On 23 June, the Financial Regulator (FR) announced an increase to the minimum guarantee fund (MGF) and claims/premium indices for non-life insurers. With effect from 31 December 2009, there will be a revised MGF of €2.3m for non-life insurers not authorised in non-life classes 10, 11, 12, 13, 14 or 15, and a revised MGF of €3.5m for all other non-life and life insurers. There will also be an increase in premium and claims indices for all non-life insurers, as well as for life insurers which are required to hold an additional solvency margin (for supplementary insurance and permanent health insurance). Annual and quarterly returns for reporting periods ending on or after 31 December 2009 must reflect these new requirements.