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AUSTRALIAN REINSURANCE POOL CORPORATION ABN 74 807 136 872REINSURANCE AGREEMENT FOR TERRORISM Misinformation Guide December 2016Legal103292977.2Table of Contents 1. Reinsurance Period ..................................................................................................
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To fill out the Australian Reinsurance Pool Corporation, follow these steps:
02
- Begin by providing your personal and contact information, such as your name, address, phone number, and email.
03
- Specify the type of insurance or reinsurance business you are engaged in.
04
- Provide details about your existing portfolio and the reinsurers you work with.
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- Indicate if you have previously been a member of the Australian Reinsurance Pool Corporation.
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- Complete the financial information section, including your annual gross earned premium, net earned premium, and net assets.
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- Declare any applicable exemption from holding capital (if applicable).
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- Review and finalize the application form, making sure all the information is accurate and complete.
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- Sign the form and submit it along with any required supporting documents, such as financial statements or licenses.
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Who needs australian reinsurance pool corporation?

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The Australian Reinsurance Pool Corporation is needed by insurance and reinsurance companies operating in Australia, particularly those involved in the terrorism insurance business.
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In order to provide terrorism insurance coverage to their clients, insurance companies need to participate in the Australian Reinsurance Pool Corporation.
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This government-backed scheme ensures that insurers have access to reinsurance for terrorism-related risks, which may be otherwise difficult to find or obtain.
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By joining the Australian Reinsurance Pool Corporation, insurers can enhance their ability to provide terrorism insurance and protect their policyholders against potential terror-related losses.
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The Australian Reinsurance Pool Corporation (ARPC) is a statutory authority that provides reinsurance for terrorism related losses in Australia.
Insurance providers in Australia that offer terrorism coverage are required to participate in the ARPC scheme and file the necessary information.
Insurance providers can fill out the necessary information for the ARPC scheme through the online portal or by submitting the required documents via mail or email.
The purpose of the ARPC is to provide a backstop for insurers in the event of large terrorism-related losses, ensuring the availability of affordable coverage for businesses and property owners.
Insurance providers must report details of their terrorism coverage business, including premiums collected and losses incurred, to the ARPC.
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