Financial Sector (Collection of Data) (reporting standard) determination No. 5 of 2021
14. General Nature of Loss14. General Nature of Loss
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14. General Nature of Loss
Code the general nature of loss as
• P = Property damage only
• B = Bodily injury or death
• L = Both property damage and bodily injury
• F = Financial loss only (no physical damage or bodily injury)
• X = Both bodily injury and financial loss
• Y = Both property damage and financial loss
• Z = Property damage, bodily injury and financial loss
Code as a hyphen (“-“) if unknown
If a claim is comprised of more than one general nature of loss field type (i.e. P (property damage) and B (bodily injury)), then a claim may only be coded as L, X, Y or Z if the relevant component is greater than 15% of the claim amount.
Where this information is not available, enter a hyphen (“-“).