Asia Catastrophe Pool
The Asia Catastrophe Pool (ACP) is a risk initiative managed by ACR based on a sustainable, Asian-based, Asian-driven and Asian-wide risk-sharing concept for natural catastrophe exposures. It aims to provide a regional platform for catastrophe risk aggregation and management across the Pan-Asian region, extending from the Middle East, through China to Japan, and south to Australia and New Zealand.
As a catastrophe retrocession facility, ACP is designed to separate catastrophic from non-catastrophic risks and works on the basis of risk-sharing amongst Asian insurers and reinsurers with participation arranged through a Quota Share Agreement. This groundbreaking, pioneering initiative combines socio-economic and commercial rationale and the fundamental economic value proposition lies in the more efficient use of capital and risk diversification, providing mid- and long-term benefits to participating pool members and cedants.
ACP is accepting Natural Catastrophe Excess of Loss business. Non-Property business such as Motor Hull or Agriculture may be considered if coverage is for natural perils only.