Australian Prudential Regulation Authority (confidentiality) determination No. 25 of 2013

Link to law: https://www.comlaw.gov.au/Details/F2013L02065

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Australian Prudential Regulation Authority
(confidentiality) determination No. 25 of 2013
 
Information provided by general insurers under Reporting Standard GRS
110.0 (2002), GRS 120.0 (2002), GRS 140.0 (2002), GRS 140.1 (2002), GRS 140.2 (2002), GRS 140.3 (2002), GRS 140.4 (2002), GRS 300.0 (2002), GRS 310.0 (2002), GRS 310.3 (2002), GRS 320.0 (2002), GRS 400.0 (2002), GRS 110.0 (2005), GRS 120.0 (2005), GRS 140.0 (2005), GRS 140.1 (2005), GRS 140.2 (2005), GRS 140.3 (2005), GRS 140.4 (2005), GRS 300.0 (2005), GRS 310.0 (2005), GRS 310.3 (2005), GRS 320.0 (2005), GRS 400.0 (2005), GRS 110.0 (2007),GRS 120.0 (2007), GRS 140.0 (2007), GRS 140.1 (2007), GRS 140.2 (2007), GRS 140.3 (2007), GRS 140.4 (2007), GRS 300.0 (2007), GRS 310.0 (2007), GRS 310.3 (2007), GRS 320.0 (2007), GRS 400.0 (2007), GRS 110.0 (2008), GRS 120.0 (2008), GRS 140.0 (2008), GRS 140.1 (2008), GRS 140.2 (2008), GRS 140.3 (2008), GRS 140.4 (2008),GRS 300.0 (2008), GRS 301.0 (2008), GRS 310.0 (2008), GRS 310.3 (2008), GRS 320.0 (2008), GRS 400.0 (2008), GRS 110.0_G (2009), GRS 120.0_G (2009), GRS 300.0_G (2009), GRS 310.0_G (2009), GRS 110.0 (2010), GRS 120.0 (2010), GRS 140 (2010), GRS 300.0 (2010), GRS 301.0 (2010), GRS 310 (2010), GRS 400 (2010), GRS 110.0_G (2011), GRS 120.0_G (2011), GRS 300.0_G (2011), GRS 310.0_G (2011) , GRS 110.1 (2013), GRS 110.1_G (2013), GRS 112.0 (2013), GRS 112.0_G(2013), GRS 114.4 (2013), GRS 300.0 (2013), GRS 300.0_G (2013), GRS 310.0 (2013), GRS 310.0_G (2013) and GRS 310.1 (2013)
 
Australian Prudential Regulation Authority Act 1998
 
 
 
I, Ian Laughlin, delegate of APRA:
 
(a)           under section 57 of the Australian Prudential Regulation Authority Act 1998 (the Act) and subsection 33(3) of the Acts Interpretation Act 1901, REVOKE the Australian Prudential Regulation Authority (confidentiality) determination No. 10 of 2013, the Australian Prudential Regulation Authority (confidentiality) determination  No. 24 of 2012, the Australian Prudential Regulation Authority (confidentiality) determination No. 11 of 2012, and the Australian Prudential Regulation Authority (confidentiality) determination No. 24 of 2011, and the Australian Prudential Regulation Authority (confidentiality) determination No. 9 of 2011, and the Australian Prudential Regulation Authority (confidentiality) determination No. 22 of 2010, and the Australian Prudential Regulation Authority (confidentiality) determination No. 12 of 2010, and the Australian Prudential Regulation Authority (confidentiality) determination No. 19 of 2009, and the Australian Prudential Regulation Authority (confidentiality) determination No. 12 of 2009, and the Australian Prudential Regulation Authority (confidentiality) determination No. 2 of 2009, and the Australian Prudential Regulation Authority (confidentiality) determination No. 2 of 2007, and the Australian Prudential Regulation Authority (confidentiality) determination No. 4 of 2006; and
 
(b)           under paragraph 57(2)(b) of the Act, DETERMINE that a reporting document or part of a reporting document specified in Part 1, Part 2 and Part 3 of the Schedule does not contain confidential information.
 
