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2021
€’000

2020
%

€’000

%

Europe222,843

55% 240,903

57%

Americas86,04322%

81,52119%

Asia

73,00018%

76,86518%

Middle East

7,902

2%

8,318

2%

Africa

6,993

2%

7,521

2%

Oceania

5,839

1%

9,920

2%

Total

402,620

100% 425,048

100%

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TPE 2021€’000%

TPE 2020€’000%

Europe65,335,607

54.06%

109,548,606

65.92%

Asia

19,102,870

15.81%

26,394,670

15.88%

North America

24,767,551

20.49%

18,564,598

11.17%South America

7,747,969

6.41%

5,915,302

3.56%

Oceania

2,001,650

1.66%

3,215,542

1.94%

Africa1,894,885

1.57%

2,537,263

1.53%

Total

120,850,532

100.00%166,175,981

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All amounts in thousands of Euro, unless otherwise stated

AssetsProperty, 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)
Total

Page | 65

FY21

FY21

Solvency II

Stat. Acc. (Irish GAAP)

Difference

14940,232
48,84533,84014,6220068,58039,72614
937,600
83,37933,840183,340
69,284439
66,973
5,295

0
2,632
(34,534)
0(168,718)(69,284)
(439)
1,607
34,431

1,145,859

1,380,164(234,305)

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

Page | 70

Accepted
proportional
credit andsuretyshipreinsurance
391.9
48.3

Accepted nonproportional
credit andsuretyshipreinsurance
0.6
0.5

392.5
48.8

343.6

0.1

343.7

55.3

0.8

56.1

Total

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All amounts in thousands of Euro, unless otherwise stated

Liabilities

Page | 72

FY21
Solvency 2

FY21
Stat. Acc. (Irish GAAP)

Difference(Re)insurance accounts payable
Payables (trade, not insurance)
Deferred tax liabilities
Any other liabilities

19,0195,904
5,933
80,39275,162 *
5,087
2,029
17,421 *56,143(817)(3,904)(62,971)

Total

111,248

99,699(11,549)

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SE.02.01.02.01

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
Page | 84 Reinsurance receivables
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

13,801.99
940,232,168.33

74,366,852.85
74,366,852.85
831,219,207.99
271,245,037.78
559,974,170.20

28,463,243.48
6,182,864.01

48,844,690.30
48,844,690.30
48,844,690.30

33,839,494.31
10,663,817.32
3,559,040.70
399,234.65

68,579,920.76
39,726,807.21
1,145,858,975.57

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
Page | 85 Payables (trade, not insurance)
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

448,631,666.67
448,631,666.67
392,514,327.67
56,117,339.00

5,932,952.05

15,212,314.96
3,806,339.71
5,904,463.61

80,392,103.24
559,879,840.24
585,979,135.33

S.05.01.02
Premiums, claims and expenses by line of business: Non-Life (direct business/accepted proportional reinsurance and accepted non-proportional reinsurance)

Page | 86

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: non-life
insurance and reinsurance
obligations (direct business andaccepted proportional
reinsurance)Line of Business for: accepted
non-proportional reinsurance

