Go to top of page

General insurance

The Australian Prudential Regulation Authority (APRA) has today released a set of prudential standards in final form, a set of draft prudential standards and a response paper as part of its review of capital standards for general and life insurers.

The aims of APRA’s review include improving the risk-sensitivity of the capital standards for insurers and achieving better alignment of these standards across APRA-regulated industries.

The Australian Prudential Regulation Authority (APRA) has today released a package containing a response paper and the final prudential standards that complete its review of life and general insurance capital requirements.

The aims of APRA’s review have been to improve the risk-sensitivity of the capital standards for insurers and achieve better alignment of these standards across APRA-regulated industries. APRA commenced its review in 2010 and has been consulting extensively with industry and other stakeholders.

The Australian Prudential Regulation Authority (APRA) has today released for consultation a draft prudential practice guide on managing data risk for all APRA-regulated institutions.

13.04

The Australian Prudential Regulation Authority (APRA) today released two discussion papers on confidentiality of general insurance and life insurance data and proposed changes to its general insurance and life insurance statistical publications.

APRA proposes to determine that all data submitted under the Financial Sector (Collection of Data) Act 2001 by general insurers and life insurers are non-confidential and publicly accessible. The proposed determinations will allow APRA to improve its general insurance and life insurance statistical publications.

The Australian Prudential Regulation Authority (APRA) today released updated information on policies and claims for public and product liability (PL) and professional indemnity (PI) insurance. This information is contained in the upgraded National Claims and Policies Database (NCPD) and is the most complete and detailed to date.

The Australian Prudential Regulation Authority (APRA) has today released for consultation proposed risk management and capital adequacy requirements for the supervision of conglomerate groups.

Conglomerate groups, referred to as Level 3 groups, are groups comprising APRA-regulated institutions that perform material activities across more than one APRA-regulated industry and/or in one or more non-APRA-regulated industry.

The Australian Prudential Regulation Authority (APRA) has today released for consultation a discussion paper outlining its proposal to collect reinsurance counterparty data from general insurers and Level 2 insurance groups. The discussion paper is accompanied by four draft reporting forms and instructions.

Pages

Subscribe to General insurance