Australian Prudential Regulation Authority (confidentiality) determination No. 11 of 2012

Link to law: https://www.comlaw.gov.au/Details/F2012L01175

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Australian Prudential Regulation Authority (confidentiality) determination No.11 of 2012
 
Information provided by general insurers under Reporting Standard GRS 110.0 (2008), GRS 120.0 (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 (2010), GRS 120.0 (2010), GRS 300.0 (2010), GRS 301.0 (2010), GRS 310 (2010) and GRS 400 (2010)
 
Australian Prudential Regulation Authority Act 1998
 
 
I, Juanita Hoare, a delegate of APRA, under section 57 of the Australian Prudential Regulation Authority Act 1998, DETERMINE that a reporting document described in Part 1
of the Schedule does not contain confidential information, except for the items of information specified in Part 2 of the Schedule.
 
This determination has effect on the date of registration on the Federal Register of Legislative Instruments under the Legislative Instruments Act 2003.
 
Note:        The effect of this determination is that the non-confidential information may be published under subsection 56(5C) of the Australian Prudential Regulation Authority Act.
 
Dated: 5 June 2012
 
 
 
 
[Signed]
 
Juanita Hoare
Senior Manager, Analysis and Publication
Policy, Research and Statistics
 
 
 
Interpretation                                                                              Document ID: 203205
In this determination
APRA means the Australian Prudential Regulation Authority.
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 covers reporting documents, given to APRA before the date of this determination by a general insurer in respect of a financial year ending on or between 1 January 2010 and 31 December 2011 inclusive, under the Reporting Standards listed below:
 
Reporting Standards
FRLI reference

Reporting Standard GRS 110.0 (2008) Minimum Capital Requirement (which came into effect on 23 October 2008)
Made by Financial Sector (Collection of Data) determination No. 60 of 2008
 
Legislative Instrument - F2008L03911

Reporting Standard GRS 120.0 (2008) Determination of Capital Base (which came into effect on 23 October 2008)
Made by Financial Sector (Collection of Data) determination No. 61 of 2008
 
Legislative Instrument - F2008L03912

Reporting Standard GRS 300.0 (2008) Statement of Financial Position (which came into effect on 31 October 2008)
Made by Financial Sector (Collection of Data) determination No. 77 of 2008
 
Legislative Instrument - F2008L03946

Reporting Standard GRS 301.0 (2008) Reinsurance Assets and Risk Charge (which came into effect on 31 October 2008)
Made by Financial Sector (Collection of Data) determination No. 78 of 2008
 
Legislative Instrument - F2008L03947

Reporting Standard GRS 310.0 (2008) Statement of Financial Performance (which came into effect on 7 November 2008)
Made by Financial Sector (Collection of Data) determination No. 79 of 2008
 
Legislative Instrument - F2008L03948

Reporting Standard GRS 310.3 (2008) Investment and Operating Income and Expense (which came into effect on 1 November 2008)
Made by Financial Sector (Collection of Data) determination No. 82 of 2008
 
Legislative Instrument - F2008L03954

Reporting Standard GRS 320.0 (2008) Reconciliation of Annual Disclosure (which came into effect on 3 November 2008)
Made by Financial Sector (Collection of Data) determination No. 83 of 2008
 
Legislative Instrument - F2008L03956

Reporting Standard GRS 400.0 (2008) Statement of Risk by Country (which came into effect on 3 November 2008)
Made by Financial Sector (Collection of Data) determination No. 84 of 2008
 
Legislative Instrument - F2008L03959

Reporting Standard GRS 110.0 (2010) Minimum Capital Requirement (which came into effect on 24 August 2010)
Made by Financial Sector (Collection of Data) determination No. 2 of 2010
 
Legislative Instrument - F2010L02322

Reporting Standard GRS 120.0 (2010) Determination of Capital Base (which came into effect on 23 August 2010)
Made by Financial Sector (Collection of Data) determination No. 3 of 2010
 
 
Legislative Instrument - F2010L02323

Reporting Standard GRS 300.0 (2010) Statement of Financial Position (which came into effect on 30 August 2010)
Made by Financial Sector (Collection of Data) determination No. 8 of 2010
 
Legislative Instrument - F2010L02328

Reporting Standard GRS 301.0 (2010) Reinsurance Assets and Risk Charge (which came into effect on 23 August 2010)
Made by Financial Sector (Collection of Data) determination No. 9 of 2010
 
Legislative Instrument - F2010L02330

Reporting Standard GRS 310 (2010) Revenue, Expenses and Statement of Financial Performance (which came into effect on 30 August 2010), except for items listed in Appendix B.
Made by Financial Sector (Collection of Data) determination No. 10 of 2010
 
Legislative Instrument - F2010L02331

Reporting Standard GRS 400 (2010) Supplementary Reporting Information (which came into effect on 24 August 2010)
Made by Financial Sector (Collection of Data) determination No. 11 of 2010
 
Legislative Instrument - F2010L02332

 
 
 
Schedule
 
Part 2 (items of information from reporting documents that
are to remain confidential)
 
 
The following items given to APRA before the date of this determination by a general insurer under GRS 310 (2010) Statement of Financial Performance, in respect of a financial year ending on or between 1 January 2010 and 31 December 2011 inclusive are excluded for this determination:
 
•      The following items collected in Form GRF 310.0 Statement of Financial
 Performance (Form GRF 310.0):
-      Net claims expense which is: Current period net claims expense
-      Net claims expense which is: Non-recurring items that are part of total net claims   expense
 
 
 
•      All items collected in Form GRF 310.1 Premium Revenue and Reinsurance Expense (Form GRF 310.1).
 
 
 
•      All items collected in Form GRF 310.2 Claims Expense and Reinsurance Recoveries (Form GRF 310.2).
 
 
 
 
 
 
•      The following items collected in Form GRF 310.3 Investment and Operating Income and Expense, Underwriting expenses and acquisition costs (Form GRF 310.3):
-      Part 4: Underwriting expenses and Acquisition costs by class of business level.
 
The following items given to APRA before the date of this determination by a general insurer under GRS 400 (2010) Statement of Financial Performance, in respect of a financial year ending on or between 1 January 2010 and 31 December 2011 inclusive are excluded for this determination:
 
•      All items collected in Form GRF 410.0 Movement in Outstanding Claims Provision  (Form GRF 410.0)
 
•      All items collected in Form GRF 420.0 Premium Revenue by State and Territory of Australia (Form GRF 420.0)
 
•      All items collected in Form GRF 430.0 Claims Expense by State and Territory of Australia (Form GRF 430.0)
 
•      All items collected in Form GRF 440.0 Claims Development Table (Form GRF 440.0)
 
•      All items collected in Form GRF 450.0 Interest in Controlled Entities, Associates and Joint Ventures (Form GRF 450.0)