Munich Re Worldwide

Great Lakes Australia

Key performance indicators
	2009	2008	2007
Gross Written Premium £m	1,449.7	1,143.2	1,011.6
Gross Loss Ratio	74.6%	68.0%	65.3%
Gross Combined Ratio	98%	93.2%	90.7%
Administrative Expense Ratio	1.7%	1.7%	1.6%
Profit Before Tax £m	67.5	98.8	22.2
Shareholders' Funds £m	289.4	297.3	239.3
Investments £m	511.0	563.8	453.3
Total Assets £m	3,552.4	3,189.5	2,404.4
Solvency Margin	285.7%	293.4%	231.9%
Dividends Paid £m	55.2	13.5	21.2

Ratings
	A.M. Best	Standard & Poors
Great Lakes Reinsurance (UK) PLC	A+	AA-