to 51) 59 424662 423415 Provision for "reasonably foreseeable adverse variations" 61 Cumulative preference share capital 62 Subordinated loan capital 63 Total (59 to 63) 69 424662 423415 Amounts included in line 69 attributable to liabilities to related insurers, other than those under contracts of insurance or reinsurance 71 21589 18784 Amounts deducted from technical provisions for discounting 82 Other adjustments (may be negative) 83 (58613) (48840) Capital and reserves 84 239748 197782 Total liabilities under insurance accounts rules or international accounting standards as applicable to the firm for the purpose of its external financial reporting (69-82+83+84) 85 605797 572357 10
Form 16 Profit and loss account (non-technical account) Company GL/ registration UK/ day month Units CM R16 423930 GL 31 12 2014 000 This financial Previous 1 2 Transfer (to)/from the general insurance business technical account Transfer from the long term insurance business revenue account From Form 20 11 30569 42533 Equalisation provisions 12 (9773) (9928) 13 Income 14 14197 15771 Value re-adjustments on Investment income 15 (2948) (9938) investments Gains on the realisation of investments Investment management charges, including interest Value re-adjustments on Investment charges 18 investments Loss on the realisation of investments Allocated investment return transferred to the general insurance business technical account Other income and charges (particulars to be specified by way of supplementary note) Profit or loss on ordinary activities before tax (11+12+13+14+15+16-17-18-19-20+21) 16 12064 17 656 529 19 657 20 21 29 43453 37252 Tax on profit or loss on ordinary activities 31 11260 9623 Profit or loss on ordinary activities after tax (29-31) 39 32193 27629 Extraordinary profit or loss (particulars to be specified by way of supplementary note) 41 Tax on extraordinary profit or loss 42 Other taxes not shown under the preceding items 43 Profit or loss for the (39+41-(42+43)) 49 32193 27629 Dividends (paid or foreseeable) 51 Profit or loss retained for the (49-51) 59 32193 27629 11
Form 17 Analysis of derivative contracts Category of assets Total other than long term insurance business assets Company GL/ Category registration UK/ day month Units of CM assets R17 423930 GL 31 12 2014 000 1 Derivative contracts Value as at the end of this Notional amount as at the end of this Futures and contracts for differences In the money options Out of the money options Interest rates 12 Inflation 13 Credit index / basket 14 Credit single name 15 Assets Liabilities Bought / Long Sold / Short 1 2 3 4 11 95 461 93337 11982 16 Equity stock 17 Land 18 Currencies 19 481 Mortality 20 Other 21 31 Equity index calls 32 Equity stock calls 33 Equity index puts 34 Equity stock puts 35 Other 36 Swaptions 41 Equity index calls 42 Equity stock calls 43 Equity index puts 44 Equity stock puts 45 Other 46 Total (11 to 46) 51 576 461 93337 11982 Adjustment for variation margin Total (51 + 52) Fixed-interest securities Equity index Swaptions 52 53 576 461 THE NOTIONAL AMOUNTS IN COLUMNS 3 AND 4 ARE NOT A MEASURE OF EXPOSURE. Please see instructions 11 and 12 to this Form for the meaning of these figures. 12
Form 20A General insurance business : Summary of business carried on (Sheet 1) Company registration GL/ UK/ CM R20A 423930 GL day month units 31 12 2014 000 Category PRA return general insurance business reporting category Gross Premium written in this Provision for undiscounted gross claims outstanding at the end of this Reported Incurred but not reported Provision for gross unearned premium at the end of this 1 2 3 4 001 Total business 1 376543 60225 29279 195151 002 Total primary (direct) and facultative business 2 376543 60225 29279 195151 003 Total treaty reinsurance accepted business 3 110 Total primary (direct) and facultative accident and health (category s 111 to 114) 4 120 Total primary (direct) and facultative personal lines motor business (category s 121 to 123) 5 1314 49 160 Primary (direct) and facultative household and domestic all risks 6 353917 51240 28164 185078 180 Total primary (direct) and facultative personal lines financial loss (category s 181 to 187) 