Emerging risks | Growth Opportunities | APAC Insurance

Saturday, November 7, 2026

Capital adequacy, Life and Health, News, Non-life, Regulatory, Risk-based capital

Australian regulator applies additional AU$20m (US$12.7m) capital requirement to RAC insurance

APRA has imposed an extra capital requirement on RAC, citing deficiencies in outsourcing controls, conflict management, and board decision making.

By

Editorial team

November 1, 2023

•

1 min read

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Unlock this insight for free

Register for a free 14-day trial to read the full insight.

14 days of access to (Re)in Asia’s premium intelligence
Free daily briefing in your inbox each morning
No credit card required

Already have an account? Sign in →

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Read next

Draft rules set liability cover requirement for India's nuclear operators August 17 2026
SEADRIF releases additional US$1.14m to Lao PDR, WFP as flood impacts grow September 4 2026
ACCC extends timeline for IAG’s RAC Insurance deal review following remedies November 3 2026
Second ACCC rejection sends IAG's RAC Insurance bid to public benefit test September 23 2026
ACCC seeks feedback on IAG’s public benefit remedies offer for RAC deal October 20 2026
IAG offers to sell NRMA’s WA renewal rights in public benefit bid for RAC deal October 14 2026