Disclosure

1. To improve the understanding of its capital adequacy position by policy holders and other market participants, a private health insurer must publish, at least annually, the following items for the private health insurer:
   1. the amount of Common Equity Tier 1 Capital;
   2. the aggregate amount of any regulatory adjustments applied in the calculation of Common Equity Tier 1 Capital;
   3. the amount of Additional Tier 1 Capital;
   4. the aggregate amount of any regulatory adjustments applied in the calculation of Additional Tier 1 Capital;
   5. the amount of Tier 2 Capital;
   6. the aggregate amount of any regulatory adjustments applied in the calculation of Tier 2 Capital;
   7. the total capital base of the private health insurer derived from the items (a) to (f);
   8. the prescribed capital amount; and
   9. the capital adequacy multiple (item (g) divided by item (h)).
2. A private health insurer must also publish, at least annually, the following items for each of its funds:
   1. the amount of the fund’s ‘net assets’, after applying any regulatory adjustments;
   2. the aggregate amount of any regulatory adjustments applied to the fund’s net assets;
   3. the amount of Tier 2 Capital held by the fund;
   4. the aggregate amount of any regulatory adjustments applied in the calculation of the fund’s Tier 2 Capital;
   5. the total capital base of the fund derived from the items (a) to (d);
   6. the fund’s prescribed capital amount;
   7. the components of the fund’s prescribed capital amount[3] specified in paragraph 26; and
   8. the capital adequacy multiple of the fund (item (e) divided by item (f)).
3. A private health insurer must publish the information specified in paragraphs 42 and 43 so that it is readily accessible to both policy holders and other market participants.
4. A private health insurer must not disclose any supervisory adjustment determined by APRA in accordance with paragraph 41.