This instrument has effect on the date of registration on the FRLI.
 
Note:      The effect of this instrument is that the non-confidential information may be published under subsection 56(5C) of the Act.
 
 
Dated: 9 December 2013
 
[Signed]
 
 
 
Ian Laughlin
Deputy Chairman
                                                           
                               
 
 
 
Interpretation
In this determination
APRA means the Australian Prudential Regulation Authority.
 
FRLI means the Federal Register of Legislative Instruments.
reporting document means a reporting document within the meaning of section 13 of the Financial Sector (Collection of Data) Act 2001.
Schedule
 
Part 1 (Reporting documents covered by this determination)
 
This determination applies to annual information in the reporting forms given to APRA by a general insurer under the following reporting standards, where a period of at least 14 days has elapsed from the date the general insurer was required to provide the information required under the reporting standards in accordance with paragraph 5 of Reporting Standard GRS 001 Reporting Requirements:
 
1.      New reporting standards which came into effect on 1 January 2013
 
a.       Reporting Standard GRS 112.0 Determination of Capital Base
b.      Reporting Standard GRS 300.0 Statement of Financial Position
c.       Reporting Standard GRS 310.0 Income Statement
AND
 
This determination applies to annual information in the reporting forms given to APRA by a general insurer under the following reporting standards:
 
2.      Old reporting standards which ceased to have effect prior to 1 January 2013
 
General Insurance Reporting Standards (2008)
a.       Reporting Standard GRS 140.0 Investments - Direct Interest Rate Holdings and Risk Charge (which came into effect on 23 October 2008)
b.      Reporting Standard GRS 140.1 Investments - Direct Equity Holdings and Risk Charge (which came into effect on 23 October 2008)
c.       Reporting Standard GRS 140.2 Investments - Direct Property Holdings and Risk Charge (which came into effect on 23 October 2008)
d.      Reporting Standard GRS 140.3 Investments - Loans and Advances and Risk Charge (which came into effect on 23 October 2008)
 
General Insurance Reporting Standards (2007)
e.       Reporting Standard GRS 140.0 Investments - Direct Interest Rate Holdings and Risk Charge (which came into effect on 1 January 2007)
f.       Reporting Standard GRS 140.1 Investments - Direct Equity Holdings and Risk Charge (which came into effect on 1 January 2007)
g.      Reporting Standard GRS 140.2 Investments - Direct Property Holdings and Risk Charge (which came into effect on 1 January 2007)
h.      Reporting Standard GRS 140.3 Investments - Loans and Advances and Risk Charge (which came into effect on 1 January 2007)
 
General Insurance Reporting Standards (2005)
i.        Reporting Standard GRS 140.0 Investments - Direct Interest Rate Holdings and Risk Charge (which came into effect on 1 July 2005)
j.        Reporting Standard GRS 140.1 Investments - Direct Equity Holdings and Risk Charge (which came into effect on 1 July 2005)
k.      Reporting Standard GRS 140.2 Investments - Direct Property Holdings and Risk Charge (which came into effect on 1 July 2005)
l.        Reporting Standard GRS 140.3 Investments - Loans and Advances and Risk Charge (which came into effect on 1 July 2005)
 
General Insurance Reporting Standards (2002)
m.    Reporting Standard GRS 140.0 Investments - Direct Interest Rate Holdings and Risk Charge made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have effect on 1 July 2005)
n.      Reporting Standard GRS 140.1 Investments - Direct Equity Holdings and Risk Charge made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have effect on 1 July 2005)
o.      Reporting Standard GRS 140.2 Investments - Direct Property Holdings and Risk Charge made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have effect on 1 July 2005)
p.      Reporting Standard GRS 140.3 Investments - Loans and Advances and Risk Charge made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have effect on 1 July 2005)
 
