Regulatory AlertsLPG 240 Life Insurance Risk and Life Reinsurance Management
The Australian Prudential Regulation Authority issued this guide to assist life insurers in complying with Prudential Standard CPS 220 regarding risk management. It outlines prudent practices for managing insurance risk across product design, pricing, underwriting, claims management, and reinsurance. The document details specific framework elements to mitigate financial loss and ensure the viability of life companies.
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