NHS Resolution:@0.116465:0.056159:0.212674:0.056159:0.212674:0.047246:0.116465:0.047246:0.009566:0.009324:0.006892:0.004864:0.008397:0.006973:0.005710:0.007981:0.003816:0.007766:0.005226:0.003587:0.007981:0.008128 Annual report and accounts 2021/22:@0.288185:0.056159:0.513709:0.056159:0.513709:0.047246:0.288185:0.047246:0.009230:0.008142:0.008061:0.008142:0.007215:0.003520:0.005629:0.004958:0.007309:0.008222:0.008236:0.004864:0.004555:0.005011:0.006839:0.007604:0.007725:0.005213:0.006839:0.006422:0.006382:0.008061:0.007806:0.007604:0.004743:0.005697:0.004460:0.006879:0.006973:0.006879:0.006973:0.005038:0.007053:0.007242 145:@0.931480:0.056159:0.952641:0.056159:0.952641:0.047246:0.931480:0.047246:0.006718:0.006718:0.007725 Sensitivity of total provisions to HM Treasury discount rate (f m):@0.281300:0.136180:0.767302:0.136180:0.767302:0.125039:0.281300:0.125039:0.009237:0.008817:0.009908:0.007389:0.004450:0.006533:0.004467:0.008817:0.004770:0.006231:0.008817:0.004031:0.009908:0.006214:0.004031:0.006298:0.009741:0.006214:0.008649:0.004534:0.005710:0.009992:0.006382:0.009741:0.008649:0.004534:0.007053:0.004534:0.009741:0.009657:0.007053:0.004870:0.006130:0.009573:0.005206:0.011504:0.014359:0.005206:0.009573:0.006684:0.008599:0.008733:0.007137:0.009825:0.006382:0.008733:0.004031:0.009992:0.004534:0.007137:0.007809:0.009908:0.009825:0.009825:0.006298:0.004870:0.006382:0.008397:0.006130:0.008481:0.004870:0.006197:0.006650:0.001260:0.012596:0.006197 Provisions:@0.103619:0.159876:0.180200:0.159876:0.180200:0.148735:0.103619:0.148735:0.009573:0.006214:0.009657:0.008481:0.004534:0.006970:0.004534:0.009657:0.009573:0.007389 All rates reduced by:@0.364749:0.159876:0.517289:0.159876:0.517289:0.148735:0.364749:0.148735:0.011168:0.004450:0.004534:0.005626:0.006466:0.008481:0.006214:0.008565:0.006970:0.005206:0.006466:0.008565:0.009825:0.009573:0.007641:0.008565:0.009825:0.005710:0.009657:0.009035 Base:@0.624738:0.159876:0.659518:0.159876:0.659518:0.148735:0.624738:0.148735:0.010160:0.008565:0.006970:0.009086 All rates increased by:@0.782769:0.159876:0.945722:0.159876:0.945722:0.148735:0.782769:0.148735:0.010916:0.004366:0.004450:0.006046:0.006382:0.008397:0.006130:0.008481:0.006886:0.005626:0.004450:0.009657:0.007641:0.006298:0.008733:0.008565:0.007053:0.008649:0.009908:0.005626:0.009657:0.009035 1% pa:@0.327315:0.183513:0.373801:0.183513:0.373801:0.172372:0.327315:0.172372:0.008649:0.013099:0.006466:0.009237:0.009035 %:@0.501805:0.183513:0.516366:0.183513:0.516366:0.172372:0.501805:0.172372:0.014560 assumptions:@0.563859:0.175258:0.659249:0.175258:0.659249:0.164117:0.563859:0.164117:0.008733:0.007137:0.007137:0.009741:0.014779:0.009992:0.006298:0.004534:0.009908:0.009741:0.007389 1% pa:@0.755731:0.183513:0.802217:0.183513:0.802217:0.172372:0.755731:0.172372:0.008649:0.013099:0.006466:0.009237:0.009035 %:@0.930221:0.183513:0.944781:0.183513:0.944781:0.172372:0.930221:0.172372:0.014560 Known claims:@0.103955:0.208576:0.206970:0.208576:0.206970:0.197434:0.103955:0.197434:0.009992:0.009825:0.010160:0.012596:0.009825:0.006046:0.007473:0.004064:0.008112:0.003863:0.013939:0.007121 35,630:@0.324864:0.208576:0.372962:0.208576:0.372962:0.197434:0.324864:0.197434:0.008817:0.009052:0.003376:0.009052:0.008750:0.009052 3%:@0.492149:0.208576:0.514938:0.208576:0.514938:0.197434:0.492149:0.197434:0.009052:0.013738 34,691:@0.609791:0.208576:0.657990:0.208576:0.657990:0.197434:0.609791:0.197434:0.008565:0.008649:0.004031:0.008649:0.008649:0.009657 