Part Table 1: Outstanding Claims Liabilities - Financial Sector (Collection of Data) (reporting standard) determination No. 69 of 2023 - Table 1: Outstanding Claims Liabilities - Insurance Risk Charge

Table 1: Outstanding Claims Liabilities - Insurance Risk Charge

Reporting basis

Report the components of the GPS 340 OCL by class of business for direct business and reinsurance business.

Units of measurement

Report values in whole Australian dollars (no decimal places).

Were actuarial services used to complete this return?

Use the drop-down selection to report whether actuarial services were used to complete this table. If actuarial services were used input 'Yes' otherwise input 'No'.

	Name	Valid values	Description
1	Class Of Business	Direct classes of business:HouseholdersCommercial MotorDomestic MotorOther Direct - Category ATravelFire and ISRMarineAviationConsumer CreditOther AccidentOther Direct - Category BMortgageCTPPublic and Product LiabilityProfessional IndemnityEmployers LiabilityCyberDirectors and OfficersOther Direct - Category CReinsurance classes of business:Proportional - Category AProportional - Category BProportional - Category CNon-proportional - Category ANon-proportional - Category BNon-proportional - Category C	Report the class of business.
2	Gross OCL - Central Estimate (Excluding Claims Handling Expenses)	Whole dollars	Report the gross OCL - central estimate (excluding claims handling expenses).
3	Claims Handling Expenses	Whole dollars	Report the claims handling expense.
4	Gross OCL - Diversified Risk Margin	Whole dollars	Report the gross OCL - diversified risk margin.
5	Net OCL - Non-Reinsurance Recoveries (Central Estimate)	Whole dollars	Report the net OCL - non-reinsurance recoveries (central estimate).Non-reinsurance recoveries should be reported as a positive number if they act to reduce the gross OCL.
6	Net OCL - Reinsurance Recoverables (Central Estimate)	Whole dollars	Report the net OCL - reinsurance recoverables (central estimate).Reinsurance recoverables should be reported as a positive number if they act to reduce the gross OCL.
7	Net OCL - Stand-Alone Risk Margin	Whole dollars	Report the net OCL - stand-alone risk margin.

Table 1: Outstanding Claims Liabilities Table 1: Outstanding Claims Liabilities - Insurance Risk Charge

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Table 1: Outstanding Claims Liabilities - Insurance Risk Charge