Financial Sector (Collection of Data) determination No. 32 of 2005 (Cth)
Financial Sector (Collection of Data) determination No. 32 of 2005
Reporting Standard GRS 800.3 (2005)
Financial Sector (Collection of Data) Act 2001
I, Charles Watts Littrell, a delegate of APRA, under paragraph 13(1)(a) of the Financial Sector (Collection of Data) Act 2001 (‘the Act’) MAKE the reporting standard set out in the Schedule, which applies to general insurers within the meaning of the Insurance Act 1973.
Under section 15 of the Act, I DECLARE that the reporting standard shall begin to apply to general insurers on the later of 1 July 2005 and the date of registration on the Federal Register of Legislative Instruments.
Dated 21 June 2005
[signed]
……………………............
Charles Littrell
Executive General Manager
Policy, Research and Statistics Division
APRA
Interpretation
In this Notice
APRA means the Australian Prudential Regulation Authority.
Schedule
Reporting Standard GRS 800.3 (2005)
Facility Business Data: Public and Product Liability and Professional Indemnity Insurance
Objective of this reporting standard
This reporting standard is made under section 13 of the Financial Sector (Collection of Data) Act 2001 (the Collection of Data Act). It requires general insurers (insurers) to provide APRA with information in respect of facility business relating to public liability, product liability and professional indemnity insurance in force during a reporting period.
Reporting requirements
If, at any time during a reporting period covered by paragraph 2, an insurer is on risk in respect of reportable facility business, the insurer must report on the business, in accordance with the Data Specifications, by the time in paragraph 3.
Note: reportable facility business is defined in paragraph 15.
For the purposes of the paragraph 1, the reporting periods are the six month period beginning on 1 January 2005 and ending on 30 June 2005 and each successive 6 month period (ending on a 31 December or 30 June) after that.
A report required by paragraph 1 must be provided:
(a) if the reporting period ends on 30 June – by no later than the 31 August next following the end of the reporting period;
(b) if the reporting period ends on 31 December – by no later than the last day of the month of February next following the end of the reporting period
or such later time as APRA may determine in writing. APRA may determine a later time in writing in relation to all insurers, or a class of insurers, or one or more insurers named in the determination.
Variation of reporting periods
APRA may, by notice in writing, change the reporting periods for a particular insurer so that it is required to provide reports under this reporting standard in respect of reporting periods based upon the insurer’s own accounting financial year.
APRA may, by notice in writing, change the reporting periods for a particular insurer to require it to provide reports under this reporting standard:
(a) more frequently (APRA may require this when, having regard to the particular circumstances of the insurer, APRA considers it necessary or desirable to obtain information more frequently for the purposes of the prudential supervision of the insurer); or
(b) less frequently (APRA may do so when, having regard to the particular circumstances of the insurer and the extent to which it requires prudential supervision, and other relevant considerations, it is unnecessary to require it to provide the information on a 6 monthly basis).
If APRA changes a reporting period under paragraph 4 or 5, a report required under this reporting standard in respect of the changed period must be provided no later than the last day of the second month after the end of the changed period or such later time as APRA may determine in writing.
Method of submission
Reports required by this reporting standard must be rendered in comma separated values (CSV) format in accordance with the Data Specifications, and must be provided either:
(a) electronically through the web site by logging on using the relevant customer identification number and password provided by Fujitsu Australia (as agent of APRA), and following the instructions on that web site; or
(b) on CD-ROM, which must be sent by post to Fujitsu Australia (as agent of APRA), Level 16, 15 Blue Street, North Sydney, NSW, 2060.
Despite paragraph 7, APRA may, in writing, make either or both of the following determinations:
(a) a determination that reports required by this reporting standard must be provided in accordance with alternative information technology requirements specified by APRA in the determination; and
(b) a determination that reports required by this reporting standard must be provided to APRA or an agent of APRA at an alternative address in accordance with requirements specified in the determination.
