Country Profile on Australia - Regulatory outlook for 2009: Heightened vigilance
Source: Asia Insurance Review | Apr 2009
The Australian insurance regulator sees the local insurance landscape as being stable amidst the global financial turmoil. Mr John Trowbridge, Executive Member of the APRA, does not see a need to make any radical changes to the regulatory regime and believes that they have sufficient powers to help the industry ride out the current crisis.
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