AND
 
This determination applies to annual information in the reporting forms given to APRA by a parent entity of a Level 2 insurance group under the following reporting standards, where a period of at least 14 days has elapsed from the date the parent entity was required to provide the information required under the reporting standards in accordance with paragraph 7 of Reporting Standard GRS 001 Reporting Requirements:
 
3.      New reporting standards for level 2 insurance groups which came into effect on 1 January 2013
 
a.       Reporting Standard GRS 112.0_G Determination of Capital Base
b.      Reporting Standard GRS 300.0_G Statement of Financial Position
 
AND
 
This determination applies to annual information in the reporting forms given to APRA by a parent entity of a Level 2 insurance group under the following reporting standards:
 
4.      Old reporting standards for level 2 insurance groups which ceased to have effect prior to 1 January 2013
 
General Insurance Reporting Standards (2011)
a.       Reporting Standard GRS 120.0_G Determination of Capital Base (which came into effect on 1 July 2011)
b.      Reporting Standard GRS 300.0_G Statement of Financial Position (which came into effect on 1 July 2011)
 
General Insurance Reporting Standards (2009)
c.       Reporting Standard GRS 120.0_G Determination of Capital Base (which came into effect on 31 August 2009)
d.      Reporting Standard GRS 300.0_G Statement of Financial Position (which came into effect on 31 August 2009)
 
 
 
Schedule
 
Part 2 (Parts of reporting documents covered by this determination)
 
This determination applies to annual information in the following parts of reporting forms given to APRA by a general insurer under the following reporting standards, where a period of at least 14 days has elapsed from the date the general insurer was required to provide the information required under the reporting standards in accordance with paragraph 5 of Reporting Standard GRS 001 Reporting Requirements:
 
1.      New reporting standards which came into effect on 1 January 2013
 
Parts of reporting form covered by this determination
Reporting standards

GRF 110.1: Prescribed Capital Amount
 
(a)    Section 1 Summary of prescribed capital amount:
 
(i)     Insurance Risk Charge
a.       GRF_115.0: OCL Insurance Risk Charge
b.      GRF_115.1: PL Insurance Risk Charge. 
 
(ii)   GRF_116_0: Insurance Concentration Risk Charge.
 
(iii)  GRF_114. 0: Asset Risk Charge.
 
(iv) GRF_117.0: Asset Concentration Risk Charge.
 
(v)   GRF_118.0: Operational Risk Charge.
 
(vi)  Aggregation benefit .
 
(vii)                    Adjustments to prescribed capital amount as approved by APRA – Total amount.        
 
(viii)                  Prescribed capital amount.
 
(b)   Section 2 Capital Adequacy Assessment - All data items.
 
(c)    Section 3 Adjusted net assets in Australia - All data items.
 
Reporting Standard GRS 110.1 Prescribed Capital Amount (which came into effect on 1 January 2013)
 

GRF_114.4: Details of Investment Assets
 
(a)    Section 1: Direct interest rate holdings
-          All data items.
 
(b)   Section 2: Direct equity holdings   
-          All data items.
 
(c)    Section 3: Direct property holdings
-          All data items.
 
(d)   Section 4: Loans and advances
–         All data items.  
 
(e)    Section 5: Holdings in indirect investment vehicles:
Part 1. Total holdings in indirect investment vehicles - All data items.
 
(f)    Section 6: Policyholders' / Shareholders' funds – All data items.  
 
(g)   Section 7: Investments with related parties – All data items.
 
Reporting Standard GRS 114.4 Details of Investment Assets (which came into effect on 1 January 2013)
 

GRF_310_1_L: Premium Revenue and Reinsurance Expense
 
(a)    Section 3: Total - All data items.
Reporting Standard GRS 310.1 Premium Revenue and Reinsurance Expense(which came into effect on 1 January 2013)
 

 
AND
 
This determination applies to annual information in the following parts of reporting forms given to APRA by a parent entity of a Level 2 insurance group under the following reporting standards, where a period of at least 14 days has elapsed from the date the general insurer was required to provide the information required under the reporting standards in accordance with paragraph 7 of Reporting Standard GRS 001 Reporting Requirements:
 
2.      New reporting standards for level 2 insurance groups which came into effect on 1 January 2013
 
Parts of reporting form covered by this determination
Reporting standards

GRF_110.1_G: Prescribed Capital Amount (G)
 
(a)    Section 1 Summary of prescribed capital amount:
 
(i)     Insurance Risk Charge:
a.       GRF_115.0_G: OCL Insurance Risk Charge         
b.      GRF_115.1_G: PL Insurance Risk Charge. 
 
