covid 19
… concessions provided to policyholders in response to the COVID-19 pandemic. The industry reported higher investment … earnings in the year to 31 March 2021, following the COVID-19 induced shock to investment markets in the March … episodes declined in the quarter and remain below pre-COVID levels while the number of ancillary services at the …
… profit turnaround: bond yields, repricing and releases of COVID-19 reserves. Bond yields Chart 2: Australian Daily … impacting liabilities and therefore profits, such as COVID-19 reserve releases and repricing. The overall impact … over the long term than the pre-intervention products. COVID-19 reserves During the early stages of the pandemic, …
… institutions continue to manage the disruption caused by COVID-19. APRA’s updated guidance replaces its recommendation … economy and financial institutions are being impacted by COVID-19. On that basis, APRA believes that banks and … to regulatory concessions), greater financial impact from COVID-19, and restrictions on dividends from their New …
… (PHIs) to focus their resources on handling the impacts of COVID-19. Implementation of the new reporting standard, … implementation and further changes . Data collection, COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
… Print Email Health check: APRA's view of the impact of COVID-19 on private health insurers Good morning everyone, … industry over time and how that has evolved as a result of COVID-19. The private health insurance system is heavily … For people around the world, the emergence of COVID-19 has been a defining event and has divided our …
… Print Email Some lessons on operational resilience from COVID-19 Good morning, good afternoon and good evening to … for. Against that backdrop, today’s event is very welcome. COVID-19 has been a very real test of banks’ operational … issue is the reliance on third party service providers. COVID 19 has highlighted vulnerabilities created by key …
… falls in investment income mainly from the impacts of COVID-19. Another key driver of the decrease in underwriting … pronounced in the March quarter 2020 due to the impact of COVID-19 on the investment markets. Investment income fell … in the March quarter with the adverse impact of COVID-19 on the investment markets. Despite the impact of …
… to prioritise activities to respond to the impacts of COVID-19. The agenda recommenced in late 2020 at the point … sector, able to support the recovery from the impacts of COVID-19. The complete media release related to these …
… for the private health insurance industry. The impacts of COVID-19 are reflected in both the June quarter 2020 and year … the health and societal measures introduced as a result of COVID-19 1 , and the weaker investment performance caused by the initial COVID-19 driven market volatility contributed to a softer …
… banking, insurance and superannuation industries during COVID-19. APRA today released the findings of its biennial … effectively communicated its changing expectations during COVID-19, while 87 per cent agree that APRA’s policy … that we are doing and the actions we have taken during COVID-19. “The stakeholder survey also helps to identify …
… event. Before I say a few words about APRA’s response to COVID-19, I want to reiterate the Governor’s comments about … a very important part of Australia’s economic response to COVID-19. A fundamentally strong financial system acts as a shock absorber From APRA’s perspective, critical to our COVID-19 response has been the underlying strength of the …
… to benefits paid to members through the Government’s COVID-19 temporary early release of superannuation scheme. … to include fund-level data. The ERI data is available at: COVID-19 - early release of superannuation . COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
… its decision were: the very large economic downturn due to COVID-19; the need for ADIs to use their capital buffers to … to come, through factors including new outbreaks of COVID-19 and the gradual withdrawal of financial assistance … above regulatory requirements, which were built up pre-COVID. APRA has made clear that these buffers are available …
… been updated to account for the substantial impact of the COVID-19 pandemic. APRA’s Corporate Plan continues to be … and Capability Review, as soon as is practicable. However, COVID-19 has necessitated a rescheduling of planned … Byres said the updated plan responded to the impacts of COVID-19 with an appropriate reallocation of resources, …
… that banks that offered borrowers impacted by the COVID-19 pandemic an option to defer repayments for a period … ongoing support to customers temporarily impacted by COVID-19. This will help to avoid unnecessary hardship and … For more information contact APRA on 1300 558 849. COVID-19 The Australian Prudential Regulation Authority …
… planned policy and supervision initiatives in response to COVID-19. At the time, APRA foreshadowed it would also … their time and resources on dealing with the impact of COVID-19. The affected standards and their revised … April 2020) < https://www.bis.org/press/p200403a.htm >. COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
… investment income mainly from the negative impact of the COVID-19 pandemic on investments markets in the March … pronounced in the March quarter with the impact of COVID-19 on investment markets. Industry performance since the onset of COVID-19 has been an industry profit of $1.0 billion in the …
… Council of Financial Regulators, COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
… This consultation was paused in response to COVID-19. The consultation letter is available on the APRA …
… to prioritise activities to respond to the impacts of COVID-19. The agenda recommenced in late 2020 at the point … sector, able to support the recovery from the impacts of COVID-19. APRA’s key policy priorities include: finalising … “Given the continued uncertainly generated by COVID-19, APRA’s proposed policy and supervision agenda for …