Our attention has been drawn to articles appearing in sections of the media regarding new
minimum capital requirements for insurance companies. We have received various enquiries
from members of the public and wish to clarify some issues that were inaccurate in the reports.
At the outset we wish to point out that a failure to recognize Shareholder Funds as a whole has
led to misperceptions of the readiness of individual companies to convert such funds into paid
up capital.
