Capital adequacy
As at 31 December 2023
Under APRA's Prudential Standard GPS 110 Capital Adequacy, Hollard is required to publish, at least annually, information to improve the understanding of its capital adequacy by policyholders and other market participants. The following information fulfils this requirement for the general insurer The Hollard Insurance Company (HIC) Pty Ltd, Hollard Insurance Partners Pty Ltd and the Level 2 Insurance Group, Hollard Holdings Australia Pty Ltd.
As at 30 June 2024, our capital adequacy filed with APRA is as follows:
As a licenced insurer in New Zealand, HIC is required to disclose the home jurisdiction equivalent of the following items under the RBNZ's solvency framework.
Given the Australian home jurisdiction of HIC, the equivalents under APRA prudential standards are provided.
More information on our financial performance including Contributed Shareholder Capital, Total Assets and Gross Written Premium
Review and download our Financial Statements on our Annual financial reports page.
