Glossary of Terms
Total capital ratio
Total capital divided by the Prescribed Capital Amount for Life and General Insurance, or total risk-weighted assets for the Bank, as defined by APRA
Total expense ratio – general insurance
Total expenses (commission and direct operating expenses) expressed as a percentage of net insurance revenue
Total risk-weighted assets
Bank credit risk-weighted assets, off-balance sheet positions and market risk capital charge and operational risk charge, as defined by APRA
Transitional excess profit and loss (TEPL)
Includes a profit normalisation mechanism which caps industry and insurer profits in the New South Wales CTP scheme
Treasury shares
Ordinary shares of Suncorp Group Limited that are acquired by subsidiaries