Tag: Africa

Financial, Risk Management

ARC sets new record with $60m payout in 2022, pioneering climate resilience in Africa

September 12, 2023

Via: Reinsurance News

African Risk Capacity Limited (ARC Ltd), Africa’s pioneering sovereign parametric development insurer, has announced a groundbreaking achievement with a record total payout of US$60 million in 2022. This milestone marks the largest payout since the company’s establishment in 2014, underscoring […]