Australian Prudential Regulation Authority (confidentiality) determination
No.10 of 2010
Information provided by general insurers and Lloyd’s underwriters for the purposes of the National Claims and Policies Database
Australian Prudential Regulation Authority Act 1998
Under section 57 of the of the Australian Prudential Regulation Authority Act 1998 I, Keith Chapman, a delegate of APRA, DETERMINE that:
(i)                  the level 1 reports described in Part 1 of the Schedule, and
(ii)                the level 2 reports described in Part 2 of the Schedule,
do not contain confidential information.
 
This determination has effect from 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: 13 May 2010
 
 
[Signed]
 
Keith Chapman
Executive General Manager
 
 
 
In this determination:
 
APRA means the Australian Prudential Regulation Authority.
general insurer has the meaning given in section 11 of the Insurance Act 1973
Lloyd’s underwriters has the meaning given in section 3 of the Insurance Act 1973
reporting document means a reporting document within the meaning of section 13 of the Financial Sector (Collection of Data Act) 2001
Schedule
 
 
Part 1 – description of the level 1 reports covered by this determination
 
The level 1 reports comprise all data items from reporting documents given to APRA, on or before the date of this determination, by general insurers and Lloyd’s Underwriters under the following reporting standards made under the Financial Sector (Collection of Data Act) 2001:
General Insurers
§         Reporting Standard GRS 800.1 Policy Data: Public and Product Liability and Professional Indemnity Insurance
§         Reporting Standard GRS 800.2 Claims Data: Public and Product Liability and Professional Indemnity Insurance
§         Reporting Standard GRS 800.3 Facility Business Data: Public and Product Liability and Professional Indemnity Insurance
Lloyd’s Underwriters
§         Reporting Standard LOLRS 800.1 Policy Data: Public and Product Liability and Professional Indemnity Insurance
§         Reporting Standard LOLRS 800.2 Claims Data: Public and Product Liability and Professional Indemnity Insurance
§         Reporting Standard LOLRS 800.3 Facility Business Data: Public and Product Liability and Professional Indemnity Insurance
 
The data items included in the data reports described below are the data items that comprise the level 1 reports:
Policy data reports- All States
Claims Data Reports- National
Claims Data Reports- NSW
Claims Data Reports- Victoria
Claims Data Reports- Queensland
Claims Data Reports- Western Australia
Claims Data Reports- South Australia
Claims Data Reports- Tasmania
Claims Data Reports- Northern Territory
Claims Data Reports- ACT
 
Part 2 – description of the level 2 reports covered by this determination
The level 2 reports comprise all data items from reporting documents given to APRA, on or before the date of this determination, by general insurers under the following reporting standards made under the Financial Sector (Collection of Data Act) 2001:
§         Reporting Standard GRS 800.1 Policy Data: Public and Product Liability and Professional Indemnity Insurance
§         Reporting Standard GRS 800.2 Claims Data: Public and Product Liability and Professional Indemnity Insurance
§         Reporting Standard GRS 800.3 Facility Business Data: Public and Product Liability and Professional Indemnity Insurance
The data items are the data items that comprise the level 2 reports:
Data measures
Gross written premium, gross earned premium, number of risks written and average earned premium.
Number of claims reported, number of claims finalised, gross claim payments and gross claims incurred, each of which is available on an underwriting year, accident year and calendar year basis.
Premiums received, claims paid, and number of policies, number of claims and number of facilities.
Data dimensions
·                    Year
·                    Development year
·                    Class of business
·                    State/Jurisdiction
·                    Product
·                    Industry/Occupation
·                    Limit of indemnity
·                    Excess/deductible
 
