African insurers pledge $14bn of cover to take up climate change fight

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Reinsurance News - Nov 15, 2022

A group of over 85 insurers in Africa have pledged to create a financing facility to provide $14 billion of cover to help protect 1.4 billion people within the continent against floods, droughts, and tropical cyclones. The commitment to create the African Climate Risk Facility (ACRF) was made during...

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