138:@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
The resulting adjusted claim values are then discounted :@0.068967:0.102144:0.467082:0.102144:0.467082:0.091560:0.068967:0.091560:0.008364:0.008779:0.008348:0.005938:0.005554:0.008060:0.006560:0.008731:0.003863:0.005044:0.003863:0.008571:0.009066:0.006464:0.008124:0.009018:0.003863:0.008651:0.006767:0.005076:0.008156:0.009162:0.006464:0.007135:0.003863:0.007725:0.003863:0.013280:0.005299:0.007645:0.008124:0.003863:0.009034:0.008348:0.006767:0.005778:0.007805:0.005299:0.007901:0.005203:0.005411:0.009034:0.008076:0.009034:0.006337:0.009162:0.003863:0.006464:0.007135:0.009353:0.008715:0.009034:0.005155:0.008156:0.009401:0.004373
for the time value of money (at the Treasury-prescribed :@0.068967:0.117526:0.464481:0.117526:0.464481:0.106941:0.068967:0.106941:0.004996:0.009545:0.005554:0.005283:0.005411:0.009034:0.008156:0.005203:0.005411:0.003863:0.013742:0.008060:0.004868:0.007645:0.008124:0.003863:0.009034:0.008348:0.005666:0.009353:0.005187:0.005634:0.013519:0.009353:0.009034:0.008076:0.007725:0.005123:0.004613:0.007901:0.005203:0.005299:0.005411:0.009034:0.008156:0.005203:0.008060:0.005299:0.007981:0.007901:0.006560:0.008826:0.005379:0.007470:0.006209:0.009066:0.005554:0.007965:0.006560:0.007135:0.005379:0.003863:0.009082:0.008060:0.009162:0.004373
rates) to give a present value at the accounting date.:@0.069723:0.133205:0.443658:0.133205:0.443658:0.122620:0.069723:0.122620:0.005554:0.007805:0.005203:0.008060:0.006767:0.004581:0.005203:0.005411:0.009130:0.005203:0.008906:0.003863:0.007135:0.007901:0.006049:0.006895:0.006464:0.009385:0.005554:0.007996:0.006767:0.008108:0.009034:0.005155:0.004373:0.007645:0.008316:0.003863:0.009034:0.008348:0.005634:0.008124:0.005155:0.004868:0.005411:0.009034:0.008348:0.005762:0.008124:0.007374:0.007374:0.009353:0.009034:0.009034:0.005411:0.003863:0.009034:0.009401:0.005922:0.009162:0.008124:0.005060:0.008156:0.003464
•  Settled PPOs :@0.048807:0.155007:0.175588:0.155007:0.175588:0.143865:0.048807:0.143865:0.006468:0.004637:0.012248:0.009157:0.008905:0.006536:0.006536:0.004570:0.008905:0.010400:0.006317:0.009493:0.009493:0.011677:0.006804:0.004637
-  The provision  is determined on an :@0.176242:0.154882:0.434651:0.154882:0.434651:0.144297:0.176242:0.144297:0.006384:0.002442:0.004373:0.008364:0.008858:0.008348:0.005938:0.009066:0.005299:0.008906:0.007310:0.003863:0.006384:0.003863:0.008731:0.008731:0.004373:0.002426:0.003192:0.005714:0.005634:0.009401:0.008156:0.005411:0.008348:0.005315:0.013742:0.003863:0.008779:0.008348:0.009401:0.005938:0.008571:0.008395:0.006384:0.007470:0.008316:0.004373
individual claim-by-claim basis and then aggregated :@0.072579:0.169966:0.444870:0.169966:0.444870:0.159381:0.072579:0.159381:0.003863:0.008571:0.009066:0.003863:0.007310:0.003863:0.009082:0.008826:0.007901:0.003863:0.006384:0.007135:0.003863:0.007725:0.003863:0.013359:0.006209:0.009162:0.007725:0.006049:0.007135:0.003863:0.007901:0.003863:0.013359:0.006464:0.008826:0.007645:0.006464:0.003607:0.006464:0.005634:0.007805:0.008651:0.008986:0.006049:0.005203:0.009034:0.008348:0.008826:0.006049:0.007901:0.009401:0.009002:0.005554:0.008140:0.009401:0.007741:0.005411:0.008108:0.009401:0.004373
across all settled  PPOs.  Each claim's schedule of :@0.072159:0.185110:0.413230:0.185110:0.413230:0.174525:0.072159:0.174525:0.007901:0.007135:0.005379:0.009162:0.006560:0.006767:0.005491:0.007230:0.003448:0.003448:0.006464:0.006560:0.008060:0.005203:0.005411:0.003575:0.008060:0.009066:0.004373:0.002522:0.008156:0.008316:0.011093:0.006305:0.003192:0.004373:0.003352:0.007725:0.007805:0.007135:0.008731:0.006049:0.007055:0.003863:0.007725:0.003863:0.013280:0.003671:0.006496:0.005634:0.006767:0.007087:0.009034:0.008348:0.009082:0.009034:0.003863:0.008108:0.005634:0.009353:0.004756:0.004373
future payments is projected  into the future on :@0.071739:0.200194:0.410496:0.200194:0.410496:0.189609:0.071739:0.189609:0.004996:0.009034:0.005411:0.009289:0.005554:0.008348:0.006592:0.009385:0.007837:0.007725:0.013535:0.008348:0.009034:0.005139:0.006767:0.006001:0.003192:0.005714:0.006049:0.008986:0.005379:0.008986:0.003863:0.007821:0.007135:0.005411:0.007869:0.009066:0.004373:0.002522:0.003863:0.008571:0.005123:0.008986:0.005299:0.005411:0.009034:0.008156:0.005634:0.004996:0.009034:0.005411:0.009289:0.005554:0.008348:0.005762:0.008395:0.008156:0.004373
each of their due dates, allowing for applicable :@0.072159:0.215338:0.412065:0.215338:0.412065:0.204754:0.072159:0.204754:0.008060:0.007901:0.007135:0.008731:0.006464:0.009353:0.004756:0.005299:0.005411:0.009034:0.008348:0.003863:0.005554:0.005251:0.009401:0.008667:0.008156:0.005634:0.009401:0.008124:0.005235:0.008348:0.006767:0.003288:0.006464:0.008124:0.003863:0.003863:0.009178:0.011540:0.003863:0.009034:0.009401:0.005985:0.004996:0.009545:0.005554:0.005794:0.007901:0.009162:0.009385:0.003639:0.003863:0.007135:0.008124:0.009018:0.003863:0.008060:0.004373
increases (e.g.  inflation). A probability of survival:@0.072579:0.230423:0.415932:0.230423:0.415932:0.219838:0.072579:0.219838:0.003863:0.009034:0.007007:0.005554:0.008140:0.007901:0.006767:0.008012:0.006767:0.005491:0.004820:0.008348:0.003464:0.009401:0.003464:0.004373:0.002841:0.003863:0.008826:0.004996:0.003863:0.008124:0.005411:0.003863:0.009114:0.009034:0.004820:0.003464:0.006368:0.011348:0.005634:0.009385:0.005315:0.009066:0.009162:0.007901:0.009162:0.003863:0.003863:0.003623:0.005411:0.007438:0.005203:0.009353:0.005187:0.005299:0.006384:0.008571:0.005299:0.007310:0.003863:0.007135:0.007725:0.003863
is then applied to each  projected  payment,  based :@0.072581:0.245510:0.426899:0.245510:0.426899:0.234926:0.072581:0.234926:0.003192:0.005714:0.005203:0.005203:0.009034:0.008348:0.008826:0.006464:0.007901:0.008986:0.009066:0.003863:0.003527:0.007981:0.009066:0.006049:0.005411:0.009130:0.005634:0.008060:0.007901:0.007135:0.008731:0.004373:0.002522:0.008986:0.005379:0.008986:0.003863:0.007821:0.007135:0.005411:0.007869:0.009066:0.004373:0.002522:0.009385:0.008124:0.007725:0.013742:0.008060:0.009034:0.005411:0.003464:0.004373:0.002410:0.008906:0.007566:0.006384:0.007805:0.008826:0.004373
