• Email
  • Print
  • Increase Font
  • Decrease Font

Media Releases

Global links crucial to meeting terrorism challenges: IFTRIP

Posted on 10 Aug 2017
The role of international cooperation in mitigating the financial cost of terrorism risk and sharing best practice knowledge on insurance coverage options is critical, according to Dr Christopher Wallace, Australian Reinsurance Pool Corporation (ARPC) CEO.   Dr Wallace recently addressed the inaugural International Forum of Terrorism Risk Re (Insurance) Pools (IFTRIP*) Conference in Paris held on 27 and 28 June 2017....
Read more

ARPC welcomes new Chair and Board member appointments

Posted on 19 Jun 2017
  It is with great pleasure that ARPC announces the appointment of a new Chair and new Board member, both of whom will join the Board in the coming months. Senator the Hon Mathias Cormann, Acting Minister for Revenue and Financial Services, has appointed business advisory expert and social entrepreneur Mr Ian Carson AM as ARPC Chair, and legal and...
Read more

Terrorism Insurance Scheme amendments approved

Posted on 04 Apr 2017
Changes to Australia’s Terrorism Insurance Scheme, as recommended by the 2015 Triennial Review by Treasury, have now been approved and are effective as at 1 July 2017. The changes extend the Scheme’s coverage and will ensure it remains fit for purpose. The changes will: broaden the definition of eligible property to include buildings with a floor space of at least...
Read more

ARPC Chair term expiry and search

Posted on 10 Feb 2017
Joan Fitzpatrick, Chair of Australian Reinsurance Pool Corporation (ARPC), has today confirmed that she will not be seeking reappointment as Chair when her current term expires on 30 June 2017. Ms Fitzpatrick was first appointed to the Board on 12 September 2012 and then appointed Chair on 1 January 2013. “I would like to take the opportunity to say how...
Read more

Public Service Medal awarded to ARPC Chief Underwriting Officer

Posted on 30 Jan 2017
Joan Fitzpatrick, Chair of Australian Reinsurance Pool Corporation, (ARPC) has today congratulated Michael Pennell, ARPC Chief Underwriting Officer, who has been awarded the prestigious Public Service Medal. “I would like to congratulate Michael Pennell who was awarded the Public Service Medal for his outstanding public service in the development of Australia’s national terrorism reinsurance scheme,” said Joan Fitzpatrick, ARPC Chair....
Read more

New ARPC executive appointment

Posted on 04 Nov 2016
Dr Chris Wallace, Chief Executive Officer of Australian Reinsurance Pool Corporation, (ARPC) has today announced the appointment of Michaela Flanagan to the new role of General Manager, Business Performance and Strategy. Ms Flanagan joins ARPC from QBE where she was Head of Strategy and Proposition Development within the Specialty and Corporate Solutions global business. In that role, Ms Flanagan was...
Read more

ARPC joins International Forum of Terrorism Risk Reinsurance Pools

Posted on 14 Oct 2016
Australian Reinsurance Pool Corporation has joined the International Forum of Terrorism Risk (Re) Insurance Pools (IFTRIP), which is a new Forum established to promote greater collaboration between the world’s terrorism reinsurance pools. A charter formalising the launch of IFTRIP was signed at the ARPC-OECD Global Terrorism Risk Insurance Conference last week in Canberra, with delegates from eight terrorism pools committing...
Read more

Dramatic terrorism increase in OECD member countries, including Australia, according to new ARPC research

Posted on 10 Oct 2016
The past three years have seen a dramatic increase in the intensity and spread of terrorist incidents in OECD member countries, including Australia, according to new research conducted exclusively for Australian Reinsurance Pool Corporation and unveiled at the ARPC-OECD Global Terrorism Risk Insurance Conference this month. According to the Institute for Economics and Peace (IEP)*, which conducted the research, there were...
Read more