ARPC welcomes the Prime Minister’s announcement to establish a reinsurance pool scheme for cyclone and cyclone disaster flooding events.
ARPC stands ready to support the Treasury Department as it completes the detailed design of the new scheme.
With deep experience running a Government-backed reinsurance pool, ARPC is well positioned to engage with stakeholders in development of the new scheme.
Inquiries on details of the scheme design should be directed to Treasury.
More information about ARPC can be found here: https://arpc.gov.au/publications/media-fact-sheet/
For inquiries, please contact ARPC CEO Dr Christopher Wallace on (02) 8223-6777 or [email protected].
For details of the scheme, see joint media release of the Prime Minister with other ministers here.
Transcript of the Prime Minister’s doorstop launch of the scheme can be viewed here.