on the individual's life expectancy and the fitted :@0.072161:0.260358:0.416089:0.260358:0.416089:0.249773:0.072161:0.249773:0.008571:0.008395:0.006049:0.005411:0.009034:0.008156:0.006384:0.003863:0.008731:0.008986:0.003863:0.007230:0.003863:0.008906:0.008731:0.007901:0.003863:0.003368:0.006560:0.006049:0.003863:0.003527:0.004788:0.007981:0.005634:0.008348:0.007534:0.009385:0.008348:0.007374:0.005411:0.008124:0.009034:0.007374:0.007725:0.005187:0.007805:0.008651:0.008986:0.006049:0.005411:0.009034:0.008156:0.005634:0.004788:0.003863:0.005203:0.005203:0.008156:0.009066:0.004373
mortality tables. This provides a weighting that allows :@0.072581:0.275442:0.459588:0.275442:0.459588:0.264858:0.072581:0.264858:0.013742:0.009353:0.005299:0.005411:0.007949:0.003863:0.003863:0.005411:0.007725:0.004756:0.005411:0.007949:0.009385:0.003639:0.008348:0.006767:0.003192:0.006464:0.008364:0.008858:0.003863:0.006767:0.005666:0.009066:0.005299:0.009066:0.007390:0.003863:0.009082:0.008060:0.006767:0.005076:0.006895:0.005634:0.011540:0.008539:0.003863:0.009656:0.009034:0.005586:0.003863:0.009321:0.009577:0.006049:0.005411:0.009369:0.008316:0.005411:0.005347:0.008124:0.003863:0.003863:0.009353:0.011540:0.006767:0.004373
for the relative probability of each  payment being :@0.071741:0.290587:0.428629:0.290587:0.428629:0.280002:0.071741:0.280002:0.004996:0.009545:0.005554:0.005363:0.005411:0.009034:0.008156:0.006049:0.005299:0.008060:0.003863:0.007821:0.005203:0.003863:0.007390:0.008060:0.006049:0.009385:0.005315:0.009066:0.009162:0.007901:0.009162:0.003863:0.003863:0.003623:0.005411:0.007438:0.005634:0.009353:0.004756:0.005299:0.008060:0.007901:0.007135:0.008731:0.004373:0.002522:0.009385:0.008124:0.007518:0.013742:0.008348:0.008826:0.005411:0.005938:0.008826:0.007805:0.003607:0.008491:0.008826:0.004373
made. This forms the cash flows which are then :@0.072581:0.305672:0.416860:0.305672:0.416860:0.295087:0.072581:0.295087:0.013742:0.007757:0.009401:0.008076:0.003464:0.006368:0.008364:0.008603:0.003863:0.006560:0.005299:0.004996:0.009353:0.005554:0.013950:0.006767:0.004916:0.005411:0.009034:0.008156:0.006049:0.007055:0.007645:0.006464:0.008651:0.006049:0.004996:0.004166:0.009752:0.011923:0.007055:0.004868:0.011763:0.009321:0.003863:0.007645:0.009321:0.006464:0.007725:0.005299:0.007901:0.005299:0.005411:0.008699:0.008060:0.008826:0.004373
discounted using the HM Treasury-prescribed discount :@0.072161:0.320816:0.462503:0.320816:0.462503:0.310232:0.072161:0.310232:0.009401:0.003623:0.006767:0.007182:0.009353:0.008715:0.009034:0.005155:0.008156:0.009401:0.006736:0.008571:0.006384:0.003863:0.008491:0.008986:0.006049:0.005411:0.009034:0.008156:0.006384:0.010502:0.013359:0.006049:0.008060:0.005299:0.007981:0.007805:0.006560:0.008826:0.005379:0.007470:0.006384:0.008906:0.005554:0.007965:0.006560:0.007135:0.005379:0.003863:0.009082:0.008060:0.009162:0.006464:0.009401:0.003863:0.006560:0.007374:0.009098:0.008826:0.009034:0.005155:0.004373
rates to calculate a present value of the liability.:@0.072581:0.335900:0.408704:0.335900:0.408704:0.325315:0.072581:0.325315:0.005379:0.008124:0.005155:0.008156:0.006767:0.004740:0.005411:0.009130:0.005634:0.007374:0.007917:0.003863:0.007374:0.009034:0.003863:0.008124:0.005411:0.008348:0.006065:0.006799:0.006464:0.009385:0.005235:0.008156:0.006767:0.008012:0.008826:0.005203:0.004868:0.007645:0.008316:0.003863:0.009034:0.008348:0.005554:0.009353:0.004756:0.005203:0.005411:0.009034:0.008156:0.006049:0.003527:0.003607:0.007566:0.008651:0.003607:0.003607:0.003607:0.005044:0.007135:0.003464
•  IBNR :@0.048807:0.358000:0.113508:0.358000:0.113508:0.346858:0.048807:0.346858:0.006468:0.004637:0.012668:0.004704:0.009745:0.011929:0.009913:0.004637
-  To estimate the IBNR provision at the :@0.113323:0.357875:0.393040:0.357875:0.393040:0.347291:0.113323:0.347291:0.006384:0.002442:0.004868:0.007230:0.008060:0.005714:0.008348:0.006767:0.005123:0.003863:0.013519:0.008124:0.005235:0.008348:0.005507:0.005411:0.009034:0.008156:0.006049:0.003942:0.008395:0.011093:0.008826:0.006049:0.009066:0.005299:0.008906:0.007310:0.003863:0.006384:0.003863:0.008731:0.008651:0.006464:0.008124:0.005235:0.004788:0.005411:0.008699:0.008060:0.004373
accounting date, the actuaries model the future cash :@0.072161:0.372960:0.453150:0.372960:0.453150:0.362376:0.072161:0.362376:0.008124:0.007374:0.007374:0.009353:0.009034:0.009034:0.005411:0.003863:0.009034:0.009401:0.006257:0.009401:0.007901:0.005411:0.008108:0.003464:0.006033:0.005411:0.009034:0.008156:0.006049:0.008124:0.007374:0.005411:0.009034:0.008124:0.005554:0.003863:0.008348:0.006767:0.005953:0.013184:0.008906:0.008986:0.007981:0.003863:0.005890:0.005411:0.009034:0.008156:0.005203:0.004996:0.009034:0.005411:0.009289:0.005554:0.008348:0.006177:0.006975:0.007566:0.006384:0.008491:0.004373
flows expected to arise from  IBNR claims and calculate :@0.071741:0.387807:0.464206:0.387807:0.464206:0.377223:0.071741:0.377223:0.005203:0.004038:0.009752:0.011923:0.007055:0.005634:0.008060:0.007326:0.009050:0.008348:0.007023:0.005411:0.008108:0.009162:0.006049:0.005411:0.009130:0.005634:0.007901:0.005379:0.003863:0.006305:0.007981:0.005299:0.004788:0.005554:0.009146:0.013519:0.004373:0.002522:0.003942:0.008395:0.011093:0.008826:0.005634:0.007374:0.003623:0.007901:0.003863:0.013359:0.006767:0.005491:0.007805:0.008571:0.008986:0.006464:0.007374:0.007917:0.003863:0.007374:0.009034:0.003863:0.007869:0.005411:0.008348:0.004373
a  present value (at the  HM Treasury-prescribed :@0.072161:0.402892:0.406432:0.402892:0.406432:0.392308:0.072161:0.392308:0.006895:0.004373:0.002426:0.009162:0.005379:0.008156:0.006767:0.008012:0.009034:0.005155:0.004373:0.007645:0.008316:0.003863:0.009034:0.008348:0.005969:0.004613:0.007901:0.005203:0.004868:0.005411:0.009034:0.008156:0.004373:0.002426:0.010502:0.013359:0.005634:0.008060:0.005299:0.007981:0.007901:0.006560:0.008826:0.005379:0.007470:0.006209:0.009066:0.005554:0.007965:0.006560:0.007135:0.005379:0.003863:0.009082:0.008060:0.009162:0.004373