Credit and suretyship insurance

Property

C0090

C0160

C0200

378,277,307.63
51,705,789.12
326,571,518.51

6,675,227.51
978,319.08
5,696,908.43

378,277,307.63
6,675,227.51
52,684,108.20
332,268,426.94

6,661,428.63
978,455.96
5,682,972.67

395,957,746.82
6,661,428.63
59,138,814.55
343,480,360.90

9,703,384.51
1,756,388.69
7,946,995.82

114,231,057.70
9,703,384.51
16,001,676.41
107,932,765.80

395,957,746.82
58,160,358.59
337,797,388.23

114,231,057.70
14,245,287.72
99,985,769.98

161,143,128.65

638,958.25

9,676,983.04

9,676,983.04

9,676,983.04
304,156.95

304,156.95

9,981,139.99

22,516.00

1,275,962.02
22,516.00

22,516.00

1,298,478.02

26,728.27

594,153.40
26,728.27

26,728.27

620,881.67

345,499.28
59,942.25
285,557.03

165,186,979.95
345,499.28
15,650,892.01
149,881,587.22

594,153.40

594,153.40

165,186,979.95
15,590,949.76
149,596,030.19

161,782,086.90

304,156.95

1,275,962.02

1,275,962.02

Total

161,782,086.90

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 | 87

C0020
Spain
C0090

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

Total Top 5 and home country
C0060
Brazil
C0130

C0070
C0140

R0110
R0120 480,276.31 141,414,500.20
R0130
0.00
64,513.00
R0140
0.00
3,329,707.06
R0200 480,276.31 138,149,306.14

42,698,699.42
2,483,827.76
14,575,072.76
30,607,454.42

30,648,233.32
466,458.93
12,046,397.63
19,068,294.62

29,852,155.04
0.00
6,131,623.25
23,720,531.79

26,284,398.68
747,652.50
6,417,044.86
20,615,006.32

271,378,262.97
3,762,452.19
42,499,845.56
232,640,869.60

R0210
R0220 428,228.58 160,842,452.70
R0230
0.00
83,278.67
R0240
0.00
3,701,881.78
R0300 428,228.58 157,223,849.59

44,666,770.42
2,483,827.76
20,154,315.64
26,996,282.54

30,657,797.33
466,458.93
13,196,675.27
17,927,580.99

28,208,266.62
0.00
5,884,495.29
22,323,771.33

24,533,682.48
708,089.91
5,946,895.95
19,294,876.44

289,337,198.13
3,741,655.27
48,884,263.93
244,194,589.47

R0310
R0320 214,114.30
R0330
0.00
R0340
0.00
R0400 214,114.30

13,330,507.58
1,020.75(1,228,608.29)
14,560,136.62

32,471,265.01
5,128,461.30
16,323,872.06
21,275,854.25

12,876,335.47
2,956,049.87
5,610,326.18
10,222,059.16

3,526,326.58
0.00
427,558.30
3,098,768.28

4,404,764.30
1,094,924.42(14,742.48)
5,514,431.20

66,823,313.24
9,180,456.34
21,118,405.77
54,885,363.81

76,520,145.83

5,755,673.14

7,198,159.61

11,571,737.31

9,854,237.82

111,086,933.47

R0410
R0420
R0430
R0440
R0500
R0550 186,979.76
R1200
R1300

111,086,933.47

S.17.01.02.01
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

R0010
R0020
R0030
R0040

Recoverables from reinsurance (except SPV and Finite Reinsurance) before adjustment for expected losses
Recoverables 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

Direct business and accepted

Accepted non-proportional

Credit and suretyship insurance

Non-proportional property
reinsurance

Total Non-Life obligation

C0100

C0170

C0180

R0050

R0060
R0070
R0080
R0090

30,622,564.26(6,687,058.27)

23,935,506.00(6,687,058.27)

30,622,564.26(6,687,058.27)

R0100
R0110

(2,437,587.15)(125,345.92)(2,562,933.07)(2,437,587.15)(125,345.92)(2,562,933.07)

30,622,564.26

R0120
R0130
R0140

(2,442,429.85)(124,136.80)(2,566,566.65)

R0150

33,064,994.11`
361,242,825.36(6,562,921.47)

26,502,072.64

7,335,996.68

368,578,822.04

7,335,996.68

361,242,825.36
7,335,996.68

R0160
R0170
R0180
R0190

361,242,825.36

R0200

51,112,567.30

638,070.19

51,750,637.48

Recoverables from reinsurance (except SPV and Finite Reinsurance) before adjustment for expected losses

R0210

51,112,567.30

638,070.19

51,750,637.48

Recoverables 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 to counterparty
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

R0220
R0230

Page | 88

R0240

50,790,656.19

620,600.76

51,411,256.95

R0250
R0260
R0270
R0280

310,452,169.17
391,865,389.62
343,517,163.28
55,300,491.32

6,715,395.92
648,938.42
152,474.46
816,847.32

317,167,565.10
392,514,328.04
343,669,637.74
56,117,338.63

R0320

447,165,880.94

1,465,785.73

448,631,666.67

R0330

48,348,226.34

496,463.96

48,844,690.30

R0340

398,817,654.60

969,321.77

399,786,976.37

R0350
R0360

27.00
29.00

3.00
4.00

R0370
R0380

228,577,292.24
49,141,582.54

958,731.34
613,116.20

229,536,023.58
49,754,698.74

R0390
R0400

223,748,312.83
23,347,997.69

7,876,184.48
382,721.32

231,624,497.31
23,730,719.01

R0410
R0420

428,459,127.32
9,620,263.06

8,405,943.78
49,034.19

436,865,071.10
9,669,297.25

R0430
R0440
R0450
R0460
R0470
R0480
R0490

655,063.78
76,181,501.24

1,118,981.29

655,063.78
77,300,482.53

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 | 89

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
77,790,619.00
10,673,564.00
0.00
0.00
172,348,669.00
11,956,441.00
0.00(7,737,912.71)

