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

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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...

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