Authorisation
Reports provided by an insurer in accordance with this reporting standard must be the product of processes and controls developed by the insurer for the internal review and authorisation of the information contained in the reports. It is the responsibility of the board and senior management of the insurer to ensure that an appropriate set of policies and procedures for the authorisation of data provided to APRA is in place.
Fujitsu Australia (as agent of APRA) will provide each insurer with a customer identification number. If an insurer proposes to submit reports required by this reporting standard using the method in paragraph 7(a) (i.e. via the website), the insurer must apply for a password by viewing the web page referred to in paragraph 7(a), quoting the insurer’s customer identification number and following the instructions for applying for a password on that page. Fujitsu Australia will advise the insurer’s Chief Financial Officer of the password for the insurer. When a report is provided using the method in paragraph 7(a), the insurer will be required to quote its customer identification number and password. Upon successful validation of the customer identification and password a secure session between the insurer and Fujitsu Australia will be created and the report will be encrypted before transmission.
If a report required by this reporting standard is provided using the method in paragraph 7(b) (i.e. in diskette form), it must be provided under cover of a letter signed by either:
(a) the Principal Executive Officer of the insurer; or
(b) the Chief Financial Officer of the insurer.
Despite paragraphs 10 and 11, where APRA has made a determination under subparagraph 8(a) or (b) specifying an alternate method of submission, APRA may also determine in writing that:
(a) a specified person (who need not be the Principal Executive Officer or Chief Financial Officer of the insurer);
(b) a person holding a specified position (which need not be the position of Principal Executive Officer or Chief Financial Officer of the insurer); or
(c) a person authorised by the insurer to use the insurer’s customer identification number and password,
may, or must, authorise (in a manner specified) information provided by the insurer under this reporting standard.
Minor alterations to forms and instructions
APRA may:
(a) make minor variations to the Data Specifications (either generally, or in relation to a class of insurers, or in relation to a particular insurer) to correct technical, programming or logical errors, inconsistencies or anomalies;
(b) vary, omit or substitute (either generally, or in relation to a class of insurers, or in relation to a particular insurer) an occupation code or description in Appendix A to the Data Specifications, if APRA forms the view that the existing code or description is inappropriate having regard to the circumstances or business of each relevant insurer and any other relevant considerations; or
(c) vary, omit or substitute (either generally, or in relation to a class of insurers, or in relation to a particular insurer) a specification in a Table in the Data Specifications, if APRA forms the view that the specification is inappropriate having regard to the circumstances or business of each relevant insurer and any other relevant considerations.
If APRA makes such a variation it must notify affected insurers in writing.
Interpretation
In this reporting standard:
agent of APRA means a person appointed under s 47 of the Australian Prudential Regulation Authority Act 1998 to receive data on behalf of APRA.
APRA means the Australian Prudential Regulation Authority established under the Australian Prudential Regulation Authority Act 1998.
Chief Financial Officer means the person having the function of chief financial officer of the insurer, by whatever name called, and whether or not he or she is a member of the governing board of the entity, and if there is no such person means a person who performs similar functions to those commonly performed by a chief financial officer.
Data Specifications means the Data Specifications in the Schedule.
facility business means business that is closed by bordereau and for which the insurer does not receive individual policy or claims data from the facility manager, and includes business undertaken through an underwriting pool or joint venture arrangement.
Fujitsu Australia means Fujitsu Australia Limited ABN 19 001 011 427.
general insurer has the same meaning as in the Insurance Act 1973.
insurer means general insurer.