discount rates).  The steps to arrive at an estimate are::@0.072161:0.417977:0.452240:0.417977:0.452240:0.407393:0.072161:0.407393:0.009401:0.003863:0.006767:0.007182:0.009353:0.009034:0.009034:0.005411:0.005730:0.005379:0.007901:0.005203:0.008060:0.006560:0.004613:0.003464:0.004373:0.002410:0.008364:0.008779:0.008348:0.005507:0.006767:0.005076:0.008060:0.009066:0.006560:0.005203:0.005411:0.009130:0.005634:0.007901:0.005379:0.005379:0.003863:0.007310:0.008060:0.005714:0.008124:0.005155:0.005634:0.007390:0.008316:0.006464:0.008348:0.006767:0.005219:0.003863:0.013742:0.008124:0.005411:0.008348:0.005538:0.007725:0.005299:0.007901:0.003464
-   A characteristic pattern of claims reporting from :@0.066532:0.440248:0.432981:0.440248:0.432981:0.429664:0.066532:0.429664:0.006384:0.002522:0.004373:0.006049:0.011348:0.005203:0.007374:0.009034:0.008124:0.005554:0.008395:0.007374:0.005411:0.008348:0.005554:0.003863:0.007007:0.005411:0.003863:0.007374:0.005698:0.009385:0.007757:0.005411:0.005411:0.007996:0.005554:0.009034:0.006337:0.009353:0.004756:0.005634:0.007374:0.003623:0.007901:0.003863:0.013359:0.006767:0.005922:0.005379:0.008060:0.009066:0.008986:0.005379:0.005411:0.003655:0.008731:0.009066:0.006049:0.004788:0.005554:0.008890:0.013359:0.004373
claim  incident year is identified to determine the :@0.086694:0.455629:0.434660:0.455629:0.434660:0.445045:0.086694:0.445045:0.007135:0.003863:0.007566:0.003863:0.013024:0.004373:0.002522:0.003863:0.009034:0.007103:0.003863:0.009401:0.008156:0.009034:0.005155:0.004868:0.007725:0.008348:0.008124:0.005554:0.005698:0.003192:0.005714:0.006049:0.003863:0.009401:0.007996:0.009034:0.005155:0.003863:0.004996:0.003655:0.008156:0.009401:0.005475:0.005411:0.009130:0.005634:0.009401:0.008156:0.005411:0.008348:0.005554:0.013742:0.003863:0.009034:0.008348:0.005171:0.005411:0.008699:0.008060:0.004373
ultimate number of claims that are expected to :@0.087114:0.471011:0.426158:0.471011:0.426158:0.460426:0.087114:0.460426:0.009034:0.003863:0.005411:0.003863:0.013455:0.008124:0.005235:0.008348:0.005938:0.009034:0.009034:0.013742:0.009098:0.008348:0.005554:0.005331:0.009353:0.004996:0.005395:0.007374:0.003863:0.007837:0.003863:0.013439:0.006767:0.004820:0.005411:0.009369:0.008316:0.005411:0.005762:0.007805:0.005299:0.007901:0.005634:0.008348:0.007326:0.009018:0.008348:0.007103:0.005411:0.008108:0.009401:0.005475:0.005123:0.008986:0.004373
arise from  incidents that have occurred  in each :@0.086694:0.486688:0.423280:0.486688:0.423280:0.476104:0.086694:0.476104:0.007901:0.005379:0.003863:0.006305:0.007981:0.005299:0.004788:0.005554:0.009146:0.013519:0.004373:0.002522:0.003863:0.009034:0.007103:0.003863:0.009162:0.008348:0.008699:0.005411:0.006767:0.005123:0.005411:0.009369:0.008316:0.005411:0.005762:0.008731:0.007725:0.007390:0.007981:0.006049:0.009162:0.007374:0.007071:0.008731:0.005379:0.005379:0.008348:0.009034:0.004373:0.002426:0.003272:0.007645:0.006464:0.007901:0.007805:0.007055:0.008651:0.004373
past year up to the accounting date. This allows :@0.087114:0.502070:0.432127:0.502070:0.432127:0.491486:0.087114:0.491486:0.009066:0.007805:0.006560:0.005203:0.004373:0.007725:0.008348:0.008124:0.005554:0.006193:0.008316:0.008571:0.005634:0.005411:0.009130:0.004868:0.005411:0.009034:0.008156:0.006049:0.008124:0.007166:0.007374:0.009353:0.009034:0.009034:0.005411:0.003863:0.009034:0.009401:0.006049:0.009401:0.007901:0.005411:0.008108:0.003464:0.006448:0.008364:0.008603:0.003863:0.006560:0.005634:0.008124:0.003863:0.003863:0.009353:0.011540:0.006767:0.004373
a projection to be made for the number of IBNR :@0.086694:0.517512:0.432952:0.517512:0.432952:0.506927:0.086694:0.506927:0.006895:0.006384:0.009066:0.005299:0.009066:0.003863:0.007981:0.007135:0.005411:0.003655:0.009066:0.008826:0.006049:0.005411:0.009130:0.006049:0.008571:0.007566:0.006049:0.013439:0.007901:0.009401:0.007981:0.005203:0.004996:0.009545:0.005554:0.005283:0.005411:0.009034:0.008156:0.006049:0.009034:0.009034:0.013742:0.009098:0.008348:0.005554:0.005666:0.009353:0.004756:0.006049:0.003942:0.008236:0.010917:0.008731:0.004373
claims expected to be reported  in each future year.:@0.086694:0.532953:0.447014:0.532953:0.447014:0.522368:0.086694:0.522368:0.007374:0.003623:0.007901:0.003863:0.013359:0.006767:0.005491:0.008060:0.007326:0.009050:0.008348:0.007023:0.005411:0.008108:0.009162:0.006049:0.005411:0.009130:0.006049:0.008571:0.007566:0.006049:0.005299:0.008060:0.009066:0.008986:0.005379:0.005411:0.007949:0.009066:0.004373:0.002522:0.003272:0.007645:0.006384:0.008060:0.007901:0.007135:0.008826:0.006049:0.004996:0.009034:0.005411:0.009210:0.005554:0.008348:0.005427:0.007230:0.007725:0.007645:0.005203:0.003464
-   Assumptions are then made about the average :@0.066532:0.555107:0.425368:0.555107:0.425368:0.544523:0.066532:0.544523:0.006384:0.002522:0.004373:0.006049:0.010295:0.006767:0.006959:0.009034:0.013742:0.009656:0.005411:0.003863:0.009353:0.009034:0.007039:0.005634:0.007805:0.005299:0.007901:0.005203:0.005411:0.009034:0.008076:0.009034:0.006752:0.013439:0.007901:0.009401:0.007981:0.005634:0.008124:0.009385:0.009545:0.009034:0.005411:0.004884:0.005411:0.009034:0.008156:0.005634:0.008124:0.007422:0.008348:0.005347:0.008124:0.009401:0.008092:0.004373
claim sizes for different types of claim. Adjustments :@0.086694:0.570489:0.457548:0.570489:0.457548:0.559905:0.086694:0.559905:0.007135:0.003863:0.007566:0.003863:0.013024:0.006464:0.006767:0.003559:0.006975:0.007981:0.006560:0.004868:0.004996:0.009545:0.005554:0.005698:0.009401:0.004038:0.004996:0.004996:0.008348:0.005554:0.008348:0.009034:0.005411:0.005235:0.005203:0.007725:0.008986:0.008156:0.006767:0.005491:0.009353:0.004756:0.005203:0.007374:0.003863:0.007917:0.003863:0.013519:0.003464:0.005938:0.010295:0.009401:0.004070:0.009034:0.007007:0.005411:0.013998:0.008348:0.009210:0.005411:0.006943:0.004373
are made to these assumed claim sizes to:@0.086694:0.585871:0.381446:0.585871:0.381446:0.575287:0.086694:0.575287:0.007805:0.005299:0.007901:0.006049:0.013439:0.007901:0.009162:0.008156:0.005299:0.005411:0.009130:0.005203:0.005411:0.009034:0.008076:0.006767:0.008348:0.005554:0.008124:0.006416:0.006767:0.008683:0.013439:0.008156:0.009401:0.006305:0.007135:0.003863:0.007725:0.003863:0.013280:0.006049:0.006767:0.003559:0.006975:0.008060:0.006560:0.005203:0.005123:0.009353
