APRA product groupsAPRA product groups

APRA product groups

The APRA product groups (classes of business) that apply for the reporting purpose are defined in GPS 001:

Insurance business

• C1: Householders
• C2: Commercial Motor
• C3: Domestic Motor
• C4: Travel
• C5: Fire and ISR
• C6: Marine
• C7: Aviation
• C8: Consumer Credit
• C9: Other Accident
• C10: Mortgage
• C11: CTP
• C12: Public and Product Liability
• C13: Professional Indemnity
• C14: Employers Liability
• C15: Cyber
• C16: Directors and Officers
• C17: Other Direct – Category A
• C18: Other Direct – Category B
• C19: Other Direct – Category C

Reinsurance business

• RB1: Proportional – Category A
• RB2: Proportional – Category B
• RB3: Proportional – Category C
• RB4: Non-proportional – Category A
• RB5: Non-proportional – Category B
• RB6: Non-proportional – Category C

Direct business is any insurance business written / insurance contracts issued by the reporting insurer.

Inwards reinsurance is any reinsurance business written / reinsurance contracts issued by the reporting insurer.

Category A consists of householders, commercial motor, and domestic motor. Category B consists of travel, fire and ISR, marine and aviation, consumer credit, and other accident. Category C consists of mortgage, CTP, public and product liability, professional indemnity, employers liability, cyber, and directors & officers liability.