33,816:@0.754136:0.208576:0.801562:0.208576:0.801562:0.197434:0.754136:0.197434:0.008733:0.008733:0.003443:0.008733:0.008733:0.009052 -3%:@0.914921:0.208576:0.943690:0.208576:0.943690:0.197434:0.914921:0.197434:0.006382:0.008649:0.013738 Settled PPOs:@0.103199:0.231144:0.198405:0.231144:0.198405:0.220002:0.103199:0.220002:0.008918:0.008968:0.005693:0.005693:0.004316:0.008783:0.009892:0.006600:0.008733:0.008733:0.011756:0.007121 42,493:@0.324444:0.231144:0.372542:0.231144:0.372542:0.220002:0.324444:0.220002:0.008817:0.009052:0.003376:0.009052:0.008750:0.009052 44%:@0.482492:0.230847:0.514535:0.230847:0.514535:0.219705:0.482492:0.219705:0.009052:0.009254:0.013738 29,572:@0.610211:0.230847:0.659417:0.230847:0.659417:0.219705:0.610211:0.219705:0.008901:0.008901:0.004115:0.008817:0.008817:0.009657 21,450:@0.754136:0.231144:0.801562:0.231144:0.801562:0.220002:0.754136:0.220002:0.008733:0.008733:0.003443:0.008733:0.008733:0.009052 -27%:@0.906457:0.230847:0.943790:0.230847:0.943790:0.219705:0.906457:0.219705:0.006298:0.008649:0.008649:0.013738 IBNR:@0.103955:0.253059:0.139189:0.253059:0.139189:0.241917:0.103955:0.241917:0.004199:0.009153:0.011840:0.010043 90,124:@0.326896:0.253059:0.373734:0.253059:0.373734:0.241917:0.326896:0.241917:0.008649:0.008565:0.003443:0.008565:0.008565:0.009052 40%:@0.482072:0.253356:0.514367:0.253356:0.514367:0.242214:0.482072:0.242214:0.009237:0.009321:0.013738 64,288:@0.608599:0.253356:0.659400:0.253356:0.659400:0.242214:0.608599:0.242214:0.009153:0.009153:0.004366:0.009237:0.009237:0.009657 47,730:@0.754891:0.253356:0.801730:0.253356:0.801730:0.242214:0.754891:0.242214:0.008649:0.008565:0.003443:0.008565:0.008565:0.009052 -26%:@0.906457:0.253356:0.943790:0.253356:0.943790:0.242214:0.906457:0.242214:0.006298:0.008649:0.008649:0.013738 Total provisions:@0.102779:0.275864:0.223277:0.275864:0.223277:0.264723:0.102779:0.264723:0.008985:0.009405:0.006046:0.008313:0.004366:0.006046:0.009825:0.006382:0.009741:0.008565:0.004534:0.006970:0.004534:0.009741:0.009657:0.007389 168,247:@0.315980:0.275567:0.373667:0.275567:0.373667:0.264426:0.315980:0.264426:0.008733:0.008733:0.008817:0.004115:0.008817:0.008817:0.009657 31%:@0.484088:0.275864:0.516114:0.275864:0.516114:0.264723:0.484088:0.264723:0.008733:0.008733:0.014560 128,551:@0.602989:0.275864:0.658326:0.275864:0.658326:0.264723:0.602989:0.264723:0.008397:0.008397:0.008313:0.003947:0.008313:0.008313:0.009657 102,996:@0.744479:0.275864:0.802166:0.275864:0.802166:0.264723:0.744479:0.264723:0.008817:0.008817:0.008817:0.004115:0.008733:0.008733:0.009657 -20%:@0.905685:0.275864:0.944345:0.275864:0.944345:0.264723:0.905685:0.264723:0.006298:0.008901:0.008901:0.014560 The table above is based on adjusting the nominal :@0.095894:0.314224:0.457818:0.314224:0.457818:0.303639:0.095894:0.303639:0.008360:0.008855:0.008344:0.005089:0.005409:0.007945:0.009381:0.003861:0.008089:0.005632:0.007897:0.009158:0.009349:0.007355:0.008153:0.006461:0.003191:0.005712:0.006047:0.008982:0.007642:0.006461:0.007897:0.008903:0.006047:0.008727:0.008567:0.006047:0.008121:0.009094:0.003861:0.008727:0.006765:0.005409:0.003606:0.009030:0.009110:0.006047:0.005409:0.009030:0.008153:0.006047:0.008823:0.009062:0.013434:0.003861:0.008647:0.008121:0.003638:0.004371 discount rate by +1 % and -1 %. A change in the :@0.096314:0.329606:0.446112:0.329606:0.446112:0.319021:0.096314:0.319021:0.009397:0.003861:0.006765:0.007179:0.009349:0.009030:0.008823:0.005409:0.005935:0.005297:0.007802:0.005121:0.007977:0.006382:0.008647:0.007132:0.005201:0.008567:0.006717:0.004866:0.013689:0.004371:0.002521:0.007802:0.008567:0.008982:0.006461:0.004707:0.006206:0.004786:0.014694:0.003861:0.006047:0.011248:0.005297:0.007371:0.009030:0.008121:0.009030:0.009397:0.008344:0.006318:0.003271:0.007642:0.006047:0.005409:0.008695:0.008057:0.004371 nominal interest rate of +1 % would represent :@0.096734:0.345284:0.428456:0.345284:0.428456:0.334700:0.096734:0.334700:0.008823:0.009062:0.013434:0.003861:0.008647:0.008121:0.003638:0.004371:0.002521:0.003861:0.008727:0.005409:0.008025:0.005552:0.008137:0.006557:0.005409:0.005584:0.005377:0.007897:0.005201:0.008057:0.005712:0.009349:0.004994:0.005393:0.008567:0.006717:0.004866:0.013689:0.006047:0.011535:0.009716:0.009030:0.004068:0.009573:0.004371:0.002521:0.005552:0.008057:0.009158:0.005377:0.008153:0.006557:0.008153:0.008727:0.005201:0.004371 short, medium, long and very long term nominal :@0.096314:0.360726:0.446655:0.360726:0.446655:0.350141:0.096314:0.350141:0.006765:0.008855:0.009349:0.005552:0.005169:0.003462:0.004371:0.002409:0.013737:0.008344:0.009397:0.003861:0.008823:0.013737:0.003462:0.004371:0.002441:0.003606:0.008823:0.008567:0.008823:0.006047:0.007802:0.008567:0.008982:0.005632:0.007642:0.008344:0.005552:0.007514:0.005632:0.003606:0.008823:0.008567:0.008823:0.006047:0.005409:0.008025:0.005377:0.013434:0.004371:0.002521:0.008727:0.008982:0.013354:0.003861:0.008647:0.007897:0.003861:0.004371 interest rates of 1.47%, 1.70%, 1.95% and 1.66% :@0.096734:0.376108:0.467081:0.376108:0.467081:0.365523:0.096734:0.365523:0.003861:0.008727:0.005409:0.008025:0.005552:0.008137:0.006557:0.005409:0.005584:0.005377:0.008121:0.005153:0.008153:0.006765:0.005073:0.009349:0.005185:0.004371:0.002521:0.009493:0.003941:0.009493:0.009493:0.014534:0.003861:0.004371:0.003685:0.009493:0.003941:0.009493:0.009493:0.014534:0.003781:0.004371:0.003685:0.009317:0.003781:0.009238:0.009238:0.014024:0.004371:0.002425:0.007802:0.008647:0.008982:0.004371:0.003685:0.009158:0.003781:0.009158:0.009158:0.013848:0.004371 respectively. As a result of the range of the increments :@0.096734:0.391489:0.486944:0.391489:0.486944:0.380905:0.096734:0.380905:0.005201:0.007977:0.006461:0.008982:0.007977:0.007052:0.005121:0.003861:0.007132:0.008057:0.003861:0.007227:0.003271:0.006047:0.010657:0.007052:0.005297:0.006797:0.004371:0.002521:0.005297:0.007977:0.006557:0.008727:0.003861:0.005042:0.005712:0.009349:0.004754:0.004786:0.005409:0.009030:0.008153:0.006461:0.005377:0.008121:0.008679:0.009158:0.008153:0.005632:0.009349:0.004754:0.005297:0.005409:0.009030:0.008153:0.006047:0.003861:0.009030:0.007100:0.005552:0.008344:0.013402:0.008344:0.009030:0.005217:0.006765:0.004371 analysed (and, for example, the long term nominal :@0.096314:0.406870:0.460694:0.406870:0.460694:0.396286:0.096314:0.396286:0.008121:0.008583:0.007897:0.003861:0.007387:0.006557:0.008153:0.009158:0.006382:0.004818:0.008121:0.009030:0.009397:0.003462:0.005903:0.004994:0.009541:0.005552:0.005361:0.008344:0.007323:0.008121:0.013737:0.009381:0.003861:0.008344:0.003462:0.006286:0.005409:0.009030:0.008153:0.006047:0.003606:0.008823:0.008567:0.008823:0.005712:0.005409:0.008105:0.005552:0.013513:0.006461:0.009030:0.008934:0.013434:0.003861:0.008647:0.008121:0.003638:0.004371 interest rate of 0.66%), results to the far left of the :@0.096734:0.422251:0.465007:0.422251:0.465007:0.411666:0.096734:0.411666:0.003861:0.008727:0.005409:0.008025:0.005552:0.008137:0.006557:0.005409:0.005584:0.005377:0.007897:0.005201:0.008057:0.005712:0.009349:0.004754:0.005632:0.009652:0.003941:0.009652:0.009652:0.014694:0.005377:0.003861:0.004371:0.002425:0.005377:0.008057:0.006557:0.008823:0.003861:0.005121:0.006557:0.005297:0.005409:0.009030:0.004866:0.005409:0.009030:0.008153:0.005632:0.004994:0.008360:0.005552:0.006126:0.003861:0.008057:0.004994:0.005409:0.005042:0.009349:0.004754:0.005201:0.005409:0.008695:0.008057:0.004371 table imply a negative nominal discount rate.:@0.095894:0.437930:0.415682:0.437930:0.415682:0.427345:0.095894:0.427345:0.005409:0.007945:0.009381:0.003861:0.008089:0.006047:0.003861:0.013098:0.008982:0.003861:0.007307:0.005632:0.006892:0.006382:0.009030:0.008105:0.009397:0.007818:0.005409:0.003861:0.007435:0.008344:0.005935:0.008823:0.009062:0.013434:0.003861:0.008647:0.008121:0.003638:0.006461:0.009397:0.003861:0.006765:0.007179:0.009349:0.009030:0.009030:0.005409:0.005728:0.005297:0.007897:0.005201:0.008057:0.003462 For the clinical schemes, the changes in discount :@0.096734:0.459906:0.446676:0.459906:0.446676:0.449322:0.096734:0.449322:0.007227:0.008647:0.005121:0.005201:0.005409:0.009030:0.008153:0.005632:0.007052:0.003861:0.003861:0.008567:0.003861:0.007052:0.007897:0.003861:0.006382:0.006765:0.007371:0.009030:0.008073:0.013737:0.008344:0.006557:0.003462:0.006031:0.005409:0.009030:0.008073:0.006047:0.007371:0.009030:0.008121:0.008807:0.009397:0.008344:0.006765:0.005887:0.003271:0.007562:0.006461:0.009397:0.003861:0.006765:0.007179:0.009349:0.009030:0.008823:0.005409:0.004371 rates this year have had a materially large impact :@0.096734:0.475585:0.448271:0.475585:0.448271:0.465001:0.096734:0.465001:0.005377:0.007897:0.005201:0.008057:0.006557:0.005201:0.005409:0.008775:0.003861:0.006557:0.004786:0.007722:0.008344:0.008121:0.005552:0.005775:0.008823:0.007897:0.007467:0.008057:0.006047:0.008567:0.007562:0.008823:0.006461:0.006892:0.004371:0.002425:0.013737:0.007929:0.005409:0.008344:0.005313:0.003861:0.008121:0.003638:0.003861:0.007722:0.005456:0.003861:0.007722:0.005297:0.008982:0.007977:0.006461:0.003861:0.013354:0.009062:0.008121:0.007084:0.005409:0.004371 on the IBNR provisions. This is because a large :@0.096314:0.490966:0.427190:0.490966:0.427190:0.480381:0.096314:0.480381:0.008567:0.008392:0.005632:0.005409:0.009030:0.008153:0.006461:0.003941:0.008392:0.011088:0.008823:0.006047:0.009158:0.005377:0.008982:0.007387:0.003861:0.006461:0.003861:0.008903:0.008727:0.006461:0.003462:0.006286:0.008360:0.008679:0.003861:0.006557:0.006047:0.003366:0.005871:0.005632:0.009381:0.008089:0.007371:0.007834:0.009030:0.006589:0.008153:0.005712:0.006797:0.004371:0.002521:0.003606:0.007722:0.005297:0.008903:0.007897:0.004371 proportion (by value) of the provisions are expected :@0.096734:0.506348:0.466268:0.506348:0.466268:0.495763:0.096734:0.495763:0.009158:0.005552:0.008887:0.009062:0.008982:0.005377:0.005409:0.003574:0.008982:0.008727:0.006461:0.004611:0.008982:0.007387:0.004371:0.007642:0.008312:0.003861:0.009030:0.008344:0.004818:0.005600:0.009349:0.004754:0.004866:0.005409:0.009030:0.008073:0.006461:0.009158:0.005377:0.008982:0.007387:0.003861:0.006461:0.003861:0.008903:0.008823:0.006557:0.005632:0.007802:0.005297:0.007897:0.005632:0.008057:0.007323:0.009046:0.008344:0.007020:0.005409:0.008105:0.009158:0.004371 to be paid in more than ten years' time and the long :@0.095894:0.521789:0.474362:0.521789:0.474362:0.511204:0.095894:0.511204:0.005121:0.008982:0.006047:0.008567:0.007562:0.006461:0.008823:0.007467:0.003606:0.008727:0.004371:0.002521:0.003271:0.007562:0.004371:0.002521:0.013274:0.008903:0.005297:0.007977:0.005297:0.005409:0.009030:0.008121:0.008839:0.006047:0.005121:0.007977:0.008647:0.005632:0.007722:0.008344:0.008121:0.005552:0.006765:0.003669:0.006174:0.005409:0.003654:0.013434:0.008153:0.006047:0.007802:0.008647:0.008982:0.006047:0.005409:0.009030:0.008073:0.006047:0.003606:0.008647:0.008488:0.008727:0.004371 term discount rates have reduced significantly.:@0.095894:0.537230:0.423723:0.537230:0.423723:0.526646:0.095894:0.526646:0.005409:0.008025:0.005377:0.013434:0.006047:0.009397:0.003861:0.006765:0.007371:0.009349:0.009030:0.009030:0.005409:0.005536:0.005377:0.008121:0.005153:0.008153:0.006765:0.005919:0.008727:0.007722:0.007387:0.007977:0.006461:0.005297:0.007977:0.009062:0.008727:0.007132:0.007977:0.009062:0.006461:0.006557:0.003861:0.009078:0.008727:0.003861:0.004786:0.003861:0.006972:0.007897:0.008823:0.005201:0.003861:0.007387:0.003462 Sensitivity to differential:@0.536905:0.315477:0.749752:0.315477:0.749752:0.304335:0.536905:0.304335:0.010412:0.009992:0.011252:0.008061:0.005206:0.007137:0.005206:0.009908:0.005206:0.007137:0.009908:0.005290:0.006886:0.010832:0.006466:0.011168:0.005122:0.006802:0.006886:0.009741:0.007221:0.009741:0.010832:0.006970:0.005122:0.009573:0.004770 :@0.750088:0.315477:0.754690:0.315477:0.754690:0.304335:0.750088:0.304335:0.004602 between ASHE and CPI:@0.536905:0.330918:0.733680:0.330918:0.733680:0.319777:0.536905:0.319777:0.011588:0.009992:0.007221:0.014863:0.009992:0.009992:0.011252:0.006466:0.012596:0.009992:0.013603:0.009405:0.004635:0.002586:0.009489:0.010664:0.010916:0.004635:0.002586:0.009573:0.009405:0.005324 The ASHE index, used in the calculation of damages in :@0.536065:0.352708:0.927823:0.352708:0.927823:0.342124:0.536065:0.342124:0.008360:0.008775:0.008344:0.004754:0.010498:0.008472:0.011599:0.008073:0.006541:0.003861:0.009030:0.009030:0.008344:0.007020:0.003462:0.004371:0.002409:0.008567:0.006382:0.007977:0.008903:0.006461:0.003366:0.007897:0.005712:0.005409:0.009030:0.008073:0.006047:0.007371:0.008121:0.003654:0.007371:0.009030:0.003669:0.008121:0.005233:0.003861:0.009158:0.009030:0.006414:0.009349:0.004754:0.005632:0.009397:0.008121:0.013465:0.008121:0.009397:0.008089:0.006765:0.005999:0.003111:0.007387:0.004371 PPO cases where care costs are a component, measures :@0.537241:0.368090:0.936737:0.368090:0.936737:0.357506:0.537241:0.357506:0.008057:0.008153:0.010833:0.005632:0.007371:0.007738:0.006765:0.008105:0.006765:0.004818:0.011758:0.009317:0.008567:0.005552:0.008727:0.006047:0.007132:0.007722:0.005377:0.007977:0.005632:0.007132:0.009062:0.006765:0.005073:0.006765:0.005488:0.007802:0.005297:0.007897:0.005632:0.006797:0.006461:0.007371:0.009349:0.013928:0.009381:0.009349:0.009030:0.008344:0.009030:0.005409:0.003462:0.004371:0.002920:0.013434:0.008057:0.007897:0.006557:0.008823:0.005377:0.008057:0.006765:0.004371 the rate of change in the wages of carers. The current :@0.536065:0.383769:0.925398:0.383769:0.925398:0.373184:0.536065:0.373184:0.005409:0.009030:0.008153:0.006461:0.005297:0.007802:0.005121:0.007977:0.006047:0.009349:0.004754:0.005201:0.007371:0.009030:0.008121:0.009030:0.009397:0.008344:0.005967:0.003366:0.007897:0.005632:0.005409:0.009030:0.008153:0.005201:0.011838:0.008392:0.009748:0.008567:0.007052:0.005632:0.009349:0.004754:0.005632:0.007371:0.007658:0.005377:0.008153:0.005377:0.006765:0.003223:0.006461:0.008360:0.008855:0.008344:0.005504:0.007371:0.009030:0.005552:0.005552:0.008344:0.008743:0.005409:0.004371 