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APRA releases General Insurance Claims Development Statistics for December 2020

Wednesday 21 July 2021

The Australian Prudential Regulation Authority (APRA) has released its annual General Insurance Claims Development Statistics publication for the December 2020 reference period.

The publication details claims development trends across the general insurance industry by class of business. The statistics cover the long-tail and short-tail classes of business, and reinsurance.

Copies of the December 2020 General Insurance Claims Development Statistics are available on the APRA website at: General insurance claims development statistics.

Media enquiries

Contact APRA Media Unit, on +61 2 9210 3636

All other enquiries

For more information contact APRA on 1300 558 849.

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding $7.7 trillion in assets for Australian depositors, policyholders and superannuation fund members.