| LRF_118_0: Operational Risk Charge | ||
| Effective date: 1 January 2013 | ||
| 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 | ||