Principal Executive Officer means the principal executive officer of the insurer for the time being, by whatever name called, and whether or not he or she is a member of the governing board of the entity.
product liability insurance includes policies that provide for compensation for loss and or injury caused by, or as a result of, the use of goods.
professional indemnity insurance includes:
(a) insurance that provides cover for a professional for actions taken against that professional in tort, contract or under statute law in respect of advice or services provided as part of their professional practice, including cover in respect of damages and legal expenses;
(b) directors’ and officers’ liability insurance and legal expense insurance; and
(c) medical indemnity insurance.
public liability insurance includes:
(a) insurance covering legal liability to the public in respect of bodily injury or property damage arising out of the operation of the insured’s business; and
(b) insurance in respect of environmental clean-up costs resulting from pollution where not covered by Fire and Industrial Special Risk policies.
reportable facility business means facility business underwritten by an insurer on or after 1 January 2003 under which the risk, or a risk, assumed by the insurer relates to product liability, professional indemnity or public liability insurance, not being a risk that relates to:
(a) reinsurance or retrocession cover;
(b) marine insurance; or
(c) domestic householder’s or owner’s insurance, or tenant’s liability insurance, sold in conjunction with a building or contents policy; or
(d) an event that could neither occur in Australia nor in relation to an insured resident of Australia.
For the purposes of paragraphs 3 and 6, where a report must be provided no later than a particular date, an insurer is required to ensure that the report is received by the person to whom it must be provided (whether APRA or an agent of APRA) no later than that date.
Schedule
Data specifications for facility business for public and product liability and professional indemnity insurance
Overview
These specifications have been prepared for the purpose of defining the facility business information required to be submitted by general insurers in respect of public and product liability and professional indemnity insurance. This information will contribute to a National Claims and Policy Database (NCPD) in respect of these classes of insurance. The intention is to create a database that holds information in respect of claims and policies for public and product liability and professional indemnity on a national basis. State and Territory Government insurers will also contribute to the NCPD where possible.[1]
[1] State and Territory insurers are not required to comply with Reporting Standard GRS 800.3, however will provide information in accordance with this data specification where possible.
Details of requirements in relation to reporting periods, method of submission and authorisation are set out in the reporting standard. The data submitted by each general insurer will be validated by APRA each reporting period. The data validation to be performed is outlined in Appendix B.
Record Layouts and Field Specifications
Facility Business Data Specifications
Facility Data Data Item Facility Business Field type 1* Insurer Code M 6a 2* Month of end of Reporting periods M 8n 3* Facility Identifier M 30a/n 4 Industry/Occupation Code M 6a or 4n 5* Class of Business M 2a 6* Runoff Indicator M 1a 7 Insurer’s Percentage of Facility M 6n 8 Number of Policies O 6n 9 Premium Received for Reporting periods M 12n 10 Number of Claims O 6n 11 Gross Payments Made for Reporting periods M 12n Date – preference for date is DDMMYYYY, no delimiter
* Fields so indicated, as a combination, must be unique for each reporting period.
Facility Business Record Data Field Definitions
1. Insurer Code
A unique code assigned by APRA to each contributor
2. Month of end of Reporting periods
The data for each submission will relate to a six month period. Enter as DDMMYYYY the last day of the period being reported, e.g. insert 30062004 for data relating to the six months ending 30 June 2004.
3. Facility Identifier
A unique identifier for each facility where the insurer has received in excess of $100,000 in premium or made gross payments in excess of $100,000, for each respective six month period. Facilities where the insurer has received less than $100,000 in premium or made gross payments of less than $100,000 in the six month period are to be included as one record with the identifier “Other”. If a facility was previously reported separately, but now falls below the $100,000 threshold, it can now be reported as part of the “Other” data.
4. Industry/Occupation Code
For Public and Products Liability, use the principal classification of the business from the latest edition of Catalogue Number 1292.0 Australian and New Zealand Standard Industrial Classification (ANZSIC), published by the Australian Bureau of Statistics and available on their web site. Provide data at the 4-digit ANZSIC code level. Any reports or publications will be aggregated to the 2 digit level ANZSIC.
Residential strata owners’ liability is collected under ANZSIC classification 7711 - Residential Property Operators, whereas for Commercial Property Operators it is either 7712 or the occupation code that is most closely aligned with the tenancy of the strata.
