12. For each of the first three financial years following authorisation—
(a)a forecast balance sheet;
(b)estimates relating to expenses of management (other than costs of installation) and in particular to current general expenses and commissions;
(c)estimates relating to premiums or contributions both gross and net of reinsurance and to claims (after all reinsurance recoveries);
(d)estimates relating to the financial resources intended to cover underwriting liabilities and the required margin of solvency.