We noticed that the commission ratio calculation is changed from Earned Premium basis to UPR basis. As mentioned by NKI, it is due to change in methodology from transaction date basis to inception date basis for Earned Premium and URR calculation. Kindly take note for the purpose of consistency, we suggest for all expense ratios (i.e. ULAE Ratio, RI Cost Ratio, ME ratio, Commission Ratio) used in Q2 to be retained from FYE's computation. However, due to the methodology change starting in this Q2, commission ratio has been re-computed based on Q2 position. Moving forwards, the Q2’s commission ratio shall be retained from last FYE (assuming no change in computation method).