Part Table 2: OCL Insurance Risk Charge - Aus - Financial Sector (Collection of Data) (reporting standard) determination No. 70 of 2023 - Table 2: OCL Insurance Risk Charge - Australian Business by Class of Business - GPS 340 basis

Table 2: OCL Insurance Risk Charge - AusTable 2: OCL Insurance Risk Charge - Australian Business by Class of Business - GPS 340 basis

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Table 2: OCL Insurance Risk Charge - Australian Business by Class of Business - GPS 340 basis

Reporting basis

Report the components of the GPS 340 OCL for Australian business on a GPS 340 basis (as opposed to deriving the GPS 340 OCL based on accounting records (AASB basis)) by class of business for direct business and reinsurance business.

Units of measurement

Report values in whole Australian dollars.

	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.
8	Net OCL - Diversified Risk Margin	Whole dollars