Royal & Sun Alliance Insurance plc - RSA Insurance Group17032016:13:59:41 Form 1 Statement of solvency - general insurance business Name of insurer Royal & Sun Alliance Insurance plc

Royal & Sun Alliance

Insurance plc

and U.K. subsidiaries listed in the Notes to the Return

Annual PRA Insurance Returns

for the year ended 31 December 2015

PRA

Accounts and Statements pursuant to the Prudential Regulation Authority’s

Accounts and Statements Rules

Appendices 9.1,9.2,9.5 and 9.6

General business only

Royal & Sun Alliance Insurance plc

Year ended 31 December 2015

Contents

Page

Form 1 – Statement of solvency – general insurance business 1 Form 3 – Components of capital resources 2 Form 11 – Calculation of general insurance capital requirement – premiums amount 5 and brought forward amount Form 12 – Calculation of general insurance and capital requirement – claims amount 6

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

Form 20A to 39. General business revenue account and additional information 13 Notes to Return 140

Directors’ certificate 156

Report of the Auditors 157 Statement required by Rule 9 paragraph 9.29 158 Statement required by Rule 9 paragraph 9.30 159 Subsidiaries included in this Group Return 160 Solvency forms 161 Additional information required by Rule 9.32 of the Accounts and Statements Rules 172 Additional information on financial reinsurance and financing arrangements 174 required by Rule 9.32A of the Accounts and Statements Rules Additional information required by Rule 9.25 of the Accounts and Statements Rules 175

Additional information required by Rule 9.26 of the Accounts and Statements Rules 176 Additional information required by Rule 9.27 of the Accounts and Statements Rules 177 Summary of reinsurance arrangements 178

17032016:13:59:41

Form 1

Statement of solvency - general insurance business

Name of insurer Royal & Sun Alliance Insurance plc

Global business

Financial year ended 31 December 2015

Adjusted solo solvency calculation Company GL/

registration UK/ day month year Units

number CM

R1 93792 GL 31 12 2015 £000

As at end of As at end of

this financial the previous

year year

1 2

Capital resources

Capital resources arising outside the long-term insurance fund 11 3261125 3277931

12

13 3261125 3277931

Guarantee fund

Guarantee fund requirement 21 923205 1043848

22 1795233 1656064

Minimum capital requirement (MCR)

General insurance capital requirement 31 588598 612362

Base capital resources requirement 33 2657 2902

Individual minimum capital requirement 34 588598 612362

Capital requirements of regulated related undertakings 35 727006 839727

Minimum capital requirement (34+35) 36 1315604 1452089

Excess (deficiency) of available capital resources to cover 50% of MCR 37 1864572 2053136

Excess (deficiency) of available capital resources to cover 75% of MCR 38 1535671 1690114

Capital resources requirement (CRR)

Capital resources requirement 41 1315604 1452089

42 1945521 1825842

Contingent liabilities

51

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)

Excess (deficiency) of available capital resources to cover guarantee fund

requirement

Excess (deficiency) of available capital resources to cover general insurance

business CRR (13-41)

Quantifiable contingent liabilities in respect of other than long-term insurance

business as shown in a supplementary note to Form 15

1

17032016:13:59:41

Form 3

(Sheet 1)

Components of capital resources


Global business


Company GL/

registration UK/ Units number CM

R3 GL 31 12 2015 £000

General Long-term Total as at Total as at

insurance insurance the end of the end of

business business this financial the previous

year year

1 2 3 4

Core tier one capital

Permanent share capital 11 1126692 1126692 1126692

Profit and loss account and other reserves 12 199395 199395 112967

13 2337444 2337444 2642444

Positive valuation differences 14

15

16

Core tier one capital (sum of 11 to 16) 19 3663531 3663531 3882103

Tier one waivers

21

Implicit Items 22

Tier one waivers in related undertakings 23

24

Other tier one capital

25

26

27 374721 374721 77721

28

31 4038252 4038252 3959824

32

33 123394 123394 27217

34 336005 336005 346888

35 121903 121903 90216

36 559855 559855 638601

37 1141157 1141157 1102922

39 2897095 2897095 2856902

Innovative tier one capital in related undertakings

day month year

93792

Share premium account

Fund for future appropriations

Core tier one capital in related undertakings

Unpaid share capital / unpaid initial funds and calls for

supplementary contributions

Total tier one waivers as restricted (21+22+23)

Perpetual non-cumulative preference shares as restricted

Perpetual non-cumulative preference shares in related

undertakings

Innovative tier one capital as restricted

Deductions from tier one (32 to 36)

Total tier one capital after deductions (31-37)

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

2

17032016:13:59:41

Form 3

(Sheet 2)



Global business


Company GL/


R3 GL 31 12 2015 £000




year year

1 2 3 4

Tier two capital

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 900000 900000 892000

Lower tier two capital in related undertakings 53

Lower tier two capital (51+52+53) 59 900000 900000 892000

61 900000 900000 892000

Excess tier two capital 62

63

69 900000 900000 892000 Total tier two capital after restrictions, before deductions

(61-62-63)

day month year

93792

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

Total tier two capital before restrictions (49+59)

Further excess lower tier two capital

3

17032016:13:59:41

Form 3

(Sheet 3)



Global business


Company GL/


R3 GL 31 12 2015 £000




year year

1 2 3 4

Total capital resources

71

72 3797095 3797095 3748902

73 275847 275847 329950

74 260123 260123 141021

75

76

77

79 3261125 3261125 3277931

Available capital resources for GENPRU/INSPRU tests

81 2718438 2718438 2699912

82 2522374 2522374 2779181

83 2522374 2522374 2779181

Financial engineering adjustments

91

92

93

94

95

96

Available capital resources for guarantee fund requirement

day month year

93792

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)

Any other charges on future profits

Sum of financial engineering adjustments

(91+92-93+94+95)

Available capital resources for 50% MCR requirement

Available capital resources for 75% MCR requirement

Implicit items

Financial reinsurance - ceded

Financial reinsurance - accepted

Outstanding contingent loans

4

17032016:13:59:41

Form 11


Global business


General insurance business

Company GL/registration UK/ day month year Unitsnumber CM

R11 93792 GL 31 12 2015 £000

This financial year Previous year1 2

11 3905239 3896435

12

13 3905239 3896435

14 482679 452050

15

16 4146579 4122460

21 3858032 3929994

22

23 3858032 3929994

24 483858 464563

25

26 4099961 4162276

30 4146579 4162276

31

32 746384 749210

33 82051 82284

34 664333 666926

41 7503751 8579929

42 263184 315961

43 4688403 4871082

44 866903 824461

45 4304617 4960551

46 7283818 7981960

47 830365 794044

48 6453453 7187916

49 0.89 0.90

50 588598 600580

51 4077775 4285678

52

53 582656 612362

54 588598 612362

Premiums for "actuarial health insurance" (included in line 23)

Calculation of general insurance capital requirement - premiums amount and brought forward amount

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)


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)


Claims outstanding brought

forward at the beginning of

the 3 year period

For insurance business accounted for on

an underwriting year basis


an accident year basis

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 financial year 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)

x 0.18

Excess (if any) over 61.3M EURO x 0.02

Sub-total J (32-33)

Claims paid in period of 3 financial years

Claims outstanding carried

forward at the end of the 3

year period


an underwriting year basis


an accident year basis

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

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

5

17032016:13:59:41

Form 12


Global business


General insurance businessCompany GL/

registration UK/ day month year Units

number CM

R12 93792 GL 31 12 2015 £000

This financial year Previous year1 2

11 36 36

21 7503751 8579929

22 263184 315961

23 4688403 4871082

24 866903 824461

25 4304617 4960551

26 7283818 7981960

27 1043381 1274522

28

29 7805509 8619221

31 2601836 2873074

32 676477 746999

33 77131 85183

39 599347 661816

41 531020 595979

42 588598 612362

43 588598 612362

Claims incurred for "actuarial health insurance" (included in 26)

Calculation of general insurance capital requirement - claims amount and result

Reference period (No. of months) See INSPRU 1.1.63R

Claims paid in reference period


forward at the end of the

reference period

For insurance business accounted for

on an underwriting year basis


on an accident year basis


forward at the beginning of the

reference period


on an underwriting year basis


on an accident year basis

Claims incurred in reference period (21+22+23-24-25)

Claims incurred for classes 11, 12 or 13 (included in 26)

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)

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 number of months in the reference period)

Division of sub-total F

(gross adjusted claims

amount)

x 0.26

Excess (if any) over 42.9M EURO x 0.03

Sub-total G (32-33)

6

17032016:13:59:41

Form 13

(Sheet 1)

Analysis of admissible assets


Global business


Category of assets Total other than long term insurance business assets

Company GL/ Category

registration UK/ day month year Units of

number CM assets

R13 93792 GL 31 12 2015 £000 1

As at end of this

financial year

As at end of the

previous year

1 2

Land and buildings 11 397211 362077

21 18222 17649

22

23 3197398 3393980

24 109501 116066

25 3176057 2959417

26 62456 19125

27

28

29

30

Other financial investments

Equity shares 41 3062 16541

Other shares and other variable yield participations 42

Holdings in collective investment schemes 43 405668 240167

Rights under derivative contracts 44 41522 50382

45 1312638 1340250

46 2906066 3424150

47 11717

48 193850 109590

Participation in investment pools 49

Loans secured by mortgages 50 2 17

51

52

Other loans 53 4508 6687

54 10416

55 83889

Other financial investments 56

Deposits with ceding undertakings 57 217149 947

58

59

Investments in group undertakings and participating interests

UK insurance dependantsShares

Debts and loans

Other insurance dependantsShares

Debts and loans

Non-insurance dependantsShares

Debts and loans

Other group undertakingsShares

Debts and loans

Participating interestsShares

Debts and loans

Fixed interest securitiesApproved

Other

Assets held to match linked liabilitiesIndex linked

Property linked

Variable interest securitiesApproved

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

One month or less withdrawal

More than one month withdrawal

7

17032016:13:59:41

Form 13

(Sheet 2)



Global business





number CM assets

R13 93792 GL 31 12 2015 £000 1

As at end of this

financial year

As at end of the

previous year

1 2

60 782231 569413

61 873812 901365

62

63

71 320292 360573

72 1279634 1320928

73

74 52940 80114

75 153058 214190

76 148358 143156

77

78 55722 143598

79

80 36047 91588

81 162618 191268

82 5 9

83

84 53815 61859

85 385625 433038

86 117211 68793

87

89 16466678 16742959

Debtors and salvage

Reinsurers' share of technical provisions

Provision for unearned premiums

Claims outstanding

Provision for unexpired risks

Other

Direct insurance businessPolicyholders

Intermediaries

Salvage and subrogation recoveries

ReinsuranceAccepted

Ceded

Dependantsdue in 12 months or less

due in more than 12 months

Otherdue in 12 months or less

due in more than 12 months

Deferred acquisition costs (general business only)

Other prepayments and accrued income

Deductions from the aggregate value of assets

Grand total of admissible assets after deduction of admissible assets

in excess of market risk and counterparty limits (11 to 86 less 87)

Other assets

Tangible assets

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

8

17032016:13:59:41

Form 13

(Sheet 3)



Global business



Company GL/ Categoryregistration UK/ day month year Units ofnumber CM assets

R13 93792 GL 31 12 2015 £000 1

As at end of this

financial year

As at end of the

previous year

1 2

91 16466678 16742959

92 260123 141021

93 330827 222235

94 727006 839727

95

96 619771 768134

97

98 (44323) (86996)

99

100 (36791) (46399)

101 52821 92395

102 18376113 18673075

103 163780 168511

Ineligible surplus capital and restricted assets in regulated related

insurance undertakings

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

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)

Amounts included in line 89 attributable to debts due from related

insurers, other than those under contracts of insurance or reinsurance

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)

9

17032016:13:59:41

Form 15

Liabilities (other than long term insurance business)


Global business


Company GL/registration UK/ day month year Units

number CM

R15 93792 GL 31 12 2015 £000

As at end of As at end of

this financial the previous

year year

1 2

Technical provisions (gross amount)

Provisions for unearned premiums 11 2153810 2318714

Claims outstanding 12 4951587 5187043

Provision for unexpired risks 13

Credit business 14

Other than credit business 15 313308 335281

Other technical provisions 16

Total gross technical provisions (11 to 16) 19 7418705 7841038

Provisions and creditors

Taxation 21 15519 2138

Other risks and charges 22 125557 143175

Deposits received from reinsurers 31 1145 3688

Direct insurance business 41 96922 134569

Reinsurance accepted 42 61088 450329

Reinsurance ceded 43 758013 92971

Secured 44

Unsecured 45

Amounts owed to credit institutions 46 40446 341784

Taxation 47

Foreseeable dividend 48

Other 49 5121020 5061232

Accruals and deferred income 51 288809 228860

Total (19 to 51) 59 13927224 14299784

Provision for "reasonably foreseeable adverse variations" 61

Cumulative preference share capital 62

Subordinated loan capital 63 569721 569721

Total (59 to 63) 69 14496945 14869505

71 1153

Amounts deducted from technical provisions for discounting 82 372796 393287

Other adjustments (may be negative) 83 (140797) (81500)

Capital and reserves 84 4392761 4278357

85 18376113 18673075

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)

Equalisation provisions

Provisions

Creditors

Debenture

loans

Creditors

Amounts included in line 69 attributable to liabilities to related insurers, other

than those under contracts of insurance or reinsurance

10

17032016:13:59:41

Form 16

Profit and loss account (non-technical account)


Global business

Financial year ended 31 December 2015Company GL/registration UK/ day month year Units

number CM

R16 93792 GL 31 12 2015 £000

This financial Previous

year year

1 2

From Form 20 11 (54479) (47107)

Equalisation provisions 12 21973 (13453)

13

14 440814 2327198

Investment income 15 28585 193322

16 171565 128099

17 105975 147704

Investment charges 18 343434 1967302

19 2383 18696

20

21 (126138) (21061)

29 30528 433296

Tax on profit or loss on ordinary activities 31 (4850) 98022

Profit or loss on ordinary activities after tax (29-31) 39 35378 335274

41

Tax on extraordinary profit or loss 42

Other taxes not shown under the preceding items 43

Profit or loss for the financial year (39+41-(42+43)) 49 35378 335274

Dividends (paid or foreseeable) 51

Profit or loss retained for the financial year (49-51) 59 35378 335274

Extraordinary profit or loss (particulars to be specified

by way of supplementary note)

Transfer (to)/from the

general insurance business

technical account

Transfer from the long term insurance business

revenue account

Income

Value re-adjustments on

investments

Gains on the realisation of

investments

Investment management

charges, including interest

Value re-adjustments on

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)

11

17032016:13:59:41

Form 17

Analysis of derivative contracts


Global business





number CM assets

R17 93792 GL 31 12 2015 £000 1

Derivative contracts

Assets Liabilities Bought / Long Sold / Short

1 2 3 4

11

Interest rates 12 60 10000

Inflation 13 30356 34007 180000 180000

Credit index / basket 14

Credit single name 15

16

Equity stock 17

Land 18

Currencies 19 11166 21521 1066099 1514627

Mortality 20

Other 21 39913 304579

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 41522 95501 1246099 2009206

52

53 41522 95501

Out of the

money

options

Adjustment for variation margin

Total (51 + 52)

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.

Value as at the end

of this financial year

Notional amount as at the end

of this financial year

Futures and

contracts

for

differences

Fixed-interest securities

Equity index

In the money

options

Swaptions

12

17032016:13:59:41

Form 20A

General insurance business : Summary of business carried on (Sheet 1)


Global business


Company

registration

number

GL/

UK/

CM

day month year units

R20A 93792 GL

ReportedIncurred but

not reported

1 2 3 4

001 1 3751896 3157862 1689679 2152534

002 2 3234227 2729631 1613994 2085874

003 3 517669 428230 75685 66660

110 4 32883 8862 3631 16689

120 5 207154 388679 95180 111920

160 6 647427 134400 51283 325369

180 7 322438 4975 35241 159505

220 8 666101 564837 157839 795619

260 9 701690 423330 107678 347976

270 10 321662 866031 1079966 163021

280 11 6917 8634 892 7373

330 12 17588 14755

340 13 152937 185429 60504 80598

350 14 175018 126866 7026 77804

400 15

500 16 254022 243791 42044 8033

600 17 263648 184439 33641 58627

700 18

20 3751896 3157862 1689679 2152534

31 12 2015 £000

Category

number

PRA return general insurance business reporting

category

Gross Premium

written in this

financial year

Provision for undiscounted

gross claims outstanding at the

end of this financial year

Provision for

gross unearned

premium at the

end of this

financial year

Total primary (direct) and facultative commercial lines

financial loss (category numbers 281 to 284)

Total business

Total primary (direct) and facultative business

Total treaty reinsurance accepted business

Total primary (direct) and facultative accident and

health (category numbers 111 to 114)

Total primary (direct) and facultative personal lines

motor business (category numbers 121 to 123)

Primary (direct) and facultative household and

domestic all risks

Total primary (direct) and facultative personal lines

financial loss (category numbers 181 to 187)

Total primary (direct) and facultative commercial motor

business (category numbers 221 to 223)


property (category numbers 261 to 263)


liability business (category numbers 271 to 274)

Miscellaneous treaty reinsurance accepted business

Total (lines 4 to 18)

Total primary (direct) and facultative aviation

(category numbers 331 to 333)

Total primary (direct) and facultative marine

(category numbers 341 to 347)

Total primary (direct) and facultative goods in transit

Miscellaneous primary (direct) and facultative business

Total non-proportional treaty reinsurance business

accepted (category numbers 510 to 590)

Total proportional treaty reinsurance business

accepted (category numbers 610 to 690)

13

17032016:13:59:41

Form 20A



Global business


Company

registration

number

GL/

UK/

CM


93792 GL


not reported

1 2 3 4

111 21 (276)

112 22 (787)

113 23 (1034)

114 24 34978 8862 3631 16689

121 25 221508 354608 91457 110445

122 26 (12186) 24423 904 1475

123 27 (2168) 9648 2819

160 28 647427 134400 51283 325369

181 29 18273 71 94 8915

182 30 1456 406 16

183 31

184 32 12645 1152 25 6317

185 33 434

186 34 277598 3340 34593 138471

187 35 12465 6 79 5802

221 41 583618 499208 139522 752517

222 42 82483 65629 18317 43102

223 43

261 44 434477 196957 73137 200971

262 45 73874 95827 6268 25214

263 46 193338 130546 28273 121791

271 47 63626 343964 858371 34976

272 48 88853 151018 128166 46040

273 49 118657 340996 89468 53806

274 50 50525 30053 3960 28199

281 51 9828 2941 892 6424

282 52

283 53 (2911) 5693 949

284 54

331 61 17382 14619

332 62 206 136

333 63

R20A 31 12 2015 £000

Category

number


category

Gross Premium

written in this

financial year




Provision for

gross unearned

premium at the

end of this

financial year

Creditor

Primary (direct) and facultative personal lines business

Medical insurance

HealthCare cash plans

Travel

Personal accident or sickness

Private motor - comprehensive

Private motor - non-comprehensive

Motor cycle

Household and domestic all risks (equals line 6)

Assistance

Contractors or engineering all risks

Extended warranty

Legal expenses

Mortgage indemnity

Pet insurance

Other personal financial loss

Primary (direct) and facultative commercial lines business

Fleets

Commercial vehicles (non-fleet)

Motor other

Commercial property

Consequential loss

Space and satellite

Employers liability

Professional indemnity

Public and products liability

Mixed commercial package

Fidelity and contract guarantee

Credit

Suretyship

Commercial contingency

Primary (direct) and facultative aviation

Aviation liability

Aviation hull

14

17032016:13:59:41

Form 20A



Global business


Company

registration

number

GL/

UK/

CM


93792 GL


not reported

1 2 3 4

341 64 38519 48914 16117 14070

342 65 92492 115170 43192 58891

343 66 15591 383

344 67

345 68 (427) 2683 335 640

346 69 12457 771 15 4734

347 70 9897 2300 462 2263

350 71 175018 126866 7026 77804

Primary (direct) and facultative miscellaneous

400 72

510 81 1284 13874 798

520 82 94788 93736 19653 1494

530 83 410 271

540 84 6903 4227 4

550 85 82 110

560 86 60177 41051 2833 5521

570 87 90568 90383 19283 220

580 88 220

590 89

610 91 5562 10189 387 2011

620 92 106316 59181 27839

630 93 543 358

640 94 3281 5318 247 1494

650 95 946 429

660 96 121301 77592 303 51194

670 97 19055 30999 3973 93

680 98 7187 188 532 3835

690 99

Treaty Reinsurance Miscellaneous

700 101

111 3751896 3157862 1689679 2152534

R20A 31 12 2015 £000

Category

number


category

Gross Premium

written in this

financial year




Provision for

gross unearned

premium at the

end of this

financial year

Non-proportional treaty

Primary (direct) and facultative marine and transport

Marine liability

Marine hull

Energy (on and off-shore)

Protection and indemnity

Freight demurrage and defence

War risks

Yacht


(equals line 14)

Miscellaneous primary (direct) and facultative business

(equals line 15)

Proportional motor

Non-proportional accident and health

Non-proportional motor

Non-proportional aviation

Non-proportional marine

Non-proportional transport

Non-proportional property

Non-proportional liability (non-motor)

Non-proportional financial lines

Non-proportional aggregate cover

Proportional treaty

Proportional accident and health

Proportional aggregate cover

Miscellaneous treaty reinsurance accepted business

(equals line 18)

Total (lines 21 to 101)

Proportional aviation

Proportional marine

Proportional transport

Proportional property

Proportional liability (non-motor)

Proportional financial lines

15

17032016:13:59:41

Form 20

General insurance business : Technical account (excluding equalisation provisions)


Global business


Total business


registration UK/ day month year Units number

number CM

R20 93792 001

This financial year Previous year

1 2

Earned premium (21.19.5) 11 3062068 3187693

Claims incurred (22.17.4) 12 2020645 1978421

This year's

underwritingClaims management costs (22.18.4) 13 117670 140701

(accident year

accounting)Adjustment for discounting (22.52.4) 14 829

15

16 39810 49322

Net operating expenses (22.42.4) 17 1033332 1131993

19 (69769) (13271)

Earned premium (21.11.5) 21 (5490) (6611)

Claims incurred (22.13.4) 22 (31824) 1435

Adjustment forClaims management costs (22.14.4) 23 12703 13965

prior years'

underwritingAdjustment for discounting (22.51.4) 24 (17028) (4171)

(accident year

accounting) 25

Net operating expenses (22.41.4) 26 5184 (1572)

Balance (21-22-23+24+25-26) 29 (8581) (24610)

Balance fromPer Form 24 (24.69.99-99) 31 23871 (9226)

underwriting

year32

accountingTotal 39 23871 (9226)

Balance of all years' underwriting (19+29+39) 49 (54479) (47107)

Allocated investment income 51

Transfer to non-technical account (49+51) 59 (54479) (47107)

Other technical income or charges (particulars to

be specified by way of supplementary note)

GL 31 12 2015 £000

Items to be shown net of reinsurance

Increase in provision for unexpired risks

(22.19.4)



Balance of year's underwriting

(11-12-13+14-15+16-17)



16

17032016:13:59:41

Form 20



Global business





number CM

R20 93792 002


1 2

Earned premium (21.19.5) 11 2684098 3175362

Claims incurred (22.17.4) 12 1644245 1976505

This year's


(accident year

accounting)Adjustment for discounting (22.52.4) 14

15

16 39810 49322


19 (28773) (21652)

Earned premium (21.11.5) 21 (5490) (6611)

Claims incurred (22.13.4) 22 (30005) 2341


prior years'


(accident year

accounting) 25


Balance (21-22-23+24+25-26) 29 (9554) (24917)

Balance fromPer Form 24 (24.69.99-99) 31 (11406) (9693)

underwriting

year32

accountingTotal 39 (11406) (9693)






GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



17

17032016:13:59:41

Form 20



Global business





number CM

R20 93792 003


1 2

Earned premium (21.19.5) 11 377970 12331

Claims incurred (22.17.4) 12 376400 1916

This year's


(accident year


15

16


19 (40996) 8382

Earned premium (21.11.5) 21

Claims incurred (22.13.4) 22 (1819) (906)

Adjustment forClaims management costs (22.14.4) 23

prior years'

underwritingAdjustment for discounting (22.51.4) 24 857 (600)

(accident year

accounting) 25

Net operating expenses (22.41.4) 26 1703

Balance (21-22-23+24+25-26) 29 973 306

Balance fromPer Form 24 (24.69.99-99) 31 35277 467

underwriting

year32

accountingTotal 39 35277 467

Balance of all years' underwriting (19+29+39) 49 (4746) 9155


Transfer to non-technical account (49+51) 59 (4746) 9155



GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



18

17032016:13:59:41

Form 20



Global business


Total primary (direct) and facultative personal lines motor business



number CM

R20 93792 120


1 2

Earned premium (21.19.5) 11 238741 374013

Claims incurred (22.17.4) 12 193041 272849

This year's


(accident year


15

16


19 (55907) (44253)

Earned premium (21.11.5) 21 (3)

Claims incurred (22.13.4) 22 (19073) (42613)


prior years'

underwritingAdjustment for discounting (22.51.4) 24

(accident year

accounting) 25

Net operating expenses (22.41.4) 26

Balance (21-22-23+24+25-26) 29 19034 42247

Balance fromPer Form 24 (24.69.99-99) 31

underwriting

year32

accountingTotal 39






GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



19

17032016:13:59:41

Form 20



Global business


Primary (direct) and facultative household and domestic all risks



number CM

R20 93792 160


1 2

Earned premium (21.19.5) 11 637257 704139

Claims incurred (22.17.4) 12 290649 310908

This year's


(accident year


15

16


19 35058 56210


Claims incurred (22.13.4) 22 (8941) 6252


prior years'


(accident year

accounting) 25


Balance (21-22-23+24+25-26) 29 8940 (6333)


underwriting

year32

accountingTotal 39

Balance of all years' underwriting (19+29+39) 49 43998 49878


Transfer to non-technical account (49+51) 59 43998 49878



GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



20

17032016:13:59:41

Form 20



Global business


Total primary (direct) and facultative personal lines financial loss business



number CM

R20 93792 180


1 2

Earned premium (21.19.5) 11 314069 299936

Claims incurred (22.17.4) 12 186324 184206

This year's


(accident year


15

16


19 21294 12339

Earned premium (21.11.5) 21 (2)

Claims incurred (22.13.4) 22 (2920) 2763


prior years'


(accident year

accounting) 25


Balance (21-22-23+24+25-26) 29 2914 (2790)


underwriting

year32

accountingTotal 39






GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



21

17032016:13:59:41

Form 20



Global business


Total primary (direct) and facultative commercial motor business



number CM

R20 93792 220


1 2

Earned premium (21.19.5) 11 380146 488899

Claims incurred (22.17.4) 12 305993 386997

This year's


(accident year


15

16


19 (7550) (12956)

Earned premium (21.11.5) 21 110 (148)

Claims incurred (22.13.4) 22 1265 (27225)


prior years'


(accident year

accounting) 25


Balance (21-22-23+24+25-26) 29 (1172) 26917


underwriting

year32

accountingTotal 39






GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



22

17032016:13:59:41

Form 20



Global business


Total primary (direct) and facultative commercial lines property business



number CM

R20 93792 260


1 2

Earned premium (21.19.5) 11 469527 529440

Claims incurred (22.17.4) 12 247650 310448

This year's


(accident year


15

16 39810 49322


19 10998 (7803)

Earned premium (21.11.5) 21 14 (881)

Claims incurred (22.13.4) 22 (12552) (29449)


prior years'


(accident year

accounting) 25

Net operating expenses (22.41.4) 26 (70)

Balance (21-22-23+24+25-26) 29 12515 28503


underwriting

year32

accountingTotal 39






GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



23

17032016:13:59:41

Form 20



Global business


Total primary (direct) and facultative commercial lines liability business



number CM

R20 93792 270


1 2

Earned premium (21.19.5) 11 298882 385969

Claims incurred (22.17.4) 12 174487 256773

This year's


(accident year


15

16


19 (18079) (34839)

Earned premium (21.11.5) 21 658 1460

Claims incurred (22.13.4) 22 22822 95931


prior years'


(accident year

accounting) 25


Balance (21-22-23+24+25-26) 29 (50545) (110221)


underwriting

year32

accountingTotal 39






GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



24

17032016:13:59:41

Form 20



Global business


Total primary (direct) and facultative aviation business



number CM

R20 93792 330


1 2


Claims incurred (22.17.4) 12

This year's

underwritingClaims management costs (22.18.4) 13

(accident year


15

16


19


Claims incurred (22.13.4) 22


prior years'


(accident year

accounting) 25


Balance (21-22-23+24+25-26) 29

Balance fromPer Form 24 (24.69.99-99) 31 (1692) 1430

underwriting

year32

accountingTotal 39 (1692) 1430






GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



25

17032016:13:59:41

Form 20



Global business


Total primary (direct) and facultative marine business



number CM

R20 93792 340


1 2

Earned premium (21.19.5) 11 146313 165435

Claims incurred (22.17.4) 12 107758 112709

This year's


(accident year


15

16


19 (12627) (889)

Earned premium (21.11.5) 21 (7792) (7938)

Claims incurred (22.13.4) 22 (15000) 2944


prior years'


(accident year

accounting) 25


Balance (21-22-23+24+25-26) 29 4284 (10260)

Balance fromPer Form 24 (24.69.99-99) 31 (12376) (15424)

underwriting

year32

accountingTotal 39 (12376) (15424)






GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



26

17032016:13:59:41

Form 20



Global business


Primary (direct) and facultative goods in transit



number CM

R20 93792 350


1 2

Earned premium (21.19.5) 11 148359 153536

Claims incurred (22.17.4) 12 113127 103028

This year's


(accident year


15

16


19 (9117) 2728

Earned premium (21.11.5) 21 870 459

Claims incurred (22.13.4) 22 4050 (3705)


prior years'


(accident year

accounting) 25


Balance (21-22-23+24+25-26) 29 (5826) 4028


underwriting

year32







GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



27

17032016:13:59:41

Form 20



Global business


Balance of all primary (direct) and facultative business



number CM

R20 93792 409


1 2

Earned premium (21.19.5) 11 50804 73995

Claims incurred (22.17.4) 12 25218 38586

This year's


(accident year


15

16


19 7157 7810

Earned premium (21.11.5) 21 650 442

Claims incurred (22.13.4) 22 343 (2558)


prior years'


(accident year

accounting) 25


Balance (21-22-23+24+25-26) 29 302 2991


underwriting

year32

accountingTotal 39






GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



28

17032016:13:59:41

Form 20



Global business


Total non-proportional treaty reinsurance business accepted



number CM

R20 93792 500


1 2

Earned premium (21.19.5) 11 183749 1892

Claims incurred (22.17.4) 12 221059 443

This year's


(accident year


15

16


19 (52041) 747


Claims incurred (22.13.4) 22 (135) 547


prior years'


(accident year

accounting) 25


Balance (21-22-23+24+25-26) 29 135 (547)


underwriting

year32







GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



29

17032016:13:59:41

Form 20



Global business


Total proportional treaty reinsurance business accepted



number CM

R20 93792 600


1 2

Earned premium (21.19.5) 11 194221 10440

Claims incurred (22.17.4) 12 155341 1473

This year's


(accident year


15

16


19 11045 7635


Claims incurred (22.13.4) 22 (1684) (1454)


prior years'

underwritingAdjustment for discounting (22.51.4) 24 857 (600)

(accident year

accounting) 25

Net operating expenses (22.41.4) 26 1703

Balance (21-22-23+24+25-26) 29 838 854

Balance fromPer Form 24 (24.69.99-99) 31 19456 (13739)

underwriting

year32

accountingTotal 39 19456 (13739)

Balance of all years' underwriting (19+29+39) 49 31339 (5251)


Transfer to non-technical account (49+51) 59 31339 (5251)



GL 31 12 2015 £000



(22.19.4)




(11-12-13+14-15+16-17)



30

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

bu

sin

es

s

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

00

1

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

(48

47

) 6

43

(

54

90

)

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

861

7

75

68

1

30

6

95

5

73

11

6

61

3

For

periods o

f le

ss than 1

2 m

onth

s13

118

68

3

89

3

16

45

2

01

1

02

23

3

69

2

For

periods o

f 12 m

onth

s14

173

51

16

1

28

95

59

2

75

67

0

10

19

98

1

45

94

46

1

18

75

61

For

periods o

f m

ore

than 1

2 m

onth

s15

113

51

7

46

71

19

1

14

35

9

43

37

05

(

84

2)

33

41

4

16

191

01

93

3

36

12

5

32

42

63

2

44

43

0

15

85

93

0

91

69

5

Tota

l (1

2 t

o 1

6)

19

377

93

11

2

10

42

64

7

17

24

3

78

12

89

3

06

20

68

1

32

29

75

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

31

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

pri

mary

(d

ire

ct)

an

d f

acu

ltati

ve b

usin

ess

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

00

2

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

(48

47

) 6

43

(

54

90

)

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

861

7

75

68

1

30

6

95

5

73

11

6

61

3

For

periods o

f le

ss than 1

2 m

onth

s13

118

68

3

89

3

16

45

2

01

1

02

23

3

69

2

For

periods o

f 12 m

onth

s14

135

45

44

1

27

30

57

2

68

27

6

94

76

8

10

86

26

8

11

78

28

9

For

periods o

f m

ore

than 1

2 m

onth

s15

113

51

7

46

26

81

1

14

35

9

43

37

05

(

84

2)

28

97

6

16

189

79

96

3

36

12

5

31

68

59

2

44

43

0

15

81

13

8

91

69

5

Tota

l (1

2 t

o 1

6)

19

338

65

42

2

08

33

24

7

02

44

4

77

40

59

2

68

40

98

1

30

92

65

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

32

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

trea

ty r

ein

su

ran

ce a

cce

pte

d b

usin

es

s

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

00

3

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

For

periods o

f le

ss than 1

2 m

onth

s13

For

periods o

f 12 m

onth

s14

380

57

2

16

50

2

73

94

7

22

9

37

31

78

9

27

2

For

periods o

f m

ore

than 1

2 m

onth

s15

44

38

4

43

8

16

121

97

7

40

5

47

92

Tota

l (1

2 t

o 1

6)

19

392

76

9

20

94

0

14

79

9

72

29

3

77

97

0

13

71

1

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

33

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

pri

mary

(d

ire

ct)

an

d f

acu

ltati

ve p

ers

on

al

lin

es m

oto

r b

usin

ess

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

12

0

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

For

periods o

f le

ss than 1

2 m

onth

s13

For

periods o

f 12 m

onth

s14

952

34

1

11

92

0

12

86

6

98

0

82

36

8

11

09

40

For

periods o

f m

ore

than 1

2 m

onth

s15

16

162

15

0

57

78

8

56

0

15

63

73

(

85

60

)

Tota

l (1

2 t

o 1

6)

19

257

38

4

11

19

20

1

86

44

9

54

0

23

87

41

1

02

38

0

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

34

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Pri

ma

ry (

dir

ect)

an

d f

acu

ltati

ve h

ou

se

ho

ld a

nd

do

mes

tic a

ll r

isks

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

16

0

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

For

periods o

f le

ss than 1

2 m

onth

s13

For

periods o

f 12 m

onth

s14

322

05

8

32

53

69

3

41

78

1

00

8

28

78

81

3

24

36

1

For

periods o

f m

ore

than 1

2 m

onth

s15

16

351

07

8

17

02

3

49

37

6

Tota

l (1

2 t

o 1

6)

