Change in unearned premiums Investments Deferred acquisition expenses Losses and loss adjustment expenses Changes in other operational assets and liabilities Proceeds on sales and maturities of investments Reinsurance recoverable Equity-based incentives Net unrealised losses on investments Issuance costs Net investment income Amounts payable to reinsurers Total expenses Total net revenue Changes in operating reinsurance assets and liabilities Own shares Inwards premiums receivable Insurance losses and loss adjustment expenses Net realised losses on investments Purchase of investments Change in unearned premiums on premiums ceded Dividends Insurance acquisition expenses Net insurance losses Insurance losses and loss adjustment expenses recoverable Other reinsurance receivables Unearned premiums on premiums ceded Accrued interest receivable