Table 1: Insurance arrangementsTable 1: Insurance arrangements

Table 1: Insurance arrangements

Report in table 1 all insurance policies, currently or previously held by the RSE licensee which:

1) Were in force at any time during the reporting period or in the 5 years prior to the start of the reporting period; or
2) For which one or more of the following activities occurred during the reporting period:
a) Premiums were paid to the insurer; or
b) Claims were received, processed or paid.
3) For the period ending 30 June 2021 only: For which one or more of the following activities occurred during the five years prior to the start of the reporting period:
a) Premiums were paid to the insurer; or
b) Claims were received, processed or paid.

Report each such group insurance policy as a separate line with a unique insurance cluster identifier.

Aggregate into insurance clusters, by insurer, all such individual insurance policies held by the RSE licensee. Report all insurance clusters that cover or covered five per cent or more of the total number of member accounts with individual insurance policies.

Where the insurance policy has previously been reported, the same insurance cluster identifier should be used as when the insurance policy was last reported.

The insurance clusters reported will cover all group insurance policies, but may not cover all individual insurance policies held by the RSE licensee in respect of members of the RSE or defined benefit RSE.