For Professional Risks, use the codes provided in Attachment B.
Occupation code “OMULTI” and code “0000” (for ANZIIC codes) should only be used for Facility Business data where a facility covers multiple industry or occupation codes, no single code can be regarded as the principal industry or occupation code and hence it is not possible or appropriate to use one of the more specific codes.
5. Class of Business
PL = Public & Product
PI = Professional Risk
6. Runoff Indicator
Y = Yes
N = No
7. Insurer’s Percentage of Facility
Your proportion of the facility, to 2 decimal places (e.g. 66.66 for 66.66%).
Blank on “Other” facilities records.
8. Number of Policies
The total numbers of policies covered by this facility, if available or else provide a “blank”.
9. Premium Received for Reporting periods
(Your share of) the gross premium from this facility during the half year. Exclude all statutory charges (FSL, GST & SD) but include others costs (commissions).
10. Number of Claims
The total numbers of claims covered by this facility for which payments have been reported in item 9 below, if available or else provide a “blank”.
11. Gross Payments Made in Reporting periods
(Your share of) of payments made for this facility since the last reporting period, net of GST in whole dollars, no decimal point. Includes payments made to claimant and to third-party service providers (medical, legal, investigation) that are attributed to the claim.
Appendix A: APRA Occupation Codes for Professional Indemnity
CODE Occupation Description A Financial Miscellaneous occupations AABANK Bank AACCNT Accountancy – Other AACINS Accountancy - Insolv & Aquis AACMAN Accountancy - Management Service AACTAX Accountancy - Taxation AACTUA Actuarial AAUDIT Accountancy - Audit ABLDSO Building Society ABOOKP Bookkeeping ABSCON IT Business Systems ABUSBR Business Brokers ACHCON Hardware Engineering/Sec/Sales ACLHOU Clearing House ACMBRK Commodity & Futures Broking AFBDEA Futures Broker/Dealer ACMCON Computer Consultants ACOMAU Computer Systems Auditor ACOMPR Computer Programmer ACOMSB Computer Service Bureau ACRMAN Credit Management Services ACRUNI Credit Union ACTCON IT Education & training ACUSTO Custodian ACWCON Web Design ADBTCL Debt Collection & Mercantile Agents AFINCO Financial Counsellors AFNADV Finance Adviser AFNBRK Finance Broking AFNMGR Financial Risk Management AFPCON Financial Planning Consultancy AFRANC Franchisor AFRIEN Friendly Society AFUNDM Fund Manager AINCON Investment Consultancy AINDEA Licenced Security Dealer AINSUR Insurance Company AMANIN Managed Investment Scheme AMERBA Merchant Bank AMORBR Mortgage Broker AMORMA Mortgage Manager AMOROR Mortgage Originator APFCON Financial Planners ASTBRK Stock & Share Broking ASUPAD Superannuation fund administrator ASUPTR Superannuation Trustee ATAXAG Taxation Agency ATSTCO Trustee & Executor Company ATSTSU Trustee Services B General Consultants - Miscellaneous occupations BAGCON Air Cargo Consultancy BARCON Air Pollution Consultancy BAVCON Aviation Consultancy BCMCON Communication (PR) Consultancy BCNCON Corrosion Consultancy BCONCO Convention Coordinator BCRIMI Criminologist BECONO Economist BENCON Environment & Pollution Consultancy BEVMAN Event Managers & Co-Ordinators BFOCON Forestry Services & Consultancy BFOODC Food Consultant BHRCON Human Resource Consulting BIRCON Industrial Relations Consultant BLTCON Telecommunication Consultants BMANAG Management Consultancy BMELON Meteorological