Page | 1

Page | 2

Page | 3Page | 4Page | 5

Page | 6

Page | 7

Page | 8

Page | 9

Page | 10

Page | 11

Page | 12

Page | 13

2020
€’000

2019
%

€’000

%

Europe240,90357% 337,610

66%

Americas81,521

19%

77,70115%

Asia

76,86518%

72,69214%

Oceania

9,920

2%

9,538

2%

Middle East

8,318

2%

8,803

2%

Africa

7,521

2%

7,885

1%

Total

425,048

100% 514,229

100%

Page | 14

Page | 15

Page | 16

Page | 17Page | 18
















Page | 19

Page | 20

Page | 21

Page | 22


















Page | 23




















Page | 24










Page | 25











Page | 26








Page | 27


























Page | 28
















Page | 29

















Page | 30




















Page | 31















Page | 32Page | 33





















Page | 34












Page | 35













Page | 36

Page | 37







Page | 38

Page | 39











Page | 40

















Page | 41

























Page | 42Page | 43

Page | 44

Page | 45

Page | 46










Page | 47









Page | 48

Page | 49











Page | 50
















Page | 51











Page | 52Page | 53








Page | 54







Page | 55

Page | 56

TPE 2020€’000%

TPE 2019€’000%

Europe109,548,606

65.92%

118,663,238

65.73%

Asia

26,394,670

15.88%

28,119,286

15.57%

North America

18,564,598

11.17%

20,825,854

11.54%South America

5,915,302

3.56%

6,185,980

3.43%

Oceania

3,215,542

1.94%

3,619,001

2.00%

Africa2,537,263

1.53%

3,129,655

1.73%

Total

166,175,981

100.00%180,543,014

100.00%Page | 57







Page | 58

Page | 59

Page | 60

Page | 61

Page | 62Page | 63











Page | 64







Page | 65

Page | 66

All amounts in thousands of Euro, unless otherw ise stated

AssetsPage | 67

FY20

FY20

Solvency II

Stat. Acc. (Irish GAAP)

Difference

Property, plant and equipment for own use
Financial investments
Reinsurance recoverables technical provisions
Deposits to cedants
Receivables (insurance, intermediaries and trade)
Deferred acquisition costs
Deferred income tax assets
Cash and cash equivalents
Any other assets (miscellaneous, accruals, current tax)

56
1,077,607
56,981
36,8358,262
015,22669,98730,46156
1,072,768
89,051
36,835
147,528
71,591
8,391
69,227
6,930

0
4,839
(32,070)0(139,266)(71,591)
6,835
760
23,531Total

1,295,415

1,502,377(206,962)



Page | 68














Page | 69








Page | 70Page | 71

Page | 72

EUR million
Gross best estimate
Reinsurance recoveries
Net best estimate (including
adjustments for CDR risk)
Risk MarginPage | 73

470.9
56.3

Acceptednonproportional
credit andsuretyshipreinsurance
1.6
0.7

472.5
57.0

414.6

0.9

415.5

68.0

1.4

69.4

Accepted
proportional
credit andsuretyshipreinsurance

Total






Page | 74

All amounts in thousands of Euro, unless otherwise stated

Liabilities

FY20
Solvency 2

FY20
Stat. Acc. (Irish GAAP)(Re)insurance accounts payable
Payables (trade, not insurance)
Any other liabilities
Subordinated loan

15,802
5,309
83,781
77,88762,319 *5,309
15,279 *75,00046,517
0(68,502)(2,887)

Total

182,779

157,907(24,872)* These amounts are including reclassifications within the liabilities and therefore do not exactly reconcile with amounts shown in F.1.2 Annex II

