So we're going to continue moving down the income statement and next we're going to calculate the amount of insurance that has been reinsured. So we're gonna take the gross earned premium and then subtract some which relates to the premiums that have been seeded to the insurer. Just remember that the balance sheet often is based on a gross value, a hundred percent including the seeded insurance. So I'm gonna go up to take the assumption, which is 6.6 and I'm gonna multiply that by the gross earned premiums and I get a positive number. So let me just change that, multiply it by minus one, because we are seeding those premiums so it needs to be negative. And then we get the net earned premiums and I can just copy that from the left. And you can see that's just the simple addition of the gross earned premiums and the reinsurance premium. So next I'm gonna go up and get the claims ratio. And you can see here the claims ratio is a percentage of the gross premiums earned. So this actually includes the reinsurers share at this point. So I'll take the 59.5% and I'll multiply it by the gross earned premiums and of course multiply it by minus one. And that will get my gross insurance claims. And I probably should make that really clear, 'cause that is actually the gross number. So lemme just put gross in front of that just to make that really clear. Now below this we've got the insurance claims recoverable from reinsurers. Now you can see it has bumped around a bit in the past, but because we're modeling going forward I'm actually going to use the same percentage as before. So I'll take the 6.6% and I'm gonna multiply that by the gross insurance claims and I've gotta make it positive so I'll multiply it by minus one, but those are recoverable claims. Added together those give us the net insurance claims. So that's what we as direct line are exposed to making. So the net earned premiums of 2,936.1 relates to the 1747 of net insurance claims. Just as the gross earned premiums of 3,143.6 relates to the gross insurance claims of 1870. And then we've got the reinsurance amount. Now what we can do here is we can do the claims ratio. And the claims ratio you can see is just the net insurance claims divided by the net earned premiums. And what I'm going to also do here, just put a little note and call this net claims ratio, just to make it super clear that we are just talking about the insurance that the direct line entity is exposed to.