7 22626 7671 1066 10073 220 Total primary (direct) and facultative commercial motor business (category s 221 to 223) 8 260 Total primary (direct) and facultative commercial lines property (category s 261 to 263) 9 270 Total primary (direct) and facultative commercial lines liability business (category s 271 to 274) 10 280 Total primary (direct) and facultative commercial lines financial loss (category s 281 to 284) 11 330 Total primary (direct) and facultative aviation (category s 331 to 333) 12 340 Total primary (direct) and facultative marine (category s 341 to 347) 13 350 Total primary (direct) and facultative goods in transit 14 400 Miscellaneous primary (direct) and facultative business 15 500 Total non-proportional treaty reinsurance business accepted (category s 510 to 590) 16 600 Total proportional treaty reinsurance business accepted (category s 610 to 690) 17 700 Miscellaneous treaty reinsurance accepted business 18 Total (lines 4 to 18) 20 376543 60225 29279 195151 13
Form 20A General insurance business : Summary of business carried on (Sheet 2) Company registration GL/ UK/ CM day month units R20A 423930 GL 31 12 2014 000 Category PRA return general insurance business reporting category Gross Premium written in this Provision for undiscounted gross claims outstanding at the end of this Reported Incurred but not reported Provision for gross unearned premium at the end of this 1 2 3 4 Primary (direct) and facultative personal lines business 111 Medical insurance 21 112 HealthCare cash plans 22 113 Travel 23 114 Personal accident or sickness 24 121 Private motor - comprehensive 25 1314 49 122 Private motor - non-comprehensive 26 123 Motor cycle 27 160 Household and domestic all risks (equals line 6) 28 353917 51240 28164 185078 181 Assistance 29 182 Creditor 30 22626 7671 866 10073 183 Extended warranty 31 184 Legal expenses 32 185 Mortgage indemnity 33 200 186 Pet insurance 34 187 Other personal financial loss 35 Primary (direct) and facultative commercial lines business 221 Fleets 41 222 Commercial vehicles (non-fleet) 42 223 Motor other 43 261 Commercial property 44 262 Consequential loss 45 263 Contractors or engineering all risks 46 271 Employers liability 47 272 Professional indemnity 48 273 Public and products liability 49 274 Mixed commercial package 50 281 Fidelity and contract guarantee 51 282 Credit 52 283 Suretyship 53 284 Commercial contingency 54 Primary (direct) and facultative aviation 331 Aviation liability 61 332 Aviation hull 62 333 Space and satellite 63 14
Form 20A General insurance business : Summary of business carried on (Sheet 3) Company registration GL/ UK/ CM day month units R20A 423930 GL 31 12 2014 000 Category PRA return general insurance business reporting category Gross Premium written in this Provision for undiscounted gross claims outstanding at the end of this Reported Incurred but not reported Provision for gross unearned premium at the end of this 1 2 3 4 Primary (direct) and facultative marine and transport 341 Marine liability 64 342 Marine hull 65 343 Energy (on and off-shore) 66 344 Protection and indemnity 67 345 Freight demurrage and defence 68 346 War risks 69 347 Yacht 70 350 Total primary (direct) and facultative goods in transit (equals line 14) 71 Primary (direct) and facultative miscellaneous 400 Miscellaneous primary (direct) and facultative business (equals line 15) 72 Non-proportional treaty 510 Non-proportional accident and health 81 520 Non-proportional motor 82 530 Non-proportional aviation 83 540 Non-proportional marine 84 550 Non-proportional transport 85 560 Non-proportional property 86 570 Non-proportional liability (non-motor) 87 580 Non-proportional financial lines 88 590 Non-proportional aggregate cover 89 Proportional treaty 610 Proportional accident and health 91 620 Proportional motor 92 630 Proportional aviation 93 640 Proportional marine 94 650 Proportional transport 95 660 Proportional property 96 670 Proportional liability (non-motor) 97 680 Proportional financial lines 98 690 Proportional aggregate cover 99 Treaty Reinsurance Miscellaneous Miscellaneous treaty reinsurance accepted business 700 101 (equals line 18) Total (lines 21 to 101) 111 376543 60225 29279 195151 15
