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Financial Sector (Collection of Data) (reporting standard) determination No. 72 of 2023
Table 5: Premiums Liabilities - InsurancTable 5: Premiums Liabilities - Insurance Risk Charge - International Business - AASB basis
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Table 5: Premiums Liabilities - Insurance Risk Charge - International Business - AASB basis
Reporting basis
Report the components of the GPS 340 PL for international business on an AASB basis by international region (excluding Australia) for direct business and reinsurance business.
Units of measurement
Report monetary values in whole Australian dollars.
Report all percentages as percentage points to two decimal places.
| Name | Valid values | Description | |
|---|---|---|---|
| 1 | International Region | New ZealandSouth East AsiaAsia PacificUSAAmericasUK or EuropeOther | Report the international region. |
| 2 | Business Type | Direct businessReinsurance business | Report the business type. |
| 3 | Insurance Contract Liabilities - Liabilities For Remaining Coverage | Whole dollars | Report the insurance contract liabilities - liabilities for remaining coverage amount.Report this as a positive value where it is in a liability position. |
| 4 | Reinsurance Contract Liabilities - Liabilities For Remaining Coverage | Whole dollars | Report the reinsurance contract liabilities - liabilities for remaining coverage amount.Report this as a positive value where it is in a liability position. |
| 5 | Insurance Contract Assets - Assets For Remaining Coverage | Whole dollars | Report the insurance contract assets - assets for remaining coverage amount.Report this as a positive value where it is in an asset position. |
| 6 | Reinsurance Contract Assets - Assets For Remaining Coverage | Whole dollars | Report the reinsurance contract assets - assets for remaining coverage amount.Report this as a positive value where it is in an asset position. |
| 7 | Adjustment To AASB Net Liabilities For Remaining Coverage | Whole dollars | Report the adjustment to AASB net liabilities for remaining coverage amount.Report this as a positive value where it would increase the adjusted net premiums liabilities. |
| 8 | PL Capital Factor % | Percentage | Report the PL capital factor % to two decimal places. |