About us

Australian Reinsurance Pool Corporation

ARPC is a public financial corporation and Treasury portfolio agency established in 2003 to provide terrorism risk reinsurance.

From July 1, 2022, ARPC began operating a reinsurance pool for cyclones and related flood damage, under the Terrorism and Cyclone Insurance Act 2003 (TCI Act).

Terrorism Pool

The Terrorism Reinsurance Pool (terrorism pool) was established in 2003 following the 11 September 2001 terrorist attacks in the United States and the withdrawal of terrorism cover by insurers.

Insurers can reinsure the risk of claims for eligible terrorism losses by entering into a reinsurance agreement with ARPC.

Cyclone Pool

The Australian Government legislated for a reinsurance pool for cyclones and related flood damage called the Cyclone Reinsurance Pool (cyclone pool). The cyclone pool is designed to make property insurance more affordable for households and small businesses by reducing the cost of reinsurance, a significant cost component of these policies.

The cyclone pool targets support to high and medium risk cyclone-prone areas Australia-wide. ARPC has operated the cyclone pool since 1 July 2022.

Cyclone Pool Premium Rates

ARPC extended a further period of consultation on the initial premium rates for the cyclone pool. 

The additional consultation period closed on 31 July, with the revised rates now published.

Palm trees in suburbs during cyclonic weather

The Cyclone Reinsurance Pool explained

In this section you will find information, a fact sheet, and Frequently Asked Questions about how the cyclone pool works for homeowners, strata, and small businesses in cyclone prone areas.

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Insurer customer logins to ARPC

Terrorism Insurer Portal (RISe)

RISe is ARPC’s 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.