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APRA has published an information paper outlining the objectives and design of the insurance Climate Vulnerability Assessment (insurance CVA) that is underway with Australia’s five largest general insurers.
The consultation is part of the minor framework update process to ensure that clarifying and technical changes to the prudential framework are made in a timely manner.
APRA has registered St Andrew’s Australia Services Pty Ltd as a non-operating holding company of one registered life insurer under the Life Insurance Act 1995 and one authorised general insurer under Insurance Act 1973.