Financial Sector (Collection of Data) (reporting standard) determination No. 120 of 2023
Table 3: Unstressed RFBEL - Non-participTable 3: Unstressed RFBEL - Non-participating Benefit Without Entitlement To Discretionary Additions And Friendly Society Benefits - New Business - As At The Reporting Date And 12 Months After The Reporting Date (Discounted Back To Reporting Date)
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Table 3: Unstressed RFBEL - Non-participating Benefit Without Entitlement To Discretionary Additions And Friendly Society Benefits - New Business - As At The Reporting Date And 12 Months After The Reporting Date (Discounted Back To Reporting Date)
Reporting basis
This section relates to:
life companies including friendly societies (approved benefit funds, which write defined benefit risk products (i.e. APRA product group F4));
non-participating benefits without entitlement to discretionary additions and friendly society benefits; and
new business.
Report this table for each statutory fund for life insurers and each benefit fund for friendly societies.
Report unstressed values before the effect of insurance risk stresses as at the reporting date and 12 months after the reporting date (discounted back to reporting date).
Report this table on an annual basis only.
Units of measurement
Report the dollar values in this table in whole Australian dollars.
Report all items (including premium related numbers) as positive numbers unless otherwise stated.
| Name | Valid values | Description | |
|---|---|---|---|
| 1 | Life Company Fund Type | Statutory fundBenefit fund | Report life company fund. |
| 2 | Life Company Fund Name | Free text | Report the name of life company fund. |
| 3 | APRA Product Group | L1 - ConventionalL2 - Annuity with longevity riskL3_1 - Individual lump sum risk - stepped premiumL6 - Individual disability income insurance - stepped premiumL7_1 - Individual lump sum risk - otherL10 - Individual disability income insurance - otherL11_1 - Group lump sum riskL14 - Group disability income insuranceL15 - Investment linkedL16 - Investment policy with discretionary additionsL17 - Other investment policyL18 - Annuity without longevity riskL19 - OtherF4 - Defined benefit risk | Report APRA product group. |
| 4 | Insurance Business Type | New business - Unstressed RFBEL (gross of reinsurance)New business - Unstressed RFBEL (net of reinsurance) | Report insurance business type. |
| 5 | Valuation Date | As at reporting dateAs at 12 months after reporting date (discounted back to reporting date) | Report valuation date. |