Document ID: chunk:federal_register_of_legislation:F2022L00051:body:0:p2
Version: federal_register_of_legislation:F2022L00051
Segment Type: other
Provision Reference: 
Character Range: 2922–6398

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 parent entity 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

   1. Reporting Standard GRS 112.0_G Determination of Capital Base
   2. Reporting Standard GRS 114.1_G Assets by Counterparty Grade
    3. Reporting Standard GRS 114.3_G Off-balance Sheet Business
   4. Reporting Standard GRS 300.0_G Statement of Financial Position
   5. Reporting Standard GRS 302.0_G Statement of Financial Position by Region
    6. Reporting Standard GRS 310.0_G Income Statement

Part 2 (Parts of reporting documents covered by this determination)

This determination applies to quarterly and annual 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:

   1. Current reporting standards

 Parts of reporting form covered by this determination                                                                 Reporting standards
GRF 110.1: Prescribed Capital Amount                                                                                   Reporting Standard GRS 110.1 Prescribed Capital Amount

Section 1: Summary of prescribed capital amount:

      1. Insurance Risk Charge
            1. GRF 115.0: OCL Insurance Risk Charge
            2. GRF 115.1: PL Insurance Risk Charge
      2. GRF 116.0: Insurance Concentration Risk Charge
      3. GRF 114. 0: Asset Risk Charge
      4. GRF 117.0: Asset Concentration Risk Charge
      5. GRF 118.0: Operational Risk Charge
      6. Aggregation benefit
      7. Adjustments to prescribed capital amount as approved by APRA – Total amount
      8. Prescribed capital amount

Section 2: Capital Adequacy Assessment - All data items

Section 3: Adjusted net assets in Australia - All data items

GRF 114.0: Asset Risk Charge                                                                                           Reporting Standard GRS 114.0 Asset Risk Charge

Section 1: Asset Risk Charge calculation

     1. Items subject to stress
     2. Impact on capital base
     3. Risk charge components
     4. Aggregate risk charge component
     5. Less: Tax benefits deduction
     6. Adjustments to Asset Risk Charge as approved by APRA – Total amount
     7. Asset Risk Charge

Section 2: Additional information

8.      Assets fair values subject to credit spreads stress
9.      Stressed asset values post credit spreads stress
10.  Yields used in stress scenarios

GRF 115.0: Outstanding Claims Liabilities – Insurance Risk Charge                                                      Reporting 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