GPS 116 definition

GPS 116 means APRA’s Prudential Standard GPS 116 (Capital Adequacy: Insurance Concentration Risk Charge).
Sample 1Sample 2Sample 3

Examples of GPS 116 in a sentence

  • For RMBS, the Gryphon Investment Team developed a stress testing methodology based on APRA Prudential Standard GPS 116 which tests for “a catastrophic event” with a “0.5 percent probability of occurrence”.

  • GPS 110 and Prudential Standard GPS 116 Capital Adequacy: Insurance Concentration Risk Charge (GPS 116) set out specific issues that a regulated institution must consider in calculating its ICRC.

  • There may be other forms of aggregate reinsurance cover available in the marketplace, which meet the intent of paragraph 6 of GPS 116.

  • LMI) that is required to determine the Lenders Mortgage Insurance Concentration Risk Charge under GPS 116, the 17 Refer to paragraph 49L(1)(b) of the Act.Appointed Actuary must determine the amount of net premiums liabilities that relates to an economic downturn.

  • A lenders mortgage insurer must also refer to GPS 110 and GPS 116 in determining its ICRC.

  • In determining whether to contact APRA in order to seek recognition for these covers, an insurer may find it useful to assess whether these covers meet the definition of ‘aggregate reinsurance cover’ under paragraph 6 of GPS 116.

  • The determination of the net financial impact is based on the formulae and requirements set out in Prudential Standard GPS 116 Capital Adequacy: Insurance Concentration Risk Charge (GPS 116).

  • In a democratic state of law, the interpretation of law according to which a local self- -government unit, implementing the entrusted public administration tasks through its authorities, is empowered to unilaterally shape the legal situation of its independent entities first and then is entitled to lodge appeals against the decisions taken by these In the resolution of 16 May 2016, Case No. II GPS 1/16, the Supreme Administrative Court decided: “1.

  • This selec- tion produces a sample of 250 CSS, 148 GPS, 116 HFP, and 80 CSO radio sources.

  • For lenders mortgage insurers, additional requirements for calculating the Insurance Concentration Risk Charge are also set out in GPS 116.

Related to GPS 116

  • NI 81-106 means National Instrument 81-106 Investment Fund Continuous Disclosure;

  • NPP means the New Payments Platform owned and operated by or for NPP Australia Limited.

  • NI 45-106 means National Instrument 45-106 – Prospectus and Registration Exemptions;

  • PTCE 95-60 As defined in Section 5.02(b). PUD: A planned unit development.

  • MARPOL 73/78 means the International Convention for the Prevention of Pollution from Ships (1973) as modified by the Protocol of 1978 relating thereto;

  • NI 81-102 means National Instrument 81-102 – Investment Funds.

  • Pistol means any firearm with a barrel less than sixteen inches in length, or is designed to be held and fired by the use of a single hand.

  • NI 51-102 means National Instrument 51-102 – Continuous Disclosure Obligations;

  • MI 62-104 means Multilateral Instrument 62-104 — Take-Over Bids and Issuer Bids, as amended or replaced from time to time;

  • NI 81-107 means National Instrument 81-107 Independent Review Committee for Investment Funds;

  • NI 62-104 means National Instrument 62-104 – Take-Over Bids and Issuer Bids;

  • NI 52-110 means National Instrument 52-110 – Audit Committees.

  • NP 11-202 means National Policy 11-202 – Process for Prospectus Reviews in Multiple Jurisdictions;

  • MI 11-102 means Multilateral Instrument 11-102 – Passport System;

  • HUC 14 or "hydrologic unit code 14" means an area within which water drains to a particular receiving surface water body, also known as a subwatershed, which is identified by a 14-digit hydrologic unit boundary designation, delineated within New Jersey by the United States Geological Survey.

  • NI 45-102 means National Instrument 45-102 – Resale of Securities;

  • NI 52-109 means National Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interim Filings;

  • MI 61-101 means Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions;

  • SUVA means Specific Ultraviolet Absorption at 254 nanometers (nm), an indicator of the humic content of a water. It is calculated by dividing a sample’s ultraviolet absorption at a wavelength of 254 nm (UV254) (in m-1) by its concentration of dissolved organic carbon (DOC) (in mg/L).

  • Maintenance Plan means a maintenance plan pursuant to N.J.A.C. 7:8-5.2(b) and 5.8 prepared by the design engineer for the stormwater management measures incorporated into the design of a major development.

  • ug/l means micrograms per liter.

  • NI 51-101 means National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities;

  • Cider means an alcoholic beverage made from the fermentation of juice from primarily apples or pears, or both, which contains not less than 1/2 of 1% and not more than 8.5% of alcohol by volume. Cider may be still or carbonated and may contain other fruits, spices, botanicals, or other flavors.

  • H1, H2 etc means First Highest, Second Highest Offers etc. in Disposal Tenders means

  • SAQA means the South African Qualifications Authority;

  • Dairy farm means any place or premises where 1 or more dairy animals are kept for milking purposes, and from which a part or all of the milk is provided, sold, or offered for sale.