APRA grants new general insurance licence to Everest International Reinsurance
The Australian Prudential Regulation Authority (APRA) has licensed Everest International Reinsurance Ltd as a general insurer (GI) under the Insurance Act 1973.
An updated register of APRA-authorised general insurance can be found on the APRA website.
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.