134:@0.049227:0.056159:0.070638:0.056159:0.070638:0.047246:0.049227:0.047246:0.006882:0.006801:0.007728 Financial statements:@0.744792:0.058552:0.904051:0.058552:0.904051:0.047968:0.744792:0.047968:0.008491:0.004533:0.009832:0.008587:0.009656:0.007885:0.004533:0.008587:0.004772:0.005714:0.007390:0.006560:0.008986:0.006560:0.008986:0.015450:0.008986:0.010167:0.006560:0.007023 7.1. Reconciliation of Note 7 to Statement of comprehensive net expenditure:@0.048387:0.103397:0.724647:0.103397:0.724647:0.092256:0.048387:0.092256:0.009913:0.004553:0.009980:0.004553:0.004637:0.014331:0.011845:0.009661:0.008653:0.010921:0.010837:0.008653:0.005124:0.005124:0.005124:0.009577:0.006972:0.005124:0.010921:0.010837:0.006468:0.010837:0.006888:0.006468:0.013861:0.010669:0.006804:0.009409:0.006048:0.008821:0.006048:0.006888:0.010837:0.006888:0.010165:0.007140:0.009913:0.007056:0.009997:0.016717:0.009913:0.011089:0.007140:0.006048:0.010837:0.006888:0.005628:0.008737:0.011089:0.016717:0.011341:0.007308:0.009913:0.011089:0.009913:0.011089:0.008065:0.005208:0.009913:0.009913:0.006384:0.011005:0.009829:0.007056:0.005628:0.009745:0.010165:0.011341:0.009829:0.011089:0.011341:0.005208:0.007056:0.011089:0.007308:0.009089 Reconciliation of Note 7 to:@0.051243:0.140753:0.252537:0.140753:0.252537:0.129612:0.051243:0.129612:0.010417:0.008569:0.007644:0.009577:0.009577:0.007560:0.004452:0.004452:0.004452:0.008401:0.006132:0.004452:0.009577:0.009577:0.004637:0.010265:0.006435:0.004872:0.012349:0.009493:0.006048:0.008401:0.004637:0.008216:0.004872:0.005964:0.010265 :@0.251596:0.140753:0.256200:0.140753:0.256200:0.129612:0.251596:0.129612:0.004603 comprehensive net expenditure:@0.050403:0.156431:0.293532:0.156431:0.293532:0.145289:0.050403:0.145289:0.007728:0.009913:0.014869:0.010081:0.006468:0.008821:0.009829:0.008821:0.009829:0.007140:0.004772:0.008669:0.008821:0.005208:0.009829:0.008821:0.006536:0.004217:0.008821:0.008989:0.010081:0.008737:0.009829:0.010081:0.004772:0.006065:0.009829:0.006468:0.009089 Ex-RHA:@0.336274:0.140456:0.391599:0.140456:0.391599:0.129315:0.336274:0.129315:0.007897:0.008317:0.006048:0.009745:0.011509:0.011811 ELS:@0.466146:0.140456:0.491028:0.140456:0.491028:0.129315:0.466146:0.129315:0.007813:0.007644:0.009425 CNST:@0.552839:0.140456:0.591919:0.140456:0.591919:0.129315:0.552839:0.129315:0.009241:0.011677:0.008317:0.009845 DHSC:@0.650790:0.140456:0.691683:0.140456:0.691683:0.129315:0.650790:0.129315:0.010837:0.011341:0.008233:0.010484 clinical:@0.641969:0.155838:0.690507:0.155838:0.690507:0.144697:0.641969:0.144697:0.007140:0.004200:0.004200:0.008989:0.004200:0.007056:0.007981:0.004772 ELGP:@0.754872:0.140456:0.791398:0.140456:0.791398:0.129315:0.754872:0.129315:0.007897:0.007728:0.010585:0.010316 ELSGP:@0.850790:0.140456:0.895800:0.140456:0.895800:0.129315:0.850790:0.129315:0.007897:0.007728:0.008401:0.010669:0.010316 £:@0.349966:0.186661:0.359022:0.186661:0.359022:0.175520:0.349966:0.175520:0.009056 0 0 0:@0.358031:0.185289:0.379829:0.185289:0.379829:0.180276:0.358031:0.180276:0.004075:0.004915:0.004075:0.004658:0.004075 s:@0.384659:0.186661:0.391783:0.186661:0.391783:0.175520:0.384659:0.175520:0.007124 £:@0.450017:0.186661:0.459073:0.186661:0.459073:0.175520:0.450017:0.175520:0.009056 0 0 0:@0.458081:0.185289:0.479880:0.185289:0.479880:0.180276:0.458081:0.180276:0.004075:0.004915:0.004075:0.004658:0.004075 s:@0.484711:0.186661:0.491835:0.186661:0.491835:0.175520:0.484711:0.175520:0.007124 £:@0.549983:0.186661:0.559039:0.186661:0.559039:0.175520:0.549983:0.175520:0.009056 0 0 0:@0.558048:0.185289:0.579846:0.185289:0.579846:0.180276:0.558048:0.180276:0.004075:0.004915:0.004075:0.004658:0.004075 s:@0.584677:0.186661:0.591801:0.186661:0.591801:0.175520:0.584677:0.175520:0.007124 £:@0.650017:0.186661:0.659073:0.186661:0.659073:0.175520:0.650017:0.175520:0.009056 0 0 0:@0.658081:0.185289:0.679797:0.185289:0.679797:0.180276:0.658081:0.180276:0.004075:0.004832:0.004075:0.004658:0.004075 s:@0.684625:0.186661:0.691749:0.186661:0.691749:0.175520:0.684625:0.175520:0.007124 £:@0.749983:0.186661:0.759039:0.186661:0.759039:0.175520:0.749983:0.175520:0.009056 0 0 0:@0.758048:0.185289:0.779846:0.185289:0.779846:0.180276:0.758048:0.180276:0.004075:0.004915:0.004075:0.004658:0.004075 s:@0.784677:0.186661:0.791801:0.186661:0.791801:0.175520:0.784677:0.175520:0.007124 £:@0.854839:0.186661:0.863894:0.186661:0.863894:0.175520:0.854839:0.175520:0.009056 0 0 0:@0.862903:0.185289:0.884702:0.185289:0.884702:0.180276:0.862903:0.180276:0.004075:0.004915:0.004075:0.004658:0.004075 s:@0.889531:0.186661:0.896655:0.186661:0.896655:0.175520:0.889531:0.175520:0.007124 Unwinding of discount/:@0.058466:0.209170:0.230895:0.209170:0.230895:0.198028:0.058466:0.198028:0.011257:0.009409:0.012265:0.004368:0.009325:0.009577:0.004368:0.009325:0.009577:0.004637:0.009560:0.005964:0.004032:0.009325:0.004284:0.006720:0.007308:0.009241:0.009241:0.009241:0.005964:0.007443 :@0.230257:0.209170:0.234861:0.209170:0.234861:0.198028:0.230257:0.198028:0.004603 finance charge:@0.057307:0.224552:0.164934:0.224552:0.164934:0.213410:0.057307:0.213410:0.006132:0.004368:0.009409:0.008401:0.009409:0.007476:0.008401:0.004452:0.007308:0.009241:0.008317:0.006132:0.009493:0.009089 953:@0.365323:0.216890:0.390507:0.216890:0.390507:0.205749:0.365323:0.205749:0.008065:0.008065:0.009056 