APRA provides information on proposed supervisory levy for the PHI industry for 2022-23
The Australian Prudential Regulation Authority (APRA) has released a letter to the private health insurance (PHI) industry on the proposed financial institutions supervisory levies for 2022-23.
The letter can be found on the APRA website at: Proposed financial institutions supervisory levies for private health insurance for 2022-23.
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.