Document ID: chunk:federal_register_of_legislation:F2023L00697:front:0:p13
Version: federal_register_of_legislation:F2023L00697
Segment Type: other
Provision Reference: 
Character Range: 37614–38950

business as well. Where reinsurance occurs between entities in one region, the reinsurance transaction is to be eliminated on consolidation within the reported region. Consolidation adjustments for intra group reinsurance transactions between entities in different regions should be reported in Table 6.

Table 1: Premiums Liabilities Insurance Risk Charge - Australian Business by Class of Business – data preparation
Column 1   Report the value for each of the items listed below.

 Item 1  Report whether actuarial services used to complete this return.
         If actuarial services were used input 'Yes' otherwise input 'No'.
 Item 2  Report the basis of preparation by which PL have been reported and complete the relevant tables below.

Table 2: Premiums Liabilities - Insurance Risk Charge - Australian Business by Class of Business - GPS 340 basis

Reporting basis

Report the components of the GPS 340 PL for Australian business on a GPS 340 basis (as opposed to deriving the GPS 340 PL based on accounting records (AASB basis)) by class of business for direct business and reinsurance business.

Units of measurement

Report values in whole Australian dollars.

    Name                                                                                                  Valid values                          Description