ARC makes US$32m climate insurance payouts to assist people impacted by drought in Zimbabwe

Share!

Reinsurance News - Jul 05, 2024

The Government of the Republic of Zimbabwe has received an insurance payout of US$16. 8 million following its participation in the African Risk Capacity (ARC) Group disaster financing mechanism. For those who are not aware, the mechanism is designed to help African Union (AU) Member States plan, pre...

Read Full Article

Recommended Articles

HSB to protect small businesses with new cyber insurance & incident response solution

Posted: Oct 07, 2025

HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cy...

Nick Clay to lead Chubb’s Renewable Energy & Alternative Fuels Industry Practice

Posted: Oct 07, 2025

Global insurer Chubb has announced the appointment of Nick Clay as Renewable Energy & Alternativ...

Ransomware attacks to surge 40% by 2026 amid AI and cloud vulnerabilities: QBE

Posted: Oct 07, 2025

Ransomware attacks are predicted to escalate in the coming years, with the number of publicly named...