ARPC welcomes Allianz to the Cyclone Reinsurance Pool  13 January 2023 Australian Reinsurance Pool Corporation (ARPC) is pleased to announce that Allianz Australia Insurance Ltd (ABN 15 000 122 850) has joined the Cyclone Reinsurance Pool (cyclone pool) as an insurer customer.  Allianz Australia Insurance Ltd has joined the cyclone pool for their Home Insurance […]

Tropical Cyclone Darian Ends 1 January 2023 As advised by the Bureau of Meteorology (Bureau), on 1 January 2023 at 12:22 (AEDT), ARPC wishes to advise that the following cyclone event has ended as a declared cyclone event for the purposes of the Terrorism and Cyclone Insurance Act 2003. A copy of the declaration is […]

Tropical Cyclone Ellie Ends 23 December 2022 As advised by the Bureau of Meteorology (Bureau), ARPC wishes to advise that the following cyclone event has ended as a declared cyclone event for the purposes of the Terrorism and Cyclone Insurance Act 2003. A copy of the declaration is available here  Please refer to the Cyclone […]

Tropical Cyclone Ellie Declaration 23 December 2022 As notified by the Bureau of Meteorology (Bureau), the ARPC wishes to advise that the following cyclone event has begun as a declared cyclone event for the purposes of the Terrorism and Cyclone Insurance Act 2003. A copy of the declaration is available here  Please refer to the […]

Tropical Cyclone Darian _ update 23 December 2022 Following the declaration of the existence of Tropical Cyclone Darian (TC Darian) on 18 December 2022, the ARPC advises that, as advised by the Bureau of Meteorology (Bureau) in their notice issued at 9:18pm on Wednesday 21 December 2022, TC Darian moved west out of the Australian […]

Tropical Cyclone Darian _ declared 19 December 2022 As notified by the Bureau of Meteorology (Bureau), the ARPC wishes to advise that the following cyclone event has begun as a declared cyclone event for the purposes of the Terrorism and Cyclone Insurance Act 2003. A copy of the declaration is available here Please refer to […]

  Opening Statement to Joint Select Committee on Northern Australia 25 November 2022 Dr Chris Wallace, CEO, Australian Reinsurance Pool Corporation Thank you Chair and members of the Committee for the invitation to appear today. ARPC welcomed the passing of legislation in late March this year, which established the cyclone reinsurance pool to be administered […]

ARPC appoints Chief Operating Officer 24 November 2022 Dr Christopher Wallace, Chief Executive of Australian Reinsurance Pool Corporation (ARPC), has announced the appointment of Victoria Simpson as Chief Operating Officer. Victoria is an actuary and leader with extensive financial services industry experience in strategy, customer experience and marketing, and insurance operations and product management. Victoria […]

  Opening Statement to Budget Estimates 09 November 2022 Dr Chris Wallace, CEO, Australian Reinsurance Pool Corporation Thank you Chair, and members of the Committee for the invitation to appear today. I would like to start by acknowledging the Ngunnawal people, Traditional Custodians of the land on which we meet today and pay my respects […]

ARPC Launches a New Website 07 November 2022 Australian Reinsurance Pool Corporation has launched a new website at https://arpc.gov.au/. The new website is designed to support ARPC’s new purpose which is: ‘protecting Australian communities with sustainable and effective reinsurance from terrorism and cyclone’ and its new vision ‘to support insurers to deliver affordable terrorism and […]

Annual Report 2021-22 ARPC’s 2021-22 Annual Report has been tabled in Parliament. “ARPC’s Annual Report shows ARPC delivered on key strategic projects in 2021-22. We continued our important role administering the Terrorism Reinsurance Pool while preparing for the Cyclone Reinsurance Pool which began on 1 July 2022,” said Dr Christopher Wallace, ARPC CEO. There were […]

ARPC releases revised premium rates for cyclone pool 29 Sep 2022 Australian Reinsurance Pool Corporation (ARPC) has today published its revised premium rates for its Cyclone Reinsurance Pool (cyclone pool), which commenced operations on 1 July 2022. The cyclone premium rates insurers will pay to the cyclone pool were revised after a consultation period on […]

ARPC’s 2022-26 Corporate Plan 31 Aug 2022 Australian Reinsurance Pool Corporation (ARPC) has published its 2022-26 Corporate Plan which has been revised to include the Cyclone Reinsurance Pool (cyclone pool) which commenced operations on 1 July 2022. ARPC’s new purpose statement reflects its statutory function, which is to protect Australian communities with sustainable and effective […]

Results of second Insurer Customer Survey 24 Aug 2022 Australian Reinsurance Pool Corporation (ARPC) has published the results of its second insurer customer survey conducted by ORIMA Research. Overall, the results from the 2021 survey remain strong. Consistent with the previous survey (2020) most respondents (97 per cent) continue to see ARPC as a trusted […]

ARPC announces CFO appointment Scott Unterrheiner 26 Jul 2022 ARPC is pleased to announce the appointment of Scott Unterrheiner as Chief Financial Officer, commencing in November 2022. Scott joins ARPC from Gen Re, where he is currently CFO and Company Secretary for Australia and New Zealand for property and casualty reinsurance, and life reinsurance. Having […]