Tag: drought

Risk Management, Trends

ARC makes US$32m climate insurance payouts to assist people impacted by drought in Zimbabwe

July 5, 2024

Via: Reinsurance News

The Government of the Republic of Zimbabwe has received an insurance payout of US$16. 8 million following its participation in the African Risk Capacity (ARC) Group disaster financing mechanism. For those who are not aware, the mechanism is designed to […]