Apra QIS shows operational risk capital to increase for insurance firms
The Australian Prudential Regulation Authority (Apra) has published the results of its first quantitative impact study (QIS), launched in July last year, alongside industry responses to its review of capital standards for insurers. The most extensive changes have been made to the asset risk charge and the operational risk charge for general and life insurers, and to the insurance risk charge for life insurers.
The original discussion paper issued in May proposed to introduce an explicit capital
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