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Media Releases

ARPC Board update

Posted on 07 Jul 2016
Australian Reinsurance Pool Corporation (ARPC) announced the completion of Ms Marian Micalizzi’s term as a Member of the ARPC Board on 30 June 2016.Marian was appointed as an inaugural member of the Board on 1 July 2003, at the time of ARPC’s inception, and has been ARPC’s longest serving Board member.“Marian Micalizzi has been a Member of the ARPC Board since the...
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ARPC announces new appointments

Posted on 19 Apr 2016
Dr Chris Wallace, Chief Executive Officer of the Australian Reinsurance Pool Corporation, (ARPC) has today announced three senior appointments including: John Park as Chief Financial Officer; Joshua Everson as General Manager – Governance, Risk and Compliance; and Alison Savary as Manager – Finance. The appointments will complete the transfer of ARPC’s office from Canberra to Sydney.John Park was most recently...
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ARPC welcomes Northern Australia Insurance Premiums Taskforce report

Posted on 14 Mar 2016
The Australian Reinsurance Pool Corporation welcomes the Final Report of the Northern Australia Insurance Premiums Taskforce released by the Minister for Small Business and Assistant Treasurer, the Hon Kelly O’Dwyer MP on 04 March. The Taskforce was established to explore the feasibility of options to reduce insurance premiums in northern Australia, where cyclone risk has caused affordability concerns. Dr Christopher...
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ARPC’s retrocession program helps cover Australian economy against terror attacks

Posted on 16 Feb 2016
Australia’s terrorism reinsurer, the Australian Reinsurance Pool Corporation, has successfully renewed its retrocession program for the 2016 calendar year. The new $2.9 billion retrocession program plus ARPC’s capital and the $10 billion Commonwealth Guarantee, increases scheme capacity to more than $13.4 billion and requires $3.4 billion in insured losses before the Commonwealth Guarantee is exposed to claims from terrorism events.“ARPC...
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Premiums Direction 2015

Posted on 23 Dec 2015
Kelly O'Dwyer, Minister for Small Business and Assistant Treasurer, has provided a Ministerial Direction under the Terrorism Insurance Act 2003 to the Australian Reinsurance Pool Corporation outlining reinsurance premium increases and detailing how they will be calculated.
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2015 ARPC Triennial Review report released

Posted on 15 Dec 2015
The final report of the 2015 Triennial Review into the Australian Reinsurance Pool Corporation has been released today by the Treasury. ARPC CEO Dr Christopher Wallace welcomed the Review report and the certainty it provides for the ARPC and for the administration of terrorism risk insurance in Australia. “Treasury commissioned an extensive review of the global terrorism insurance market and...
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ARPC Chair re-appointed

Posted on 14 Dec 2015
The Minister for Small Business and Assistant Treasurer, the Hon Kelly O’Dwyer MP, today announced the reappointment of Ms Joan Fitzpatrick as the part-time Chair of the Australian Reinsurance Pool Corporation (ARPC) for a further 18 months. Ms Fitzpatrick has been Chair of the ARPC Board since January 2013 and was previously a board member of the ARPC. Ms Fitzpatrick...
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ARPC Board update

Posted on 02 Jul 2015
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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