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Financial Services Board 29/10/2008 Page 3 ●Brief overview of the LT insurance market in 2007 ●Review the representative: ○Reported AOS results (C7) ○Reported valuation assumptions (G10.x) and ○Reported actual experience (B - statements) for certain key elements in a valuation basis ●Based on 70 insurers’ data What will we show you?