Governance
Governance standards require entities to act with honesty and integrity and to be run by people with the right skills, knowledge and experience. They include foundational requirements for good governance and the fitness and propriety of people in positions of responsibility.
Risk Management
Risk Management standards require entities to maintain effective risk management strategies and systems. They include requirements about managing operational risk, and risks specific to an industry including credit risk, insurance risk and investment risk.
Financial Resilience
Financial Resilience standards require entities to maintain adequate financial resources to withstand stresses. They include requirements such as maintaining capital and liquidity.
Recovery and Resolution
Recovery and Resolution standards require entities to strengthen crisis preparedness. They include requirements such as resolution, recovery and exit planning.
Reporting
Reporting standards contain the necessary forms and instructions for data that entities must submit to APRA on a regular basis.
Use the Prudential Handbook to access APRA’s policy and reporting expectations, including standards, guidance and related information.
This guide assists private health insurer directors in understanding their obligations under APRA's prudential framework.
