881

1. S.14 log file explains C0070 "claim paid" as "Total amount of gross claims paid during the year, including claims management expenses".S.05.01 log file explains "Claims incurred Gross – Direct business" as "Claims incurred in the reporting period as defined in directive 91/674/EEC where applicable: the claims incurred means the sum of the claims paid and the change in the provision for claims during the financial year related to insurance contracts arising from direct business. This shall exclude claims management expenses and the movement in provisions in claims management expenses."So could we expect S.05.01 (claims paid in S.14.01 = claims incurred in S.05.01 - change in the provision for claims + claims management expenses)? 2. Another question is under claims paid in both S.05.01 and S.14.01, would you expect to see paid terminal bonus though it was reserved under provision for premium refunds (RfB)?