Document ID: chunk:federal_register_of_legislation:F2023L00604:reg:15
Version: federal_register_of_legislation:F2023L00604
Segment Type: reg
Provision Reference: reg 15
Character Range: 56250–57743

15  Present Value Of Expected Other Future Premium Liability Component  Whole dollars                                                         Report present value of expected other future premium liability component amount.

Table 3: Unstressed RFBEL - Non-participating Benefit Without Entitlement To Discretionary Additions And Friendly Society Benefits - New Business - As At The Reporting Date And 12 Months After The Reporting Date (Discounted Back To Reporting Date)

Reporting basis

This section relates to:

    * life companies including friendly societies (approved benefit funds, which write defined benefit risk products (i.e. APRA product group F4));
    * non-participating benefits without entitlement to discretionary additions and friendly society benefits; and
    * new business.

Report this table for each statutory fund for life insurers and each benefit fund for friendly societies.

Report unstressed values before the effect of insurance risk stresses as at the reporting date and 12 months after the reporting date (discounted back to reporting date).

Report this table on an annual basis only.

Units of measurement

Report the dollar values in this table in whole Australian dollars.

Report all items (including premium related numbers) as positive numbers unless otherwise stated.

    Name                                                                Valid values                                                                     Description