Aussie insurers face new risk-based capital requirements

The Australian Prudential Regulation Authority (Apra) has unveiled technical guidance for life and general insurers to comply with a new risk-based capital regime, which includes an explicit requirement for an operational risk capital charge.

A discussion paper, Review of capital standards for general insurers and life insurers, issued on May 13 reads: "Recent international and Australian experience has shown the potential for operational risk exposures to result in severe and unexpected losses

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: