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Financial Sector (Collection of Data) (reporting standard) determination No. 2 of 2021
17. Severity of loss (Table 7)17. Severity of loss (Table 7)
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17. Severity of loss (Table 7)
Code the severity of the loss underlying the claim for all claims involving bodily injury where claim item 14 (General Nature of Loss) contains a bodily injury component i.e. B, L, X or Z.
| APRA<br>code | Severity of loss |
|---|---|
| L1 | Minor or mild injury to soft tissue; minor lacerations; bruising; minor psychological harm |
| L2 | Minor or simple fractures; larger lacerations |
| M1 | Moderate injury usually involving nerve or tissue damage; major psychological harm |
| M2 | Serious injury involving loss of tissue, internal bleeding, ruptured tissue or organs; serious and permanent psychological damage |
| S1 | Major injury involving brain injury likely to lead to permanent impairment |
| S2 | Major injury involving spinal cord injury likely to lead to permanent impairment |
| S3 | Quadriplegia |
| S4 | Paraplegia |
| S5 | Other major injury leading to a disability that is likely to permanently reduce the earning capacity or activity in the community of the claimant |