Planned $3.3 billion sale of AMP’s life unit “unlikely” to proceed
Shareholders miss out on dividend due to the uncertainty surrounding the insurance deal
APRA : In the news
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What APRA can learn from New Zealand’s Reserve Bank shortcomings
A new report details where regulators went wrong
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APRA releases updated guidance on information security
The prudential guidance will assist entities on managing information security risks, including cybercrime
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"Insurers that continue to take a passive approach can expect more assertive action"
There’s no excuse for insurers to do nothing and hope the government will fix everything, says prudential regulator
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Australian election result impacts risk
Research forecasts the bottoming of the market by the end of the year and then a gradual recovery
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ASIC wants to lift standards on complaints handling
The regulator consults on proposed new standards for dealing with complaints across the financial system
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APRA: “No excuse for inaction” on climate change
All general insurers are actively taking steps to understand climate risk, but only 40% of life insurers said they were doing so
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APRA releases new Enforcement Approach
It was designed to help the prudential regulator better leverage its enforcement powers
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Pacific International Insurance placed under review status
The ratings actions relate to a forthcoming material change to the insurer’s business plans and scope of operations
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Freedom Insurance Group to sell its policy business for $5 million
The firm also plans to exit all its operating businesses