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					ECR Calculation - Summary                                                                                                                                                                                  Form ECR1
Only enter data in yellow shaded boxes. See IPRU(INS) Appendix 9:10 for instructions on completing Form ECR1                                                                                               Sheet 1

Name of insurer                                                                                                          Company registration number

Financial Year Ended
                                                                                                    £ 000        Source:
Capital Resources                                                                       1                        Form:1 Line:13 Col:1
Individual Capital Requirement                                                          2                        Form:1 Line:34 Col:1

ECR Calculation
Asset Charge                                                                            3                        Sheet 2: Asset-related Capital Requirement
Premium Charge - Accident Year Business                                                 4                 0      Sheet 3: Insurance-related Capital Requirement - Accident Year Business
Technical Provision Charge - Accident Year Business                                     5                 0      Sheet 3: Insurance-related Capital Requirement - Accident Year Business
Premium Charge - Underwriting Year Business                                             6                 0      Sheet 4: Insurance-related Capital Requirement - Underwriting Year Business
Technical Provision Charge - Underwriting Year Business                                 7                 0      Sheet 4: Insurance-related Capital Requirement - Underwriting Year Business
Less Equalisation Provisions                                                            8                        Form:15 Line:14+15 Col:1

ECR (3+4+5+6+7-8)                                                                       9
ECR gross of Equalisation Provisions (3+4+5+6+7)                                       10
ICG (if given)                                                                         11
Capital Resources / ECR (1 / 9)                                                        12
Capital Resources plus Equalisation Provisions/ ICG
                                                                                       13
( [1+8] / 11, if ICG given)
ICG / ECR gross of Equalisation Provisions (11 / 10, if ICG given)                     14


Additional information                         The lines below are not mandatory under IPRU(INS) 9.44. However, firms are requested to complete the yellow boxes where applicable

A) Reconciliation of regulatory capital resources to resources available to cover ICG                                    B) Comparison of ICG with firm's most recent ICA
     (only for firms that have agreed with FSA to use assets in excess of regulatory resources to cover ICG)                 (firms are required to recalculate their ICA at least annually. though
Capital Resources (as line 1)                                                          15                 0                   not necessarily at the year-end or at the FSA's 99.5% risk appetite.)
Source of difference 1 - please specify                                                16                                ICA according to most recent recalculation                                   22
Source of difference 2 - please specify                                                17                                Risk appetite over one year of this ICA (e.g. 99.5%)                         23
Source of difference 3 - please specify                                                18                                As at date of this ICA                                                       24
Source of difference 4 - please specify                                                19
Other                                                                                  20                 0
Capital Resources for ICG purposes                                                     21

C) Pension funding obligation
Accounting deficit for pension funding obligation, if any (as referred to in GENPRU 1.2.81 G)                                                                                                         25
Excess of capital resources plus Equalisation Provisions plus reversed out pension fund obligation accounting deficit over ICG if given (1+8+22-11)                                                   26

D) 27. Explanation if ICG is not based on a percentage of ECR gross of Equalisation Provisions (so that percentage in the ICG letter is different to the ratio that appears on line 14)




 7/19/2011                                                                                                     1 of 7                                                   b6a3e09f-4656-4f31-818a-326f182ec3ec.xls
Asset-Related Capital Requirement (Category of assets 1 only)                                                                                                                 Form ECR1
Only enter data in yellow shaded boxes. See IPRU(INS) Appendix 9:10 for instructions on completing Form ECR1                                                                  Sheet 2
Name of insurer
Financial Year Ended