Form 20 General insurance business : Technical account (excluding equalisation provisions) Total business Company GL/ Category registration UK/ day month Units CM R20 423930 GL 31 12 2014 000 001 Items to be shown net of reinsurance This Previous 1 2 Earned premium (21.19.5) 11 349587 336373 Claims incurred (22.17.4) 12 169053 160174 This 's underwriting (accident accounting) Claims management costs (22.18.4) 13 8150 10643 Adjustment for discounting (22.52.4) 14 Increase in provision for unexpired risks (22.19.4) Other technical income or charges (particulars to be specified by way of supplementary note) 15 16 Net operating expenses (22.42.4) 17 149732 140558 Balance of 's underwriting (11-12-13+14-15+16-17) 19 22652 24998 Earned premium (21.11.5) 21 Claims incurred (22.13.4) 22 (8673) (18497) Adjustment for prior s' underwriting (accident accounting) Claims management costs (22.14.4) 23 756 962 Adjustment for discounting (22.51.4) 24 Other technical income or charges (particulars to be specified by way of supplementary note) 25 Net operating expenses (22.41.4) 26 Balance (21-22-23+24+25-26) 29 7917 17535 Balance from underwriting accounting Per Form 24 (24.69.99-99) 31 Other technical income or charges (particulars to be specified by way of supplementary note) Total 39 32 Balance of all s' underwriting (19+29+39) 49 30569 42533 Allocated investment income 51 Transfer to non-technical account (49+51) 59 30569 42533 16
Form 20 General insurance business : Technical account (excluding equalisation provisions) Total primary (direct) and facultative business Company GL/ Category registration UK/ day month Units CM R20 423930 GL 31 12 2014 000 002 Items to be shown net of reinsurance This Previous 1 2 Earned premium (21.19.5) 11 349587 336373 Claims incurred (22.17.4) 12 169053 160174 This 's underwriting (accident accounting) Claims management costs (22.18.4) 13 8150 10643 Adjustment for discounting (22.52.4) 14 Increase in provision for unexpired risks (22.19.4) Other technical income or charges (particulars to be specified by way of supplementary note) 15 16 Net operating expenses (22.42.4) 17 149732 140558 Balance of 's underwriting (11-12-13+14-15+16-17) 19 22652 24998 Earned premium (21.11.5) 21 Claims incurred (22.13.4) 22 (8673) (18497) Adjustment for prior s' underwriting (accident accounting) Claims management costs (22.14.4) 23 756 962 Adjustment for discounting (22.51.4) 24 Other technical income or charges (particulars to be specified by way of supplementary note) 25 Net operating expenses (22.41.4) 26 Balance (21-22-23+24+25-26) 29 7917 17535 Balance from underwriting accounting Per Form 24 (24.69.99-99) 31 Other technical income or charges (particulars to be specified by way of supplementary note) Total 39 32 Balance of all s' underwriting (19+29+39) 49 30569 42533 Allocated investment income 51 Transfer to non-technical account (49+51) 59 30569 42533 17
Form 20 General insurance business : Technical account (excluding equalisation provisions) Total primary (direct) and facultative accident and health Company GL/ Category registration UK/ day month Units CM R20 423930 GL 31 12 2014 000 110 Items to be shown net of reinsurance This Previous 1 2 Earned premium (21.19.5) 11 Claims incurred (22.17.4) 12 This 's underwriting (accident accounting) Claims management costs (22.18.4) 13 Adjustment for discounting (22.52.4) 14 Increase in provision for unexpired risks (22.19.4) Other technical income or charges (particulars to be specified by way of supplementary note) 15 16 Net operating expenses (22.42.4) 17 Balance of 's underwriting (11-12-13+14-15+16-17) 19 Earned premium (21.11.5) 21 Claims incurred (22.13.4) 22 1 3 Adjustment for prior s' underwriting (accident accounting) Claims management costs (22.14.4) 23 Adjustment for discounting (22.51.4) 24 Other technical income or charges (particulars to be specified by way of supplementary note) 25 Net operating expenses (22.41.4) 26 Balance (21-22-23+24+25-26) 29 (1) (3) Balance from underwriting accounting Per Form 24 (24.69.99-99) 31 Other technical income or charges (particulars to be specified by way of supplementary note) Total 39 32 Balance of all s' underwriting (19+29+39) 49 (1) (3) Allocated investment income 51 Transfer to non-technical account (49+51) 59 (1) (3) 18
