AASB 17 update: APRA reporting requirements

  • On 27 September APRA released a short "directions" paper regarding the integration of AASB 17 with APRA reporting requirements. APRA has asked for any feedback on their directions by 22 November, prior to them developing a formal discussion paper expected to be released by 30 June 2020.

    This update looks at topics relevant to General and Health Insurers. APRA's paper also considers Life Insurance.