CTHRepealed
//
© 2026 Zoe. All rights reserved.
Zoe is a legal information platform. Always consult the Federal Register of Legislation for authoritative text.
Financial Sector (Collection of Data) (reporting standard) determination No. 73 of 2008 - GRS 170.0 (2008) Concentration Risk Charge
Start here
Turn the raw legal text into a practical explanation grounded in Financial Sector (Collection of Data) (reporting standard) determination No. 73 of 2008 - GRS 170.0 (2008) Concentration Risk Charge.
Introduction
This form collects information to calculate the Concentration Risk Capital Charge in accordance with GPS 116 Capital Adequacy: Concentration Risk Capital Charge (GPS 116).
GPS 116 details the calculation using the Prescribed Method for determining the Concentration Risk Capital Charge. It sets out the issues that an insurer should consider in setting its Maximum Event Retention (MER) for catastrophe purposes. It is the responsibility of the insurer’s Board and senior management to ensure that the MER is set at a level which is consistent with the insurer’s risk profile and its reinsurance program.