The Australian Prudential Regulation Authority (APRA) today issued a warning to consumers buying insurance policies with Rural & General International Insurance Limited.

Rural & General International Insurance Limited is registered in Vanuatu as an exempt general insurer and is not authorised to insure any risks within Vanuatu or to solicit insurance business from the public within or beyond Vanuatu.

The regulators warning stems from concerns that Rural & General International Insurance Limited has been active in offering and providing insurance via Rural & General Broking Pty Limited in Australia.

APRA encourages consumers to review the list of all companies authorised to conduct insurance business in Australia. The list is available on APRAs website at www.apra.gov.au.

For further information, please contact the APRA call centre on 1300 13 10 60.

APRA is the prudential regulator of the financial services industry including banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, friendly societies, and most members of the superannuation industry.  It currently regulates $1.5 trillion in assets for 20 million Australians.