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Financial Sector (Collection of Data) (reporting standard) determination No. 113 of 2023
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| Insurance Risk Charge | The Insurance Risk Charge is the minimum amount of capital required to be held against insurance risks. The Insurance Risk Charge relates to the risk of adverse impacts due to movements in future mortality, morbidity, longevity, servicing expenses and lapses.This is to be determined in accordance with Prudential Standard LPS 115 Capital Adequacy: Insurance Risk Charge. |
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