Document ID: chunk:federal_register_of_legislation:F2015L00579:body:0:p8
Version: federal_register_of_legislation:F2015L00579
Segment Type: other
Provision Reference: 
Character Range: 19058–21921

which are in excess of the determined asset concentration limits.

This is calculated automatically as the sum of the totals in Section 2, Column (6) where the exposure is category (a) in Section 2, Column (3).

    4.2.      Bank deposits

This is the total amount of bank deposit exposures in excess of the determined asset concentration limits.

This is calculated automatically as the sum of the totals in Section 2, Column (6) where the exposure is category (b) in Section 2, Column (3).

    4.3.      Reinsurance with non-related registered life company or APRA approved reinsurance for OS business, with a related entity of a registered life company that has a specialist reinsurer statutory fund

This is the total amount of assets associated with a reinsurance arrangement with a non- related, registered life company, or the total amount of assets associated with an approved reinsurance arrangement in respect of overseas business, with a related entity of a registered life company that has a specialist reinsurer statutory fund as defined in Prudential Standard LPS 001 Definitions.

This is calculated automatically as the sum of the totals in Section 2, Column (6) where the exposure is category (c) in Section 2, Column (3).

    4.4.      Outstanding premiums receivable by reinsurer from registered life company

This is the total amount of outstanding premiums receivable by a reinsurer under a reinsurance policy with a registered life company.

This is calculated automatically as the sum of the totals in Section 2, Column (6) where the exposure is category (d) in Section 2, Column (3).

    4.5.      Other actively trade security, non-trade security, loan or reinsurance with grade 1, 2, or 3 counterparties, real estate or other income producing real property asset

This is the total amount of actively traded security not captured in the above categories; non- traded security, loan, or assets associated with reinsurance arrangements with APRA counterparty grades of 1, 2 or 3; real estate assets; and other income producing real property assets.

This is calculated automatically as the sum of the totals in Section 2, Column (6) where the exposure is category (e) in Section 2, Column (3).

    4.6.      Reinsurance with approved retrocessionaires (current grade 1, 2, or 3)

This is the total amount of assets associated with a retrocession arrangement where the retrocessionaire has a current APRA counterparty grade of 1, 2 or 3.

This only applies to specialist reinsurers. This is calculated automatically as the sum of the totals in Section 2, Column (6) where the exposure is category (f) in Section 2, Column (3).

    4.7.      Reinsurance with approved retrocessionaires (grade 1, 2, or 3 at time of agreement)

This is the total amount of assets associated with a retrocession arrangement where the retrocessionaire is