ARPC is an Australian public financial corporation and Treasury portfolio agency established in 2003 to provide terrorism risk reinsurance. From 1 July 2022, ARPC began operating as a reinsurance pool for cyclones and related flood damage, under the Terrorism and Cyclone Insurance Act 2003 (TCI Act).

ARPC supports insurers to deliver affordable terrorism and cyclone insurance in Australia. ARPC’s purpose is to “through reinsurance, improve the accessibility and affordability of insurance for the Australian community for terrorism and cyclone risk”.