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Financial Sector (Collection of Data) (reporting standard) determination No. 71 of 2023
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| Additional policies risk charge | This is the component of the Insurance Risk Charge which relates to the risk that material net written premium, as defined in GPS 115, will be insufficient to fund the liabilities arising from that business.It is calculated by multiplying:net written premium for material business that incepts in the next reporting period; andPL capital factor % |
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