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APRA releases intermediated general insurance statistics for December 2015

Wednesday 2 March 2016

The Australian Prudential Regulation Authority (APRA) today released its Intermediated General Insurance Statistics publication for the six months to December 2015.

The Intermediated General Insurance Statistics publication provides an overview of intermediated general insurance placed with APRA-authorised general insurers, Lloyd's underwriters and unauthorised foreign insurers (UFIs). The statistical tables include detailed information about risks placed with UFIs.

Key statistics for the intermediated general insurance industry in the six months to December 2015:

  Six months to December 2014 Six months to December 2015 Change
Premium placed with APRA-authorised general insurers $8,048 million $8,009 million -0.5%
Premium placed with Lloyd’s underwriters $909 million $908 million -0.1%
Premium placed with UFIs $709 million $746 million +5.2%

Of which: Fire and industrial
special risks

$413 million $454 million +9.8%

Of which: Public and product
liability

$67 million $61 million -8.9%

Of which: Professional
Indemnity

$68 million $78 million +14.2%

Refer to the December 2015 Intermediated General Insurance Statistics publication.

Statistics

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Contact Ben McLean, APRA Media Unit, on +61 2 9210 3024

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For more information contact APRA on 1300 558 849.