The Australian Prudential Regulation Authority (APRA) has released a response letter for insurers on proposals to collect cyber insurance and management liability data in the National Claims and Policies Database (NCPD).
The response letter, submission, and clean and marked-up versions of the draft reporting standards, are available on the APRA website at: Collection of cyber insurance and management liability data in the National Claims and Policies Database (NCPD).
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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 $9.8 trillion in assets for Australian depositors, policyholders and superannuation fund members.