Confidentiality of general insurance and life insurance data
This page contains consultations in relation to data confidentiality for the general insurance (GI) and life insurance (LI) industries.
On 18 August 2021, APRA released a response letter outlining its decision to determine class of business and product group data for the GI and LI industries to be non-confidential.
The response letter and non-confidential submissions are available below:
Extension of consultation period for collection of data
On 23 March 2020, APRA announced an adapted 2020 agenda in response to the impact of COVID-19. As a result, this consultation was suspended until 30 September 2020.
APRA is now seeking to continue this consultation. Given the disruption related to COVID-19 we have extended the consultation period for a further four weeks.
Submissions on this proposal will now close on 3 December 2020.
Proposal to increase transparency of general insurance and life insurance data
On 10 February 2020, APRA issued a consultation letter inviting submissions on its proposal to determine all class of business data for GI and all product group data for LI as non-confidential.
By publishing a greater breadth of industry-aggregate data, APRA will promote greater transparency and accountability in the LI and GI industry.
Submissions on this proposal have been extended and will now close on 31 March 2020. The consultation letter can be found below:
Note on submissions
It is APRA's policy to publish all submissions on the APRA website unless the respondent specifically tells APRA in writing that all or part of the submission is to remain confidential. An automatically generated confidentiality statement in an email does not satisfy this purpose. If you would like only part of your submission to be confidential, you should provide this information marked as 'confidential' in a separate attachment.