APRA supervises life companies (including friendly societies) registered under the Life Insurance Act 1995 (Life Act).
The information on this section of APRA's website is to assist life companies to comply with their requirements, and the for general public to access relevant information.
Breach reporting for life insurers and friendly societies: Information relating to notifying APRA of breaches of prudential requirements for life insurers and friendly societies.
Consultation packages: Proposals released by APRA for consultation where submissions and responses are invited from industry. Consultation packages can include letters, discussion papers, response papers, draft guidance material and other draft information.
Industry fees and levies: Determinations for Life Insurance and Friendly Society levy imposition.
Prudential Framework: Information for life insurers and friendly societies in order to meet APRA's prudential requirements. Includes links to legislation, prudential standards and guidance notes, prudential practice guides and other guidance.
Register of friendly societies: Register of friendly societies regulated by APRA under the Life Act.
Register of life insurers: Register of life insurance companies (that are not friendly societies) regulated by APRA under the Life Act.
Reporting Framework: Under the Financial Sector (Collection of Data) Act 2001 and its reporting standards, life insurers and friendly societies are required to provide data to APRA. For reporting standards, forms and instructions:
Risk assessment and supervisory response tools:
Statistical publications: APRA publishes a suite of 18 statistical publications across all industries. These provide regular updates on the financial performance of APRA-regulated industries and individual entities. Life Insurance statisticals publications include Quarterly Life Insurance Performance Statistics and Annual Friendly Society Bulletin.
Useful information for Life Insurers: Letters, notes from APRA, articles, papers and other advices.