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Financial Sector (Collection of Data) (reporting standard) determination No. 115 of 2023
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| Real interest rates downwards stress(Stress scenario type) | Real interest rates stress measures the impact on a fund's capital base of downward changes in real interest rates. It also affects nominal interest rates.This item is calculated in accordance with LPS 114. |
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| Real interest rates upwards stress(Stress scenario type) | Real interest rates stress measures the impact on a fund's capital base of upward changes in real interest rates. It also affects nominal interest rates.This item is calculated in accordance with LPS 114. |
| Reinsurance premiums payable | This is the amount related to reinsurance premiums due but not yet paid which has been recognised within insurance and reinsurance contract liabilities and assets reported on the balance sheet under AASB 17.Premiums should be gross of commissions, before profit share rebates, and inclusive of stamp duty, policy fees, loadings and discounts. This definition is consistent with the definition of premium defined in LRS 750.0. Life companies may use approximate methods to report this item if premiums which meet the outlined definition are not readily available (corresponding adjustments also need to be made in other accounts receivable or other accounts payable).Life companies must exclude any amount already allowed in adjusted policy liabilities to avoid double counting.This amount must be consistent with reinsurance premiums payable reported in LRS 112.0 as a component of liability adjustment (gross of tax effect).This item must not be reported as a component of other asset and liability items including adjusted policy liability related items reported in this Reporting Standard. |
| Reinsurance recoveries receivable(Items subject to Asset Risk Charge type) | This is the amount related to reinsurance recoveries due but not yet received which has been recognised within insurance and reinsurance contract liabilities and assets reported on the balance sheet under AASB 17.Life companies must exclude any amount already allowed in adjusted policy liabilities to avoid double counting.This amount must be consistent with reinsurance recoveries receivable reported in LRS 112.0 as a component of liability adjustment (gross of tax effect).This item must not be reported as a component of other asset and liability items including adjusted policy liability related items reported in this Reporting Standard. |
| Rental yield used in determination of property stress percent(Yields used in stress scenarios type) | This is the average rental yield for the property assets based on current leases and net of expenses. |