Consultancy BMGCON Migration Consultancy BMHCON Materials Handling Consultancy BMNCON Marine Consultancy BMOCON Marketing Consultancy BMRCON Market Research Consultancy BMTCON Materials Testing Consultancy BNTCON Natural Resource Consultancy BOCCON Oceanographic Consultancy BODCON Odour pollution Consultancy BPCCON Pest Control Consultancy BPNCON Personnel Consultancy BPRCON Public Relations Consultancy BQUALC Quality Assurance Consultant BRSCON Research Industry & Scientific BSECON Security Consultancy BSOCIO Sociologist BSOCON Solar Energy Consultancy BTACON Travel Agency &/or Consultancy BTCCON Technical Consultancy BTESTS Inspection & Testing Services BTLCON Telecommunication Consultants BTOCON Tourism Consultancy BTOOPP Tour Operator BTPCON Transportation Consultancy BTRANS Translator / Interpreter BTTCON Textile Consultancy BWCCON Water Conservation Consultancy BWNCON Wine Industry Consultancy BWPCON Water Pollution Consultancy C Medical & Paramedical Miscellaneous occupations CACUPT Acupuncturists CALCON Allergy and asthma consultant CALTHE Alternative health services CANAGE Anaesthetics - general CANAIC Anaesthetics-intensive care CAUDIO Audiologist CAUDIM Audiometrist CCARDI Cardiology CCARTH Cardio-thoracic surgery CCHILD Child Care Centre CCHIRP Chiropodists CCHIRO Chiropractics CCLCGN Clinical genetics CCLCHA Clinical haematology CCLCIM Clinical immunology CCLCPH Clinical pharmacology CCOLSU Colorectal surgery CCOSSU Cosmetic surgery CDENTI Dentistry - oral surgery CDENTO Dentistry -other CDERMI Dermatology CRADOL Diagnostic radiology CRADOG Diagnostic radiology - Practitioner CDIETI Dietician CDGALC Drug and alcohol counselling CENTHR Ear, nose and throat (ENT) CEMERG Emergency medicine CENDOC Endocrinology CENDOS Endoscopy CFAMSU Facio-Maxillary surgery CGASTR Gastroenterology CGENME General and internal medicine CGENPN General practice - no procedure CGENPY General Practice - procedural CGENSU General Surgery CGERIA Geriatrics CGYNAE Gynaecology only CHOSTL Hostel CHYGCO Hygiene consultant CINFDS Infectious diseases CINTCR Intensive care CMEDON Medical oncology CMIDWI Midwifery CNATUR Naturopaths CNEONA Neonatology CNEURO Neurology CNEUSU Neurosurgery CNUCLR Nuclear Medicine CNURSS Nursing -general CNURSE Nursing—nurse practitioner CNUTRI Nutrition COBSGY Obstetrics & Gynaecology COBSTO Obstetrics only COCTHE Occupational medicine COHSCO OHS Practitioner COPTHA Ophthalmology COPTOM Optometrist CORALM Oral surgery—medical CORTSU Orthopaedic surgery COSTEO Osteopathy COTHER Other hospital-based medical practitioner CPAEDM Paediatric medicine CPAEDS Paediatric surgery CAMBOF Paramedical and ambulance staff CPATHO Pathology CPCHEM Pharmacy CPHOSP Hospital CPHYSI Physiotherapy CPLAST Plastic surgery CPNHOM Nursing Home CPODTS Podiatry CPSYCH Psychiatry CPSYCO Psychology CPHPRM Public health/preventive medicine CREHSV Rehabilitation medicine CRENAL Renal medicine CRESPC Respite Care Services CRESPM Respiratory medicine CRETIR Retirement Village CRHEUM Rheumatology CSONOG Sonographer CSPEEC Speech Pathologists CSPTHE Speech therapist CSPINE Spinal surgery CSPORT Sports medicine CTHMAS Therapeutic Masseur CRADTH Therapeutic radiology CTHORA Thoracic medicine CUROLO Urology CVASCU Vascular surgery D Legal & Para Legal - Miscellaneous occupations DBARIS Barristers DCONSV Conveyancing Services DJPEAC Justice of the Peace DLGLCS Legal Costing Services DLNDBR Land Broking DMARCE Marriage Celebrant DPATNT Patent