19

673

13

7

32

53

69

3

58

80

1

00

8

63

72

57

3

24

36

1

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

35

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

pri

mary

(d

ire

ct)

an

d f

acu

ltati

ve p

ers

on

al

lin

es f

inan

cia

l lo

ss

bu

sin

es

s Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

18

0

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

For

periods o

f le

ss than 1

2 m

onth

s13

229

2

46

3

94

9

13

43

4

63

For

periods o

f 12 m

onth

s14

160

64

1

15

90

42

1

60

64

1

15

90

42

For

periods o

f m

ore

than 1

2 m

onth

s15

16

152

08

6

15

20

86

Tota

l (1

2 t

o 1

6)

19

315

01

8

15

95

05

9

49

3

14

06

9

15

95

05

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

36

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

pri

mary

(d

ire

ct)

an

d f

acu

ltati

ve c

om

merc

ial

mo

tor

bu

sin

es

s

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

22

0

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

113

3

1

10

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

60

6

12

4

8

6

For

periods o

f le

ss than 1

2 m

onth

s13

147

6

9

14

7

69

For

periods o

f 12 m

onth

s14

819

78

8

83

88

1

68

60

1

71

6

51

19

8

82

17

For

periods o

f m

ore

than 1

2 m

onth

s15

866

32

4

08

70

8

65

83

2

33

53

33

2

08

00

7

33

75

16

456

11

3

29

84

48

1

62

08

0

21

04

59

2

94

03

3

87

98

9

Tota

l (1

2 t

o 1

6)

19

624

93

0

79

56

19

2

44

78

4

54

59

63

3

80

14

6

24

96

56

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

37

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

pri

mary

(d

ire

ct)

an

d f

acu

ltati

ve c

om

merc

ial

lin

es

pro

pert

y b

usin

es

s

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

26

0

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

328

3

14

1

4

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

658

0

36

06

4

97

4

44

6

08

3

31

62

For

periods o

f le

ss than 1

2 m

onth

s13

219

8

17

06

4

13

1

59

1

78

5

15

47

For

periods o

f 12 m

onth

s14

343

51

1

30

05

91

1

44

05

2

75

81

9

19

94

59

2

24

77

2

For

periods o

f m

ore

than 1

2 m

onth

s15

158

68

2

73

01

4

78

59

9

70

61

(

31

99

1)

(6

97

60

)

16

409

49

3

14

77

2

11

53

02

3

81

9

29

41

91

1

09

53

Tota

l (1

2 t

o 1

6)

19

777

65

1

34

79

76

3

08

12

4

17

73

02

4

69

52

7

17

06

74

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

38

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

pri

mary

(d

ire

ct)

an

d f

acu

ltati

ve c

om

merc

ial

lin

es

lia

bil

ity b

usin

es

s

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

27

0

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

853

1

95

6

58

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

117

7

12

96

2

19

4

8

95

8

12

48

For

periods o

f le

ss than 1

2 m

onth

s13

891

1

75

1

11

6

7

80

1

69

For

periods o

f 12 m

onth

s14

157

21

7

15

74

85

3

16

60

7

49

6

12

55

58

1

49

98

9

For

periods o

f m

ore

than 1

2 m

onth

s15

801

1

76

7

32

1

5

76

9

17

52

16

190

17

8

22

98

1

93

61

1

87

50

1

70

81

7

(1

64

52

)

Tota

l (1

2 t

o 1

6)

19

350

26

5

16

30

21

5

13

82

2

63

15

2

98

88

2

13

67

06

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

39

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

pri

mary

(d

ire

ct)

an

d f

acu

ltati

ve m

ari

ne

bu

sin

es

s

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

34

0

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

(77

43

) 4

9

(7

79

2)

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

(13

67

) 2

06

2

12

0

(1

48

7)

20

62

For

periods o

f le

ss than 1

2 m

onth

s13

302

3

24

0

13

8

28

85

2

40

For

periods o

f 12 m

onth

s14

819

56

4

90

97

1

29

54

1

45

1

69

00

2

47

64

6

For

periods o

f m

ore

than 1

2 m

onth

s15

711

1

14

28

0

37

2

54

5

67

39

1

37

35

16

726

74

1

37

34

3

50

0

24

83

6

91

74

1

12

51

Tota

l (1

2 t

o 1

6)

19

163

39

7

79

41

3

17

08

4

44

79

1

46

31

3

74

93

4

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

40

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Pri

ma

ry (

dir

ect)

an

d f

acu

ltati

ve g

oo

ds i

n t

ran

sit

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

35

0

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

945

7

5

87

0

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

(21

4)

59

8

45

5

46

3

(6

69

) 1

35

For

periods o

f le

ss than 1

2 m

onth

s13

278

6

12

38

3

4

36

2

75

2

12

02

For

periods o

f 12 m

onth

s14

966

28

6

10

55

1

41

20

7

56

1

82

50

8

53

49

5

For

periods o

f m

ore

than 1

2 m

onth

s15

299

8

99

33

2

64

7

51

2

73

4

91

82

16

691

25

3

61

5

80

91

3

59

6

10

34

3

25

6

Tota

l (1

2 t

o 1

6)

19

171

32

3

76

43

9

22

96

4

91

70

1

48

35

9

67

27

0

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

41

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Bala

nce

of

all

pri

ma

ry (

dir

ect)

an

d f

acu

ltati

ve b

usin

ess

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

40

9

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

657

7

6

50

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

238

1

3

23

78

For

periods o

f le

ss than 1

2 m

onth

s13

531

2

5

31

2

For

periods o

f 12 m

onth

s14

153

19

2

01

10

1

58

7

28

3

13

73

2

19

82

7

For

periods o

f m

ore

than 1

2 m

onth

s15

107

6

92

1

07

6

92

16

350

99

3

25

8

10

44

3

40

55

3

25

8

Tota

l (1

2 t

o 1

6)

19

534

37

2

40

62

2

63

4

28

3

50

80

4

23

77

9

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

42

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

no

n-p

rop

ort

ion

al tr

eaty

re

ins

ura

nc

e b

usin

ess

acc

ep

ted

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

50

0

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

For

periods o

f le

ss than 1

2 m

onth

s13

For

periods o

f 12 m

onth

s14

185

43

8

13

38

1

68

9

10

07

1

83

74

9

33

1

For

periods o

f m

ore

than 1

2 m

onth

s15

44

38

4

43

8

16

Tota

l (1

2 t

o 1

6)

19

185

43

8

57

76

1

68

9

10

07

1

83

74

9

47

70

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

43

17

03

20

16

:13

:59

:41

Fo

rm 2

1

Ge

nera

l in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

Nam

e o

f in

su

rer

Ro

yal

& S

un

All

ian

ce

In

su

ran

ce

plc

Glo

bal b

usin

ess

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

To

tal

pro

po

rtio

nal

trea

ty r

ein

su

ran

ce b

usin

ess

acc

ep

ted

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

Cate

go

ry

nu

mb

er

CM

nu

mb

er

R21

93

79

2G

L3

1

12

20

15

£0

00

60

0

Gro

ss p

rem

ium

s w

ritt

en

Rein

sure

rs' s

hare

Net

of

rein

sura

nce

Earn

ed in p

revio

us

Earn

ed in p

revio

us

Earn

ed in p

revio

us

financia

l years

financia

l years

financia

l years

13

5

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

11

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

Earn

ed In this

financia

l year

Un

ea

rned

at

en

d o

f

this

fin

ancia

l year

12

34

56

In r

espe

ct of

risks in

cepte

d in

pre

vio

us fin

ancia

l years

12

For

periods o

f le

ss than 1

2 m

onth

s13

For

periods o

f 12 m

onth

s14

195

13

4

15

16

4

57

05

6

22

3

18

94

29

8

94

1

For

periods o

f m

ore

than 1

2 m

onth

s15

16

121

97

7

40

5

47

92

Tota

l (1

2 t

o 1

6)

19

207

33

1

15

16

4

13

11

0

62

23

1

94

22

1

89

41

Pre

miu

ms r

ece

ivab

le d

uri

ng

th

e f

inan

cia

l year

In r

espe

ct of

risks

incepte

d in

this

finan

cia

l year

Pre

miu

ms r

eceiv

able

(le

ss r

eba

tes a

nd r

efu

nds)

in

pre

vio

us fin

ancia

l years

not

earn

ed

in th

ose y

ears

and

bro

ug

ht fo

rward

to

the

fin

an

cia

l year

44

17032016:13:59:41

Form 22

General insurance business (accident year accounting) : Analysis of claims, expenses and technical provisions

Name of company Royal & Sun Alliance Insurance plc

Global business


Total business

Company GL/registration UK/ day month year Units Category

number CM number

R22 93792 GL 31 12 2015 £000 001

Amount brought Amount Amount carried Amount

forward from payable/receivable forward to next attributable to this

previous financial in this financial financial year financial year

year year

1 2 3 4

Gross amount 11 4738539 1602295 3081690 (54553)

Reinsurers' share 12 818670 263908 532033 (22729)

Net (11-12) 13 3919869 1338388 2549657 (31824)

Claims management costs 14 80618 39886 53435 12703

Gross amount 15 928623 1506431 2435054

Reinsurers' share 16 124876 289532 414409

Net (15-16) 17 803746 1216899 2020645

Claims management costs 18 94549 23121 117670


Commissions 21 305518 594659 268699 631478

Other acquisition expenses 22 124226 220560 111710 233076

Net operating

expenses Administrative expenses 23 196248 196248

24 14580 13843 6136 22286

Total (21+22+23-24) 29 415164 997624 374273 1038516

Gross amount 31 374566 348936 (25630)

Reinsurers' share 32 42169 33567 (8602)

Claims management costs 33

Total (31-32+33) 39 332397 315369 (17028)

Prior financial years 41 5184 5184

This financial year 42 415164 992440 374273 1033332

51 332397 315369 (17028)

52

Split of line 29

Split of line 39

Incidents occurring prior to

this financial year Incidents occurring in this

financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year

Reinsurance commissions

and profit participations

Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

45

17032016:13:59:41

Form 22



Global business




number CM number

R22 93792 GL 31 12 2015 £000 002




year year

1 2 3 4

Gross amount 11 4643451 1560025 3033744 (49682)


Net (11-12) 13 3829886 1297862 2502018 (30005)


Gross amount 15 883694 1167481 2051175


Net (15-16) 17 761517 882729 1644245



Commissions 21 302232 545084 264011 583304


Net operating


24 12636 8057 3434 17259

Total (21+22+23-24) 29 413821 952805 372287 994340

Gross amount 31 373825 347338 (26487)



Total (31-32+33) 39 331656 313771 (17885)



51 331656 313771 (17885)

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

46

17032016:13:59:41

Form 22



Global business




number CM number

R22 93792 GL 31 12 2015 £000 003




year year

1 2 3 4

Gross amount 11 95088 42271 47946 (4871)


Net (11-12) 13 89983 40525 47639 (1819)


Gross amount 15 44928 338951 383879


Net (15-16) 17 42229 334171 376400



Commissions 21 3286 49576 4688 48174

Other acquisition expenses 22 433 433

Net operating


24 1943 5786 2702 5027

Total (21+22+23-24) 29 1343 44820 1986 44176

Gross amount 31 741 1598 857

Reinsurers' share 32


Total (31-32+33) 39 741 1598 857



51 741 1598 857

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

47

17032016:13:59:41

Form 22



Global business


Total primary (direct) and facultative personal lines motor business


number CM number

R22 93792 GL 31 12 2015 £000 120




year year

1 2 3 4

Gross amount 11 616209 209677 388571 (17960)

Reinsurers' share 12 87568 3782 84899 1113

Net (11-12) 13 528641 205896 303672 (19073)


Gross amount 15 102948 95288 198236


Net (15-16) 17 102058 90983 193041



Commissions 21 17836 16090 11111 22814


Net operating


24 442 (109) 332

Total (21+22+23-24) 29 39926 69567 30494 78999

Gross amount 31



Total (31-32+33) 39

Prior financial years 41


51

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

48

17032016:13:59:41

Form 22



Global business


Primary (direct) and facultative household and domestic all risks


number CM number

R22 93792 GL 31 12 2015 £000 160




year year

1 2 3 4

Gross amount 11 174214 114046 50478 (9690)


Net (11-12) 13 171110 112697 49472 (8941)


Gross amount 15 161087 135205 296292


Net (15-16) 17 160880 129769 290649



Commissions 21 100610 191134 92998 198746


Net operating


24 236 1486 1722

Total (21+22+23-24) 29 119686 279650 112935 286401

Gross amount 31



Total (31-32+33) 39



51

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

49

17032016:13:59:41

Form 22



Global business


Total primary (direct) and facultative personal lines financial loss business


number CM number

R22 93792 GL 31 12 2015 £000 180




year year

1 2 3 4

Gross amount 11 42812 29789 10091 (2931)


Net (11-12) 13 42421 29440 10061 (2920)


Gross amount 15 156420 30125 186545

Reinsurers' share 16 221 221

Net (15-16) 17 156199 30125 186324



Commissions 21 27127 57136 25870 58394


Net operating


24

Total (21+22+23-24) 29 36114 93726 35455 94384

Gross amount 31



Total (31-32+33) 39



51

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

50

17032016:13:59:41

Form 22



Global business


Total primary (direct) and facultative commercial motor business


number CM number

R22 93792 GL 31 12 2015 £000 220




year year

1 2 3 4

Gross amount 11 654736 187744 476811 9819


Net (11-12) 13 546094 166881 380478 1265


Gross amount 15 266780 245866 512646


Net (15-16) 17 172735 133258 305993



Commissions 21 13779 39237 12975 40042


Net operating


24 131 220 351

Total (21+22+23-24) 29 23454 61278 26747 57984

Gross amount 31



Total (31-32+33) 39



51

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

51

17032016:13:59:41

Form 22



Global business


Total primary (direct) and facultative commercial lines property business


number CM number

R22 93792 GL 31 12 2015 £000 260




year year

1 2 3 4

Gross amount 11 603381 378015 217666 (7701)


Net (11-12) 13 385254 242465 130237 (12552)


Gross amount 15 82430 313343 395773


Net (15-16) 17 68482 179167 247650



Commissions 21 69357 108253 55176 122434


Net operating


24 10670 7058 2912 14815

Total (21+22+23-24) 29 91624 220641 75480 236784

Gross amount 31



Total (31-32+33) 39



51

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

52

17032016:13:59:41

Form 22



Global business


Total primary (direct) and facultative commercial lines liability business


number CM number

R22 93792 GL 31 12 2015 £000 270




year year

1 2 3 4

Gross amount 11 2248633 452167 1778470 (17996)


Net (11-12) 13 1894823 382072 1535574 22822


Gross amount 15 20313 167527 187840


Net (15-16) 17 19409 155077 174487



Commissions 21 37747 70150 33348 74549


Net operating


24 522 87 102 507

Total (21+22+23-24) 29 54375 121758 48049 128083

Gross amount 31 373825 347338 (26487)



Total (31-32+33) 39 331656 313771 (17885)



51 331656 313771 (17885)

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

53

17032016:13:59:41

Form 22



Global business


Total primary (direct) and facultative marine business


number CM number

R22 93792 GL 31 12 2015 £000 340




year year

1 2 3 4

Gross amount 11 152032 68972 71757 (11304)


Net (11-12) 13 130439 54314 61126 (15000)


Gross amount 15 33126 85763 118890


Net (15-16) 17 29151 78606 107758



Commissions 21 16878 30358 14688 32547


Net operating


24 473 (1282) (809)

Total (21+22+23-24) 29 21429 50278 19470 52237

Gross amount 31



Total (31-32+33) 39



51

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

54

17032016:13:59:41

Form 22



Global business


Primary (direct) and facultative goods in transit


number CM number

R22 93792 GL 31 12 2015 £000 350




year year

1 2 3 4

Gross amount 11 90123 68524 27792 6193


Net (11-12) 13 76519 58690 21879 4050


Gross amount 15 45161 84454 129615


Net (15-16) 17 37214 75913 113127



Commissions 21 11723 26694 12932 25485


Net operating


24 17 646 420 243

Total (21+22+23-24) 29 16581 43429 17017 42994

Gross amount 31



Total (31-32+33) 39



51

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

55

17032016:13:59:41

Form 22



Global business


Balance of all primary (direct) and facultative business


number CM number

R22 93792 GL 31 12 2015 £000 409




year year

1 2 3 4

Gross amount 11 61311 51091 12109 1889


Net (11-12) 13 54585 45409 9520 343


Gross amount 15 15428 9910 25338


Net (15-16) 17 15388 9830 25218



Commissions 21 7174 6031 4913 8292


Net operating


24 145 (48) 97

Total (21+22+23-24) 29 10632 12479 6638 16473

Gross amount 31



Total (31-32+33) 39



51

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

56

17032016:13:59:41

Form 22



Global business


Total non-proportional treaty reinsurance business accepted


number CM number

R22 93792 GL 31 12 2015 £000 500




year year

1 2 3 4

Gross amount 11 891 791 473 372


Net (11-12) 13 516 168 213 (135)


Gross amount 15 374 220866 221240


Net (15-16) 17 199 220860 221059



Commissions 21 15630 15630

Other acquisition expenses 22

Net operating


24 1034 1034

Total (21+22+23-24) 29 14691 14691

Gross amount 31



Total (31-32+33) 39


This financial year 42 14691 14691

51

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

57

17032016:13:59:41

Form 22



Global business


Total proportional treaty reinsurance business accepted


number CM number

R22 93792 GL 31 12 2015 £000 600




year year

1 2 3 4

Gross amount 11 94197 41480 47474 (5243)


Net (11-12) 13 89467 40358 47426 (1684)


Gross amount 15 44554 118085 162639


Net (15-16) 17 42030 113310 155341



Commissions 21 3286 33946 4688 32544

Other acquisition expenses 22 433 433

Net operating


24 1943 4752 2702 3993

Total (21+22+23-24) 29 1343 30129 1986 29485

Gross amount 31 741 1598 857



Total (31-32+33) 39 741 1598 857



51 741 1598 857

52

Split of line 29

Split of line 39



financial year

Claims incurred

in respect of

incidents

occurring prior to

this financial year

Claims incurred

in respect of

incidents

occurring in this

financial year



Adjustments for

discounting in

respect of the

items shown at

lines 11 to 18

above

58

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal b

usin

es

s

R23

93

79

2G

L3

1 1

2 2

01

5£

00

00

01

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

803746

867930

348970

2020645

3062068

66.0

12

20

14

12

807586

1170835

664822

427216

105911

854772

297056

46121

1598

3182202

2.3

6

3.0

12

20

13

13

886326

1195557

560345

230107

306407

71801

493056

139889

(24630)

1677

3286533

(2.2

) 6

2.5

12

20

12

14

912132

1108015

717586

133697

174241

35630

305044

65167

(26643)

3055483

(4.2

) 6

4.6

12

20

11

15

906625

1128526

825635

108218

87434

31344

212918

29983

(15905)

3039308

(6.7

) 6

4.5

12

20

10

16

890146

1182053

1067421

63645

56460

18412

125775

23966

(11224)

2851741

2.0

7

3.5

12

20

09

17

860306

1022048

982775

43049

43527

21408

80574

27243

167

2746624

6.7

7

1.0

12

20

08

18

882684

1142328

1105571

23344

35773

8986

62884

9125

(3907)

2979140

2.7

6

9.0

12

20

07

19

843081

1079090

1023738

11831

18602

7638

35249

7253

(4431)

2831837

(1.6

) 6

7.3

12

20

06

20

585750

1102975

955072

6497

5329

4259

13589

4619

(2124)

2750107

(12.0

) 5

6.6

Pri

or

accid

ent ye

ars

21

53178

285671

803609

322377

809329

10751

312094

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

2142134

2308588

1457968

2506239

1413630

1988821

315369

59

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal p

rim

ary

(d

irec

t) a

nd

fac

ult

ati

ve b

us

ine

ss

R23

93

79

2G

L3

1 1

2 2

01

5£

00

00

02

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

761517

610209

272520

1644246

2684098

61.3

12

20

14

12

905685

1070820

624301

379580

105908

765193

297056

47540

3169870

3.6

6

3.6

12

20

13

13

882121

1178765

546607

230103

306407

71801

492652

139889

(24229)

1677

3263579

(2.0

) 6

2.4

12

20

12

14

912071

1107162

717134

133697

174241

35630

305044

65167

(26643)

3053425

(4.2

) 6

4.6

12

20

11

15

906625

1128526

825635

108218

87434

31344

212918

29983

(15905)

3039308

(6.7

) 6

4.5

12

20

10

16

890146

1182053

1067421

63645

56460

18412

125775

23966

(11224)

2851741

2.0

7

3.5

12

20

09

17

860306

1022048

982775

43049

43527

21408

80574

27243

167

2746624

6.7

7

1.0

12

20

08

18

882684

1142328

1105571

23344

35773

8986

62884

9125

(3907)

2979140

2.7

6

9.0

12

20

07

19

843081

1079090

1023738

11831

18602

7638

35249

7253

(4431)

2831837

(1.6

) 6

7.3

12

20

06

20

585750

1102975

955072

6497

5329

4259

13589

4619

(2124)

2750107

(12.0

) 5

6.6

Pri

or

accid

ent ye

ars

21

53178

285671

803609

322377

809329

10751

312094

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

2059379

2003231

1381516

2416256

1413630

1614240

313771

60

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal tr

ea

ty r

ein

su

ran

ce a

cc

ep

ted

bu

sin

es

s

R23

93

79

2G

L3

1 1

2 2

01

5£

00

00

03

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

42229

257721

76449

376400

377970

99.6

12

20

14

12

(98099)

100015

40521

47636

3

89579

(1419)

1598

12331

(11.9

) (

80.6

)

12

20

13

13

4205

16793

13738

4

404

(400)

22954

(18.2

) 7

8.2

12

20

12

14

61

853

452

2058

(47.0

) 2

4.9

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent ye

ars

21

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

82755

305357

76452

89983

374581

1598

61

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal p

rim

ary

(d

irec

t) a

nd

fac

ult

ati

ve p

ers

on

al lin

es m

oto

r b

usin

es

s

R23

93

79

2G

L3

1 1

2 2

01

5£

00

01

20

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

102058

72515

18468

193041

238741

80.9

12

20

14

12

141872

130977

72023

57250

3558

114357

13435

5039

374013

1.4

7

3.4

12

20

13

13

161118

194783

77980

35217

59152

69

93178

13437

(12177)

475946

(11.5

) 7

0.1

12

20

12

14

181989

197200

108881

28321

38272

3946

72145

8082

(9688)

534588

(9.0

) 6

7.6

12

20

11

15

239653

259366

171533

25444

14819

818

37270

6701

(2890)

655288

(18.0

) 6

9.0

12

20

10

16

276469

251078

246521

14479

8735

4546

22324

6223

(787)

639358

9.2

8

6.1

12

20

09

17

267697

243930

236882

11198

9724

6507

17961

8219

1249

588764

8.4

9

0.4

12

20

08

18

258004

217543

234787

6388

3366

1880

8847

1807

979

583490

13.3

8

6.4

12

20

07

19

215908

190947

211949

2443

99

40

2769

359

(546)

547347

12.4

7

8.6

12

20

06

20

190475

192351

180370

924

1767

959

2313

1594

(257)

517986

(4.3

) 7

2.3

Pri

or

accid

ent ye

ars

21

9458

46227

41938

57314

40305

4

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

307954

311926

82729

428478

100163

173968

62

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

Pri

mary

(d

irec

t) a

nd

fac

ult

ati

ve h

ou

se

ho

ld a

nd

do

mes

tic a

ll r

isk

s

R23

93

79

2G

L3

1 1

2 2

01

5£

00

01

60

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

160880

96262

33507

290649

637257

45.6

12

20

14

12

202947

107961

85269

17490

5605

83538

23891

936

704139

0.4

4

4.2

12

20

13

13

162147

124755

117493

14983

9430

4971

23472

11668

(5756)

680214

17.7

4

5.4

12

20

12

14

197762

108911

100233

5902

4461

607

9257

3306

(1594)

672618

2.1

4

5.9

12

20

11

15

171047

95896

86607

2508

2591

173

5939

980

(1647)

627874

(4.2

) 4

1.9

12

20

10

16

172647

160763

174054

1865

1505

132

3757

191

(446)

585482

10.4

5

9.8

12

20

09

17

172327

71874

77890

756

1

(108)

1216

44

(611)

565540

9.3

4

4.4

12

20

08

18

230825

115055

118439

355

102

13

48

6

416

662238

3.3

5

2.8

12

20

07

19

229899

106602

120634

448

152

174

519

35

220

571942

13.9

6

1.4

12

20

06

20

121162

101458

93701

136

(120)

278

99

143

51

467084

(7.4

) 4

6.1

Pri

or

accid

ent ye

ars

21

476

1922

93

2810

191

(510)

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

273577

133796

45445

130655

40454

281708

63

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal p

rim

ary

(d

irec

t) a

nd

fac

ult

ati

ve p

ers

on

al lin

es f

ina

nc

ial lo

ss b

us

ine

ss

R23

93

79

2G

L3

1 1

2 2

01

5£

00

01

80

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

156199

1452

28673

186324

314069

59.3

12

20

14

12

151284

32923

28211

1777

2109

2633

30291

(828)

299936

(2.5

) 6

1.1

12

20

13

13

137152

27675

27287

1019

475

2912

2680

3299

(1572)

284082

14.5

5

9.4

12

20

12

14

133300

29731

21100

456

462

744

1081

567

13

271591

(23.4

) 5

7.5

12

20

11

15

102590

23231

14358

245

258

82

398

348

(160)

222103

(35.7

) 5

2.9

12

20

10

16

59445

7216

6677

4

141

186

285

44

2

131942

(2.9

) 5

0.4

12

20

09

17

46455

9517

9490

97

25

41

151

36

(24)

102098

1.4

5

5.0

12

20

08

18

30455

7659

6488

62

36

195

6

(103)

78089

(14.0

) 4

7.4

12

20

07

19

19276

6674

4981

21

78

21

113

5

2

56779

(23.6

) 4

2.9

12

20

06

20

14563

5869

3271

5

72

5

87

(5)

56538

(42.9

) 3

1.7

Pri

or

accid

ent ye

ars

21

(679)

189

448

199

4

(245)

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

185639

4965

35221

7822

34600

183404

64

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal p

rim

ary

(d

irec

t) a

nd

fac

ult

ati

ve c

om

me

rcia

l m

oto

r b

usin

es

s

R23

93

79

2G

L3

1 1

2 2

01

5£

00

02

20

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

172735

122193

11065

305993

380146

80.5

12

20

14

12

215583

171414

77279

103611

12222

144338

26876

21897

489008

12.7

8

3.6

12

20

13

13

259703

223633

88793

30097

71446

15368

109404

12514

(5006)

575423

(8.0

) 8

0.9

12

20

12

14

259228

242483

151121

19893

40349

5942

60569

8733

(3117)

537395

(10.4

) 8

8.7

12

20

11

15

245480

234746

185843

14329

25613

3605

45792

1492

(3736)

508416

(2.3

) 9

3.4

12

20

10

16

234613

230844

227287

8160

9419

3464

24498

2371

(5826)

479183

7.6

1

00.8

12

20

09

17

209495

201268

207961

8080

7806

8432

16935

9183

(1799)

469885

15.4

9

4.0

12

20

08

18

183968

213184

194242

4739

6772

3553

11666

3124

274

492266

(1.8

) 7

9.9

12

20

07

19

172565

218470

176066

1059

4200

4169

6450

3151

(173)

488935

(15.1

) 7

3.2

12

20

06

20

133304

256982

196782

1452

470

2526

1545

3018

(116)

496042

(21.7

) 6

7.4

Pri

or

accid

ent ye

ars

21

1793

20831

30678

30720

23714

(1132)

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

339617

412710

101024

451917

94177

307257

65

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal p

rim

ary

(d

irec

t) a

nd

fac

ult

ati

ve c

om

me

rcia

l lin

es p

rop

ert

y b

usin

es

s

R23

93

79

2G

L3

1 1

2 2

01

5£

00

02

60

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

68482

118943

60225

247650

469527

52.7

12

20

14

12

87955

222493

165586

46045

12635

194612

21796

7857

529453

0.8

5

9.0

12

20

13

13

87125

236190

129918

53109

28315

8873

76000

16441

(2145)

553853

(6.8

) 5

5.5

12

20

12

14

92444

240466

196145

16886

12427

3172

37122

2575

(7212)

531826

(4.9

) 6

0.4

12

20

11

15

106019

258115

202826

2556

4614

2390

7539

5720

(3699)

509788

(17.7

) 6

2.5

12

20

10

16

95022

266344

207313

6286

5588

2090

13045

4202

(3283)

522640

(16.9

) 6

0.5

12

20

09

17

120190

203074

190881

(3051)

5017

305

1387

1751

(866)

472432

(4.9

) 6

6.3

12

20

08

18

120858

250510

225082

1054

2010

685

2494

1463

(207)

512556

(8.7

) 6

8.2

12

20

07

19

152933

240565

185535

51

195

399

530

75

39

510451

(22.6

) 6

6.4

12

20

06

20

85415

203850

186999

648

1171

359

1912

605

(340)

533093

(7.2

) 5

1.5

Pri

or

accid

ent ye

ars

21

(659)

(6687)

636

(3116)

(899)

(2696)

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

310947

217636

91768

331524

53729

235098

66

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal p

rim

ary

(d

irec

t) a

nd

fac

ult

ati

ve c

om

me

rcia

l lin

es lia

bilit

y b

usin

es

s

R23

93

79

2G

L3

1 1

2 2

01

5£

00

02

70

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

19409

80000

75078

174486

298882

58.4

12

20

14

12

25567

231206

82594

102535

60805

112388

117770

15776

386627

6.4

7

0.2

12

20

13

13

18356

234355

37685

65807

112963

37963

131579

74183

10970

1677

405376

8.6

6

7.3

12

20

12

14

27270

255108

113537

57723

77178

21045

118755

42225

(5034)

401820

5.6

7

3.9

12

20

11

15

22680

220373

135239

58869

38824

24248

111398

14618

(4075)

405218

16.7

6

9.1

12

20

10

16

31486

227079

173610

31471

29799

7986

59374

10834

(952)

394382

7.0

6

9.6

12

20

09

17

20671

256594

222788

25292

20588

6222

43176

7952

974

441176

7.1

6

7.0

12

20

08

18

35297

286943

277916

8952

23215

2801

37858

2465

(5355)

519211

9.0

6

7.1

12

20

07

19

37897

273098

277618

6901

13665

2831

24173

3583

(4358)

537575

10.2

6

3.0

12

20

06

20

27037

301324

254496

2970

1444

132

6814

(894)

(1375)

560838

(14.0

) 5

1.0

Pri

or

accid

ent ye

ars

21

41492

221520

729810

230728

745842

16252

312094

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

401480

721731

968919

876244

1018579

197308

313771

67

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal p

rim

ary

(d

irec

t) a

nd

fac

ult

ati

ve m

ari

ne

bu

sin

es

s

R23

93

79

2G

L3

1 1

2 2

01

5£

00

03

40

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

29151

49327

29280

107757

146313

73.6

12

20

14

12

27885

84824

43757

29420

12335

43869

44258

(2615)

157643

0.8

7

1.9

12

20

13

13

13013

48569

9413

8709

16338

3033

27221

13179

(12320)

104988

(22.8

) 4

8.1

12

20

12

14

1098

3422

3947

1187

1149

60

(22)

13919

50.0

4

4.8

12

20

11

15

1840

2547

3832

442

425

25

(8)

12257

67.8

4

9.9

12

20

10

16

676

2558

2682

127

121

9

(2)

5762

9.8

6

0.5

12

20

09

17

283

1516

1446

(299)

(308)

3

5

3850

(24.4

) 3

7.1

12

20

08

18

625

1389

1928

89

117

5

(32)

4028

45.3

6

5.6

12

20

07

19

303

4068

4053

115

128

(11)

(2)

4256

2.5

1

05.1

12

20

06

20

128

1644

567

127

127

2

(2)

1067

(57.8

) 7

7.0

Pri

or

accid

ent ye

ars

21

60

59

3

(1)

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

83465

95085

44648

72907

57532

92757

68

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

Pri

mary

(d

irec

t) a

nd

fac

ult

ati

ve g

oo

ds

in

tra

nsit

R23

93

79

2G

L3

1 1

2 2

01

5£

00

03

50

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

37214

63699

12214

113127

148359

76.3

12

20

14

12

40139

62889

46108

19561

(3549)

50832

11430

(142)

154406

(1.2

) 6

6.2

12

20

13

13

28032

59649

45273

10720

5682

(1431)

16515

(6316)

4771

107524

1.0

8

2.1

12

20

12

14

4187

6925

5689

316

139

49

728

(176)

(48)

23290

(10.6

) 4

4.6

12

20

11

15

4133

6508

5666

401

15

20

567

(30)

(101)

26256

(6.2

) 3

9.0

12

20

10

16

4633

8297

7219

415

273

8

1115

(33)

(386)

26045

(4.6

) 4

8.2

12

20

09

17

5139

7305

8872

405

40

(201)

(5)

651

29655

27.5

4

8.7

12

20

08

18

6005

12962

14099

174

172

624

120

(398)

34506

11.4

5

9.3

12

20

07

19

3572

9845

9670

71

5

78

1

(3)

35116

(1.0

) 3

7.9

12

20

06

20

3385

10859

15003

44

332

365

104

(93)

35368

41.6

5

3.1

Pri

or

accid

ent ye

ars

21

38

558

5

754

48

(202)

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

95905

90476

7316

71376

5143

117178

69

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

Ba

lan

ce

of

all p

rim

ary

(d

irec

t) a

nd

fac

ult

ati

ve b

us

ine

ss

R23

93

79

2G

L3

1 1

2 2

01

5£

00

04

09

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

15388

5819

4011

25218

50804

49.6

12

20

14

12

12454

26133

23475

1891

189

18625

7309

(380)

74646

(2.2

) 5

0.9

12

20

13

13

15475

29155

12765

10444

2606

43

12603

1483

(994)

76174

(11.3

) 5

4.3

12

20

12

14

14793

22915

16480

3014

952

125

4238

(205)

59

66378

(10.2

) 5

3.3

12

20

11

15

13183

27744

19731

3425

700

9

3591

131

412

72108

(14.0

) 5

1.4

12

20

10

16

15155

27873

22058

838

1000

1257

125

457

66947

(14.3

) 5

8.3

12

20

09

17

18049

26970

26564

571

326

9

256

61

588

73224

1.9

6

2.2

12

20

08

18

16647

37083

32590

1529

100

54

1035

129

519

92756

(7.6

) 5

4.9

12

20

07

19

10728

28819

33232

722

208

4

489

55

390

79436

18.6

5

6.5

12

20

06

20

10280

28637

23883

191

193

327

45

13

82091

(15.3

) 4

2.1

Pri

or

accid

ent ye

ars

21

1199

1111

1

2911

121

(720)

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

60796

14906

4445

45332

9254

25562

70

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal n

on

-pro

po

rtio

nal tr

eaty

rein

su

ran

ce b

us

ine

ss

ac

ce

pte

d

R23

93

79

2G

L3

1 1

2 2

01

5£

00

05

00

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

199

182080

38780

221059

183749

120.3

12

20

14

12

175

268

164

210

3

253

124

1892

40.8

2

9.2

12

20

13

13

1955

214

438

4

263

(259)

