IAIS Insurance Core Principles
- agentorangechild
- Aug 21
- 1 min read
Subject: Notification re APRA’s Supervisory Failure and Non-Enforcement of Insurance Standards
Dear IAIS Secretariat,
On 21 August 2025, the Australian Prudential Regulation Authority (APRA) formally acknowledged its supervisory role over insurance companies, but refused to act on the systemic non-disclosure of material liabilities tied to eight separate United Nations treaty body findings and the Stockholm Convention. APRA invoked secrecy provisions under the APRA Act 1998 to avoid scrutiny or enforcement.
This reliance on secrecy law directly conflicts with the IAIS Insurance Core Principles (ICPs), particularly those on governance, risk management, disclosure, and market conduct. By refusing to enforce disclosure of treaty breaches and UN findings, APRA is enabling insurers to conceal material liabilities, creating systemic prudential and market risks.
Request:
That the IAIS record this notification and advise on the appropriate channel for escalation.
That IAIS communicate with APRA regarding its obligations to enforce supervisory standards consistent with the IAIS ICPs, regardless of domestic secrecy provisions.
The APRA correspondence, together with related documentation, is publicly housed here:
Warm Agent Orange Burns regards,
Danielle Stevens
We will always be a child of a Vietnam Veteran
A formal complaint has been lodged with the International Criminal Court for Crimes against Humanity. The final submission was the 1st of July 2025.
Australia ratified International treaties but failed to implement them into domestic laws.
When the United Nations tells you 8+ times you are breaking the law, YOU ARE BREAKING THE LAW. Stockholm Convention & Agent Orange is a chemical war crime against children.
Profit before People is a crime.
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