The ARC Group announces a USD 2.5 million insurance payout to the Togolese Republic’s recovery from drought
As the West and Central Africa region count the cost of the recurring drought events that have swept through parts of the region, particularly during the 2022 agricultural season, the African Risk Capacity (ARC) Group recently made an insurance payout of USD 2.5 million to the Government of the Togolese Republic to honour the conditions […]
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 […]
Ground-breaking MOU signed at COP27 sees global risk pools join forces to raise visibility and influence
Global risk pool MOU builds a framework for collaboration in the areas of advocacy, product development and capacity building… Sharm el Sheikh, 21 November 2022 – Strengthening the reach and impact of the world’s risk pools is the key objective of a Memorandum of Understanding between African Risk Capacity Limited (ARC Ltd.), CCRIF SPC (formerly […]
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 […]
ARC Limited hosts regional meeting to address role of insurance in fighting climate change impacts on African continent
Press Release issued by ARC Limited ARC Limited hosts regional meeting to address role of insurance in fighting climate change impacts on African continent Ecosystem of ARC Limited shares opportunities and challenges of working together to fight impacts of climate change ARC an instrument that can protect Africa’s most vulnerable against the worst impacts of […]
Fitch revises ARC Limited’s Outlook to Positive; affirms IFS Rating at ‘BBB+’
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 […]