1002

106.6

2

39.1

12

20

12

14

9

141

74

1118

(47.5

) 7

.4

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent ye

ars

21

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

367

182291

38783

516

220924

71

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

3

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

To

tal p

rop

ort

ion

al tr

eaty

rein

su

ran

ce b

us

ine

ss

ac

ce

pte

d

R23

93

79

2G

L3

1 1

2 2

01

5£

00

06

00

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

ent year

ended

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

ting

pre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

t sin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar,

Re

po

rte

d (

ne

t)In

cu

rred

but

Re

po

rte

d (

ne

t)In

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

not

rep

ort

ed

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Month

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

42030

75641

37669

155341

194221

80.0

12

20

14

12

(98274)

99747

40358

47426

89326

(1542)

1598

10440

(12.0

) (

100.5

)

12

20

13

13

2250

16579

13300

141

(141)

21951

(19.8

) 7

0.8

12

20

12

14

52

712

378

940

(46.9

) 4

5.7

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent ye

ars

21

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

82388

123067

37669

89467

153657

1598

72

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rU

nit

sC

ate

go

ry

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

pre

miu

ms,

cla

ims a

nd

exp

en

ses

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

bu

sin

ess

R24

93792

GL

31 1

2 2

015

£000

001

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

Y

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

24

(5

3)

(2

9)

54

(3

2)

2527

1186

142

(967)

(3177)

119810

119486

Pre

miu

ms

writt

en

Rein

sure

rs' share

12

(1

46

8)

5014

1088

982

352

(819)

36747

41896

Net

(11-1

2)

19

1492

(5

3)

(2

9)

54

(3

2)

(2

48

7)

98

(840)

(1319)

(2358)

83063

77590

Gro

ss a

mount

21

18924

(5

86

) 5

32

1379

1705

3557

10751

24380

31066

26094

5698

123501

Cla

ims

paid

Rein

sure

rs' share

22

8071

10

104

106

18

2462

(3

07

3)

7661

6967

8414

30739

Net

(21-2

2)

29

10853

(5

96

) 4

28

1273

1687

1095

13825

16719

24099

17681

5698

92762

Cla

ims m

anagem

ent

costs

39

859

32

20

33

6

94

307

601

134

284

95

2466

Com

mis

sio

ns

41

4

(4

) 9

1

3

9

28

332

601

387

226

13605

15209

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

549

7

94

2022

2672

44

(2

) (

2)

(1

1)

(4

4)

5

(478)

1358

826

Payable

net

(41+

42+

43-4

4)

49

6

(2

) 2

0

13

9

28

376

1145

872

(1038)

15627

17055

Bro

ught

Undis

counte

d51

77822

1809

2568

10681

8912

7566

32374

47704

56756

61957

308150

Technic

al

forw

ard

Adju

stm

ent

for

dis

counting

52

9960

9960

pro

vis

ions

Carr

ied

Undis

counte

d53

74022

1979

3783

8088

6805

7193

13741

30472

7107

53747

41539

248476

forw

ard

Adju

stm

ent

for

dis

counting

54

8849

8849

59

(2

68

9)

170

1215

(2

59

3)

(2

10

7)

(3

73

) (

18

633

) (

17233)

(49649)

(8211)

41539

(58564)

69

(7

53

6)

343

(1

71

2)

1328

373

(3

33

1)

4224

(2073)

23225

(11075)

20105

23871

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Ca

teg

ory

nu

mb

er

Rein

sure

rs' com

mis

sio

ns a

nd

pro

fit

part

icip

ations

Incre

ase (

decre

ase)

in t

he

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

73

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

pre

miu

ms,

cla

ims a

nd

exp

en

ses

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

pri

mary

(d

irect)

an

d f

acu

ltati

ve b

usin

ess

R24

93792

GL

31 1

2 2

015

£000

002

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

Y

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

15

(5

6)

(3

1)

54

(3

2)

2510

911

(42)

3329

Pre

miu

ms

writt

en

Rein

sure

rs' share

12

(1

46

8)

3287

976

965

3760

Net

(11-1

2)

19

1483

(5

6)

(3

1)

54

(3

2)

(7

77

) (

65

) (

1007)

(431)

Gro

ss a

mount

21

3471

(5

86

) 2

41

2133

426

2354

8603

16883

33525

Cla

ims

paid

Rein

sure

rs' share

22

1895

10

104

106

16

940

(3

35

9)

1454

1166

Net

(21-2

2)

29

1576

(5

96

) 1

37

2027

410

1414

11962

15429

32359

Cla

ims m

anagem

ent

costs

39

260

32

20

33

6

94

307

601

1353

Com

mis

sio

ns

41

4

(5

) 9

1

3

9

22

249

532

833

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

547

547

44

(4

4)

3

(41)

Payable

net

(41+

42+

43-4

4)

49

4

(5

) 9

1

3

9

22

293

1076

1421

Bro

ught

Undis

counte

d51

50460

1797

2432

8407

7001

7450

21469

37023

136039

Technic

al

forw

ard

Adju

stm

ent

for

dis

counting

52

7190

7190

pro

vis

ions

Carr

ied

Undis

counte

d53

57185

1914

1694

5978

5073

4830

10194

26672

113540

forw

ard

Adju

stm

ent

for

dis

counting

54

8849

8849

59

5066

117

(7

38

) (

24

29)

(1

92

8)

(2

62

0)

(1

12

75

) (

10351)

(24158)

69

(5

42

3)

396

541

410

1471

313

(1

35

2)

(7762)

(11406)

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Ca

teg

ory

nu

mb

er

Rein

sure

rs' com

mis

sio

ns a

nd

pro

fit

part

icip

ations

Incre

ase (

decre

ase)

in t

he

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

74

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

pre

miu

ms,

cla

ims a

nd

exp

en

ses

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

treaty

rein

su

ran

ce a

ccep

ted

bu

sin

ess

R24

93792

GL

31 1

2 2

015

£000

003

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

Y

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

9

3

2

17

275

184

(967)

(3177)

119810

116157

Pre

miu

ms

writt

en

Rein

sure

rs' share

12

1727

112

17

352

(819)

36747

38136

Net

(11-1

2)

19

9

3

2

(1

71

0)

163

167

(1319)

(2358)

83063

78021

Gro

ss a

mount

21

15453

291

(7

54

) 1

279

1203

2148

7497

31066

26094

5698

89976

Cla

ims

paid

Rein

sure

rs' share

22

6176

2

1522

286

6207

6967

8414

29573

Net

(21-2

2)

29

9277

291

(7

54

) 1

277

(3

19

) 1

863

1290

24099

17681

5698

60403

Cla

ims m

anagem

ent

costs

39

599

134

284

95

1113

Com

mis

sio

ns

41

1

6

83

69

387

226

13605

14376

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

2

7

94

2022

2125

44

(2

) (

2)

(1

1)

2

(478)

1358

867

Payable

net

(41+

42+

43-4

4)

49

2

3

11

6

83

69

872

(1038)

15627

15634

Bro

ught

Undis

counte

d51

27362

12

136

2274

1911

116

10905

10681

56756

61957

172111

Technic

al

forw

ard

Adju

stm

ent

for

dis

counting

52

2770

2770

pro

vis

ions

Carr

ied

Undis

counte

d53

16837

65

2089

2110

1732

2363

3547

3800

7107

53747

41539

134936

forw

ard

Adju

stm

ent

for

dis

counting

54

59

(7

75

5)

53

1953

(1

64

) (

17

9)

2247

(7

35

8)

(6882)

(49649)

(8211)

41539

(34406)

69

(2

11

3)

(5

3)

(2

25

3)

918

(1

09

8)

(3

64

4)

5576

5689

23225

(11075)

20105

35277

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Ca

teg

ory

nu

mb

er

Rein

sure

rs' com

mis

sio

ns a

nd

pro

fit

part

icip

ations

Incre

ase (

decre

ase)

in t

he

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

75

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

pre

miu

ms,

cla

ims a

nd

exp

en

ses

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

pri

mary

(d

irect)

an

d f

acu

ltati

ve a

via

tio

n b

usin

ess

R24

93792

GL

31 1

2 2

015

£000

330

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

Y

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

Pre

miu

ms

writt

en

Rein

sure

rs' share

12

(1

46

9)

(1469)

Net

(11-1

2)

19

1469

1469

Gro

ss a

mount

21

2277

10

33

2320

Cla

ims

paid

Rein

sure

rs' share

22

950

10

33

993

Net

(21-2

2)

29

1327

1327

Cla

ims m

anagem

ent

costs

39

241

241

Com

mis

sio

ns

41

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

44

Payable

net

(41+

42+

43-4

4)

49

Bro

ught

Undis

counte

d51

19042

19042

Technic

al

forw

ard

Adju

stm

ent

for

dis

counting

52

2061

2061

pro

vis

ions

Carr

ied

Undis

counte

d53

21624

21624

forw

ard

Adju

stm

ent

for

dis

counting

54

3050

3050

59

1593

1593

69

(1

69

2)

(1692)

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Ca

teg

ory

nu

mb

er

Rein

sure

rs' com

mis

sio

ns a

nd

pro

fit

part

icip

ations

Incre

ase (

decre

ase)

in t

he

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

76

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

pre

miu

ms,

cla

ims a

nd

exp

en

ses

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

pri

mary

(d

irect)

an

d f

acu

ltati

ve m

ari

ne b

usin

ess

R24

93792

GL

31 1

2 2

015

£000

340

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

Y

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

17

(5

3)

(5

5)

86

6

2587

1323

367

4278

Pre

miu

ms

writt

en

Rein

sure

rs' share

12

1

3287

1014

945

5247

Net

(11-1

2)

19

16

(5

3)

(5

5)

86

6

(7

00

) 3

09

(578)

(969)

Gro

ss a

mount

21

1202

(1

81

) 3

77

1622

400

3308

7302

11471

25501

Cla

ims

paid

Rein

sure

rs' share

22

945

71

33

21

928

(3

28

0)

657

(625)

Net

(21-2

2)

29

257

(1

81

) 3

06

1589

379

2380

10582

10814

26126

Cla

ims m

anagem

ent

costs

39

17

19

11

13

5

62

260

321

708

Com

mis

sio

ns

41

3

(6

) 3

1

3

7

20

204

522

766

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

547

547

44

(4

4)

(44)

Payable

net

(41+

42+

43-4

4)

49

3

(6

) 3

1

3

7

20

248

1069

1357

Bro

ught

Undis

counte

d51

30565

1541

1462

5213

5954

6430

14555

21161

86881

Technic

al

forw

ard

Adju

stm

ent

for

dis

counting

52

5129

5129

pro

vis

ions

Carr

ied

Undis

counte

d53

34811

1540

882

4083

4206

3643

3847

17755

70767

forw

ard

Adju

stm

ent

for

dis

counting

54

5799

5799

59

3576

(1

) (

58

0)

(1

13

0)

(1

74

8)

(2

78

7)

(1

07

08

) (

3406)

(16784)

69

(3

83

7)

116

205

(3

99

) 1

363

(3

75

) (

73

) (

9376)

(12376)

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Ca

teg

ory

nu

mb

er

Rein

sure

rs' com

mis

sio

ns a

nd

pro

fit

part

icip

ations

Incre

ase (

decre

ase)

in t

he

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

77

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

pre

miu

ms,

cla

ims a

nd

exp

en

ses

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Pri

mary

(d

irect)

an

d f

acu

ltati

ve g

oo

ds i

n t

ran

sit

R24

93792

GL

31 1

2 2

015

£000

350

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

Y

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

(2

) (

3)

24

(3

2)

(3

8)

(7

7)

(4

12

) (

409)

(949)

Pre

miu

ms

writt

en

Rein

sure

rs' share

12

(3

8)

20

(18)

Net

(11-1

2)

19

(2

) (

3)

24

(3

2)

(3

8)

(7

7)

(3

74

) (

429)

(931)

Gro

ss a

mount

21

(8

) (

41

5)

(1

69

) 5

11

26

(9

54

) 1

301

5412

5704

Cla

ims

paid

Rein

sure

rs' share

22

73

(5

) 1

2

(7

9)

797

798

Net

(21-2

2)

29

(8

) (

41

5)

(1

69

) 4

38

31

(9

66

) 1

380

4615

4906

Cla

ims m

anagem

ent

costs

39

2

13

9

20

1

32

47

280

404

Com

mis

sio

ns

41

1

1

6

2

2

45

10

67

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

44

3

3

Payable

net

(41+

42+

43-4

4)

49

1

1

6

2

2

45

7

64

Bro

ught

Undis

counte

d51

853

256

970

3194

1047

1020

6914

15862

30116

Technic

al

forw

ard

Adju

stm

ent

for

dis

counting

52

pro

vis

ions

Carr

ied

Undis

counte

d53

750

374

812

1895

867

1187

6347

8917

21149

forw

ard

Adju

stm

ent

for

dis

counting

54

59

(1

03

) 1

18

(1

58

) (

12

99)

(1

80

) 1

67

(5

67

) (

6945)

(8967)

69

106

280

336

809

108

688

(1

27

9)

1614

2662

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Ca

teg

ory

nu

mb

er

Rein

sure

rs' com

mis

sio

ns a

nd

pro

fit

part

icip

ations

Incre

ase (

decre

ase)

in t

he

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

78

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

pre

miu

ms,

cla

ims a

nd

exp

en

ses

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

no

n-p

rop

ort

ion

al

treaty

rein

su

ran

ce b

usin

es

s a

ccep

ted

R24

93792

GL

31 1

2 2

015

£000

500

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

Y

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

1

(75)

430

(695)

63147

62807

Pre

miu

ms

writt

en

Rein

sure

rs' share

12

1720

1

(75)

12074

13720

Net

(11-1

2)

19

(1

72

0)

430

(695)

51073

49087

Gro

ss a

mount

21

852

291

(7

62

) 1

232

460

51

4075

17361

8506

5183

37250

Cla

ims

paid

Rein

sure

rs' share

22

24

1522

44

3427

1970

1512

8499

Net

(21-2

2)

29

828

291

(7

62

) 1

232

(1

06

2)

7

648

15392

6994

5183

28751

Cla

ims m

anagem

ent

costs

39

5

9

33

57

104

Com

mis

sio

ns

41

10

10

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

44

2

2

Payable

net

(41+

42+

43-4

4)

49

(2)

10

8

Bro

ught

Undis

counte

d51

14970

4

80

824

113

75

734

1861

21097

11254

51012

Technic

al

forw

ard

Adju

stm

ent

for

dis

counting

52

pro

vis

ions

Carr

ied

Undis

counte

d53

15439

25

137

62

29

1021

892

2059

3542

4457

27754

55415

forw

ard

Adju

stm

ent

for

dis

counting

54

59

469

21

57

(7

62

) (

84

) 9

45

158

197

(17555)

(6796)

27754

4403

69

(1

30

2)

(2

1)

(3

48

) 1

524

(1

14

8)

(1

60

4)

(1

65

) (

843)

2585

(936)

18079

15821

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Ca

teg

ory

nu

mb

er

Rein

sure

rs' com

mis

sio

ns a

nd

pro

fit

part

icip

ations

Incre

ase (

decre

ase)

in t

he

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

79

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

pre

miu

ms,

cla

ims a

nd

exp

en

ses

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

pro

po

rtio

nal

treaty

rein

su

ran

ce b

usin

ess a

ccep

ted

R24

93792

GL

31 1

2 2

015

£000

600

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

Y

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

9

3

2

17

274

259

(1397)

(2482)

56663

53350

Pre

miu

ms

writt

en

Rein

sure

rs' share

12

7

111

92

352

(819)

24673

24416

Net

(11-1

2)

19

9

3

2

10

163

167

(1749)

(1663)

31990

28934

Gro

ss a

mount

21

14601

7

47

743

2097

3422

13705

17589

515

52726

Cla

ims

paid

Rein

sure

rs' share

22

6152

2

241

2779

4998

6902

21074

Net

(21-2

2)

29

8449

7

46

743

1856

643

8707

10687

515

31652

Cla

ims m

anagem

ent

costs

39

594

126

251

38

1009

Com

mis

sio

ns

41

1

6

83

69

387

216

13605

14366

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

2

7

94

2022

2125

44

(2

) (

2)

(1

1)

(478)

1358

865

Payable

net

(41+

42+

43-4

4)

49

2

3

11

6

83

71

872

(1048)

15627

15626

Bro

ught

Undis

counte

d51

12392

8

57

1450

1798

41

10172

8820

35658

50704

121100

Technic

al

forw

ard

Adju

stm

ent

for

dis

counting

52

2770

2770

pro

vis

ions

Carr

ied

Undis

counte

d53

1398

40

1953

2048

1703

1343

2655

1741

3565

49289

13785

79520

forw

ard

Adju

stm

ent

for

dis

counting

54

59

(8

22

4)

32

1896

598

(9

5)

1302

(7

51

7)

(7079)

(32093)

(1414)

13785

(38809)

69

(8

11

) (

32

) (

19

04)

(6

06

) 5

0

(2

04

0)

5741

6532

20640

(10138)

2025

19456

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Ca

teg

ory

nu

mb

er

Rein

sure

rs' com

mis

sio

ns a

nd

pro

fit

part

icip

ations

Incre

ase (

decre

ase)

in t

he

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

80

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

5

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

tech

nic

al

pro

vis

ion

s

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

bu

sin

ess

R25

93792

GL

31 1

2 2

015

£000

001

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

YY

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

69641

1949

4490

7737

6928

7649

17797

34840

6536

42292

35054

234912

Rein

sure

rs' share

12

17077

63

758

114

362

683

1443

5605

511

2585

9109

38310

Gro

ss a

mount

13

26316

100

60

412

217

234

(2

00

) (

376)

(1707)

(3382)

2833

24507

Rein

sure

rs' share

14

6635

29

28

8

41

80

4092

768

11681

Cla

ims m

anagem

ent

costs

15

1777

22

19

61

64

50

169

271

2433

Gro

ss a

mount

16

11705

11705

Rein

sure

rs' share

17

2856

2856

Cla

ims m

anagem

ent

costs

18

19

Bala

nce o

f th

e f

und

20

21

65173

1979

3783

8088

6805

7169

12231

28361

4318

36325

28779

203012

Pro

vis

ion f

or

unearn

ed p

rem

ium

s22

31

2276

2774

3660

23096

16376

48213

Pro

vis

ion f

or

unexpired r

isks

23

Defe

rred a

cquis

itio

n c

osts

24

7

766

664

872

5675

3616

11599

25

Tota

l (2

1+

22

+23-2

4+

25)

29

65173

1979

3783

8088

6805

7193

13741

30472

7107

53747

41539

239627

Ca

teg

ory

nu

mb

er

Report

ed

cla

ims

outs

tandin

g

81

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Cla

ims

incurr

ed b

ut

not

report

ed

Adju

stm

ent

for

dis

counting

Allo

cation t

o/(

from

) anoth

er

risk c

ate

gory

of

anticip

ate

d s

urp

lus

Cla

ims o

uts

tandin

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs t

o b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

17

03

20

16

:13

:59

:41

Fo

rm 2

5

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

tech

nic

al

pro

vis

ion

s

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

pri

mary

(d

irect)

an

d f

acu

ltati

ve b

usin

ess

R25

93792

GL

31 1

2 2

015

£000

002

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

YY

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

52859

1884

2401

5627

5189

5044

15688

27651

116343

Rein

sure

rs' share

12

16561

63

758

114

356

418

1371

2051

21692

Gro

ss a

mount

13

25611

100

60

412

217

234

(2

00

) (

376)

26058

Rein

sure

rs' share

14

6501

29

28

8

41

80

4092

768

11547

Cla

ims m

anagem

ent

costs

15

1777

22

19

61

64

50

169

271

2433

Gro

ss a

mount

16

11705

11705

Rein

sure

rs' share

17

2856

2856

Cla

ims m

anagem

ent

costs

18

19

Bala

nce o

f th

e f

und

20

21

48336

1914

1694

5978

5073

4830

10194

24727

102746

Pro

vis

ion f

or

unearn

ed p

rem

ium

s22

2550

2550

Pro

vis

ion f

or

unexpired r

isks

23

Defe

rred a

cquis

itio

n c

osts

24

605

605

25

Tota

l (2

1+

22

+23-2

4+

25)

29

48336

1914

1694

5978

5073

4830

10194

26672

104691

Ca

teg

ory

nu

mb

er

Report

ed

cla

ims

outs

tandin

g

82

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Cla

ims

incurr

ed b

ut

not

report

ed

Adju

stm

ent

for

dis

counting

Allo

cation t

o/(

from

) anoth

er

risk c

ate

gory

of

anticip

ate

d s

urp

lus

Cla

ims o

uts

tandin

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs t

o b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

17

03

20

16

:13

:59

:41

Fo

rm 2

5

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

tech

nic

al

pro

vis

ion

s

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

treaty

rein

su

ran

ce a

ccep

ted

bu

sin

ess

R25

93792

GL

31 1

2 2

015

£000

003

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

YY

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

16782

65

2089

2110

1739

2605

2109

7189

6536

42292

35054

118569

Rein

sure

rs' share

12

516

6

265

72

3554

511

2585

9109

16618

Gro

ss a

mount

13

705

(1707)

(3382)

2833

(1551)

Rein

sure

rs' share

14

134

134

Cla

ims m

anagem

ent

costs

15

Gro

ss a

mount

16

Rein

sure

rs' share

17

Cla

ims m

anagem

ent

costs

18

19

Bala

nce o

f th

e f

und

20

21

16837

65

2089

2110

1732

2339

2037

3634

4318

36325

28779

100266

Pro

vis

ion f

or

unearn

ed p

rem

ium

s22

31

2276

224

3660

23096

16376

45663

Pro

vis

ion f

or

unexpired r

isks

23

Defe

rred a

cquis

itio

n c

osts

24

7

766

59

872

5675

3616

10994

25

Tota

l (2

1+

22

+23-2

4+

25)

29

16837

65

2089

2110

1732

2363

3547

3800

7107

53747

41539

134936

Ca

teg

ory

nu

mb

er

Report

ed

cla

ims

outs

tandin

g

83

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Cla

ims

incurr

ed b

ut

not

report

ed

Adju

stm

ent

for

dis

counting

Allo

cation t

o/(

from

) anoth

er

risk c

ate

gory

of

anticip

ate

d s

urp

lus

Cla

ims o

uts

tandin

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs t

o b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

17

03

20

16

:13

:59

:41

Fo

rm 2

5

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

tech

nic

al

pro

vis

ion

s

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

pri

mary

(d

irect)

an

d f

acu

ltati

ve a

via

tio

n b

usin

ess

R25

93792

GL

31 1

2 2

015

£000

330

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

YY

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

17501

44

43

17588

Rein

sure

rs' share

12

6583

44

43

6670

Gro

ss a

mount

13

14698

29

28

14755

Rein

sure

rs' share

14

4790

29

28

4847

Cla

ims m

anagem

ent

costs

15

798

798

Gro

ss a

mount

16

4088

4088

Rein

sure

rs' share

17

1038

1038

Cla

ims m

anagem

ent

costs

18

19

Bala

nce o

f th

e f

und

20

21

18574

18574

Pro

vis

ion f

or

unearn

ed p

rem

ium

s22

Pro

vis

ion f

or

unexpired r

isks

23

Defe

rred a

cquis

itio

n c

osts

24

25

Tota

l (2

1+

22

+23-2

4+

25)

29

18574

18574

Ca

teg

ory

nu

mb

er

Report

ed

cla

ims

outs

tandin

g

84

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Cla

ims

incurr

ed b

ut

not

report

ed

Adju

stm

ent

for

dis

counting

Allo

cation t

o/(

from

) anoth

er

risk c

ate

gory

of

anticip

ate

d s

urp

lus

Cla

ims o

uts

tandin

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs t

o b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

17

03

20

16

:13

:59

:41

Fo

rm 2

5

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

tech

nic

al

pro

vis

ion

s

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

pri

mary

(d

irect)

an

d f

acu

ltati

ve m

ari

ne b

usin

ess

R25

93792

GL

31 1

2 2

015

£000

340

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

YY

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

34571

1470

1458

4071

4278

3805

8427

15897

73977

Rein

sure

rs' share

12

9935

19

617

114

303

356

1028

1034

13406

Gro

ss a

mount

13

10913

71

32

94

217

234

390

2484

14435

Rein

sure

rs' share

14

1711

8

41

80

4048

665

6553

Cla

ims m

anagem

ent

costs

15

973

18

9

40

55

40

106

177

1418

Gro

ss a

mount

16

7617

7617

Rein

sure

rs' share

17

1818

1818

Cla

ims m

anagem

ent

costs

18

19

Bala

nce o

f th

e f

und

20

21

29012

1540

882

4083

4206

3643

3847

16859

64072

Pro

vis

ion f

or

unearn

ed p

rem

ium

s22

1185

1185

Pro

vis

ion f

or

unexpired r

isks

23

Defe

rred a

cquis

itio

n c

osts

24

289

289

25

Tota

l (2

1+

22

+23-2

4+

25)

29

29012

1540

882

4083

4206

3643

3847

17755

64968

Ca

teg

ory

nu

mb

er

Report

ed

cla

ims

outs

tandin

g

85

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Cla

ims

incurr

ed b

ut

not

report

ed

Adju

stm

ent

for

dis

counting

Allo

cation t

o/(

from

) anoth

er

risk c

ate

gory

of

anticip

ate

d s

urp

lus

Cla

ims o

uts

tandin

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs t

o b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

17

03

20

16

:13

:59

:41

Fo

rm 2

5

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

tech

nic

al

pro

vis

ion

s

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Pri

mary

(d

irect)

an

d f

acu

ltati

ve g

oo

ds i

n t

ran

sit

R25

93792

GL

31 1

2 2

015

£000

350

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

YY

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

787

370

900

1556

911

1239

7261

11754

24778

Rein

sure

rs' share

12

43

98

53

62

343

1017

1616

Gro

ss a

mount

13

318

(5

90

) (

2860)

(3132)

Rein

sure

rs' share

14

44

103

147

Cla

ims m

anagem

ent

costs

15

6

4

10

21

9

10

63

94

217

Gro

ss a

mount

16

Rein

sure

rs' share

17

Cla

ims m

anagem

ent

costs

18

19

Bala

nce o

f th

e f

und

20

21

750

374

812

1895

867

1187

6347

7868

20100

Pro

vis

ion f

or

unearn

ed p

rem

ium

s22

1365

1365

Pro

vis

ion f

or

unexpired r

isks

23

Defe

rred a

cquis

itio

n c

osts

24

316

316

25

Tota

l (2

1+

22

+23-2

4+

25)

29

750

374

812

1895

867

1187

6347

8917

21149

Ca

teg

ory

nu

mb

er

Report

ed

cla

ims

outs

tandin

g

86

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Cla

ims

incurr

ed b

ut

not

report

ed

Adju

stm

ent

for

dis

counting

Allo

cation t

o/(

from

) anoth

er

risk c

ate

gory

of

anticip

ate

d s

urp

lus

Cla

ims o

uts

tandin

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs t

o b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

17

03

20

16

:13

:59

:41

Fo

rm 2

5

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

tech

nic

al

pro

vis

ion

s

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

no

n-p

rop

ort

ion

al

treaty

rein

su

ran

ce b

usin

es

s a

ccep

ted

R25

93792

GL

31 1

2 2

015

£000

500

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

YY

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

15542

25

137

62

32

1286

964

5573

3207

4527

30037

61392

Rein

sure

rs' share

12

281

3

265

72

3514

39

70

7000

11244

Gro

ss a

mount

13

272

2833

3105

Rein

sure

rs' share

14

94

94

Cla

ims m

anagem

ent

costs

15

Gro

ss a

mount

16

Rein

sure

rs' share

17

Cla

ims m

anagem

ent

costs

18

19

Bala

nce o

f th

e f

und

20

21

15439

25

137

62

29

1021

892

2059

3168

4457

25870

53159

Pro

vis

ion f

or

unearn

ed p

rem

ium

s22

374

1883

2257

Pro

vis

ion f

or

unexpired r

isks

23

Defe

rred a

cquis

itio

n c

osts

24

25

Tota

l (2

1+

22

+23-2

4+

25)

29

15439

25

137

62

29

1021

892

2059

3542

4457

27754

55415

Ca

teg

ory

nu

mb

er

Report

ed

cla

ims

outs

tandin

g

87

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Cla

ims

incurr

ed b

ut

not

report

ed

Adju

stm

ent

for

dis

counting

Allo

cation t

o/(

from

) anoth

er

risk c

ate

gory

of

anticip

ate

d s

urp

lus

Cla

ims o

uts

tandin

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs t

o b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

17

03

20

16

:13

:59

:41

Fo

rm 2

5

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

ac

co

un

tin

g)

: A

naly

sis

of

tech

nic

al

pro

vis

ion

s

Nam

e o

f in

sure

rR

oyal

& S

un

All

ian

ce I

nsu

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31 D

ecem

ber

2015

To

tal

pro

po

rtio

nal

treaty

rein

su

ran

ce b

usin

ess a

ccep

ted

R25

93792

GL

31 1

2 2

015

£000

600

U

nd

erw

riti

ng

year

en

ded

Prio

r

und

erw

ritin

g

ye

ars

MM

YY

MM

YY

MM

YY

MM

YY

MM

YY

MM

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

YY

Tota

l all

pre

vio

us

colu

mns

29 2

912

0

612

0

712

0

812

0

912

1

012

1

112

1

212

13

12

14

12

15

99 9

9

Gro

ss a

mount

11

1240

40

1953

2048

1706

1319

1145

1616

3329

37765

5017

57178

Rein

sure

rs' share

12

235

3

40

472

2515

2108

5374

Gro

ss a

mount

13

433

(1707)

(3382)

(4656)

Rein

sure

rs' share

14

40

40

Cla

ims m

anagem

ent

costs

15

Gro

ss a

mount

16

Rein

sure

rs' share

17

Cla

ims m

anagem

ent

costs

18

19

Bala

nce o

f th

e f

und

20

21

1398

40

1953

2048

1703

1319

1145

1576

1150

31868

2908

47107

Pro

vis

ion f

or

unearn

ed p

rem

ium

s22

31

2276

224

3287

23096

14493

43407

Pro

vis

ion f

or

unexpired r

isks

23

Defe

rred a

cquis

itio

n c

osts

24

7

766

59

872

5675

3616

10994

25

Tota

l (2

1+

22

+23-2

4+

25)

29

1398

40

1953

2048

1703

1343

2655

1741

3565

49289

13785

79520

Ca

teg

ory

nu

mb

er

Report

ed

cla

ims

outs

tandin

g

88

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ear

Un

its

Cla

ims

incurr

ed b

ut

not

report

ed

Adju

stm

ent

for

dis

counting

Allo

cation t

o/(

from

) anoth

er

risk c

ate

gory

of

anticip

ate

d s

urp

lus

Cla

ims o

uts

tandin

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs t

o b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

17

03

20

16

:13

:59

:41

Fo

rm 2

6

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

by r

isk

ca

teg

ory

fo

r tr

eaty

rein

su

ran

ce

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Cu

rren

cy

Eu

ro

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

No

n-p

rop

ort

ion

al m

oto

r

R26

93

79

2G

L3

1 1

2 2

01

50

00

52

0E

UR

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

en

t ye

ar

end

ed

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

tin

gpre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

tsin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar

Re

po

rte

dIn

cu

rred

but

Re

po

rte

dIn

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

(ne

t)n

ot

rep

ort

ed

(ne

t)n

ot

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Mo

nth

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

910

11

12

13

12

20

15

11

125842

26848

152690

125692

121.5

12

20

14

12

12

20

13

13

12

20

12

14

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent years

21

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

125842

26848

152690

Ca

teg

ory

nu

mb

er

Cu

rre

nc

y c

od

e

89

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

s

17

03

20

16

:13

:59

:41

Fo

rm 2

6

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

by r

isk

ca

teg

ory

fo

r tr

eaty

rein

su

ran

ce

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Cu

rren

cy

Eu

ro

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

No

n-p

rop

ort

ion

al liab

ilit

y (

no

n-m

oto

r)

R26

93

79

2G

L3

1 1

2 2

01

50

00

57

0E

UR

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

en

t ye

ar

end

ed

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

tin

gpre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

tsin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar

Re

po

rte

dIn

cu

rred

but

Re

po

rte

dIn

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

(ne

t)n

ot

rep

ort

ed

(ne

t)n

ot

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Mo

nth

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

910

11

12

13

12

20

15

11

124458

26552

151010

124308

121.5

12

20

14

12

12

20

13

13

12

20

12

14

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent years

21

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

124458

26552

151010

Ca

teg

ory

nu

mb

er

Cu

rre

nc

y c

od

e

90

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

s

17

03

20

16

:13

:59

:41

Fo

rm 2

6

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

ne

t cla

ims a

nd

pre

miu

ms

by r

isk

ca

teg

ory

fo

r tr

eaty

rein

su

ran

ce

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Cu

rren

cy

Eu

ro

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

Pro

po

rtio

nal m

oto

r

R26

93

79

2G

L3

1 1

2 2

01

50

00

62

0E

UR

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

en

t ye

ar

end

ed

(ne

t) d

uring

outs

tand

ing

paid

(ne

t)(n

et)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

tin

gpre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(n

et)

as a

tsin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(net)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar

Re

po

rte

dIn

cu

rred

but

Re

po

rte

dIn

cu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

(ne

t)n

ot

rep

ort

ed

(ne

t)n

ot

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(n

et)

(ne

t)(n

et)

Mo

nth

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

910

11

12

13

12

20

15

11

31555

68838

38335

138728

146397

94.8

12

20

14

12

12

20

13

13

12

20

12

14

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent years

21

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

31555

68838

38335

138728

Ca

teg

ory

nu

mb

er

Cu

rre

nc

y c

od

e

91

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

s

17

03

20

16

:13

:59

:41

Fo

rm 2

7

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

gro

ss c

laim

s a

nd

pre

miu

ms

by r

isk

ca

teg

ory

fo

r tr

eaty

rein

su

ran

ce

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Cu

rren

cy

Eu

ro

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

No

n-p

rop

ort

ion

al m

oto

r

R27

93

79

2G

L3

1 1

2 2

01

50

00

52

0E

UR

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

en

t ye

ar

end

ed

(gro

ss)

during

outs

tand

ing

paid

(gro

ss)

(gro

ss)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

tin

gpre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(g

ross)

as a

tsin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(gro

ss)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar

Re

po

rte

d

Incu

rred

but

Re

po

rte

d

Incu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

(gro

ss)

not

rep

ort

ed

(gro

ss)

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(g

ross)

(gro

ss)

(gro

ss)

Mo

nth

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

910

11

12

13

12

20

15

11

125842

26848

152690

125692

121.5

12

20

14

12

12

20

13

13

12

20

12

14

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent years

21

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

125842

26848

152690

Ca

teg

ory

nu

mb

er

Cu

rre

nc

y c

od

e

92

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

s

17

03

20

16

:13

:59

:41

Fo

rm 2

7

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

gro

ss c

laim

s a

nd

pre

miu

ms

by r

isk

ca

teg

ory

fo

r tr

eaty

rein

su

ran

ce

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Cu

rren

cy

Eu

ro

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

No

n-p

rop

ort

ion

al liab

ilit

y (

no

n m

oto

r)

R27

93

79

2G

L3

1 1

2 2

01

50

00

57

0E

UR

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

en

t ye

ar

end

ed

(gro

ss)

during

outs

tand

ing

paid

(gro

ss)

