Tag: African Risk Capacity


ARC launches parametric flood product in Africa

June 19, 2023

Via: Reinsurance News

The African Risk Capacity (ARC) Group has launched a parametric insurance product aimed to help African countries cope with the devastating effects of flooding. This mechanism will provide countries with predictable and rapid financing for early response to cope with […]

Geo-Political, Risk Management

German Gov commits €18m to subsidize ARC climate cover

November 5, 2021

Via: Reinsurance News

Alongside the United Nations 2021 United Nations Climate Change Conference (COP26), the Government of Germany has committed €18 million to subsidize the cost of disaster risk insurance for qualifying African Risk Capacity (ARC) Group Member States. In a statement, the […]