Revocation of the authorisation to be a NOHC of a general insurer 2025 – RAA Insurance Holdings Limited
Insurance Act 1973
To: RAA Insurance Holdings Limited ABN 52 008 210 062 (‘the body corporate’) Since:
- the body corporate was granted, under subsection 18(3) of the Act, an authorisation to
be a NOHC (‘the NOHC authorisation’);
- the body corporate requested in writing, under subsection 22(1) of the Act, that APRA revoke the NOHC authorisation; and
- APRA is satisfied that revoking the NOHC authorisation would not be contrary to either:
- the national interest; or
- the interests of the policyholders of any general insurer who is a subsidiary of the body corporate,
I, Jane Magill, a delegate of APRA, under subsection 22(1) of the Act, revoke the NOHC authorisation.
This revocation comes into effect on the date of this instrument. Dated: 1 July 2025
Jane Magill Executive Director
General Insurance and Banking Division
Interpretation
Act means the Insurance Act 1973.
APRA means the Australian Prudential Regulation Authority.
NOHC is short for non-operating holding company and has the meaning given in subsection 3(1) of the Act.
NOHC authorisation has the meaning given in subsection 18(1) of the Act.
Note: APRA must give a written notice to the body corporate and ensure that notice of the revocation is published in the Gazette.