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Other Information for Life Insurance and Friendly Societies

Letters, notes and ​advices for Life Insurance and Friendly Societies entities
​25/09/2017 Letter to all APRA-regulated general, life and private health insurers: APRA Communication on Accounting Developments PDF
​30/06/2017 ​Letter to all APRA-regulated life insurers setting out guidance on the interpretation of Prudential Standard LPS 230 Reinsurance. PDF
​30/11/2016

​Letter to the Parliamentary Joint Committee on Corporations and Financial Services Inquiry into the life insurance industry: APRA submission PDF

Submission - APRA's submission to the Parliamentary Joint Committee on Corporations and Financial Services - Inquiry into the life insurance industry. PDF
​22/08/2016 ​Letter to all APRA-regulated institutions other than private health insurers: Margining and risk mitigation for non-centrally cleared derivatives PDF​
​04/05/2016 ​Letter to industry: Information request related to Claims Oversight and Governance PDF | HTML
​28/08/2015 Letter to all ADIs, general insurers and life companies: The review of board requirements ​PDF | HTML
​06/07/2015 Outsourcing involving shared computing services (including cloud):
  • ​Letter to Life Insurers PDF | HTML
  • Information Paper PDF
​22/06/2015 ​Letter to CEOs of general insurers and life companies: Public disclosure for prudential purposes for insurers PDF | HTML
​18/05/2015 ​Letter to life insurers (including friendly societies):
Group Insurance PDF​ | HTML
​04/03/2015 Letter to life insurers (including friendly societies): Survey of APRA-regulated institutions and other stakeholders PDF​ | HTML
​18/02/2015 ​Letter to all ADIs, general insurers, life companies and RSE licensees: Regulatory cost savings - clarification of fit and proper requirements PDF | HTML
​18/02/2015 ​Letter to all ADIs, general insurers and life companies: Regulatory cost savings - clarification of aspects of the Internal Capital Adequacy Assessment Process requirements PDF | HTML
20/10/2014 Letter to CEOs of general insurers and life companies: ICAAP Report Feedback
19/08/2014 Letter to all locally incorporated ADIs, general insurers and life insurers: ​Tax event call provisions in Additional Tier 1 and Tier 2 capital instruments: PDF | HTML
08/05/2014 ​Letter to all CEOs of ADIs, general insurers and life companies: risk management: PDF | HTML
27/03/2014 ​Letter to life insurers (including friendly societies): Approved alternative method to calculate the illiquidity premium: PDF | HTML
14/01/2014 ​Letter to life insurers (including friendly societies): Illiquidity premium: PDF | HTML
09/12/2013 ​Letter to all general insurers, Level 2 insurance groups, life insurers and friendly societies: ICAAP Summary Statement Feedback: PDF | HTML
29/10/2013 ​Letter to all life insurers: Interpretation of capital adequacy standards PDF | HTML

14/08/2013

​Letter to life insurers: Harmonising cross-industry risk management requirements PDF | HTML
​5/03/2013 Letter to Life Insurers (including Friendly Societies): Survey of APRA-regulated institutions and other stakeholders​ PDF | HTML
04/09/2012​ Letter to all general insurers, life insurers and Level 2 insurance groups: Life and general insurance capital review - reductions in capital PDF | HTML
31/05/2012 ​Letter to potential Level 3 groups on the supervision of conglomerate groups PDF | HTML
30/04/2012​ Letter to industry regarding remuneration: Establishment of the Bilateral Complaint Handling Process (BCHP) PDF | HTML
14/03/2012​ Letter to industry: APRA review of remuneration PDF | HTML
11/11/2011 ​Letter to Industry: Publication of non-confidential submissions on APRA's website PDF | HTML
12/09/2011 ​Letter to all ADIs, general insurers and life companies - Response to submissions on consolidating prudential standards: governance, fit and proper, outsourcing,and business continuity management PDF | HTML
28/02/2011 Letter to Life Insurers (including Friendly Societies): Survey of APRA-regulated institutions and other stakeholders PDF | HTML
16/12/2010 Letter to all Chief Executive Officers (or equivalent) and Appointed Actuaries of General Insurers and Life Insurers PDF | HTML
15/12/2010 Letter to Life Insurers (including Friendly Societies): Conversion of Prudential Rules to Prudential Standards PDF | HTML
15/11/2010 Letter to Life Insurers (including Friendly Societies): Outsourcing and offshoring - Specific considerations when using cloud computing services PDF | HTML
01/09/2010 Letter to regulated entities: Parent entity financial statements – ongoing APRA reporting PDF | HTML
03/08/2010 Sanctions against Iran PDF | HTML