Attorneys DPRSER Process Servers DPTTMA Patent & Trade Mark Attorney DSHARR Share Registry DSOLIC Solicitors DTITLE Title Searching DTMCON Trademark Development &/or Investment E Real Estate Miscellaneous occupations EANVAL Valuer - fine art EAUCTN Auctioneering EBDCOR Body Corporate Management Services EHOTBR Hotel & Motel Broking ELECON Electrical Contracting EMTCON Motel Management Consultancy EPTCON Property Consultants EPTRPT Property & Inspection Reports EREACT Real Estate Agency- Commercial EREAGT Real Estate Agency- Domestic EREAHT Real Estate Agency- Hotels EREAIT Real Estate Agency- Industrial EREAPM Property Management Services EREVAL Real Estate Agent & Valuations ESTMGR Strata Title Management F Agricultural, Horticultural miscellaneous occupations FAGCON Agricultural Consultancy FAGRON Agronomy FANBRE Animal Breeders FAQCON Aquaculture Consultants FARTBD Artificial Breeding Services FBSKAG Bloodstock Agency FEXPLS Export Livestock Veterinary Consultant FFMADV Farm Management Advisory Service FFMCON Farm & Agricultural Consultant FHTCON Horticultural Consultancy FMOROR Mortgage Originator FPPORG Primary Production Organisation FSSAGT Stock & Station Agency FVALUR Valuer - real estate FVETBS Veterinary Surgeons Bloodstock FVETEQ Veterinary Surgeons- Equine FVETGH Veterinary Surgeons- Greyhound FVETLS Veterinary Surgeon Livestock FVETSM Veterinary Surgeons-Small/Pets FVTLAB Veterinary Laboratories FWLBRK Wool Broking G Schools, Colleges - Miscellaneous occupations GBALSH Ballet School & Dance Tuition GCUBAS Scuba Diving Instruction - COMMERCIAL GEDCON Education Consultancy GKINDA Kindergartens GPSCHL Private School GSCHOL Primary Schools GSCUBA Scuba Diving Instructor - recreational GSECOL Secondary Schools/Colleges GTEACH Teacher GTRCON Training & Development Consultants GUNVER Universities H Insurance - miscellaneous occupations HARGEN Authorised Representatives (general insurance products) HARLIF Authorised Representatives (life insurance products) HININV Insurance Investigation HINSAG Insurance Agency HINSBK Insurance Broking HINSLA Insurance Assessors & Loss Adjusters HINSUR Insurance Surveyor HLASAG Life Assurance Agents HLOSSA Loss Assessor HLSCON Loss Control & Management Control HRMCON Risk Management Consultants HUWAGT Underwriting Agent I Local Government - Miscellaneous occupations IADVOR Govt. Advisory Organization ILGTAT Local Government Authority IMUNCL Municipal / Shire Councils J Miscellaneous occupations JADVAG Advertising Agency JANTHE Anthropologist JARBIT Mediation & Arbitration JARCHE Archaeology JBEAUT Beauty Therapy JBTBKR Boat & Yacht Broking JBTDES Boat & Yacht Designing JCARGO Cargo & Marine Surveying JCMADV Community Advice Centres JCOACH Sports Coach JCOASS Association - Community JCOURI Courier Service JCSFAG Customs Shipping & Forwarding JCUSTA Customs Agency JDIASS Association - Disability JDIVSE Diving Services JENASS Association - Environmental JFAMWL Family Welfare Organization JFUNRL Funeral Directing JGPDES Graphic design JINVES Investigators JMARRC Marriage, Family, Personal Councillor JMNENG Marine Engineers JMNSUR Marine Surveying JNVARC Naval Architecture JPHOTO Photographer / Cameraman JPIDES Product & Industrial Design JPRASS Association - Professional JRELIG Religious Organisation JRESER Research & Development Corp JSECRE Secretariat Services JSHPCH Ship & Boat Chandelling JSPASS Association - Sporting JTDASS Association - Trade JTECHW Technical Writers