Document ID: chunk:federal_register_of_legislation:F2023L00624:front:0:p12
Version: federal_register_of_legislation:F2023L00624
Segment Type: other
Provision Reference: 
Character Range: 35603–37106

is the amount by which the stressed policy liabilities of the fund (as determined under Prudential Standard LPS 115 Capital Adequacy: Insurance Risk Charge) would increase, if the stressed policy liabilities were determined gross of that particular reinsurance exposure.

V

Value of assets of the fund (VAF) for non-reinsurance assets   This is the value of the assets of the fund determined for the purpose of calculating asset concentration limits for non-reinsurance asset exposures in the fund.

VAF for reinsurance assets                                     This is the value of the assets of the fund determined for the purpose of calculating asset concentration limits for reinsurance asset exposures in the fund.

Specific instructions

Table 1: Value Of Assets Of The Fund (VAF)

Reporting basis

This table applies to life companies including friendly societies. This table applies to non-investment linked statutory, shareholder, non-investment linked benefit and management funds.

Report all information as at the reporting date.

Reporting threshold

This table must be completed (i.e. VAF for non-reinsurance and reinsurance assets must be calculated) on quarterly and annual bases regardless of the underlying asset concentration profiles.

Units of measurement

Report the dollar values in this table in whole Australian dollars.

   Name                                                                                               Valid values             Description