˿ƵAPP entered the Australia and New Zealand markets in 1996 on the strength of the company’s facultative underwriting. The company soon added comprehensive reinsurance products and services lines, including retail, group and financial solutions. In less than a decade, ˿ƵAPP was conducting business with all of the major life insurers in Australia and New Zealand. Today, ˿ƵAPP is among the leading life reinsurers in the region.
Senior Vice President and Chief Executive Officer
˿ƵAPP Australia and New Zealand
Whether you want to bring a new product to market, improve the performance of an existing product or better manage your risk and capital through financial solutions, ˿ƵAPP is your partner.
Level 25
420 George Street
Sydney, NSW, 2000
Australia
AON Centre
Level 6, 1 Willis Street
Wellington 6011
New Zealand
˿ƵAPP has one of the most experienced underwriting teams of any reinsurer. The company is the worldwide leader in facultative underwriting, having received more than 8 million cases since 1979.
We aim to foster continuous improvement in the efficiency and fairness of claims management by:
In an ever-changing life insurance landscape, ˿ƵAPP endeavors to bring fresh and innovative ideas to our clients to help keep pace with changes in the life insurance environment as well as strategic, operational, and customer needs.
˿ƵAPP is at the forefront of the push to explore and exploit disruptive opportunities via innovation. Partnering with ˿ƵAPP means access to innovation and thought leadership that ties in with growth and sustainability.
The Insurance (Prudential Supervision) Act 2010 requires ˿ƵAPP of Australia Limited (“˿ƵAPPA”) to maintain a solvency margin. Under an exemption granted by the Reserve Bank of New Zealand, this solvency margin is to be calculated in accordance with the Australian equivalent of the solvency requirements and for the statutory fund containing the life insurance business carried on in New Zealand (all of the New Zealand business is included in ˿ƵAPPA Statutory Fund No. 2).
As of 31 December 2023, the Prescribed Capital Amount (“PCA”) required to be held by ˿ƵAPPA Statutory Fund No. 2 under the Australian capital standards was NZ$16.6m. The capital available to meet this requirement was NZ$64.2m, which was NZ$47.7m in excess of the PCA. The Australian equivalent of the solvency margin was therefore AU$44.2m. The available capital was 3.87 times the PCA.
The above amounts are based on unaudited returns to the Australian regulator effective 31 December 2023
Protecting your privacy is very important to us. We want you to understand what information we collect, how we collect this information and how we use it.
˿ƵAPP of Australia Pty Limited (˿ƵAPPA) is an APRA-regulated life insurance company, registered under the Life Insurance Act 1995. APRA Prudential Standard CPS 511 – Remuneration (CPS 511) requires APRA-regulated entities to make public disclosure of information relating to their remuneration framework and practices.
At ˿ƵAPP, we do business with heart. To achieve our purpose of making financial protection accessible to all, we strive for diversity in our teams, equity in our practices, and inclusion in our culture. We are committed to providing a diverse, equitable, and inclusive workplace that respects and embraces all.
Read Workplace Gender Equality
Agency Gender Pay Gap Employer Statement
The Insurance (Prudential Supervision) Act 2010 requires ˿ƵAPP of Australia Limited (“˿ƵAPPA”) to maintain a solvency margin. Under an exemption granted by the Reserve Bank of New Zealand, this solvency margin is to be calculated in accordance with the Australian equivalent of the solvency requirements and for the statutory fund containing the life insurance business carried on in New Zealand (all of the New Zealand business is included in ˿ƵAPPA Statutory Fund No. 2).
As at 30 June 2025, the Prescribed Capital Amount (“PCA”) required to be held by ˿ƵAPPA Statutory Fund No. 2 under the Australian capital standards was NZ$13.5m. The capital available to meet this requirement was NZ$47.8m, which was NZ$34.3m in excess of the PCA. The Australian equivalent of the solvency margin was therefore AU$31.7m. The available capital was 3.53 times the PCA.
The above amounts are based on unaudited returns to the Australian regulator effective 30 June 2025.
˿ƵAPP is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital.
˿ƵAPP is widely recognized for superior risk management and underwriting expertise, innovative product design, and dedicated client focus.
Looking for insight? ˿ƵAPP has ranked #1 in thought leadership and knowledge for seven consecutive years in NMG Consulting's Global Life & Health Reinsurance Study. Explore our extensive collection of articles, white papers, and videos to gain fresh perspectives on risk assessment and risk transfer, including specialized publications.
We are eager to engage with clients to address the industry’s most pressing challenges together. For the 11th consecutive year in 2022, ceding companies ranked ˿ƵAPP #1 on NMG Consulting’s Global All Respondent Business Capability Index (BCI) for ease of doing business and product innovation. Curious? Let’s talk.
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Multinational life and health insurers must grow in markets that are increasingly complex. ˿ƵAPP’s Global Accounts augments our local expertise with a global view and a central point of contact. We deliver specialized expertise, deep industry knowledge, and insight into the most disruptive innovations.