allow for expected future claims inflation.:@0.086694:0.601313:0.381541:0.601313:0.381541:0.590728:0.086694:0.590728:0.008316:0.003863:0.004038:0.009353:0.011907:0.004868:0.004996:0.009545:0.005554:0.005698:0.008060:0.007326:0.009050:0.008348:0.007023:0.005411:0.008108:0.009162:0.006049:0.004996:0.009034:0.005411:0.009289:0.005554:0.008348:0.006177:0.007374:0.003623:0.007901:0.003863:0.013359:0.006767:0.005922:0.003863:0.009034:0.004996:0.003863:0.007901:0.005411:0.003863:0.009130:0.009034:0.003464
-   By combining the average claim sizes with the :@0.066532:0.623524:0.418888:0.623524:0.418888:0.612940:0.066532:0.612940:0.006384:0.002522:0.004373:0.007310:0.008491:0.007230:0.005203:0.007374:0.009178:0.013519:0.009162:0.003863:0.008826:0.003863:0.008826:0.009401:0.005890:0.005411:0.009034:0.008156:0.005634:0.008124:0.007422:0.008348:0.005347:0.008124:0.009401:0.008092:0.006049:0.007135:0.003863:0.007725:0.003863:0.013280:0.006049:0.006767:0.003559:0.006975:0.007981:0.006560:0.004868:0.011843:0.003863:0.005634:0.009241:0.006049:0.005411:0.008699:0.008060:0.004373
claim  numbers and  patterns for the reporting :@0.086694:0.638906:0.412793:0.638906:0.412793:0.628322:0.086694:0.628322:0.007135:0.003863:0.007566:0.003863:0.013024:0.004373:0.002522:0.009034:0.009034:0.013519:0.009385:0.008172:0.005554:0.006767:0.005060:0.007805:0.008571:0.008986:0.004373:0.002522:0.009385:0.008124:0.005411:0.005411:0.008348:0.005554:0.009034:0.006767:0.004884:0.004996:0.009545:0.005554:0.005283:0.005411:0.009034:0.008156:0.006049:0.005554:0.007965:0.009066:0.008986:0.005379:0.005411:0.003575:0.008651:0.009066:0.004373
to payment time lag appropriately, a  projection :@0.086274:0.654347:0.424551:0.654347:0.424551:0.643763:0.086274:0.643763:0.005123:0.008986:0.006049:0.009385:0.008124:0.007518:0.013742:0.008348:0.008826:0.005411:0.005171:0.005411:0.003863:0.013742:0.008060:0.006049:0.003527:0.007310:0.008491:0.006464:0.008124:0.009018:0.009162:0.005379:0.009066:0.009162:0.005379:0.003863:0.007901:0.005203:0.008348:0.003671:0.007725:0.003192:0.006464:0.006799:0.004373:0.002522:0.009066:0.005379:0.008986:0.003863:0.007821:0.007135:0.005411:0.003575:0.008986:0.008731:0.004373
is made for the total value of claim payments :@0.087114:0.670025:0.412511:0.670025:0.412511:0.659441:0.087114:0.659441:0.003192:0.005634:0.006049:0.013359:0.007805:0.009066:0.008060:0.005714:0.004996:0.009545:0.005554:0.004868:0.005411:0.009034:0.008156:0.005634:0.005203:0.009066:0.005203:0.007901:0.003863:0.005459:0.007645:0.008316:0.003863:0.009034:0.008348:0.005554:0.009353:0.005187:0.005203:0.007135:0.003863:0.007725:0.003863:0.013280:0.006464:0.009385:0.007837:0.007725:0.013359:0.008156:0.009034:0.005155:0.006767:0.004373
for IBNR claims in each future year.:@0.086274:0.685407:0.333382:0.685407:0.333382:0.674822:0.086274:0.674822:0.004996:0.009545:0.005554:0.005698:0.003942:0.008395:0.011093:0.008826:0.005714:0.007374:0.003863:0.007837:0.003863:0.013439:0.006767:0.005586:0.003368:0.007981:0.006049:0.008156:0.008124:0.007087:0.009034:0.005507:0.004996:0.009369:0.005411:0.009289:0.005554:0.008555:0.004788:0.007230:0.007805:0.007645:0.005203:0.003464
-   For claims that are assumed to settle as PPOs, :@0.066532:0.707620:0.414068:0.707620:0.414068:0.697035:0.066532:0.697035:0.006384:0.002522:0.004373:0.007310:0.007230:0.008571:0.005123:0.005714:0.007135:0.003863:0.007821:0.003863:0.013359:0.006767:0.005155:0.005411:0.009369:0.008316:0.005411:0.005347:0.007805:0.005299:0.007901:0.006049:0.008124:0.006416:0.006767:0.008683:0.013439:0.008156:0.009401:0.005554:0.005411:0.009034:0.005714:0.006767:0.007933:0.005203:0.005411:0.003655:0.008060:0.006049:0.007470:0.006209:0.006464:0.008236:0.008316:0.011093:0.006305:0.003192:0.004373
an estimated payment pattern is used to model :@0.086694:0.723000:0.427765:0.723000:0.427765:0.712416:0.086694:0.712416:0.007390:0.008316:0.006464:0.008348:0.006767:0.005123:0.003863:0.013519:0.008124:0.005235:0.008348:0.009210:0.006464:0.009385:0.008124:0.007725:0.013742:0.008348:0.009034:0.005411:0.005523:0.009385:0.007757:0.005411:0.005411:0.007996:0.005554:0.009034:0.006752:0.003192:0.005714:0.006049:0.008395:0.006305:0.007901:0.008826:0.006049:0.005411:0.009130:0.006049:0.012944:0.008731:0.008826:0.007805:0.003607:0.004373
the future cash flows,  based on  mortality :@0.086274:0.738442:0.383835:0.738442:0.383835:0.727857:0.086274:0.727857:0.005411:0.009034:0.008156:0.005203:0.004996:0.009034:0.005411:0.009289:0.005554:0.008348:0.006177:0.007055:0.007645:0.006464:0.008651:0.006049:0.005203:0.004038:0.009752:0.011923:0.007055:0.003464:0.004373:0.002586:0.008986:0.007645:0.006464:0.007901:0.008986:0.006384:0.008571:0.008395:0.004373:0.002522:0.013742:0.009018:0.005554:0.005203:0.008124:0.003639:0.003863:0.005411:0.007534:0.004373
assumptions derived from the settled  PPO :@0.086694:0.753822:0.387862:0.753822:0.387862:0.743238:0.086694:0.743238:0.008124:0.006767:0.006767:0.008747:0.013742:0.009385:0.005187:0.003863:0.009353:0.009034:0.006560:0.005634:0.009066:0.008060:0.005379:0.003863:0.007230:0.008156:0.009066:0.005634:0.004996:0.005554:0.009353:0.013535:0.005634:0.005411:0.009034:0.008156:0.005634:0.006560:0.008060:0.005203:0.005411:0.003655:0.008060:0.009066:0.004373:0.002857:0.007981:0.007981:0.010662:0.004373
claims.  Lump sum settlements are assumed to :@0.086694:0.769203:0.418092:0.769203:0.418092:0.758619:0.086694:0.758619:0.007135:0.003863:0.007725:0.003863:0.013359:0.006767:0.003224:0.004373:0.003272:0.007230:0.008731:0.013280:0.009066:0.006049:0.006464:0.008571:0.013184:0.006049:0.006767:0.008348:0.005411:0.005411:0.003863:0.008348:0.013742:0.008348:0.009034:0.005411:0.006767:0.005666:0.007805:0.005299:0.007901:0.005634:0.008124:0.006416:0.006767:0.008683:0.013519:0.008156:0.009401:0.005890:0.005123:0.008986:0.004373
be paid out in full around settlement time.:@0.087114:0.784585:0.388043:0.784585:0.388043:0.774000:0.087114:0.774000:0.008571:0.007566:0.006049:0.008826:0.007470:0.003607:0.008731:0.006384:0.009353:0.009034:0.005411:0.005682:0.003272:0.007566:0.006049:0.004996:0.008619:0.003863:0.003527:0.006464:0.008124:0.005315:0.009162:0.009034:0.008699:0.009401:0.005890:0.006767:0.008523:0.005411:0.005411:0.003863:0.008348:0.013934:0.008348:0.009034:0.005411:0.004852:0.005411:0.003655:0.013742:0.008092:0.003464
