The Australian Prudential Regulation Authority (APRA) has published general insurance risk margin statistics for the year ended 30 June 2025.

The publication provides a detailed overview of risk margins adopted by general insurers across classes of business, including insights into:

• outstanding claims and premium liability risk margins
• differences between direct and reinsurance business
• diversification benefits and portfolio characteristics

The statistics are intended to support benchmarking and provide industry participants, including actuaries, with greater visibility into current practices.

The publication is available on the APRA website at: General Insurance Risk Margin Statistics - June 2025