Asset item                                                                                                FSA Return            Assets     Derivative      Asset-related       Asset-related
                                                                                                          Source                (£ 000)   adjustment       capital charge      capital charge
                                                                                                          (Form13 Column 1)                 (£ 000)            factor              (£ 000)
                                                                                                                                                                              Max[0,(1)+(2)] *(3)
                                                                                                                                  (1)         (2)               (3)                  (4)
Land & buildings                                                                                          L11                                                          7.5%
Shares in group undertakings excluding participating interests - insurance dependants                     L21+23                                                       0.0%
Shares in group undertakings excluding participating interests - other                                    L25+27                                                       7.5%
Debt securities issued by & loans to group undertakings                                                   L22+L24+L26+L28                                              3.5%
Participating interests                                                                                   L29                                                          7.5%
Debt securities issued by & loans to undertakings in which the insurer has a participating interest       L30                                                          3.5%
Shares, other variable-yield securities, units in unit trusts and Participation in investment pools                                                                   16.0%
                                                                                                          L41+L42+L43+L49
Money market funds                                                                                                                                                     0.0%
Debt securities and other fixed income securities: approved securities                                    L45+L47                                                      3.5%
Debt securities and other fixed income securities: other                                                  L46+L48                                                      3.5%
Loans secured by mortgages                                                                                L50                                                          2.5%
Other loans                                                                                               L51+L52+L53                                                  2.5%
Deposits with approved credit institutions and approved financial institutions                            L54+L55                                                      0.0%
Other financial investments: other                                                                        L56+L58+L59                                                  7.5%
Deposits with ceding undertakings                                                                         L57                                                          3.5%
Reinsurers' share of technical provisions: Provision for unearned premiums                                L60                                                          2.5%
Reinsurers' share of technical provisions: Claims outstanding                                             L61                                                         2.5%
Reinsurers' share of technical provisions: Other                                                          L62+63                                                      2.5%
Debtors arising out of direct insurance operations: policyholders                                         L71                                                         4.5%
Debtors arising out of direct insurance operations: intermediaries                                        L72                                                         3.5%
Debtors arising out of reinsurance operations                                                             L74+L75                                                     2.5%
Other debtors                                                                                             L73+L76+L77+L78+L79                                         1.5%
Tangible assets                                                                                           L80                                                         7.5%
Cash at bank and in hand                                                                                  L81+L82                                                     0.0%
Other Assets                                                                                              L83                                                         0.0%
Accrued interest and rent                                                                                 L84                                                         0.0%
Deferred acquisition costs                                                                                L85                                                         0.0%
Other prepayments and accrued income                                                                      L86                                                         0.0%
TOTAL                                                                                                     L89+L87-L44




    7/19/2011                                                                                                  2 of 7                                   b6a3e09f-4656-4f31-818a-326f182ec3ec.xls
Insurance-Related Capital Requirement - Accident Year reported Business
Only enter data in yellow shaded boxes. See IPRU(INS) Appendix 9:10 for instructions on completing Form ECR1