assumption is that the rate of inflation in carers' wages :@0.536485:0.399209:0.932998:0.399209:0.932998:0.388625:0.536485:0.388625:0.008121:0.006573:0.006765:0.008855:0.013737:0.009190:0.005409:0.003654:0.009349:0.009030:0.006398:0.003366:0.005871:0.004866:0.005409:0.009365:0.008312:0.005409:0.005345:0.005409:0.009030:0.008153:0.006047:0.005377:0.007897:0.005201:0.008057:0.005712:0.009349:0.004754:0.006047:0.003861:0.009030:0.004738:0.003861:0.008121:0.005153:0.003861:0.009158:0.009030:0.006414:0.003366:0.007977:0.006047:0.007371:0.007913:0.005552:0.008344:0.005552:0.006765:0.003669:0.005217:0.011758:0.008312:0.009573:0.008344:0.007100:0.004371 is 1.75% higher than CPI price inflation each year.:@0.536905:0.414591:0.892622:0.414591:0.892622:0.404006:0.536905:0.404006:0.003191:0.005632:0.004371:0.002936:0.009238:0.003781:0.009238:0.009238:0.014024:0.004371:0.002856:0.009030:0.003861:0.009190:0.009030:0.008344:0.005297:0.004866:0.005409:0.009030:0.008121:0.008839:0.006461:0.009317:0.008392:0.004036:0.004371:0.002521:0.008903:0.005201:0.003861:0.006797:0.007897:0.006382:0.003861:0.008823:0.004994:0.003654:0.008121:0.005153:0.003861:0.009078:0.009030:0.006334:0.008057:0.007897:0.007132:0.008727:0.005712:0.007227:0.007722:0.007642:0.005201:0.003462 The table that follows shows the effect on the value :@0.536065:0.436804:0.911375:0.436804:0.911375:0.426219:0.536065:0.426219:0.008360:0.008775:0.008344:0.005169:0.005409:0.008121:0.009381:0.003861:0.008344:0.005185:0.005409:0.009365:0.008312:0.005409:0.004914:0.004994:0.009700:0.003861:0.004036:0.009349:0.011902:0.006972:0.005632:0.006765:0.009030:0.009557:0.011535:0.007020:0.005297:0.005409:0.009030:0.008153:0.005632:0.008567:0.004994:0.005169:0.008567:0.007371:0.005648:0.005201:0.008567:0.008392:0.006047:0.005409:0.009030:0.008153:0.004786:0.007642:0.008121:0.003861:0.008839:0.008344:0.004371 of the CNST provisions where this differential is varied :@0.536485:0.452186:0.923792:0.452186:0.923792:0.441601:0.536485:0.441601:0.009349:0.004754:0.005201:0.005409:0.009030:0.008153:0.005632:0.009876:0.011934:0.008472:0.008360:0.005696:0.009158:0.005377:0.008982:0.007387:0.003861:0.006461:0.003861:0.008903:0.008823:0.006557:0.004786:0.011838:0.009317:0.008567:0.005552:0.008727:0.005632:0.005409:0.008775:0.003861:0.006557:0.005632:0.009397:0.003861:0.004802:0.004994:0.008344:0.005297:0.008344:0.009030:0.005217:0.003861:0.008121:0.003861:0.006669:0.003191:0.005712:0.004786:0.007387:0.007897:0.005377:0.003861:0.007977:0.009062:0.004371 and, as the table shows, this is a non-linear relationship. :@0.536485:0.467567:0.939172:0.467567:0.939172:0.456983:0.536485:0.456983:0.008121:0.009030:0.009222:0.003462:0.006446:0.007722:0.006382:0.005201:0.005409:0.009030:0.008153:0.005201:0.005409:0.008121:0.009381:0.003861:0.008344:0.005616:0.006765:0.009269:0.009349:0.011902:0.006765:0.003462:0.006142:0.005409:0.009030:0.003861:0.006765:0.005504:0.003366:0.005967:0.005201:0.006892:0.004371:0.002425:0.009030:0.009110:0.009030:0.006174:0.003861:0.003861:0.009030:0.008344:0.007897:0.005552:0.005536:0.005377:0.008153:0.003861:0.007897:0.005409:0.003861:0.009030:0.008823:0.006765:0.008679:0.003861:0.009158:0.003462:0.004371 An additional +/- 0.5% difference between ASHE and :@0.535645:0.483009:0.923351:0.483009:0.923351:0.472424:0.535645:0.472424:0.010498:0.009238:0.006461:0.007897:0.009397:0.008998:0.003861:0.005409:0.003669:0.009158:0.009030:0.007770:0.003861:0.006382:0.008982:0.005121:0.005201:0.005632:0.009652:0.003941:0.009652:0.014694:0.004371:0.002425:0.009397:0.003861:0.004994:0.004994:0.008344:0.005552:0.008344:0.009030:0.007371:0.008344:0.006350:0.009381:0.008344:0.005409:0.011535:0.008344:0.008344:0.009030:0.005361:0.010291:0.008472:0.011328:0.008073:0.006509:0.007642:0.008488:0.008903:0.004371 CPI will either reduce the provision by 11 % or :@0.536485:0.498389:0.868463:0.498389:0.868463:0.487805:0.536485:0.487805:0.009317:0.008392:0.004036:0.005632:0.011535:0.003861:0.003861:0.003861:0.006350:0.008344:0.003861:0.005409:0.008839:0.008344:0.005552:0.005999:0.005297:0.008057:0.009062:0.008727:0.007132:0.008057:0.005632:0.005409:0.009030:0.008153:0.006047:0.009062:0.005297:0.008903:0.007307:0.003861:0.006382:0.003861:0.008727:0.008647:0.004371:0.002425:0.008647:0.007132:0.004371:0.002425:0.006461:0.006461:0.005201:0.013689:0.004371:0.002521:0.008567:0.005121:0.004371 increase it by 13% respectively.:@0.536905:0.514068:0.756739:0.514068:0.756739:0.503484:0.536905:0.503484:0.003861:0.008727:0.007132:0.005377:0.008344:0.007786:0.006765:0.008009:0.006047:0.003526:0.004962:0.005632:0.008647:0.007052:0.004371:0.002521:0.009062:0.009062:0.013689:0.004371:0.002856:0.005201:0.007802:0.006461:0.008982:0.007897:0.007052:0.005121:0.003861:0.007132:0.007977:0.003861:0.007227:0.003462 Sensitivity of total provisions to ASHE assumptions (f m):@0.310354:0.577503:0.738248:0.577503:0.738248:0.566362:0.310354:0.566362:0.009237:0.008817:0.009908:0.007389:0.004450:0.006533:0.004467:0.008817:0.004770:0.006231:0.008817:0.004031:0.010076:0.006432:0.003980:0.006130:0.009657:0.006214:0.008565:0.004534:0.006046:0.009992:0.006466:0.009741:0.008649:0.004534:0.007053:0.004534:0.009741:0.009657:0.007053:0.004366:0.006130:0.009657:0.004635:0.011571:0.008985:0.012260:0.008481:0.005626:0.008733:0.007137:0.007137:0.009825:0.014863:0.010076:0.006298:0.004534:0.009992:0.009825:0.007137:0.004635:0.006701:0.006802:0.001176:0.012596:0.006197 Provisions:@0.103619:0.600843:0.180200:0.600843:0.180200:0.589702:0.103619:0.589702:0.009573:0.006214:0.009657:0.008481:0.004534:0.006970:0.004534:0.009657:0.009573:0.007389 All rates reduced by:@0.364749:0.600843:0.517289:0.600843:0.517289:0.589702:0.364749:0.589702:0.011168:0.004450:0.004534:0.005626:0.006466:0.008481:0.006214:0.008565:0.006970:0.005206:0.006466:0.008565:0.009825:0.009573:0.007641:0.008565:0.009825:0.005710:0.009657:0.009035 Base:@0.624738:0.600843:0.659518:0.600843:0.659518:0.589702:0.624738:0.589702:0.010160:0.008565:0.006970:0.009086 All rates increased by:@0.782769:0.600843:0.945722:0.600843:0.945722:0.589702:0.782769:0.589702:0.010916:0.004366:0.004450:0.006046:0.006382:0.008397:0.006130:0.008481:0.006886:0.005626:0.004450:0.009657:0.007641:0.006298:0.008733:0.008565:0.007053:0.008649:0.009908:0.005626:0.009657:0.009035 0.5% pa:@0.311949:0.624540:0.373801:0.624540:0.373801:0.613398:0.311949:0.613398:0.009405:0.004366:0.009321:0.014023:0.006466:0.009237:0.009035 %:@0.502225:0.624540:0.516786:0.624540:0.516786:0.613398:0.502225:0.613398:0.014560 assumptions:@0.564279:0.616225:0.659333:0.616225:0.659333:0.605084:0.564279:0.605084:0.008649:0.007053:0.007053:0.009741:0.014695:0.009992:0.006298:0.004534:0.009908:0.009741:0.007389 0.5% pa:@0.740784:0.624540:0.802385:0.624540:0.802385:0.613398:0.740784:0.613398:0.009237:0.004366:0.009237:0.013855:0.006886:0.008985:0.009035 %:@0.930221:0.624540:0.944781:0.624540:0.944781:0.613398:0.930221:0.613398:0.014560 Known