CTHRepealedLegislation
Life Insurance (prudential standard) determination No. 2 of 2012
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Life Insurance (prudential standard) determination No. 2 of 2012
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Turn the raw legal text into a practical explanation grounded in Life Insurance (prudential standard) determination No. 2 of 2012.
44. APRA recognises that any measure of the adequacy of a fund or a life company’s capital involves judgement and estimation, including quantification of risks that may be difficult to quantify. If APRA is of the view that there are prudential reasons for doing so, APRA may, in writing, determine a supervisory adjustment to be included in the PCR of a fund or life company.