-   The final step in the process is to calculate :@0.066532:0.806859:0.390764:0.806859:0.390764:0.796275:0.066532:0.796275:0.006384:0.002522:0.004373:0.006464:0.008364:0.008858:0.008348:0.005092:0.004996:0.003863:0.008779:0.008124:0.003639:0.006464:0.006560:0.005123:0.007981:0.008986:0.006464:0.003272:0.007566:0.006049:0.005411:0.009034:0.008156:0.006049:0.009066:0.005379:0.008986:0.007135:0.007981:0.006560:0.006560:0.006049:0.003192:0.005634:0.005299:0.005411:0.009034:0.005714:0.007374:0.008124:0.003655:0.007374:0.009034:0.003671:0.008124:0.005235:0.008348:0.004373
the present value of the projected future :@0.086274:0.822240:0.379813:0.822240:0.379813:0.811656:0.086274:0.811656:0.005411:0.009034:0.008156:0.006049:0.009385:0.005235:0.008156:0.006767:0.008012:0.008826:0.005203:0.004868:0.007645:0.008316:0.003863:0.009034:0.008348:0.005554:0.009353:0.004756:0.005203:0.005411:0.009034:0.008156:0.006049:0.009066:0.005379:0.009066:0.003863:0.007981:0.007135:0.005411:0.007949:0.009066:0.006049:0.004996:0.009034:0.005411:0.009034:0.005554:0.008348:0.004373
cash flows (using the HM Treasury-prescribed :@0.086694:0.837918:0.411644:0.837918:0.411644:0.827333:0.086694:0.827333:0.007055:0.007645:0.006464:0.008651:0.006049:0.004996:0.004166:0.009752:0.011923:0.007055:0.005299:0.004820:0.008699:0.006464:0.003863:0.008571:0.009066:0.006049:0.005411:0.009034:0.008156:0.006464:0.010502:0.013280:0.005634:0.008060:0.005299:0.007981:0.007901:0.006560:0.008826:0.005379:0.007470:0.006209:0.009066:0.005554:0.007965:0.006560:0.007135:0.005379:0.003863:0.009082:0.008060:0.009162:0.004373
discount rates), and this gives the estimated :@0.086694:0.853300:0.402419:0.853300:0.402419:0.842715:0.086694:0.842715:0.009401:0.003863:0.006767:0.007103:0.009353:0.009034:0.008826:0.005411:0.005938:0.005554:0.007885:0.005411:0.008028:0.006767:0.004581:0.003464:0.006368:0.007805:0.008571:0.008986:0.006049:0.005411:0.008779:0.003863:0.006560:0.005634:0.009066:0.003863:0.007230:0.007981:0.006560:0.004788:0.005411:0.009034:0.008156:0.006049:0.008060:0.006767:0.005155:0.003863:0.013359:0.008124:0.005155:0.008156:0.009162:0.004373
IBNR provision at the accounting date.:@0.087114:0.868680:0.358148:0.868680:0.358148:0.858096:0.087114:0.858096:0.003942:0.008395:0.011093:0.008826:0.006049:0.008826:0.005203:0.008906:0.007310:0.003863:0.006305:0.003863:0.008731:0.008651:0.006464:0.008124:0.005155:0.004868:0.005411:0.009034:0.008156:0.006049:0.008124:0.007166:0.007374:0.009353:0.009034:0.009034:0.005411:0.003863:0.009034:0.009401:0.006049:0.009162:0.008124:0.005060:0.008156:0.003464
-   For CNST,  ELS and  DHSC  clinical  liabilities, :@0.507208:0.102144:0.827865:0.102144:0.827865:0.091560:0.507208:0.091560:0.006384:0.002522:0.004373:0.006879:0.007390:0.008826:0.005203:0.005203:0.009497:0.011428:0.008156:0.007981:0.003272:0.004373:0.002937:0.007390:0.006975:0.007805:0.006049:0.007805:0.008571:0.008986:0.004373:0.002522:0.010662:0.010838:0.008060:0.009497:0.004373:0.002522:0.007055:0.003863:0.003863:0.008571:0.003863:0.007055:0.007901:0.003863:0.004373:0.002426:0.003863:0.003863:0.007725:0.008986:0.003863:0.003527:0.003863:0.005123:0.003863:0.007901:0.006560:0.003464:0.004373
these calculations are carried out separately :@0.526613:0.117526:0.842003:0.117526:0.842003:0.106941:0.526613:0.106941:0.005411:0.009034:0.008076:0.006767:0.008348:0.005890:0.007374:0.007917:0.003863:0.007374:0.009034:0.003863:0.008124:0.005411:0.003863:0.009353:0.009034:0.006767:0.005554:0.007725:0.005299:0.007901:0.006049:0.007135:0.007805:0.005379:0.005554:0.003687:0.008060:0.009162:0.006049:0.009353:0.009034:0.005411:0.005267:0.006767:0.008348:0.009385:0.007837:0.005554:0.008124:0.005139:0.008348:0.003863:0.007725:0.004373
for damages,  NHS legal costs and claimant :@0.526613:0.133205:0.835411:0.133205:0.835411:0.122620:0.526613:0.122620:0.004996:0.009545:0.005554:0.005698:0.009401:0.008124:0.013742:0.008124:0.009162:0.008348:0.006767:0.003288:0.004373:0.002857:0.010917:0.010423:0.007725:0.006464:0.003527:0.007805:0.008826:0.007645:0.003607:0.006049:0.007135:0.009066:0.006767:0.005076:0.006767:0.005491:0.007805:0.008571:0.008986:0.006464:0.007374:0.003863:0.007917:0.003863:0.013742:0.008124:0.009034:0.005411:0.004373
costs, and for PPO and  non-PPO type claims.:@0.527033:0.148585:0.842918:0.148585:0.842918:0.138001:0.527033:0.138001:0.007374:0.009002:0.006767:0.005155:0.006767:0.003224:0.006384:0.007805:0.008651:0.008986:0.006049:0.004996:0.009545:0.005554:0.006129:0.008060:0.008060:0.010838:0.006049:0.007805:0.008651:0.008986:0.004373:0.002426:0.008731:0.008906:0.008571:0.006129:0.008571:0.008491:0.011508:0.005299:0.005411:0.007438:0.009385:0.007996:0.005634:0.007135:0.003863:0.007725:0.003863:0.013359:0.006767:0.003464
-   For this year, we have set separate assumptions :@0.507208:0.170561:0.868485:0.170561:0.868485:0.159976:0.507208:0.159976:0.006384:0.002522:0.004373:0.006879:0.007390:0.008826:0.005203:0.004788:0.005411:0.009034:0.003863:0.006767:0.004373:0.007725:0.007933:0.007901:0.005379:0.003464:0.005523:0.012178:0.008826:0.006384:0.008731:0.007805:0.007390:0.007981:0.005634:0.006560:0.007981:0.005203:0.005634:0.006767:0.008348:0.009162:0.008124:0.005554:0.008124:0.005411:0.008348:0.005523:0.008124:0.006767:0.006767:0.008747:0.013742:0.009194:0.005411:0.003863:0.009353:0.008763:0.006767:0.004373
for claims reported  under the  EN Scheme :@0.526613:0.186239:0.824525:0.186239:0.824525:0.175655:0.526613:0.175655:0.004996:0.009545:0.005554:0.005698:0.007374:0.003623:0.007901:0.003863:0.013359:0.006767:0.005922:0.005299:0.008060:0.009066:0.008986:0.005379:0.005411:0.007949:0.009066:0.004373:0.002522:0.009034:0.008779:0.009401:0.008076:0.005554:0.004693:0.005411:0.009034:0.008156:0.004373:0.002522:0.006975:0.010327:0.006049:0.008475:0.007374:0.008683:0.008348:0.013407:0.008156:0.004373