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
169,282,882.00
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

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

C0100
265,031,380.29(49,087,440.32)

215,943,939.97
215,943,939.97

R0300
R0310
R0400
R0410
R0420
R0430
R0440
R0450
R0460

(7,737,912.71)

S.25.02.21.03
Approach to tax rate

Approach based on average tax rate

R0590

Yes/NoC0109
Approach not based on average tax rate

S.25.02.21.05
Calculation of loss absorbing capacity of deferred taxes
LAC DT
C0130
Amount/estimate of LAC DT
of LAC DT justified by reversion of deferred tax liabilities
PageAmount/estimate| 90
Amount/estimate of LAC DT justified by reference to probable future taxable economic profit
Amount/estimate of AC LDT justified by carry back, current year
Amount/estimate of LAC DT justified by carry back, future years
Amount/estimate of Maximum LAC DT

R0640
R0650
R0660
R0670
R0680
R0690

(7,737,912.71)(6,476,782.64)(1,261,130.07)(18,219,627.45)

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

MCRNL Result

R0010

MCR components
C0010
100,002,488.36

S.28.01.01.02
Background information
Background information
Net (of
Net (of reinsurance)
reinsurance/SPV) best
written premiums in theestimate and TP
last 12 months
calculated as a 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 andproportional reinsurance
Fire and other damage to property insurance andproportional 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 andproportional 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

343,517,163.28

338,847,650.25

R0170

152,474.46

5,545,948.02

R0300
R0310
R0320
R0330
R0340
R0350
R0400

C0070
100,002,488.36
215,943,939.97
97,174,772.99
53,985,984.99
97,174,772.99
3,600,000.00
97,174,772.99

R0110
R0120
R0130
R0140
R0150
R0160

S.28.01.01.05
Overall MCR calculation

Page | 91

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

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
SCR | 92
Page
MCR
Ratio of Eligible own funds to SCR
Ratio of Eligible own funds to MCR

R0010

Tier 1 - unrestricted
C0020

635,000.00

635,000.00

277,014,932.00

277,014,932.00

279,054,010.79

279,054,010.79

556,703,942.79

556,703,942.79

556,703,942.79
556,703,942.79
556,703,942.79
556,703,942.79
215,943,939.97
97,174,772.99
257.80%572.89%556,703,942.79
556,703,942.79
556,703,942.79
556,703,942.79

R0030
R0040
R0050
R0070
R0090
R0110
R0130
R0140
R0160
R0180

R0220

R0230
R0290
R0400
R0500
R0510
R0540
R0550
R0580
R0600
R0620
R0640

Tier 1 - restricted
C0030

Tier 2
C0040

Tier 3C0050

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 | 93

R0700
R0710

585,979,135.33

R0720

29,275,192.54

R0730

279,689,010.79

R0740
R0760

277,014,932.00

R0770
R0780

25,672,879.85

R0790

25,672,879.85

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

35,547,155.31
40,506,684.35
43,428,921.37
40,065,739.68
51,322,807.10
51,561,356.43
45,896,267.79
46,032,967.02
32,469,231.09
7,352,050.17

85,319,935.64
76,996,966.60
112,868,429.50
121,755,021.86
90,884,447.35
100,190,036.03
122,701,633.03
139,549,263.32
46,274,216.89

36,335,606.51
22,186,932.71
49,416,165.49
35,621,703.98
33,339,825.49
29,635,599.38
30,285,172.01
35,558,174.81

15,507,194.90
12,610,611.69
15,190,740.83
9,716,088.74
9,947,765.76
6,938,248.35
11,235,682.24

5,962,218.77
4,177,263.34
9,488,778.37
3,749,997.89
4,753,362.81
6,493,258.35

1,408,331.34
4,083,933.41
3,160,831.43
6,171,438.00
2,294,395.70

882,569.67
1,952,302.25
784,798.67
1,913,958.85

2,039,015.21
2,660,059.35
4,784,444.56

2,248,193.19
328,373.67

12,506,243.88

10 & +
C0110(471,446.61)

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

C0170
(471,446.61)
12,506,243.88
328,373.67
4,784,444.56
1,913,958.85
2,294,395.70
6,493,258.35
11,235,682.24
35,558,174.81
46,274,216.89
7,352,050.17
128,269,352.51

