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No. 7 of 2009 Determinations/Prudential as made
This Determination enables the Australian Prudential Regulation Authority (APRA) to disclose, by way of publication, certain information provided by general insurers to APRA through the National Claims and Policies Database.
Administered by: Treasury
Registered 22 Jun 2009
Tabling HistoryDate
Tabled Senate24-Jun-2009
Tabled HR24-Jun-2009

Australian Prudential Regulation Authority (confidentiality) determination

No.7 of 2009

Information provided by authorised insurers 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 2 reports described in Part 1 of the Schedule, modified in accordance with the measures specified 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: 15 June 2009

 

[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

reporting document means a reporting document within the meaning of section 13 of the Financial Sector (Collection of Data Act) 2001

Schedule

 

This determination covers certain items of data (‘the level 2 reports’) described below in Part 1, modified in accordance with confidentiality measures as outlined in Part 2.

 

This determination does not cover any data items other than those outlined in Part 1 below.

 

 

Part 1 – description of the level 2 reports covered by this determination

 

The level 2 reports comprise 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 described below 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)

 

 

Part 2 – Modifications to reporting document

Primary confidentiality layer

All information in the level 2 reports is presented as summary information. Each data item aggregates data from insurers who contribute to the NCPD.  The names of individual insurers are not to be shown.

The level 2 aggregated data will then be modified by masking certain aggregated values selected based on confidentiality criteria described below.

 

There are three primary confidentiality rules applied to each aggregated data item individually. Where one of these rules is not met, the value is masked and not provided to report users. A data item is treated as confidential if:

1.      It has less than three contributors; or

2.      One contributor makes up more than 85 per cent of the value of the cell; or

3.      Two contributors make up more than 90 per cent of the value of the cell.


Complementary confidentiality layer

Where a data item is masked due to the primary confidentiality layer, an algorithm selects further cells for masking to prevent a masked value from being easily calculated using the total for that row or column. This is known as complementary masking.

 

In the level 2 reports, at least two cells are masked in each row and column which contains data masked by the primary confidentiality layer (excluding data presented in an ‘unknown’ category), except in a small number of cases where the algorithm cannot determine appropriate masking (less than 0.009% of cells).