Australian cyclone pool in full swing, set for 12x growth year two

The state-backed Australian Reinsurance Pool Corporation (ARPC), a mandatory pool for cyclone reinsurance, is near full swing at the onset of its second fiscal year from November, with earned premiums set to rise nearly 12 times for the pending fiscal year thanks to new program arrivals.

Already registered?

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk

More on this story

Insurance

Cyclone Friederike insured losses reach €1.63bn

17 April 2018 The re/insurance industry loss from extratropical cyclone Friederike (also called David) has reached €1.63 billion, according to Zurich-based catastrophe insurance data provider PERILS.

Insurance

Cyclone Herwart losses at €252m

11 December 2017 The insured property losses caused by extratropical cyclone Herwart that affected Austria and Germany in October are estimated to be at €252 million, according to data provider PERILS.

Insurance

Cyclone Debbie hits Northeast Australia

29 March 2017 Cyclone Debbie roared ashore in Queensland as the most powerful storm to strike Australia since Cyclone Yasi destroyed Queensland resorts, homes, and crops in 2011, according to catastrophe risk modelling provider AIR Worldwide.

Beat Capital targets SMEs with new MGA led by Hiscox, AIG veteran

Delegated business must ‘course-correct’ to avoid suboptimal underwriting: Lloyd’s

QBE snares AIG veteran to lead Portuguese and Spanish expansion

London Market Group taps Aon’s Global Broking Centre for board seat

Troubled insurtech unicorn lures Allianz AGCS CEO for top role

Central European flood losses after storm Boris to hit billions, analysts predict

Tokio Marine expands marine special risks team with expert from Howden

RT Specialty shakes up specialty lines leadership

Australian cyclone pool in full swing, set for 12x growth year two

More on this story

Editor's picks

Editor's picks

More articles