(gro

ss)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

tin

gpre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(g

ross)

as a

tsin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(gro

ss)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar

Re

po

rte

d

Incu

rred

but

Re

po

rte

d

Incu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

(gro

ss)

not

rep

ort

ed

(gro

ss)

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(g

ross)

(gro

ss)

(gro

ss)

Mo

nth

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

910

11

12

13

12

20

15

11

124458

26552

151010

124308

121.5

12

20

14

12

12

20

13

13

12

20

12

14

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent years

21

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

124458

26552

151010

Ca

teg

ory

nu

mb

er

Cu

rre

nc

y c

od

e

93

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

s

17

03

20

16

:13

:59

:41

Fo

rm 2

7

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

na

lysis

of

gro

ss c

laim

s a

nd

pre

miu

ms

by r

isk

ca

teg

ory

fo

r tr

eaty

rein

su

ran

ce

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Cu

rren

cy

Eu

ro

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

Pro

po

rtio

nal m

oto

r

R27

93

79

2G

L3

1 1

2 2

01

50

00

62

0E

UR

Cla

ims p

aid

Cla

ims

To

tal cla

ims

Cla

ims p

aid

Cla

ims o

uts

tand

ing

ca

rrie

dC

laim

s o

uts

tand

ing

bro

ug

ht

Cla

ims in

cu

rred

De

du

ctio

n f

or

Earn

ed

Dete

riora

tion/

Cla

ims r

atio

Accid

en

t ye

ar

end

ed

(gro

ss)

during

outs

tand

ing

paid

(gro

ss)

(gro

ss)

during

forw

ard

forw

ard

(late

st

ye

ar)

or

dis

co

un

tin

gpre

miu

ms

(surp

lus)

of

%

the a

ccid

en

t(g

ross)

as a

tsin

ce

th

e e

nd

this

fin

an

cia

ld

eve

lop

ed

from

cla

ims

(gro

ss)

origin

al

ye

ar

end

of

the

of

the

ye

ar

(oth

er

ye

ars

)o

uts

tand

ing

cla

ims

accid

en

t ye

ar

accid

en

t ye

ar

Re

po

rte

d

Incu

rred

but

Re

po

rte

d

Incu

rred

but

during

th

isca

rrie

dre

serv

e

but

prio

r to

(gro

ss)

not

rep

ort

ed

(gro

ss)

not

rep

ort

ed

fin

an

cia

l ye

ar

forw

ard

%

this

fin

an

cia

l(g

ross)

(gro

ss)

(gro

ss)

Mo

nth

Ye

ar

ye

ar

(4+

5+

6-7

-8)

12

34

56

78

910

11

12

13

12

20

15

11

31555

68838

38335

138728

146397

94.8

12

20

14

12

12

20

13

13

12

20

12

14

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent years

21

Reconcili

ation

22

Tota

l (1

1 to 2

2)

29

31555

68838

38335

138728

Ca

teg

ory

nu

mb

er

Cu

rre

nc

y c

od

e

94

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

s

17

03

20

16

:13

:59

:41

Fo

rm 2

8

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

un

de

rwri

tin

g y

ea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

, c

laim

s a

nd

ex

pe

ns

es

by r

isk

ca

teg

ory

fo

r tr

ea

ty r

ein

su

ran

ce

Na

me

of in

su

rer

Ro

ya

l &

Su

n A

llia

nc

e In

su

ran

ce

plc

Cu

rre

ncy

Bri

tish

Po

un

d a

nd

co

nvert

ed

to

Bri

tish

Po

un

d

Glo

ba

l b

usin

ess

Fin

an

cia

l ye

ar

en

de

d3

1 D

ec

em

be

r 2

01

5

Pro

po

rtio

na

l p

rop

ert

y

R2

89

37

92

GL

31

12

2

015

00

06

60

YB

P

Un

derw

riti

ng

year

en

ded

Pri

or

un

de

rwritin

g

ye

ars

MM

Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YT

ota

l a

ll

pre

vio

us

co

lum

ns

29

29

12 0

612 0

712 0

812 0

912 1

012 1

112

1

212

13

12

14

12

15

99

99

Gro

ss a

mount

11

9

3

2

17

274

227

(1702)

(3003)

56201

52029

Pre

miu

ms

written

Rein

sure

rs' s

hare

12

7

111

92

352

(819)

24281

24024

Net (1

1-1

2)

19

9

3

2

10

163

135

(2055)

(2184)

31920

28004

Gro

ss a

mount

21

308

7

47

743

2097

3412

13568

17469

515

38166

Cla

ims

paid

Rein

sure

rs' s

hare

22

2

241

2779

4998

6902

14922

Net (2

1-2

2)

29

308

7

46

743

1856

632

8570

10567

515

23244

Cla

ims m

ana

gem

ent costs

39

126

251

38

415

Com

mis

sio

ns

41

1

6

83

58

229

61

13437

13875

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

1

75

1997

2073

44

(2)

(2)

(11)

(478)

1358

865

Payable

net (4

1+

42+

43-4

4)

49

2

3

11

6

83

58

708

(1222)

15434

15082

Bro

ught

Undis

counte

d5

1 7

37

8

57

1450

1798

41

10160

8678

35281

50560

108770

Technic

al

forw

ard

Adju

stm

ent fo

r

dis

counting

52

pro

vis

ions

Carr

ied

Undis

counte

d5

3 1

88

40

1953

2048

1703

1343

2655

1707

3423

49204

13785

78050

forw

ard

Adju

stm

ent fo

r

dis

counting

54

59

(549)

32

1896

598

(95)

1302

(7505)

(6971)

(31858)

(1355)

13785

(30720)

69

249

(32)

(1904)

(606)

50

(2040)

5729

6416

20399

(10425)

2148

19984

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

sC

ate

go

ry

nu

mb

er

Cu

rre

nc

y c

od

e

Rein

sure

rs' c

om

mis

sio

ns

and p

rofit part

icip

ations

Incre

ase (

decre

ase)

in the

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

95

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

8(c

on

tin

uati

on

sh

eet)

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

un

de

rwri

tin

g y

ea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

, c

laim

s a

nd

ex

pe

ns

es

by r

isk

ca

teg

ory

fo

r tr

ea

ty r

ein

su

ran

ce

Na

me

of in

su

rer

Ro

ya

l &

Su

n A

llia

nc

e In

su

ran

ce

plc

Cu

rre

ncy

Bri

tish

Po

un

d a

nd

co

nvert

ed

to

Bri

tish

Po

un

d

Glo

ba

l b

usin

ess

Fin

an

cia

l ye

ar

en

de

d3

1 D

ec

em

be

r 2

01

5

Pro

po

rtio

na

l p

rop

ert

y

R2

89

37

92

GL

31

12

2

015

00

06

60

YB

P

Un

derw

riti

ng

year

en

ded

MM

Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

Y

12

9

412 9

512 9

612 9

712 9

812 9

912 0

012

0

112

0

212

0

312

0

412

0

5

Gro

ss a

mount

11

2

5

2

Pre

miu

ms

written

Rein

sure

rs' s

hare

12

Net (1

1-1

2)

19

2

5

2

Gro

ss a

mount

21

222

70

6

10

Cla

ims

paid

Rein

sure

rs' s

hare

22

Net (2

1-2

2)

29

222

70

6

10

Cla

ims m

ana

gem

ent costs

39

Com

mis

sio

ns

41

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

44

(2)

Payable

net (4

1+

42+

43-4

4)

49

2

Bro

ught

Undis

counte

d5

1 3

23

179

3

17

1

5

8

200

Technic

al

forw

ard

Adju

stm

ent fo

r

dis

counting

52

pro

vis

ions

Carr

ied

Undis

counte

d5

3 2

0

19

2

17

1

42

86

forw

ard

Adju

stm

ent fo

r

dis

counting

54

59

(303)

(160)

(1)

(1)

(4)

34

(114)

69

81

92

1

1

4

(37)

107

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

sC

ate

go

ry

nu

mb

er

Cu

rre

nc

y c

od

e

Rein

sure

rs' c

om

mis

sio

ns

and p

rofit part

icip

ations

Incre

ase (

decre

ase)

in the

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

96

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

8(c

on

tin

uati

on

sh

eet)

Ge

ne

ral in

su

ran

ce

bu

sin

es

s (

un

de

rwri

tin

g y

ea

r a

cc

ou

nti

ng

) :

An

aly

sis

of

pre

miu

ms

, c

laim

s a

nd

ex

pe

ns

es

by r

isk

ca

teg

ory

fo

r tr

ea

ty r

ein

su

ran

ce

Na

me

of in

su

rer

Ro

ya

l &

Su

n A

llia

nc

e In

su

ran

ce

plc

Cu

rre

ncy

Bri

tish

Po

un

d a

nd

co

nvert

ed

to

Bri

tish

Po

un

d

Glo

ba

l b

usin

ess

Fin

an

cia

l ye

ar

en

de

d3

1 D

ec

em

be

r 2

01

5

Pro

po

rtio

na

l p

rop

ert

y

R2

89

37

92

GL

31

12

2

015

00

06

60

YB

P

Un

derw

riti

ng

year

en

ded

MM

Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

YM

M

Y

Y

12

8

212 8

312 8

412 8

512 8

612 8

712 8

812

8

912

9

012

9

112

9

212

9

3

Gro

ss a

mount

11

Pre

miu

ms

written

Rein

sure

rs' s

hare

12

Net (1

1-1

2)

19

Gro

ss a

mount

21

Cla

ims

paid

Rein

sure

rs' s

hare

22

Net (2

1-2

2)

29

Cla

ims m

ana

gem

ent costs

39

Com

mis

sio

ns

41

Net

Oth

er

acquis

itio

n e

xpenses

42

opera

ting

expenses

Adm

inis

trative e

xpenses

43

44

Payable

net (4

1+

42+

43-4

4)

49

Bro

ught

Undis

counte

d5

1 1

Technic

al

forw

ard

Adju

stm

ent fo

r

dis

counting

52

pro

vis

ions

Carr

ied

Undis

counte

d5

3 1

forw

ard

Adju

stm

ent fo

r

dis

counting

54

59

69

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

sC

ate

go

ry

nu

mb

er

Cu

rre

nc

y c

od

e

Rein

sure

rs' c

om

mis

sio

ns

and p

rofit part

icip

ations

Incre

ase (

decre

ase)

in the

fin

ancia

l year

(53-5

4-5

1+

52)

Bala

nce o

n e

ach u

nderw

riting y

ear

(19-2

9-3

9-4

9-5

9)

97

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

9

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

acco

un

tin

g)

: A

naly

sis

of

tech

nic

al p

rovis

ion

s b

y r

isk c

ate

go

ry f

or

treaty

rein

su

ran

ce

Na

me

of in

su

rer

Ro

yal &

Su

n A

llia

nce In

su

ran

ce p

lcC

urr

en

cy

Bri

tis

h P

ou

nd

an

d c

on

ve

rte

d t

o B

riti

sh

Po

un

d

Glo

bal busin

ess

Fin

an

cia

l ye

ar

en

ded

31 D

ecem

ber

2015

Pro

po

rtio

nal p

rop

ert

y

R29

93792

GL

31

1

2

20

15

000

660

YB

P

Un

derw

riti

ng

year

en

ded

Prior

underw

riting

years

MM

Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M

YY

MM

YY

MM

YY

MM

YY

MM

Y

YT

ota

l a

ll

pre

vio

us

co

lum

ns

29

2

912 0

612 0

712 0

812 0

912 1

012 1

112 1

212 13

12 14

12 15

99

99

Re

po

rted

cla

ims

Gro

ss a

mount

11

18

8

40

1

95

3

20

48

1

70

6

13

19

1

145

1582

3222

37680

5017

55899

outs

tandin

gR

ein

su

rers

' sh

are

12

3

40

472

2515

2108

5139

Cla

ims in

cu

rred

Gro

ss a

mount

13

(1707)

(3382)

(5089)

but not re

port

ed

Re

insu

rers

' sh

are

14

Cla

ims m

an

ag

em

en

t co

sts

15

Gro

ss a

mount

16

Adju

stm

ent fo

r

dis

counting

Re

insu

rers

' sh

are

17

Cla

ims m

an

ag

em

en

t co

sts

18

19

Bala

nce o

f th

e fund

20

21

18

8

40

1

95

3

20

48

1

70

3

13

19

1

145

1542

1042

31783

2908

45671

Pro

vis

ion fo

r unearn

ed p

rem

ium

s22

31

2

276

224

3225

23096

14493

43345

Pro

vis

ion fo

r unexpired r

isks

23

De

ferr

ed

acq

uis

itio

n c

osts

24

7

766

59

844

5675

3616

10967

25

Tota

l (2

1+

22+

23-2

4+

25)

29

18

8

40

1

95

3

20

48

1

70

3

13

43

2

655

1707

3423

49204

13785

78050

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

sC

ate

go

ry

nu

mb

er

Cu

rre

nc

y c

od

e

Allo

cation to/(

from

) anoth

er

risk

cate

gory

of anticip

ate

d s

urp

lus

Cla

ims o

uts

tan

din

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs to b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

98

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

9(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

acco

un

tin

g)

: A

naly

sis

of

tech

nic

al p

rovis

ion

s b

y r

isk c

ate

go

ry f

or

treaty

rein

su

ran

ce

Na

me

of in

su

rer

Ro

yal &

Su

n A

llia

nce In

su

ran

ce p

lcC

urr

en

cy

Bri

tis

h P

ou

nd

an

d c

on

ve

rte

d t

o B

riti

sh

Po

un

d

Glo

bal busin

ess

Fin

an

cia

l ye

ar

en

ded

31 D

ecem

ber

2015

Pro

po

rtio

nal p

rop

ert

y

R29

93792

GL

31

1

2

20

15

000

660

YB

P

Un

derw

riti

ng

year

en

ded

MM

Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M

YY

MM

YY

MM

YY

MM

YY

MM

YY

MM

YY

12 9

412 9

512 9

612 9

712 9

812 9

912 0

012 0

112 0

212 0

312 0

412 0

5

Re

po

rted

cla

ims

Gro

ss a

mount

11

20

1

9

2

17

1

42

86

outs

tandin

gR

ein

su

rers

' sh

are

12

Cla

ims in

cu

rred

Gro

ss a

mount

13

but not re

port

ed

Re

insu

rers

' sh

are

14

Cla

ims m

an

ag

em

en

t co

sts

15

Gro

ss a

mount

16

Adju

stm

ent fo

r

dis

counting

Re

insu

rers

' sh

are

17

Cla

ims m

an

ag

em

en

t co

sts

18

19

Bala

nce o

f th

e fund

20

21

20

1

9

2

17

1

42

86

Pro

vis

ion fo

r unearn

ed p

rem

ium

s22

Pro

vis

ion fo

r unexpired r

isks

23

De

ferr

ed

acq

uis

itio

n c

osts

24

25

Tota

l (2

1+

22+

23-2

4+

25)

29

20

1

9

2

17

1

42

86

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

sC

ate

go

ry

nu

mb

er

Cu

rre

nc

y c

od

e

Allo

cation to/(

from

) anoth

er

risk

cate

gory

of anticip

ate

d s

urp

lus

Cla

ims o

uts

tan

din

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs to b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

99

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 2

9(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

acco

un

tin

g)

: A

naly

sis

of

tech

nic

al p

rovis

ion

s b

y r

isk c

ate

go

ry f

or

treaty

rein

su

ran

ce

Na

me

of in

su

rer

Ro

yal &

Su

n A

llia

nce In

su

ran

ce p

lcC

urr

en

cy

Bri

tis

h P

ou

nd

an

d c

on

ve

rte

d t

o B

riti

sh

Po

un

d

Glo

bal busin

ess

Fin

an

cia

l ye

ar

en

ded

31 D

ecem

ber

2015

Pro

po

rtio

nal p

rop

ert

y

R29

93792

GL

31

1

2

20

15

000

660

YB

P

Un

derw

riti

ng

year

en

ded

MM

Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M Y

YM

M

YY

MM

YY

MM

YY

MM

YY

MM

YY

MM

YY

12 8

212 8

312 8

412 8

512 8

612 8

712 8

812 8

912 9

012 9

112 9

212 9

3

Re

po

rted

cla

ims

Gro

ss a

mount

11

1

outs

tandin

gR

ein

su

rers

' sh

are

12

Cla

ims in

cu

rred

Gro

ss a

mount

13

but not re

port

ed

Re

insu

rers

' sh

are

14

Cla

ims m

an

ag

em

en

t co

sts

15

Gro

ss a

mount

16

Adju

stm

ent fo

r

dis

counting

Re

insu

rers

' sh

are

17

Cla

ims m

an

ag

em

en

t co

sts

18

19

Bala

nce o

f th

e fund

20

21

1

Pro

vis

ion fo

r unearn

ed p

rem

ium

s22

Pro

vis

ion fo

r unexpired r

isks

23

De

ferr

ed

acq

uis

itio

n c

osts

24

25

Tota

l (2

1+

22+

23-2

4+

25)

29

1

GL

/

UK

/

CM

da

y m

on

th y

ea

rM

on

eta

ry u

nit

sC

ate

go

ry

nu

mb

er

Cu

rre

nc

y c

od

e

Allo

cation to/(

from

) anoth

er

risk

cate

gory

of anticip

ate

d s

urp

lus

Cla

ims o

uts

tan

din

g

(11-1

2+

13-1

4+

15-1

6+

17-1

8+

19+

20)

Oth

er

technic

al pro

vis

ions (

part

icula

rs to b

e

specifie

d b

y w

ay o

f supple

menta

ry n

ote

)

100

Co

mp

an

y

reg

istr

ati

on

nu

mb

er

17

03

20

16

:13

:59

:41

Fo

rm 3

0

(Sh

eet

1)

Gen

era

l in

su

ran

ce b

usin

ess :

Exp

ecte

d in

co

me a

nd

yie

ld f

rom

ad

mis

sib

le a

ssets

co

veri

ng

dis

co

un

ted

pro

vis

ion

s

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce In

su

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l year

ended

31

De

ce

mb

er

20

15

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th y

ear

Un

its

nu

mb

er

CM

R3

09

37

92

GL

31

1

2 2

01

5£

00

0

Report

ing

Tota

l adm

issib

le

Ad

mis

sib

le a

ssets

Exp

ecte

dY

ield

Technic

al

Pro

vis

ion for

outs

tandin

gU

nw

ind in the

Rate

s o

f in

tere

st at w

hic

h the

terr

itory

assets

as

hypoth

ecate

d to

incom

e fro

m%

pro

vis

ions

cla

ims b

ein

g d

iscounte

ddis

count in

the

pro

vis

ion is b

ein

g d

iscounte

d

code

show

n o

ncover

the p

rovis

ion

assets

inclu

ded

next financia

l

Majo

r cu

rren

cie

sF

orm

13

for

outs

tandin

g

in c

olu

mn 2

Be

fore

Deduction

for

year

Hig

hest

Low

est

Ave

rage

cla

ims b

ein

gdeductio

n for

dis

counting

rate

dis

counte

ddis

counting

12

34

56

78

91

01

1

GB

PA

A1

1 1

42

50

60

6

58

85

89

3

85

76

6

.6

31

09

84

9

90

39

75

3

15

38

6

22

99

4

4.0

4

.0

4.0

12

13

14

15

16

17

18

19

20

Oth

er

curr

encie

s2

1

Tota

l2

9 1

42

50

60

6

58

85

89

3

10

98

49

9

03

97

5

31

53

86

2

29

94

101

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Un

ited

Kin

gd

om

oth

er

than

ho

me f

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Pri

mary

(d

irect)

an

d f

acu

ltati

ve h

ou

seh

old

an

d d

om

esti

c a

ll r

isks

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R31

93792

GL

31

12

2015

000

160

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

87

56

2

22

65

8

16

06

73

9

62

62

3

89

43

2

95

87

8

67

31

83

4

4.0

12

20

14

12

11

95

96

2

26

7

19

64

29

8

06

59

1

74

61

5

37

2

78

48

7

23

96

2

10

43

7

23

80

6

41

.4

12

20

13

13

12

01

55

7

99

2

73

70

5

14

73

8

94

30

5

29

6

22

69

5

12

57

5

(5

80

6)

69

66

88

4

3.5

12

20

12

14

12

05

23

3

46

2

89

70

0

50

22

4

46

1

89

9

83

78

3

58

5

(1

58

1)

68

68

08

4

3.7

12

20

11

15

12

55

41

2

22

2

49

59

8

19

72

2

59

1

68

0

54

07

1

47

7

(1

64

1)

64

65

23

3

9.4

12

20

10

16

14

76

79

1

33

3

40

75

5

15

28

1

50

5

13

5

34

24

1

88

(

44

4)

60

88

15

5

6.5

12

20

09

17

14

69

22

1

08

2

41

26

4

49

9

1

(1

27

) 9

63

1

9

(6

09

) 5

86

97

2

41

.2

12

20

08

18

16

73

71

5

9

26

42

49

1

16

1

02

4

0

(1

96

) 3

6

41

8

60

55

48

4

3.7

12

20

07

19

17

87

68

1

45

3

31

54

1

21

4

15

2

38

1

61

5

2

38

5

32

09

4

62

.4

12

20

06

20

11

33

20

2

99

1

61

99

2

13

7

1

1

32

1

70

(

63

) 4

16

46

7

38

.9

Pri

or

accid

ent years

21

14

87

2

12

2

43

4

6

30

08

2

40

(

59

6)

Tota

l (1

1 to 2

1)

29

28

52

3

26

57

70

1

34

40

0

51

28

3

12

23

59

4

22

57

2

86

83

7

30

26

57

70

1

34

40

0

51

28

3

12

23

59

4

22

57

2

86

83

7

Lin

e 2

9 e

xpre

ssed in s

terlin

g

102

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Un

ited

Kin

gd

om

oth

er

than

ho

me f

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Pet

insu

ran

ce

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R31

93792

GL

31

12

2015

000

186

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

39

47

69

1

67

1

40

05

4

92

4

28

60

5

16

95

83

2

69

35

5

63

.0

12

20

14

12

46

10

08

7

7

13

51

89

2

68

05

1

10

7

20

80

1

35

3

30

07

4

(1

43

5)

25

36

34

6

5.1

12

20

13

13

42

47

27

3

3

14

27

22

7

37

5

36

2

86

9

25

52

3

32

3

(1

73

3)

22

83

34

6

4.3

12

20

12

14

38

11

64

1

0

12

68

04

2

27

4

60

7

58

1

02

4

53

6

(1

15

) 2

02

38

1

63

.4

12

20

11

15

29

77

31

2

8

89

86

1

16

2

54

9

5

28

2

34

3

(1

60

) 1

44

78

4

61

.8

12

20

10

16

17

08

70

4

45

70

(

9)

14

8

17

2

3

(3

6)

66

45

0

67

.3

12

20

09

17

16

96

12

4

21

13

(

2)

37

3

4

1

58

63

6

71

.9

12

20

08

18

13

26

91

2

90

04

2

5

(

3)

43

30

2

67

.0

12

20

07

19

87

78

5

1

18

90

9

2

59

1

4

1

1

20

2

86

83

6

6.1

12

20

06

20

72

17

1

15

03

0

25

24

1

59

.5

Pri

or

accid

ent years

21

Tota

l (1

1 to 2

1)

29

29

0

16

79

32

3

34

0

34

59

3

54

24

3

43

19

1

66

12

2

30

16

79

32

3

34

0

34

59

3

54

24

3

43

19

1

66

12

2

Lin

e 2

9 e

xpre

ssed in s

terlin

g

103

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Un

ited

Kin

gd

om

oth

er

than

ho

me f

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Co

mm

erc

ial

pro

pert

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93792

GL

31

12

2015

000

261

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

30

48

2

12

2

32

35

4

70

89

0

33

31

5

13

65

59

3

06

58

7

44

.5

12

20

14

12

55

26

5

02

4

22

05

8

88

21

8

93

3

71

01

8

46

10

1

47

71

5

47

4

29

05

87

5

0.6

12

20

13

13

76

15

2

20

7

82

70

3

06

1

51

39

5

34

6

10

32

9

10

86

5

(7

64

8)

28

79

18

3

1.9

12

20

12

14

60

00

1

55

9

62

46

3

32

4

42

84

3

48

7

19

8

21

88

(

14

30

) 3

24

87

3

32

.1

12

20

11

15

38

56

1

19

9

89

07

4

28

2

61

2

47

4

17

33

2

73

0

(1

30

0)

32

26

62

3

1.6

12

20

10

16

97

16

6

0

14

95

54

1

07

4

22

02

8

97

3

62

3

29

82

(

24

32

) 3

51

92

1

43

.7

12

20

09

17

13

00

6

34

1

37

68

2

(3

85

7)

47

5

18

4

(2

82

5)

10

29

(

14

02

) 3

65

36

4

36

.8

12

20

08

18

11

83

9

29

1

64

12

4

40

2

14

2

22

7

99

3

73

(

29

5)

40

98

09

4

0.2

12

20

07

19

95

43

2

2

19

90

10

6

1

88

4

34

6

56

8

53

6

18

7

41

04

47

4

8.8

12

20

06

20

13

60

3

20

1

77

97

5

65

1

13

3

25

6

21

7

0

(1

88

) 4

37

83

7

40

.8

Pri

or

accid

ent years

21

23

8

(3

06

) 3

40

1

24

1

21

3

51

3

(1

56

8)

Tota

l (1

1 to 2

1)

29

35

21

1

25

42

7

93

66

3

50

68

7

10

80

63

3

57

57

1

25

95

7

30

12

54

27

9

36

63

5

06

87

1

08

06

3

35

75

7

12

59

57

Lin

e 2

9 e

xpre

ssed in s

terlin

g

104

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d a

nd

co

nvert

ed

to

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Ho

me F

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Co

mm

erc

ial

pro

pert

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93792

GL

31

12

2015

000

261

YB

PA

B

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

98

2

40

3

93

3

24

60

3

36

57

3

21

93

8

54

32

3

7.7

12

20

14

12

22

7

22

8

23

19

2

27

85

7

25

09

3

17

8

47

06

2

77

19

(

16

53

) 8

82

97

8

6.4

12

20

13

13

27

4

10

1

25

89

5

92

48

5

22

4

12

9

11

13

1

40

04

(

53

4)

98

04

7

41

.3

12

20

12

14

29

4

44

4

49

69

1

09

1

12

34

3

88

2

15

4

30

8

25

1

84

00

1

56

.8

12

20

11

15

22

5

15

3

54

04

2

2

38

7

15

3

49

3

22

8

(1

59

) 5

88

57

6

1.1

12

20

10

16

42

5

34

6

93

73

7

77

4

61

1

1

59

4

17

1

(5

26

) 8

39

04

8

4.2

12

20

09

17

55

5

15

4

66

09

5

6

46

3

2

62

6

15

(

12

0)

95

57

1

49

.3

12

20

08

18

97

4

24

6

00

57

4

2

42

2

1

40

1

26

3

8

10

11

00

5

9.9

12

20

07

19

11

11

1

21

7

34

34

2

9

15

62

1

59

6

(5

) 8

07

27

9

2.9

12

20

06

20

63

0

25

3

80

34

1

32

1

32

7

87

02

4

8.5

Pri

or

accid

ent years

21

22

1

82

1

00

7

1

(8

26

)

Tota

l (1

1 to 2

1)

29

86

9

43

05

5

59

76

3

45

09

6

61

96

1

24

72

2

86

59

30

43

05

5

59

76

3

45

09

6

61

96

1

24

72

2

86

59

Lin

e 2

9 e

xpre

ssed in s

terlin

g

105

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Eu

ro

Glo

bal busin

ess

Report

ing T

err

itory

Overs

eas

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Co

mm

erc

ial

pro

pert

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93792

GL

31

12

2015

000

261

EU

RX

X

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

23

1

10

36

3

16

68

2

13

71

7

50

5

60

54

3

10

01

70

6

0.4

12

20

14

12

53

23

7

59

3

01

88

4

88

54

1

58

86

1

39

69

6

23

33

1

92

92

(

29

16

) 1

59

60

3

68

.2

12

20

13

13

59

60

6

42

1

03

63

4

18

95

0

38

90

5

85

1

63

14

(

97

6)

80

88

2

06

37

6

61

.6

12

20

12

14

65

91

1

76

1

27

17

2

79

17

4

02

4

(3

) 1

28

30

(

15

22

) 6

29

2

01

61

0

69

.0

12

20

11

15

63

25

6

7

17

72

44

1

10

0

12

87

5

89

5

60

1

(4

11

) (

22

13

) 2

07

72

2

86

.8

12

20

10

16

71

71

2

4

94

47

8

31

75

3

32

3

68

8

48

7

(6

68

) 2

04

74

6

47

.9

12

20

09

17

88

09

4

2

02

31

0

10

62

1

13

2

40

2

72

7

(1

35

5)

42

1

86

54

2

10

9.2

12

20

08

18

12

95

1

5

14

40

64

2

15

2

87

3

2

31

6

(5

31

) 4

57

1

98

98

0

73

.5

12

20

07

19

99

28

1

1

29

81

1

(2

06

) 7

1

4

49

5

(2

37

) (

44

3)

18

15

11

7

1.4

12

20

06

20

87

92

1

1

28

62

6

37

6

5

70

3

(6

0)

(2

62

) 1

96

00

4

65

.8

Pri

or

accid

ent years

21

46

(

10

5)

33

71

7

89

4

78

4

(2

56

) (

47

3)

Tota

l (1

1 to 2

1)

29

27

61

1

14

94

4

50

37

2

23

68

9

11

17

91

1

44

30

6

27

84

30

83

47

4

36

58

1

17

20

3

81

18

4

10

48

0

45

59

5

Lin

e 2

9 e

xpre

ssed in s

terlin

g

106

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Un

ited

Kin

gd

om

oth

er

than

ho

me f

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Co

ntr

acto

rs o

r en

gin

eeri

ng

all

ris

ks

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R31

93792

GL

31

12

2015

000

263

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

74

9

84

9

89

58

1

85

18

1

04

30

3

79

06

8

06

41

4

7.0

12

20

14

12

15

09

3

73

8

41

5

10

88

0

72

56

3

43

0

16

76

1

42

24

5

81

7

23

55

4

1.4

12

20

13

13

17

63

2

32

2

44

48

9

60

8

63

60

1

32

3

14

25

7

12

14

1

82

0

69

74

9

59

.8

12

20

12

14

28

46

1

54

5

25

28

3

33

7

57

73

8

78

9

82

6

16

1

1

84

66

4

73

.8

12

20

11

15

27

40

1

01

4

35

55

4

93

9

33

4

47

8

65

36

9

3

(8

78

) 8

70

15

5

6.7

12

20

10

16

32

42

5

2

48

12

8

18

49

8

71

7

21

2

78

2

10

73

(

41

4)

87

10

7

59

.2

12

20

09

17

52

51

7

6

54

34

3

39

6

22

14

1

12

2

67

2

28

6

(2

36

) 9

00

74

6

3.4

12

20

08

18

47

10

6

3

74

83

0

18

2

89

7

36

2

98

8

23

(

60

) 8

79

07

8

8.5

12

20

07

19

38

49

3

7

66

76

2

34

1

99

3

3

23

3

25

8

9

57

87

7

0.0

12

20

06

20

28

58

4

0

45

06

4

83

3

12

8

8

39

5

88

1

19

62

6

38

.1

Pri

or

accid

ent years

21

36

9

77

1

21

9

69

1

29

0

74

1

Tota

l (1

1 to 2

1)

29

23

46

4

01

79

4

59

53

1

75

98

5

77

40

7

26

1

38

72

9

30

40

17

9

45

95

3

17

59

8

57

74

0

72

61

3

87

29

Lin

e 2

9 e

xpre

ssed in s

terlin

g

107

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Eu

ro

Glo

bal busin

ess

Report

ing T

err

itory

Overs

eas

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Co

ntr

acto

rs o

r en

gin

eeri

ng

all

ris

ks

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R31

93792

GL

31

12

2015

000

263

EU

RX

X

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

15

7

45

8

58

05

6

39

30

5

25

5

74

99

0

79

70

9

94

.1

12

20

14

12

74

4

29

3

15

54

7

31

45

5

19

25

7

14

40

4

84

95

(

91

1)

45

68

8

38

83

8

0.7

12

20

13

13

96

7

11

5

42

85

0

22

11

8

36

96

3

61

7

32

58

2

88

(

32

38

) 7

83

32

9

2.3

12

20

12

14

95

3

10

4

43

52

7

37

30

4

07

5

52

9

97

24

7

6

(1

46

6)

67

23

3

77

.1

12

20

11

15

88

0

22

3

26

35

1

93

8

42

1

11

4

27

26

3

05

3

(3

30

6)

62

28

5

56

.4

12

20

10

16

79

2

12

2

57

02

3

15

4

52

9

11

3

11

1

24

0

34

3

49

92

6

58

.9

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent years

21

Tota

l (1

1 to 2

1)

29

10

04

6

82

00

9

19

08

1

09

66

9

66

38

2

54

6

71

89

1

30

49

52

8

66

74

5

79

64

7

01

80

1

84

9

52

20

8

Lin

e 2

9 e

xpre

ssed in s

terlin

g

108

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Un

ited

Kin

gd

om

oth

er

than

ho

me f

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Em

plo

yers

lia

bil

ity

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R31

93792

GL

31

12

2015

000

271

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

86

9

94

1

70

4

24

92

6

19

70

7

46

33

7

68

36

2

67

.8

12

20

14

12

44

8

78

1

18

53

4

48

5

39

94

4

18

89

9

38

07

9

20

99

0

42

59

7

47

94

8

7.1

12

20

13

13

13

46

5

90

7

27

6

47

28

3

60

41

1

36

13

4

27

82

1

18

55

(

25

5)

60

72

3

10

1.5

12

20

12

14

24

07

4

73

2

97

07

9

15

6

20

06

1

20

35

2

60

88

9

59

3

(4

42

9)

70

11

7

86

.9

12

20

11

15

31

53

2

37

4

25

46

1

77

47

1

26

61

4

98

6

33

93

1

41

99

(

27

36

) 8

52

29

9

1.4

12

20

10

16

43

09

1

27

5

09

38

7

04

5

86

26

1

64

2

17

62

3

83

8

(1

14

8)

10

06

16

6

7.8

12

20

09

17

44

64

1

37

6

75

32

3

86

8

60

09

1

80

1

71

60

3

90

2

61

6

10

86

24

7

2.9

12

20

08

18

49

40

1

51

7

18

08

1

36

6

18

75

3

57

1

88

3

18

4

15

31

1

28

92

2

58

.5

12

20

07

19

50

95

1

16

8

01

59

1

83

6

24

57

1

51

3

15

9

16

52

(

36

7)

13

72

57

6

1.6

12

20

06

20

38

93

1

60

7

45

44

2

98

2

65

8

25

8

20

78

3

64

7

72

1

53

36

9

50

.7

Pri

or

accid

ent years

21

25

42

4

08

01

1

69

13

2

79

22

23

1

84

11

6

82

98

44

(

11

80

4)

Tota

l (1

1 to 2

1)

