ARC makes $5.4m parametric payout to support Mozambique’s climate disaster response

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Reinsurance News - Oct 20, 2025

In response to recent climate disasters, the 2024/25 drought and Tropical Cyclone Chido, the African Risk Capacity (ARC) Group made a combined parametric insurance payout of $5.4 million to the Government of the Republic of Mozambique and the World Food Programme (WFP). The Government of Mozambique...

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