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Media Releases

ARPC’s Risk Mitigation Handbook Proposal approved by Standards Australia

Posted on 28 May 2018
Australian Reinsurance Pool Corporation has welcomed peak standards development body Standards Australia’s approval of ARPC’s proposed Physical Protective Security Treatments for Buildings Handbook.    Earlier this year, ARPC submitted a proposal to Standards Australia for the development of a new Plain English Handbook to support proactive risk management of large-scale infrastructure (commercial buildings).     “The Handbook will help owners and operators to assess their risks and plan and implement treatment measures to protect valuable assets against terrorist attacks...
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ARPC welcomes 2018 Triennial Review

Posted on 30 Apr 2018
Australian Reinsurance Pool Corporation (ARPC) has welcomed the terms of reference for the 2018 Triennial Review of the Terrorism Insurance Act 2003 (TI Act), being undertaken by The Treasury. The TI Act requires that a review be conducted at least once every three years on the need for the Act to continue in operation. As in previous reviews, the 2018...
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Changes to the ARPC Executive Team

Posted on 16 Apr 2018
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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Autumn Under the Cover newsletter published

Posted on 15 Mar 2018
ARPC's Autumn 2018 newsletter published 
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ARPC’s 2018 retrocession program helps cover Australian economy against terror attacks

Posted on 26 Feb 2018
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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An update on ARPC’s support for the Australia-New Zealand Counter Terrorism Committee’s ‘Crowded Places’ initiative

Posted on 19 Sep 2017
Support for ANZCTC ‘Crowded Places’ initiative as a risk mitigation tool One of Australian Reinsurance Pool Corporation’s strategic objectives is to “support and promote terrorism risk mitigation”. This is achieved through supporting and promoting initiatives which reduce the risk carried by ARPC and ultimately the Australian government. On 19 August 2017, the Australia-New Zealand Counter-Terrorism Committee (ANZCTC) published Australia’s Strategy...
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An update showcasing Kelly O’Dwyer MP, Minister for Revenue and Financial Services’ address to the ARPC-OECD Global Terrorism Risk Insurance Conference

Posted on 19 Sep 2017
Background On 7 October 2016, Kelly O’Dwyer MP, Minister for Revenue and Financial Services, addressed the ARPC-OECD Global Terrorism Risk Insurance Conference. Below is an excerpt of Minister O’Dwyer’s speech: Opening remarks On behalf of the Government of Australia, let me say how pleased I am to be able to participate in this important conference. With the first three global terrorism...
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An update announcing the publication of the 2016-17 ARPC Corporate Plan

Posted on 19 Sep 2017
31 August 2016 Publication of 2016-17 Corporate Plan On Monday 29 August, Australian Reinsurance Pool Corporation published the organisation’s 2016-2017 Corporate Plan. The Plan outlines ARPC’s strategic priorities for the financial year 2016-17 and beyond. It commences on 1 July 2016 and spans the three subsequent reporting periods to 30 June2020. We encourage our stakeholders to read our Corporate Plan...
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