29

63

08

9

30

34

3

24

39

0

85

56

72

3

56

89

9

88

34

21

3

27

76

30

93

03

4

32

43

90

8

55

67

2

35

68

99

8

83

42

1

32

77

6

Lin

e 2

9 e

xpre

ssed in s

terlin

g

109

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryU

nit

ed

Kin

gd

om

oth

er

than

ho

me

fo

reig

n

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Em

plo

yers

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

71

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

05

32

98

1

16

85

86

1

39

7

18

25

5

11

23

81

9

67

(6

15

) 1

781

54

4

9.7

12

20

04

39

99

1

45

87

37

6

37

5

31

84

1

365

3

405

2

091

(

572

) 2

052

38

4

5.0

12

20

03

67

38

1

81

10

03

02

2

60

31

84

1

414

2

786

2

572

(

500

) 2

288

67

4

5.9

12

20

02

93

41

2

14

10

67

47

5

80

30

29

5

93

33

22

9

16

(3

6)

18

26

79

6

0.7

12

20

01

12

95

4

44

1

211

91

1

745

3

021

7

0

34

63

1

783

(

410

) 1

255

67

1

00.4

12

20

00

16

37

0

60

1

302

79

6

65

64

84

3

67

48

31

1

571

1

114

8

748

2

15

7.5

12

19

99

16

98

8

68

1

356

85

6

08

28

88

2

246

4

117

1

169

4

56

95

03

8

14

8.8

12

19

98

15

46

2

65

1

181

29

5

33

49

37

1

573

5

49

18

1

662

7

(3

40

) 1

045

12

1

33.3

12

19

97

15

88

6

56

1

025

17

3

55

31

51

1

795

0

44

88

1

684

7

12

1

10

18

08

1

21.8

12

19

96

13

60

6

38

8

409

9

10

15

2

173

1

668

1

26

48

1

719

5

26

1

017

36

1

02.2

12

19

95

96

16

3

5

62

05

1

55

3

22

17

1

658

2

21

63

1

723

7

(4

8)

93

64

3

86

.9

12

19

94

72

27

4

0

57

22

5

42

2

24

09

1

644

0

26

32

1

729

6

(6

57

)

12

19

93

65

50

3

2

52

56

6

42

9

29

09

1

661

1

34

37

1

722

9

(7

17

)

110

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryU

nit

ed

Kin

gd

om

oth

er

than

ho

me

fo

reig

n

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Em

plo

yers

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

71

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

19

92

80

07

5

3

56

98

9

14

10

5

445

1

679

1

61

34

1

705

2

46

0

12

19

91

92

55

5

8

65

71

5

11

50

2

926

1

678

7

47

09

1

708

6

(9

32

)

12

19

90

93

37

5

2

72

29

2

87

6

50

18

1

698

8

53

64

1

704

0

47

8

12

19

89

10

53

8

43

5

917

5

77

4

44

49

1

675

4

49

82

1

704

4

(4

9)

12

19

88

93

06

5

8

77

57

5

14

00

9

438

1

645

1

10

26

5

17

13

6

(1

12

)

12

19

87

82

91

4

9

44

33

3

10

50

5

159

1

690

7

56

25

1

702

6

46

5

12

19

86

58

68

4

6

40

02

7

99

9

46

49

1

698

0

55

16

1

736

4

(2

52

)

12

19

85

61

66

4

1

50

61

4

10

71

3

485

1

688

6

45

85

1

742

7

(5

70

)

12

19

84

57

72

3

3

31

91

7

54

9

28

05

1

680

1

30

61

1

724

6

(1

52

)

12

19

83

50

18

5

3

26

49

2

53

4

34

47

1

670

4

38

62

1

728

8

(4

65

)

12

19

82

45

52

4

4

24

11

5

48

6

38

11

1

667

5

39

48

1

726

1

(2

37

)

12

19

81

43

61

3

9

19

57

0

15

37

4

346

1

704

0

55

65

1

716

9

18

9

12

19

80

56

61

4

8

22

29

5

52

7

39

02

1

681

4

43

07

1

730

9

(3

73

)

111

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryU

nit

ed

Kin

gd

om

oth

er

than

ho

me

fo

reig

n

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Em

plo

yers

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

71

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

19

79

65

63

3

8

22

49

0

96

0

28

71

1

675

7

34

28

1

753

3

(3

73

)

12

19

78

49

93

3

9

19

36

9

93

6

34

79

1

866

6

36

60

1

886

4

55

7

12

19

77

67

05

4

4

50

51

5

13

77

6

035

1

996

5

72

60

1

973

9

37

8

12

19

76

71

13

5

5

18

60

8

11

19

4

130

1

997

8

53

68

1

999

9

(1

40

)

12

19

75

65

5

16

10

9

52

32

6

39

17

14

5

188

6

41

67

61

(

849

8)

12

19

74

12

19

73

12

19

72

12

19

71

12

19

70

12

19

69

12

19

68

12

19

67

112

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Un

ited

Kin

gd

om

oth

er

than

ho

me f

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Pro

fessio

nal in

dem

nit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93792

GL

31

12

2015

000

272

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

43

7

83

5

34

42

7

53

5

35

96

4

46

94

1

95

37

5

49

.2

12

20

14

12

13

97

6

62

6

21

4

88

46

2

06

69

3

12

74

9

29

9

52

61

5

(1

12

5)

10

58

48

6

3.3

12

20

13

13

17

00

3

43

1

60

59

1

10

13

3

81

51

2

15

31

2

42

20

3

62

23

1

02

52

1

14

10

6

76

.0

12

20

12

14

15

55

2

27

4

52

98

9

83

0

18

14

0

13

97

5

20

50

0

24

23

0

(2

78

5)

10

67

36

8

1.7

12

20

11

15

20

23

1

39

4

87

73

1

01

03

6

21

5

13

02

7

21

42

9

85

42

(

62

6)

10

66

80

7

3.2

12

20

10

16

26

33

1

51

7

49

72

8

50

2

15

55

3

50

78

2

24

09

7

54

4

(8

20

) 1

27

38

6

81

.7

12

20

09

17

36

95

9

9

99

28

6

14

75

3

95

08

3

28

9

21

83

5

69

23

(

12

08

) 1

35

43

6

93

.7

12

20

08

18

49

47

5

2

10

05

32

1

05

3

12

12

4

11

76

1

99

96

1

28

0

(6

92

3)

13

87

08

8

2.8

12

20

07

19

42

25

4

4

86

64

1

80

8

40

98

2

14

3

70

94

1

07

7

(1

12

2)

14

61

14

6

4.1

12

20

06

20

32

08

1

9

84

83

6

24

1

40

8

27

0

10

9

42

0

39

0

13

62

62

6

2.9

Pri

or

accid

ent years

21

65

6

58

07

1

86

17

4

39

2

74

50

1

13

6

(3

72

3)

Tota

l (1

1 to 2

1)

29

32

27

7

43

98

1

51

01

8

12

81

66

1

74

34

1

13

99

90

3

92

51

30

74

39

8

15

10

18

1

28

16

6

17

43

41

1

39

99

0

39

25

1

Lin

e 2

9 e

xpre

ssed in s

terlin

g

113

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryU

nit

ed

Kin

gd

om

oth

er

than

ho

me

fo

reig

n

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pro

fes

sio

nal

ind

em

nit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

72

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

05

32

55

1

3

49

99

9

67

0

20

22

3

06

25

90

8

89

(4

81

) 1

353

39

3

9.2

12

20

04

17

48

1

1

43

91

8

35

0

13

81

4

3

19

47

2

9

(2

02

) 9

784

2

46

.7

12

20

03

18

69

2

1

56

72

5

72

4

29

54

1

1

40

89

2

7

(4

27

) 1

055

03

5

7.3

12

20

02

24

12

2

6

70

04

0

23

68

5

623

2

8

10

05

6

32

(

206

9)

97

11

1

80

.4

12

20

01

23

89

1

8

53

69

5

47

0

70

4

16

1

970

1

8

(7

98

) 6

596

4

83

.2

12

20

00

22

80

1

3

29

57

3

66

7

1

5

22

9

9

(9

6)

49

34

4

60

.2

12

19

99

35

99

2

7

36

43

3

27

6

17

0

21

5

65

31

(

129

) 5

445

9

67

.8

12

19

98

56

63

6

2

46

62

1

65

1

149

9

1

323

3

1

(1

31

) 4

655

8

10

2.8

12

19

97

65

76

9

3

47

07

0

11

4

41

49

4

208

7

0

(1

5)

64

55

0

79

.5

12

19

96

66

90

1

61

34

01

1

87

1

16

14

5

58

6

487

6

52

.7

12

19

95

75

14

2

4

624

2

33

4

5

78

12

19

94

74

02

1

03

78

34

7

2

19

1

9

2

12

19

93

70

34

1

04

68

67

9

11

4

8

19

4

0

114

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryU

nit

ed

Kin

gd

om

oth

er

than

ho

me

fo

reig

n

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pro

fes

sio

nal

ind

em

nit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

72

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

19

92

85

01

8

930

9

23

2

3

12

19

91

91

26

1

542

22

2

2

12

19

90

63

04

7

797

0

12

19

89

54

16

4

552

0

12

19

88

47

56

2

882

3

3

3

12

19

87

20

87

1

469

4

12

19

86

19

62

1

201

4

12

19

85

2

54

3

16

6

29

0

41

9

12

19

84

12

19

83

12

19

82

12

19

81

12

19

80

115

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Un

ited

Kin

gd

om

oth

er

than

ho

me f

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Pu

bli

c a

nd

pro

du

cts

lia

bil

ity

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R31

93792

GL

31

12

2015

000

273

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

36

4

23

89

4

87

2

30

88

7

18

11

7

53

87

6

84

62

4

63

.7

12

20

14

12

10

05

1

18

3

72

71

5

74

2

37

32

0

87

44

2

47

48

2

00

92

6

96

6

97

36

8

60

.7

12

20

13

13

19

95

6

36

9

85

7

80

02

3

21

21

3

66

3

35

53

1

10

46

3

(2

20

8)

11

16

76

4

8.0

12

20

12

14

34

74

5

82

2

76

92

1

41

87

3

86

20

3

50

8

50

84

6

77

10

(

22

41

) 1

34

85

0

62

.3

12

20

11

15

30

19

2

39

3

53

18

1

73

96

2

61

63

6

07

1

49

58

6

26

30

(

25

86

) 1

36

90

7

62

.0

12

20

10

16

33

44

1

45

4

97

51

1

31

83

8

00

1

85

5

19

83

1

28

17

(

60

9)

11

51

86

6

2.3

12

20

09

17

31

35

9

1

49

97

9

52

14

4

55

4

15

47

8

41

8

15

74

1

32

3

13

54

02

4

5.3

12

20

08

18

39

51

7

3

60

97

7

93

02

3

96

2

15

90

1

45

42

1

22

8

(9

16

) 1

27

86

9

59

.3

12

20

07

19

40

23

3

9

54

22

5

46

80

9

24

2

11

51

1

55

37

1

65

7

(2

12

1)

12

74

41

5

4.4

12

20

06

20

33

55

3

8

58

72

2

82

0

75

3

73

7

09

2

44

6

93

1

36

13

0

44

.3

Pri

or

accid

ent years

21

11

48

1

04

15

3

76

04

2

72

62

4

79

93

1

40

89

1

31

99

Tota

l (1

1 to 2

1)

29

65

63

9

38

13

2

29

22

7

72

58

1

26

77

41

6

25

04

6

53

76

30

93

81

3

22

92

27

7

25

81

2

67

74

1

62

50

4

65

37

6

Lin

e 2

9 e

xpre

ssed in s

terlin

g

116

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryU

nit

ed

Kin

gd

om

oth

er

than

ho

me

fo

reig

n

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pu

bli

c a

nd

pro

du

cts

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

73

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

05

36

84

2

1

67

52

5

31

7

50

62

6

01

33

80

1

703

8

97

14

84

60

4

9.5

12

20

04

64

34

2

6

73

49

2

26

2

97

6

11

84

5

17

23

31

(

426

) 1

762

81

4

3.1

12

20

03

10

39

7

36

8

162

6

23

3

27

5

63

9

72

9

30

5

11

3

14

78

13

5

6.0

12

20

02

12

72

1

30

8

250

1

64

4

79

7

41

8

15

18

3

44

(3

) 1

453

02

5

8.1

12

20

01

15

30

1

35

9

929

2

12

4

10

93

1

079

1

309

9

73

14

1

356

47

7

4.9

12

20

00

23

25

4

42

1

593

21

2

87

91

7

46

3

14

19

2

33

15

1

732

88

9

2.9

12

19

99

25

77

5

42

1

417

96

3

61

30

70

2

655

3

702

7

65

16

19

1

392

73

1

06.2

12

19

98

24

38

0

58

1

524

02

9

25

12

30

8

37

19

68

2

48

77

6

14

09

86

1

10.2

12

19

97

26

30

5

73

1

463

67

2

90

53

0

26

0

10

73

1

54

(1

47

) 1

579

26

9

3.4

12

19

96

26

93

7

22

1

139

41

7

94

37

4

35

3

11

36

1

68

21

7

16

95

93

6

8.1

12

19

95

23

79

9

29

9

840

8

36

3

50

7

32

0

14

81

(

88)

(2

03

) 2

560

28

3

8.9

12

19

94

21

09

5

21

8

837

6

36

3

64

22

6

44

0

21

4

(2

8)

12

19

93

21

93

8

27

7

745

0

10

0

76

5

1

25

5

(1

19

) 9

1

117

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryU

nit

ed

Kin

gd

om

oth

er

than

ho

me

fo

reig

n

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pu

bli

c a

nd

pro

du

cts

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

73

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

19

92

23

77

6

19

8

027

0

44

0

41

5

26

9

99

8

13

9

(1

3)

12

19

91

23

45

0

31

7

236

4

16

4

47

5

44

1

45

0

(4

4)

67

4

12

19

90

26

92

0

72

9

608

3

76

4

78

42

5

75

4

28

7

(6

2)

12

19

89

25

93

7

23

8

922

5

99

2

13

17

1

38

9

15

7

9

12

19

88

22

79

8

21

7

406

2

76

4

43

9

37

4

65

2

(3

) 9

28

12

19

87

28

14

9

32

7

309

3

57

0

12

92

9

92

16

58

1

20

10

76

12

19

86

26

81

1

30

6

223

6

32

5

65

4

51

4

80

7

37

6

49

12

19

85

26

95

3

18

7

019

6

33

9

64

1

51

9

11

40

2

35

12

4

12

19

84

26

01

7

33

5

929

3

56

8

15

61

1

315

1

759

2

38

14

47

12

19

83

23

34

1

38

4

987

9

18

8

15

71

1

299

1

371

2

05

14

82

12

19

82

22

19

4

20

4

527

9

93

6

12

46

9

11

74

1

71

(1

71

)

12

19

81

20

19

6

25

3

795

3

76

9

58

83

5

13

44

2

86

23

9

12

19

80

20

65

9

97

5

283

9

49

2

32

35

2

332

5

619

1

200

(

760

)

118

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryU

nit

ed

Kin

gd

om

oth

er

than

ho

me

fo

reig

n

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pu

bli

c a

nd

pro

du

cts

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

73

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

19

79

21

84

1

65

4

340

2

52

9

00

71

1

15

97

1

5

51

12

19

78

25

68

3

42

3

631

6

24

1

055

9

34

15

80

2

71

16

2

12

19

77

25

96

0

40

3

417

7

38

1

013

8

96

16

25

4

98

(1

76

)

12

19

76

26

19

0

39

3

643

9

12

0

13

17

1

094

1

373

2

71

88

7

12

19

75

41

1

251

5

504

4

586

4

776

2

917

3

648

12

19

74

12

19

73

12

19

72

12

19

71

12

19

70

12

19

69

12

19

68

12

19

67

119

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d a

nd

co

nvert

ed

to

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Ho

me F

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Pu

bli

c a

nd

pro

du

cts

lia

bil

ity

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R31

93792

GL

31

12

2015

000

273

YB

PA

B

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

35

1

33

2

02

2

69

6

29

89

5

88

7

20

70

0

28

.4

12

20

14

12

18

8

19

3

74

2

24

67

5

77

6

13

12

4

59

6

34

31

1

52

8

21

78

9

47

.3

12

20

13

13

23

8

32

0

21

70

9

48

4

26

2

95

0

38

23

1

24

0

10

97

2

93

52

2

8.4

12

20

12

14

31

4

11

8

12

77

7

10

16

5

66

1

90

1

65

98

8

79

1

01

3

16

23

6

4.4

12

20

11

15

39

9

81

1

10

97

8

82

4

72

9

5

75

02

3

95

(

22

81

) 3

44

76

4

8.5

12

20

10

16

13

50

2

21

2

58

99

2

11

8

21

92

3

18

2

25

15

3

21

1

22

3

67

47

8

74

.0

12

20

09

17

14

45

1

57

2

89

58

7

17

7

96

5

46

1

03

18

1

7

(1

60

7)

74

58

4

50

.5

12

20

08

18

19

61

1

37

5

43

68

3

33

3

76

73

7

4

11

64

5

17

4

(7

39

) 5

29

22

1

23

.7

12

20

07

19

77

6

62

3

24

75

2

37

2

28

90

2

5

61

49

4

6

(9

08

) 3

62

46

1

04

.2

12

20

06

20

52

2

48

1

93

33

2

45

9

33

95

2

5

92

5

43

(

11

2)

31

15

5

80

.9

Pri

or

accid

ent years

21

96

2

38

6

92

70

3

64

0

18

11

1

65

4

(3

46

9)

Tota

l (1

1 to 2

1)

29

15

66

1

89

00

7

62

40

9

96

2

97

18

2

72

00

7

20

30

18

90

0

76

24

0

99

62

9

71

82

7

20

0

72

0

Lin

e 2

9 e

xpre

ssed in s

terlin

g

120

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d a

nd

co

nvert

ed

to

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryH

om

e F

ore

ign

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pu

bli

c a

nd

pro

du

cts

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

73

YB

PA

B

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

05

34

1

25

1

633

5

62

1

19

26

1

847

8

1

61

9

34

79

0

54

.3

12

20

04

52

6

28

1

100

8

20

2

17

24

2

695

1

1

(7

80

) 2

095

6

61

.7

12

20

03

11

19

1

3

14

67

1

59

1

49

27

4

86

7

67

(

452

) 3

142

3

48

.2

12

20

02

19

84

6

1

715

9

11

6

92

1

11

9

11

15

1

43

(1

02

) 1

923

5

95

.2

12

20

01

31

10

4

2

439

9

13

8

68

9

52

6

15

42

1

63

(3

52

) 1

715

0

15

0.2

12

20

00

41

67

7

4

016

1

14

9

19

57

7

92

42

70

4

(

137

6)

17

54

9

24

5.4

12

19

99

61

09

2

2

628

4

33

8

60

6

16

98

2

544

1

1

87

1

154

8

25

0.5

12

19

98

83

71

4

4

486

5

12

0

36

0

96

3

65

8

20

3

27

30

8

16

6.4

12

19

97

84

49

4

2

995

2

99

2

48

17

8

13

8

20

1

18

6

29

49

6

10

3.3

12

19

96

53

86

1

990

6

3

4

(1

) 3

238

3

61

.5

12

19

95

62

35

3

309

4

3

3

33

54

8

98

.7

12

19

94

44

36

1

689

6

3

3

12

19

93

51

61

2

098

2

3

3

121

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d a

nd

co

nvert

ed

to

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryH

om

e F

ore

ign

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pu

bli

c a

nd

pro

du

cts

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

73

YB

PA

B

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

19

92

43

05

1

891

5

3

3

12

19

91

30

66

2

187

7

3

3

12

19

90

20

82

3

1

654

9

26

9

69

0

(4

3)

24

49

(

38)

(1

49

5)

12

19

89

20

14

8

072

3

1

31

2

(

2)

12

19

88

14

47

5

404

12

19

87

12

26

7

506

12

19

86

13

81

6

886

12

19

85

15

94

1

378

1

79

8

2

(1

) (

2)

12

19

84

15

54

1

345

5

36

3

6

(1

) 1

12

19

83

15

09

7

299

2

4

24

2

(

2)

12

19

82

99

0

60

36

5

7

57

(

1)

1

12

19

81

71

3

74

22

3

0

30

2

(

2)

12

19

80

15

2

16

51

122

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Bri

tish

Po

un

d a

nd

co

nvert

ed

to

Bri

tish

Po

un

d

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryH

om

e F

ore

ign

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pu

bli

c a

nd

pro

du

cts

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

73

YB

PA

B

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

19

79

12

5

11

26

12

19

78

14

1

20

94

12

19

77

92

7

84

12

19

76

12

4

45

4

12

19

75

12

19

74

12

19

73

12

19

72

12

19

71

12

19

70

12

19

69

12

19

68

12

19

67

123

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Eu

ro

Glo

bal busin

ess

Report

ing T

err

itory

Overs

eas

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Pu

bli

c a

nd

pro

du

cts

lia

bil

ity

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R31

93792

GL

31

12

2015

000

273

EU

RX

X

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

76

4

88

1

73

9

94

97

5

76

2

16

99

8

31

22

3

54

.4

12

20

14

12

21

42

3

10

3

33

8

32

68

8

79

89

2

38

9

31

04

9

10

94

9

10

68

4

68

27

9

9.1

12

20

13

13

28

52

1

67

1

15

73

2

44

81

8

46

8

(5

) 2

81

11

1

43

07

(

94

75

) 5

22

08

8

5.3

12

20

12

14

32

77

1

57

1

59

83

2

36

67

7

90

2

16

7

24

23

3

14

43

6

06

1

48

77

1

97

.8

12

20

11

15

47

62

3

4

21

21

0

17

17

6

14

05

1

87

2

00

42

1

56

(

14

29

) 4

85

67

8

2.3

12

20

10

16

48

56

1

0

20

86

9

63

04

3

07

4

87

6

91

2

57

1

29

3

58

36

7

8.0

12

20

09

17

48

81

1

9

18

03

0

62

95

8

00

1

4

76

13

6

1

(5

65

) 3

78

11

6

6.5

12

20

08

18

51

86

2

7

28

68

8

77

01

1

17

2

11

8

76

6

10

1

08

5

73

94

6

5.5

12

20

07

19

61

47

6

3

93

42

5

98

3

16

5

3

61

46

(

48

) 5

3

45

99

9

98

.9

12

20

06

20

60

21

2

3

34

81

5

51

70

7

44

5

70

7

(2

3)

23

0

52

73

7

77

.2

Pri

or

accid

ent years

21

15

1

14

25

9

10

07

0

52

1

20

82

1

(1

28

) 4

15

7

Tota

l (1

1 to 2

1)

29

13

92

1

45

46

4

48

52

0

95

36

1

59

40

1

26

78

3

17

33

5

30

10

56

38

3

52

36

6

92

5

11

57

60

1

94

50

1

25

89

Lin

e 2

9 e

xpre

ssed in s

terlin

g

124

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Eu

ro

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryO

vers

eas

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pu

bli

c a

nd

pro

du

cts

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

73

EU

RX

X

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

05

49

41

1

14

28

32

6

24

86

7

827

4

83

65

08

(

29)

43

17

5

221

1

74

.9

12

20

04

62

21

1

7

40

44

3

24

85

1

257

8

3

841

(

61)

(3

0)

70

66

2

62

.5

12

20

03

64

54

6

4

837

4

16

19

4

64

1

23

40

(

12)

(2

44

) 6

956

2

72

.5

12

20

02

90

64

4

4

116

7

39

29

3

0

28

4

210

(

13)

(2

11

) 6

864

4

65

.8

12

20

01

76

41

4

2

924

1

59

8

10

2

54

5

(1

0)

16

5

67

61

0

44

.3

12

20

00

68

02

6

2

647

9

99

2

39

0

79

7

(2

6)

61

1

52

94

5

52

.6

12

19

99

56

96

2

033

3

25

7

73

8

22

(

503

) 4

539

1

45

.4

12

19

98

49

39

2

400

3

59

5

50

8

87

4

336

1

56

.7

12

19

97

49

23

2

111

1

32

2

32

3

(1

) 4

462

6

48

.0

12

19

96

29

50

1

724

1

14

3

18

6

(4

3)

38

33

3

45

.4

12

19

95

15

17

1

235

2

53

5

53

5

1

19

02

4

67

.7

12

19

94

18

19

1

284

4

11

2

10

3

9

12

19

93

18

69

1

045

9

2

2

1

125

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Eu

ro

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryO

vers

eas

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pu

bli

c a

nd

pro

du

cts

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

73

EU

RX

X

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

19

92

15

98

7

667

1

1

12

19

91

16

83

9

743

12

19

90

18

41

8

778

8

8

12

19

89

18

07

8

606

4

0

40

12

19

88

17

70

8

534

3

5

35

12

19

87

15

69

7

064

12

19

86

12

94

5

634

1

6

16

12

19

85

13

86

3

744

8

5

10

1

(1

6)

12

19

84

13

38

3

698

12

19

83

12

65

3

113

12

19

82

18

0

11

4

12

19

81

71

7

1

12

19

80

70

5

6

126

17

03

20

16

:13

:59

:41

Fo

rm 3

1(c

on

tin

uati

on

sh

eet)

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

su

rer

Ro

yal

& S

un

Allia

nce

In

su

ran

ce p

lc

Curr

en

cy

Eu

ro

Glo

bal b

usin

ess

Rep

ort

ing T

err

ito

ryO

vers

eas

Fin

ancia

l yea

r en

de

d31

Dec

em

ber

20

15

Co

mp

an

yG

L/

Rep

ort

ing

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Cate

go

ryC

urr

en

cy

terr

ito

ry

Pu

bli

c a

nd

pro

du

cts

lia

bilit

yn

um

be

rC

M u

nit

sn

um

be

rc

od

ec

od

e

R31

93

79

2G

L31

1

2 2

015

00

02

73

EU

RX

X

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Rep

ort

ed

Incu

rre

d b

ut

Rep

ort

ed

Incu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

fin

an

cia

l ye

ars

Mo

nth

Ye

ar

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

19

79

52

2

2

12

19

78

46

5

5

12

19

77

55

1

7

12

19

76

63

2

9

12

19

75

12

19

74

12

19

73

12

19

72

12

19

71

12

19

70

12

19

69

12

19

68

12

19

67

127

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d a

nd

co

nvert

ed

to

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Wo

rld

wid

e

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Mari

ne h

ull

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R31

93792

GL

31

12

2015

000

342

YB

PW

W

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

20

36

8

33

88

5

20

04

4

74

29

7

98

49

7

75

.4

12

20

14

12

14

91

4

34

18

1

27

11

0

11

19

0

39

40

0

32

72

4

35

7

11

35

24

7

7.0

12

20

13

13

93

43

7

69

9

15

92

3

11

03

2

45

14

1

22

25

(

12

01

4)

47

81

2

71

.3

12

20

12

14

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent years

21

Tota

l (1

1 to 2

1)

29

62

24

8

76

91

8

32

33

7

63

91

4

44

94

9

62

64

0

30

62

24

8

76

91

8

32

33

7

63

91

4

44

94

9

62

64

0

Lin

e 2

9 e

xpre

ssed in s

terlin

g

128

17

03

20

16

:13

:59

:41

Fo

rm 3

1

Gen

era

l in

su

ran

ce b

usin

es

s (

ac

cid

en

t yea

r ac

co

un

tin

g)

: A

naly

sis

of

gro

ss

cla

ims

an

d p

rem

ium

s b

y r

isk c

ate

go

ry f

or

dir

ec

t in

su

ran

ce

an

d f

acu

ltati

ve r

ein

su

ran

ce

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lc

C

urr

ency

Bri

tish

Po

un

d a

nd

co

nvert

ed

to

Bri

tish

Po

un

d

Glo

bal busin

ess

Report

ing T

err

itory

Wo

rld

wid

e

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Pri

mary

(d

irect)

an

d f

acu

ltati

ve g

oo

ds in

tra

nsit

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R31

93792

GL

31

12

2015

000

350

YB

PW

W

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Accid

ent year

ende

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ug

ht

forw

ard

(la

test

ye

ar)

or

ea

rne

d%

de

ve

lop

ed

pre

miu

ms

Clo

se

d a

t so

me

R

ep

ort

ed

In p

revio

us

In t

his

Re

po

rte

dIn

cu

rre

d b

ut

Re

po

rte

dIn

cu

rre

d b

ut

(oth

er

ye

ars

)

co

st

du

rin

g t

his

cla

ims

fin

an

cia

l ye

ars

fin

an

cia

ln

ot

rep

ort

ed

no

t re

po

rte

dd

uri

ng

th

is

or

pre

vio

us

ou

tsta

nd

ing

ye

ar

fin

an

cia

l ye

ar

Month

Year

fin

an

cia

l ye

ars

(4+

5+

6-7

-8)

12

34

56

78

91

01

1

12

20

15

11

34

07

2

63

92

1

13

07

0

11

10

63

9

68

93

1

14

.6

12

20

14

12

34

44

3

43

47

9

20

83

5

(3

77

2)

45

38

8

12

18

4

29

70

1

47

13

0

64

.6

12

20

13

13

66

78

8

10

05

2

66

23

(

15

05

) 1

89

07

(

62

56

) 2

51

9

99

29

5

82

.5

12

20

12

14

12

20

11

15

12

20

10

16

12

20

09

17

12

20

08

18

12

20

07

19

12

20

06

20

Pri

or

accid

ent years

21

Tota

l (1

1 to 2

1)

29

87

60

3

91

37

9

77

93

6

42

95

5

92

8

11

65

52

30

87

60

3

91

37

9

77

93

6

42

95

5

92

8

11

65

52

Lin

e 2

9 e

xpre

ssed in s

terlin

g

129

17

03

20

16

:13

:59

:41

Fo

rm 3

2

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

na

lys

is o

f g

ros

s c

laim

s a

nd

pre

miu

ms

fo

r m

oto

r ve

hic

le d

ire

ct

ins

ura

nc

e a

nd

fa

cu

lta

tive

re

ins

ura

nc

e

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lcC

urr

en

cy

Bri

tish

Po

un

d

Glo

bal busin

ess

Re

po

rtin

g T

err

itory

Un

ited

Kin

gd

om

oth

er

tha

n h

om

e f

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Pri

vate

mo

tor

- co

mp

reh

en

siv

en

um

be

rC

M u

nit

sn

um

be

rco

de

co

de

R3

293792

GL

31

12

201

5000

121

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Ve

hic

leC

laim

s

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ugh

t fo

rwa

rd(late

st

ye

ar)

or

ea

rne

d

%ye

ars

fre

qu

en

cy

de

ve

lop

ed

pre

miu

ms

(00

0's

)%

Clo

se

d a

t so

me

R

ep

ort

ed

cla

ims

In p

revio

us

In this

fin

ancia

lR

ep

ort

ed

Incurr

ed b

ut

Re

po

rted

In

curr

ed b

ut

(oth

er

ye

ars

)

cost

during t

his

outs

tandin

gfinan

cia

l ye

ars

ye

ar

not re

port

ed

not re

port

ed

du

ring t

his

or

pre

vio

us

fina

ncia

l ye

ar

Mon

thY

ea

ryears

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

44549

24592

95

55

4

74

08

8

20

55

4

19

01

96

251826

75.5

5

60

12.3

12

20

14

12

72919

9754

11

70

32

37

09

9

67

73

0

47

22

8

293

5

17

69

6

89

20

2

95339

76.7

6

77

12.2

12

20

13

13

94717

6811

18

83

22

17

13

5

72

00

1

20

6

91

03

1

14

49

6

(1

618

5)

377002

73.7

8

69

11.7

12

20

12

14

103733

4445

21

84

89

13

05

9

46

02

6

35

20

6

448

9

71

55

(

90

39

) 4

14592

67.8

9

28

11.7

12

20

11

15

143393

3928

29

10

35

15

72

0

97

48

2

24

23

19

4

52

64

(

27

66

) 4

80276

65.9

1

127

13.1

12

20

10

16

173233

2560

37

57

93

88

85

1

579

0

46

78

2

353

2

58

13

8

4

71132

86.0

1

210

14.5

12

20

09

17

168044

816

36

67

21

71

85

9

776

7

982

1

351

3

10

03

3

13

97

4

24350

92.3

1

180

14.3

12

20

08

18

162694

167

31

22

47

32

17

3

139

2

394

5

833

1

946

9

71

398420

80.6

1

181

13.8

12

20

07

19

181217

66

29

24

16

16

85

2

7

29

2

172

2

22

(6

53)

390704

75.3

1

210

15.0

12

20

06

20

159103

855

27

25

02

36

0

28

5

64

8

36

9

16

34

1

373131

73.4

1

194

13.4

Prior

accid

en

t ye

ars

21

2805

63

78

5

599

8

46

50

0

63

86

6

43

20

0

18

10

To

tal (1

1 t

o 2

1)

29

56799

20

62

77

35

46

08

91

45

7

37

06

01

10

67

41

17

50

00

30

20

62

77

35

46

08

91

45

7

37

06

01

10

67

41

17

50

00

Lin

e 2

9 e

xp

resse

d in

ste

rlin

g

130

17

03

20

16

:13

:59

:41

Fo

rm 3

2

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

na

lys

is o

f g

ros

s c

laim

s a

nd

pre

miu

ms

fo

r m

oto

r ve

hic

le d

ire

ct

ins

ura

nc

e a

nd

fa

cu

lta

tive

re

ins

ura

nc

e

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lcC

urr

en

cy

Bri

tish

Po

un

d

Glo

bal busin

ess

Re

po

rtin

g T

err

itory

Un

ited

Kin

gd

om

oth

er

tha

n h

om

e f

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Fle

ets

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R3

293792

GL

31

12

201

5000

221

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Ve

hic

leC

laim

s

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ugh

t fo

rwa

rd(late

st

ye

ar)

or

ea

rne

d

%ye

ars

fre

qu

en

cy

de

ve

lop

ed

pre

miu

ms

(00

0's

)%

Clo

se

d a

t so

me

R

ep

ort

ed

cla

ims

In p

revio

us

In this

fin

ancia

lR

ep

ort

ed

Incurr

ed b

ut

Re

po

rted

In

curr

ed b

ut

(oth

er

ye

ars

)

cost

during t

his

outs

tandin

gfinan

cia

l ye

ars

ye

ar

not re

port

ed

not re

port

ed

du

ring t

his

or

pre

vio

us

fina

ncia

l ye

ar

Mon

thY

ea

ryears

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

138302

59568

24

00

95

15

93

89

54

34

0

45

38

24

536090

84.7

7

36

26.9

12

20

14

12

186622

20284

23

03

09

68

66

6

12

64

99

18

09

1

14

35

27

29

30

9

40

42

0

501993

88.4

7

27

28.5

12

20

13

13

209191

12444

31

50

21

20

37

9

67

51

1

13

80

8

93

15

9

90

19

(

48

0)

496408

83.9

7

63

29.0

12

20

12

14

230282

8567

37

45

02

14

60

1

37

59

4

69

54

5

459

7

12

77

8

(8

226

) 4

74741

91.3

8

08

29.6

12

20

11

15

247718

6584

37

68

92

11

60

3

21

91

9

23

43

3

743

0

47

51

(

63

16

) 4

24726

97.2

7

94

32.0

12

20

10

16

296598

4068

39

43

28

57

41

8

030

3

211

2

210

7

22

43

(

73

68

) 4

05253

101.5

8

34

36.1

12

20

09

17

265290

1421

33

91

08

42

32

9

051

6

874

1

334

5

92

18

(

24

06

) 3

95816

90.8

8

49

31.4

12

20

08

18

275980

87

31

30

32

43

12

7

587

2

921

1

027

7

44

81

6

2

406164

80.7

8

74

31.6

12

20

07

19

242809

44

28

71

83

85

2

78

24

2

882

8

358

2

880

3

20

410583

72.8

9

16

26.5

12

20

06

20

189648

115

27

57

64

23

6

37

14

2

480

2

862

3

403

1

65

396869

71.1

9

28

20.4

Prior

accid

en

t ye

ars

21

117

14

20

4

016

4

25

64

5

22

70

2

48

06

4

(3

537

)