within the IBNR provision and those expected :@0.526193:0.201621:0.853968:0.201621:0.853968:0.191037:0.526193:0.191037:0.011843:0.003863:0.005714:0.009241:0.003863:0.009417:0.006049:0.005411:0.009034:0.008156:0.006049:0.003942:0.008395:0.011093:0.008826:0.006049:0.009066:0.005299:0.008906:0.007310:0.003863:0.006384:0.003863:0.008731:0.008651:0.006464:0.007805:0.008571:0.008986:0.006049:0.005411:0.008779:0.009162:0.006767:0.008348:0.005554:0.008060:0.007326:0.009050:0.008348:0.007023:0.005411:0.008108:0.009162:0.004373
to be reported outside of the scheme.:@0.526613:0.217003:0.796099:0.217003:0.796099:0.206419:0.526613:0.206419:0.005411:0.009130:0.006049:0.008571:0.007566:0.006049:0.005299:0.008060:0.009066:0.008986:0.005379:0.005411:0.007949:0.009066:0.006464:0.009162:0.009034:0.005155:0.006767:0.003863:0.009114:0.008156:0.005634:0.009353:0.004756:0.005203:0.005411:0.009034:0.008156:0.005634:0.006767:0.007182:0.009034:0.008348:0.013455:0.008348:0.003464
-   The  ELSGP provisions are determined  in a similar :@0.507208:0.239274:0.876242:0.239274:0.876242:0.228690:0.507208:0.228690:0.006384:0.002522:0.004373:0.006049:0.008364:0.008779:0.008348:0.004373:0.002394:0.008076:0.007294:0.008236:0.010758:0.008731:0.005714:0.009162:0.005554:0.008986:0.007390:0.003863:0.006384:0.003863:0.008826:0.008731:0.006560:0.005634:0.007805:0.005299:0.007901:0.005634:0.009401:0.008156:0.005411:0.008348:0.005315:0.013742:0.003863:0.008779:0.008348:0.009401:0.004373:0.002410:0.003272:0.007566:0.006464:0.006895:0.006049:0.006767:0.003655:0.013359:0.003863:0.003863:0.007821:0.005554:0.004373
manner but the reserving assumptions are based :@0.527369:0.254656:0.876963:0.254656:0.876963:0.244072:0.527369:0.244072:0.013742:0.008124:0.009210:0.009034:0.008348:0.005554:0.005714:0.009385:0.008683:0.005411:0.004756:0.005411:0.009034:0.008156:0.006384:0.005299:0.007981:0.006560:0.007981:0.005299:0.007310:0.003863:0.008491:0.008986:0.006464:0.008124:0.006767:0.006767:0.009034:0.013742:0.009162:0.005411:0.003863:0.009353:0.008842:0.006767:0.005666:0.007805:0.005299:0.007901:0.006049:0.008906:0.007566:0.006384:0.007805:0.008826:0.004373
upon the combined historical claims experience :@0.527369:0.270038:0.868967:0.270038:0.868967:0.259454:0.527369:0.259454:0.008731:0.008986:0.009066:0.008731:0.005634:0.005411:0.009034:0.008156:0.006049:0.007374:0.009178:0.013519:0.009162:0.003863:0.008826:0.008156:0.009401:0.006305:0.008731:0.003863:0.006464:0.005411:0.008954:0.005379:0.003863:0.007055:0.007805:0.003863:0.006384:0.007374:0.003863:0.007837:0.003863:0.013439:0.006767:0.005586:0.008348:0.007326:0.009114:0.008348:0.005554:0.003655:0.008348:0.009034:0.007071:0.008348:0.004373
from  periods where:  claims were handled by :@0.526613:0.285419:0.847908:0.285419:0.847908:0.274834:0.526613:0.274834:0.004788:0.005554:0.009146:0.013519:0.004373:0.002522:0.009066:0.008060:0.005379:0.003863:0.008826:0.009066:0.006560:0.004788:0.011843:0.009321:0.008571:0.005554:0.008810:0.003464:0.004373:0.002490:0.007374:0.003863:0.007837:0.003863:0.013519:0.006767:0.004820:0.011843:0.008571:0.005554:0.008635:0.006049:0.009034:0.007773:0.009034:0.009114:0.003863:0.008060:0.009401:0.006640:0.008395:0.006975:0.004373
MDDUS and/or MPS; and also more recently where :@0.527789:0.300860:0.895084:0.300860:0.895084:0.290276:0.527789:0.290276:0.014110:0.010997:0.010997:0.010965:0.008188:0.005634:0.007901:0.008651:0.009066:0.005969:0.008986:0.005379:0.006049:0.013854:0.008571:0.008156:0.003272:0.006464:0.007805:0.008651:0.008986:0.006384:0.007901:0.003863:0.006305:0.008986:0.006049:0.013280:0.008906:0.005299:0.007981:0.006049:0.005379:0.008348:0.007198:0.008348:0.009034:0.005139:0.003863:0.007725:0.004373:0.011540:0.009465:0.008571:0.005554:0.008731:0.004373
claims have been  handled  by NHS Resolution.:@0.527033:0.316539:0.850451:0.316539:0.850451:0.305954:0.527033:0.305954:0.007374:0.003863:0.007837:0.003863:0.013439:0.006767:0.005586:0.008826:0.007901:0.007470:0.008060:0.006049:0.008906:0.007981:0.007981:0.008651:0.004373:0.002426:0.009034:0.007677:0.008826:0.009162:0.003863:0.007981:0.009162:0.004373:0.002426:0.008651:0.007135:0.005634:0.010997:0.010502:0.007901:0.006464:0.009545:0.008092:0.006767:0.008938:0.003863:0.008651:0.005411:0.003655:0.009066:0.008826:0.003464
-   The assumptions used to determine the :@0.507208:0.338455:0.812765:0.338455:0.812765:0.327870:0.507208:0.327870:0.006384:0.002522:0.004373:0.006049:0.008364:0.008779:0.008348:0.005938:0.008124:0.006767:0.006767:0.008747:0.013742:0.009385:0.005187:0.003863:0.009353:0.009034:0.006560:0.006049:0.008395:0.006305:0.007901:0.008826:0.006049:0.005411:0.009130:0.005634:0.009401:0.008348:0.005411:0.008092:0.005554:0.013742:0.003863:0.008763:0.008348:0.005507:0.005411:0.008699:0.008060:0.004373
CNSGP provisions are based  mainly on  ELSGP :@0.527033:0.354134:0.854378:0.354134:0.854378:0.343549:0.527033:0.343549:0.009880:0.012210:0.008475:0.011189:0.008938:0.005762:0.009162:0.005554:0.008986:0.007390:0.003863:0.006384:0.003863:0.008826:0.008731:0.006560:0.005634:0.007805:0.005299:0.007901:0.006049:0.008986:0.007645:0.006464:0.007901:0.008906:0.004373:0.002522:0.013742:0.007757:0.003863:0.008826:0.003863:0.007486:0.005299:0.008571:0.008316:0.004373:0.002937:0.007901:0.007310:0.008156:0.010662:0.008651:0.004373
experience, scaled up to allow for the fact :@0.527033:0.369515:0.830851:0.369515:0.830851:0.358931:0.527033:0.358931:0.008348:0.007326:0.009385:0.008348:0.005554:0.003863:0.008348:0.009034:0.007374:0.008348:0.003464:0.006464:0.006560:0.007055:0.007901:0.003863:0.007901:0.009066:0.006464:0.008491:0.008826:0.005299:0.005411:0.009034:0.005714:0.008316:0.003863:0.004038:0.009353:0.011907:0.004868:0.004996:0.009784:0.005554:0.005028:0.005411:0.009034:0.008156:0.005203:0.004996:0.008443:0.007645:0.005411:0.004373
that CNSGP has wider exposure coverage.:@0.526613:0.384957:0.825978:0.384957:0.825978:0.374372:0.526613:0.374372:0.005411:0.009369:0.008316:0.005411:0.005347:0.010087:0.011939:0.008731:0.010949:0.009130:0.005634:0.008731:0.007725:0.006560:0.004788:0.011923:0.004038:0.009832:0.008731:0.005794:0.005299:0.008156:0.007326:0.009050:0.009353:0.006432:0.009034:0.005331:0.008156:0.006049:0.007374:0.009002:0.007645:0.008140:0.005554:0.008124:0.009082:0.008348:0.003464