Page | 75

DifferencePage | 76

●

●

●

●

●

Page | 77●●Page | 78

Page | 79













Page | 80

Page | 81

Page | 82

Page | 83

Page | 84Page | 85

Page | 86

Page | 87










Page | 88SE.02.01
Balance sheet
Solvency II value
C0010
AssetsGoodwill
Deferred acquisition costs
Intangible assets
Deferred tax assets
Pension benefit surplus
Property, plant & equipment held for own use
Investments (other than assets held for index-linked and unit-linked contracts)
Property (other than for own use)
Holdings in related undertakings, including participations
Equities
Equities - listed
Equities - unlisted
Bonds
Government Bonds
Corporate Bonds
Structured notes
Collateralised securities
Collective Investments Undertakings
Derivatives
Deposits other than cash equivalents
Other investments
Assets held for index-linked and unit-linked contracts
Loans and mortgages
Loans on policies
Loans and mortgages to individuals
Other loans and mortgages
Reinsurance recoverables from:
Non-life and health similar to non-life
Non-life excluding health
Health similar to non-life
Life and health similar to life, excluding health and index-linked and unit-linked
Health similar to life
Life excluding health and index-linked and unit-linked
Life index-linked and unit-linked
Deposits to cedants
Insurance and intermediaries receivables
Reinsurance receivables
Page | 89 Receivables (trade, not insurance)
Own shares (held directly)
Amounts due in respect of own fund items or initial fund called up but not yet paid in
Cash and cash equivalents
Any other assets, not elsewhere shown
Total assets

R0010
R0020
R0030
R0040
R0050
R0060
R0070
R0080
R0090
R0100
R0110
R0120
R0130
R0140
R0150
R0160
R0170
R0180
R0190
R0200
R0210
R0220
R0230
R0240
R0250
R0260
R0270
R0280
R0290
R0300
R0310
R0320
R0330
R0340
R0350
R0360
R0370
R0380
R0390
R0400
R0410
R0420
R0500

15,226,057.87
56,026.39
1,077,606,627.14
63,041,780.00
63,041,780.00
989,517,694.74
309,932,292.14
679,585,402.60
25,047,152.40
56,981,148.59
56,981,148.59
56,981,148.59
36,834,889.01
6,835,176.51
905,751.19
520,697.19
69,987,654.42
30,460,677.58
1,295,414,705.89

Liabilities
Technical provisions – non-life
Technical provisions – non-life (excluding health)Technical provisions calculated as a whole
Best Estimate
Risk margin
Technical provisions - health (similar to non-life)
Technical provisions calculated as a whole
Best Estimate
Risk margin
Technical provisions - life (excluding index-linked and unit-linked)
Technical provisions - health (similar to life)
Technical provisions calculated as a whole
Best Estimate
Risk margin
Technical provisions – life (excluding health and index-linked and unit-linked)
Technical provisions calculated as a whole
Best Estimate
Risk margin
Technical provisions – index-linked and unit-linked
Technical provisions calculated as a whole
Best Estimate
Risk margin
Other technical provisions
Contingent liabilities
Provisions other than technical provisions
Pension benefit obligations
Deposits from reinsurers
Deferred tax liabilities
Derivatives
Debts owed to credit institutions
Debts owed to credit institutions resident domestically
Debts owed to credit institutions resident in the euro area other than domestic
Debts owed to credit institutions resident in rest of the world
Financial liabilities other than debts owed to credit institutions
Debts owed to non-credit institutions
Debts owed to non-credit institutions resident domestically
Debts owed to non-credit institutions resident in the euro area other than domestic
Debts owed to non-credit institutions resident in rest of the world
Other financial liabilities (debt securities issued)
Insurance & intermediaries payables
Reinsurance payables(trade, not insurance)
Page | 90 Payables
Subordinated liabilities
Subordinated liabilities not in Basic Own Funds
Subordinated liabilities in Basic Own Funds
Any other liabilities, not elsewhere shown
Total liabilities
Excess of assets over liabilities

R0510
R0520
R0530
R0540
R0550
R0560
R0570
R0580
R0590
R0600
R0610
R0620
R0630
R0640
R0650
R0660
R0670
R0680
R0690
R0700
R0710
R0720
R0730
R0740
R0750
R0760
R0770
R0780
R0790
R0800
ER0801
ER0802
ER0803
R0810
ER0811
ER0812
ER0813
ER0814
ER0815
R0820
R0830
R0840
R0850
R0860
R0870
R0880
R0900
R1000

541,889,153.80
541,889,153.80
472,467,869.61
69,421,284.19--

11,545,472.37
4,256,632.95
5,308,911.74
77,887,275.00
77,887,275.00
83,780,995.85
724,668,441.71
570,746,264.18

S.05.01.02
Premiums, claims and expenses by line of business: Non-Life (direct business/accepted proportional reinsurance and accepted non-proportional reinsurance)Line of Business for: non-life
insurance and reinsurance
obligations (direct business
Credit and suretyshipinsurance
C0090

