Document ID: chunk:federal_register_of_legislation:F2022L00051:body:0:p3
Version: federal_register_of_legislation:F2022L00051
Segment Type: other
Provision Reference: 
Character Range: 6037–9509

Standard GRS 115.0 Outstanding Claims Liabilities - Insurance Risk Charge

 All data items, excluding 'Adjustments and exclusions to prudential requirements for the OCL Insurance Risk Charge'

GRF 115.1: Premiums Liabilities – Insurance Risk Charge                                                                Reporting Standard GRS 115.1 Premiums Liabilities - Insurance Risk Charge

All data items, excluding 'Adjustments and exclusions to prudential requirements for the PL Insurance Risk Charge'

GRF 117.0: Asset Concentration Risk Charge (GEN)                                                                       Reporting Standard GRS_117.0: Asset Concentration Risk Charge

     1. Capital base
     2. Adjusted net assets in Australia

Section 2A: Asset Concentration Risk Charge limits - All data items

Section 3: Totals and risk charges
3.1  Reinsurers with counterparty grade 4
3.2  Reinsurers with counterparty grade 5, 6 or 7
3.3  Reinsurance Asset Concentration Risk Charge
3.4  Related parties part of an APRA-regulated group
3.5  Unrelated parties part of an APRA-regulated group
3.6  Other
3.7  Non-reinsurance Asset Concentration Risk Charge
3.8  Adjustments to Asset Concentration Risk Charge as approved by APRA – Total amount
3.9  Asset Concentration Risk Charge

GRF 118.0: Operational Risk Charge (GEN)                                                                               Reporting Standard GRS 118.0: Operational Risk Charge

     1. Operational Risk Charge for inwards reinsurance business (ORCI) – All data items
     2. Operational Risk Charge for business that is not inwards reinsurance (ORCNI) - All data items
     3. Adjustments to Operational Risk Charge as approved by APRA – Total amount
     4. Total Operational Risk Charge

AND

This determination applies to transitional information in the following parts of reporting forms given to APRA by a general insurer under the following reporting standards, where a period of at least 14 days has elapsed from the date the general insurer was required to provide the information required under the reporting standards in accordance with paragraph 5 of Reporting Standard GRS 001 Reporting Requirements:

 Parts of reporting form covered by this determination                               Reporting standards
 GRF 900.0_L: Statement of Financial Performance and Position (L) – All data items   Reporting Standard GRS 900.0 Transitional Arrangements 2010 (Effective until July 2010)

 GRF_900.1_L: Premium Revenue, Reinsurance and Claims Expenses (L)
  – All data items

AND

This determination applies to semi-annual and annual information in the following parts of reporting forms given to APRA by a parent entity of a Level 2 insurance group under the following reporting standards, where a period of at least 14 days has elapsed from the date the general insurer was required to provide the information required under the reporting standards in accordance with paragraph 7 of Reporting Standard GRS 001 Reporting Requirements:

  2.      Current reporting standards for level 2 insurance groups

 Parts of reporting form covered by this determination                                                      Reporting standards
GRF_110.1_G: Prescribed Capital Amount (G)                                                                  Reporting Standard GRS 110.1_G Prescribed Capital Amount

Section 1 Summary of prescribed capital amount:
      1. Insurance Risk Charge: