Targeted adjustments to the general insurance reinsurance framework
This page contains relevant information regarding APRA's proposals for targeted adjustments to the general insurance reinsurance framework.
October 2025
On 22 October 2025, APRA released a Response Paper that sets out proposals for the general insurance industry to better facilitate access to reinsurance, including alternative reinsurance arrangements. The paper responds to industry feedback on a November 2024 consultation letter that set out preliminary proposals on these matters. The 2024 letter is available below.
Along with this Response Paper, APRA is releasing draft standards and guidance.
Media release: APRA refines proposals to facilitate easier access to alternative reinsurance arrangements
Response Paper
Targeted adjustments to the general insurance reinsurance framework
Draft prudential standards
Draft reporting standards
Draft prudential practice guides
November 2024
On 7 November 2024, APRA released a letter regarding targeted adjustments to its general insurance reinsurance framework. In response to reinsurance market developments and industry feedback, this letter outlines options to promote access to all forms of reinsurance and reduce regulatory burden.
Letter
Consultation on targeted adjustments to general insurance reinsurance settings
Submissions
Note on submissions
It is APRA's policy to publish all submissions on the APRA website unless the respondent specifically tells APRA in writing that all or part of the submission is to remain confidential. An automatically generated confidentiality statement in an email does not satisfy this purpose. If you would like only part of your submission to be confidential, you should provide this information marked as 'confidential' in a separate attachment.
Submissions may be the subject of a request for access made under the Freedom of Information Act 1982 (FOIA). APRA will determine such requests, if any, in accordance with the provisions of the FOIA. Information in the submission about any APRA-regulated entity that is not in the public domain and that is identified as confidential will be protected by section 56 of the Australian Prudential Regulation Authority Act 1998 and will therefore be exempt from production under the FOIA.