Form 20 General insurance business : Technical account (excluding equalisation provisions) Total primary (direct) and facultative personal lines motor business Company GL/ Category registration UK/ day month Units CM R20 423930 GL 31 12 2014 000 120 Items to be shown net of reinsurance This Previous 1 2 Earned premium (21.19.5) 11 Claims incurred (22.17.4) 12 This 's underwriting (accident accounting) Claims management costs (22.18.4) 13 Adjustment for discounting (22.52.4) 14 Increase in provision for unexpired risks (22.19.4) Other technical income or charges (particulars to be specified by way of supplementary note) 15 16 Net operating expenses (22.42.4) 17 Balance of 's underwriting (11-12-13+14-15+16-17) 19 Earned premium (21.11.5) 21 Claims incurred (22.13.4) 22 (68) 1183 Adjustment for prior s' underwriting (accident accounting) Claims management costs (22.14.4) 23 (1) 7 Adjustment for discounting (22.51.4) 24 Other technical income or charges (particulars to be specified by way of supplementary note) 25 Net operating expenses (22.41.4) 26 Balance (21-22-23+24+25-26) 29 69 (1190) Balance from underwriting accounting Per Form 24 (24.69.99-99) 31 Other technical income or charges (particulars to be specified by way of supplementary note) Total 39 32 Balance of all s' underwriting (19+29+39) 49 69 (1190) Allocated investment income 51 Transfer to non-technical account (49+51) 59 69 (1190) 19
Form 20 General insurance business : Technical account (excluding equalisation provisions) Primary (direct) and facultative household and domestic all risks Company GL/ Category registration UK/ day month Units CM R20 423930 GL 31 12 2014 000 160 Items to be shown net of reinsurance This Previous 1 2 Earned premium (21.19.5) 11 328063 315709 Claims incurred (22.17.4) 12 155243 146468 This 's underwriting (accident accounting) Claims management costs (22.18.4) 13 7742 10096 Adjustment for discounting (22.52.4) 14 Increase in provision for unexpired risks (22.19.4) Other technical income or charges (particulars to be specified by way of supplementary note) 15 16 Net operating expenses (22.42.4) 17 140711 131759 Balance of 's underwriting (11-12-13+14-15+16-17) 19 24367 27386 Earned premium (21.11.5) 21 Claims incurred (22.13.4) 22 (8353) (18733) Adjustment for prior s' underwriting (accident accounting) Claims management costs (22.14.4) 23 581 782 Adjustment for discounting (22.51.4) 24 Other technical income or charges (particulars to be specified by way of supplementary note) 25 Net operating expenses (22.41.4) 26 Balance (21-22-23+24+25-26) 29 7772 17951 Balance from underwriting accounting Per Form 24 (24.69.99-99) 31 Other technical income or charges (particulars to be specified by way of supplementary note) Total 39 32 Balance of all s' underwriting (19+29+39) 49 32139 45337 Allocated investment income 51 Transfer to non-technical account (49+51) 59 32139 45337 20
Form 20 General insurance business : Technical account (excluding equalisation provisions) Total primary (direct) and facultative personal lines financial loss business Company GL/ Category registration UK/ day month Units CM R20 423930 GL 31 12 2014 000 180 Items to be shown net of reinsurance This Previous 1 2 Earned premium (21.19.5) 11 21524 20664 Claims incurred (22.17.4) 12 13810 13706 This 's underwriting (accident accounting) Claims management costs (22.18.4) 13 408 547 Adjustment for discounting (22.52.4) 14 Increase in provision for unexpired risks (22.19.4) Other technical income or charges (particulars to be specified by way of supplementary note) 15 16 Net operating expenses (22.42.4) 17 9021 8799 Balance of 's underwriting (11-12-13+14-15+16-17) 19 (1715) (2388) Earned premium (21.11.5) 21 Claims incurred (22.13.4) 22 (253) (951) Adjustment for prior s' underwriting (accident accounting) Claims management costs (22.14.4) 23 176 173 Adjustment for discounting (22.51.4) 24 Other technical income or charges (particulars to be specified by way of supplementary note) 25 Net operating expenses (22.41.4) 26 Balance (21-22-23+24+25-26) 29 77 778 Balance from underwriting accounting Per Form 24 (24.69.99-99) 31 Other technical income or charges (particulars to be specified by way of supplementary note) Total 39 32 Balance of all s' underwriting (19+29+39) 49 (1638) (1610) Allocated investment income 51 Transfer to non-technical account (49+51) 59 (1638) (1610) 21
