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African Risk Capacity Limited awarded top ESG score in the insurance industry

African Risk Capacity (ARC) Limited has received the global insurance industry’s top overall environmental, social and governance (ESG) scores. Conducted by Sustainalytics, a leading ESG research, ratings and data firm, the evaluation is a comprehensive assessment of an organisation’s preparedness to meet future risks and opportunities linked to ESG factors, such as climate change, regulatory […]

Parametric insurance: an effective tool in helping Africa fight climate change

Press Release issued by ARC Ltd. Parametric insurance: an effective tool in helping Africa fight climate change JOHANNESBURG, 1 NOVEMBER 2022 – Africa loses as much as 15% of its gross domestic product per capita, every year, due to the impact of climate change. The socio-economic and environmental damage of drought, floods and cyclones further […]

Opinion: Bridging the finance gap that impacts how Africa funds resilience, By Michel Jarraud

MEDIA RELEASE Bridging the finance gap that impacts how Africa funds resilience By Michel Jarraud, Secretary General Emeritus World Meteorological Organization and Board Member of African Risk Capacity (ARC) Ltd. A growing climate emergency and its intensifying toll on African soil make climate adaptation and early warning systems critical focus areas in building resilience on […]

ARC Ltd. releases Integrated Annual Report highlighting activities of Africa’s first sovereign parametric development insurer

Press Release issued by ARC Ltd. ARC Ltd. releases Integrated Annual Report highlighting activities of Africa’s first sovereign parametric development insurer Year of impact revealed in Integrated Annual Report outlining policies, pay outs and partnerships which protect Africa’s most vulnerable against the vagaries of extreme weather JOHANNESBURG, 14 SEPTEMBER 2022 – Over 18m individuals covered […]

Fitch revises ARC Limited’s Outlook to Positive; affirms IFS Rating at ‘BBB+’

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Press Release issued by ARC Limited Fitch revises ARC Limited’s Outlook to Positive; affirms IFS Rating at ‘BBB+’ Fitch rating reflects ARC Limited’s strong capitalisation and good company profile ARC Limited’s enhanced development activities likely to increase its importance JOHANNESBURG, 27 JULY 2022 – Fitch Ratings has revised African Risk Capacity (ARC) Limited’s Outlook to […]

Madagascar receives US$797,049 from the African Risk Capacity Group and the African Development Bank for Drought Response

Madagascar

Madagascar receives US$797,049 from the African Risk Capacity Group and the African Development Bank for Drought Response From left to right : General Mamy RAZAKANAIVO, Executive Secretary of Emergency Prevention and Management Unit (CPGU)/Prime Minister’s Office; Mr Koffi KONIN, Head of Government Services for East and Southern Africa, a.i., ARC; H.E. David ASHLEY, UK Ambassador to […]