(ii)   GRF_116.0_G: Insurance - Concentration Risk Charge. 
 
(iii)  GRF_114.0_G: Asset Risk Charge.
 
(iv)  GRF_117.0_G: Asset Concentration Risk Charge.
         
(v)   GRF_118_0_G: Operational Risk Charge.
 
(vi) Aggregation benefit.
 
(vii)                    Adjustments to prescribed capital amount as approved by APRA – Total amount.
 
(viii)                  Prescribed capital amount.
 
(b)   Section 2: Capital Adequacy Assessment – All data items.
Reporting Standard GRS 110.1_G Prescribed Capital Amount (which came into effect on 1 January 2013)
 

GRF_310_0_G Income Statement (G) 
 
All data items in the Total business column.
 
 
Reporting Standard GRS 310.0_G Income Statement (which came into effect on 1 January 2013)
 

 
AND
 
This determination applies to annual information in the following parts of reporting forms given to APRA by a general insurer under the following reporting standards:
 
3.      Old reporting standards which ceased to have effect prior to 1 January 2013
 
Parts of reporting form covered by this determination
Reporting standards

(a)    GRF 140.0 Investments: Direct Interest Rate Holdings and Risk Charge – All data items.
 
(b)   GRF 140.1 Investments: Direct Equity Holdings and Risk Charge – All data items.
 
(c)    GRF 140.2 Investments: Direct Property Holdings and Risk Charge – All data items.
 
(d)   GRF 140.3 Investments - Loans and Advances and Risk Charge – All data items.
 
(e)    GRF_140.4_L: Investments - Indirectly Held by Insurer and Risk Charge (L):
 
 
(i)                 Part 1. Total Holdings – Total amount.
 
(ii)               Part 2.  Aggregate holdings in indirect investment vehicles –
 All data items.
 
Reporting Standard GRS 140 (2010) Investments (which came into effect on 23 August 2010)
 

GRF_140.4 Investments - Indirectly Held by Insurer and Risk Charge
 
(a)    Table 1. Total holdings – Total amount.
 
(b)   Table 2.  Aggregate holdings in indirect investment vehicles – All data items.
 
Reporting Standard GRS 140.4 Investments - Indirectly Held by Insurer and Risk Charge (which came into effect on 23 October 2008)
 
AND
 
Reporting Standard GRS 140.4 Investments - Assets Indirectly Held by Insurer and Risk Charge (which came into effect on 1 January 2007)
 
AND
 
Reporting Standard GRS 140.4 Investments - Assets Indirectly Held by Insurer and Risk Charges (which came into effect on 1 July 2005)
 
AND
 
Reporting Standard GRS 140.4 Investments - Assets Indirectly Held by Insurer and Risk Charges made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have effect on 1 July 2005)
 

(a)    GRF_310.0_L: Income Statement:
 
    All data items.
Reporting Standard GRS 310 (2010) Statement of Financial Performance (which came into effect on 30 August 2010)
 

(a)    GRF_310.1_L: Premium Revenue and Reinsurance Expense:  
 
(i)     Section 3 Total - All data items.
Reporting Standard GRS 310 (2010) Statement of Financial Performance (which came into effect on 30 August 2010)
 

 
AND
 
This determination applies to annual information in the following parts of reporting forms given to APRA by a parent entity of a Level 2 insurance group under the following reporting standards:
 