16,590:@0.445144:0.216890:0.490659:0.216890:0.490659:0.205749:0.445144:0.205749:0.008233:0.008317:0.003276:0.008317:0.008317:0.009056 290,785:@0.538710:0.216890:0.593716:0.216890:0.593716:0.205749:0.538710:0.205749:0.008569:0.008569:0.008485:0.003444:0.008485:0.008401:0.009056 36,571:@0.643985:0.216890:0.688827:0.216890:0.688827:0.205749:0.643985:0.205749:0.008065:0.008149:0.003276:0.008149:0.008149:0.009056 0:@0.782678:0.215518:0.786753:0.215518:0.786753:0.210505:0.782678:0.210505:0.004075 2,259:@0.857275:0.216890:0.894976:0.216890:0.894976:0.205749:0.857275:0.205749:0.008485:0.003360:0.008401:0.008401:0.009056 Increase in known :@0.058886:0.243081:0.191262:0.243081:0.191262:0.231940:0.058886:0.231940:0.004200:0.008905:0.007308:0.005376:0.008233:0.007981:0.006636:0.008233:0.005628:0.003360:0.007897:0.006048:0.008065:0.009325:0.009577:0.011761:0.009241:0.004603 claims provision:@0.057626:0.258463:0.170378:0.258463:0.170378:0.247322:0.057626:0.247322:0.007224:0.003864:0.008065:0.003780:0.013525:0.006720:0.005208:0.009241:0.005376:0.009157:0.007560:0.003864:0.006636:0.003864:0.009157:0.009509 1,198:@0.355662:0.250802:0.391179:0.250802:0.391179:0.239660:0.355662:0.239660:0.007728:0.003108:0.007813:0.007813:0.009056 38,279:@0.443128:0.250802:0.490323:0.250802:0.490323:0.239660:0.443128:0.239660:0.008737:0.008653:0.003444:0.008653:0.008653:0.009056 8,408,657:@0.524614:0.250802:0.593061:0.250802:0.593061:0.239660:0.524614:0.239660:0.008821:0.003444:0.008737:0.008737:0.008737:0.003444:0.008737:0.008737:0.009056 221,273:@0.636257:0.250802:0.690255:0.250802:0.690255:0.239660:0.636257:0.239660:0.008401:0.008401:0.008233:0.003360:0.008317:0.008233:0.009056 0:@0.782678:0.249430:0.786753:0.249430:0.786753:0.244416:0.782678:0.244416:0.004075 481,934:@0.840289:0.250802:0.895296:0.250802:0.895296:0.239660:0.840289:0.239660:0.008569:0.008569:0.008485:0.003444:0.008485:0.008401:0.009056 Provision not required :@0.058466:0.276993:0.220748:0.276993:0.220748:0.265851:0.058466:0.265851:0.008653:0.005460:0.009157:0.007476:0.003780:0.006636:0.003780:0.009157:0.008821:0.006048:0.009157:0.009493:0.005696:0.004603:0.005662:0.008317:0.009409:0.009073:0.004066:0.005427:0.008401:0.009409:0.004603 written back:@0.057290:0.292434:0.148973:0.292434:0.148973:0.281292:0.057290:0.281292:0.012517:0.005847:0.004066:0.005880:0.005696:0.009089:0.009509:0.006200:0.009325:0.007897:0.007308:0.008350 (546):@0.354822:0.284713:0.389886:0.284713:0.389886:0.273572:0.354822:0.273572:0.004788:0.008401:0.008401:0.008401:0.005074 (18,744):@0.435904:0.284713:0.490037:0.284713:0.490037:0.273572:0.435904:0.273572:0.004620:0.008233:0.008233:0.003276:0.008233:0.008233:0.008233:0.005074 (2,827,151):@0.521001:0.284713:0.593700:0.284713:0.593700:0.273572:0.521001:0.273572:0.004620:0.008149:0.003276:0.008065:0.008065:0.008065:0.003192:0.008065:0.008065:0.008065:0.005074 (91,359):@0.635921:0.284713:0.690054:0.284713:0.690054:0.273572:0.635921:0.273572:0.004620:0.008233:0.008233:0.003276:0.008233:0.008233:0.008233:0.005074 0:@0.782678:0.283341:0.786753:0.283341:0.786753:0.278328:0.782678:0.278328:0.004075 (159,697):@0.832241:0.284713:0.894775:0.284713:0.894775:0.273572:0.832241:0.273572:0.004704:0.008317:0.008233:0.008233:0.003276:0.008233:0.008233:0.008233:0.005074 Change in discount rate :@0.058046:0.311201:0.232424:0.311201:0.232424:0.300059:0.058046:0.300059:0.010081:0.009073:0.008233:0.009073:0.009493:0.008485:0.005628:0.003360:0.007981:0.005628:0.009409:0.003780:0.006804:0.007392:0.009493:0.009073:0.009073:0.005460:0.004872:0.005544:0.008065:0.005376:0.008401:0.004603 (known claims and IBNR):@0.058466:0.326642:0.235583:0.326642:0.235583:0.315501:0.058466:0.315501:0.005074:0.008350:0.009173:0.009661:0.012147:0.009190:0.004872:0.007392:0.003864:0.008065:0.003780:0.013693:0.006720:0.004603:0.007829:0.008905:0.009325:0.006468:0.003948:0.008653:0.011257:0.009073:0.005074 19,234:@0.345161:0.318921:0.390675:0.318921:0.390675:0.307780:0.345161:0.307780:0.008233:0.008317:0.003276:0.008317:0.008317:0.009056 429,928:@0.435064:0.318921:0.490407:0.318921:0.490407:0.307780:0.435064:0.307780:0.008653:0.008569:0.008485:0.003646:0.008451:0.008485:0.009056 40,872,916:@0.517708:0.318921:0.593632:0.318921:0.593632:0.307780:0.517708:0.307780:0.008653:0.008569:0.003444:0.008569:0.008569:0.008485:0.003646:0.008451:0.008485:0.009056 1,153,134:@0.628175:0.318921:0.691415:0.318921:0.691415:0.307780:0.628175:0.307780:0.007897:0.003192:0.007981:0.007981:0.007981:0.003192:0.007981:0.007981:0.009056 0:@0.782678:0.317550:0.786753:0.317550:0.786753:0.312536:0.782678:0.312536:0.004075 122,368:@0.841549:0.318921:0.895128:0.318921:0.895128:0.307780:0.841549:0.307780:0.008317:0.008317:0.008149:0.003360:0.008233:0.008149:0.009056 lncrease/(decrease) in :@0.058886:0.345172:0.213859:0.345172:0.213859:0.334030:0.058886:0.334030:0.003864:0.008989:0.007224:0.005544:0.008149:0.007981:0.006720:0.008149:0.006132:0.004788:0.009157:0.008233:0.007224:0.005544:0.008149:0.007981:0.006720:0.008233:0.004704:0.006048:0.003192:0.007644:0.004603 provision for IBNR:@0.058466:0.360554:0.188053:0.360554:0.188053:0.349412:0.058466:0.349412:0.009325:0.005460:0.009241:0.007560:0.003864:0.006636:0.003864:0.009241:0.008905:0.004603:0.005259:0.010215:0.006132:0.005292:0.004032:0.008653:0.011257:0.010047 ( ,:@0.341902:0.352833:0.358484:0.352833:0.358484:0.341691:0.341902:0.341691:0.005074:0.007863:0.003646 6:@0.346354:0.351461:0.350429:0.351461:0.350429:0.346447:0.346354:0.346447:0.004075 0 0 0:@0.359291:0.351461:0.380749:0.351461:0.380749:0.346447:0.359291:0.346447:0.004075:0.004658:0.004075:0.004575:0.004075 ):@0.385499:0.352833:0.390573:0.352833:0.390573:0.341691:0.385499:0.341691:0.005074 (33,768):@0.434644:0.352833:0.489869:0.352833:0.489869:0.341691:0.434644:0.341691:0.004788:0.008401:0.008401:0.003360:0.008401:0.008401:0.008401:0.005074 (3,059,000):@0.515709:0.352833:0.593364:0.352833:0.593364:0.341691:0.515709:0.341691:0.004788:0.008653:0.003444:0.008569:0.008737:0.008737:0.003444:0.008737:0.008737:0.008737:0.005074 (256,027):@0.625840:0.352833:0.689886:0.352833:0.689886:0.341691:0.625840:0.341691:0.004704:0.008485:0.008485:0.008485:0.003360:0.008485:0.008485:0.008485:0.005074 0:@0.782678:0.351461:0.786753:0.351461:0.786753:0.346447:0.782678:0.346447:0.004075 (147,000):@0.832661:0.352833:0.894859:0.352833:0.894859:0.341691:0.832661:0.341691:0.004452:0.008233:0.008233:0.008233:0.003276:0.008233:0.008233:0.008233:0.005074 Provision expense charged to:@0.058466:0.379083:0.272277:0.379083:0.272277:0.367942:0.058466:0.367942:0.009073:0.005880:0.009157:0.008065:0.004284:0.006552:0.004284:0.009073:0.008989:0.004637:0.008720:0.008737:0.009745:0.008485:0.009493:0.006972:0.008485:0.004452:0.007308:0.009157:0.008233:0.006132:0.009409:0.008317:0.009493:0.004452:0.005964:0.010265 :@0.271319:0.379083:0.275922:0.379083:0.275922:0.367942:0.271319:0.367942:0.004603 Statement of comprehensive:@0.058046:0.394465:0.267740:0.394465:0.267740:0.383323:0.058046:0.383323:0.008569:0.006048:0.008401:0.005964:0.008401:0.014197:0.008401:0.009409:0.006048:0.004032:0.009409:0.005880:0.004032:0.007476:0.009493:0.014197:0.009661:0.006216:0.008317:0.009325:0.008317:0.009325:0.006804:0.004368:0.008317:0.009089 :@0.266967:0.394465:0.271571:0.394465:0.271571:0.383323:0.266967:0.383323:0.004603 net expenditure:@0.058046:0.409847:0.174914:0.409847:0.174914:0.398705:0.058046:0.398705:0.009325:0.008401:0.006048:0.004032:0.008317:0.008569:0.009577:0.008401:0.009409:0.009661:0.004452:0.005964:0.009409:0.006216:0.009089 13,886:@0.343582:0.394465:0.391129:0.394465:0.391129:0.383323:0.343582:0.383323:0.008485:0.008485:0.003948:0.008485:0.008485:0.009661 415,695:@0.435064:0.394465:0.491095:0.394465:0.491095:0.383323:0.435064:0.383323:0.008485:0.008485:0.008485:0.003948:0.008485:0.008485:0.009661 43,395,422:@0.518548:0.394465:0.594489:0.394465:0.594489:0.383323:0.518548:0.383323:0.008401:0.008401:0.003948:0.008317:0.008317:0.008317:0.003948:0.008317:0.008317:0.009661 1,027,021:@0.624580:0.394465:0.690020:0.394465:0.690020:0.383323:0.624580:0.383323:0.008065:0.003864:0.008065:0.007981:0.007981:0.003864:0.007981:0.007981:0.009661 0:@0.782258:0.394465:0.791919:0.394465:0.791919:0.383323:0.782258:0.383323:0.009661 297,605:@0.840289:0.394465:0.895649:0.394465:0.895649:0.383323:0.840289:0.383323:0.008401:0.008401:0.008317:0.003948:0.008317:0.008317:0.009661 Total charge to Statement of:@0.057292:0.428673:0.266263:0.428673:0.266263:0.417532:0.057292:0.417532:0.008737:0.009073:0.005796:0.008065:0.004200:0.004452:0.007476:0.009325:0.008317:0.006216:0.009493:0.008317:0.004032:0.006132:0.009577:0.004452:0.008569:0.006048:0.008401:0.005964:0.008401:0.014197:0.008401:0.009409:0.006048:0.004032:0.009409:0.006435 :@0.265709:0.428673:0.270312:0.428673:0.270312:0.417532:0.265709:0.417532:0.004603 comprehensive net expenditure:@0.057628:0.444054:0.289415:0.444054:0.289415:0.432912:0.057628:0.432912:0.007392:0.009409:0.014197:0.009661:0.006216:0.008401:0.009409:0.008401:0.009409:0.006804:0.004452:0.008401:0.008401:0.004368:0.009409:0.008401:0.006048:0.004032:0.008317:0.008569:0.009577:0.008401:0.009409:0.009577:0.004452:0.005964:0.009409:0.006216:0.009089 14,839:@0.343901:0.436394:0.391196:0.436394:0.391196:0.425252:0.343901:0.425252:0.008485:0.008401:0.003948:0.008401:0.008401:0.009661 432,285:@0.433048:0.436394:0.490759:0.436394:0.490759:0.425252:0.433048:0.425252:0.008737:0.008737:0.008821:0.004116:0.008821:0.008821:0.009661 43,686,207:@0.518548:0.436394:0.594489:0.436394:0.594489:0.425252:0.518548:0.425252:0.008401:0.008401:0.003948:0.008317:0.008317:0.008317:0.003948:0.008317:0.008317:0.009661 1,063,592:@0.622564:0.436394:0.691112:0.436394:0.691112:0.425252:0.622564:0.425252:0.008485:0.003948:0.008485:0.008485:0.008485:0.004032:0.008485:0.008485:0.009661 0:@0.782258:0.436394:0.791919:0.436394:0.791919:0.425252:0.782258:0.425252:0.009661 299,864:@0.838710:0.436394:0.895749:0.436394:0.895749:0.425252:0.838710:0.425252:0.008737:0.008653:0.008653:0.004032:0.008653:0.008653:0.009661 7.2. Explanatory notes:@0.048387:0.500535:0.252352:0.500535:0.252352:0.489393:0.048387:0.489393:0.009913:0.004553:0.009980:0.004553:0.004637:0.014751:0.009745:0.010249:0.011425:0.005292:0.009913:0.011173:0.009997:0.007224:0.011257:0.007392:0.009997:0.006048:0.010921:0.010921:0.006972:0.009661:0.007392 Nature and scope of the