Document ID: chunk:federal_register_of_legislation:F2023L00640:body:0:p16
Version: federal_register_of_legislation:F2023L00640
Segment Type: other
Provision Reference: 
Character Range: 42811–43919

Report the available reinsurance amount for each year.
           Report the amount of available reinsurance for each of the three years of the prescribed stress scenario.
 Item 4.5  Allowable reinsurance is a derived item and is calculated as the lesser of the:

                * total of item 4.4; or
                * total of item 4.3 multiplied by 60%

 Item 4.6  PML net of reinsurance is a derived item and is calculated as:
              * item 4.3
           less:
              * item 4.5
 Item 4.7  Report the net premium liability deduction amount. Report this item as a positive amount.

 Item 4.8  Report the adjustments to LMI Concentration Risk Charge as approved by APRA amount.
           An increase in the LMI Concentration Risk Charge is to be reported as a positive amount.

5.     Region / Approach
 Item 5  Report the region / approach used to determine the applicable component that produces the highest Insurance Concentration Risk Charge.
         Where the Level 2 insurance group has used an approach agreed with APRA under  GPS 116, enter 'APRA-agreed approach' in this field.