Australian Prudential Regulation Authority
The Australian Prudential Regulation Authority (APRA) is an independent statutory authority that supervises institutions across banking, insurance and superannuation, and is accountable to the Australian Parliament.
See below for the Latest Australian Prudential Regulation Authority News, Analysis, Profit Results, Share Price Information, and Commentary
Australia assures FIs with new corporate plan amidst surfacing risks
This is to assure the stability of insurers, banks, and superannuation sectors.
Australia assures FIs with new corporate plan amidst surfacing risks
This is to assure the stability of insurers, banks, and superannuation sectors.
Australia updates regulations for better transparency of remuneration practices
APRA will offer flexibility in disclosure timing, requiring annual disclosures within six months of an entity's financial year-end.
Australia unveils new standards for banks, insurers’ operational risk management
The new standard will take effect on 1 July 2025.
APRA plans to remake four life insurance prudential standards
The standards are set to be remade before 1 April.
Australia's general insurance net profit rise 34.4% YoY
The industry earned a total of $1.51b.
Australia life insurance full-year 2022 net profit falls 59.3%
Investment loss was the main driver of the decreased performance for the year.
Australian regulator names new chair
A new Deputy Chair and two new APRA members were also announced.
Australian watchdog finalises changes to insurance capital and reporting frameworks
The changes aim to minimise misalignments between APRA’s frameworks and AASB 17.
Australia life insurance industry net profits crashes by 51.6% in June
The industry’s total revenue also took a dive of 56.4%.
Australian general insurance industry suffers nearly $2b investment loss in June
This was caused by unrealised losses on interest-bearing investments.
Australia private health insurance net profit plummets by 28% in June
Net profits were mainly dragged down by a fall in investment income.
Australia life insurance industry suffers 88.6% loss in investment revenues
The loss was offset by the 25% decrease in operating expenses.
Australia general insurance industry Q1 profits soars to $920m
This reflects the impact of premium increases across business classes.
Australia private health insurance net profit surges by 107.8% in Q1
In the year to 31 March 2022, net profit after tax reached $1.42b.
Australia general insurance investment income drops by 76.3% in 2021
However, industry profit still increased to $1.24b compared to $43.77m in 2020.
Australia private health insurers rallies in 2021 with 229.3% surge in profits
The increase was driven by insurance profits and investment income recovery.
Can Australian insurers weather another economic collapse?
The Australian Prudential Regulation Authority found out the answer.