The Australian Reinsurance Pool Corporation (ARPC) has secured terrorism retrocession cover of $1.41bn for the 2026 calendar year. This retrocession arrangement is a key part of ARPC’s risk management framework, spreading large exposures across multiple reinsurers to protect net assets after a terrorism incident. The 2026 renewal includes a lower retrocession limit of A$2bn and a deductible of A$500m, reflecting market conditions and legislative changes. CEO Christopher Wallace emphasized that this placement aims to strengthen ARPC’s financial resilience and maintain confidence in the scheme. The terrorism pool is supported by ARPC’s net assets and a A$10bn Commonwealth guarantee.

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