Document ID: chunk:federal_register_of_legislation:F2014L01824:body:0:p13
Version: federal_register_of_legislation:F2014L01824
Segment Type: other
Provision Reference: 
Character Range: 31378–34192

reported in this section for the five largest liability exposures by originator.

Calculation of LMICRC

The information on this form will not directly affected the calculation of the LMI concentration risk charge

Specific reporting instructions

Section 1: 1.1

(1) LVR greater than (%)

(2) LVR less than or equal to (%)

(3) Coverage proportion (%)

(4.1.) < 3 years

(4.2.) 3 < 5 years

(4.3.) 5 < 10 years

(4.4.) >= 10 years

Refer to instructions for the corresponding columns in Section 1: 1.1 of GRF 116.1.

(5) Total inwards reinsurance

Report the total inwards reinsurance exposure for the LMI relating to 100 per cent and top cover loans.

This is automatically calculated as the sum of Columns 4.1 to 4.4 multiplied by their corresponding seasoning factors.

(6) Of which non-APRA regulated

Report the total inwards reinsurance exposure relating to policies insuring 100 per cent and top cover loans that are approved, advanced and funded by non-ADIs.

(7) Of which non-standards loans

Report the total inwards reinsurance exposure relating to policies insuring non-standard, 100 per cent and top cover loans.

Section 1: 1.2

(1) Weighted average LVR (%)

(2) Weighted-average age

Refer to instructions for the corresponding columns in Section 1: 1.2 of GRF 116.1.

(3) Total inwards reinsurance

Report the total inwards reinsurance exposure for the LMI relating to pool cover loans.

(4) Of which non-APRA regulated

Report the total inwards reinsurance exposure relating to policies insuring pool cover loans that are approved, advanced and funded by non-ADIs.

(5) Of which non-standard loans

Report the total inwards reinsurance exposure relating to policies insuring non-standard, pool cover loans.

Section 1: 1.3

(1) Total inwards reinsurance

Report the total inwards reinsurance exposure for the LMI relating to commercial loans.

(2) Of which non-APRA regulated

Report the total inwards reinsurance exposure relating to policies insuring commercial loans that are approved, advanced and funded by non-ADIs.

Section 1: 1.4

(1) Total inwards reinsurance

This is automatically calculated as the sum of Column 5 of 1.1, Column 3 of 1.2 and Column 1 of 1.3.

(2) Of which non-APRA regulated

This is automatically calculated as the sum of Column 6 of 1.1, Column 4 of 1.2 and Column 2 of 1.3.

(3) Of which non-standards loans

This is automatically calculated as the sum of Column 7 of 1.1 and Column 5 of 1.2.

Section 2

(1) Large exposures

This indicates the ranking of the five largest liability exposures by a number from 1 to 5.

(2) Originator

Report the name of the originator.

(3) ACN / ABN

Where relevant, this column reports the Australian Company Number (ACN) of the originator reported in column 2.  In cases where the originator doesn't have an ACN but