JTELAN Telephone Answering / telemarketing JTRAUN Trade Union JWEASS Association - Welfare JWTCON Writers Consultant &/or Service K Architects Miscellaneous occupations KACHTS Architects KARCDR Architectural Draughtspersons KINTDE Interior Designers & Fit out Consultant KLACHS Landscape Architecture KLACTP Town Planning KPLUMB Plumbing Consultants L Engineering - miscellaneous occupations LACENG Engineer – acoustic LAEENG Engineer – aeronautical LAGENG Engineer – agricultural LBCERT Building Certifiers LBHENG Building Hydraulic Design Engineer LBIENG Engineer – biomedical LBINSP Building Inspectors LBLCON Building Consultants LBLDES Building Designer LBLDIN Building Inspector - Victorian Building Act activities only LCHENG Engineer – chemical LCHSCI Chemical Scientist LCIENG Engineer – civil LCONMG Construction Management LCONTE Concrete Testing & Investigation LDSCON Drainage Sewerage & Water Supplies LELENG Engineer – electrical LELINS Electrical Inspectors LENAUD Environmental Auditor LENGDT Engineering Draftspersons LENVEN Engineer – environmental LETENG Engineer – electronic LFPENG Engineer - fire protection / safety LFSENG Foundation & Structural Engineer LGEEON Engineer - geo-technical - soil testing LGEOLO Engineer – geological LHAENG Engineer – harbour LHDENG Hydro Electric Engineering LHMENG Materials Handling, Process Engineer LHVENG Heating/Ventilation/Air-Con LHYENG Engineer – hydraulic LMAENG Engineer – marine LMCENG Engineer – Metallurgical LMEENG Engineer – Mechanical LMIENG Engineer - mining / minerals processing LNDCST Non Destructive Testing Consul LPCCST Petrochem,Chemical,Natural Gas,Env Con LPEENG Power & Energy Engineering LPREIN Pre-purchase Inspection Services LPRMGR Project Managers LRFENG Engineer – Refrigeration LSFENG Safety Engineering LSTENG Engineer – structural LTELEC Engineer – telecommunications LTNPNR Town Planners LTRENG Engineer – Traffic LWASTE Waste Management Consultants LWWENG Engineer - water treatment / sewage M Surveying Miscellaneous MBLSUV Building Surveyor MCARTO Cartographer MCMSUV Surveyors - Cargo and/or Marine MCOSTE Cost Estimators MHYSUV Surveyors – Hydrographic MLDSUV Land Surveyors MQTSUV Surveyor – quantity MSUREN Surveyor – Engineering MSURMI Surveyor – Mining N Defamation – misc NFPROD Film Producer NJOURN Journalist NPUBLI Publishers NRADIO Radio Broadcasters NTVBRO Televisions Broadcasters O Multiple Occupations OMULTI Multiple Occupations*
* Only available for facility business.
Appendix B: Data Validation
As well as unit record validation, overall reasonability checks will be carried out on each insurer’s data.
With each half-yearly data submission
Various comparisons between the current reporting period and the previous period will be carried out in order to monitor data reasonability and consistency. These may include:
Change in the aggregate Gross Earned Premium, split by two digit ANZSIC code or single character occupation code;
Changes in the total numbers of policies and claims;
Counts of claims by various measures; causes of loss, severity or litigation status; and
Changes in the average and total claims paid.
As well, various reasonability checks will be carried out within each period submission, including;
Overuse of the various ‘Other’ categories and codes; and
Comparison of the various premium fields against each other.
Other reasonability checks may be carried out on an ad hoc basis.
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