Tag Archives: Australian Prudential Regulation Authority

ILN Today Post

It’s beginning to look a lot like… the pre-Christmas (regulation) rush APRA releases latest consultation package re capital standards for insurers and the latest exposure drafts re the standard definition of flood

The Australian Prudential Regulation Authority (APRA) has released a response paper and 14 draft prudential standards in a third round of consultations on its review of capital standards for general and life insurers.  As discussed in our April 2011 update (see here), according to APRA, the aims of the review include improving the risk sensitivity of the standards and achieving better alignment across APRA-regulated industries.              read more

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ILN Today Post

corporate risk and insurance update

APRA keeps insurers on their toes:

Refinements to the prudential framework for general insurance discussion paper

By Greg Moss of Gadens Lawyers, Sydney

The Australian Prudential Regulation Authority (APRA) has released a discussion paper (the paper) entitled Refinements to the prudential framework for general insurance groups identifying a ‘small number of areas’ where the prudential and reporting framework for general insurance groups domiciled in Australia (Level 2 groups) require refinement.

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