PET - Plain English Taxonomy

LRF_118_0: Operational Risk Charge
Australian Business Number Institution Name
  Life companies, including friendly societies
Reporting Period Scale Factor  
Quarterly / Annual Thousands
Reporting Consolidation
Statutory fund / general fund
Section 1: Operational risk charge calculation
Specialist reinsurer? (Y/N)
1. Operational risk charge for risk business
1.1. Premium income (12 months ending on reporting date)
1.2. Premium income (12 months ending on date 12 months prior to reporting date)
1.3. Adjusted policy liabilities (net of reinsurance)
2. Operational risk charge for investment-linked business
2.1. Premium income (12 months ending on reporting date)
2.2. Adjusted policy liabilities (net of reinsurance)
2.3. Adjusted policy liabilities (gross of reinsurance)
2.4. Gross claim payments to meet policy owner liabilities (12 months ending on reporting date)
3. Operational risk charge for other business
3.1. Premium income (12 months ending on reporting date)
3.2. Adjusted policy liabilities (net of reinsurance)
3.3. Adjusted policy liabilities (gross of reinsurance)
3.4. Gross claim payments to meet policy owner liabilities (12 months ending on reporting date)
4. Adjustments to operational risk charge as approved by APRA
Description Transitional? Amount
(1) (2) (3)
  Yes
  No
5. Operational risk charge