Name of insurer
Financial Year ended

FSA Combined Category or Risk Category                                                             Net Written Premium         Net claims outstanding          Net unearned premium and            Net Written      Net technical      Net Written
                                                                                                          (£ 000)                  carried forward            unexpired risks less deferred         Premium           provision         Premium
                                                                                                                                        (£ 000)                     acquisition costs             capital charge    capital charge    capital charge
                                                                                                                                                                         (£ 000)                      factor            factor
                                                                                                                                                                                                                                      Max[0,(1)] * (4)
                                                                                                  FSA return                   FSA return                      FSA return
                                                                                                   source          1            source         2                source             3                    4                 5                  6
Direct and facultative business
110: Total primary (direct) and facultative accident and health                          1                                                                                                                   5.0%              7.5%                  0
120: Total primary (direct) and facultative personal lines motor business                2                                                                                                                  10.0%              9.0%                  0
160: Primary (direct) and facultative household and domestic all risks                   3                                                                                                                  10.0%             10.0%                  0
180: Total primary (direct) and facultative personal lines financial loss business       4                                                                                                                  25.0%             14.0%                  0
220: Total primary (direct) and facultative commercial motor business                    5                                                                     Form21.                                      10.0%              9.0%                  0
                                                                                                 Form 21.                      Form22.                          Line19.                                     10.0%             10.0%                  0
260: Total primary (direct) and facultative commercial lines property business           6
                                                                                              Lines(11+12+                   Lines(13+14                     Column6 +
270: Total primary (direct) and facultative commercial lines liability business          7                                                                                                                  14.0%             14.0%                  0
                                                                                               13+14+15).                      +17+18).                        Form 22.
280: Total primary (direct) and facultative commercial lines financial loss business     8    Columns(5+6)                     Column3                       Line(19-29).                                   25.0%             14.0%                  0
330: Total primary (direct) and facultative aviation business                            9                                                                     Column3                                      32.0%             14.0%                  0
340: Total primary (direct) and facultative marine business                              10                                                                                                                 22.0%             17.0%                  0
350: Primary (direct) and facultative goods in transit                                   11                                                                                                                 12.0%             14.0%                  0
400: Miscellaneous primary (direct) and facultative business                             12                                                                                                                 25.0%             14.0%                  0
002: Total Primary (Direct) and Facultative Business (sum of lines 1 to 12)              13                              0                              0                                     0
Treaty reinsurance business
510: Non-proportional accident and health                                                14                                                                                                                 35.0%             16.0%                  0
520: Non-proportional motor                                                              15                                                                                                                 10.0%             14.0%                  0
530: Non-proportional aviation                                                           16                                                                                                                 61.0%             16.0%                  0
540: Non-proportional marine                                                             17                                                                                                                 38.0%             17.0%                  0
550: Non-proportional transport                                                          18         N/A                          N/A                              N/A                                       16.0%             15.0%                  0
560: Non-proportional property                                                           19                                                                                                                 53.0%             12.0%                  0
570: Non-proportional liability (non-motor)                                              20                                                                                                                 14.0%             14.0%                  0
580: Non-proportional financial lines                                                    21                                                                                                                 39.0%             14.0%                  0
590: Non-proportional aggregate cover                                                    22                                                                                                                 53.0%             12.0%                  0
500: Total Non-Proportional Reinsurance Treaty Business accepted (sum of lines 14             F21.L(11+12+13+1           0 F22.L(13+14+1                0 F21.L19.C6+F22.                     0
                                                                                         23 4+ 15).C(5+6)                    7+18).C3                       L(19-29).C3
to 22)
610: Proportional accident and health                                                    24                                                                                                                 12.0%             16.0%                  0
620: Proportional motor                                                                  25                                                                                                                 10.0%             12.0%                  0
630: Proportional aviation                                                               26                                                                                                                 33.0%             16.0%                  0
640: Proportional marine                                                                 27                                                                                                                 22.0%             17.0%                  0
650: Proportional transport                                                              28         N/A                          N/A                              N/A                                       12.0%             15.0%                  0
660: Proportional property                                                               29                                                                                                                 23.0%             12.0%                  0
670: Proportional liability (non-motor)                                                  30                                                                                                                 14.0%             14.0%                  0
680: Proportional financial lines                                                        31                                                                                                                 25.0%             14.0%                  0
690: Proportional aggregate cover                                                        32                                                                                                                 23.0%             12.0%                  0
600: Total Proportional Reinsurance Treaty Business accepted (sum of lines 24 to              F21.L(11+12+13+1           0 F22.L(13+14+1                0 F21.L19.C6+F22.                     0
                                                                                         33 4+ 15).C(5+6)                    7+18).C3                       L(19-29).C3
32)
700: Miscellaneous treaty reinsurance business accepted                                  34         N/A                         N/A                             N/A                                         39.0%             14.0%                  0
                                                                                              F21.L(11+12+13+1           0 F22.L(13+14+1                0 F21.L19.C6+F22.                     0
003: Total Treaty Reinsurance Business (sum of lines 14 to 22, 24 to 32 and 34)          35 4+ 15).C(5+6)                    7+18).C3                       L(19-29).C3

                                                                                              F21.L(11+12+13+1               F22.L(13+14+1                  F21.L19.C6+F22.
001: Total Business (sum of lines 1 to 12, 14 to 22, 24 to 32 and 34)                    36     4+ 15).C(5+6)
                                                                                                                   0           7+18).C3
                                                                                                                                               0              L(19-29).C3
                                                                                                                                                                                   0                                                         0




                                                                                                                                Page 3                                                                      b6a3e09f-4656-4f31-818a-326f182ec3ec.xls
Form ECR 1
Sheet 3




