Report the adjusted value of the greater of the Solvency Liability value (as determined in accordance with the assumptions of the solvency standard) or the Minimum Termination Value (MTV). This adjusted value is:a) the aggregate of the greater of the Solvency Liability value or the Minimum Termination Value (MTV) of each related product group (RPG), gross of reinsurance; adjusted for b) the effective amount of risk mitigation difference to be included as an offset or addition to the value of the greater of policy liability and minimum termination value.Risk mitigation difference is the difference in the value of risk mitigation arrangements as per prudential standards and the value as reflected in the financial statements.MTV is the amount that a life insurer is obliged to pay to policyholders if they decided to voluntarily terminate their policies at the relevant date. The obligation might be contractual, statutory or a result of past practice. Calculated as the greater of: a) the lowest Termination Value that the reporting party is obliged to pay; and b) the amount calculated in accordance with the Surrender Value Standard.