Geoff summerhayes apra

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August undefined, 2024

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

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WebFeb 17, 2024 · Geoff Summerhayes, an executive board member of the Australian Prudential Regulation Authority (APRA), revealed in a speech yesterday that APRA now views climate change as a 'here and now' risk. 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. ... stats derrick white

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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 ... 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 … 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 stats diabetic foot infection risk

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APRA considers climate stress tests to avoid the next GFC

WebSep 17, 2024 · Geoff Summerhayes to leave APRA. James Fernyhough Reporter. Sep 17, 2024 – 5.24pm. Share. Geoff Summerhayes, the … WebFeb 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 … stats direct downloadWebSep 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 … stats diabetic heart disease

"When I was first approached in 2015 about the role as an APRA Member, I dismissed it as I didn’t see myself as a regulator. But after a few meetings with Wayne [Byres], I thought: this is a unique opportunity to give back and make a difference. Being appointed for a five-year term makes you very focused, and I … See more When I joined, APRA was approaching its 20th anniversary, and we’d been very successful as an organisation. But I felt that what had made … See more When you operate in a commercial firm, that becomes your ecosystem, and you view other firms through the lens of a competitor. And … See more There’s a lot in the name ‘financial services.’ Many people think of financial services as a service to them, like a ticket to somewhere. But if you approach the industry with the … See more I’m looking forward to a break and time on our family farm. But I want to continue to make a difference. I see this time as a transition from being … See more " - Geoff summerhayes apra

Geoff summerhayes apra

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

WebFeb 7, 2024 · Geoff is a purpose and values driven leader who has made significant contributions in a breadth of economic sectors including … 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.

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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 ... 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 ...

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 ... WebDec 2, 2024 · 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.

WebAccording to APRA Executive Board Member Geoff Summerhayes, this new APRA standard comes off the back of an increasing number of cyber breaches among Australian businesses. CPS 234 is meant to outline to Australian businesses the minimum standards necessary for managing information security, placing the ultimate responsibility for … WebJun 21, 2024 · APRA's Geoff Summerhayes. Credit: Jessica Hromas. He acknowledged that taking action to reduce carbon emissions now involved "significant transition risks," but the payoff was that it lowered the ...

WebApr 1, 2024 · The growing divide was so concerning to Apra, its executive board member Geoff Summerhayes gave a stark warning in a speech last October. ... what Summerhayes was describing was already a fact of ...

stats dictionaryWebFeb 17, 2024 · Summerhayes said Apra wanted companies to start incorporating sophisticated “scenario-based analysis” of climate risks into their business outlooks. He said Apra intended to start running ... stats discord botWebFeb 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 … stats divorce form south africaWebGeoff 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 ... stats divorce formWebDec 12, 2024 · I, Geoff Summerhayes, delegate of APRA: (a) under subsection 11AF(1) of the Banking Act 1959, DETERMINE Prudential Standard CPS 234 Information Security in the form set out in the Schedule, which applies to all ADIs and authorised banking NOHCs; (b) under subsection 32(1) of the Insurance Act 1973 DETERMINE Prudential Standard … stats ectoplasmaWebFeb 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 ... stats distributionWebAug 19, 2024 · Geoff Summerhayes, Senior Advisor, Pollination, former executive board member, Australian Prudential Regulation Authority Duration: 28min 35sec Broadcast: Thu 19 Aug 2024, 5:30pm stats edge username