STANDARD

• P&C Premiums - Local

• L&H Crop Premiums - Local

• Interco charge-out - Local (SRECA)

ZERO-RATED

• P&C Premium - Foreign

• L&H Premium - Foreign

• Interco charge-out - Foreign

EXEMPT

• L&H Premiums - Local (Each Gap)

• Interest income

OTHER

• Imported services

• P&C Direct expenses

• Mixed-use expenses

• Capital expenses

• P&C Claims + Comms + Brokerage

• L&H Claims + Comms + Brokerage (Gap only)