Page | 91

Premiums written
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Premiums earned
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Claims incurred
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Changes in other technical provisions
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non- proportional reinsurance accepted
Reinsurers' share
Net
Expenses incurred
Administrative expenses
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Investment management expenses
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Claims management expenses
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Acquisition expenses
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Overhead expenses
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Other expenses
Total expenses

R0110
R0120
R0130
R0140
R0200
R0210
R0220
R0230
R0240
R0300
R0310
R0320
R0330
R0340
R0400
R0410
R0420
R0430
R0440
R0500
R0550
R0610
R0620
R0630
R0640
R0700
R0710
R0720
R0730
R0740
R0800
R0810
R0820
R0830
R0840
R0900
R0910
R0920
R0930
R0940
R1000
R1010
R1020
R1030
R1040
R1100
R1200
R1300

Line of Business for: accepted
non-proportional reinsurance

Total

Property
C0160

C0200

401,982,444.61
6,295,360.95
929,613.49
5,365,747.46

401,982,444.61
6,295,360.95
63,922,479.29
344,355,326.27

6,256,143.74
896,168.26
5,359,975.48

418,791,518.48
6,256,143.74
66,354,765.25
358,692,896.97

40,478,782.52
246,981,998.93

3,507,055.47
248,279.38
3,258,776.09

287,460,781.45
3,507,055.47
40,727,061.90
250,240,775.02

178,346,862.41

574,138.77

178,921,001.18

237,053.93

8,672,036.15
237,053.93

237,053.93

8,909,090.08

19,629.26

1,253,400.79
19,629.26

19,629.26

1,273,030.05

21,043.24

491,031.11
21,043.24

21,043.24

512,074.35

370,456.88
74,044.54
296,412.34

185,543,952.86
370,456.88
17,687,603.04
168,226,806.70

62,992,865.80
338,989,578.81

418,791,518.48
65,458,596.99
353,332,921.49

287,460,781.45

8,672,036.15

8,672,036.15

1,253,400.79

1,253,400.79

491,031.11

491,031.11

185,543,952.86
17,613,558.50
167,930,394.36

178,921,001.18

S.05.02.01

Premiums, claims and expenses by country
Home
Country
C0010
R0010
C0080
Premiums written
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Premiums earned
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Claims incurred
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non-proportional reinsurance accepted
Reinsurers' share
Net
Changes in other technical provisions
Gross - Direct Business
Gross - Proportional reinsurance accepted
Gross - Non- proportional reinsurance accepted
Reinsurers'share
Net
Expenses incurred
Other expenses
Total expenses

Page | 92

C0020
Spain
C0090

Top 5 countries (by amount of gross premiums written)- non-life obligations
C0030
C0040
C0050
China
United States Russian Federation
C0100
C0110
C0120

