By using this site you are deemed to have read and acknowledged our disclaimer
|
What's new
- Life insurers and friendly societies are now required to notify APRA, in the approved form, of the address where their financial records are kept. Life insurers and friendly societies are required to complete the approved form of notification of address where financial records are kept and submit to APRA using the address provided on the form. For existing life insurers and friendly societies the form is due by 24 August 2010. Newly registered entities are required to lodge within 28 days of registration. Click here to view FAQ's.
- APRA uses validation rules within D2A to validate the data submitted by reporting entities. Entities are expected to correct any reporting errors identified by these rules. Click here for the list of D2A Validation Rules for life insurers and friendly societies.
- APRA has released guidelines to assist life insurers and friendly societies explain data to APRA. It describes the information APRA expects reporting entities to provide in their explanations and how to correct submitted data. Click here to view the new guidelines for life insurers and friendly societies.
- APRA has released amended life insurance reporting standards. Click here to view the new reporting standards effective from 1 October 2009. Click here to view a letter to life insurance companies on 31 July 2009 explaining the changes.
|
Reporting requirements
Friendly societies are required, under the Financial Sector (Collection of Data) Act 2001 and its reporting standards, to provide data to APRA. The data is defined in the set of reporting forms and instructions. Some forms are subject to audit requirements. Guidance and assistance to help entities submit forms are provided.
Data Submission software
APRA provides friendly societies with software to encrypt and submit data.
D2A (Direct to APRA)
Standard Business Reporting initiative
The Standard Business Reporting (SBR) initiative is a multi-agency initiative led by Treasury that will simplify business-to-government reporting in a number of ways. This will include the introduction of a single secure sign-on to submit reports to APRA and other SBR-participating government agencies. APRA will provide information to its regulated institutions in due course on the implementation of the SBR initiative, which involves all of APRA's reporting forms and will provide significant long-term benefits to institutions. For more information on SBR visit www.apra.gov.au/sbr.cfm, or email sbr@apra.gov.au.
Contact Us
E-mail: statistics@apra.gov.au
Fax: 02 9210 3021
Write to: Manager, Insurance Statistics
Australian Prudential Regulation Authority
GPO Box 9836
Sydney NSW 2001
