equalisation amounts due and annual reconciliations
on GF income, including calculations of tax equalisation amounts due
Bupa threatened to quit the market in 2006 over risk equalisation
but its business was later taken over by insurance group Quinn.
Without the current resource equalisation
, taxes would be much lower in wealthier areas and higher in poorer areas.
WUBA's risk-adjusted capitalisation has been restored to a very good level through the build up of equalisation
reserves and reduction of its portfolio following several years of underwriting losses, especially in commercial property and marine hull insurance.
Best expects HDI Industrie to increase earnings by approximately 50% to EUR 25 million (USD 31 million) (after transfer to equalisation
reserves), as the anticipated deterioration of the combined ratio by approximately 3% to 91% from rate reductions in property and higher catastrophe claims is compensated by higher investment income.
In addition, CCR further increased its 2002 equalisation
reserves by a substantial EUR 224 million (USD 259 million), and A.