Find the latest media releases, statistics, and publications from APRA — offering timely updates, insights, and official communications to keep you informed.
The Quarterly General Insurance Performance Statistics publication provides aggregate summaries of financial performance, financial position, capital adequacy and key ratios for the general insurance industry. The publication also includes detailed statistics at a class-of-business level, a breakdown of operating income and expenses, and more granular solvency information.
In “From fires to firewalls: the evolution of operational risk”, Ms McCarthy Hockey spoke about how the increasing dependence of banks, insurers and superannuation funds – and their customers – on technology is creating new risks that need to be managed to ensure critical financial services remain available.
The statistics provides industry aggregate summaries of key financial and membership statistics. Specific sets of statistics are also provided in the areas of membership, coverage, benefits paid, medical gap, prostheses, and medical services.
This publication provides key insights on the Quarterly Superannuation Performance statistics and the Quarterly MySuper Statistics report for the June 2023 quarter.
The exemption applies from 15 August 2023 and removes the requirement to obtain approval to own or control an RSE licensee for certain RSE licensee directors holding shares in the RSE licensee, where they are not entitled to a personal financial benefit from the shareholding.
Recognising the unique circumstances of Avenue Bank's application, APRA judged that a short extension was warranted. APRA does not view this decision as setting a precedent for other Restricted ADIs.
APRA welcomes a court decision granting an injunction to prevent an individual from carrying on unauthorised banking business and using the word “bank” without a licence.
The final determination released today removes the need for APRA to make individual determinations for every MySuper product for which performance histories are required to be combined.
This paper outlines the approach APRA takes when combining the performance histories of two or more MySuper products in certain scenarios in administering the performance test. It also explains APRA’s approach to providing investment performance data to the Australian Tax Office (ATO) for inclusion in the YourSuper comparison tool.