To

tal (1

1 t

o 2

1)

29

113299

37

21

37

48

92

82

13

95

49

40

83

64

12

61

46

46

64

58

30

37

21

37

48

92

82

13

95

49

40

83

64

12

61

46

46

64

58

Lin

e 2

9 e

xp

resse

d in

ste

rlin

g

131

17

03

20

16

:13

:59

:41

Fo

rm 3

2

Gen

era

l in

su

ran

ce b

usin

ess (

accid

en

t year

acco

un

tin

g)

: A

na

lys

is o

f g

ros

s c

laim

s a

nd

pre

miu

ms

fo

r m

oto

r ve

hic

le d

ire

ct

ins

ura

nc

e a

nd

fa

cu

lta

tive

re

ins

ura

nc

e

Nam

e o

f in

sure

rR

oyal &

Su

n A

llia

nce I

nsu

ran

ce p

lcC

urr

en

cy

Bri

tish

Po

un

d

Glo

bal busin

ess

Re

po

rtin

g T

err

itory

Un

ited

Kin

gd

om

oth

er

tha

n h

om

e f

ore

ign

Fin

ancia

l year

ended

31 D

ecem

ber

2015

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rre

nc

yte

rrit

ory

Co

mm

erc

ial veh

icle

s (

no

n-f

leet)

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R3

293792

GL

31

12

201

5000

222

GB

PA

A

Gro

ss c

laim

s o

uts

tan

din

g

Gro

ss c

laim

s o

uts

tan

din

g

Cla

ims in

cu

rre

dG

ross

Cla

ims r

atio

Ve

hic

leC

laim

s

Accid

en

t ye

ar

en

de

dN

um

be

r o

f cla

ims

Gro

ss c

laim

s p

aid

ca

rrie

d f

orw

ard

bro

ugh

t fo

rwa

rd(late

st

ye

ar)

or

ea

rne

d

%ye

ars

fre

qu

en

cy

de

ve

lop

ed

pre

miu

ms

(00

0's

)%

Clo

se

d a

t so

me

R

ep

ort

ed

cla

ims

In p

revio

us

In this

fin

ancia

lR

ep

ort

ed

Incurr

ed b

ut

Re

po

rted

In

curr

ed b

ut

(oth

er

ye

ars

)

cost

during t

his

outs

tandin

gfinan

cia

l ye

ars

ye

ar

not re

port

ed

not re

port

ed

du

ring t

his

or

pre

vio

us

fina

ncia

l ye

ar

Mon

thY

ea

ryears

(4+

5+

6-7

-8)

12

34

56

78

91

01

11

21

3

12

20

15

11

11021

4679

23

01

6

20

91

7

68

20

5

075

3

81514

62.3

9

1

17.3

12

20

14

12

13983

1353

26

36

8

18

47

5

11

97

1

36

5

23

17

0

92

81

(

16

40

) 8

0640

70.9

9

2

16.7

12

20

13

13

17369

774

32

52

7

36

41

7

263

4

34

11

09

1

25

87

(

23

40

) 7

9718

55.0

9

3

19.5

12

20

12

14

17856

494

37

23

4

47

67

6

308

3

97

11

28

5

(6

22)

80

9

70446

69.1

8

7

21.1

12

20

11

15

23597

380

64

45

7

23

02

5

643

1

731

8

836

(

26

66

) 3

506

8

6991

85.2

1

16

20.7

12

20

10

16

24948

278

78

74

1

23

20

1

476

4

37

27

26

4

96

10

11

8

4510

98.2

1

23

20.5

12

20

09

17

23770

110

86

36

2

33

18

8

440

2

298

1

063

4

28

88

5

34

82284

122.0

1

25

19.1

12

20

08

18

25985

28

57

36

4

37

5

87

2

21

3

86

6

24

2

35

2

70242

83.7

1

14

22.8

12

20

07

19

16467

22

47

76

8

15

1

58

5

89

62

1

60

8

(4

31)

67107

72.4

1

16

14.2

12

20

06

20

18070

50

45

11

1

60

5

86

11

7

64

4

17

0

(5

1)

83288

55.1

1

51

12.0

Prior

accid

en

t ye

ars

21

142

31

7

17

09

4

916

3

989

5

265

(

23

12

)

To

tal (1

1 t

o 2

1)

29

8310

58

74

2

65

24

3

18

31

7

73

86

2

18

24

9

50

19

1

30

58

74

2

65

24

3

18

31

7

73

86

2

18

24

9

50

19

1

Lin

e 2

9 e

xp

resse

d in

ste

rlin

g

132

17

03

20

16

:13

:59

:41

Fo

rm 3

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Na

me

of in

su

rer

Ro

yal

& S

un

All

ian

ce I

ns

ura

nce

plc

C

urr

ency

Bri

tis

h P

ou

nd

an

d c

on

ve

rted

to

Bri

tish

Po

un

d

Glo

ba

l bu

sin

ess

R

eport

ing T

err

itory

Wo

rld

wid

e

Fin

an

cia

l ye

ar

en

de

d3

1 D

ece

mb

er

20

15

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay m

on

th ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rren

cy

terr

ito

ry

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R3

493792

GL

31

12

201

5000

331

YB

PW

W

Gro

ss c

laim

s o

uts

tandin

g

Gro

ss c

laim

s o

uts

tandin

g

Cla

ims in

cu

rred

Gro

ss

Cla

ims r

atio

Underw

riting y

ear

ended

Gro

ss c

laim

s p

aid

carr

ied forw

ard

bro

ught fo

rward

(la

test ye

ar)

or

written

%

develo

ped

pre

miu

ms

In p

revio

us

In this

fin

an

cia

lR

ep

ort

ed

Incu

rre

d b

ut

Re

po

rted

Incu

rre

d b

ut

(oth

er

ye

ars

)

fin

an

cia

l ye

ars

ye

ar

no

t re

po

rted

no

t re

po

rted

during this

financia

l year

Month

Year

(2+

3+

4-5

-6)

12

34

56

78

9

12

2015

11

12

2014

12

12

2013

13

12

2012

14

12

2011

15

12

2010

16

12

2009

17

12

2008

18

3

465

0.6

12

2007

19

3141

33

43

28

8

4

92

1422

228.2

12

2006

20

1027

10

44

29

38

19

26

916

121.2

Prior

underw

riting y

ears

21

2292

17295

14562

23476

10388

285

Tota

l (1

1 to 2

1)

29

2335

17382

14619

23522

10411

403

30

2335

17382

14619

23522

10411

403

Avia

tio

n l

iab

ilit

y

Lin

e 2

9 e

xpre

ssed in s

terlin

g

133

17

03

20

16

:13

:59

:41

Fo

rm 3

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Na

me

of in

su

rer

Ro

yal

& S

un

All

ian

ce I

ns

ura

nce

plc

C

urr

ency

Bri

tis

h P

ou

nd

an

d c

on

ve

rted

to

Bri

tish

Po

un

d

Glo

ba

l bu

sin

ess

R

eport

ing T

err

itory

Wo

rld

wid

e

Fin

an

cia

l ye

ar

en

de

d3

1 D

ece

mb

er

20

15

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay m

on

th ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rren

cy

terr

ito

ry

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R3

493792

GL

31

12

201

5000

342

YB

PW

W

Gro

ss c

laim

s o

uts

tandin

g

Gro

ss c

laim

s o

uts

tandin

g

Cla

ims in

cu

rred

Gro

ss

Cla

ims r

atio

Underw

riting y

ear

ended

Gro

ss c

laim

s p

aid

carr

ied forw

ard

bro

ught fo

rward

(la

test ye

ar)

or

written

%

develo

ped

pre

miu

ms

In p

revio

us

In this

fin

an

cia

lR

ep

ort

ed

Incu

rre

d b

ut

Re

po

rted

Incu

rre

d b

ut

(oth

er

ye

ars

)

fin

an

cia

l ye

ars

ye

ar

no

t re

po

rted

no

t re

po

rted

during this

financia

l year

Month

Year

(2+

3+

4-5

-6)

12

34

56

78

9

12

2015

11

12

2014

12

12

2013

13

12

2012

14

74495

10163

13479

2428

16062

826

9182

129617

77.6

12

2011

15

95129

6116

7599

333

13775

(2843)

3116

127841

85.4

12

2010

16

75320

2897

3224

230

2192

130

4029

118842

68.7

12

2009

17

56125

375

3553

206

5348

169

(1383)

126761

47.5

12

2008

18

60961

412

3834

89

4741

71

(477)

83584

78.1

12

2007

19

52551

269

712

32

1286

(37)

(236)

70418

76.1

12

2006

20

67718

(388)

1124

71

1321

129

(643)

66476

103.1

Prior

underw

riting y

ears

21

(205)

4727

7466

5207

8278

(1497)

Tota

l (1

1 to 2

1)

29

19639

38252

10855

49932

6723

12091

30

19639

38252

10855

49932

6723

12091

Ma

rin

e h

ull

Lin

e 2

9 e

xpre

ssed in s

terlin

g

134

17

03

20

16

:13

:59

:41

Fo

rm 3

4

Gen

era

l in

su

ran

ce b

usin

ess (

un

derw

riti

ng

year

acco

un

tin

g)

: A

naly

sis

of

gro

ss c

laim

s a

nd

pre

miu

ms b

y r

isk c

ate

go

ry f

or

dir

ect

insu

ran

ce a

nd

facu

ltati

ve r

ein

su

ran

ce

Na

me

of in

su

rer

Ro

yal

& S

un

All

ian

ce I

ns

ura

nce

plc

C

urr

ency

Bri

tis

h P

ou

nd

an

d c

on

ve

rted

to

Bri

tish

Po

un

d

Glo

ba

l bu

sin

ess

R

eport

ing T

err

itory

Wo

rld

wid

e

Fin

an

cia

l ye

ar

en

de

d3

1 D

ece

mb

er

20

15

Co

mp

an

yG

L/

Re

po

rtin

g

reg

istr

ati

on

UK

/d

ay m

on

th ye

ar

Mo

ne

tary

Ca

teg

ory

Cu

rren

cy

terr

ito

ry

nu

mb

er

CM

un

its

nu

mb

er

co

de

co

de

R3

493792

GL

31

12

201

5000

350

YB

PW

W

Gro

ss c

laim

s o

uts

tandin

g

Gro

ss c

laim

s o

uts

tandin

g

Cla

ims in

cu

rred

Gro

ss

Cla

ims r

atio

Underw

riting y

ear

ended

Gro

ss c

laim

s p

aid

carr

ied forw

ard

bro

ught fo

rward

(la

test ye

ar)

or

written

%

develo

ped

pre

miu

ms

In p

revio

us

In this

fin

an

cia

lR

ep

ort

ed

Incu

rre

d b

ut

Re

po

rted

Incu

rre

d b

ut

(oth

er

ye

ars

)

fin

an

cia

l ye

ars

ye

ar

no

t re

po

rted

no

t re

po

rted

during this

financia

l year

Month

Year

(2+

3+

4-5

-6)

12

34

56

78

9

12

2015

11

12

2014

12

12

2013

13

12

2012

14

94876

5412

11754

(2860)

18109

(1731)

(2072)

149065

73.2

12

2011

15

97193

1301

7261

(590)

8358

(987)

601

137032

76.7

12

2010

16

88330

(954)

1239

1538

(469)

(784)

129803

68.3

12

2009

17

56758

26

911

1093

(156)

121406

47.5

12

2008

18

64442

511

1556

318

3427

(1042)

94535

70.7

12

2007

19

57249

(169)

900

1052

(321)

92833

62.5

12

2006

20

34975

(415)

370

436

(481)

94920

36.8

Prior

underw

riting y

ears

21

(8)

787

902

(2)

(121)

Tota

l (1

1 to 2

1)

29

5704

24778

(3132)

34915

(3189)

(4376)

30

5704

24778

(3132)

34915

(3189)

(4376)

Pri

ma

ry (

dir

ect)

an

d f

acu

ltati

ve

go

od

s i

n

tra

nsit

Lin

e 2

9 e

xpre

ssed in s

terlin

g

135

17032016:13:59:41

Form 36

Currency rates


Global business

Financial year ended 31 December 2015 Company GL/

registration UK/ day month year

number CM

R36 93792 GL 31 12 2015

Name of currency Currency code No. of units to

£ sterling

EUR 1.377000

AUD 1.000000

Euro

Australian Dollar

136

17

03

20

16

:13

:59

:41

Fo

rm 3

7

Eq

ua

lisa

tio

n p

rovis

ion

s

Na

me

of in

sure

rR

oyal &

Su

n A

llia

nce

In

su

ran

ce

plc

Glo

bal bu

sin

ess

Fin

an

cia

l yea

r en

de

d31

Dec

em

be

r 20

15

Co

mp

an

yG

L/

reg

istr

ati

on

UK

/d

ay m

on

th year

Un

its

nu

mb

er

CM

R37

93

79

2G

L31

1

2 20

15

£0

00

Busin

ess

Busin

ess

Busin

ess

Busin

ess

Busin

ess

All

bu

sin

ess

Cre

dit

gro

up

ing

Ag

rou

pin

g B

gro

up

ing

Cg

rou

pin

g D

gro

up

ing

Eg

rou

pin

gs

insu

ran

ce

(pro

pe

rty)

(bu

sin

ess

(ma

rin

e a

nd

(nu

cle

ar)

(no

n-

bu

sin

ess

inte

rru

ptio

n)

avia

tio

n)

pro

po

rtio

na

l

tre

aty

)

Ca

lcu

lati

on

of

the

max

imu

m p

rovis

ion

12

34

56

7

Tota

l net pre

miu

ms w

ritten in the p

revio

us 4

years

11

45

88

37

2

18

59

32

6

40

80

2

76

58

8

Ne

t pre

miu

ms w

ritten in the c

urr

ent year

12

10

00

57

5

26

57

8

14

44

48

4

62

75

Maxim

um

pro

vis

ion

13

22

35

58

8

50

0

62

82

0

18

42

9

31

33

08

Ca

lcu

lati

on

of

the

tra

ns

fer

to/f

rom

th

e p

rovis

ion

Equalis

ation p

rovis

ion b

rought fo

rward

21

33

52

81

Tra

nsfe

rs in

22

30

01

7

79

7

86

67

5

09

0

44

57

1

Tota

l abnorm

al lo

ss

23

91

73

Pro

vis

ional tr

ansfe

rs o

ut

24

91

73

9

17

3

Excess o

f pro

vis

ional tr

ansfe

r out over

fund a

vaila

ble

25

Pro

vis

ional am

ount carr

ied forw

ard

(2

1+

22-2

4+

25)

26

37

06

79

Excess, if a

ny, of 26 o

ver

13

27

57

37

1

Equalis

ation p

rovis

ion c

arr

ied forw

ard

(2

6-2

7)

28

31

33

08

Tra

nsfe

r in

/(out)

for

financia

l year

(28-2

1)

29

(2

19

73

)

137

17

03

20

16

:13

:59

:41

Fo

rm 3

8

Eq

ualisa

tio

n p

rovis

ion

s t

ec

hn

ical ac

co

un

t :

Ac

cid

en

t yea

r ac

co

un

tin

g

Na

me o

f in

sure

rR

oyal &

Su

n A

llia

nce In

su

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l yea

r end

ed

31

Dec

em

ber

201

5C

om

pa

ny

GL

/

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Un

its

nu

mb

er

CM

R38

93

79

2G

L31

12

2

015

£0

00

Busin

ess

Bu

sin

ess

Bu

sin

ess

Bu

sin

ess

Bu

sin

ess

gro

up

ing

Ag

rou

pin

g B

gro

up

ing

Cg

rou

pin

g D

gro

up

ing

E

(pro

pe

rty)

(bu

sin

ess

(ma

rin

e a

nd

(nu

cle

ar)

(no

n-p

rop

ort

ion

al

inte

rru

ptio

n)

avia

tio

n)

tre

aty

)

Oth

er

than

cre

dit

bu

sin

es

s1

23

45

Net

pre

miu

ms e

arn

ed

11

10

42

47

8

39

97

9

14

08

82

6

70

Cla

ims in

cu

rre

d n

et

of

rein

su

ran

ce

12

48

18

07

2

65

37

8

88

87

Tri

gg

er

cla

ims v

alu

e1

3 7

55

79

7

28

98

5

13

38

38

1

67

Abn

orm

al lo

ss

19

Tri

gg

er

cla

ims r

atio

72

.5%

72

.5%

95

%2

5%

10

0%

Cre

dit

bu

sin

es

s

Net

pre

miu

ms e

arn

ed

21

Cla

ims in

cu

rre

d n

et

of

rein

su

ran

ce

22

Cla

ims m

an

ag

em

en

t co

sts

23

Net

op

era

tin

g e

xp

en

ditu

re2

4

Te

ch

nic

al su

rplu

s/

(de

ficit)

(21

-22

-23

-24

)2

9

138

17

03

20

16

:13

:59

:41

Fo

rm 3

9

Eq

ualisa

tio

n p

rovis

ion

s t

ec

hn

ical ac

co

un

t :

Un

derw

riti

ng

yea

r ac

co

un

tin

g

Na

me o

f in

sure

rR

oyal &

Su

n A

llia

nce In

su

ran

ce p

lc

Glo

bal busin

ess

Fin

ancia

l yea

r end

ed

31

Dec

em

ber

201

5C

om

pa

ny

GL

/

reg

istr

ati

on

UK

/d

ay

mo

nth

ye

ar

Un

its

nu

mb

er

CM

R39

93

79

2G

L31

12

2

015

£0

00

Busin

ess

Bu

sin

ess

Bu

sin

ess

Bu

sin

ess

Bu

sin

ess

gro

up

ing

Ag

rou

pin

g B

gro

up

ing

Cg

rou

pin

g D

gro

up

ing

E

(pro

pe

rty)

(bu

sin

ess

(ma

rin

e a

nd

(nu

cle

ar)

(no

n-p

rop

ort

ion

al

inte

rru

ptio

n)

avia

tio

n)

tre

aty

)

Oth

er

than

cre

dit

bu

sin

es

s1

23

45

Net

pre

miu

ms w

ritt

en

11

28

00

4

71

08

4

15

43

Cla

ims n

et

of

rein

su

ran

ce

12

(1

22

49

) 1

59

26

2

59

93

Tri

gg

er

cla

ims v

alu

e1

3 2

03

03

6

75

3

41

54

3

Abn

orm

al lo

ss

19

91

73

Tri

gg

er

cla

ims r

atio

72

.5%

72

.5%

95

%2

5%

10

0%

Cre

dit

bu

sin

ess

Net

pre

miu

ms w

ritt

en

21

Cla

ims n

et

of

rein

su

ran

ce

22

Cla

ims m

an

ag

em

en

t co

sts

23

Net

op

era

tin

g e

xp

en

ditu

re2

4

Te

ch

nic

al su

rplu

s/

(de

ficit)

(21

-22

-23

-24

)2

9

139

Royal & Sun Alliance Insurance plc and UK Subsidiaries Returns under the Accounts and Statements Rules Notes to the Return Financial year ended 31 December 2015

140

*0101* Modification to the Return

This return has been prepared in accordance with the Accounts and Statements Rules, as modified by a direction made by the FSA, now the PRA and FCA in December 2012 under section 148 of the Act. The effect of the direction is to enable Royal & Sun Alliance Insurance plc to provide a Group return in respect of the companies listed on page 160, such companies being required to maintain appropriate reinsurance arrangements and deeds of indemnity with RSAI.

For the 2015 return only, the PRA has confirmed (via email correspondence on 30 November 2015 at

9.40) that The Sun Insurance Office could be excluded from Forms 1,3,11,12,13,15 and 37 to 39 for this financial year in this regulatory return for the reason set out below. It has not been possible to amend the existing direction to reflect this exclusion as the PRA ceased issuing new modifications to the reporting requirements due to the regulatory regime change to Solvency II on 1 January 2016.

The PRA agreed this amendment as the Company sold the trade and net assets of The Sun

Insurance Office at 00:01 on 1 January 2016. The Sun Insurance Office has commenced the deauthorisation process with the regulators and aims to complete this shortly.

*0103* Company solvency statements

Forms 1, 3, 11 and 12 for each of the companies included in the Group return are shown on pages 161 to 171.

*0104* Reclassification of Tier 1 Capital resources

RSA Insurance Group plc issued £400m of subordinated debt in December 2014 that was guaranteed by RSA Insurance plc. As required by GENPRU 2.2.65R, this has been treated as a connected transaction and £400m has been disqualified from tier one capital. The instrument meets the criteria of a lower tier two instrument and therefore has been included in line 52 of form 3. During 2015, amendments have been made to the intra group subordinated loan agreements, between RSA Insurance Group plc and RSA Insurance plc, to achieve compliance with the PRA Supervisory Statement 8/14. The intra group loan agreements are connected to the issue of two tranches of subordinated debt by RSA Insurance Group plc of £375 million in May 2006 and £500 million in May 2008 that have been guaranteed by RSA Insurance plc. As required by GENPRU 2.2.65R, these have been treated as connected transactions and the difference between the value of the intra group loans and the value of the guarantees of £305 million has been disqualified from tier one capital. The guarantee related to the £375 million subordinated debt meets the requirements of an innovative tier one instrument and has been included line 27 of form 3 and the guarantee related to the £500 million subordinated debt meets the requirements of a lower tier two instrument and has been included line 52 of form 3.

*0301* Reconciliation of capital resources

£'000

Form 13 Line 89 16,466,678

Form 15 Line 69 (14,496,945)

Subordinated loan capital 569,721

Disallowed tier 1 capital (5,335)

Related Regulated Undertakings capital requirement 727,006

Form 3 line 79 3,261,125


141

*0310* Details of certain valuation differences

Negative valuation differences on line 35 of form 3 consists of £140,797k relating to the revaluation of pension deficits to the pension deficit reduction amount, £(24,229)k revision to claims equalisation reserve and £5,335k arising from tier 1 capital disallowed by reason of the irrevocable guarantee given by Royal & Sun Alliance Insurance plc (‘RSAI’) to RSA Insurance Group plc (‘RSAIG’) in respect of US$7.8m 8.95% Subordinated Guaranteed Bonds.

*0313* Reconciliation of the movement in profit & loss and other reserves £'000

Form 3 Line 12 Column 3 199,395

Form 3 Line 12 Column 4 (112,967)

FRS 101 restatement of prior year position (79,024)

Change in revision to equalisation provision 27,974

Form 16 Line 59 35,378

*1105* Differences with Forms 21 to 25 As a result of the disposal of branches in Italy, Hong Kong, Labuan, Singapore and the treatment of

The Sun Insurance Office referred to in note 0101, Gross premiums written reported in Forms 21 to 25 do not agree with Form 11, by £153,342k.

*1205* Differences with Forms 21 to 25 As a result of the disposal of branches in Italy, Hong Kong, Labuan, Singapore and the treatment of

The Sun Insurance Office referred to in note 0101, claims reported in Forms 21 to 25 do not agree with Form 12, by £(508,098k).

*1301* Aggregate value of certain investments

The Group held £917,885k in unlisted securities, listed securities not readily realisable and collective investment schemes, the majority of which was certificates of deposit issued by UK banks and holdings in collective investment schemes.

*1302* Hybrid securities The aggregate value of hybrid securities included within lines 46 or 48 is £28,991k. *1303* Salvage and subrogation Included within row 78 of form 13 is an amount £12,445k (2014 £10,531k) in respect of salvage and

subrogation.

*1304* Set off Assets and liabilities have been set off to the extent permitted by generally accepted accounting

principles. *1305* Counterparty limits

The maximum investment exposure to any one counterparty permitted by the Group’s investment guidelines was £823m. This amount was not exceeded during the year.


142

*1306* Large exposure

The Group has amounts due from its parent and connected companies of £424,368k which has been restricted to 1% of its general business amount.

*1307* Reinsurance exposure guaranteed by a credit institution

The Group held letters of credit to a value of £56.6m at 31 December 2015 in respect of its reinsurance exposure.

*1318* Details of other asset adjustments

£'000

100% minority share adjustment in dependants (27,122)

Claims discounting in dependants 79,943

Form 13 line 101 52,821

*1501* Assumptions re provision for adverse charges

No provision for adverse charges has been made as liabilities are matched to assets. *1502* Details of charges over assets, potential capital gains tax liability, contingent liabilities, other

guarantees and indemnities and fundamental uncertainties

a) Charges over assets At 31 December 2015, the Group had pledged £376m of financial assets as collateral for liabilities or contingent liabilities and had accepted £476m in collateral. The nature of the assets pledged as collateral comprises government securities of £314m included within Form 13 line 45, cash and cash equivalents of £50m included within Form 13 line 81 and debt securities £12m included within Form 13 Line 46. The terms and conditions of the collateral pledged are market standard in relation to letter of credit facilities. The liabilities secured by these assets consist outstanding claims £280m included within Line 12 of Form 15 and derivative liabilities £51m included within Line 49 of Form 15. b) Potential capital gains tax liability There would be no potential capital gains tax liability on a disposal of assets. c) Contingent liabilities The Group has no contingent liabilities other than in the normal course of insurance business. d) Other guarantees, indemnities or other contractual commitments RSA Insurance Group plc (RSAIG) has issued US$23.682m 8.95% Subordinated Guaranteed Bonds due 15 October 2029. Under the First Supplemental Indenture dated 2 March 2007 to an indenture dated 1 October 1999 between the RSAIG, RSAI and Deutsche Bank Trust Company Americas, RSAI irrevocably and unconditionally guaranteed the obligations of RSAIG pursuant to the Bonds, including the payment of capital and interest, on a direct, unsecured and subordinated basis. In the event of the winding up of RSAI, the claims of the Bondholders will be subordinated in right of payment, in the manner provided in the Indenture, to all claims of the senior creditors (including all policyholders) of RSAI. RSAIG has issued £500m 9.375% Guaranteed Subordinated Step-up Notes due 20 May 2039. Under a Trust Deed dated 20 May 2009, RSAI irrevocably guaranteed the due and punctual payment of all principal, interest and other sums payable by RSAIG on a subordinated basis. In the event of a


143

winding up of RSAI, the claims of the Bondholders will be subordinated in the manner provided in the Trust Deed to the claims of all senior creditors of RSAI. RSAIG has issued £400m 5.125% Fixed Rate Reset Guaranteed Step-up Notes due 10 October 2045. Under a Trust Deed dated 10 October 2014, RSAI irrevocably guaranteed the due and punctual payment of all principal, interest and other sums payable by RSAIG on a subordinated basis. In the event of a winding up of RSAI, the claims of the Bondholders will be subordinated in the manner provided in the Trust Deed to the claims of all senior creditors of RSAI. There is a syndicated £500m credit facility entered into between RSAIG, Royal Insurance Holdings plc and RSAI and 11 banks. RSAI irrevocably and unconditionally guarantees the obligations of RSAIG and RIH pursuant to the facility. RSAIG also guarantees the obligations of the other borrowers (including RSAI and RIH) pursuant to the facility. RIH also guarantees the obligations of the other borrowers (including RSAIG and RSAI) pursuant to the facility. £0M has been drawn down under this facility at 31 December 2015. RSAIG has issued £375m 6.701% Perpetual Guaranteed Subordinated Capital Securities. Under a Trust Deed dated 12th May 2006, RSAI irrevocably guaranteed the due and punctual payment of all principal, coupon payments, deferred interest and other sums and all monies payable by the issuer. In the event of the winding up of RSAI, the claims of the holders will be subordinated in right of payment, in the manner provided in the Trust Deed, to the claims of all other creditors (including all policyholders) of RSAI. In respect of these guarantees, in this return no provision has been made on Form 15 and no contingent liability has been disclosed in (c) above.

e) Uncertainties and contingencies The uncertainty arising under insurance contracts may be characterised under a number of specific headings, such as:

uncertainty as to whether an event has occurred which would give rise to a policyholder suffering an insured loss;

uncertainty as to the extent of policy coverage and limits applicable;

uncertainty as to the amount of insured loss suffered by a policyholder as a result of the event occurring; and

uncertainty over the timing of a settlement to a policyholder for a loss suffered. The degree of uncertainty will vary by policy class according to the characteristics of the insured risks and the cost of a claim will be determined by the actual loss suffered by the policyholder. There may be significant reporting lags between the occurrence of the insured event and the time it is actually reported to the Group. Following the identification and notification of an insured loss, there may still be uncertainty as to the magnitude and timing of the settlement of the claim. There are many factors that will determine the level of uncertainty such as inflation, inconsistent judicial interpretations and court judgments that broaden policy coverage beyond the intent of the original insurance, legislative changes and claims handling procedures. The establishment of claims outstanding is an inherently uncertain process and, as a consequence of this uncertainty, the eventual cost of settlement of outstanding claims and unexpired risks can vary substantially from the initial estimates, particularly for the Group’s long tail lines of business. The Group seeks to provide appropriate levels of provisions for losses and loss adjustment expenses and provision for unexpired risks taking the known facts and experience into account. The Group has exposures to risks in each class of business within each operating segment that may develop and that could have a material impact upon the Group’s financial position. The geographic and insurance risk diversity within the Group’s portfolio of issued insurance policies make it not possible to predict whether material development will occur and, if it does occur, the location and the


144

timing of such an occurrence. The estimation of claims outstanding involves the use of judgments and assumptions that are specific to the insurance risks within each territory and the particular type of insurance risk covered. The diversity of the insurance risks results in it not being possible to identify individual judgments and assumptions that are more likely than others to have a material impact on the future development of the claims outstanding. The sections below identify a number of specific risks relating to asbestos and environmental claims. There may be other classes of risk which could develop in the future and that could have a material impact on the Group’s financial position. The Group evaluates the concentration of exposures to individual and cumulative insurance risk and establishes its reinsurance policy to manage such exposure to levels acceptable to the Group.

Asbestos and environmental claims The estimation of the provisions for the ultimate cost of claims for asbestos and environmental pollution is subject to a range of uncertainties that is generally greater than those encountered for other classes of insurance business. As a result it is not possible to determine the future development of asbestos and environmental claims with the same degree of reliability as with other types of claims, particularly in periods when theories of law are in flux. Consequently, traditional techniques for estimating provisions for losses and loss adjustment expenses cannot wholly be relied upon and the Group employs specialised techniques to determine provisions using the extensive knowledge of both internal asbestos and environmental pollution experts and external legal and professional advisors.

Factors contributing to this higher degree of uncertainty include:

the long delay in reporting claims from the date of exposure (for example, cases of mesothelioma can have a latent period of up to 40 years). This makes estimating the ultimate number of claims the Group will receive particularly difficult;

issues of allocation of responsibility among potentially responsible parties and insurers;

emerging court decisions and the possibility of retrospective legislative changes increasing or decreasing insurer liability;

the tendency for social trends and factors to influence court awards;

developments pertaining to the Group’s ability to recover reinsurance for claims of this nature; and

for US liabilities from the Group’s London market business, developments in the tactics of US plaintiff lawyers and court decisions and awards.

Potential change in discount rate for lump sum damages awards

Legislative changes may affect the Group’s liability in respect of unsettled claims in the use of predetermined factors used by courts to calculate compensation claims. For example, in the UK, standard formulae are used as an actuarial measure by the courts to assess lump sum damages awards for future losses (typically loss of earnings arising from personal injuries and fatal accidents). The calibration of these standard formulae can be updated by the UK Government and the Lord Chancellor is currently reviewing the discount rate to calculate the appropriate settlements. A reduction in the prescribed discount rate would increase the value of future claims settlements.

Acquisitions and disposals The Group makes acquisitions and disposals of businesses as part of its normal operations. All acquisitions are made after due diligence, which will include, amongst other matters, assessment of the adequacy of claims reserves, assessment of the recoverability of reinsurance balances, inquiries with regard to outstanding litigation and inquiries of local regulators and taxation authorities. Consideration is also given to potential costs, risks and issues in relation to the integration of any proposed acquisitions with existing RSA operations. The Group will seek to receive the benefit of


145

appropriate contractual representations and warranties in connection with any acquisition and, where necessary, additional indemnifications in relation to specific risks although there can be no guarantee that these processes and any such protection will be adequate in all circumstances. The Group may also provide relevant representations, warranties and indemnities to counterparties on any disposal. While such representations, warranties and indemnities are essential components of many contractual relationships, they do not represent the underlying purpose for the transaction. These clauses are customary in such contracts and may from time to time lead to us receiving claims from counterparties.

Contracts with third parties The Group enters into joint ventures, outsourcing contracts and distribution arrangements with third parties in the normal course of its business and is reliant upon those third parties being willing and able to perform their obligations in accordance with the terms and conditions of the contracts.

Litigation, disputes and investigations The Group, in common with the insurance industry in general, is subject to litigation, mediation and arbitration, and regulatory, governmental and other sectoral inquiries and investigations in the normal course of its business. In addition the Company is exposed to the risk of litigation in connection with its former ownership of the US operation. The directors do not believe that any current mediation, arbitration, regulatory, governmental or sectoral inquiries and investigations and pending or threatened litigation or dispute will have a material adverse effect on the Group’s financial position, although there can be no assurance that losses or financial penalties resulting from any current mediation, arbitration, regulatory, governmental or sectoral inquiries and investigations and pending or threatened litigation or dispute will not materially affect the Group’s financial position or cash flows for any period. Reinsurance The Group is exposed to disputes on, and defects in, contracts with its reinsurers and the possibility of default by its reinsurers. The Group is also exposed to the credit risk assumed in fronting arrangements and to potential reinsurance capacity constraints. In selecting the reinsurers with whom the Group conducts business its strategy is to seek reinsurers with the appropriate combination of financial strength, price and capacity. The Group Corporate Centre publishes internally a list of authorised reinsurers who pass the Group’s selection process and which its operations may use for new transactions. The Group monitors the financial strength of its reinsurers, including those to whom risks are no longer ceded. Allowance is made in the financial position for non recoverability due to reinsurer default by requiring operations to provide, in line with Group standards, having regard to companies on the Group’s ‘Watch List’. The ‘Watch List’ is the list of companies whom the Group’s directors believe will not be able to pay amounts due in full. Investment risk The Group is exposed to market risk and credit risk on its invested assets. Market risk includes the risk of potential losses from adverse movements in market rates and prices including interest rates, equity prices, property prices and foreign currency exchange rates. The Group’s exposure to market risks is controlled by the setting of investment limits in line with the RSA Insurance Group’s risk appetite. From time to time the Group also makes use of derivative financial instruments to reduce exposure to adverse fluctuations in foreign exchange rates and equity markets. The Group has strict controls over the use of derivative instruments.


146

Credit risk includes the non performance of contractual payment obligations on invested assets and adverse changes in the credit worthiness of invested assets including exposures to issuers or counterparties for bonds, equities, deposits and derivatives. Limits are set at both a portfolio and counterparty level based on likelihood of default to manage the RSA Insurance Group’s overall credit profile and specific concentrations within risk appetite. The Group’s insurance investment portfolios are concentrated in listed securities with very low levels of exposure to assets without quoted market prices. The Group uses model based analysis to verify asset values when market values are not readily available.

Rating environment The ability of the Company to write certain types of insurance business is dependent on the maintenance of the appropriate credit ratings from the rating agencies. The RSA Insurance Group has the objective of maintaining single ‘A’ ratings. At the present time the ratings are ‘A’ (stable outlook) from S&P and ‘A2’ (stable) from Moody’s. A worsening in the ratings, below objective, could have an adverse impact on the ability of the Company to write certain types of general insurance business.