claims:@0.103955:0.649602:0.206970:0.649602:0.206970:0.638461:0.103955:0.638461:0.009992:0.009825:0.010160:0.012596:0.009825:0.006046:0.007473:0.004064:0.008112:0.003863:0.013939:0.007121 30,948:@0.324024:0.649602:0.372928:0.649602:0.372928:0.638461:0.324024:0.638461:0.009052:0.009052:0.003644:0.009052:0.009052:0.009052 - %:@0.480813:0.649602:0.515123:0.649602:0.515123:0.638461:0.480813:0.638461:0.006718:0.013855:0.013738 1 1:@0.486103:0.648230:0.497817:0.648230:0.497817:0.643217:0.486103:0.643217:0.004073:0.003568:0.004073 34,691:@0.609791:0.649602:0.657990:0.649602:0.657990:0.638461:0.609791:0.638461:0.008565:0.008649:0.004031:0.008649:0.008649:0.009657 39,188:@0.754891:0.649602:0.801730:0.649602:0.801730:0.638461:0.754891:0.638461:0.008649:0.008565:0.003443:0.008565:0.008565:0.009052 13%:@0.913343:0.649602:0.944042:0.649602:0.944042:0.638461:0.913343:0.638461:0.008481:0.008481:0.013738 Settled PPOs:@0.103199:0.672111:0.198405:0.672111:0.198405:0.660969:0.103199:0.660969:0.008918:0.008968:0.005693:0.005693:0.004316:0.008783:0.009892:0.006600:0.008733:0.008733:0.011756:0.007121 25,262:@0.324864:0.671814:0.372626:0.671814:0.372626:0.660672:0.324864:0.660672:0.008733:0.008817:0.003644:0.008699:0.008817:0.009052 -15%:@0.479217:0.672111:0.515795:0.672111:0.515795:0.660969:0.479217:0.660969:0.006214:0.008313:0.008313:0.013738 29,572:@0.610211:0.671814:0.659417:0.671814:0.659417:0.660672:0.610211:0.660672:0.008901:0.008901:0.004115:0.008817:0.008817:0.009657 34,875:@0.752876:0.672111:0.801377:0.672111:0.801377:0.660969:0.752876:0.660969:0.009052:0.008834:0.003644:0.008867:0.009052:0.009052 18%:@0.912923:0.672111:0.943874:0.672111:0.943874:0.660969:0.912923:0.660969:0.008649:0.008565:0.013738 IBNR:@0.103955:0.694085:0.139189:0.694085:0.139189:0.682943:0.103955:0.682943:0.004199:0.009153:0.011840:0.010043 58,827:@0.324864:0.694085:0.372626:0.694085:0.372626:0.682943:0.324864:0.682943:0.008733:0.008817:0.003644:0.008699:0.008817:0.009052 - %:@0.485683:0.694382:0.515123:0.694382:0.515123:0.683240:0.485683:0.683240:0.006718:0.008985:0.013738 8:@0.492149:0.693010:0.496222:0.693010:0.496222:0.687996:0.492149:0.687996:0.004073 64,288:@0.608599:0.694382:0.659400:0.694382:0.659400:0.683240:0.608599:0.683240:0.009153:0.009153:0.004366:0.009237:0.009237:0.009657 70,684:@0.752876:0.694085:0.801612:0.694085:0.801612:0.682943:0.752876:0.682943:0.009052:0.009052:0.003476:0.009052:0.009052:0.009052 1 0:@0.912503:0.693010:0.925223:0.693010:0.925223:0.687996:0.912503:0.687996:0.004073:0.004573:0.004073 %:@0.929883:0.694382:0.943621:0.694382:0.943621:0.683240:0.929883:0.683240:0.013738 Total provisions:@0.102779:0.716890:0.223277:0.716890:0.223277:0.705749:0.102779:0.705749:0.008985:0.009405:0.006046:0.008313:0.004366:0.006046:0.009825:0.006382:0.009741:0.008565:0.004534:0.006970:0.004534:0.009741:0.009657:0.007389 115,037:@0.317995:0.716593:0.374003:0.716593:0.374003:0.705452:0.317995:0.705452:0.008481:0.008481:0.008481:0.003947:0.008481:0.008481:0.009657 -11%:@0.480057:0.716890:0.516870:0.716890:0.516870:0.705749:0.480057:0.705749:0.005794:0.008229:0.008229:0.014560 128,551:@0.602989:0.716890:0.658326:0.716890:0.658326:0.705749:0.602989:0.705749:0.008397:0.008397:0.008313:0.003947:0.008313:0.008313:0.009657 144,747:@0.746074:0.716593:0.802334:0.716593:0.802334:0.705452:0.746074:0.705452:0.008481:0.008481:0.008481:0.004031:0.008565:0.008565:0.009657 13%:@0.912923:0.716890:0.944697:0.716890:0.944697:0.705749:0.912923:0.705749:0.008565:0.008649:0.014560