  Net Technical
 provision capital
      charge

Max[0, (2)+(3)] * (5)

         7


                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0



                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0



                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0


                     0



         0




                         Page 4   b6a3e09f-4656-4f31-818a-326f182ec3ec.xls
Insurance-Related Capital Requirement - Underwriting Year reported Business
Only enter data in yellow shaded boxes. See IPRU(INS) Appendix 9:10 for instructions on completing Form ECR1

Name of insurer
Financial Year ended
FSA Combined Category or Risk Category                                                                 Net Written Premium          Net claims outstanding         Net unearned premium and      Net Written Net technical    Net Written
                                                                                                              (£ 000)                   carried forward           unexpired risks less deferred   Premium       provision      Premium
                                                                                                                                             (£ 000)                    acquisition costs          capital    capital charge capital charge
                                                                                                                                                                             (£ 000)            charge factor     factor
                                                                                                                                                                                                                             Max[0,(1)] * (4)
                                                                                                      FSA return                   FSA return                      FSA return
                                                                                                       source        1              source          2               source           3                4              5               6
Direct and facultative business
110: Total primary (direct) and facultative accident and health                                 1                                                                                                          5.0%           7.5%              0
120: Total primary (direct) and facultative personal lines motor business                       2                                                                                                         10.0%           9.0%              0
160: Primary (direct) and facultative household and domestic all risks                          3                                                                                                         10.0%          10.0%              0
180: Total primary (direct) and facultative personal lines financial loss business              4                                                                                                         25.0%          14.0%              0
220: Total primary (direct) and facultative commercial motor business                           5                                Form25.                                                                  10.0%           9.0%              0
260: Total primary (direct) and facultative commercial lines property business                  6 Form24.                                                        Form25.                                  10.0%          10.0%              0
                                                                                                                                 Lines(11-
                                                                                                                                                                 Lines(22+2
270: Total primary (direct) and facultative commercial lines liability business                 7 Line19.                        12+13-                                                                   14.0%          14.0%              0
                                                                                                                                                                 3-24).
280: Total primary (direct) and facultative commercial lines financial loss business            8 Column99                       14+15).
                                                                                                                                                                 Column99                                 25.0%          14.0%              0
330: Total primary (direct) and facultative aviation business                                   9                                Column99                                                                 32.0%          14.0%              0
340: Total primary (direct) and facultative marine business                                     10                                                                                                        22.0%          17.0%              0
350: Primary (direct) and facultative goods in transit                                          11                                                                                                        12.0%          14.0%              0
400: Miscellaneous primary (direct) and facultative business                                    12                                                                                                        25.0%          14.0%              0
002: Total Primary (Direct) and Facultative Business (sum of lines 1 to 12)                     13                           0                               0                                0
Treaty reinsurance business
510: Non-proportional accident and health                                                       14                                                                                                        35.0%          16.0%              0
520: Non-proportional motor                                                                     15                                                                                                        10.0%          14.0%              0
530: Non-proportional aviation                                                                  16                               Form29.                                                                  61.0%          16.0%              0
540: Non-proportional marine                                                                    17 Form28.                                                       Form29.                                  38.0%          17.0%              0
                                                                                                                                 Lines(11-
                                                                                                                                                                 Lines(22+2
550: Non-proportional transport                                                                 18 Line19.                       12+13-                                                                   16.0%          15.0%              0
                                                                                                                                                                 3-24).
560: Non-proportional property                                                                  19 Column99                      14+15).
                                                                                                                                                                 Column99                                 53.0%          12.0%              0
570: Non-proportional liability (non-motor)                                                     20                               Column99                                                                 14.0%          14.0%              0
580: Non-proportional financial lines                                                           21                                                                                                        39.0%          14.0%              0
590: Non-proportional aggregate cover                                                           22                                                                                                        53.0%          12.0%              0
                                                                                                                             0 F25.L(11-12+13-               0 F25.L(22+23-                   0
500: Total Non-Proportional Reinsurance Treaty Business accepted (sum of lines 14 to 22) 23 F24.L19.C99                          14+15).C99                      24).C99
610: Proportional accident and health                                                           24                                                                                                        12.0%          16.0%              0
620: Proportional motor                                                                         25                                                                                                        10.0%          12.0%              0
630: Proportional aviation                                                                      26                               Form29.                                                                  33.0%          16.0%              0
640: Proportional marine                                                                        27 Form28.                                                       Form29.                                  22.0%          17.0%              0
                                                                                                                                 Line(11-
                                                                                                                                                                 Lines(22+2
650: Proportional transport                                                                     28 Line19.                       12+13-                                                                   12.0%          15.0%              0
                                                                                                                                                                 3-24).
660: Proportional property                                                                      29 Column99                      14+15).
                                                                                                                                                                 Column99                                 23.0%          12.0%              0
670: Proportional liability (non-motor)                                                         30                               Column99                                                                 14.0%          14.0%              0
680: Proportional financial lines                                                               31                                                                                                        25.0%          14.0%              0
690: Proportional aggregate cover                                                               32                                                                                                        23.0%          12.0%              0
                                                                                                                             0 F25.L(11-12+13-               0 F25.L(22+23-                   0
600: Total Proportional Reinsurance Treaty Business accepted (sum of lines 24 to 32)            33 F24.L19.C99                   14+15).C99                      24).C99