Report restrictions
There are restrictions on the intersection of some of these dimensions; information on both state/jurisdiction and occupation is not available, nor is information on both the limit of indemnity and the excess/deductible.
Dimension categories available in level 2 reports
·                    Year
o             Underwriting years
o             Accident years
o             Calendar years
o             Six month reporting period (facility reports only)
·                    Development year
o             ALL
o             0 – 9
·                    Class of business (COB)
o             PI
o             PL
·                    State/Jurisdiction
o             All States
§               No detailed occupation information is available except on ‘All States’
o             NSW
o             VIC
o             QLD
o             SA
o             WA
o             TAS
o             NT
o             ACT
o             Unknown
·                    Product
o             ALL
o             D&O and employment practices liability
o             Medical indemnity/Malpractice
o             Other professional indemnity
o             Construction liability
o             Product liability
o             Public liability
o             Other product and public liability
·                    Industry/Occupation
o                         ALL
§               No detailed state/jurisdiction information is available except on ‘ALL’
o             2 digit ANZSIC code; or
o             1 character occupation code
§               A  - Financial occupations
§               B  - General Consultants
§               C  - Medical & Paramedical occupations
§               D  - Legal & Para Legal occupations
§               E  - Real Estate occupations
§               F  - Agricultural, Horticultural occupations
§               G  - Schools, Colleges occupations
§               H  - Insurance occupations
§               I  - Local Government occupations
§               J  - Miscellaneous occupations
§               K  - Architects
§               L  - Engineering occupations
§               M  - Surveying occupations
§               N  - Defamation
·                    Limit of indemnity (LOI)
o             ALL
§               No detailed EDA information is available except on ‘ALL’
o             0-5m
o                         5m-10m
o             10m+
·                    Excess/deductible (EDA)
o             ALL
§               No detailed LOI information is available except on ‘ALL’
o             0-$499
o             $500-$999
o             $1,000+
List of reports
The data is provided as a set of reports with various row and column combinations. The remaining dimensions, subject to the restrictions identified above, are available to further filter the data.
·                    Policy reports
o             Year by Product (filter by: COB, State, Occupation, LOI, EDA)
o             Product by State (filter by: Year, COB, LOI, EDA)
o             Product by LOI (filter by: Year, COB, State, Occupation)
o             Product by EDA (filter by: Year, COB, State, Occupation)
o             Year by State (filter by: COB, Product, LOI, EDA)
o             LOI by State (filter by: Year, COB, Product)
o             EDA by State (filter by: Year, COB, Product)
o             Year by LOI (filter by: COB, State, Product, Occupation)
o             Year by EDA (filter by: COB, State, Product, Occupation)
o             Occupation by Year (filter by: COB, Product, LOI, EDA)
o             Occupation by Product (filter by: Year, COB, LOI, EDA)
o             Occupation by LOI (filter by: Year, COB, Product, Occupation)
o             Occupation by EDA (filter by: Year, COB, Product, Occupation)
·                    Claim reports
o             Year by Development year (filter by: COB, State, Product, Occupation, LOI, EDA)
o             Year by Product (filter by: COB, State, Occupation, LOI, EDA)
o             Product by State (filter by: Year, COB, LOI, EDA)
o             Product by LOI (filter by: Year, COB, State, Occupation)
o             Product by EDA (filter by: Year, COB, State, Occupation)
o             Year by State (filter by: COB, Product, LOI, EDA)
o             LOI by State (filter by: Year, COB, Product)
o             EDA by State (filter by: Year, COB, Product)
o             Year by LOI (filter by: COB, State, Product, Occupation)
o             Year by EDA (filter by: COB, State, Product, Occupation)
o             Occupation by Year (filter by: COB, Product, LOI, EDA)
o             Occupation by Product (filter by: Year, COB, LOI, EDA)
o             Occupation by LOI (filter by: Year, COB, Product, Occupation)
o             Occupation by EDA (filter by: Year, COB, Product, Occupation)
·                    Facility reports
o             Reporting period (filter by: Occupation)
o             Occupation (filter by: Reporting period)
·                    Facility in run-off reports
o             Reporting period (filter by: Occupation)
o             Occupation (filter by: Reporting period)