Financial Sector (Collection of Data) (reporting standard) determination No. 23 of 2009 - GRS 210.1_G (2009) - Premiums Liabilities - Insurance Risk Charge
Objective of this reporting standardObjective of this reporting standard
Start here
Get a plain-English read of Objective of this reporting standard
Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 23 of 2009 - GRS 210.1_G (2009) - Premiums Liabilities - Insurance Risk Charge.
Objective of this reporting standard
This reporting standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 (the Collection of Data Act). It requires Level 2 insurance groups to report to APRA, generally on a semi-annual and annual basis, in relation to their premiums liabilities.
This reporting standard outlines the overall requirements for the provision of this information to APRA. It should be read in conjunction with:
- Form GRF 210.1_G Premiums Liabilities – Insurance Risk Charge (Form GRF 210.1_G) and the instructions to that form (which are attached and form part of this reporting standard); and
- any prudential standards referenced in the attached instructions.