Financial Sector (Collection of Data) (reporting standard) determination No. 70 of 2023
Objective of this Reporting StandardObjective of this Reporting Standard
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Objective of this Reporting Standard
This Reporting Standard sets out the requirements for the provision of information to APRA relating to a Level 2 insurance group’s Insurance Risk Charge on outstanding claims liabilities.
It includes associated specific instructions and must be read in conjunction with Reporting Standard GRS 001 Reporting Requirements (GRS 001), including the general instruction guide, Prudential Standard GPS 115 Capital Adequacy: Insurance Risk Charge (GPS 115) and Prudential Standard GPS 340 Insurance Liability Valuation (GPS 340).