-   For CNSC  and other coronavirus liabilities, :@0.507208:0.407168:0.829429:0.407168:0.829429:0.396584:0.507208:0.396584:0.006384:0.002522:0.004373:0.006879:0.007390:0.008826:0.005203:0.005203:0.009880:0.011939:0.008252:0.009880:0.004373:0.002458:0.007805:0.008571:0.008986:0.006464:0.009353:0.005411:0.008842:0.008348:0.005554:0.005251:0.007374:0.009353:0.005554:0.009130:0.009034:0.008124:0.007454:0.003863:0.005554:0.009034:0.006576:0.006049:0.003863:0.003863:0.007725:0.008986:0.003863:0.003527:0.003863:0.005123:0.003863:0.007901:0.006560:0.003464:0.004373
approximate methods have been used based on :@0.527033:0.422549:0.872429:0.422549:0.872429:0.411965:0.527033:0.411965:0.008124:0.009178:0.009385:0.005554:0.009353:0.007326:0.003863:0.013742:0.008124:0.005411:0.008348:0.005922:0.013742:0.008092:0.005411:0.009034:0.008986:0.009401:0.006560:0.006049:0.008731:0.007805:0.007390:0.007981:0.006384:0.008906:0.007981:0.007981:0.008651:0.006464:0.008571:0.006384:0.007981:0.008906:0.006464:0.008986:0.007645:0.006464:0.007901:0.008906:0.006464:0.008316:0.008156:0.004373
levels of activity and assumed claim frequency :@0.527369:0.437931:0.858624:0.437931:0.858624:0.427346:0.527369:0.427346:0.003863:0.007821:0.007310:0.007981:0.003863:0.006305:0.005634:0.009353:0.004756:0.005299:0.008124:0.007166:0.005411:0.003863:0.007438:0.003863:0.005203:0.007725:0.005219:0.007805:0.008571:0.008986:0.006464:0.008124:0.006416:0.006767:0.008683:0.013519:0.008156:0.009401:0.006305:0.007135:0.003863:0.007725:0.003863:0.013280:0.005634:0.004996:0.005554:0.008348:0.009577:0.009034:0.008348:0.009034:0.007374:0.007725:0.004373
and severity based on similar clinical risks.:@0.527033:0.453372:0.822360:0.453372:0.822360:0.442788:0.527033:0.442788:0.007805:0.008571:0.008986:0.006464:0.006767:0.008012:0.007470:0.008156:0.005379:0.003863:0.005203:0.007725:0.005459:0.008986:0.007645:0.006464:0.007901:0.008906:0.006464:0.008571:0.008395:0.006384:0.006767:0.003863:0.013487:0.003863:0.003863:0.007901:0.005554:0.005108:0.007135:0.003863:0.003607:0.008731:0.003863:0.007135:0.007901:0.003863:0.006720:0.005299:0.003607:0.006384:0.007390:0.006384:0.003464
7.3 :@0.489079:0.476007:0.517591:0.476007:0.517591:0.464865:0.489079:0.464865:0.009661:0.004553:0.009661:0.004637
Key assumptions and areas of uncertainty:@0.537466:0.476007:0.899160:0.476007:0.899160:0.464865:0.537466:0.464865:0.011845:0.009829:0.009829:0.005628:0.009997:0.008065:0.008065:0.011089:0.016801:0.011341:0.007140:0.005124:0.011257:0.011089:0.008065:0.006048:0.009493:0.010669:0.010921:0.006888:0.009829:0.007224:0.009829:0.009829:0.007981:0.006048:0.010921:0.006888:0.006384:0.011005:0.011089:0.008821:0.009913:0.007308:0.007140:0.009829:0.005208:0.011089:0.007140:0.009039
As with any actuarial projection, there are areas :@0.488306:0.497797:0.832697:0.497797:0.832697:0.487212:0.488306:0.487212:0.010295:0.007007:0.004868:0.011923:0.004038:0.005634:0.009401:0.006464:0.008124:0.008842:0.007725:0.005123:0.008124:0.007166:0.005411:0.009034:0.007901:0.005554:0.003863:0.008124:0.003863:0.006736:0.009385:0.005554:0.009082:0.003863:0.008060:0.007374:0.005411:0.003687:0.009162:0.008826:0.003464:0.005938:0.005411:0.009034:0.008156:0.005554:0.008140:0.006049:0.007805:0.005299:0.007901:0.005634:0.007901:0.005379:0.008060:0.007901:0.006767:0.004373
of uncertainty within the claims provisions :@0.489062:0.513238:0.793088:0.513238:0.793088:0.502654:0.489062:0.502654:0.009353:0.004756:0.005714:0.009034:0.009034:0.007550:0.008348:0.005554:0.005411:0.008124:0.003863:0.009273:0.005411:0.007725:0.004373:0.011971:0.003863:0.005714:0.009241:0.003863:0.009417:0.006049:0.005411:0.009034:0.008156:0.005634:0.007374:0.003863:0.007837:0.003863:0.013519:0.006767:0.005586:0.008986:0.005379:0.008986:0.007390:0.003863:0.006384:0.003863:0.008826:0.008731:0.006560:0.004373
estimates. This is particularly so for::@0.489062:0.528679:0.739283:0.528679:0.739283:0.518095:0.489062:0.518095:0.008348:0.006767:0.005123:0.003863:0.013519:0.008124:0.005235:0.008348:0.006767:0.003288:0.006464:0.008364:0.008858:0.003863:0.006767:0.005586:0.003368:0.005969:0.006049:0.009385:0.008124:0.005347:0.005411:0.003863:0.007198:0.009034:0.003655:0.008124:0.005554:0.003623:0.007725:0.005219:0.006464:0.008826:0.004868:0.004996:0.009114:0.005554:0.003464
•  the CNST,  ELS and DHSC  clinical schemes, :@0.489499:0.550831:0.814561:0.550831:0.814561:0.540247:0.489499:0.540247:0.006480:0.004373:0.012162:0.005411:0.009034:0.008156:0.005634:0.009497:0.011428:0.008156:0.007981:0.003272:0.004373:0.002857:0.007390:0.006975:0.007805:0.006049:0.007805:0.008651:0.008986:0.006384:0.010758:0.010997:0.008236:0.009577:0.004373:0.002426:0.007135:0.003863:0.003607:0.008731:0.003863:0.007135:0.007901:0.003863:0.006305:0.006767:0.007087:0.009034:0.008108:0.013742:0.008092:0.006767:0.003464:0.004373
given the long term nature of the liabilities;:@0.512937:0.566213:0.820250:0.566213:0.820250:0.555629:0.512937:0.555629:0.008906:0.003863:0.007055:0.007901:0.008571:0.006049:0.005411:0.009034:0.008076:0.006464:0.003607:0.008651:0.008491:0.008731:0.006049:0.005411:0.008108:0.005554:0.013519:0.006464:0.009034:0.007853:0.005411:0.008779:0.005554:0.008140:0.005634:0.009353:0.005187:0.004868:0.005411:0.009034:0.008076:0.006464:0.003863:0.003863:0.007725:0.008986:0.003863:0.003527:0.003863:0.005123:0.003863:0.007901:0.006560:0.003464
•  the GPI schemes,  given the recent changes :@0.489499:0.588484:0.821904:0.588484:0.821904:0.577900:0.489499:0.577900:0.006480:0.004373:0.012162:0.005411:0.009034:0.008156:0.006049:0.009992:0.008236:0.003942:0.006384:0.006767:0.007374:0.009034:0.008076:0.013742:0.008348:0.006560:0.003464:0.004373:0.002490:0.008906:0.003863:0.007055:0.007901:0.008571:0.006049:0.005411:0.009034:0.008076:0.006049:0.005554:0.008348:0.007182:0.008348:0.009034:0.005139:0.005203:0.007374:0.009034:0.008124:0.008810:0.009401:0.008348:0.006767:0.004373
in these arrangements with the take-:@0.513271:0.603866:0.776405:0.603866:0.776405:0.593282:0.513271:0.593282:0.003272:0.007645:0.006049:0.005411:0.009034:0.008076:0.006767:0.008348:0.005554:0.008124:0.005554:0.005554:0.008124:0.009034:0.009401:0.008555:0.013742:0.008523:0.009034:0.005411:0.006767:0.004996:0.011923:0.004038:0.005634:0.009401:0.005634:0.005411:0.009034:0.008156:0.005634:0.005203:0.007901:0.007645:0.008156:0.006384