 
4.      Old reporting standards for level 2 insurance groups which ceased to have effect prior to 1 January 2013
 
Parts of reporting form covered by this determination
Reporting standards

GRF_110.0_G Minimum Capital Requirement (G)
 
(a)    GRF_131.0_G: Total off-balance sheet exposure risk charge        
 
(b)   GRF_141.0_G: Listed equity holdings risk charge           
 
(c)    GRF_150.0_G: Asset exposure concentration risk charge
 
(d)   GRF_300.0_G: Statement of financial position - Investment risk charge
 
(e)    GRF_301.0_G: Reinsurance assets and risk charge           
 
(f)    Derivatives activity and risk charge -
All data items
 
(g)   Concentration risk charge -
All data items
 
(h)   GRF_210.0_G: OCL insurance risk charge      
 
(i)     GRF_210.1_G: Premiums liabilities insurance risk charge
 
(j)     Total variation in capital charges as approved by APRA – Total amount
 
(k)   Minimum capital requirement     
 
(l)     GRF_120.0_G: Determination of capital base:        
 
(m)  Capital surplus (deficiency)       
 
(n)   Solvency coverage          
 
(o)   Capital adequacy ratio    
 
Reporting Standard GRS 110.0_G Minimum Capital Requirement (which came into effect on 1 July 2011)
 

GRF_110.0_G Minimum Capital Requirement (G)
 
 
(a)    GRF_131.0_G: Total off-balance sheet exposure risk charge
     
(b)   GRF_141.0_G: Listed equity holdings risk charge
 
(c)    GRF_150.0_G: Asset exposure concentration risk charge 
 
(d)   GRF_300.0_G: Statement of financial position - Investment risk charge
 
(e)    GRF_301.0_G: Reinsurance assets and risk charge
 
(f)    Derivatives activity and risk charge - All data items
 
(g)   Concentration risk charge- All data items
 
(h)   GRF_210.0_G: OCL insurance risk charge       
 
(i)     GRF_210.1_G: Premiums liabilities insurance risk charge
           
(j)     Total variation in capital charges as approved by APRA – Total amount
 
(k)   Minimum capital requirement      
 
(l)     GRF_120.0_G: Determination of capital base          
 
(m)  Capital surplus (deficiency)        
 
(n)   Solvency coverage           
 
(o)   Capital adequacy ratio
Reporting Standard GRS 110.0_G Minimum Capital Requirement (which came into effect on 31 August 2009)
 

GRF_310.0_G Income Statement (G)
 
  All data items in the Total business column.
 
 
Reporting Standard GRS 310.0_G Income Statement (which came into effect on 1 July 2011)
 

GRF_310.0_G Income Statement (G)
 
  All data items in the Total business column.
 
Reporting Standard GRS 310.0_G Income Statement (which came into effect on 31 August 2009)
 

 
 
 
 
Schedule
 
Part 3 (Old reporting documents covered by this determination)
 
This determination applies to annual information in the following reporting forms or parts of reporting forms given to APRA by a general insurer under the following reporting standards:
 
1.      Old reporting standards which ceased to have effect prior to 1 January 2013
 
General Insurance Reporting Standards (2010)
a.       Reporting Standard GRS 110.0 (2010) Minimum Capital Requirement (which came into effect on 24 August 2010)
b.      Reporting Standard GRS 120.0 (2010) Determination of Capital Base (which came into effect on 23 August 2010)
c.       Reporting Standard GRS 300.0 (2010) Statement of Financial Position (which came into effect on 30 August 2010)
d.      Reporting Standard GRS 301.0 (2010) Reinsurance Assets and Risk Charge (which came into effect on 23 August 2010)
 
Reporting standards
Parts of reporting form covered by this determination

e.       Reporting Standard GRS 310 (2010) Statement of Financial Performance (which came into effect on 30 August 2010)
 
GRF_310_3_L: Details of Income and Expenses
 
a)      Section 1. Investment income – All data items
b)      Section 2. Operation income – All data items
c)      Section 3. Operation expenses – All data items
 

f.       Reporting Standard GRS 400 (2010) Supplementary Reporting Information (which came into effect on 24 August 2010)
 
GRF_400.0_L: Statement of Risk by Country
 
      All data items.

