covid 19
APRA resumes consultation period on data confidentiality for general and life insurers
… on 23 March this year in response to the impact of COVID-19. The consultation resumes today and will last for …
The superannuation Early Release Scheme: Insights from APRA’s Pandemic Data Collection
… Insights from APRA’s Pandemic Data Collection While COVID-19 continues to have a significant impact on our … investment options. To better understand the impact of COVID-19 on superannuation funds and their members in this … APRA – in collaboration with ASIC – launched the COVID-19 Pandemic Data Collection ( PDC ) in June. Data was …
APRA policy priorities: Interim update - September 2021
… feedback on specific policy consultations and in light of COVID-19, APRA has reprioritised the policy agenda for the … key policy reforms, as well as managing the impacts of COVID-19. For certain prudential standards, the effective …
APRA adjusts bank capital expectations
… in 2017 during the period of disruption caused by COVID-19. APRA Chair Wayne Byres said: “APRA has been … above minimum regulatory requirements,” Mr Byres said. COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
Confidentiality of general insurance and life insurance data
… an adapted 2020 agenda in response to the impact of COVID-19. As a result, this consultation was suspended until … this consultation. Given the disruption related to COVID-19 we have extended the consultation period for a …
Letter to authorised deposit-taking institutions - Capital management
… As the industry moves beyond the initial phase of the COVID-19 response, APRA is today providing updated guidance … over the depth and duration of the economic impact from COVID-19, APRA’s objective has been to test the industry’s … their risk appetite given the severity of the scenario. COVID-19 … Letter to authorised deposit-taking institutions - …
Capital management
… As the industry moves beyond the initial phase of the COVID-19 response, APRA is today providing updated guidance … over the depth and duration of the economic impact from COVID-19, APRA’s objective has been to test the industry’s … their risk appetite given the severity of the scenario. COVID-19 … Capital management …
APRA 2020-2024 Corporate Plan
… been updated to account for the substantial impact of the COVID-19 pandemic. APRA’s Corporate Plan continues to be …
APRA releases general insurance statistics for June 2021
… underwriting results were constrained by provisioning for COVID-19 related Business Interruption (BI) claims, and large … although increasing, continuing to be lower than pre-COVID-19 levels. The industry PCA coverage ratio increased …
APRA launches review of insurance risk management frameworks
… Lockdowns and other restrictions associated with COVID-19 have triggered a spate of potential BI claims, with … this. Although the legal disputes around BI cover for some COVID-19 claims have yet to be fully resolved, the fact that …
APRA Insight - Issue Four 2020
… Scheme: Insights from APRA’s Pandemic Data Collection The COVID-19 Pandemic Data Collection was launched in June, and … repayment deferral data: Shining a light on credit risk COVID-19 has seen banks grant temporary loan repayment …
APRA releases quarterly private health insurance statistics for September 2021
… Claims growth remained lower than previous years due to COVID-19 restrictions and lockdowns, but increased relative … gross margins for the year and net margins returned to pre-COVID levels. Investment earnings increased materially in the …
APRA 2020 Year in Review
… 2021 Print Email In a year that was heavily impacted by COVID-19, the 2020 Year in Review provides an overview of how …
APRA releases 2020 Year in Review
… in Review document. In a year that was heavily impacted by COVID-19, the publication provides an overview of how APRA …
APRA publishes frequently asked question on standardised approach to credit risk-weighted assets
… 112. The FAQ is available on the APRA website at: Banking COVID-19 frequently asked questions . Media enquiries Contact …
Managing super fund liquidity in the midst of COVID-19
… Managing super fund liquidity in the midst of COVID-19 …
APRA releases quarterly private health insurance statistics for June 2022
… driven by a combination of modest claims experience due to COVID-19 related restrictions and movements in insurers’ … to fulfil their commitments not to profit from COVID-19. Premium revenue increased 3.5 per cent over the …
APRA releases quarterly private health insurance statistics for September 2022
… in order to fulfil their commitments not to profit from COVID-19. Claims increased over the period by 2.8 per cent from the easing of COVID-19 related restrictions and movements in insurers’ …
Contingent liquidity - Proposed guidance
… Existing guidance In March 2020, as a response to the COVID-19 stress, APRA communicated to ADIs with existing … of the liquidity impacts through the early stages of COVID-19, APRA considers that it would be prudent for an ADI …
APRA announces deferral of capital reform implementation
… their operations and supporting customers in response to COVID-19. This approach is also consistent with the recent … is available here: https://www.bis.org/press/p200327.htm COVID-19, Basel III Media enquiries Contact APRA Media Unit, …