Insurance (prudential standard) determination No. 1 of 2025
Prudential Standard GPS 410 Transfer andPrudential Standard GPS 410 Transfer and Amalgamation of Insurance Business for General Insurers
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Prudential Standard GPS 410 Transfer and Amalgamation of Insurance Business for General Insurers
Insurance Act 1973
I, Sean Carmody, a delegate of APRA:
(a) under subsection 32(4) of the Insurance Act 1973 (the Act), REVOKE Insurance (prudential standard) determination No. 1 of 2018 including Prudential Standard GPS 410 Transfer and Amalgamation of Insurance Business for General Insurers made under that determination;
(b) under subsection 32(1) of the Act, DETERMINE Prudential Standard GPS 410 Transfer and Amalgamation of Insurance Business for General Insurers, in the form set out in the Schedule, which applies to all general insurers.
This instrument commences on 1 January 2026.
Dated: 15 November 2025
Sean Carmody
Executive Director
Policy and Advice Division
Interpretation
In this instrument:
APRA means the Australian Prudential Regulation Authority.
general insurer has the meaning given in section 11 of the Act.
Schedule
Prudential Standard GPS 410 Transfer and Amalgamation of Insurance Business for General Insurers comprises the document commencing on the following page