C0300
37,248,454.80 R0100
R0160
R0170
R0180
R0190
R0200
R0210
R0220
R0230
R0240
R0250
R0260

Year end (discounted
data)
C0360
36,667,445.85
23,185,019.11
8,823,604.73
12,446,978.62
12,951,803.77
13,809,294.00
18,004,336.69
24,505,032.81
52,882,704.19
93,780,715.82
71,521,886.44
368,578,822.04

S.19.01.21.03
Gross undiscounted Best Estimate Claims Provisions - 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

Page | 94

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

C0200

C0210

C0220

C0230

C0240

C0250

C0260

C0270

C0280

C0290

28,661,262.28
12,440,111.70
13,135,517.48

44,113,727.99
9,910,422.08

24,381,776.88

52,585,688.44
54,852,887.18
70,975,466.57
78,456,640.91
90,379,955.07
73,399,977.77

64,308,447.10
42,879,537.63
51,544,524.44
50,600,928.86
84,528,100.94
95,224,774.86

54,362,679.99
37,134,334.25
26,252,777.37
26,954,990.85
49,345,751.88
54,188,000.93

21,481,018.47
47,736,614.69
30,855,261.83
16,727,938.63
29,637,801.98
25,367,238.46

22,742,661.80
18,412,643.43
36,386,776.56
18,958,749.29
7,305,483.85
18,672,403.27

27,152,590.34
14,663,157.64
18,726,234.31
15,986,326.47
15,498,874.06

29,063,884.66
13,354,382.27
19,146,806.62
13,920,630.32

10 & +

Sum of years(cumulative)
C0180(471,446.61)
197,756,464.42
165,503,127.37
239,123,110.22
218,993,949.00
192,542,604.21
194,818,498.54
210,118,755.07
221,140,405.15
78,743,447.98
7,352,050.17
1,725,620,965.52

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

1414

Property (other than own use)
Participations
Other financial investments
Cash deposits

929,813
7,787

Investments
Reinsurance share of TP

4,236(1,607)
937,600

940,232

83,379(83,379)
48,845

Best Estimate Solvency II

Reinsurance recoverables
Deposits to Cedants
Deferred Acquisition Costs
Insurance receivables ( policyholder, intermediaries )Adj: Total future Premium (incl. XL) and commission (Pipeline)

83,37933,84069,28433,570149,770(Re) Insurance Receivables (policyholders, reinsurers)
Other Receivables (trade, other)
Other assets and Accruals
Deferred Tax Assets
Current income tax assets
Accrued interest financial investments

934,050
6,182

48,845
48,84533,840(69,284)(19,501)
154(149,770)

14,069154

183,340
399
(209)
(439)
(344)
(4,236)

713
439
344
4,239

Adj: UPR considered as Customer deposits (ceded)

14,222
399
(503)

(3)
20,226

20,226

Adj: DAC considered as Customer deposits (gross)

19,501

Adj: Commissions considered as Accrual

19,501

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

5,734

Cash and Cash equivalents

Total Assets
Provisions Irish GAAPUPR (Unearned Premium Reserve) & AURR Irish GAAP

39,727

66,973

1,607

1,380,164(439)

537,512
187,366(537,512)(187,366)
392,515
56,117

Best Estimate Solvency II
Risk Margin Solvency II

Gross Technical Provisions

68,580(233,869)

1,145,859

392,515
56,117

724,878448,632

Cash deposits from reinsurers
Reinsurance accounts payable
Adj: Total future Premium (incl XL) incl. comm. (ceded Pipeline)

43,04832,114(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
Adj: Total URC (Unearned Reinsurance Commission)
Adj. total future premium (return premium provision)
Other liabilities and Accruals(24,030)(32,113)

19,018
1

75,162
2,029

(439)

4,342

19,019
5,933

5,087

27

790

5,904

4,156
11,377
1,887(27)

Adj: UPR considered as Customer deposits (gross)
Adj: URC considered as Customer deposits

24,030Adj: Commissions considered as Accrual
Adj: Commisison Sliding Scales due to impact of LAT(4,156)(11,377)92
19,19912,5838,700
13,928

1,952
19,19912,58332,73013,928(Any) Other liabilities

17,420Total Liabilities

824,576(439)(264,257)

559,880

Own funds (capital and reserves)

555,587-

30,391585,979

Own Funds

555,587-

30,391585,979

Page | 95

80,392

Page | 96

Page | 97

Page | 98