obligation:@0.048807:0.523043:0.322749:0.523043:0.322749:0.511902:0.048807:0.511902:0.012685:0.008653:0.006216:0.009745:0.006468:0.008653:0.005628:0.008737:0.009829:0.010081:0.005628:0.007392:0.007728:0.010081:0.010417:0.008737:0.005208:0.010265:0.006435:0.004637:0.006536:0.009929:0.009089:0.005192:0.009997:0.010165:0.004772:0.004772:0.010114:0.008821:0.006536:0.004553:0.010081:0.010165 NHS Resolution administers indemnity cover for clinical :@0.048807:0.544833:0.442869:0.544833:0.442869:0.534249:0.048807:0.534249:0.010997:0.010502:0.007901:0.006464:0.009321:0.008156:0.006560:0.008986:0.003863:0.008571:0.005411:0.003575:0.008986:0.008731:0.006464:0.008124:0.009401:0.013551:0.003863:0.009034:0.003863:0.006592:0.005411:0.008348:0.005315:0.006767:0.006001:0.003863:0.009034:0.009194:0.008348:0.013742:0.008826:0.003863:0.005411:0.007534:0.005203:0.007374:0.009002:0.007470:0.008156:0.005554:0.005203:0.004996:0.009545:0.005554:0.005283:0.007374:0.003543:0.003863:0.008491:0.003863:0.006975:0.007805:0.003863:0.004373 negligence and non-clinical claims under twelve :@0.048807:0.560274:0.393070:0.560274:0.393070:0.549690:0.048807:0.549690:0.009034:0.008348:0.009162:0.003863:0.003863:0.009082:0.008156:0.009034:0.007103:0.008156:0.006049:0.007805:0.008651:0.008986:0.004373:0.002426:0.008826:0.009066:0.008731:0.006384:0.007055:0.003863:0.003863:0.008651:0.003863:0.007055:0.007901:0.003863:0.006384:0.007374:0.003623:0.007901:0.003863:0.013359:0.006767:0.005922:0.009034:0.008779:0.009401:0.007981:0.005554:0.005203:0.005411:0.011731:0.008348:0.003863:0.007645:0.008539:0.004373 schemes or arrangements. Provisions are calculated in :@0.048387:0.575656:0.434724:0.575656:0.434724:0.565072:0.048387:0.565072:0.006767:0.007087:0.009034:0.008348:0.013455:0.008348:0.006767:0.005554:0.008826:0.005299:0.005634:0.008124:0.005730:0.005554:0.008124:0.009034:0.009401:0.008348:0.013742:0.008348:0.009034:0.005411:0.006767:0.003464:0.004373:0.003416:0.008571:0.005299:0.008986:0.007310:0.003863:0.006305:0.003863:0.008826:0.008571:0.006560:0.005634:0.007805:0.005299:0.007901:0.005634:0.007374:0.007837:0.003863:0.007374:0.009034:0.003863:0.007869:0.005411:0.008348:0.009178:0.004373:0.002522:0.003112:0.007390:0.004373 accordance with IAS 37 and relate to liabilities arising :@0.048387:0.591038:0.431803:0.591038:0.431803:0.580454:0.048387:0.580454:0.008124:0.007166:0.007374:0.009353:0.005554:0.009401:0.008124:0.009034:0.007374:0.008348:0.004820:0.011923:0.004038:0.005714:0.009401:0.004373:0.002426:0.004246:0.009529:0.007981:0.005714:0.008395:0.008603:0.006352:0.007805:0.008571:0.008986:0.004373:0.002522:0.005299:0.008060:0.003863:0.007821:0.005203:0.008060:0.005203:0.005411:0.009130:0.006049:0.003863:0.003527:0.007901:0.008986:0.003863:0.003863:0.003623:0.005411:0.003655:0.008060:0.006560:0.005634:0.007645:0.005299:0.003863:0.006225:0.003863:0.008491:0.008986:0.004373 from incidents covered by these arrangements. The :@0.047967:0.606419:0.417624:0.606419:0.417624:0.595834:0.047967:0.595834:0.004996:0.005554:0.009018:0.013519:0.004373:0.002426:0.003863:0.009034:0.007103:0.003863:0.009162:0.008348:0.008795:0.005411:0.006767:0.005459:0.007135:0.008986:0.007390:0.007981:0.005554:0.007885:0.009066:0.006464:0.008651:0.007055:0.005203:0.005411:0.009034:0.008156:0.006767:0.008348:0.005459:0.008124:0.005730:0.005554:0.008124:0.009034:0.009401:0.008348:0.013742:0.008348:0.009034:0.005411:0.006767:0.003464:0.004373:0.002570:0.008364:0.008603:0.008060:0.004373 three key elements of NHS Resolution's provisions are::@0.047967:0.621800:0.431654:0.621800:0.431654:0.611215:0.047967:0.611215:0.005411:0.009034:0.005379:0.008348:0.008124:0.006464:0.007566:0.008060:0.007390:0.005203:0.008348:0.003671:0.008348:0.013742:0.008348:0.009034:0.005411:0.006767:0.005730:0.009353:0.004756:0.005634:0.010997:0.010502:0.007901:0.006464:0.009241:0.008060:0.006560:0.008986:0.003863:0.008651:0.005411:0.003655:0.008986:0.008731:0.003671:0.006416:0.006049:0.009162:0.005379:0.008986:0.007390:0.003863:0.006464:0.003863:0.008906:0.008826:0.006560:0.005634:0.007725:0.005299:0.007901:0.003464 • Claims received by NHS Resolution (known claims):@0.048807:0.644073:0.430180:0.644073:0.430180:0.633489:0.048807:0.633489:0.006480:0.004373:0.012497:0.009880:0.003863:0.008124:0.004086:0.013950:0.006767:0.006177:0.005379:0.007981:0.007055:0.008060:0.003863:0.007135:0.007981:0.008986:0.006464:0.008826:0.007310:0.005634:0.010917:0.010423:0.007725:0.004373:0.002426:0.009321:0.008156:0.006560:0.008986:0.003863:0.008571:0.005411:0.003575:0.008986:0.008731:0.006049:0.004820:0.008284:0.009034:0.009704:0.011763:0.009241:0.006049:0.007374:0.003623:0.007805:0.003863:0.013280:0.006767:0.004820 • Settled periodical payment orders (PPOs) where :@0.048807:0.666285:0.413086:0.666285:0.413086:0.655700:0.048807:0.655700:0.006480:0.004373:0.012497:0.008475:0.007996:0.005411:0.005092:0.003863:0.007981:0.009162:0.006464:0.009066:0.008060:0.005379:0.003863:0.008906:0.009066:0.003863:0.007055:0.007901:0.003863:0.004373:0.002426:0.009385:0.008124:0.007518:0.013742:0.008348:0.008826:0.005411:0.005507:0.009066:0.005379:0.009066:0.008156:0.005379:0.006560:0.005634:0.004453:0.008491:0.008395:0.011253:0.006384:0.004533:0.005299:0.011540:0.009385:0.008348:0.005762:0.008348:0.004373 the settlement of a claim involves payments to the :@0.071739:0.681666:0.435395:0.681666:0.435395:0.671082:0.071739:0.671082:0.005411:0.009034:0.008156:0.006049:0.006767:0.008348:0.005411:0.005411:0.003863:0.008348:0.013742:0.008348:0.009034:0.005411:0.005538:0.009353:0.004756:0.005299:0.006799:0.006464:0.007135:0.003863:0.007725:0.003863:0.013280:0.006464:0.003863:0.008571:0.007390:0.008986:0.003863:0.007230:0.007981:0.006560:0.006049:0.009385:0.007917:0.007725:0.013535:0.008348:0.009034:0.005139:0.006767:0.005155:0.005411:0.009130:0.005203:0.005411:0.008699:0.008060:0.004373 claimant into the future, generally for their lifetime:@0.072159:0.697108:0.434506:0.697108:0.434506:0.686523:0.072159:0.686523:0.007374:0.003863:0.008124:0.003863:0.014078:0.008124:0.009034:0.005602:0.005714:0.003863:0.008571:0.005123:0.008986:0.005299:0.005411:0.009034:0.008156:0.005634:0.004996:0.009449:0.005411:0.009289:0.005554:0.008555:0.003464:0.006448:0.009401:0.008348:0.009034:0.008076:0.005554:0.008124:0.003863:0.003863:0.007502:0.004788:0.004996:0.009545:0.005554:0.005363:0.005411:0.009034:0.008348:0.003863:0.005554:0.005682:0.003863:0.003607:0.004996:0.008108:0.005411:0.003655:0.013439:0.008348 • Incurred but not reported (IBNR) provision :@0.048807:0.719319:0.373279:0.719319:0.373279:0.708735:0.048807:0.708735:0.006480:0.004373:0.012912:0.004246:0.008523:0.007135:0.008651:0.005379:0.005379:0.008060:0.009066:0.004373:0.002522:0.009066:0.008651:0.005203:0.006049:0.008826:0.008986:0.005203:0.005634:0.005379:0.008060:0.009066:0.008986:0.005379:0.005411:0.007949:0.009066:0.006384:0.004453:0.004038:0.008651:0.011253:0.009066:0.004533:0.006049:0.008826:0.005203:0.008906:0.007310:0.003863:0.006305:0.003863:0.008731:0.008651:0.004373 where claims have not yet been received but :@0.071403:0.734701:0.393895:0.734701:0.393895:0.724117:0.071403:0.724117:0.011923:0.009401:0.008651:0.005554:0.008810:0.005634:0.007374:0.003863:0.007837:0.003863:0.013439:0.006767:0.005666:0.008826:0.007901:0.007470:0.008060:0.006049:0.009034:0.009034:0.005411:0.004373:0.007725:0.008348:0.005219:0.006049:0.008906:0.007981:0.007981:0.008651:0.004373:0.002426:0.005203:0.007901:0.007055:0.007981:0.003863:0.007135:0.007901:0.008986:0.004373:0.002522:0.008906:0.008571:0.005123:0.004373 where it can be reasonably predicted that::@0.071403:0.750083:0.371103:0.750083:0.371103:0.739499:0.071403:0.739499:0.011923:0.009401:0.008651:0.005554:0.008810:0.006049:0.003368:0.004709:0.005634:0.007055:0.007645:0.008651:0.004373:0.002522:0.008571:0.007566:0.006049:0.005379:0.008348:0.007949:0.006767:0.009353:0.008826:0.008124:0.009178:0.003863:0.007725:0.005554:0.009066:0.005379:0.008060:0.009066:0.003863:0.006975:0.005203:0.008156:0.009066:0.006049:0.005411:0.009034:0.007901:0.005411:0.003464 - an adverse incident has occurred, and:@0.066532:0.772354:0.355331:0.772354:0.355331:0.761770:0.066532:0.761770:0.006384:0.002522:0.004373:0.006879:0.007390:0.008316:0.006464:0.008124:0.009178:0.007470:0.008156:0.005554:0.006767:0.008012:0.006049:0.003863:0.009034:0.007103:0.003863:0.009401:0.008156:0.009034:0.005155:0.006049:0.008731:0.007725:0.006560:0.005634:0.009353:0.007374:0.007374:0.008826:0.005554:0.005363:0.008348:0.009401:0.003464:0.006257:0.007645:0.008491:0.009401 - a transfer of economic benefits will occur, and:@0.066532:0.792844:0.415823:0.792844:0.415823:0.782259:0.066532:0.782259:0.006384:0.002522:0.004373:0.006879:0.006895:0.005634:0.005411:0.005762:0.008316:0.009241:0.006767:0.005251:0.008348:0.005762:0.005203:0.009353:0.004756:0.005634:0.008348:0.007374:0.009353:0.009034:0.009353:0.013742:0.003863:0.007374:0.005730:0.009385:0.008348:0.009034:0.008092:0.004996:0.003863:0.005411:0.006560:0.004373:0.011540:0.003863:0.004086:0.003863:0.006560:0.008986:0.007135:0.007135:0.008731:0.005379:0.003464:0.006289:0.007645:0.008491:0.009401 - a reasonable estimate of the likely value :@0.066532:0.813392:0.374516:0.813392:0.374516:0.802808:0.066532:0.802808:0.006384:0.002522:0.004373:0.006879:0.006895:0.006384:0.005379:0.008156:0.008124:0.006767:0.009130:0.009034:0.007933:0.009385:0.003863:0.008092:0.005634:0.008348:0.006767:0.005411:0.003863:0.013742:0.007901:0.005411:0.008348:0.005570:0.009353:0.004756:0.005203:0.005411:0.009034:0.008156:0.006049:0.003863:0.003607:0.007725:0.008156:0.003863:0.007486:0.004373:0.007645:0.007885:0.003863:0.008731:0.008156:0.004373 can be made.:@0.086694:0.828773:0.181151:0.828773:0.181151:0.818189:0.086694:0.818189:0.007055:0.007645:0.008651:0.004373:0.002522:0.008571:0.007566:0.006049:0.013439:0.007805:0.009162:0.008156:0.003464 The schemes that we administer are shown :@0.047967:0.851045:0.360388:0.851045:0.360388:0.840461:0.047967:0.840461:0.008364:0.008858:0.008348:0.005938:0.006767:0.007087:0.009034:0.008348:0.013455:0.008348:0.006767:0.005044:0.005411:0.009034:0.008316:0.005411:0.004916:0.012178:0.008826:0.006049:0.008124:0.009178:0.013742:0.003863:0.009034:0.003863:0.006767:0.005411:0.008348:0.005554:0.005076:0.007805:0.005299:0.007901:0.006049:0.006767:0.009034:0.009353:0.011540:0.008842:0.004373 in the Appendix on page 159.:@0.048807:0.866426:0.260594:0.866426:0.260594:0.855842:0.048807:0.855842:0.003272:0.007566:0.006049:0.005411:0.009034:0.008156:0.005299:0.010295:0.009609:0.009577:0.008348:0.009385:0.009577:0.003863:0.007326:0.005363:0.008571:0.008395:0.004373:0.002426:0.009066:0.007805:0.009066:0.007981:0.004373:0.003272:0.008316:0.008316:0.008236:0.003464 