The Australian Prudential Regulation Authority has published a response paper refining its proposed updates to the general insurance reinsurance framework, with the stated aim of making it easier for insurers to access a broader range of reinsurance structures, including alternative arrangements such as insurance-linked securities, while continuing to safeguard policyholder interests. The revised approach incorporates industry feedback on proposals consulted on from November 2024 and flags targeted adjustments across draft prudential standards, prudential guidance and reporting standards, framed as part of APRA’s work to balance capital settings with underlying risks. APRA has invited further industry feedback on the draft standards, guidance and reporting proposals by 30 January 2026.
Australian Prudential Regulation Authority 2025-10-22
Australian Prudential Regulation Authority refines proposed general insurance reinsurance framework to expand access to alternative reinsurance
The Australian Prudential Regulation Authority has refined its proposed updates to the general insurance reinsurance framework to facilitate access to diverse reinsurance structures while safeguarding policyholder interests, incorporating industry feedback from November 2024 consultations. APRA seeks further industry feedback on the draft standards, guidance, and reporting proposals by 30 January 2026.