Total Top 5 and home country
C0060
Brazil
C0130

C0070
C0140

R0110
R0120 566,918.78
R0130
0.00
R0140
0.00
R0200 566,918.78

185,182,698.90
56,209.00
5,151,758.73
180,087,149.17

48,195,019.55
1,149,887.83
26,085,526.98
23,259,380.40

24,892,486.02
0.00
5,362,432.36
19,530,053.66

24,058,180.04
145,116.27
21,752,087.54
2,451,208.77

23,650,084.23
591,092.86
7,035,223.11
17,205,953.98

306,545,387.52
1,942,305.96
65,387,028.72
243,100,664.76

R0210
R0220 425,690.51
R0230
0.00
R0240
0.00
R0300 425,690.51

205,010,931.90(29,694.20)
5,777,443.95
199,203,793.75

42,230,496.66
1,149,887.83
24,346,926.15
19,033,458.34

24,342,034.11
0.00
5,262,243.89
19,079,790.22

23,786,568.81
145,116.27
9,243,071.43
14,688,613.65

24,449,990.07
613,221.63
10,764,077.02
14,299,134.68

320,245,712.06
1,878,531.53
55,393,762.44
266,730,481.15

R0310
R0320 212,845.26
R0330
0.00
R0340
0.00
R0400 212,845.26

124,716,546.50(363.33)(1,104,322.99)
125,820,506.16

45,477,517.88
175,501.77
21,547,632.98
24,105,386.67

11,138,339.44
1,117,073.20
10,021,266.24

14,347,410.09
10,557.90
5,198,510.95
9,159,457.04

7,373,327.00
361,420.70
4,515,677.91
3,219,069.79

203,265,986.17
547,117.04
31,274,572.05
172,538,531.16

105,013,048.90

5,059,399.12

9,002,757.36

5,133,156.45

5,668,942.55

130,021,020.79

R0410
R0420
R0430
R0440
R0500
R0550 143,716.41
R1200
R1300

130,021,020.79

S.17.01.02
Non-Life Technical Provisions

Technical provisions calculated as a whole
Direct businessAccepted proportional reinsurance businessAccepted non-proportional reinsurance
Total Recoverables from reinsurance/SPV and Finite Re after the adjustment for expected losses due to counterparty
default associated to TP calculated as a whole
Technical provisions calculated as a sum of BE and RM
Best estimate
Premium provisions
Gross - Total
Gross - direct business
Gross - accepted proportional reinsurance business
Gross - accepted non-proportional reinsurance businessTotal recoverable from reinsurance/SPV and Finite Re before the adjustment for expected losses due tocounterparty default
Recoverables from reinsurance (except SPV and Finite Reinsurance) before adjustment for expected
lossesRecoverables from SPV before adjustment for expected losses
Recoverables from Finite Reinsurance before adjustment for expected losses
Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due tocounterparty default
Net Best Estimate of Premium Provisions
Claims provisions
Gross - Total
Gross - direct business
Gross - accepted proportional reinsurance business
Gross - accepted non-proportional reinsurance businessTotal recoverable from reinsurance/SPV and Finite Re before the adjustment for expected losses due tocounterparty default
Recoverables from reinsurance (except SPV and Finite Reinsurance) before adjustment for expected
lossesRecoverables from SPV before adjustment for expected losses
Recoverables from Finite Reinsurance before adjustment for expected losses
Total recoverable from reinsurance/SPV and Finite Re after the adjustment for expected losses due tocounterparty default
Net Best Estimate of Claims Provisions
Total Best estimate - grossTotal Best estimate - net
Risk margin
Amount of the transitional on Technical Provisions
TP as a whole
Best estimate
Risk margin
Technical provisions - total
Technical provisions - total
Recoverable from reinsurance contract/SPV and Finite Re after the adjustment for expected losses due tocounterparty default - total
Technical provisions minus recoverables from reinsurance/SPV and Finite Re- total
Line of Business: further segmentation (Homogeneous Risk Groups)
Premium provisions - Total number of homogeneous risk groups
Claims provisions - Total number of homogeneous risk groups
Cash-flows of the Best estimate of Premium Provisions (Gross)
Cash out-flows
Future benefits and claims
Future expenses and other cash-out flows
Cash in-flows
Future premiums
Other cash-in flows (incl. Recoverable from salvages and subrogations)Cash-flows of the Best estimate of Claims Provisions (Gross)
Cash out-flows
Future benefits and claims
Future expenses and other cash-out flows
Cash in-flows
Future premiums
Other cash-in flows (incl. Recoverable from salvages and subrogations)
Percentage of gross Best Estimate calculated using approximations
Best estimate subject to transitional of the interest rate
Technical provisions without transitional on interest rate
Best estimate subject to volatility adjustment
Technical provisions without volatility adjustment and without others transitional measures

