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Financial Outlook Reports

ARPC’s 2025 Financial Outlook Report

22 October 2025

Australian Reinsurance Pool Corporation (ARPC) today released its 2025 Financial Outlook Report (FOR).

The Financial Outlook Report provides a view of recent and projected financial outcomes, assesses the adequacy of premium rates and of reserves, and offers observations on capital management and on broader risks affecting the cyclone pool’s financial outlook.

 Key findings from the FOR include:

  • Claims costs of $1.8b due to Tropical Cyclone Alfred
  • Negative operating result of $1.2b for 2024-25 financial year
  • Net liabilities $734m
  • The cyclone pool is likely to be able to fund claims payments from
    current assets and future premiums with no calls on terrorism pool or Commonwealth guarantee
  • The cyclone pool has a 61 per cent chance of returning to a neutral capital position over the next year.
  • Current premiums have been assessed as being adequate to meet the cyclone pool’s legislative objectives.
  • At the end of the 2025-26FY there is a10 per cent chance the cyclone pool will have a net asset position of more than $200m
  • At the end of the 2025-26FY there is a 10 per cent chance of a net liability position in excess of $1.6b.

Background

The FOR is an annual publication from ARPC. The FOR is provided to the Assistant Treasurer no later than 15 October each year and released publicly within 10 business days.

The cyclone pool was established in 2022 and covers cyclone and cyclone-related flood damage to insured Home, Strata, and Small to Medium-sized Enterprises. The pool is designed to improve insurance accessibility and affordability in areas with medium to high cyclone risk. All general insurers writing business in eligible classes in cyclone-prone regions joined the pool by 31 December 2024, as mandated.

For media inquiries, please contact Alexander Drake, Head of Public Affairs on (02) 8223-6777 or [email protected].

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