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ARPC Financial Outlook Report 2024

ARPC’s 2024 Financial Outlook Report

As at 30 June 2024, the cyclone pool was close to having full coverage of eligible insured properties, reinsuring 98 per cent of Home, close to 100 per cent of Strata, and 87 per cent of small to medium enterprises (SME) properties. Coverage will reach 100 per cent with the final remaining eligible insurers joining by 31 December 2024.

The FOR 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 pool’s financial outlook. The overall financial outlook for the pool remains consistent with what was expected when it commenced.

 

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Insurer customer logins to ARPC

Terrorism Insurer Portal (PACE)

PACE is ARPC’s new Terrorism Reinsurance Pool (terrorism pool) insurer customer portal, which allows terrorism pool insurer customers to lodge their company information in a secure and user-friendly environment.

Cyclone Insurer Portal (PACE)

PACE is ARPC’s Cyclone Reinsurance Pool (cyclone pool) insurer customer portal, which allows cyclone pool insurer customers to lodge their company information in a secure and user-friendly environment.