Dr Christopher Wallace, BEc (Hons), PhD (Econ), AMP (INSEAD), ANZIIF Fellow CIP, GAICD; Chief Executive, Australian Reinsurance Pool Corporation (ARPC) has been appointed as IFTRIP President.
Chris has been CEO of ARPC since December 2013. He is an insurance executive with experience in general insurance, workers compensation, health insurance and reinsurance. He has worked extensively in insurance underwriting and claims management roles within insurers and as a consultant to the insurance industry.
Through his role with ARPC, Chris is also a member of the OECD High Level Advisory Board for the Financial Management of Large-Scale Catastrophe Risks.
Chris has a doctorate in economics, specialising in general insurance pricing and general insurance strategy. He is a fellow of the Australian and New Zealand Institute of Insurance and Finance, a Certified Insurance Professional, and a Graduate of the Australian Institute of Company Directors.
ARPC is a public financial corporation established by the Australian Terrorism Insurance Act 2003 to administer the Australian terrorism reinsurance scheme, providing primary insurers with reinsurance for commercial property and associated business interruption losses arising from a declared terrorist incident. As at June 30, 2019, the ARPC scheme had AUD$13.6 billion funding available for claims, including a AUD$3.315 billion reinsurance program and AUD$10 billion solvency guarantee provided by the Australian Government.