Financial Sector (Collection of Data) (reporting standard) determination No. 7 of 2010 - GRS 210 (2010) - Insurance Risk Charge
This instruction guide is designed to asThis instruction guide is designed to assist in the completion of GRF 210.1 - Premiums Liabilities — Insurance Risk Charge.
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Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 7 of 2010 - GRS 210 (2010) - Insurance Risk Charge.
This instruction guide is designed to assist in the completion of GRF 210.1 - Premiums Liabilities – Insurance Risk Charge.
The form can be used to calculate the risk capital charge associated with the licensed insurer’s premiums liabilities in accordance with Prudential Standard GPS 115 Capital Adequacy: Insurance Risk Capital Charge (GPS 115).
The value of the premiums liabilities and the expected reinsurance recoveries that are included in this form must be measured in accordance with GPS 310 Audit and Actuarial Reporting and Valuation (GPS 310).