News Regulations19 Oct 2020

Australia:Insurers withstand challenges and prove resilience

| 19 Oct 2020

APRA-regulated financial institutions (authorised deposit-taking institutions (ADIs), insurers and superannuation funds) have stood up to the challenges which emerged at the beginning of 2020, both financially and operationally, and have continued to fulfil their critical roles in society and the economy, according to Mr Wayne Byres, APRA chairman in the regulatory agency's 2019-2020 Annual Report released last week.

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