Developments over the year:@0.489919:0.500772:0.733585:0.500772:0.733585:0.489631:0.489919:0.489631:0.013441:0.009913:0.009829:0.009829:0.005208:0.011089:0.011341:0.016801:0.009829:0.011005:0.007140:0.007981:0.006048:0.011089:0.009997:0.009913:0.007308:0.005628:0.007056:0.010921:0.009829:0.006048:0.009997:0.009913:0.009829:0.006687 :@0.734291:0.500772:0.738894:0.500772:0.738894:0.489631:0.734291:0.489631:0.004603 affecting the provisions:@0.489079:0.516213:0.692624:0.516213:0.692624:0.505072:0.489079:0.505072:0.009745:0.006804:0.006888:0.009661:0.008653:0.006972:0.005124:0.010837:0.011173:0.006468:0.007140:0.011089:0.009997:0.006384:0.011173:0.007224:0.011005:0.009745:0.005124:0.007897:0.005124:0.011005:0.010921:0.007392 Discount rates:@0.489499:0.538425:0.600638:0.538425:0.600638:0.527284:0.489499:0.527284:0.012013:0.004772:0.007157:0.008065:0.009913:0.009913:0.009913:0.006536:0.005141:0.006687:0.008602:0.006300:0.008737:0.007392 One of the key assumptions used in calculating the :@0.489079:0.560274:0.856789:0.560274:0.856789:0.549690:0.489079:0.549690:0.011763:0.008826:0.008060:0.005634:0.009353:0.004756:0.005299:0.005411:0.009034:0.008156:0.006049:0.007725:0.008156:0.007470:0.005203:0.008124:0.006576:0.006767:0.009034:0.013742:0.009385:0.005411:0.003863:0.009353:0.009034:0.006767:0.005938:0.008395:0.006305:0.007901:0.008826:0.004373:0.002522:0.003272:0.007566:0.006464:0.007374:0.008124:0.003655:0.007374:0.009034:0.003671:0.008124:0.005235:0.003863:0.008826:0.009401:0.005969:0.005411:0.008699:0.008060:0.004373 provisions are the discount rates used to place a :@0.489499:0.575656:0.834194:0.575656:0.834194:0.565072:0.489499:0.565072:0.009162:0.005379:0.008986:0.007390:0.003863:0.006464:0.003863:0.008906:0.008826:0.006560:0.005203:0.007805:0.005299:0.007901:0.005634:0.005411:0.009034:0.008156:0.005634:0.009401:0.003863:0.006767:0.007182:0.009353:0.009034:0.009034:0.005411:0.005650:0.005554:0.007885:0.005411:0.008028:0.006767:0.005922:0.008395:0.006305:0.007901:0.008826:0.006049:0.005123:0.008986:0.006049:0.009066:0.003863:0.007725:0.007135:0.008060:0.005714:0.006384:0.004373 present value on projected future cashflows. Since the :@0.489499:0.591038:0.879379:0.591038:0.879379:0.580454:0.489499:0.580454:0.009162:0.005379:0.008156:0.006767:0.008012:0.009034:0.005155:0.004373:0.007645:0.008316:0.003863:0.009034:0.008348:0.005969:0.008571:0.008395:0.004373:0.002426:0.008986:0.005379:0.008986:0.003863:0.007821:0.007135:0.005411:0.007869:0.009066:0.006049:0.004996:0.009034:0.005411:0.009289:0.005554:0.008348:0.006177:0.007374:0.008124:0.007023:0.009034:0.004996:0.004118:0.009353:0.011811:0.006767:0.003464:0.004373:0.002618:0.008475:0.003623:0.008826:0.007374:0.007996:0.005634:0.005411:0.008699:0.008060:0.004373 discount rates are prescribed by HM Treasury, the rates :@0.489079:0.606419:0.881800:0.606419:0.881800:0.595834:0.489079:0.595834:0.009401:0.003863:0.006767:0.007182:0.009353:0.009034:0.008826:0.005411:0.005938:0.005299:0.007901:0.005203:0.008060:0.006560:0.005714:0.007725:0.005299:0.007901:0.006049:0.009066:0.005379:0.008060:0.006560:0.007055:0.005554:0.003607:0.008986:0.008060:0.009066:0.004373:0.002426:0.008651:0.007135:0.006049:0.010502:0.013280:0.006049:0.007901:0.005203:0.007805:0.007645:0.006305:0.008571:0.005203:0.007310:0.003272:0.006464:0.005411:0.009034:0.008156:0.006049:0.005299:0.007805:0.005123:0.007981:0.006464:0.004373 are outside the formal control of NHS Resolution.:@0.489079:0.621800:0.838785:0.621800:0.838785:0.611215:0.489079:0.611215:0.007805:0.005299:0.007901:0.005634:0.009162:0.009034:0.005155:0.006767:0.003863:0.009114:0.008156:0.005203:0.005411:0.009034:0.008156:0.005634:0.004996:0.009353:0.005554:0.013439:0.008124:0.003863:0.006321:0.007055:0.009066:0.008826:0.005203:0.005379:0.009066:0.003863:0.006305:0.009353:0.004756:0.005714:0.010997:0.010502:0.007901:0.006464:0.009545:0.008092:0.006767:0.008938:0.003863:0.008651:0.005411:0.003655:0.009066:0.008826:0.003464 NHS Resolution's provisions are particularly sensitive :@0.489499:0.644073:0.860817:0.644073:0.860817:0.633489:0.489499:0.633489:0.010917:0.010423:0.007725:0.004373:0.002426:0.009241:0.008060:0.006560:0.008986:0.003863:0.008651:0.005411:0.003655:0.008986:0.008826:0.003671:0.006416:0.006049:0.009162:0.005554:0.008986:0.007390:0.003863:0.006384:0.003863:0.008826:0.008731:0.006560:0.005299:0.007725:0.005299:0.007901:0.006464:0.009385:0.007837:0.005554:0.005411:0.003863:0.007374:0.009034:0.003863:0.008124:0.005554:0.003863:0.007725:0.005076:0.006767:0.007933:0.008731:0.006464:0.003863:0.005123:0.003863:0.007230:0.008060:0.004373 to the long term and very long term discount rates.:@0.488743:0.659455:0.853357:0.659455:0.853357:0.648870:0.488743:0.648870:0.005411:0.009034:0.004868:0.005411:0.009034:0.008156:0.006464:0.003607:0.008651:0.008395:0.008731:0.006049:0.005411:0.008348:0.005315:0.013742:0.005922:0.007805:0.008571:0.008986:0.005634:0.007645:0.008348:0.005554:0.007518:0.005634:0.003607:0.008826:0.008571:0.008826:0.005714:0.005411:0.008108:0.005554:0.013519:0.006049:0.009401:0.003863:0.006767:0.007374:0.009353:0.009034:0.009034:0.005411:0.005538:0.005299:0.007901:0.005203:0.007981:0.006560:0.003464 This reflects the long term nature of the liabilities :@0.488726:0.675134:0.842247:0.675134:0.842247:0.664549:0.488726:0.664549:0.008364:0.008603:0.003863:0.006560:0.006049:0.005379:0.008156:0.004996:0.003863:0.008028:0.007374:0.005139:0.006767:0.005155:0.005411:0.009034:0.008156:0.006049:0.003607:0.008826:0.008571:0.008826:0.006049:0.005411:0.008028:0.005379:0.013439:0.006464:0.009034:0.007933:0.005411:0.009034:0.005554:0.008140:0.005634:0.009353:0.004756:0.005299:0.005411:0.009034:0.008156:0.006049:0.003863:0.003607:0.007805:0.008986:0.003863:0.003527:0.003863:0.005044:0.003863:0.007821:0.006560:0.004373 which is driven by the reporting and settlement :@0.488306:0.690514:0.830591:0.690514:0.830591:0.679930:0.488306:0.679930:0.011763:0.009321:0.003863:0.007645:0.009321:0.004373:0.002522:0.003192:0.005634:0.005634:0.009066:0.005299:0.003863:0.007135:0.007981:0.008651:0.004373:0.002426:0.008651:0.007055:0.004868:0.005411:0.009034:0.008156:0.006464:0.005554:0.007965:0.009066:0.008986:0.005379:0.005411:0.003575:0.008651:0.009066:0.006464:0.007805:0.008571:0.008986:0.006464:0.006767:0.008348:0.005219:0.005411:0.003863:0.008348:0.013742:0.008124:0.009034:0.005411:0.004373 delays as well as the fact that many high value :@0.489062:0.705896:0.824180:0.705896:0.824180:0.695312:0.489062:0.695312:0.009066:0.008060:0.003863:0.007725:0.007470:0.006560:0.005634:0.007725:0.006384:0.004868:0.011540:0.008539:0.003863:0.003863:0.006464:0.007725:0.006384:0.005203:0.005411:0.009034:0.008156:0.005299:0.004996:0.008443:0.007566:0.005411:0.005427:0.005411:0.009369:0.008316:0.005411:0.005762:0.013742:0.007933:0.009034:0.007725:0.005507:0.008571:0.003607:0.008731:0.008491:0.005714:0.007645:0.008124:0.003863:0.008763:0.008348:0.004373 claims are settled as a PPO with payments provided :@0.489062:0.721278:0.857618:0.721278:0.857618:0.710694:0.489062:0.710694:0.007374:0.003623:0.007901:0.003863:0.013359:0.006767:0.005491:0.007805:0.005299:0.007901:0.005634:0.006560:0.008060:0.005203:0.005411:0.003575:0.008060:0.009066:0.006464:0.007725:0.006384:0.005634:0.006895:0.004373:0.002522:0.008060:0.008060:0.010838:0.004868:0.011923:0.004038:0.005634:0.009401:0.004373:0.002522:0.009385:0.007837:0.007725:0.013535:0.008348:0.009034:0.005139:0.006767:0.005666:0.008906:0.005299:0.008906:0.007310:0.003863:0.008826:0.007981:0.008986:0.004373 over the remaining lifetime of the claimant.:@0.489062:0.736660:0.796823:0.736660:0.796823:0.726076:0.489062:0.726076:0.008986:0.007390:0.008156:0.005379:0.005203:0.005411:0.009034:0.008156:0.006049:0.005554:0.008060:0.013439:0.008124:0.003639:0.008731:0.003863:0.008731:0.009162:0.004373:0.002522:0.003863:0.003863:0.004996:0.008108:0.005411:0.003655:0.013519:0.008156:0.006049:0.009353:0.004756:0.004868:0.005411:0.009034:0.008156:0.006049:0.007374:0.003863:0.007917:0.003863:0.013742:0.008124:0.008795:0.005411:0.003464 This year, there was a significant reduction in the long :@0.488726:0.758932:0.876515:0.758932:0.876515:0.748348:0.488726:0.748348:0.008364:0.008603:0.003863:0.006560:0.004868:0.007470:0.007981:0.007805:0.005299:0.003272:0.006049:0.005411:0.009034:0.008156:0.005554:0.008140:0.004788:0.012354:0.008651:0.007230:0.005714:0.006799:0.006049:0.006767:0.003863:0.009401:0.009210:0.003863:0.004996:0.003863:0.007374:0.008300:0.009034:0.005411:0.005794:0.005554:0.008060:0.009162:0.008826:0.007374:0.005060:0.003863:0.008986:0.008826:0.004373:0.002522:0.003272:0.007566:0.006049:0.005411:0.009034:0.008156:0.006049:0.003607:0.008651:0.008395:0.008731:0.004373 term and very long term discount rates prescribed by :@0.488726:0.774313:0.870067:0.774313:0.870067:0.763728:0.488726:0.763728:0.005411:0.008028:0.005379:0.013439:0.006384:0.007805:0.008651:0.008986:0.005203:0.007645:0.008348:0.005554:0.007518:0.006049:0.003607:0.008651:0.008395:0.008731:0.006049:0.005411:0.008028:0.005379:0.013439:0.006464:0.009401:0.003863:0.006767:0.007103:0.009353:0.009034:0.008826:0.005411:0.005938:0.005379:0.007901:0.005203:0.008060:0.006560:0.006049:0.009066:0.005379:0.008060:0.006560:0.007055:0.005554:0.003607:0.008986:0.008060:0.009066:0.004373:0.002426:0.008395:0.006975:0.004373 HM Treasury, which increased the provision by £42.6 :@0.489903:0.789754:0.867684:0.789754:0.867684:0.779170:0.489903:0.779170:0.010327:0.013024:0.006049:0.007901:0.005299:0.007901:0.007725:0.006384:0.008651:0.005299:0.007310:0.003272:0.005634:0.011763:0.009321:0.003863:0.007645:0.009321:0.004373:0.002522:0.003863:0.008731:0.007135:0.005379:0.008156:0.007805:0.006767:0.007933:0.009162:0.006049:0.005411:0.009034:0.008076:0.006049:0.009066:0.005299:0.008906:0.007310:0.003863:0.006384:0.003863:0.008731:0.008731:0.004373:0.002426:0.008651:0.007055:0.005714:0.008986:0.009162:0.009066:0.003464:0.009225:0.004373 billion. Although the change in discount rates prescribed :@0.489483:0.805136:0.896329:0.805136:0.896329:0.794552:0.489483:0.794552:0.009066:0.003863:0.003527:0.003863:0.003527:0.008906:0.008731:0.003272:0.006049:0.010295:0.004070:0.005411:0.009210:0.009577:0.009034:0.009704:0.009241:0.006049:0.005411:0.009034:0.008156:0.005634:0.007374:0.009034:0.008124:0.009034:0.009401:0.008348:0.005969:0.003368:0.007901:0.006049:0.009401:0.003863:0.006767:0.007182:0.009353:0.009034:0.009034:0.005411:0.005650:0.005554:0.007885:0.005411:0.008028:0.006767:0.005922:0.009066:0.005379:0.007981:0.006560:0.006975:0.005379:0.003863:0.008731:0.008060:0.008986:0.004373 