CTHIn ForceLegislation
Financial Sector (Collection of Data) (reporting standard) determination No. 73 of 2023
Units of measurementUnits of measurement
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Units of measurement
Report values in whole Australian dollars (no decimal places).
- Natural perils vertical requirement (NP VR)
| Item 1 | Natural perils vertical requirement (NP VR) is a derived item and is calculated as the greater of:item 1.2 less item 1.3; oritem 1.4;less:item 1.5plus:item 1.6less:item 1.7 |
|---|---|
| Item 1.1 | Report the basis for determination of NP VR value. The valid values are:gross; ornet |
| Item 1.2 | Report the NP PML amount.The insurer must only report this item if the insurer has entered ‘gross’ in item 1.1. |
| Item 1.3 | Report the NP reinsurance recoverables amount.The insurer must only report this item if the insurer has entered ‘gross’ in item 1.1. |
| Item 1.4 | Report the net whole-of-portfolio loss amount.The insurer must only report this item if the insurer has entered ‘net’ in item 1.1. |
| Item 1.5 | Report the NP reinstatement premiums amount. |
| Item 1.6 | Report the NP reinstatement cost amount. |
| Item 1.7 | Report the other adjustments amount. |
- Natural perils horizontal requirement (NP HR)
| Item 2 | Natural perils horizontal requirement (NP HR) is a derived item and is calculated as the greater ofitem 2.3; oritem 2.4less:item 2.5. |
|---|---|
| Item 2.1 | Report the commencement date of catastrophe reinsurance program amount. |
| Item 2.2 | Report the end date of catastrophe reinsurance program amount. |