Page | 93

Direct business and accepted

accepted non-proportional

Credit and suretyshipinsurance

Non-proportional property
reinsurance

Total Non-Life obligation

C0100

C0170

C0180

R0010
R0020
R0030
R0040
R0050

R0060
R0070
R0080
R0090

109,901,806.32-4,809,567.28

105,092,239.04-4,809,567.28

109,901,806.32-4,809,567.28

109,901,806.32

R0100

4,611,225.31-115,552.54

4,495,672.77

R0110

4,611,225.31-115,552.54

4,495,672.77

R0120
R0130
R0140

4,615,921.10-115,203.98

4,500,717.12

R0150

105,285,885.23-4,694,363.30

100,591,521.92

R0160
R0170
R0180
R0190

361,008,611.22

6,367,019.35

6,367,019.35

367,375,630.57
361,008,611.22
6,367,019.35

R0200

52,406,436.93

791,371.41

53,197,808.34

R0210

52,406,436.93

791,371.41

53,197,808.34

361,008,611.22

R0220
R0230
R0240

51,692,882.22

787,549.25

52,480,431.47

R0250
R0260
R0270
R0280

309,315,729.00
470,910,417.54
414,601,614.23
68,007,975.64

5,579,470.10
1,557,452.07
885,106.79
1,413,308.55

314,895,199.10
472,467,869.61
415,486,721.02
69,421,284.19

R0320

538,918,393.18

2,970,760.62

541,889,153.80

R0330

56,308,803.31

672,345.28

56,981,148.59

R0340

482,609,589.87

2,298,415.34

484,908,005.21

R0350
R0360

27.00
29.00

3.00
4.00

R0370
R0380

283,498,962.44
31,157,963.63

664,911.39
583,756.70

284,163,873.83
31,741,720.33

R0390
R0400

175,831,360.69
28,923,759.06

5,836,308.73
221,926.64

181,667,669.42
29,145,685.70

R0410
R0420

451,932,958.96
12,123,944.65

7,466,832.71
45,751.56

459,399,791.67
12,169,696.21

R0430
R0440
R0450
R0460
R0470
R0480
R0490

864,361.32
102,183,931.08

1,145,564.92

864,361.32
103,329,496.00

R0290
R0300
R0310

S.25.02.21

Solvency Capital Requirement - for undertakings using the standard formula and partial internal model

S.25.02.21.01
Component-specific information

Unique number of component

Components Description

C0010

C0020
1
2
3
4
5
7
8
9

Page | 94

Market Risk
Counterparty default risk
Life underwriting risk
Health Underwriting risk
Non-life underwriting risk
Operational risk
LAC Technical Provisions
LAC Deffered Taxes

Calculation of the Solvency
Capital Requirement
C0030
72,986,279.00
9,969,852.00
0.00
0.00
261,149,676.00
14,174,036.00
0.00
0.00

Allocation from adjustments due
to RFF and Matching
adjustments portfolios
C0050
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

Consideration of the future management actions
regarding technical provisions and/or deferred taxes
C0060
No embedded consideration of future management actions
No embedded consideration of future management actions
No embedded consideration of future management actions
No embedded consideration of future management actions
No embedded consideration of future management actions
No embedded consideration of future management actions
No embedded consideration of future management actions
No embedded consideration of future management actions

Amount modelled
C0070
0.00
0.00
0.00
0.00
257,574,835.00
0.00
0.00
0.00

Solvency Capital Requirement - for undertakings using the standard formula and partial internal model
S.25.02.21.02
Calculation of Solvency Capital Requirement
C0100
Total undiversified components
Diversification
Adjustment due to RFF/MAP nSCR aggregation
Capital requirement for business operated in accordance with Art. 4 of Directive 2003/41/EC
Solvency capital requirement excluding capital add-on
Capital add-ons already set
Solvency capital requirement
Other information on SCR
Amount/estimate of the overall loss-absorbing capacity of technical provisions
Amount/estimate of the overall loss-absorbing capacity of deferred taxes
Capital requirement for duration-based equity risk sub-module
Total amount of Notional Solvency Capital Requirements for remaining part
Total amount of Notional Solvency Capital Requirement for ring fenced funds
Total amount of Notional Solvency Capital Requirement for matching adjustment portfolios
Diversification effects due to RFF nSCR aggregation for article 304
Method used to calculate the adjustment due to RFF/MAP nSCR aggregation
Net future discretionary benefits

R0110
R0060
R0120
R0160
R0200
R0210
R0220

358,279,843.00-50,638,305.00

307,641,538.00
307,641,538.00

R0300
R0310
R0400
R0410
R0420
R0430
R0440
R0450
R0460

S.25.02.01.03
Approach to tax rate

Approach based on average tax rate

Yes/NoC0109
R0590 Approach based on average tax rate is not applicable as LAC DT is not used

S.25.02.01.05
Calculation of loss absorbing capacity of deferred taxes
LAC DT
C0130
Amount/estimate of LAC DT
Amount/estimate of LAC DT justified by reversion of deferred tax liabilities
Amount/estimate of LAC DT justified by reference to probable future taxable economic profit
Amount/estimate of AC DT justified by carry back, current year
Page | 95Amount/estimate of LAC DT justified by carry back, future years
Amount/estimate of Maximum LAC DT

