Document ID: chunk:federal_register_of_legislation:F2015L00897:body:0:p4
Version: federal_register_of_legislation:F2015L00897
Segment Type: other
Provision Reference: 
Character Range: 8660–12016

Risk Charge (which came into effect on 1 January 2013)

Section 1: Insurance risk charge calculation

     (i)     1. Fund TOTAL: Stressed policy liabilities – all data items

     (ii)  2. Fund TOTAL: Adjusted policy liabilities – all data items

     (iii)  3. Fund TOTAL: Stress impact on adjusted policy liabilities

     (iv)  4. Less: Tax benefits

     (v)   5. Adjustments to insurance risk charge as approved by APRA – total amount only

     (vi)  6. Insurance risk charge

LRF 115.1 Insurance Risk Charge (GF)                                                                               LRS 115.0 Insurance Risk Charge (which came into effect on 1 January 2013)

(i)     1. Expected management fees (net of any assumed reduction shown in 1.1) – all data items

(ii)  2. Expected servicing expenses

(iii)  3. Expected deficiency (before prescribed multiplier)

(iv)  4. Additional deficiency from prescribed servicing expense stress

(v)   5. Expected deficiency (post prescribed multiplier)

(vi)  6. Total servicing expense reserve

(vii)   7. Less: Tax benefits

(viii)  8. Adjustments to insurance risk charge as approved by APRA – total amount only

(ix)  9. Insurance risk charge

LRF 117.0: Asset Concentration Risk Charge                                                                         LRS 117.0 Asset Concentration Risk Charge (which came into effect on 1 January 2013)

(i)     1.Value of assets of the fund (VAF) – all data items

(ii)  2. Capital base

(iii) 3. Large Exposures and contributions to asset concentration risk charge –Specialist reinsurer? (Y/N)

  Section 3: Totals and risk charges

(iv)  4. Aggregate of excess exposures subjected to asset concentration risk charge – all data items

(v)   5. Adjustments to asset concentration risk charge as approved by APRA – total amount only.

(vi)  6. Asset concentration risk charge

LRF 118.0: Operational Risk Charge                                                                                 LRS 118.0 Operational Risk Charge (which came into effect on 1 January 2013)

Section 1: Operational risk charge calculation

(i)     Specialist reinsurer? (Y/N)

(ii)  1. Operational risk charge for risk business – all data items

(iii)  2. Operational risk charge for investment-linked business – all data items

(iv)  3. Operational risk charge for other business – all data items

(v)   4. Adjustments to operational risk charge as approved by APRA – total amount only

(vi)  5. Operational risk charge

LRF 200.0: Capital Adequacy Supplementary Information                                                               LRS 200.0 Capital Adequacy Supplementary Information (which came into effect on 1 January 2013)

Section 2: Insurance risk charge

(i)     3. Total impact of stress margins – all data items

Section 3: Variable annuities – all data items
LRF 330.0: Summary of Revenue and Expenses                                                                          LRS 330.0 Summary of Revenue and Expenses (which came into effect on 1 January 2013)

(i)     Totals by class of business – all data items

LRF 400.0: Statement of Policy Liabilities                                                                          LRS 400.0 Statement of Policy Liabilities (which came into effect on 1 January 2013)

  (i)      2. Totals by class of business and