by HM Treasury has a material effect on the value of the :@0.489483:0.820814:0.892642:0.820814:0.892642:0.810229:0.489483:0.810229:0.008651:0.007055:0.006049:0.010502:0.013359:0.005634:0.008060:0.005379:0.008060:0.007901:0.006560:0.008826:0.005379:0.007470:0.005634:0.008731:0.007725:0.006560:0.005634:0.006895:0.004373:0.002426:0.013439:0.007901:0.005411:0.008028:0.005379:0.003863:0.007901:0.003863:0.006384:0.008348:0.005171:0.004996:0.008523:0.007374:0.005411:0.005283:0.008571:0.008395:0.006049:0.005411:0.009034:0.008156:0.005203:0.007645:0.008124:0.003863:0.008842:0.008348:0.005938:0.009353:0.004756:0.004788:0.005411:0.008699:0.008060:0.004373 provisions, it does not alter the cost of settling claims in :@0.489483:0.836194:0.888604:0.836194:0.888604:0.825610:0.489483:0.825610:0.009066:0.005379:0.009066:0.007470:0.003863:0.006560:0.003863:0.008986:0.008826:0.006560:0.003464:0.004373:0.002410:0.003368:0.004709:0.005634:0.009066:0.008986:0.008060:0.006560:0.006049:0.008731:0.008986:0.005203:0.005299:0.008124:0.003863:0.005411:0.008140:0.005554:0.005203:0.005411:0.009034:0.008076:0.005714:0.007374:0.008922:0.006767:0.005155:0.005634:0.009353:0.004756:0.005203:0.006767:0.008108:0.005203:0.005411:0.003655:0.003863:0.008651:0.009162:0.006049:0.007374:0.003863:0.007837:0.003863:0.013519:0.006767:0.006001:0.003112:0.007310:0.004373 the short-term - which is driven by the frequency and :@0.488726:0.851575:0.875350:0.851575:0.875350:0.840991:0.488726:0.840991:0.005411:0.009034:0.008076:0.005714:0.006560:0.008826:0.009162:0.005554:0.005411:0.006177:0.005411:0.008108:0.005554:0.013423:0.005203:0.006384:0.002522:0.004373:0.011843:0.009321:0.003863:0.007645:0.009321:0.004373:0.002426:0.003192:0.005714:0.005634:0.008986:0.005299:0.003863:0.007135:0.007981:0.008651:0.004373:0.002522:0.008651:0.007055:0.004868:0.005411:0.009034:0.008156:0.005634:0.004996:0.005554:0.008348:0.009577:0.009034:0.008348:0.009034:0.007374:0.007725:0.005363:0.007645:0.008491:0.008906:0.004373 severity of claims and the legal environment in which :@0.489062:0.866957:0.870834:0.866957:0.870834:0.856372:0.489062:0.856372:0.006767:0.008012:0.007470:0.008156:0.005379:0.003863:0.005203:0.007725:0.005123:0.009353:0.004756:0.005634:0.007374:0.003623:0.007901:0.003863:0.013359:0.006767:0.005491:0.007805:0.008571:0.008986:0.006049:0.005411:0.009034:0.008156:0.006049:0.003607:0.007805:0.008826:0.007645:0.003607:0.006384:0.008348:0.009210:0.007645:0.003863:0.005554:0.009353:0.009034:0.013742:0.008348:0.009034:0.005411:0.006049:0.003272:0.007645:0.005634:0.011540:0.009289:0.003863:0.007566:0.009241:0.004373 the claims are settled (e.g. the personal injury discount :@0.488726:0.882398:0.882325:0.882398:0.882325:0.871814:0.488726:0.871814:0.005411:0.009034:0.008076:0.005714:0.007374:0.003863:0.007837:0.003863:0.013439:0.006767:0.005251:0.007725:0.005299:0.007901:0.006049:0.006560:0.008060:0.005203:0.005411:0.003575:0.008060:0.009066:0.006049:0.004820:0.008348:0.003639:0.009577:0.003464:0.006448:0.005411:0.009034:0.008156:0.006049:0.009066:0.008060:0.005379:0.006560:0.008986:0.008826:0.007805:0.003863:0.004373:0.002426:0.003863:0.008826:0.003863:0.008731:0.005554:0.007470:0.005203:0.009401:0.003863:0.006767:0.007182:0.009353:0.009034:0.008826:0.005411:0.004373 rate).As such the £42.6 billion increase in the provisions :@0.489483:0.897779:0.890248:0.897779:0.890248:0.887194:0.489483:0.887194:0.005554:0.008300:0.005411:0.008539:0.004820:0.003671:0.010502:0.006767:0.005746:0.006464:0.008651:0.007135:0.008731:0.005714:0.005411:0.009034:0.008076:0.006464:0.009066:0.009241:0.009162:0.003703:0.009162:0.006464:0.008906:0.003607:0.003607:0.003607:0.003607:0.008826:0.008571:0.004373:0.002426:0.003863:0.008731:0.007135:0.005554:0.008140:0.007901:0.006767:0.008012:0.006049:0.003272:0.007566:0.006049:0.005411:0.009034:0.008156:0.006464:0.008986:0.005379:0.008986:0.007390:0.003863:0.006384:0.003863:0.008826:0.008731:0.006560:0.004373 reflects a change in the way the liabilities are valued, :@0.489483:0.912864:0.867791:0.912864:0.867791:0.902279:0.489483:0.902279:0.005554:0.008060:0.004996:0.003863:0.008028:0.007374:0.005139:0.006767:0.005491:0.006799:0.006049:0.007374:0.009034:0.008124:0.009034:0.009401:0.008348:0.005969:0.003368:0.007901:0.005714:0.005411:0.009034:0.008076:0.005299:0.012178:0.008651:0.008156:0.004868:0.005411:0.009034:0.008156:0.006464:0.003863:0.003863:0.007821:0.008986:0.003863:0.003527:0.003863:0.005123:0.003863:0.007901:0.006560:0.005634:0.007805:0.005299:0.007901:0.004868:0.007645:0.008316:0.003863:0.009034:0.008348:0.009401:0.003464:0.004373 rather than a change in the underlying liabilities.:@0.489483:0.927949:0.832836:0.927949:0.832836:0.917364:0.489483:0.917364:0.005554:0.008124:0.005219:0.009034:0.008348:0.005299:0.005203:0.005411:0.009034:0.008124:0.008842:0.006049:0.006895:0.006464:0.007374:0.009034:0.008124:0.009034:0.009401:0.008348:0.005890:0.003272:0.007645:0.006049:0.005411:0.009034:0.008156:0.006049:0.008826:0.008826:0.009401:0.007981:0.005554:0.003687:0.007725:0.003623:0.009034:0.009114:0.004373:0.002522:0.003863:0.003607:0.007805:0.008986:0.003863:0.003527:0.003863:0.005044:0.003863:0.007821:0.006560:0.003464