R0640
R0650
R0660
R0670
R0680
R0690

S.28.01.01 Minimum Capital Requirement - Only life or only non-life insurance or reinsurance activity

S.28.01.01.01
Linear formula component for non-life insurance and reinsurance obligations

MCRNL Result

R0010

MCR components
C0010
117,269,359.34

S.28.01.01.02
Background information
Background information
Net (of reinsurance/SPV) best
Net (of reinsurance) written
estimate and TP calculated as apremiums in the last 12 months
whole
C0020
C0030
Medical expense insurance and proportional reinsurance
Income protection insurance and proportional reinsurance
Workers' compensation insurance and proportional reinsurance
Motor vehicle liability insurance and proportional reinsurance
Other motor insurance and proportional reinsurance
Marine, aviation and transport insurance and proportional reinsurance
Fire and other damage to property insurance and proportional reinsurance
General liability insurance and proportional reinsurance
Credit and suretyship insurance and proportional reinsurance
Legal expenses insurance and proportional reinsurance
Assistance and proportional reinsurance
Miscellaneous financial loss insurance and proportional reinsurance
Non-proportional health reinsurance
Non-proportional casualty reinsurance
Non-proportional marine, aviation and transport reinsurance
Non-proportional property reinsurance

R0020
R0030
R0040
R0050
R0060
R0070
R0080
R0090
R0100
R0110
R0120
R0130
R0140
R0150
R0160
R0170

414,601,614.23

379,397,333.36

885,106.79

5,335,503.72

S.28.01.01.05
Overall MCR calculation

Page | 96

Linear MCR
SCR
MCR cap
MCR floor
Combined MCR
Absolute floor of the MCR
Minimum Capital Requirement

R0300
R0310
R0320
R0330
R0340
R0350
R0400

C0070
117,269,359.34
307,641,537.68
138,438,691.96
76,910,384.42
117,269,359.34
3,600,000.00
117,269,359.34

S.23.01.01.01
Own funds
Total
C0010
Basic own funds before deduction for participationsin other financial sector as foreseen in article 68 ofDelegated Regulation 2015/35
Ordinary share capital (gross of own shares)
Share premium account related to ordinary
share capital
Initial funds, members' contributions or theequivalent basic own - fund item for mutual andmutual-type undertakings
Subordinated mutual member accounts
Surplus funds
Preference shares
Share premium account related to preference
sharesReconciliation reserve
Subordinated liabilities
An amount equal to the value of net deferred tax
assetsOther own fund items approved by thesupervisory authority as basic own funds not
specified above
Own funds from the financial statements that should
not be represented by the reconciliation reserve anddo not meet the criteria to be classified as Solvency
II own funds
Own funds from the financial statements thatshould not be represented by the reconciliation
reserve and do not meet the criteria to beclassified as Solvency II own funds
Deductions
Deductions for participations in financial andcredit institutions
Total basic own funds after deductions
Ancillary own funds
Total ancillary own funds
Available and eligible own funds
Total available own funds to meet the SCR
Total available own funds to meet the MCR
Total eligible own funds to meet the SCR
Total eligible own funds to meet the MCR
SCRPage | 97
MCR
Ratio of Eligible own funds to SCR
Ratio of Eligible own funds to MCR

R0010

Tier 1 - unrestricted
C0020

Tier 1 - restricted
C0030

Tier 2
C0040

Tier 3C0050

635,000.00

635,000.00

R0130
R0140

275,831,195.52
77,887,275.00

275,831,195.52

R0160

15,226,057.87

R0180

279,054,010.79

279,054,010.79

648,633,539.18

555,520,206.31

77,887,275.00

15,226,057.87

648,633,539.18
633,407,481.31
648,633,539.18
578,974,078.18
307,641,537.68
117,269,359.34
210.84%493.71%

