Emerging risks | Growth Opportunities | APAC Insurance

Friday, April 4, 2025

Emerging risks | Growth opportunities | APAC insurance

Friday, 4 April 2025

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.

Share

Editorial team

November 1, 2023

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Free Trial
Subscribe

Already subscribed? Log in using the form below or click here

Read next

absence-of-strong-data-privacy-laws-slows-development-of-hong-kongs-cyber-insurance-market

Absence of strong data privacy laws slowing development of Hong Kong's cyber insurance market

April 3 2025

insurance-losses-from-ex-tc-alfred-and-north-queensland-floods-surpass-a1-2bn

Insurance losses from ex-TC Alfred and North Queensland floods surpass A$1.2bn

April 2 2025

australian-deferred-pay-rules-increase-dampo-exposure-for-insurers

Australian deferred pay rules increase D&O exposure for insurers

April 1 2025

hong-kongs-insurance-complaints-stable-in-2024-but-claims-disputes-surge

Hong Kong's insurance complaints stable in 2024, but claims disputes surge

March 31 2025

concern-over-environmental-risks-falls-among-asias-directors-and-officers

Concern over environmental risks falls among Asia's directors and officers

March 28 2025

malaysia-takaful-association-unveils-new-strategic-framework

Malaysia’s takaful sector growing steadily amid regulatory shifts: Fitch

March 28 2025

indonesian-government-to-disband-pt-asuransi-jiwasraya-following-years-of-trouble

Indonesia’s PA&H insurance market projected to reach US$4.05 bn by 2029: GlobalData

March 27 2025

south-koreas-proposed-capital-changes-could-spark-insurance-industry-consolidation

Mandatory core capital requirement could spark consolidation in South Korea's insurance industry

March 27 2025

combined-ratio-rises-slightly-but-australias-non-life-insurers-maintain-revenue-growth-in-q4

Combined ratio rises slightly, but Australia's non-life insurers maintain revenue growth in Q4

March 26 2025

ojk-aiming-to-shake-up-indonesias-insurance-industry-with-massive-capital-hikes

OJK looks to shake up Indonesia's insurance industry with massive capital hikes

March 25 2025

Share this article