APRA General Insurers Authorization Guidelines – An Overview and Summary of Requirements

• By: Staff Editor
• Date: July 18, 2013

These guidelines set out the principles which the APRA uses to decide whether to authorize general insurers applying to conduct insurance business in Australia. It covers the - authorization process; minimum criteria to be addressed by applicants; and necessary information and documents to be submitted with an application. The overall licensing process takes 3 to 12 months.