News Asia29 Sep 2017

Australia:APRA extends consultation on role of Appointed Actuary

| 29 Sep 2017

The prudential regulator APRA has proposed requiring insurers to establish a framework for the provision of actuarial advice within the company. The proposal is for the Appointed Actuary to play an active role in the development of the framework and in any future amendments to it. The framework would require approval by the board, having taken into account advice from the Appointed Actuary.

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