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Financial Sector (Collection of Data) (reporting standard) determination No. 5 of 2021
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Financial Sector (Collection of Data) (reporting standard) determination No. 5 of 2021
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 5 of 2021.
| Claims Data | Data Item | Public &<br>Products | Professional Risk | Field type1 |
|---|---|---|---|---|
| 1* | Insurer code | M | M | 6a |
| 2* | Record type | M | M | 1a |
| 3 | Status at end of Reporting Period | M | M | 1a |
| 4* | Month of End of Reporting Period | M | M | 8n |
| 5* | Class of Business | M | M | 2a |
| 6* | Policy Number | M | M | 30a/n |
| 7* | Risk Number | M | M | 30a/n |
| 8* | Claim Number | M | M | 30a/n |
| 9* | Date of Loss | M | O | 8n |
| 10 | Date of Report | M | M | 8n |
| 11 | Date Finalised | M | M | 8n |
| 12 | Jurisdiction of Claim | O | O | 3a |
| 13 | Deductible/Excess | O | O | 12n |
| 14 | General Nature of Loss | O | O | 1a |
| 15 | Cause of Loss | O | O | 3a |
| 16 | Body Functions or Structures Affected | O | O | 1a |
| 17 | Severity of Loss | O | O | 1a&1n |
| 18 | Litigation Status | O | O | 1a |
| 19 | Gross Payments in the Reporting Period | M | M | 12n |
| 20 | Gross Payments to Date | M | M | 12n |
| 21 | Gross Case Estimate at Start of Reporting Period | M | M | 12n |
| 22 | Gross Case Estimate at End of Reporting Period | M | M | 12n |
| 23 | Gross Third Party Recoveries Received | O | O | 12n |
| 24 | Gross Third Party Recoveries Outstanding | O | O | 12n |
| 25.1 | Past economic loss | O | O | 12n |
| 25.2 | Future economic loss | O | O | 12n |
| 25.3 | Past medical, hospital, caring and related services | O | O | 12n |
| 25.4 | Future medical, hospital and related services | O | O | 12n |
| 25.5 | Future caring services | O | O | 12n |
| 25.6 | General damages | O | O | 12n |
| 25.7 | Interest | O | O | 12n |
| 25.8 | Plaintiff legal costs | O | O | 12n |
| 25.9 | Defendant legal costs | O | O | 12n |
| 25.10 | Investigation costs | O | O | 12n |
| 25.11 | Other | O | O | 12n |
1Date must be DDMMYYYY, no delimiter.
Key:
M – mandatory field on all records from 1 July 2004.
O – optional field.
a – alpha.
n – numeric.