Australian Reinsurance Pool Corporation
Carolyn Njenga, PhD, is an experienced professional in the fields of insurance risk management and actuarial studies. Currently serving as the Manager of Insurance Risk at the Australian Reinsurance Pool Corporation since March 2023, Carolyn has previously held key roles including Manager and Senior Analyst in Remediation at AIA Australia, as well as Senior Analyst and Analyst in Remediation at CommInsure. Carolyn's career also includes a significant position as Head of Financial Risk Management at the Commercial Bank of Africa and leadership roles at Strathmore University, where responsibilities included Academic Director and Adjunct Lecturer. Carolyn's academic credentials encompass a PhD in Actuarial Studies focusing on Longevity Risk from the University of New South Wales, and a Master of Science in Applied Statistics, along with a Bachelor of Science in Actuarial Science, both from Jomo Kenyatta University of Agriculture and Technology.
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Australian Reinsurance Pool Corporation
ARPC is a public financial corporation established by the Terrorism and Cyclone Insurance Act 2003 to administer the terrorism reinsurance scheme, providing primary insurers with reinsurance for commercial property and associated business interruption losses arising from a declared terrorist incident. ARPC also operates a reinsurance pool for cyclones and cyclone related flood damage which commenced on 1 July 2022. STRATEGIC PRIORITIES • Deliver reinsurance for eligible terrorism and cyclone losses. • Engage and understand our stakeholders, with a focus on insurer customers to improve community outcomes. • Develop data and insights on terrorism, cyclone and insurance climate risk to support risk mitigation. • Provide thought leadership to deliver risk insurance insights. • Be a high performing, inclusive, customer and risk focused culture. Please note: The Australian Government has strict guidelines on discrimination and intimidation. We encourage input and interaction on our social media channels. We take a strong stance on deleting content which is discriminatory, hateful or threatening and actions which may offend, insult, humiliate or intimidate. We also moderate comments or posts that promote commercial or political interests, unauthorised events, or radical ideologies. Comment removal is at the discretion of ARPC.