on of claims from two MDOs; and:@0.512937:0.619248:0.755353:0.619248:0.755353:0.608664:0.512937:0.608664:0.008571:0.008316:0.006464:0.009353:0.004756:0.005203:0.007374:0.003863:0.007837:0.003863:0.013519:0.006767:0.005155:0.004996:0.005554:0.009018:0.013519:0.005634:0.005634:0.012098:0.009752:0.006384:0.014110:0.010917:0.011763:0.006767:0.003224:0.006464:0.007645:0.008491:0.009401
•  the CNSC  and CTIS schemes and Covid-19 liabilities :@0.489499:0.641519:0.886562:0.641519:0.886562:0.630935:0.489499:0.630935:0.006480:0.004373:0.012162:0.005411:0.009034:0.008156:0.005634:0.009880:0.011939:0.008252:0.009880:0.004373:0.002458:0.007805:0.008571:0.008986:0.006464:0.009880:0.008188:0.004246:0.008475:0.005507:0.006767:0.007087:0.009034:0.008348:0.013455:0.008348:0.006767:0.005459:0.007805:0.008651:0.008986:0.006464:0.009880:0.009353:0.007645:0.003863:0.009577:0.006384:0.008603:0.008779:0.006049:0.003863:0.003863:0.007821:0.008986:0.003863:0.003527:0.003863:0.005123:0.003863:0.007901:0.006560:0.004373
covered by the other schemes, given the novel nature :@0.512937:0.656901:0.898699:0.656901:0.898699:0.646317:0.512937:0.646317:0.007135:0.008986:0.007390:0.007981:0.005554:0.007885:0.009066:0.006464:0.008826:0.007310:0.004788:0.005411:0.009034:0.008156:0.005634:0.009353:0.005411:0.008842:0.008348:0.005554:0.005666:0.006767:0.007374:0.009034:0.008076:0.013742:0.008092:0.006767:0.003464:0.006400:0.008986:0.003863:0.007135:0.007981:0.008731:0.006049:0.005411:0.009034:0.008156:0.006049:0.008651:0.008826:0.007230:0.007901:0.003863:0.006640:0.009034:0.007773:0.005411:0.008619:0.005379:0.008156:0.004373
of the liabilities and the lack of claims experience.:@0.512937:0.672283:0.864973:0.672283:0.864973:0.661699:0.512937:0.661699:0.009353:0.004756:0.004788:0.005411:0.009034:0.008156:0.006464:0.003863:0.003863:0.007821:0.008986:0.003863:0.003527:0.003863:0.005123:0.003863:0.007901:0.006560:0.005714:0.007805:0.008571:0.008986:0.006049:0.005411:0.009034:0.008156:0.006049:0.003863:0.008124:0.007166:0.007933:0.005171:0.009353:0.004756:0.005634:0.007374:0.003623:0.007901:0.003863:0.013359:0.006767:0.005491:0.008348:0.007326:0.009114:0.008348:0.005554:0.003863:0.008108:0.009034:0.007182:0.008348:0.003464
The IBNR provisions are subject to considerable :@0.488726:0.694495:0.827419:0.694495:0.827419:0.683910:0.488726:0.683910:0.008364:0.008779:0.008348:0.005938:0.003942:0.008395:0.011093:0.008826:0.006049:0.009162:0.005379:0.008986:0.007390:0.003863:0.006464:0.003863:0.008906:0.008826:0.006560:0.005634:0.007725:0.005299:0.007901:0.005714:0.006767:0.008858:0.009385:0.003863:0.008092:0.007374:0.005219:0.005203:0.005411:0.009130:0.005299:0.007374:0.009098:0.009034:0.006592:0.003863:0.009401:0.008076:0.005554:0.008124:0.009178:0.003863:0.008156:0.004373
uncertainty. At a  high  level, the method  used to calculate :@0.489483:0.709936:0.901197:0.709936:0.901197:0.699351:0.489483:0.699351:0.008826:0.008826:0.007374:0.007996:0.005554:0.005411:0.007773:0.003863:0.008826:0.005411:0.007438:0.003464:0.005938:0.011173:0.005794:0.005203:0.006895:0.004373:0.002426:0.008571:0.003607:0.008731:0.008571:0.004373:0.002426:0.003863:0.007901:0.007390:0.008060:0.003863:0.003192:0.006049:0.005411:0.009034:0.008156:0.006049:0.013439:0.008156:0.005411:0.008779:0.009066:0.009162:0.004373:0.002522:0.008395:0.006305:0.007901:0.008826:0.006049:0.005411:0.009130:0.005299:0.007374:0.007917:0.003863:0.007374:0.009034:0.003863:0.008124:0.005411:0.008348:0.004373
the provisions assumes that future experience will  be in :@0.488726:0.725317:0.886603:0.725317:0.886603:0.714732:0.488726:0.714732:0.005411:0.009034:0.008076:0.006049:0.009162:0.005379:0.008986:0.007390:0.003863:0.006464:0.003863:0.008906:0.008826:0.006560:0.005634:0.008124:0.006576:0.006767:0.008858:0.013742:0.008092:0.006767:0.005155:0.005411:0.009369:0.008316:0.005411:0.005012:0.004996:0.009034:0.005411:0.009289:0.005554:0.008348:0.006177:0.008348:0.007326:0.009385:0.008348:0.005554:0.003863:0.008076:0.009034:0.007182:0.008348:0.004756:0.011540:0.003863:0.003863:0.004086:0.004373:0.002522:0.008571:0.007566:0.006049:0.003272:0.007566:0.004373
line with  past experience.  In  particular, the provisions :@0.489483:0.740994:0.870105:0.740994:0.870105:0.730410:0.489483:0.730410:0.003607:0.003607:0.008491:0.007725:0.005203:0.011763:0.003863:0.005714:0.009321:0.004373:0.002426:0.009066:0.007805:0.006560:0.005203:0.005634:0.008348:0.007326:0.009114:0.008348:0.005554:0.003863:0.008108:0.009034:0.007182:0.008348:0.003464:0.004373:0.003304:0.003448:0.007390:0.004373:0.002522:0.009162:0.007805:0.005379:0.005411:0.003655:0.007135:0.008731:0.003863:0.007821:0.005379:0.003464:0.006368:0.005411:0.009034:0.008156:0.006049:0.008986:0.005379:0.008986:0.007390:0.003863:0.006384:0.003863:0.008826:0.008731:0.006560:0.004373
are calculated on the basis of the current legal and :@0.489062:0.756376:0.853995:0.756376:0.853995:0.745792:0.489062:0.745792:0.007805:0.005299:0.007901:0.005634:0.007374:0.007837:0.003863:0.007374:0.009034:0.003863:0.007869:0.005411:0.008348:0.009178:0.006464:0.008571:0.008395:0.006049:0.005411:0.009034:0.008156:0.006049:0.009066:0.007725:0.006464:0.003863:0.006305:0.005203:0.009353:0.005187:0.004868:0.005411:0.009034:0.008156:0.006049:0.007374:0.009034:0.005554:0.005554:0.008348:0.008747:0.005411:0.006017:0.003527:0.007805:0.008826:0.007645:0.003607:0.006464:0.007645:0.008491:0.008906:0.004373
claims environment,  including the current PIDR.:@0.489062:0.771758:0.825792:0.771758:0.825792:0.761174:0.489062:0.761174:0.007374:0.003623:0.007901:0.003863:0.013359:0.006767:0.005491:0.008348:0.009210:0.007645:0.003863:0.005554:0.009353:0.009034:0.013742:0.008523:0.009034:0.005411:0.003464:0.004373:0.002506:0.003863:0.008826:0.007135:0.003863:0.008731:0.009162:0.003863:0.008651:0.009162:0.006049:0.005411:0.009034:0.008156:0.005634:0.007374:0.009034:0.005554:0.005554:0.008523:0.009034:0.005411:0.005969:0.008156:0.003863:0.010167:0.008651:0.003464