                                                                                                                                 F29.L(11-12+13-                 F29.L(22+23-                             39.0%          14.0%              0
700: Miscellaneous treaty reinsurance business accepted                                         34 F28.L19.C99                                                   24).C99
                                                                                                                                 14+15).C99
                                                                                                                             0   F25.L(11-12+13-             0 F25.L(22+23-                   0
003: Total Treaty Reinsurance Business (sum of lines 14 to 22, 24 to 32 and 34)                 35 F24.L19.C99                   14+15).C99                      24).C99

                                                                                                                                 F25.L(11-12+13-                 F25.L(22+23-
001: Total Business (sum of lines 1 to 12, 14 to 22, 24 to 32 and 34)                           36 F24.L19.C99       0           14+15).C99         0            24).C99
                                                                                                                                                                                     0                                               0




        7/19/2011                                                                                                                5 of 7                                                                   b6a3e09f-4656-4f31-818a-326f182ec3ec.xls
Form ECR1
Sheet 4




  Net Technical
 provision capital
      charge

Max[0, (2)+(3)] * (5)

         7


                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0



                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0



                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0
                     0


                     0




         0




             7/19/2011   6 of 7   b6a3e09f-4656-4f31-818a-326f182ec3ec.xls
ECR Summary Data at Entity Level :                                                                                              Form ECR1
Subsidiary insurance entities consolidated within a Company's FSA return                                                        Sheet 5
General insurance business

Name of insurer
Financial Year ended


                                                                   Net Written Technical        Capital
                                       (1)                                   (2)            (3)
                       Name of entity                              Premiums      Provisions     Resources         MCR           ECR
                    1
                    2
                    3
                    4
                    5
                    6
                    7
                    8
                    9
                   10
                   11
                   12
                   13
                   14
                   15
                   16
                   17
                   18
                   19
                   20
                   21
                   22
                   23
                   24
                   25
                   26
                   27
                   28
                   29
                   30
                   31
                   32
                   33
                   34
                   35
                   36
                   37
                   38
                   39
                   40
                 TOTAL

                 Notes:
                 (1)
                     Insert additional lines as necessary
                 (2)
                     Net written premiums are before deduction for commissions
                 (3)
                     Technical Provisions are in each case net of reinsurance and comprise of:
                         - outstanding claims (including related claims management costs);
                         - provisions for incurred but not reported (IBNR) claims (including related claims management costs);
                         - provisions for incurred but not enough reported (IBNER) claims (including related claims management costs);
                         - unearned premium reserves less deferred acquisition costs; and
                         - unexpired risk reserves




7/19/2011                                                          7 of 7                       b6a3e09f-4656-4f31-818a-326f182ec3ec.xls

				
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