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Geoff summerhayes apra

WebJun 21, 2024 · Senior APRA official Geoff Summerhayes says it is clear that climate change financial risks are now "orthodox economic thinking" Mr Summerhayes says "government spending decisions may need to be ... WebFeb 24, 2024 · APRA executive member Geoff Summerhayes: financial institutions will have to estimate the impacts of a changing climate, including extreme weather events, on balance sheets. Chris Pavlich

Health insurer, heal thyself: APRA’s prescription for financial ...

WebNov 27, 2024 · In a speech to the Financial Services Assurance Forum yesterday, Geoff Summerhayes, executive board member of APRA said the new strategy seeks to safeguard an increasingly connected network of ... WebSep 17, 2024 · News. Geoff Summerhayes, former APRA executive, concedes that while the short-term nature of the Your Future Your Super (YFYS) test is a “challenge” for ESG investment, climate change is a mega-trend that demands more attention. One of the main frustrations around the YFYS performance test has been that climate change does not … st nathys vsware https://fusiongrillhouse.com

Australia must prepare now for climate-related disasters or pay …

WebJan 12, 2024 · Overview. In his address to the Financial Services Assurance Forum, APRA Executive member Geoff Summerhayes outlined the key points of APRA's new Cyber Security Strategy for 2024 to 2024.In doing so, Mr Summerhayes emphasised APRA's expectation that firms prioritise cybersecurity, starting with ensuring their full compliance … WebOct 14, 2024 · In a speech on Wednesday, Geoff Summerhayes, ... Summerhayes said Apra was concerned general insurance could become unaffordable or unavailable in parts of the country. ... WebMay 10, 2024 · The prudential regulator’s head of insurance Geoff Summerhayes said climate change risks will soon be central to all financial decisions made by APRA-regulated entities. “In the future there will not be sustainable finance and other finance, all finance will need to be sustainable. st nathys college crest

Banking Royal Commission: APRA official in firing line

Category:Apra says companies must factor climate risks into business …

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Geoff summerhayes apra

Geoff Summerhayes to leave APRA - Australian Financial …

WebFeb 20, 2024 · In a speech at the Insurance Council of Australia’s annual forum – the first major speech APRA has given on climate change – APRA executive board member Geoff Summerhayes said APRA was putting itself on the “front foot” in regards to climate change preparedness, and could soon introduce climate change “stress testing” of financial ... WebGeoff Summerhayes, APRA Executive Member, said in that speech: if entities’ internal risk management processes are not starting to include climate risk as something that has to be considered – even if risks are ultimately judged to be minimal or manageable – that seems a pretty reasonable indicator there might be something wrong with the ...

Geoff summerhayes apra

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WebApr 29, 2024 · Chanticleer. Former APRA board member joins Pollination. Geoff Summerhayes has joined the climate change advisory business Pollination at the same time as it launches a new fundraising round to ... WebSep 7, 2024 · Geoff Summerhayes' record while a top executive at Suncorp is under the microscope amid questions about the regulator's approach to enforcement. Top APRA official in royal commission firing line

WebSep 7, 2024 · Geoff Summerhayes' record while a top executive at Suncorp is under the microscope amid questions about the regulator's approach to enforcement. Top APRA official in royal commission firing line WebFeb 7, 2024 · Geoff is a purpose and values driven leader who has made significant contributions in a breadth of economic sectors including …

WebJul 3, 2024 · Geoff Summerhayes is a senior advisor at pollination, and former executive board member of the Australian Prudential Regulation Authority (Apra). Laura Waterford is an environmental lawyer and ... WebFeb 4, 2024 · There are currently 37 health insurers but Apra forecasts that, if benefit costs continue to increase by 5% a year and premiums by 3% a year, by March 2024 only three big for-profit funds will ...

WebFeb 7, 2024 · APRA has released a wide-ranging speech on private health insurance delivered by Geoff Summerhayes to the Members Health Fund Alliance in Sydney. In ‘Health insurer, heal thyself: APRA’s ...

WebFeb 17, 2024 · Geoff Summerhayes says APRA will keep a close eye on climate change risks. Photo: Jessica Hromas It also expects big companies to carefully consider these risks, and warned that company directors ... st nazaire hand facebookst nazaire angersWebFeb 3, 2024 · 3 February 2024: Zurich Australia & New Zealand has today announced the appointment of Geoff Summerhayes to Zurich’s suite of Boards commencing immediately. A former financial services CEO, director and APRA Executive Board Member, Geoff joins five of Zurich’s main APRA-regulated Boards as an Independent Non-Executive Director … st nazaire ferry routes