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Financial Sector (Collection of Data) (reporting standard) determination No. 111 of 2023
5. APRA Product Group classification5. APRA Product Group classification
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5. APRA Product Group classification
For consistency of reporting across the range of reporting standards applicable to life companies, APRA adopts a single set of product groupings for life insurers and friendly societies. The appropriate APRA product groups must be used in accordance with the specific reporting standard.
The following tables specify the product groups applicable to life insurers and friendly societies.