Risk Regulatory Update
/APRA consulting on four life insurance standards
The Australian Prudential Regulation Authority (APRA) is consulting on remaking four life insurance prudential standards due to sunset on 1 April 2023. APRA is proposing to remake the standards without any amendments prior to their sunsetting date, deeming the standards to be fit for purpose. Consultations are due by 15 December 2022.
The consultation letter is available on the APRA website at: Remaking of four life insurance prudential standards.
