The Bill amends the Act to establish a framework for the ARPC to implement a cyclone and related flood damage reinsurance pool for the purposes of improving insurance access and affordability for households and small businesses in cyclone-prone areas of Australia.
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ARPC offices are located on the land of the Gadigal people of the Eora Nation.
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PACE Cyclone 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.
PACE Terrorism 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.