The Australian Prudential Regulation Authority (APRA) has released a response to its consultation on the remaking of four life insurance prudential standards which are due to sunset on 1 April 2023.
The letter to industry follows the consultation released in November 2022 and it announces APRA’s intention to remake these standards without amendment.
The response letter and the non-confidential submission are available on the APRA website at: Remaking of four life insurance prudential standards.
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