Australian Prudential Regulation Authority (confidentiality) determination No. 10 of 2010 (Cth)
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:
the level 1 reports described in Part 1 of the Schedule, and
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
oUnderwriting years
oAccident years
oCalendar years
oSix month reporting period (facility reports only)
Development year
oALL
o0 – 9
Class of business (COB)
oPI
oPL
State/Jurisdiction
oAll States
§No detailed occupation information is available except on ‘All States’
oNSW
oVIC
oQLD
oSA
oWA
oTAS
oNT
oACT
oUnknown
Product
oALL
oD&O and employment practices liability
oMedical indemnity/Malpractice
oOther professional indemnity
oConstruction liability
oProduct liability
oPublic liability
oOther product and public liability
Industry/Occupation
oALL
§ No detailed state/jurisdiction information is available except on ‘ALL’
o2 digit ANZSIC code; or
o1 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)
oALL
§ No detailed EDA information is available except on ‘ALL’
o0-5m
o5m-10m
o10m+
Excess/deductible (EDA)
oALL
§ No detailed LOI information is available except on ‘ALL’
o0-$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
oYear by Product (filter by: COB, State, Occupation, LOI, EDA)
oProduct by State (filter by: Year, COB, LOI, EDA)
oProduct by LOI (filter by: Year, COB, State, Occupation)
oProduct by EDA (filter by: Year, COB, State, Occupation)
oYear by State (filter by: COB, Product, LOI, EDA)
oLOI by State (filter by: Year, COB, Product)
oEDA by State (filter by: Year, COB, Product)
oYear by LOI (filter by: COB, State, Product, Occupation)
oYear by EDA (filter by: COB, State, Product, Occupation)
oOccupation by Year (filter by: COB, Product, LOI, EDA)
oOccupation by Product (filter by: Year, COB, LOI, EDA)
oOccupation by LOI (filter by: Year, COB, Product, Occupation)
oOccupation by EDA (filter by: Year, COB, Product, Occupation)
Claim reports
oYear by Development year (filter by: COB, State, Product, Occupation, LOI, EDA)
oYear by Product (filter by: COB, State, Occupation, LOI, EDA)
oProduct by State (filter by: Year, COB, LOI, EDA)
oProduct by LOI (filter by: Year, COB, State, Occupation)
oProduct by EDA (filter by: Year, COB, State, Occupation)
oYear by State (filter by: COB, Product, LOI, EDA)
oLOI by State (filter by: Year, COB, Product)
oEDA by State (filter by: Year, COB, Product)
oYear by LOI (filter by: COB, State, Product, Occupation)
oYear by EDA (filter by: COB, State, Product, Occupation)
oOccupation by Year (filter by: COB, Product, LOI, EDA)
oOccupation by Product (filter by: Year, COB, LOI, EDA)
oOccupation by LOI (filter by: Year, COB, Product, Occupation)
oOccupation by EDA (filter by: Year, COB, Product, Occupation)
Facility reports
oReporting period (filter by: Occupation)
oOccupation (filter by: Reporting period)
Facility in run-off reports
oReporting period (filter by: Occupation)
oOccupation (filter by: Reporting period)
0
0
0