Changes to the ARPC Executive Team

Dr Christopher Wallace, Chief Executive of Australian Reinsurance Pool Corporation, has announced changes to the senior executive team effective from 16 April 2018. “These changes streamline ARPC’s operations and will further develop the strong skills and capabilities we have across the organisation. The new structure will unlock deeper levels of collaboration and better use our collective expertise," says Dr Christopher...
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ARPC’s 2018 retrocession program helps cover Australian economy against terror attacks

Australia’s terrorism insurance scheme administrator, Australian Reinsurance Pool Corporation, has confirmed its retrocession reinsurance program for the 2018 calendar year. The new $3.065 billion retrocession reinsurance program plus ARPC’s net assets and the $10 billion Commonwealth guarantee, provides continuing scheme capacity to pay claims of more than $13.4 billion. “ARPC was able to increase private sector participation in the scheme...
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Winter 2015 Newsletter

ARPC is pleased to present its Winter 2015 newsletter 'Under the Cover'. In this edition you can read about our Canberra office operations moving to Sydney; quarterly and annual reports due and ARPC Board appointments. Winter UTC final
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ARPC Board update

The Acting Treasurer, the Hon Bruce Billson MP has appointed three new Members to ARPC’s Board. Ms Elaine Collins, Mr John Peberdy and Ms Janet Torney have been appointed as part-time, non-executive Members of ARPC’s Board for a three-year, period from 1 July 2015 up to and including 30 June 2018. Mr Tom Karp and Ms Marian Micalizzi have been...
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Declared terrorist incident – Lindt Cafe

ARPC wishes to advise that the Treasurer has announced the following incident as a declared terrorist incident for the purposes of the Terrorism Insurance Act 2003 (TI Act), with no reduction percentage. This announcement was made on Thursday 15 January 2015. Incident Detail Date Incident Code Reduction Percentage Lindt Café, Martin Place, Sydney 15 December 2014 141 not applicable *...
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Incident on 15 Dec 2014 – Update 6 Jan 2014

Background ARPC administers the terrorism reinsurance scheme, providing primary insurers with reinsurance for commercial property and associated business interruption losses arising from a declared terrorist incident. The purpose of the organisation is to protect Australia from economic losses caused by terrorism catastrophe. What can happen next? If the Martin Place siege is declared as a terrorist incident the insurance company...
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Incident on 15 Dec 2014

An incident has occurred at: LINDT Café, Martin Place, Sydney on Monday 15 December 2014. We are saddened by the incident at the Lindt Café and our thoughts are with the families who have lost loved ones, the survivors, and everyone who has been impacted by this tragic event. The incident is currently being investigated by the relevant authorities. Please...
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Annual Report tabled

ARPC's 2013-14 Annual Report was tabled in Parliament on Monday 27 October 2014.
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Market Update – Sept 2014

Read about the triennial review and the raising of the National Terrorism Public Alert level to high.
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Autumn 2014 newsletter

In this edition you can read about new reporting requirements, incorrect coding and a new postcode addition. View the newsletter here - ARPC newsletter autumn 2014.
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