555,520,206.31
555,520,206.31
555,520,206.31
555,520,206.31

77,887,275.00
77,887,275.00
77,887,275.00
23,453,871.87

15,226,057.87

R0030
R0040
R0050
R0070
R0090
R0110
77,887,275.00
15,226,057.87

R0220

R0230
R0290
R0400
R0500
R0510
R0540
R0550
R0580
R0600
R0620
R0640

15,226,057.87

S.23.01.02
Reconciliation reserve

C0060
Reconciliation reserve
Excess of assets over liabilities
Own shares (held directly and indirectly)
Foreseeable dividends, distributions and charges
Other basic own fund items
Adjustment for restricted own fund items in
respect of matching adjustment portfolios andring fenced funds
Reconciliation reserve
Expected profits
Expected profits included in future premiums(EPIFP) - Life business
Expected profits included in future premiums(EPIFP) - Non-life businessTotal Expected profits included in future premiums(EPIFP)

Page | 98

R0700
R0710

570,746,264.18

R0720
R0730

294,915,068.66

R0740
R0760

275,831,195.52

R0770
R0780

2,804,820.97

R0790

2,804,820.97

S.19.01.21.01
Non life insurance claims
S.19.01.21.01
Gross Claims Paid (non-cumulative) - Development year (absolute amount). Total Non-Life Business

COLUMN_AXIS
Prior
N-9
N-8
N-7
N-6
N-5
N-4
N-3
N-2
N-1
N

ORD_Y
R0100
R0160
R0170
R0180
R0190
R0200
R0210
R0220
R0230
R0240
R0250

Accident year / Underwriting
year
Z0020
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]

0

1

2

3

4

5

6

7

8

9

C0010

C0020

C0030

C0040

C0050

C0060

C0070

C0080

C0090

C0100

29,144,235.15
34,826,561.49
21,163,978.83
46,536,105.10
34,163,855.95
32,306,952.07
28,650,999.55
29,313,998.27

11,275,518.17
14,827,133.28
11,821,220.31
14,355,747.16
8,997,076.30
9,490,704.78
6,792,786.62

1,057,281.57
5,707,394.72
4,000,437.20
9,062,828.91
3,706,266.07
4,658,058.49

1,233,568.31
1,338,496.55
4,072,059.82
3,090,334.55
5,938,900.65

3,108,116.28
850,753.60
1,933,175.63
724,039.03

236,978.26
1,919,000.26
2,708,045.94

1,663,952.59
2,204,877.63-7,083.37

24,046,455.90
34,857,481.16
39,876,025.70
42,436,514.69
39,121,475.94
49,969,109.47
50,662,552.90
44,847,696.73
44,984,693.36
31,372,703.76

73,035,521.59
83,391,807.54
75,545,683.83
108,020,604.07
117,469,779.78
88,634,432.61
97,226,975.71
119,199,668.17
135,881,528.41

10 & +In Current year

C0110
2,790,253.19

R0100
R0160
R0170
R0180
R0190
R0200
R0210
R0220
R0230
R0240
R0250
R0260

C0170
2,790,253.19-7,083.37
2,204,877.63
2,708,045.94
724,039.03
5,938,900.65
4,658,058.49
6,792,786.62
29,313,998.27
135,881,528.41
31,372,703.76
222,378,108.62

R0100
R0160
R0170
R0180
R0190
R0200
R0210
R0220
R0230
R0240
R0250
R0260

Year end(discounted
data)
C0360
31,642,468.25
7,979,840.14
40,297,727.29
12,109,491.57
17,852,643.81
15,517,733.97
6,923,464.17
27,516,032.77
46,445,939.28
79,641,225.97
81,449,063.35
367,375,630.57

S.19.01.21.03
Gross undiscounted Best Estimate Claims Provisions - Development year (absolute amount). Total Non-Life Business
Accident year / Underwriting
year
COLUMN_AXIS
Prior
N-9
N-8
N-7
N-6
N-5
N-4
N-3
N-2
N-1
N

Page | 99

ORD_Y
R0100
R0160
R0170
R0180
R0190
R0200
R0210
R0220
R0230
R0240
R0250

Z0020
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]
Underwriting year [UWY]