Form 20 General insurance business : Technical account (excluding equalisation provisions) Total primary (direct) and facultative commercial motor business Company GL/ Category registration UK/ day month Units CM R20 423930 GL 31 12 2014 000 220 Items to be shown net of reinsurance This Previous 1 2 Earned premium (21.19.5) 11 Claims incurred (22.17.4) 12 This 's underwriting (accident accounting) Claims management costs (22.18.4) 13 Adjustment for discounting (22.52.4) 14 Increase in provision for unexpired risks (22.19.4) Other technical income or charges (particulars to be specified by way of supplementary note) 15 16 Net operating expenses (22.42.4) 17 Balance of 's underwriting (11-12-13+14-15+16-17) 19 Earned premium (21.11.5) 21 Claims incurred (22.13.4) 22 1 Adjustment for prior s' underwriting (accident accounting) Claims management costs (22.14.4) 23 Adjustment for discounting (22.51.4) 24 Other technical income or charges (particulars to be specified by way of supplementary note) 25 Net operating expenses (22.41.4) 26 Balance (21-22-23+24+25-26) 29 (1) Balance from underwriting accounting Per Form 24 (24.69.99-99) 31 Other technical income or charges (particulars to be specified by way of supplementary note) Total 39 32 Balance of all s' underwriting (19+29+39) 49 (1) Allocated investment income 51 Transfer to non-technical account (49+51) 59 (1) 22
23 Form 21 General insurance business (accident accounting) : Analysis of premiums Total business Company GL/ registration UK/ day month Units Category CM R21 423930 GL 31 12 2014 000 001 Premiums receivable during the In respect of risks incepted in previous s 11 Gross premiums written Reinsurers' share Net of reinsurance Earned in previous Earned in previous Earned in previous s s s 1 3 5 Earned In this Unearned at end of this Earned In this Unearned at end of this Earned In this Unearned at end of this 1 2 3 4 5 6 In respect of risks incepted in previous s 12 (435) (435) In respect of risks incepted in this For periods of less than 12 months 13 12500 10073 1115 11385 10073 For periods of 12 months 14 169327 185078 14094 14049 155233 171029 For periods of more than 12 months 15 Premiums receivable (less rebates and refunds) in previous s not earned in those s and brought forward to the 16 194483 11079 183404 Total (12 to 16) 19 375875 195151 26288 14049 349587 181102
24 Form 21 General insurance business (accident accounting) : Analysis of premiums Total primary (direct) and facultative business Company GL/ registration UK/ day month Units Category CM R21 423930 GL 31 12 2014 000 002 Premiums receivable during the In respect of risks incepted in previous s 11 Gross premiums written Reinsurers' share Net of reinsurance Earned in previous Earned in previous Earned in previous s s s 1 3 5 Earned In this Unearned at end of this Earned In this Unearned at end of this Earned In this Unearned at end of this 1 2 3 4 5 6 In respect of risks incepted in previous s 12 (435) (435) In respect of risks incepted in this For periods of less than 12 months 13 12500 10073 1115 11385 10073 For periods of 12 months 14 169327 185078 14094 14049 155233 171029 For periods of more than 12 months 15 Premiums receivable (less rebates and refunds) in previous s not earned in those s and brought forward to the 16 194483 11079 183404 Total (12 to 16) 19 375875 195151 26288 14049 349587 181102
25 Form 21 General insurance business (accident accounting) : Analysis of premiums Total primary (direct) and facultative accident and health Company GL/ registration UK/ day month Units Category CM R21 423930 GL 31 12 2014 000 110 Premiums receivable during the In respect of risks incepted in previous s 11 Gross premiums written Reinsurers' share Net of reinsurance Earned in previous Earned in previous Earned in previous s s s 1 3 5 Earned In this Unearned at end of this Earned In this Unearned at end of this Earned In this Unearned at end of this 1 2 3 4 5 6 In respect of risks incepted in previous s 12 In respect of risks incepted in this For periods of less than 12 months 13 For periods of 12 months 14 For periods of more than 12 months 15 Premiums receivable (less rebates and refunds) in previous s not earned in those s and brought forward to the 16 Total (12 to 16) 19
