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Financial Sector (Collection of Data) (reporting standard) determination No. 5 of 2021
17. Severity of loss17. Severity of loss
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17. Severity of loss
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.
| APRA code | Severity of loss [acute bodily injury claims only] |
|---|---|
| L1 | Minor or mild injury to soft tissue; minor lacerations; bruising |
| L2 | Minor or simple fractures; larger lacerations |
| M1 | Moderate injury usually involving nerve or tissue damage |
| APRA code | Severity of loss [acute bodily injury claims only] |
| M2 | Serious injury involving loss of tissue, internal bleeding, ruptured tissue or organs |
| 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 |
Table 5
Where this information is not available, enter a hyphen (“-“).