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AA-4.3.3

In accordance with Article 73 of the CBB Law, the evaluation should include:

(a) A valuation of the liabilities of the insurance firm attributable to its long-term insurance business;
(b)The establishment of the surplus, if any, on any long-term insurance funds that it is proposed be transferred to shareholders' funds and available for distribution; and
(c) The establishment of the deficit, if any, on any long-term insurance funds established by the insurance firm.
Amended: January 2007
Amended: October 2007