26 Form 21 General insurance business (accident accounting) : Analysis of premiums Total primary (direct) and facultative personal lines motor business Company GL/ registration UK/ day month Units Category CM R21 423930 GL 31 12 2014 000 120 Premiums receivable during the In respect of risks incepted in previous s 11 Gross premiums written Reinsurers' share Net of reinsurance Earned in previous Earned in previous Earned in previous s s s 1 3 5 Earned In this Unearned at end of this Earned In this Unearned at end of this Earned In this Unearned at end of this 1 2 3 4 5 6 In respect of risks incepted in previous s 12 In respect of risks incepted in this For periods of less than 12 months 13 For periods of 12 months 14 For periods of more than 12 months 15 Premiums receivable (less rebates and refunds) in previous s not earned in those s and brought forward to the 16 Total (12 to 16) 19
27 Form 21 General insurance business (accident accounting) : Analysis of premiums Primary (direct) and facultative household and domestic all risks Company GL/ registration UK/ day month Units Category CM R21 423930 GL 31 12 2014 000 160 Premiums receivable during the In respect of risks incepted in previous s 11 Gross premiums written Reinsurers' share Net of reinsurance Earned in previous Earned in previous Earned in previous s s s 1 3 5 Earned In this Unearned at end of this Earned In this Unearned at end of this Earned In this Unearned at end of this 1 2 3 4 5 6 In respect of risks incepted in previous s 12 (488) (488) In respect of risks incepted in this For periods of less than 12 months 13 For periods of 12 months 14 169327 185078 14094 14049 155233 171029 For periods of more than 12 months 15 Premiums receivable (less rebates and refunds) in previous s not earned in those s and brought forward to the 16 184397 11079 173318 Total (12 to 16) 19 353236 185078 25173 14049 328063 171029
28 Form 21 General insurance business (accident accounting) : Analysis of premiums Total primary (direct) and facultative personal lines financial loss business Company GL/ registration UK/ day month Units Category CM R21 423930 GL 31 12 2014 000 180 Premiums receivable during the In respect of risks incepted in previous s 11 Gross premiums written Reinsurers' share Net of reinsurance Earned in previous Earned in previous Earned in previous s s s 1 3 5 Earned In this Unearned at end of this Earned In this Unearned at end of this Earned In this Unearned at end of this 1 2 3 4 5 6 In respect of risks incepted in previous s 12 53 53 In respect of risks incepted in this For periods of less than 12 months 13 12500 10073 1115 11385 10073 For periods of 12 months 14 For periods of more than 12 months 15 Premiums receivable (less rebates and refunds) in previous s not earned in those s and brought forward to the 16 10086 10086 Total (12 to 16) 19 22639 10073 1115 21524 10073
29 Form 21 General insurance business (accident accounting) : Analysis of premiums Total primary (direct) and facultative commercial motor business Company GL/ registration UK/ day month Units Category CM R21 423930 GL 31 12 2014 000 220 Premiums receivable during the In respect of risks incepted in previous s 11 Gross premiums written Reinsurers' share Net of reinsurance Earned in previous Earned in previous Earned in previous s s s 1 3 5 Earned In this Unearned at end of this Earned In this Unearned at end of this Earned In this Unearned at end of this 1 2 3 4 5 6 In respect of risks incepted in previous s 12 In respect of risks incepted in this For periods of less than 12 months 13 For periods of 12 months 14 For periods of more than 12 months 15 Premiums receivable (less rebates and refunds) in previous s not earned in those s and brought forward to the 16 Total (12 to 16) 19