 
 
General Insurance Reporting Standards (2008)
g.      Reporting Standard GRS 110.0 (2008) Minimum Capital Requirement (which came into effect on 23 October 2008)
h.      Reporting Standard GRS 120.0 (2008) Determination of Capital Base (which came into effect on 23 October 2008)
i.        Reporting Standard GRS 300.0 (2008) Statement of Financial Position (which came into effect on 31 October 2008)
j.        Reporting Standard GRS 301.0 (2008) Reinsurance Assets and Risk Charge (which came into effect on 31 October 2008)
k.      Reporting Standard GRS 310.0 (2008) Statement of Financial Performance (which came into effect on 7 November 2008)
l.        Reporting Standard GRS 310.3 (2008) Investment and Operating Income and Expense (which came into effect on 1 November 2008)
m.    Reporting Standard GRS 320.0 (2008) Reconciliation of Annual Disclosure (which came into effect on 3 November 2008)
n.      Reporting Standard GRS 400.0 (2008) Statement of Risk by Country (which came into effect on 3 November 2008)
 
General Insurance Reporting Standards (2007)
o.      Reporting Standard GRS 110.0 (2007) Minimum Capital Requirement (which came into effect on 1 January 2007)
p.      Reporting Standard GRS 120.0 (2007) Determination of Capital Base (which came into effect on 1 January 2007)
q.      Reporting Standard GRS 300.0 (2007) Statement of Financial Position (which came into effect on 1 January 2007)
r.        Reporting Standard GRS 310.0 (2007) Statement of Financial Performance (which came into effect on 1 January 2007)
s.       Reporting Standard GRS 310.3 (2007) Investment and Operating Income and Expense (which came into effect on 1 January 2007)
t.        Reporting Standard GRS 320.0 (2007) Reconciliation of Annual Disclosure (which came into effect on 1 January 2007)
u.      Reporting Standard GRS 400.0 (2007) Statement of Risk by Country (which came into effect on 1 January 2007)
 
General Insurance Reporting Standards (2005)
v.      Reporting Standard GRS 110.0 (2005) Minimum Capital Requirement (which came into effect on 1 July 2005)
w.    Reporting Standard GRS 120.0 (2005) Determination of Capital Base (which came into effect on 1 July 2005)
x.      Reporting Standard GRS 300.0 (2005) Statement of Financial Position (which came into effect on 1 July 2005)
y.      Reporting Standard GRS 310.0 (2005) Statement of Financial Performance (which came into effect on 1 July 2005)
z.       Reporting Standard GRS 310.3 (2005) Investment and Operating Income and Expense (which came into effect on 1 July 2005)
aa.   Reporting Standard GRS 320.0 (2005) Reconciliation of Annual Disclosure (which came into effect on 1 July 2005)
bb.  Reporting Standard GRS 400.0 (2005) Statement of Risk by Country (which came into effect on 1 July 2005)
 
General Insurance Reporting Standards (2002)
cc.   Reporting Standard GRS 110.0 Minimum Capital Requirement made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have effect on 1 July 2005)
dd. Reporting Standard GRS 120.0 Determination of Capital Base made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have effect on 1 July 2005)
ee.   Reporting Standard GRS 300.0 Statement of Financial Position made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have effect on 1 July 2005)
ff.    Reporting Standard GRS 310.0 Statement of Financial Performance made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have on 1 July 2005)
gg.  Reporting Standard GRS 310.3 Investment and Operating Income and Expense made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have on 1 July 2005)
hh.  Reporting Standard GRS 320.0 Reconciliation of Annual Disclosure made on 28 June 2002 (which came into  effect on 1 July 2002 and ceased to have on 1 July 2005)
ii.      Reporting Standard GRS 400.0 Statement of Risk by Country made on 28 June 2002 (which came into effect on 1 July 2002 and ceased to have effect on 1 July 2005)