In assessing credit risk in relation to reinsurance and investments, the RSA Insurance Group takes into account a variety of factors, including credit rating. If any such rating changes, or is otherwise reassessed, this has potential implications for the related exposures. Foreign exchange risk The Group publishes financial statements in Pounds Sterling. Therefore, fluctuations in exchange rates used to translate other currencies, particularly other European currencies and the Canadian dollar, into Pounds Sterling will impact the reported financial condition, results of operations and cash flows from period to period. These fluctuations in exchange rates will also impact the Pound Sterling value of and the return on the Group’s investments.

Income and expenses for each profit & loss account item are translated at average exchange rates. Assets and liabilities, as reported in the balance sheet, are translated at the closing exchange rates at the end of the reporting period.

Regulatory environment

The legal, regulatory and accounting environment is subject to significant change in many of the jurisdictions in which the Group operates, including developments in response to changes in the economic and political environment. The Group continues to monitor the developments and react accordingly.

The Solvency II directive introduces a requirement for undertakings to conduct an ORSA. In anticipation of this requirement, the Group has updated its risk and capital management processes. The Group defines its ORSA as a series of inter-related activities by which it establishes:

- The quantity and quality of the risks which it seeks to assume - The level of capital required to support those risks - The actions it will take to achieve and maintain the desired levels of risk and capital.

The assessments of how much risk to assume and how much capital to hold are inextricably linked. In some situations, it may be desirable to increase the amount of risk assumed or retained in order to make the most efficient use of capital available or else to return excess capital to capital providers. In other situations, where the risk assumed give rise to a capital requirement that is greater than the capital immediately available to support those risks, it will be necessary either to reduce the risk assumed or to obtain additional capital.


147

The assessment of risk and solvency needs is in principle carried out continuously. In practice, the assessment consists of a range of specific activities and decisions carried out at different times of the year as part of an annual cycle, supplemented as necessary by ad hoc assessments of the impact of external events and developments and of internal business proposals. Papers are presented to the Board throughout the year dealing with individual elements that make up the ORSA. The information contained in those papers and the associated decisions taken are summarised in an annual ORSA report.

*1507* Details of other adjustments to liabilities The amount included in Form 15 line 83 represents the restriction of pension liabilities.

*1601* Basis of conversion of foreign currency Foreign currency revenues are translated into Pound Sterling using the cumulative average rate for the financial year. Adjustments have been made to the general business technical reserves arising from translation from year end rates.

*1602* Restatement of amounts arising from currency conversion

Some of the brought forward amounts shown in Forms 11,12, 21 to 24, 28, 31, 32 and 34 have been restated from the corresponding carried forward amounts included in the previous year’s return due to the conversion of foreign currency amounts at different rates of exchange.

*1603* Other income and charges

Other income and charges shown on Form 16, Line 21 are made up as follows:

2015 2014

£'000 £'000

Actuarial gains 24,715 97,235

Foreign exchange (losses)/gains (33,563) 11,286

Unallocated central expenses (29,123) (76,927)

Associates result (60) 3,003

Amortisation of intangible assets and goodwill - (1,731)

Reorganisation costs (91,076) (45,068)

Other 2,969 (8,859)

Total (126,138) (21,061)

*1701* Variation margin

There has been no excess variation margin received due to market movements that has subsequently been partly or wholly reversed. There is no excess variation margin included in Form 13.

*1702* Quasi derivatives Quasi derivatives assets and liabilities are in aggregate below the respective 2.5% aggregate values

of assets and liabilities.


148

*20Aa* Details of contracts which fall within more than one risk category (£’000)

Category Description GWP OCR IBNR UPR

114 Personal accident or sickness 250 115 - 105

160 Household and domestic all risks 2,626 243 - 1,545

184 Legal expenses 164 85 - 65

221 Fleets 57 3,939 - 23

222 Commercial vehicles (non fleet) 18 357 - 2

261 Commercial property 289,143 127,282 8,290 140,943

262 Consequential loss 51,458 58,706 2,010 19,470

263 Contractors or engineering all risks 36,802 36,201 10,087 26,788

271 Employers liability 70,101 194,129 29,755 33,540

272 Professional indemnity 188 499 - 81

273 Public and products liability 92,032 216,340 30,200 44,587

The businesses which are allocated to more than one risk category are combined contracts where the risk falls across a number of risk categories as shown above. The method of allocation has been based on either, an allocation of case estimates or using policy section types. The reasoning for the allocation decision is that the business covers multiple risks that are not rated on a single package basis.

*20Ab* Risks of Death or Injury to Passengers

Contracts of insurance against risks of death of, or injury to, passengers have been allocated to the risk categories of private motor comprehensive, private motor non-comprehensive, motor cycle, fleets, commercial vehicles and yacht.

*20Ac* Miscellaneous and Other Motor

No business has been allocated to category numbers 223, 400 or 700. Risk category 187 includes contracts of insurance against risk of loss to the person insured attributable to loss or breakdown of a personal item that attach to the purchase of that item.

*20Ad* Claims made policies

The following amounts were reported in Form 20A in respect of claims-made policies.

Category Description GWP OCR IBNR UPR

272 Professional indemnity 88,853 151,018 128,166 46,040

There were no amounts reported for category 272 in Form 20A that arose from non-claims made policies.

*20Ae* Total facultative business reported under category 002 (£’000)

GWP OCR IBNR UPR

26,954 19,934 2,212 11,451


149

*20Af* Amounts reported under Travel, Mixed commercial package and Energy (£’000)

Travel

Annex 11.2 ii class GWP OCR IBNR UPR

Assistance (1,034) - - -

Mixed Commercial Packages


Fire and other damage to property 45,078 9,967 1,291 25,138

Liability 5,233 19,860 2,639 2,941

Accident & Health 64 49 7 36

Other/Miscellaneous 150 177 23 84

Energy


Fire and other damage to property - 848 - -

Liability - 14,743 383 -

*20Ag* Gross Written Premium for UK and overseas businesses (£’000)

Category number

PRA return general insurance business reporting category

Overseas Home

Foreign UK

Other Total

111 Medical insurance (276) - - (276)

112 HealthCare cash plans (787) - - (787)

113 Travel (1,556) - 522 (1,034)

114 Personal Accident or sickness (5,283) - 40,261 34,978

121 Private motor - comprehensive (18,942) - 240,450 221,508

122

Private motor - non-comprehensive

(15,176) -

2,990 (12,186)

123 Motor cycle (2,168) - - (2,168)

160 Household and domestic all risks (10,445) - 657,872 647,427

181 Assistance - - 18,273 18,273

184 Legal Expenses - - 12,645 12,645

186 Pet Insurance (71) - 277,669 277,598

187 Other personal financial loss (34) - 12,499 12,465

221 Fleets 2,687 339 580,592 583,618


150

Category number


Overseas Home

Foreign UK

Other Total

222 Commercial vehicles (non-fleet) (6,895) 108 89,270 82,483

261 Commercial property 46,642 76,951 310,884 434,477

262 Consequential loss (1,058) 38,658 36,274 73,874

263

Contractors or engineering all risks

66,953 42,306 84,079 193,338

271 Employers liability (6,509) 1,994 68,141 63,626

272 Professional indemnity (1,703) - 90,556 88,853

273 Public and products liability 14,757 19,029 84,871 118,657

274 Mixed commercial package 559 - 49,966 50,525

281 Fidelity and contract guarantee (132) - 9,960 9,828

283 Suretyship (4,648) - 1,737 (2,911)

341 Marine liability (229) - 38,748 38,519

342 Marine hull (2,834) - 95,326 92,492

345 Freight demurrage and defence (427) - - (427)

346 War risks - - 12,457 12,457

347 Yacht (64) - 9,961 9,897

350


(1,186) - 176,204 175,018

510

Non-proportional accident and health

1,284 - - 1,284

520 Non-proportional Motor 94,788 - - 94,788

540 Non-proportional marine 6,903 - - 6,903

550 Non-proportional transport 82 - - 82

560 Non-proportional property 60,177 - - 60,177

570

Non-proportional liability (non-motor)

90,568 - - 90,568

580 Non-proportional financial lines 220 - - 220

610 Proportional accident and health 5,562 - - 5,562

620 Proportional motor 106,316 - - 106,316

640 Proportional marine 3,281 - - 3,281


151

Category number


Overseas Home

Foreign UK

Other Total

650 Proportional transport 946 - - 946

660 Proportional property 121,301 - - 121,301

670 Proportional liability (non-motor) 19,055 - - 19,055

680 Proportional financial lines 7,187 - - 7,187

Risk categories not listed in the above are wholly attributable to the UK.

For each risk category (excluding 510 to 590, 610 to 690 and 700 as appropriate), the following countries account for the overseas business:

Category number


Countries

111 Medical insurance Hong Kong, Singapore

112 HealthCare cash plans Italy, Singapore

113 Travel Hong Kong, Singapore

114 Personal accident or sickness Hong Kong, Italy, Ireland, Singapore

121 Private motor- comprehensive Hong Kong, Italy, Singapore

122 Private motor- non-

comprehensive Italy

123 Motor cycle Italy

160 Household and domestic all risks (equals line 6)

Hong Kong, Italy, Singapore

186 Pet Insurance Hong Kong

187 Other personal financial loss Singapore

221 Fleets Hong Kong, Ireland, Italy

222 Commercial vehicles (non-fleet) Hong Kong, Italy, Singapore

261 Commercial property Belgium, Dubai, France, Germany, Greece, Hong Kong, Ireland, Italy, Labuan, Singapore, Netherlands, Spain

262 Consequential loss Hong Kong, Italy, Singapore

263 Contractors or engineering all risks

Belgium, Dubai, France, Germany, Hong Kong, Ireland, Italy, Labuan, Netherlands, Singapore, Spain

271 Employers liability Hong Kong, Ireland, Singapore

272 Professional Indemnity Hong Kong, Labuan, Singapore

273 Public and products liability Belgium, Dubai, France, Germany, Greece, Hong Kong, Ireland, Italy, Labuan, Netherlands, Singapore, Spain

274 Mixed commercial package Dubai, Singapore

281 Fidelity and contract guarantee Hong Kong


152

Category number


Countries

283 Suretyship Italy

341 Marine liability Singapore

342 Marine Hull Belgium, France, Germany, Hong Kong, Labuan, Netherlands, Singapore, Spain

345 Freight demurrage and defence Dubai, Labuan, Singapore

347 Yacht Hong Kong, Singapore

350 Total primary (direct) and facultative goods in transit (equals line 14)

Belgium, France, Germany, Greece, Hong Kong, Ireland, Italy, Netherlands, Spain

*20Al* Differences in gross unearned premium at the end of the financial year

There are differences in the total provision for gross unearned premium at the end of the financial year represented in Form 20A and Form 15. This has arisen due to foreign currency revenue items being translated into sterling using the cumulative average rate for the financial year and foreign currency balance sheet items being translated using year end rates.

*20Am* Gross unearned premiums

The entries included in column 4 of Form 20A represent gross unearned premiums

*2005* Other technical income or charges

The amount shown for the other technical income and charges relates to Engineering Inspection income which is ancillary to the provision of Engineering insurance cover, and Risk Consultancy service income.

*2007* Material connected-party transactions A number of reinsurance contracts are in place between the companies listed on page 160. No

individual contract is material and all are entered into on an “arms length” basis. RSAI has contracts with other RSA Insurance Group Companies for which movements during the year represent the claims run off experience.

*2102* Basis of calculation of provision for unearned premiums The provision for unearned premiums represents the proportion of the premiums written relating to

periods of insurance subsequent to the balance sheet date, calculated principally on a daily pro-rata basis. Both time apportionment and risk apportionment bases are used, the method depending on the fluctuation of the incidence of risk.

*2103* Provision for unearned premium The provision for unearned premium, both gross and net, reported on lines 12 to 16 do not agree to

balances reported in Forms 13 and 15 as a result of these balances being translated into sterling using the cumulative average rate when Forms 13 and 15 are translated using year end rates.


153

*2202* Basis for determining claims management expenses Claims management expenses comprise the direct costs of managing and settling claims plus an

attribution of indirect costs associated with the claims function. The provision for claims management costs carried forward represents the expected cost of managing

outstanding claims from the balance sheet date until final settlement. This provision is based on attributable expenses for the year and the number of claims outstanding. Investment income is not included in the calculation of claims management costs carried forward.

*2204* Basis for determining acquisition expenses Acquisition costs comprise all the direct costs of acquiring and retaining business plus an attribution of

indirect costs associated with the underwriting, sales and customer services functions. Deferred acquisition costs are determined by applying average qualifying acquisition costs to the

unearned element of premiums. *2302* Modification to Form 23 requirements The FSA, now the PRA and FCA on application of the firms listed on page 160, issued a direction in

December 2013, under section 148 of the Act. The effect of the direction is that the amounts referred to in IPRU (INS) appendix 9.2 Paragraph 3(3) are expressed in sterling as if the conversion had taken place at the closing middle rate or the cumulative average rate pertaining to the financial year in which the amounts were transacted.

*2402* Underwriting year accounting Aviation, marine and marine transport business written in the UK up to and including 2012

underwriting year and the majority of treaty reinsurance business are reported on an underwriting year basis as this is how the underlying records and statistics for that business are maintained. From the 2013 underwriting year Marine and marine transport business written in the UK, marine and transport business written by overseas branches, non-marine transport business written in the UK and certain reinsurance treaty business are reported on an accident year basis in order to reflect the basis of which their underlying records and statistics are maintained.

Claims provisions for business reported on an underwriting year basis are determined using the

annual method. *2404* Basis for determining claims management expenses Claims management expenses comprise the direct costs of managing and settling claims plus an

attribution of indirect costs associated with the claims function. The provision for claims management costs carried forward represents the expected cost of managing

outstanding claims from the balance sheet date until final settlement. This provision is based on attributable expenses for the year and the number of claims outstanding.

Investment income is not included in the calculation of claims management costs carried forward. No claims management costs are being carried on Form 25 as the claims process is handled by other

Group operations from where the business has been derived.


154

*2406* Basis for determining acquisition expenses Acquisition costs comprise all the direct costs of acquiring and retaining business plus an attribution of

indirect costs associated with the underwriting, sales and customer services functions. Deferred acquisition costs are determined by applying average acquisition costs to the unearned

element of premiums. *2501* Basis of calculation of provision for unearned premiums The provision for unearned premiums represents the proportion of the premiums written relating to

periods of insurance subsequent to the balance sheet date, calculated principally on a daily pro-rata basis. Both time apportionment and risk apportionment bases are used, the method depending on the fluctuation of the incidence of risk.

*3001* Methods and assumptions used in determining the yield

Yield is determined for securities with a redemption value as the rate of interest which, when used to obtain a present value of expected future an income or capital payment gives the current asset value. For all other assets yield is calculated as the ratio of the income to value.

*3002* Income payments in default No income payments are in default from assets included in column 2 of Form 30. *3003* Risk categories where an adjustment for discounting has been made

Risk Category Where discounting has been applied

Rate of interest used for calculation of present values

Expected average interval for claims settlement at the end of the financial year

Aviation Liability 4% 9

Public and product Liability 4% 4

Employers Liability 4% 12

Marine Liability 4% 6

The deduction for discounting has been determined using an actuarial projection of the claims settlement discounted back to determine a present value. The pattern of claims cash flows from notification to settlement together with claims notification data used to estimate the emergence of new claims are used to estimate the expected average interval for claims settlement.


155

Reconciliation of total capital resources after deductions (Form 3 line 79)

£'000

Aggregate of individual UK insurers 3,368,470

Add back counterparty exposure restrictions in individual UK insurers 264,432

Elimination of RSAI plc investment in other UK insurers (86,313)

Counterparty exposure restrictions on consolidated basis (260,123)

Deferred tax offset (25,341)

Consolidated capital resources after deductions 3,261,125

Reconciliation of outstanding claims and gross premiums

Company Internal Group

Total Reinsurance Return

£'000 £'000 £'000

Gross Premiums Written Form 11 4,149,337 (244,098) 3,905,239

Gross Premiums Earned Form 11 4,160,315 (302,283) 3,858,032

Claims Paid in Reference Period Forms 11 and 12 7,961,569 (457,818) 7,503,751

Gross Outstanding Claims Forms 11 and 12 5,241,189 (289,602) 4,951,587

158

Returns under the Accounts and Statements Rules

Statement of additional Information on Derivative Contracts required by Rule 9.29 of the Interim Prudential Sourcebook for Insurers Name of Insurer Royal & Sun Alliance Insurance plc Global business Financial year ended 31 December 2015

a) The company has investment guidelines which indicate that derivative contracts are used primarily for the purpose of efficient portfolio management or reduction of investment risks which specify the types of derivative contracts which may be used and indicate the processes to be used in selecting and managing derivative contracts. The guidelines also require regular monitoring and reporting of open positions.

b) The guidelines operated by the company for the use of derivative contracts do not include any

provisions for the use of contracts under which the company has a right or obligation to acquire or dispose of assets which was not, at the time the contract was entered into, reasonably likely to be exercised.

c) The company was not a party to any such contracts of the kind described in b) at any time during

the financial year. d) All derivative assets held during the relevant financial year are admissible. e) The company received £nil during the year in return for granting rights under derivative and quasi-

derivative contracts. The contracts under which such rights were granted related to the sale of equity index options as part of a strategy to limit exposure to the risk of changes in equity market levels.

159

Returns under the Accounts and Statements Rules

Royal & Sun Alliance Insurance plc and UK Subsidiaries Statement of Additional Information on Controllers required by Rule 9.30 of the Interim Prudential Sourcebook for Insurers Royal Insurance Holdings plc and RSA Insurance Group plc (formerly known as Royal & Sun Alliance Insurance Group plc) were, in order of parentage, the only shareholder controllers of Royal & Sun Alliance Insurance plc (the ‘Company’) during the year ended 31 December 2015. At 31 December 2015 and during the preceding year Royal Insurance Holdings plc held all of the voting power of the Company. The companies listed on page 160 of this return are either wholly owned subsidiaries of the Company or of the Company’s subsidiaries: a) Subsidiaries of Royal & Sun Alliance Insurance plc

Royal & Sun Alliance Reinsurance Limited The Marine Insurance Company Limited

b) Subsidiaries of Sun Alliance Insurance Overseas Limited (a subsidiary of Royal & Sun Alliance

Insurance plc)

Sun Insurance Office Limited

160

Royal & Sun Alliance Insurance plc and UK Subsidiaries Subsidiaries included in this return Royal & Sun Alliance Reinsurance Limited Sun Insurance Office Limited The Marine Insurance Company Limited

Note: "Modification to the Return:

This return has been prepared in accordance with the Accounts and Statements Rules, as modified by a direction made by the “FSA, now the PRA and FCA” in January 2013 under section 148 of the Act. The effect of the direction is to enable Royal & Sun Alliance Insurance plc (RSAI) to provide a group return in respect of the companies listed above, such companies being required to maintain appropriate reinsurance arrangements and deeds of indemnity (as referred to in Conditions (1) and (2) in the direction) with RSAI."

Returns under the Accounts and Statements Rules Form 1

Statement of Solvency – general insurance business

Global Business

Financial year ended 31 December 2015 UK Subsidiaries of Royal & Sun Alliance Insurance plc £'000

Capital resources

Capital resources arising outside the long-term

insurance fund11 3286071 39009 - 43390

Capital resources allocated towards long-term

insurance business arising outside the long-term

insurance fund

12 - - - -

Capital resources available to cover general

insurance business capital resources requirement

(11-12)

13 3286071 39009 - 43390

Guarantee Fund

Guarantee fund requirement 21 947221 8069 - 2657

Excess (deficiency) of available capital resources to

cover guarantee fund requirement22 1779533 30940 - 40733

Minimum capital requirement (MCR)

General insurance capital requirement 31 580049 24208 - 2293

Base capital resources requirement 33 2657 2657 - 2657

Individual minimum capital requirement 34 580049 24208 - 2657

Capital requirements of regulated related

undertakings35 753871 - - -

Minimum capital requirement (34+35) 36 1333920 24208 - 2657


cover 50% of MCR37 1855414 26905 - 42061


cover 75% of MCR38 1521934 20853 - 41397

Capital resources requirement (CRR)

Capital resources requirement 41 1333920 24208 - 2657


cover general insurance business CRR (13-41)42 1952151 14801 - 40733

Contingent Liabilities

Quantifiable contingent liabilities in respect of other

than long-term insurance business as shown in a

supplementary note on Form 15

51 - - - -

The Marine

Insurance Co

Ltd

Royal & Sun

Alliance

Insurance plc

Royal & Sun

Alliance

Reinsurance

Ltd

Sun Insurance

Office Ltd

161



Global Business


Total as at the

end of this

financial year

Total as at the

end of the

previous year

Total as at the

end of this

financial year

Total as at the

end of the

previous year


Permanent share capital 11 1126692 1126692 70000 70000

Profit and loss account and other reserves 12 199395 112967 15408 14046

Share premium account 13 2337444 2642444 - -

Positive valuation differences 14 - - - -

Fund for future appropriations 15 - - - -

Core tier one capital in related undertakings 16 - - - -

Core tier one capital (Sum of 11 to 16) 19 3663531 3882103 85408 84046

Tier one waivers

Unpaid share capital / unpaid initial funds and calls for

supplementary contributions21

- - - -

Implicit items 22 - - - -

Tier one waivers in related undertakings 23 - - - -

Total tier one waivers as restricted (21+22+23) 24 - - - -


Perpetual non-cumulative preference shares as

restricted25

- - - -

Perpetual non-cumulative preference shares in related

undertakings26

- - - -

Innovative tier one capital as restricted 27 374721 77721 - -

Innovative tier one capital in related undertakings 28 - - - -


(19+24+25+26+27+28)31 4038252 3959824 85408 84046

Investments in own shares 32 - - - -

Intangible assets 33 123394 25164 - -

Amounts deducted from technical provisions for

discounting34 336005 346888 -

-

Other negative valuation differences 35 121903 90216 - -

Deductions in related undertakings 36 559855 640654 - -

Deductions from tier one (32 to 36) 37 1141157 1102922 - -

Total tier one capital after deductions (31-37) 39 2897095 2856902 85408 84046


Insurance plc


Reinsurance Ltd

162



Global Business


Total as at the

end of this

financial year

Total as at the

end of the

previous year

Total as at the

end of this

financial year

Total as at the

end of the

previous year


Permanent share capital 11 - 48836 16312 16312

Profit and loss account and other reserves 12 - 25558 21145 20042

Share premium account 13 - - 6022 6022

Positive valuation differences 14 - - - -

Fund for future appropriations 15 - - - -

Core tier one capital in related undertakings 16 - - - -

Core tier one capital (Sum of 11 to 16) 19 - 74394 43479 42376

Tier one waivers

Unpaid share capital / unpaid initial funds and calls

for supplementary contributions21

- - - -


Tier one waivers in related undertakings 23 - - - -

Total tier one waivers as restricted (21+22+23) 24 - - - -


Perpetual non-cumulative preference shares as

restricted25

- - - -

Perpetual non-cumulative preference shares in

related undertakings26

- - - -

Innovative tier one capital as restricted 27 - - - -

Innovative tier one capital in related undertakings 28 - - - -


(19+24+25+26+27+28)31 - 74394 43479 42376

Investments in own shares 32 - - - -

Intangible assets 33 - 2053 - -

Amounts deducted from technical provisions for

discounting34 -

- -

-

Other negative valuation differences 35 - - - -

Deductions in related undertakings 36 - - - -

Deductions from tier one (32 to 36) 37 - 2053 - -

Total tier one capital after deductions (31-37) 39 - 72341 43479 42376

Sun Insurance Office Ltd The Marine Insurance Co Ltd

163

Returns under the Accounts and Statements Rules Form 3 (sheet 2)


Global Business


Total as at the

end of this

financial year

Total as at the

end of the

previous year

Total as at the

end of this

financial year

Total as at the

end of the

previous year

Tier two capital

Implicit items, (tier two waivers and amounts excluded from

line 22) 41

- - - -

Perpetual non-cumulative preference shares excluded from

line 25 42

- - - -

Innovative tier one capital excluded from line 27 43 - - - -

Tier two waivers, innovative tier one capital and perpetual

non-cumulative preference shares treated as tier two capital

(41 to 43)

44

- - - -

Perpetual cumulative preference shares 45 - - - -

Perpetual subordinated debt and securities 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 900000 892000 - -

Lower tier two capital in related undertakings 53 - - - -

Lower tier two capital (51+52+53) 59 900000 892000 - -

Total tier two capital before restrictions (49+59) 61 900000 892000 - -

Excess tier two capital 62 - - - -

Further excess lower tier two capital 63 - - - -

Total tier two capital after restrictions, before deductions

(61-62-63) 69 900000 892000 - -


Insurance plc


Reinsurance Ltd

164



Global Business


Total as at the

end of this

financial year

Total as at the

end of the

previous year

Total as at the

end of this

financial year

Total as at the

end of the

previous year

Tier two capital

Implicit items, (tier two waivers and amounts excluded

from line 22) 41

- - - -

Perpetual non-cumulative preference shares excluded

from line 25 42

- - - -

Innovative tier one capital excluded from line 27 43 - - - -

Tier two waivers, innovative tier one capital and perpetual

non-cumulative preference shares treated as tier two

capital (41 to 43)

44

- - - -

Perpetual cumulative preference shares 45 - - - -

Perpetual subordinated debt and securities 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 63 - - - -

Total tier two capital after restrictions, before

deductions (61-62-63) 69 - - - -


165



Global Business


Total as at the

end of this

financial year

Total as at the

end of the

previous year

Total as at the

end of this

financial year

Total as at the

end of the

previous year


Positive adjustments for regulated non-insurance

related undertakings71 - - - -


(39+69+71)72 3797095 3748902 85408 84046

Inadmissible assets other than intangibles and own

shares73 250506 329950 1986 1387

Assets in excess of market risk and counterparty

limits74 260518 142061 44413 42611

Deductions for related ancilliary services

undertakings75 - - - -

Deductions for regulated non-insurance related


Deductions of ineligible surplus capital 77 - - - -


(72-73-74-75-76-77)79 3286071 3276891 39009 40048


Available capital resources for guarantee fund

requirement81 2726754 2699555 39009 40048

Available capital resources for 50% MCR

requirement82 2522374 2779181 39009 40048


requirement83 2522374 2779181 39009 40048



Financial reinsurance - ceded 92 - - - -

Financial reinsurance - accepted 93 - - - -

Outstanding contingent loans 94 - - - -

Any other charges on future profits 95 - - - -


(91+92-93+94+95)96 - - - -


Insurance plc


Reinsurance Ltd

166



Global Business


Total as at the

end of this

financial year

Total as at the

end of the

previous year

Total as at the

end of this

financial year

Total as at the

end of the

previous year


Positive adjustments for regulated non-insurance

related undertakings71 - - - -


(39+69+71)72 - 72341 43479 42376

Inadmissible assets other than intangibles and own

shares73 - 12475 89 42

Assets in excess of market risk and counterparty

limits74 - - - -

Deductions for related ancilliary services


Deductions for regulated non-insurance related


Deductions of ineligible surplus capital 77 - - - -


(72-73-74-75-76-77)79 - 59866 43390 42334


Available capital resources for guarantee fund

requirement81 - 59866 43390 42334


requirement82 - 59866 43390 42334


requirement83 - 59866 43390 42334



Financial reinsurance - ceded 92 - - - -

Financial reinsurance - accepted 93 - - - -

Outstanding contingent loans 94 - - - -

Any other charges on future profits 95 - - - -


(91+92-93+94+95)96 - - - -


167



Global Business


11 3889193 237705

12 - -

13 3889193 237705

14 461985 27300

15 - -

16 4120186 251355

21 3860355 281379

22 - -

23 3860355 281379

24 489865 31430

25 - -

26 4105288 297094

30 4120186 297094

31 4120186 297094

X 0.18 32 741633 53477

Excess (If Any) Over 61.3M Euro X

0.02 33 81523 5061

34 660110 48416

41 7406992 469128


on an underwriting year basis. 42 312478 17193


on an accident year basis. 43 4567665 254162


on an underwriting year basis. 44 1022950 28316


on an accident year basis. 45 3841007 333284

46 7423178 378883

47 926779 378883

48 6496399 -

49 0.88 0.50

50 577696 24208

51 4092226 -

52 607445 271355

53 580049 21669

54 580049 24208





Provision for claims outstanding (before discounting and gross of reinsurance) if both 51.1 and

51.2 are zero, otherwise zero

Provision for claims outstanding (before discounting and net of reinsurance)

Division of gross adjusted premiums amount sub-total I


Sub-total J (32-33)

Claims outstanding carried forward at the end of the 3

year period.

Claims outstanding brought forward at the beginning of

the 3 year period.

Sub-total A (13 + 1/2 14 - 2/3 15)





Royal & Sun

Alliance

Reinsurance Ltd





Royal & Sun

Alliance

Insurance plc



Sub-total H (23 + 1/2 24 - 2/3 25)


Reinsurance Ratio (Sub-total D /sub-total C or, if more, 0.50 or, if less, 1.00)

Sub-total C (41+42+43-44-45)

Sub-total D (46-47)


in Sub-total C

Adjusted sub-total I if financial year is not a 12 month period to produce

an annual figure

168



Global Business


11 - 22439

12 - -

13 - 22439

14 - 35

15 - -

16 - 22457

21 - 18581

22 - -

23 - 18581

24 - 23

25 - -

26 - 18593

30 - 22457

31 - 22457

X 0.18 32 - 4042

Excess (If Any) Over 61.3M Euro X

0.02 33 - -

34 - 4042

41 - 85449


on an underwriting year basis. 42 - 80950


on an accident year basis. 43 - 8741


on an underwriting year basis. 44 - 289089


on an accident year basis. 45 - 2112

46 - (116061)

47 - (91133)

48 - (24928)

49 - 0.50

50 - 2021

51 - 27

52 - -

53 - 2293

54 - 2293


Provision for claims outstanding (before discounting and gross of reinsurance) if both 51.1 and

51.2 are zero, otherwise zero



Provision for claims outstanding (before discounting and net of reinsurance)

Reinsurance Ratio (Sub-total D /sub-total C or, if more, 0.50 or, if less, 1.00)


Claims outstanding carried forward at the end of the 3

year period.


in Sub-total C

Sub-total D (46-47)

Sub-total C (41+42+43-44-45)

Claims outstanding brought forward at the beginning of

the 3 year period.

The Marine

Insurance Co

Ltd



Sub-total A (13 + 1/2 14 - 2/3 15)

Sun Insurance

Office Ltd




Sub-total J (32-33)






Sub-total H (23 + 1/2 24 - 2/3 25)


Division of gross adjusted premiums amount sub-total I


Adjusted sub-total I if financial year is not a 12 month period to produce

an annual figure

169


Global Business


11 36 36

21 7406992 469128

For insurance business accounted for on an

underwriting year basis 22 312478 17193


accident year basis 23 4567665 254162


underwriting year basis 24 1022950 28316


accident year basis 25 3841007 333284

26 7423178 378883

27 1108203 49002

28 - -

29 7977280 403384

31 2659093 134461

X 0.26 32 691364 34960

Excess (if any) over 42.9M EURO x 0.03 33 78848 3110

39 612516 31850

41 536044 15925

42 580049 24208

43 580049 24208



the reference period




reference period



Royal & Sun

Alliance Insurance

plc

Royal & Sun

Alliance

Reinsurance Ltd


Sub-total F - Conversion of sub-total E to annual figure (multiply by 12 and

divide by number of months in the reference period)



amount)




Sub-total G (32-33)



Sub-total E (26 +1/2 27 - 2/3 28)

170


Global Business


11 36 36

21 - 85449


underwriting year basis 22 - 80950


accident year basis 23 - 8741


underwriting year basis 24 - 289089


accident year basis 25 - 2112

26 - (116061)

27 - (113824)

28 - -

29 - (172973)

31 - (57658)

X 0.26 32 - -

Excess (if any) over 42.9M EURO x 0.03 33 - -

39 - -

41 - -

42 - 2293

43 - 2293



the reference period



Sun Insurance

Office Ltd


The Marine

Insurance Co Ltd




reference period






amount)

Sub-total G (32-33)



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 number of months in the reference period)

171

Returns under the Accounts and Statements Rules Additional information on general insurance business ceded required by Rule 9.32 of the Accounts and Statements Rules Name of insurer Royal & Sun Alliance Insurance plc Global Business Financial year ended 31 December 2015

172

Material non-facultative reinsurance contracts

Material non-facultative reinsurance contracts entered into or modified during the financial year are set out on pages 178 to 211. The maximum probable losses contemplated by the directors after reinsurance recoveries when establishing the reinsurance are set out on those pages (shown as Maximum Net Probable Loss). Reinsurers who have ceased to pay claims in full Reinsurance representing 10% or more of a non-facultative contract who have ceased to pay claims in full:

Reinsurance Contract

Year Participation

None

N/A

N/A

Material non-facultative contracts which are expected to be exhausted by claims incurred

Contract Ceding Company’s Retention

Extent of Cover Remarks

None

N/A N/A N/A

Returns under the Accounts and Statements Rules Additional information on general insurance business ceded required by Rule 9.32 of the Accounts and Statements Rules Name of insurer Royal & Sun Alliance Insurance plc Global Business Financial year ended 31 December 2015

173

Reinsurers’ share of gross premiums written

PRA category number and description Non-Facultative

Facultative Total

£’000 £’000 £’000

110

Accident & health - - -

120 Personal motor 12,125 1,721 13,846 160 Household and domestic all risks 33,219 1,966 35,185 180 Personal lines financial loss 949 - 949 220 Commercial motor 16,665 401,547 418,212 260 Commercial lines property 223,560 143,059 366,619 270 280

Commercial lines liability Commercial lines financial loss

10,288 -

29,494 -

39,782 -

330 Aviation - (1,469) (1,469) 340 Marine 8,958 11,918 20,876 350 409

Goods in transit Balance of primary (direct) and facultative

11,195 1,857

12,545 23

23,740 1,880

510 Non proportional accident & health 510 - 510 520 Non proportional motor 1,802 - 1,802 530 Non proportional aviation - - - 540 Non proportional marine 117 - 117 550 Non proportional transport 69 - 69 560 Non proportional property 13,789 - 13,789 570 Non proportional liability 32 - 32 580 610

Non proportional financial lines Proportional accident & health

96 1,890

- -

96 1,890

620 Proportional motor - - - 630 Proportional aviation - - - 640 Proportional marine 1,202 - 1,202 650 Proportional transport 392 - 392 660 Proportional property 29,338 - 29,338 670 Proportional liability 28 - 28 680 Proportional financial lines 3,493 - 3,493

Total Reinsurance Premiums 371,574 600,804 972,378

Returns under the Accounts and Statements Rules Additional information on financial reinsurance and financing arrangements required by Rule 9.32A of the Accounts and Statements Rules Name of insurer Royal & Sun Alliance Insurance plc Global Business Financial year ended 31 December 2015

174

The policy of Royal & Sun Alliance Insurance plc and subsidiaries is not to purchase financial reinsurances. This policy is enforced by ensuring that all reinsurance protection purchased, which may have some of the characteristics of a financial reinsurance, is subject to scrutiny by appropriate expert resources within Royal & Sun Alliance Insurance plc and requires executive authorisation. The RSA Insurance Group's Reinsurance Policy Statement, which is mandated across all of the Group's operations, highlights the above-mentioned requirements, processes and controls.