General insurance business (accident accounting) : Analysis of claims, expenses and technical provisions Form 22 Name of company Total business Company GL/ registration UK/ day month Units Category CM R22 423930 GL 31 12 2014 000 001 Claims incurred in respect of incidents occurring prior to this financial Claims incurred in respect of incidents occurring in this financial Amount brought Amount Amount carried Amount forward from payable/receivable forward to next attributable to this previous financial in this financial 1 2 3 4 Gross amount 11 98752 68362 22931 (7459) Reinsurers' share 12 402 647 969 1214 Net (11-12) 13 98350 67715 21962 (8673) Claims management costs 14 3995 4107 644 756 Gross amount 15 102795 66572 169367 Reinsurers' share 16 55 259 314 Net (15-16) 17 102740 66313 169053 Claims management costs 18 6328 1822 8150 Provision for unexpired risks 19 Commissions 21 46249 91356 47161 90444 Net operating expenses Adjustments for discounting in respect of the items shown at lines 11 to 18 above Split of line 29 Split of line 39 Other acquisition expenses 22 13815 27024 14106 26733 Administrative expenses 23 35440 35440 Reinsurance commissions and profit participations 24 1383 3033 1531 2885 Total (21+22+23-24) 29 58681 150787 59736 149732 Gross amount 31 Reinsurers' share 32 Claims management costs 33 Total (31-32+33) 39 Prior s 41 This 42 58681 150787 59736 149732 Incidents occurring prior to this Incidents occurring in this 51 52 30
General insurance business (accident accounting) : Analysis of claims, expenses and technical provisions Form 22 Name of company Total primary (direct) and facultative business Company GL/ registration UK/ day month Units Category CM R22 423930 GL 31 12 2014 000 002 Claims incurred in respect of incidents occurring prior to this financial Claims incurred in respect of incidents occurring in this financial Amount brought Amount Amount carried Amount forward from payable/receivable forward to next attributable to this previous financial in this financial 1 2 3 4 Gross amount 11 98752 68362 22931 (7459) Reinsurers' share 12 402 647 969 1214 Net (11-12) 13 98350 67715 21962 (8673) Claims management costs 14 3995 4107 644 756 Gross amount 15 102795 66572 169367 Reinsurers' share 16 55 259 314 Net (15-16) 17 102740 66313 169053 Claims management costs 18 6328 1822 8150 Provision for unexpired risks 19 Commissions 21 46249 91356 47161 90444 Net operating expenses Adjustments for discounting in respect of the items shown at lines 11 to 18 above Split of line 29 Split of line 39 Other acquisition expenses 22 13815 27024 14106 26733 Administrative expenses 23 35440 35440 Reinsurance commissions and profit participations 24 1383 3033 1531 2885 Total (21+22+23-24) 29 58681 150787 59736 149732 Gross amount 31 Reinsurers' share 32 Claims management costs 33 Total (31-32+33) 39 Prior s 41 This 42 58681 150787 59736 149732 Incidents occurring prior to this Incidents occurring in this 51 52 31
General insurance business (accident accounting) : Analysis of claims, expenses and technical provisions Form 22 Name of company Total primary (direct) and facultative accident and health Company GL/ registration UK/ day month Units Category CM R22 423930 GL 31 12 2014 000 110 Claims incurred in respect of incidents occurring prior to this financial Claims incurred in respect of incidents occurring in this financial Amount brought Amount Amount carried Amount forward from payable/receivable forward to next attributable to this previous financial in this financial 1 2 3 4 Gross amount 11 1 1 Reinsurers' share 12 Net (11-12) 13 1 1 Claims management costs 14 Gross amount 15 Reinsurers' share 16 Net (15-16) 17 Claims management costs 18 Provision for unexpired risks 19 Commissions 21 Net operating expenses Adjustments for discounting in respect of the items shown at lines 11 to 18 above Split of line 29 Split of line 39 Other acquisition expenses 22 Administrative expenses 23 Reinsurance commissions and profit participations 24 Total (21+22+23-24) 29 Gross amount 31 Reinsurers' share 32 Claims management costs 33 Total (31-32+33) 39 Prior s 41 This 42 Incidents occurring prior to this Incidents occurring in this 51 52 32
