APRA Insight - Transforming risk culture
The Australian Prudential Regulation Authority (APRA) shares insights from its new risk culture survey, which was piloted with 10 general insurers and will be rolled out to other insurance, banking and superannuation entities over the next 12 months.
The full article is available on the APRA website at: Transforming risk culture: observations from APRA’s pilot survey.
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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.