Cyclone Reinsurance Pool

Strata Community Insurance to enter Cyclone Reinsurance Pool In response to insurance affordability concerns in Northern Australia, the Australian Federal Government introduced the Cyclone Pool, administered by the Australian Reinsurance Pool Corporation (ARPC). The Government then passed in 2022 the Cyclone and Flood Damage Reinsurance Pool bill. The Pool is backed by a $10 billion … Read more