General insurance business (accident accounting) : Analysis of claims, expenses and technical provisions Form 22 Name of company Total primary (direct) and facultative personal lines motor business Company GL/ registration UK/ day month Units Category CM R22 423930 GL 31 12 2014 000 120 Claims incurred in respect of incidents occurring prior to this financial Claims incurred in respect of incidents occurring in this financial Amount brought Amount Amount carried Amount forward from payable/receivable forward to next attributable to this previous financial in this financial 1 2 3 4 Gross amount 11 1530 99 1362 (69) Reinsurers' share 12 (1) (2) (1) Net (11-12) 13 1531 99 1364 (68) Claims management costs 14 15 14 (1) Gross amount 15 Reinsurers' share 16 Net (15-16) 17 Claims management costs 18 Provision for unexpired risks 19 Commissions 21 Net operating expenses Adjustments for discounting in respect of the items shown at lines 11 to 18 above Split of line 29 Split of line 39 Other acquisition expenses 22 Administrative expenses 23 Reinsurance commissions and profit participations 24 Total (21+22+23-24) 29 Gross amount 31 Reinsurers' share 32 Claims management costs 33 Total (31-32+33) 39 Prior s 41 This 42 Incidents occurring prior to this Incidents occurring in this 51 52 33
General insurance business (accident accounting) : Analysis of claims, expenses and technical provisions Form 22 Name of company Primary (direct) and facultative household and domestic all risks Company GL/ registration UK/ day month Units Category CM R22 423930 GL 31 12 2014 000 160 Claims incurred in respect of incidents occurring prior to this financial Claims incurred in respect of incidents occurring in this financial Amount brought Amount Amount carried Amount forward from payable/receivable forward to next attributable to this previous financial in this financial 1 2 3 4 Gross amount 11 87923 59854 20789 (7280) Reinsurers' share 12 139 263 949 1073 Net (11-12) 13 87784 59591 19840 (8353) Claims management costs 14 3794 3761 614 581 Gross amount 15 96741 58615 155356 Reinsurers' share 16 113 113 Net (15-16) 17 96741 58502 155243 Claims management costs 18 6079 1663 7742 Provision for unexpired risks 19 Commissions 21 44116 86300 44997 85419 Net operating expenses Adjustments for discounting in respect of the items shown at lines 11 to 18 above Split of line 29 Split of line 39 Other acquisition expenses 22 13178 25782 13483 25477 Administrative expenses 23 32700 32700 Reinsurance commissions and profit participations 24 1383 3033 1531 2885 Total (21+22+23-24) 29 55911 141749 56949 140711 Gross amount 31 Reinsurers' share 32 Claims management costs 33 Total (31-32+33) 39 Prior s 41 This 42 55911 141749 56949 140711 Incidents occurring prior to this Incidents occurring in this 51 52 34
General insurance business (accident accounting) : Analysis of claims, expenses and technical provisions Form 22 Name of company Total primary (direct) and facultative personal lines financial loss business Company GL/ registration UK/ day month Units Category CM R22 423930 GL 31 12 2014 000 180 Claims incurred in respect of incidents occurring prior to this financial Claims incurred in respect of incidents occurring in this financial Amount brought Amount Amount carried Amount forward from payable/receivable forward to next attributable to this previous financial in this financial 1 2 3 4 Gross amount 11 9299 8408 780 (111) Reinsurers' share 12 264 384 22 142 Net (11-12) 13 9035 8024 758 (253) Claims management costs 14 186 346 16 176 Gross amount 15 6054 7957 14011 Reinsurers' share 16 55 146 201 Net (15-16) 17 5999 7811 13810 Claims management costs 18 249 159 408 Provision for unexpired risks 19 Commissions 21 2133 5056 2164 5025 Net operating expenses Adjustments for discounting in respect of the items shown at lines 11 to 18 above Split of line 29 Split of line 39 Other acquisition expenses 22 637 1242 623 1256 Administrative expenses 23 2740 2740 Reinsurance commissions and profit participations 24 Total (21+22+23-24) 29 2770 9038 2787 9021 Gross amount 31 Reinsurers' share 32 Claims management costs 33 Total (31-32+33) 39 Prior s 41 This 42 2770 9038 2787 9021 Incidents occurring prior to this Incidents occurring in this 51 52 35