The Australian Prudential Regulation Authority has released its response to consultation on proposed updates to the section 57 non-confidentiality determination that supports publication of aggregated statistics from the National Claims and Policies Database. The response sets out APRA's final position and confirms it will implement a refreshed publication format, finalise the non-confidentiality determination and proceed with updated NCPD publications. Submissions from industry stakeholders, including the Actuaries Institute and the Insurance Council of Australia, were generally supportive of the proposed publication approach and determination. Feedback raised some concerns around confidentiality and product definitions, which APRA considered in reaching its final position. Implementation will proceed in line with the timelines set out in APRA's response.
Australian Prudential Regulation Authority2026-07-01
Australian Prudential Regulation Authority finalises NCPD non-confidentiality determination and refreshed publication format
The Australian Prudential Regulation Authority has finalised its position on updates to the non-confidentiality determination for the National Claims and Policies Database and will roll out a refreshed publication format. Industry feedback was generally supportive, although some concerns were raised on confidentiality and product definitions. APRA will implement the changes according to the timelines in its response.