 Bought Option Positions: Bought Option Positions:

 Bought Option Positions:

(Note: do not include options in the form of credit derivatives, these are separately disclosed).

Report option positions where the insurer has purchased an option position (i.e. a call or put option) and has the right but not the obligation to exercise the option against the writer and request delivery or sale of the underlying security or cash settlement. Disclose bought option exposures into the following:

(i) Call option.

Right but not the obligation of the holder of the option to require the writer of the option to sell the underlying security/asset to the holder.

(ii) Put option.

Right but not the obligation of the holder of the option to require the writer of the option to buy the underlying security/asset from the holder.