Tag: ARC
The triple Ms of re/insurance resilience
In the past ten years, ARC has covered more than 100 million Africans against natural disasters and paid, in timely manner, more than $125m in claims [...]
ARC hands US$14m to Malawi after drought
The African Risk Capacity Group has delivered a symbolic US$14.2m insurance payout cheque to the Malawi government after a drought in the southern Afr [...]
ARC Group hands over $3m cheque to Zambian government after extreme drought
Following extreme drought event during the 2021/2022 agriculture season, representatives from the African Risk Capacity Group and the African Developm [...]
Malawi government set to receive $14.2m insurance payout from ARC following drought
Drought-affected households in Malawi will receive swift relief of more than $14.2m with an upcoming climate insurance payout by African Risk Capacity [...]
Niger: Resilience possible via early-warning systems and insurance payouts
Drought is nothing new in Niger. In fact, the country has experienced repeated large-scale droughts regularly over the past two decades, leading to na [...]
Zambia: when crop dreams are crushed
The first quarter of 2022 has been marked by drought conditions in the southern parts of Africa, particularly Zambia. Here’s a look at the causes, per [...]
Drought-stricken Mali receives first-ever ARC Limited climate risk insurance pay-out
More than 204,000 vulnerable people in drought-affected regions of Mali will benefit from a $7.1m climate risk insurance payout by African Risk Capaci [...]
Storm season lashes Madagascar but help is on the way from insurers
Madagascar has been dealt wave after wave of devastating weather events in recent months. First, tropical storm Ana, then cyclone Batsirai, followed b [...]
Insurance comes to rescue in Mali and Madagascar after climate disasters
African Risk Capacity, through ARC Replica, has paid out $7.1m to drought-affected regions of Mali. The news comes days after ARC made payments in Mad [...]
NGOs use Africa Risk Capacity to protect Zimbabweans
A global network of humanitarian agencies has bought an innovative insurance policy in partnership with African Risk Capacity (ARC) and the government [...]