Document ID: chunk:federal_register_of_legislation:F2024C00190:reg:5e
Version: federal_register_of_legislation:F2024C00190
Segment Type: reg
Provision Reference: reg 5E
Character Range: 19603–20477

5E  Content of Financial Outlook Report
  For the purposes of subsection 40A(1) of the Act, a Financial Outlook Report must set out the following:
 (a) an overview of the performance of the cyclone reinsurance scheme during the financial year;
 (b) observations on broader financial risks affecting the scheme's financial outlook;
 (c) an assessment of the adequacy of:
 (i) the premiums the Corporation is receiving under cyclone reinsurance contracts; and
 (ii) the Corporation's reserves that are available to meet claims under those contracts;
 (d) observations on capital management for the purposes of the scheme;
 (e) projections for financial outcomes for the scheme, based on estimates of future claims under cyclone reinsurance contracts;
 (f) any other matters that the Corporation considers material to the current and future financial situation of the scheme.