Tag: ARC
Africa bearing the brunt of climate change, warns IPCC, but insurance solutions can help
The recent Intergovernmental Panel on Climate Change (IPCC) report has revealed a chilling forecast for Africa about the inevitability of more frequen [...]
Madagascar receives $1.5m from ARC and AfDB after cyclone Freddy
Representatives from the African Risk Capacity (ARC) Group and the African Development Bank presented two symbolic cheques to the govern [...]
Gambia receives US$187,641 insurance payment from ARC Ltd
The Gambian government has received an insurance pay out of US$187,641 following its participation in the African Risk Capacity (ARC) Group mechanism. [...]
African Risk Capacity Group and Djibouti government sign first multi-year, multi-peril agreement in Africa to protect most climate-vulnerable communities
The government of Djibouti has signed the first-ever multi-year, multi-peril agreement on the African continent with the African Risk Capacity Group ( [...]
Madagascar has contingencies to aid its swift recovery from devastating impacts of tropical cyclones
The unusually protracted journey tropical cyclone Freddy led across the Indian Ocean this past month was a stark reminder of the vulnerability African [...]
Burkino Faso, Mali and the Gambia set to receive US$15.4m in aid through ARC insurance
The United Nation’s World Food Programme (WFP) is preparing to support 490,000 people in Burkina Faso, The Gambia and Mali who were impacted by drough [...]
Tropical cyclones: stormy times ahead, warns Africa Risk Capacity
After Cyclone Idai hit in 2019, the Swiss Re Institute reported that the overall economic loss for Mozambique, Malawi and Zimbabwe was around $2bn, of [...]
ARC Ltd. tops the global table on ESG scores among insurers
Reinsurer African Risk Capacity (ARC) Limited has received the global insurance industry’s top overall environmental, social and governance (ESG) scor [...]
ARC launches its first product against high-impact epidemic risks
The Pan-African Risk Management Capacity (ARC) has launched a parametric insurance product against high-impact epidemic risks and Senega [...]
La Mutuelle panafricaine de gestion des risques lance son premier produit d’assurance paramétrique contre les risques épidémiques à fort impact
La Mutuelle panafricaine de gestion des risques (ARC) a annoncé aujourd’hui le lancement officiel du produit d’assurance paramétrique contre les risqu [...]