Archive

Apra tells non-life insurers to be more open with customers

Australian life firms warned of surrender risk and outdated products

Prudential regulator Suzanne Smith spells out room for improvement

Apra imposes A$50m capital add-on for Auto & General Insurance

Non-life firm was already in corporate governance watchdog's sights

Australia's RAC slapped with capital add-on for poor governance

Regulator found weaknesses in outsourcing and board decision making

Apra calls for more risk data sharing to tackle affordability and availability issues

Suzanne Smith says Apra is "increasingly uncomfortable" with gaps in cover

Apra urges Australia's property insurers to consider alternative ways to reinsure

Country's reinsurers made A$1.25 for every dollar of claims paid over decade, says S&P Global Ratings

Australian cyclone reinsurance pool avoids deluge of claims

Only a handful of claims met by the ARPC in its first six months of coverage

Apra slaps A$250m capital addition on Medibank after cyber breach

Medibank has about A$148m unallocated capital

Australian health insurers must make "comprehensive reassessment" of capital requirements

Apra is introducing a new capital framework this July

Medibank execs should face consequences of data breach, says Apra

Australian regulator warns financial firms to focus on operational resilience