APRA registers new non-operating holding company - Resolution Life NOHC Pty Ltd
The Australian Prudential Regulation Authority (APRA) has registered Resolution Life NOHC Pty Ltd as a non-operating holding company of two registered life insurers, AMP Life Limited and The National Mutual Life Association of Australasia Limited under the Life Insurance Act 1995.
An updated list of all APRA authorised non-operating holding companies NOHCs can be found on the APRA website at: Register of non-operating holding companies.
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.