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The Government of the Republic of Madagascar and World Food Programme receive $1.5 million insurance payout for Tropical Cyclone Freddy recovery efforts

Antananarivo, 26 April 2023 – Representatives from the African Risk Capacity (ARC) Group and the African Development Bank presented two symbolic cheques to the Government of the Republic of Madagascar and World Food Programme for a combined insurance payout of $1.5 million to support the country’s recovery from Tropical Cyclone Freddy. This payout includes $1.2 […]

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 […]

Malawi receives climate risk insurance pay-out to help drought-affected households

Press Release issued by ARC Limited Malawi receives climate risk insurance pay-out to help drought-affected households Malawi Government chose cluster policies to cover different regions from drought WFP Malawi receives US$14.2m pay-out following driest season since 1981 JOHANNESBURG, 08 JUNE 2022 – Drought-affected households in Malawi will receive swift relief with an upcoming climate insurance […]