Annual Report 2023-24
As at 30 June 2024, 18 insurers had joined the cyclone pool, reinsuring 98 per cent of insured Home, close to 100 per cent of insured Strata and 87 per cent of insured Small-to-Medium Sized Enterprise properties.
ARPC had 225 insurer terrorism pool customers, with sums insured of approximately $4.4 trillion nation-wide for commercial property and business interruption.
The cyclone pool had $10.5 billion available for claims arising from a Declared Cyclone Event and paid $16.5 million in claims associated with five tropical cyclones events.