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Financial Sector (Collection of Data) (reporting standard) determination No. 77 of 2023
Table 1: Operational Risk ChargeTable 1: Operational Risk Charge
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Table 1: Operational Risk Charge
| Column 1 | Report the value for each of the items listed below. |
|---|
- Operational Risk Charge for inwards reinsurance business (ORCI)
| Item 1 | The ORCI is a derived item and is calculated using the formula in accordance with GPS 118. |
|---|---|
| Item 1.1 | Report the ORCI - GWP for the 12 months ending on the reporting date. |
| Item 1.2 | Report the ORCI - GWP for the 12 months ending on the date 12 months prior to the reporting date. |
| Item 1.3 | Report the ORCI - central estimate of net insurance liabilities. |
- Operational Risk Charge for business that is not inwards reinsurance (ORCNI)
| Item 2 | The ORCNI is a derived item and is calculated using the formula in accordance with GPS 118. |
|---|---|
| Item 2.1 | Report the ORCNI - GWP for the 12 months ending on the reporting date. |
| Item 2.2 | Report the ORCNI - GWP for the 12 months ending on the date 12 months prior to the reporting date. |
| Item 2.3 | Report the ORCNI - central estimate of net insurance liabilities. |