covid
… in order to fulfil their commitments not to profit from COVID-19. Claims costs increased over the period by 1.6 per cent, largely due to the easing of COVID-19 related restrictions in private hospitals throughout …
… 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 …
… 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 - …
… 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 …
… on 23 March this year in response to the impact of COVID-19. The consultation resumes today and will last for …
… key policy reforms, as well as managing the impacts of COVID-19. The letter outlining APRA’s updated policy …
… 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 …
… 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 …
… 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 …
… 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 …
… been updated to account for the substantial impact of the COVID-19 pandemic. APRA’s Corporate Plan continues to be …
… 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, …
… allow PHIs to devote resources to handling the impacts of COVID-19. This letter also contains information regarding … have been recently finalised in response to the impact of COVID-19. The decision is intended to allow APRA-regulated …
… 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 …
… 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 …
… 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’ …
… 112. The FAQ is available on the APRA website at: Banking COVID-19 frequently asked questions . Media enquiries Contact …
… 2021 Print Email In a year that was heavily impacted by COVID-19, the 2020 Year in Review provides an overview of how …
… in Review document. In a year that was heavily impacted by COVID-19, the publication provides an overview of how APRA …
… and medically to the limited extent possible due to COVID restrictions. Remarkably, the proportion of Australians … and what role PHIs need to play to ensure its success. The COVID test Before moving to look at where we are headed, … we are now with regards to the impact of the pandemic. COVID-19 is described as both an economic and medical crisis, …