0

1

2

3

4

5

6

7

8

9

C0200

C0210

C0220

C0230

C0240

C0250

C0260

C0270

C0280

C0290

17,719,566.97
26,175,357.01
14,315,824.06
17,897,746.30
15,990,909.67

13,616,276.77
29,037,995.85
13,216,032.81
18,487,944.73

12,917,230.07
27,229,833.67
12,316,335.70

7,984,381.18
41,602,086.69

7,956,803.89

50,800,745.37
53,028,981.75
68,685,250.38
76,171,528.69
81,905,305.85

62,096,678.96
41,347,555.75
49,908,758.04
49,013,439.64
80,369,525.86

52,028,387.76
36,081,645.00
25,466,617.66
26,115,601.48
47,840,071.83

20,864,414.48
45,685,839.63
29,922,926.29
16,509,405.18
28,782,066.23

22,014,854.01
17,959,744.38
34,744,826.31
18,604,315.66
7,459,522.68

10 & +
C0300
31,467,667.85

Sum of years(cumulative)
C0180
2,790,253.19
144,794,544.45
179,923,506.23
161,120,627.26
224,226,173.51
209,397,354.69
185,059,257.42
183,333,314.78
193,361,363.17
180,866,221.77
31,372,703.76
1,696,245,320.23

F-2: Detailed reconciliation of the balance sheet in accordance with thefinancial statements and Solvency II
Amounts x €1000

Statutory Accounts(Irish GAAP)

Reclassification
Differences

Valuation
Differences

Solvency II

Goodwill---

Other intangible assets

-

-

-

Goodwill & Other intangible assets
Property, Plant & Equipment-

56

Property (other than own use)-

Participations--

Other financial investments
Cash deposits--

1,072,007

-

5,599

761

Investments

56-

1,077,607(761)

1,072,768

Reinsurance share of TP

89,051Best Estimate Solvency II-

Reinsurance recoverables
Deposits to Cedants
Deferred Acquisition Costs

1,077,607

89,051
36,83571,591

Insurance receivables ( policyholder, intermediaries )10,377

Adj: Total future Premium (incl. XL) and commission (Pipeline)

137,151

Insurance Receivables (policyholder, intermediaries)
Other Receivables (trade, other)
Deferred Tax Assets
Current income tax assets(89,051)-

56,981

56,981

56,981
36,835-(71,591)
-

7,741

2,636
(137,151)

147,528
8,391

-

7,741
521
15,227
-

521
6,836
-

Other assets and Accruals

815

(286)

Current Tax Assets

475

(475)

5,640

(5,686)

Accrued interest financial investments
Adj: UPR considered as Customer deposits (ceded)-

Adj: DAC considered as Customer deposits (gross)-

Adj: Commissions considered as Accrual-

Adj: Commisison Sliding Scales due to impact of LAT-(Any) Other Assets, not elsewhere shown

(426)

103
-

21,02746
21,027
-

9,377

9,377
-

6,930

Cash and Cash equivalents

30,46069,227

Total Assets

69,988761

1,502,377

6,413 -

213,376

1,295,415

Provisions Irish GAAP

532,359-

532,359

UPR (Unearned Premium Reserve) & AURR Irish GAAP

193,513-

193,513-472,468

472,468

69,421

69,421Best Estimate Solvency II-

Risk Margin Solvency II-

Gross Technical Provisions-

725,872

541,889

Cash deposits from reinsurers

33,258

Reinsurance accounts payable
Adj: Total future Premium (incl XL) incl. comm. (ceded Pipeline)(17,453)

29,061(Re)insurance accounts payable
Deferred Tax Liabilities
Current income tax liabilities
Other provisions (non technical)
Amounts owned credit institut.
Payables (trade, other)Pension benefit obligations

15,805(29,061)

62,3195,309--

15,805
5,309
-

-

-

Adj: Total URC (Unearned Reinsurance Commission)

4,275(4,275)-

Adj. total future premium (return premium provision)

11,051(11,051)

-

47

52

5

15,97815,97816,465

16,465

8,711

32,57918,75318,753

Other liabilities and Accruals-

Adj: UPR considered as Customer deposits (gross)-

Adj: URC considered as Customer deposits-

Adj: Commissions considered as Accrual-

Adj: Commisison Sliding Scales due to impact of LAT-

23,867(Any) Other liabilities

15,279Total Liabilities

808,779

Own funds (capital and reserves)
Subordinated Loan (Solvency2)618,598
75,000-Own Funds

693,598-

Page | 100

83,7796,414 -

168,411646,7810 -47,852
2,887

570,746
77,88744,965648,633

0 -Page | 101

Page | 102

Page | 103