Australian Reinsurance Pool Corporation
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The Australian Reinsurance Pool Corporation (ARPC). The ARPC was established by the Terrorism Insurance Act 2003 to operate the Australian Government's terrorism risk insurance scheme. Through the ARPC, insurers are able to reinsure their exposure to liability, under eligible insurance contracts, for losses arising from declared terrorist incidents.[1]
[edit] References
- ^ Organisation for Economic Co-operation and Development (2005), Terrorism Risk Insurance in Oecd Countries, ISBN 9264008721