Capital Disclosure

The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the Australian financial services industry. APRA establish and enforce prudential standards and practices on the institutions it supervises in order to protect the financial interests of the Australian community.

The Capital Adequacy Prudential Standards (LPS 110 and GPS 110) require an insurance company to maintain adequate capital against the risks associated with its activities. A key feature of the standards is also a requirement that the insurer make certain public disclosures about its capital adequacy position.

The capital disclosure has been prepared for the purpose of satisfying these requirements and to improve the understanding of policy owners and other market participants of each company’s capital adequacy.

The OnePath Life business forms part of the Zurich Australia Limited (ZAL) entity hence please see ZAL's disclosure for the capital adequacy position of the OnePath Life business.

ZAL trading as OnePath Life (OneCare) ABN 92 000 010 195, AFSL 232510. OneCare Super is issued by OnePath Custodians Pty Limited (OnePath Custodians) ABN 12 008 508 496, AFSL 23846. Zurich and OnePath Custodians are not related bodies corporate.