Australia
Australia Title
Australian Reinsurance Pool Coorporation (ARPC)
Description Australia
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”.
News and Events Australia
News and Events
19 May 2026
Australian Reinsurance Pool Corporation (ARPC) has released its latest Premium Assessment, confirming the Cyclone Reinsurance Pool is continuing to improve insurance affordability and availability in Australia’s highest cyclone risk regions.
The report shows that average home insurance premiums in the highest cyclone risk areas have fallen by 37 per cent since October 2022, since the pool was introduced.
11 May 2026
ARPC has released an update on insured losses from declared tropical cyclone events from the 2025-26 season, providing an early view of loss development.
For the 2025-26 season, ultimate incurred losses are currently estimated at approximately $267 million[1], reflecting a central estimate of $195 million and a risk margin of $72 million. All numbers provided in this summary are unaudited actuarial reserving estimates.
1 May 2026
Australian Reinsurance Pool Corporation (ARPC) has released its latest quarterly Cyclone Reinsurance Pool statistics, showing continued growth in coverage and ongoing support for households and small businesses in cyclone-prone regions.
Statistics Australia
ARPC has analysed insurer quote data to assess the Cyclone Reinsurance Pool premiums against legislative objectives. Average policyholder premiums for the highest cyclone risk bands decreased by 38 per cent from pre-cyclone pool premiums to January 2024. Over the same period, quote success rates have increased for policies with high cyclone risk. This analysis suggests that the cyclone pool is improving insurance affordability and availability in high cyclone risk areas.
https://arpc.gov.au/