News Regulations05 Aug 2021

Australia:Stress tests show insurers able to withstand very severe economic downturn

| 05 Aug 2021

Stress testing activities on life and general insurers during 2020, following the outbreak of COVID-19, demonstrate that insurers are well-positioned to withstand a very severe economic downturn, while still meeting their commitments to policyholders, says the Australian Prudential Regulation Authority (APRA).

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