(1) Number of employees approximate as of 1/1/23
(2) The combined ratio is calculated as the sum of losses and loss adjustment expenses, policy acquisition expenses, and general and administrative expenses to net premiums earned, and expressed as a percentage.
(3) Operating return on equity is a non-U.S. GAAP measure that represents a meaningful comparison between periods of our financial performance expressed as a percentage and is calculated as operating net income divided by opening common shareholders’ equity.  Operating net income is calculated as net income available to holders of common shares excluding, net foreign exchange gains and losses, and corporate and other expenses which include warrant costs, reorganization expenses, any non-recurring income and expenses, and the tax impact on these items.