Returns under the Accounts and Statements Rules Additional information on general insurance business: Major treaty reinsurers required by Rule 9.25 of the Accounts and Statements Rules Name of insurer Royal & Sun Alliance Insurance plc Global Business Financial year ended 31 December 2015

175

Reinsurer details

As required by Rule 9.25: Para 1(a)

Connection with the Group

Para 1(b)

Proportional reinsurance

treaties premiums

Para 1(c)(i)

£’000

Non proportional reinsurance

treaties premiums

Para 1(c)(ii)

£’000

Debts outstanding included at

F13L75

Para 1(d)

£’000

Deposits received

included at F15L31

Para 1(e)

£’000

Anticipated recoveries included at

F13L61

Para 1(f)

£’000

Lloyd’s underwriters One Lime Street London EC3M 7HA

None

1,781

30,005

2,262

-

43,687

Berkshire Hathaway 3555 Farnam Street Suite 1440 7Omaha NE 68131 United States of America

None

383

14,253 1,777 - 97,934

Munich Re Group Aktiengesellschaft in München Königinstr. 107 80802 München Germany

None

3,414

8,814

2,762

-

65,452

Swiss Re Company Mythenquai 50/60 8022 Zurich Switzerland

None

895

58,050

2,661

-

63,017

Pool Re 5 Lloyd’s Avenue London EC3N 3AE Hannover Re Group Karl-Wiechert-Allee 50 30625 Hannover Germany

None

None

-

3,586

30,520

12,569

-

2,030

-

-

-

28,348

Allianz Insurance Königinstr. 107 80802 München Germany RSA Insurance Ireland Limited RSA House Dundrum Town Centre Sandyford Road Dundrum Dublin 16

None

Subsidiary of Royal & Sun

Alliance Insurance Plc

-

-

71,102 -

280 -

- -

39,662

3,100

Returns under the Accounts and Statements Rules Additional information on general insurance business: Major facultative reinsurers required by Rule 9.26 of the Accounts and Statements Rules Name of insurer Royal & Sun Alliance Insurance plc Global Business Financial year ended 31 December 2015

176

Reinsurer details



Para 1(b)

Reinsurance premiums payable

Para 1(c)

£’000


F13L75

Para 1(d)

£’000

Deposits received

included at F15L31

Para 1(e)

£’000

Anticipated recoveries included at

F13L61

Para 1(f)

£’000

HDI-Gerling Industrie Versicherung AG HDI Platz 1 30659 Hannover Germany MO Reinsurance Ltd 3

rd Floor

St George’s Court Upper Church Street Douglas Isle of Man IM1 1EE

None

None

7,924

395,816

1,415

14,830

-

-

70,519

128,307

Returns under the Accounts and Statements Rules Additional information on general insurance business: Reinsurance cedants required by Rule 9.27 of the Accounts and Statements Rules Name of insurer Royal & Sun Alliance Insurance plc Global Business Financial year ended 31 December 2015

177

Reinsurer details



Para 1(b)

Gross premiums receivable

Para 1(c)

£’000

Deposits paid included at

F13L57

Para 1(d)

£’000


F13L74

Para 1(e)

£’000

HDI-Gerling Industrie Versicherung AG HDI Platz 1 30659 Hannover Germany

None

3,401 - 148

Returns under the Accounts and Statements Rules Additional information on general insurance business ceded required by Rule 9.32 of the Accounts and Statements Rules Name of insurer: Royal & Sun Alliance Insurance plc Global Business Financial year ended: 31 December 2015

178

Page Reinsurance programmes purchased for the UK general business operations

Property Risk Excess of Loss 180 Property Variable Quota Share 180 Property Catastrophe Excess of Loss 181

UK Programme 181 Canada, USA & Caribbean Programme 182

UK Property Terrorism Excess of Loss 182 Engineering Excess of Loss 183 UK Motor Excess of Loss 184 Motability Excess of Loss 185 Casualty Excess of Loss 186 Personal Accident Excess of Loss 187 Marine Excess of Loss 188 UK Licensed Dutch Land Based Equipment Quota Share 189 French War Risks Quota Share 189 Marine Protection & Indemnity Excess of Loss and Quota Share 190 Professional Indemnity and Directors and Officers Excess of Loss 191 Contract Guarantee and Miscellaneous Bonds Quota Share 191 Mortgage Payment Protection Insurance Quota Share 192 Adverse Development Cover 192 Group Volatility Cover

192


179

Reinsurance programmes purchased for certain non-UK branches

Page

International Property & Engineering Excess of Loss 193 International Property Risk Excess of Loss 195 International Property Quota Share 196 International Property Surplus 196 International Property Quota Share and Surplus 197 International Engineering Surplus 197 International Property Catastrophe Excess of Loss 198 International Life Catastrophe Excess of Loss 199 International Property Terrorism Excess of Loss Reinsurance 199 International Casualty Excess of Loss 200 International Personal Accident Excess of Loss 205 International Motor Risk Excess of Loss 206 International Motor Catastrophe Excess of Loss 206 International Marine Excess of Loss 207 International Professional Indemnity 209 International Bonds Excess of Loss 209 International Construction and Engineering Surplus 210 Notes to Significant Reinsurance Contracts 211


180

Property Risk Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

1 July 2014 to 30 June 2015 – Property Variable Quota Share

Maximum net probable loss £25m Main risk categories covered 260 & 274

261, 262 & 274 – Property Variable Quota Share

1st Layer (Note 1)

Underlying retention £25m Limit of cover £25m Placement 100% Number of Reinstatements 2 prepaid

2nd Layer (Note 1) Underlying retention £50m Limit of cover £25m Placement 100% Number of Reinstatements Limited to 1 prepaid, then;

1 @ 100% additional premium

3rd Layer (Note 1) Underlying retention £75m Limit of cover £175m Placement 100% Number of Reinstatements 1 @ 100% additional premium Property Variable Quota Share (Note 3) Underlying retention N/A – Quota share Limit of cover 0% – 50% Quota Share

Maximum cession £100m on EML and Sum Insured basis Placement 100% Number of Reinstatements N/A – Quota share reinsurance agreement


181

Property Catastrophe Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss £75m – UK programme

CAD 50m – Canada, USA & Caribbean programme

Main risk categories covered 120, 160, 220, 260, 274, 347 & 350

1st

Layer Worldwide excluding USA (Note 2) Underlying retention £100m / CAD 350m Limit of cover £300m / CAD 600m Placement 100% Number of Reinstatements 1 @ 100% 2

nd Layer Worldwide excluding USA (Note 2)

Underlying retention £400m / CAD 950m £250m Property Risk EML Fail

Limit of cover £150m / CAD 300m £150m Property Risk EML Fail

Placement 100% Number of Reinstatements 1 prepaid per section 3

rd Layer UK / Europe / Canada / Chile (Note 2)

Underlying retention £550m / CAD 1,250m Limit of cover £450m / CAD 900m Placement 100% Number of Reinstatements 1 prepaid 4

th Layer UK & Europe

Underlying retention £1,000m Limit of cover £125m Placement 100% Number of Reinstatements 1 prepaid 5

th Layer UK / Europe / Canada

Underlying retention £1,125m / CAD 2,150m Limit of cover £475m / CAD 950 Placement 100% Number of Reinstatements 1 prepaid 6

th Layer UK / Europe / Canada (Note 13)

Underlying retention £1,600m Northern Europe / CAD 3,100m Canada / CAD 250m US / CLF 40m Chile / USD 1,017m RoW

Limit of cover £150m Placement 100% Number of Reinstatements No reinstatements


182

Property Catastrophe Excess of Loss Reinsurance Underlying Aggregate Cover (excludes Canada & US Caribbean) Underlying retention UK £75m

Non-UK £50m Limit of cover £25m (£50m Aggregate Limit) Placement 100% Number of Reinstatements £50m aggregate limit (Note 14) Canada, USA & Caribbean Programme (Note 2) 1st Layer

Underlying retention CAD 50m Limit of cover CAD 100m Placement 100% Number of Reinstatements 1 @ 100% additional premium 2nd Layer

Underlying retention CAD 150m Limit of cover CAD 100m Placement 100% Number of Reinstatements 1 @ 100% additional premium UK Property Terrorism Excess of Loss Reinsurance (Note 4) Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss £14.07m per incident

£28.14m in aggregate

Main risk categories covered 160, 260 & 274

Underlying retention £14.07m Limit of cover Unlimited Placement 100% Number of Reinstatements N/A


183

Engineering Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss £10m – UK, Asia Middle East, Canada, Latin America, Ireland & Italy

Main risk categories covered 263 1st Layer (Note 2)

Underlying retention £10m – UK, Asia Middle East, Canada, Latin America, Ireland & Italy Limit of cover £15m Placement 100% Number of Reinstatements 2 prepaid reinstatements 2nd Layer

Underlying retention £25m – UK, Asia Middle East, Canada, Latin America, Ireland & Italy Limit of cover £50m Placement 100% Number of Reinstatements 1 prepaid reinstatement


184

UK Motor Excess of Loss Reinsurance (Note 5) Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss £3m

Main risk categories covered 120, 220, & 274 Underlying Layer (excludes Motor Own Damage) Underlying retention £3m Limit of cover £2m Placement 100% Number of Reinstatements Unlimited prepaid 1st Layer

Underlying retention £5m Limit of cover £5m Placement 100% Number of Reinstatements Unlimited prepaid

1 prepaid – Motor Own Physical Damage 2nd Layer

Underlying retention £10m Limit of cover £15m

£10m – Motor Own Physical Damage Placement 100% Number of Reinstatements Unlimited prepaid

1 prepaid – Motor Own Physical Damage 3rd Layer

Underlying retention £25m Limit of cover Unlimited Placement 100% Number of Reinstatements Unlimited prepaid


185

Motability Excess of Loss Reinsurance (Note 5) Period of cover 1 October 2014 to 30 September 2015

1 October 2015 to 30 September 2016


Main risk categories covered 221

1st Layer

Underlying retention £5m Limit of cover £5m Placement 100% Number of Reinstatements Unlimited prepaid, except in relation to Motor First Party Physical

Damage where losses shall be limited to £10m in all. 2nd Layer

Underlying retention £10m Limit of cover £15m Placement 100% Number of Reinstatements Unlimited prepaid. Layer is not applicable to Motor First Party

Physical Damage. 3rd Layer

Underlying retention £25m Limit of cover Unlimited Placement 100% Number of Reinstatements Unlimited prepaid. Layer is not applicable to Motor First Party

Physical Damage.


186

Casualty Excess of Loss Reinsurance (Note 5, Note 6) Period of cover 1 January 2015 to 31 December 2015


Main risk categories covered 114, 114(P), 262, 270 & 281

1st Layer Underlying retention £5m Limit of cover £20m Placement 100% Number of Reinstatements a) In respect of Employer’s Liability, unlimited prepaid

b) Losses arising solely from an Act of Terrorism involving Employer’s Liability limited to 4 full reinstatements prepaid

c) All covered losses other than (a) and (b) limited to 4 full reinstatements prepaid

2nd Layer Underlying retention £25m Limit of cover £25m Placement 100% Number of Reinstatements 1 prepaid


187

Personal Accident Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015


Main risk categories covered 111, 113, 114, 114(P) & 274 1st Layer (Note 2)

Underlying retention £5m Limit of cover £5m Placement 100% Number of Reinstatements 3 @ 100% additional premium 2nd Layer (Note 2)

Underlying retention £10m Limit of cover £15m Placement 100% Number of Reinstatements 3 @ 100% additional premium 3rd Layer

Underlying retention £25m Limit of cover £25m Placement 100% Number of Reinstatements 2 @ 100% additional premium 4th Layer

Underlying retention £50m Limit of cover £50m Placement 100% Number of Reinstatements 1 @ 100% additional premium 5th Layer

Underlying retention £100m Limit of cover £50m Placement 100% Number of Reinstatements 1 @ 100% additional premium 6

th Layer

Underlying retention £150m Limit of cover £75m Placement 100% Number of Reinstatements 1 @ 100% additional premium


188

Marine Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss USD 15m

Main risk categories covered 340, 350 Non Elemental 1st Layer Underlying retention USD 15m Limit of cover USD 17.5m Placement 100% Number of Reinstatements 2 prepaid Elemental 1st Layer Underlying retention USD 15m Limit of cover USD 17.5m Placement 100% Number of Reinstatements 2 prepaid Umbrella Underlying retention USD 32.5m Limit of cover USD 17.5m Placement 100% Number of Reinstatements 2 prepaid Global Whole Account 1st Layer Underlying retention USD 50m Limit of cover USD 25m Placement 100% Number of Reinstatements 2 prepaid 2nd Layer (Note 2)

Underlying retention USD 75m Limit of cover USD 50m Placement 100% Number of Reinstatements 1 @ 100% additional premium


189

Marine Excess of Loss Reinsurance 3rd Layer (Note 2)

Underlying retention USD 125m Limit of cover USD 125m Placement 100% Number of Reinstatements 1 @ 100% additional premium 4th Layer (Note 2)

Underlying retention USD 250m Limit of cover USD 25m Placement 100% Number of Reinstatements 1 @ 100% additional premium UK – Licensed Dutch Land Based Equipment Quota Share (Note 7) Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss N/A – Quota share

Main risk categories covered 341, 342 & 344

Underlying retention N/A – Quota share Limit of cover 40% on limits up to EUR 10m Placement 100% Number of Reinstatements N/A – Quota share reinsurance agreement

French War Risks Quota Share Reinsurance Period of cover 1 January 2015 to 31 December 2015



Underlying retention N/A – Quota share Limit of cover 25% Quota share to EUR 40m

EUR 40m xs EUR 1.5m Stop of Loss Placement 100% Number of Reinstatements N/A – Quota share reinsurance agreement


190

Marine Protection & Indemnity Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015



Layer 1 Underlying retention USD 50m Limit of cover USD 50m Placement 50% Number of Reinstatements Unlimited free Layer 2

Underlying retention USD 100m

Limit of cover USD 400m

Placement 100%

Number of Reinstatements Unlimited free

Marine Protection & Indemnity Quota Share Reinsurance Period of cover 1 January 2015 to 31 December 2015



Underlying retention N/A – Quota share

Limit of cover 50% Quota share to USD 100m

Placement 100%

Number of Reinstatements N/A – Quota share reinsurance agreement


191

Professional Indemnity and Directors and Officers Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss £2.5m – Per Risk

£10m – Clash Main risk categories covered 272, 274 Per Risk Layer 1 Underlying retention £2.5m Limit of cover £7.5m Placement 100% Number of Reinstatements Shared Aggregate Limit of £60m with Clash Cover Layer 2

Underlying retention £10m Limit of cover £5m Placement 100% Number of Reinstatements Shared Aggregate Limit of £60m with Clash Cover Clash Underlying retention £10m Limit of cover £20m Placement 100% Number of Reinstatements Shared Aggregate Limit of £60m with Per Risk Cover UK Surety Bonds Quota Share Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss £5m Main risk categories covered 283 Underlying retention N/A – Quota share Limit of cover 40% Quota share to £5m other than;

40% Quota share to £10m for Rural Protection Agency Placement 100% Number of Reinstatements N/A – Quota share reinsurance agreement


192

Mortgage Payment Protection Insurance Quota Share Reinsurance (Note 8) Period of cover 1 June 2006 to 31 December 2015

Maximum net probable loss 10% to 50% of maximum amount ceded – dependent on agreement Main risk categories covered 182

Underlying retention N/A – Quota share Limit of cover 50% to 90% Quota share – Unlimited subject to prior agreement

Placement 100% Adverse Development Cover Period of cover 13 January 2014 through to extinguishment of all liabilities


Main risk categories covered All risk categories

Underlying retention £10,954m Limit of cover £550m Placement 80% Number of Reinstatements N/A – Stop loss contract Group Volatility Cover (Note 13) Period of cover 1 January 2015 to 31 December 2017 Maximum net probable loss £180m Main risk categories covered 120,160, 220, 260, 274, 340 & 350

Underlying retention £180m Limit of cover £150m Placement 100% Number of Reinstatements N/a - £300m can be recovered in aggregate over 3 years, no more

than £150m in any one year


193

International Property and Engineering Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss USD 0.3m – Argentina

£2m – Middle East £5m – Asia Middle East, Latin America (ex Argentina) EUR 7.5m – Italy EUR 14m – Ireland

Main risk categories covered 160, 260

Argentina 1

st Layer

Underlying retention USD 0.3m Limit of cover USD 9.7m Placement Number of Reinstatements

100% 2 prepaid

2

nd Layer

Underlying retention USD 10m

Limit of cover USD 20m Placement Number of Reinstatements

100% 1 prepaid

Middle East 1st Layer

Underlying retention £2m Limit of cover £3m Placement 100% Number of Reinstatements 2 @ 100% additional premium Asia Middle East 1st Layer

Underlying retention £5m Limit of cover £5m Placement 100% Number of Reinstatements 3 @ 100% additional premium


194

International Property and Engineering Excess of Loss Reinsurance Latin America 1st Layer

Underlying retention £5m Limit of cover £5m Placement 100% Number of Reinstatements 2 @ 100% additional premium Italy 1st Layer Underlying retention EUR 7.5m Limit of cover EUR 6.5m Placement 100% Number of Reinstatements 1 prepaid & 2 @ 100% additional premium

International Property Risk Excess of Loss Reinsurance International Regions (Note 1) Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss £10m – UK (High Net Worth), Asia, Latin America

EUR 14m – Ireland & Italy Main risk categories covered 160, 260

1st Layer Underlying retention £10m – Asia, Middle East, Latin America and UK High Net Worth

EUR 14m – Italy and Ireland Limit of cover £15m / EUR 21m Placement 100% Number of Reinstatements 2 prepaid


195

International Property Risk Excess of Loss Reinsurance Argentina (Note 11) Period of cover 1 July 2014 to 30 June 2015

1 July 2015 to 31 December 2015

Maximum net probable loss USD 0.3m

Main risk categories covered 160, 260, 270

1st Layer Underlying retention USD 0.3m Limit of cover USD 0.7m Placement 100% Number of Reinstatements 4 prepaid 2nd Layer Underlying retention USD 1m Limit of cover USD 2m Placement 100% Number of Reinstatements 3 prepaid 3rd Layer Underlying retention USD 3m Limit of cover USD 2m Placement 100% Number of Reinstatements 1 prepaid


196

International Property Quota Share Period of cover 1 January 2015 to 31 March 2015


Main risk categories covered 160, 260, 274, 350 Hong Kong (Note 9) Underlying retention N/A – Quota share Limit of Cover Surplus Limit

97.5% Quota share to HKD 200m any one risk HKD 300m

Placement 100% Number of Reinstatements N/A – Quota share reinsurance agreement

International Property Surplus Period of cover 1 July 2014 to 30 June 2015



Main risk categories covered 260, 274 Argentina 1

st Layer

Underlying retention USD 3.5m Limit of cover USD 10.5m Placement 100% Number of Reinstatements N/A – Surplus reinsurance agreement 2

nd Layer

Underlying retention USD 14m Limit of Cover USD 21m Placement 100% Number of Reinstatements N/A – Surplus reinsurance agreement 3

rd Layer (Facultative Obligatory Surplus)

Underlying retention USD 35m Limit of Cover USD 65m Placement 100% Number of Reinstatements N/A – Surplus reinsurance agreement


197

International Property Quota Share and Surplus Period of cover 1 July 2014 to 30 June 2015



Main risk categories covered 260, 274 Argentina (Note 11) Quota Share Underlying retention N/A – Quota share Limit of cover 40% Quota share to USD 2m Placement 100% Number of Reinstatements N/A – Quota share reinsurance agreement Surplus Underlying retention USD 2m Limit of Cover USD 8m Placement 100% Number of Reinstatements N/A – Surplus reinsurance agreement International Engineering Surplus Period of cover 1 July 2014 to 30 June 2015



Main risk categories covered 260, 274 Argentina 1

st Layer

Underlying retention USD 3.5m Limit of cover USD 10.5m Placement 100% Number of Reinstatements N/A – Surplus reinsurance agreement 2

nd Layer (Facultative Obligatory Surplus)

Underlying retention USD 14m Limit of Cover USD 61m Placement 100% Number of Reinstatements N/A – Surplus reinsurance agreement


198

International Property Catastrophe Excess of Loss Reinsurance (Note 10) Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss £25m – Ireland

£10m – Latin American Region, Asia & Middle East, Italy

Main risk categories covered 120, 160, 220, 260, 347

Latin America, Asia Middle East, Italy 1st Layer: (Note 2) Underlying retention £10m Limit of cover £15m Placement 100% Number of Reinstatements 2 @ 100% additional premium International 2nd Layer (Excludes US, UK & Canada): Underlying retention £25m Limit of cover £25m Placement 100% Number of Reinstatements 1 prepaid 3rd Layer (Excludes US & UK) (Note 2) Underlying retention £50m / CAD 250m Limit of cover £25m / CAD 50m Placement 100% Number of Reinstatements £50m aggregate limit (Note 14) 4th Layer (Excludes US & UK) (Note 2) Underlying retention £75m / CAD 300m Limit of cover £25m / CAD 50m Placement 100% Number of Reinstatements 2 @ 100% additional premium


199

International Life Catastrophe Excess of Loss Reinsurance (Note 10) Period of cover 1 July 2014 to 30 June 2015


Maximum net probable loss ARS 0.2m – Argentina

Main risk categories covered 120, 160, 220, 260, 347

Argentina 1st Layer: (Note 11) Underlying retention ARS 0.2m up to 30 June 2015

ARS 0.6m from 1 July 2015 Limit of cover ARS 24.98m up to 30 June 2015

ARS 25.2m from 1 July 2015 Placement 100% Number of Reinstatements 1 @ 100% additional premium International Property Terrorism Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015


Main risk categories covered 160, 260 & 274 Latin American 1st Layer

Underlying retention USD 8m Limit of cover USD 12m Placement 100% Number of Reinstatements 1 @ 100% additional premium 2nd Layer Underlying retention USD 20m Limit of cover USD 20m Placement 100% Number of Reinstatements 1 @ 100% additional premium


200

International Casualty Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

Continuous cover from 1st July 2014 (Argentina only)

Maximum net probable loss USD 0.07m – Argentina – excluding Motor up to 30 June 2015

USD 0.15m – Argentina – excluding Motor from 1 July 2015 USD 0.1m – Argentina – Motor to 30 June 2015 USD 0.6m – Argentina – Motor from 1 July 2015 USD 2.5m – Asia AED 5m / BHD 0. 5m – United Arab Emirates EUR 2m – Italy – Motor third party liability EUR 1m – Italy – General third party liability EUR 3m – Ireland

Main risk categories covered 110, 120, 220, 270, 281 & 283

Argentina Casualty (excluding Motor) Underlying retention USD 0.07m up to 30 June 2015

USD 0.15m from 1 July 2015 Limit of cover USD 9.93m up to 30 June 2015

USD 9.85m from 1 July 2015 Placement 100% Number of Reinstatements Unlimited free Motor

Underlying retention USD 0.1m up to 30 June 2015 USD 0.6m from 1 July 2015

Limit of cover USD 9.9m up to 30 June 2015 USD 9.4m from 1 July 2015

Placement 100% Number of Reinstatements Unlimited free Asia 1st Layer (ex Profin) Underlying retention USD 2.5m Limit of cover USD 2.5m Placement 100% Number of Reinstatements Maximum recovery of USD 20m but limited to USD 5m for Terrorism


201

International Casualty Excess of Loss Reinsurance Asia 2nd Layer Underlying retention USD 5m Limit of cover USD 10m Placement 100% Number of Reinstatements Maximum recovery of USD 40m but limited to

i) USD 30m Profin ii) USD 30m Motor own damage iii) USD 20m Terrorism

3rd Layer Underlying retention USD 15m Limit of cover USD 11m

USD 5m Profin Placement 100% Number of Reinstatements Maximum recovery of USD 33m but limited to USD 15m for Profin

and USD 22m Terrorism 4th Layer (A) – Singapore Motor Third Party Liability Underlying retention USD 26m Limit of cover Unlimited Placement 100% Number of Reinstatements Unlimited prepaid 4th Layer (B) – Hong Kong Workers Compensation / Employers Liability Underlying retention USD 26m Limit of cover USD equivalent of HKD 400m Placement 100% Number of Reinstatements 1 prepaid 4th Layer (B) – Asia Ex Singapore and Hong Kong Underlying retention USD 26m Limit of cover USD 26m Placement 100% Number of Reinstatements 1 prepaid


202

International Casualty Excess of Loss Reinsurance Middle East Casualty, Motor and Profin 1st Layer (A): Excluding Profin Underlying retention AED 5m Limit of cover AED 5m Placement 100% Number of Reinstatements Motor – Unlimited prepaid

Motor Own Damage – 1 @ 100% additional premium. All other covered risks - 2 Prepaid

1st Layer (B): Profin Only Underlying retention AED 5m Limit of cover AED 5m Placement 100% Number of Reinstatements Maximum Recoverable AED 10m 2nd Layer: Underlying retention AED 10m Limit of cover AED 10m Placement 100% Number of Reinstatements Motor – Unlimited prepaid

Motor Own Damage – 1 @ 100% additional premium. All other covered risks - 2 prepaid

3rd Layer (A): Motor Third Party Liability Only Underlying retention AED 20m Limit of cover AED Unlimited Placement 100% Number of Reinstatements Unlimited prepaid

3rd Layer (B): All Classes Excluding Motor Third Party Liability and Public & Products Liability Underlying retention AED 20m Limit of cover AED 10m Placement 100% Number of Reinstatements 2 prepaid 4th Layer (in respect of Public & Products Liability only) Underlying retention AED 20m Limit of cover AED 30m Placement 100% Number of Reinstatements Maximum recoverable AED 60m


203

International Casualty Excess of Loss Reinsurance Italy: Motor Third Party Liability 1st Layer Underlying retention EUR 2m Limit of cover EUR 3m Placement 100% Number of Reinstatements 4 prepaid 2nd Layer

Underlying retention EUR 5m Limit of cover EUR 10m Placement 100% Number of Reinstatements 2 prepaid 3rd Layer Underlying retention EUR 15m Limit of cover EUR 15m Placement 100% Number of Reinstatements 1 prepaid 4th Layer Underlying retention EUR 30m Limit of cover Unlimited for green cards Placement 100% Number of Reinstatements Unlimited prepaid Italy: General Third Party Liability 1st Layer Underlying retention EUR 1m Limit of cover EUR 1.5m Placement 100% Number of Reinstatements 1 prepaid

1 @ 50% additional premium 1 @ 100% additional premium

2nd Layer Underlying retention EUR 2.5m Limit of cover EUR 2.5m Placement 100% Number of Reinstatements 3 prepaid

1 @ 100% additional premium


204

International Casualty Excess of Loss Reinsurance Italy: General Third Party Liability 3rd Layer

Underlying retention EUR 5m Limit of cover EUR 5m Placement 100% Number of Reinstatements 1 @ 100% additional premium 4th Layer

Underlying retention EUR 10m Limit of cover EUR 10m Placement 100% Number of Reinstatements 1 @ 100% additional premium 5th Layer

Underlying retention EUR 20m Limit of cover EUR 10m Placement 100% Number of Reinstatements 1 @ 100% additional premium Ireland: Includes EL/PL, Motor and PI 1st Layer Underlying retention EUR 3m Limit of cover EUR 4m Placement 100% Number of Reinstatements Unlimited prepaid

2nd Layer Underlying retention EUR 7m Limit of cover EUR 6m Placement 100% Number of Reinstatements Unlimited prepaid 3rd Layer Underlying retention EUR 13m Limit of cover EUR 27m PL and Motor

EUR 19.5m EL EUR 2m PI

Placement 100% Number of Reinstatements PL and Motor - Unlimited prepaid

EL – 2 prepaid PI – 2 prepaid


205

International Casualty Excess of Loss Reinsurance Ireland: Includes EL/PL, Motor and PI 4th Layer (Motor Only) Underlying retention EUR 40m Limit of cover Unlimited Placement 100% Number of Reinstatements Unlimited prepaid

International Personal Accident Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss £0.10m – Middle East

£0.25m – Asia EUR 0.5m – Italy

Main risk categories covered 111, 113, 114 & 114(P) 1st Layer – Middle East (Note 2) Underlying retention £0.10m Limit of cover £0.15m Placement 100% Number of Reinstatements 2 @ 100% additional premium 2nd Layer – Asia and Middle East (Note 2) Underlying retention £0.25m Limit of cover £0.25m Placement 100% Number of Reinstatements 3 @ 100% additional premium

3rd Layer – Asia, Middle East and Italy (Note 2) Underlying retention £0.5m Limit of cover £0.5m Placement 100% Number of Reinstatements 4 @ 100% additional premium 4th Layer – Asia, Middle East and Italy (Note 2) Underlying retention £1m Limit of cover £1.5m Placement 100% Number of Reinstatements 3 @ 100% additional premium


206

International Personal Accident Excess of Loss Reinsurance 5th Layer – Asia, Middle East and Italy (Note 2) Underlying retention £2.5m Limit of cover £2.5m Placement 100% Number of Reinstatements 3 @ 100% additional premium International Motor Risk Period of cover 1 July 2014 – 30 June 2015 Maximum net probable loss USD 0.5m - Argentina Main risk categories covered 111, 113, 114 & 114(P) Argentina (Note 11) 1st Layer Underlying retention USD 0.5m Limit of cover USD 0.5m Placement 100% Number of Reinstatements 2 @ 100% additional premium 2nd Layer Underlying retention USD 1m Limit of cover USD 2.8m Placement 100% Number of Reinstatements 1 @ 100% additional premium

International Motor Catastrophe Period of cover 1 July 2014 – 30 June 2015 Maximum net probable loss USD 0.3m - Argentina Main risk categories covered 111, 113, 114 & 114(P) Argentina (Note 11) 1st Layer Underlying retention USD 0.3m Limit of cover USD 0.7m Placement 100% Number of Reinstatements 1 @ 100% additional premium 2nd Layer Underlying retention USD 1m Limit of cover USD 3m Placement 100% Number of Reinstatements 1 @ 100% additional premium


207

International Marine Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss USD 0.15m – Argentina

USD 2m – Asia Middle East USD 1m – Latin America USD 3m – Italy USD 10m - Ireland


Argentina 1st layer Underlying retention USD 0.15m Limit of cover USD 19.85m Placement 100% Number of Reinstatements 2 prepaid Argentina (Notes 11 & 12) 1st layer Underlying retention USD 0.2m Limit of cover USD 0.8m Placement 100% Number of Reinstatements 2 prepaid International Marine Excess of Loss Reinsurance Argentina 2nd Layer Underlying retention USD 1m Limit of cover USD 2m Placement 100% Number of Reinstatements 2 prepaid 3rd Layer

Underlying retention USD 3m Limit of cover USD 2m Placement 100% Number of Reinstatements 1 prepaid 4th Layer Underlying retention USD 5m Limit of cover USD 2.5m Placement 100% Number of Reinstatements 1 prepaid


208

International Marine Excess of Loss Asia, Middle East, Latin America Italy, and Ireland Sub-layers 1st layer – Latin America Underlying retention USD 1m Limit of cover USD 1m Placement 100% Number of Reinstatements 2 prepaid 2nd layer – Latin America and Asia Middle East Underlying retention USD 2m Limit of cover USD 1m Placement 100% Number of Reinstatements 2 prepaid 3rd layer – Italy, Asia, Middle East and Latin America Underlying retention USD 3m Limit of cover USD 2m Placement 100% Number of Reinstatements 2 prepaid 4th layer – Italy, Asia, Middle East and Latin America Underlying retention USD 5m Limit of cover USD 5m Placement 100% Number of Reinstatements 2 prepaid 5th layer – Ireland, Italy, Asia, Middle East and Latin America Underlying retention USD 10m Limit of cover USD 5m Placement 100% Number of Reinstatements 2 prepaid


209

International Professional Indemnity Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss EUR 1m


Ireland Underlying retention EUR 1m Limit of cover EUR 2m Placement 100% Number of Reinstatements 3 prepaid

1 @ 100% additional premium International Bonds Excess of Loss Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss EUR 0.75m – Italy

Main risk categories covered 283 Italy

1st Layer Underlying retention EUR 0.75m Limit of cover EUR 1.25m Placement 100% Number of Reinstatements 2 @ 100% additional premium 2nd Layer

Underlying retention EUR 2m Limit of cover EUR 1.5m Placement 100% Number of Reinstatements 1 @ 100% additional premium 3nd Layer Underlying retention EUR 3.5m Limit of cover EUR 1.5m Placement 100% Number of Reinstatements 1 @ 100% additional premium


210

International Bonds Excess of Loss Reinsurance Italy 4th Layer Underlying retention EUR 5m Limit of cover EUR 5m Placement 100% Number of Reinstatements 1 @ 100% additional premium International Decennial Liability Quota Share Reinsurance Period of cover 1 January 2015 to 31 December 2015

Maximum net probable loss EUR 3.2m – Italy

Main risk categories covered 263 Italy 1st Layer Underlying retention N/A – Quota share Limit of cover 80% Quota share EUR 15m / EUR 16m (depending on policy) – any

one policy 80% Quota share EUR 25m / EUR 30m (depending on policy) – sum insured basis

Placement 100% Number of Reinstatements N/A – Quota share reinsurance agreement International Construction and Engineering Surplus Period of cover Continuous contract commencing 1 January 2014 Maximum net probable loss USD 15m Main risk categories covered 263 Asia Middle East

Underlying retention USD 15m Limit of cover USD 85m Placement 100% Number of Reinstatements N/A – Surplus reinsurance agreement


211

Note 1 The Property Risk layers are joint covers shared by the UK, Asia, Middle East, Europe,

Latin America, Scandinavia and Canada.

Note 2 These layers have Reinstatement Premium Protection in place.

Note 3 The net loss on the Property Variable Quota Share is protected by the Property Risk Excess of Loss programme.

Note 4 The UK Property Terrorism Excess of Loss Reinsurance programme applies to England, Scotland and Wales.

Note 5 The UK Motor, Motability and Casualty Excess of Loss programmes interlock such that the maximum loss across the three programmes arising from a single loss occurrence is £5m.

Note 6 The Casualty treaty provides cover for Employers Liability Offshore exposures for £25m xs £5m.

Note 7 The retentions on the Dutch Land Based Equipment Reinsurance arrangements are protected under the Marine Excess of Loss programme.

Note 8 The Mortgage Payment Protection Quota Share agreement has a maximum cession of 90% and a minimum cession of 50%, applying to agreements with various building societies.

Note 9 The Property Quota Share treaty is placed in tandem with a First Surplus treaty.

Note 10 The International Property Catastrophe programme provides additional protection for the Asia and Europe regional programme. This contract applies to losses occurring worldwide excluding the UK, USA and Caribbean.

Note 11 Relates to contracts protecting risks written by El Commercio, which was merged with RSA Argentina during 2014.

Note 12 Cover ran until 30 June 2015

Note 13 The top layer of the Cat Programme (£150m xs £1,600m) is section A and the GVC (£150m xs £180m) is section B on a single cover. The total amount recovered from Section A and Section B in a single year cannot exceed £150m and cannot exceed £300m in total during the 3 years of the cover.

Note 14 £50m Aggregate limit shared between £25m xs £75m UK layer and £25m xs £50m ex UK layer

Documents

Royal & Sun Alliance Insurance plc - RSA Insurance Group17032016:13:59:41 Form 1 Statement of solvency - general insurance business Name of insurer Royal & Sun Alliance Insurance plc