ANNEX I

LINES OF BUSINESS

A.    Non-life insurance obligations

Medical expense insurance obligations where the underlying business is not pursued on a similar technical basis to that of life insurance, other than obligations included in the line of business 3.

Income protection insurance obligations where the underlying business is not pursued on a similar technical basis to that of life insurance, other than obligations included in the line of business 3.

Health insurance obligations which relate to accidents at work, industrial injury and occupational diseases and where the underlying business is not pursued on a similar technical basis to that of life insurance.

Insurance obligations which cover all liabilities arising out of the use of motor vehicles operating on land (including carrier's liability).

Insurance obligations which cover all damage to or loss of land vehicles (including railway rolling stock).

Insurance obligations which cover all damage or loss to sea, lake, river and canal vessels, aircraft, and damage to or loss of goods in transit or baggage irrespective of the form of transport. Insurance obligations which cover liabilities arising out of the use of aircraft, ships, vessels or boats on the sea, lakes, rivers or canals (including carrier's liability).

Insurance obligations which cover all damage to or loss of property other than those included in the lines of business 5 and 6 due to fire, explosion, natural forces including storm, hail or frost, nuclear energy, land subsidence and any event such as theft.

Insurance obligations which cover all liabilities other than those in the lines of business 4 and 6.

Insurance obligations which cover insolvency, export credit, instalment credit, mortgages, agricultural credit and direct and indirect suretyship.

Insurance obligations which cover legal expenses and cost of litigation.

Insurance obligations which cover assistance for persons who get into difficulties while travelling, while away from home or while away from their habitual residence.

Insurance obligations which cover employment risk, insufficiency of income, bad weather, loss of benefit, continuing general expenses, unforeseen trading expenses, loss of market value, loss of rent or revenue, indirect trading losses other than those mentioned above, other financial loss (non-trading) as well as any other risk of non-life insurance not covered by the lines of business 1 to 11.

B.    Proportional non-life reinsurance obligations

The lines of business 13 to 24 shall include proportional reinsurance obligations which relate to the obligations included in lines of business 1 to 12 respectively.

C.    Non-proportional non-life reinsurance obligations

Non-proportional reinsurance obligations relating to insurance obligations included in lines of business 1 to 3.

Non-proportional reinsurance obligations relating to insurance obligations included in lines of business 4 and 8.

Non-proportional reinsurance obligations relating to insurance obligations included in line of business 6.

Non-proportional reinsurance obligations relating to insurance obligations included in lines of business 5, 7 and 9 to 12.

D.    Life insurance obligations

Health insurance obligations where the underlying business is pursued on a similar technical basis to that of life insurance, other than those included in line of business 33.

Insurance obligations with profit participation other than obligations included in line of business 33 and 34.

Insurance obligations with index-linked and unit-linked benefits other than those included in lines of business 33 and 34.

Other life insurance obligations other than obligations included in lines of business 29 to 31, 33 and 34.

E.    Life reinsurance obligations

Reinsurance obligations which relate to the obligations included in lines of business 29 and 33.

Reinsurance obligations which relate to the obligations included in lines of business 30 to 32 and 34.