ARC returns to profit in 2023 as product expansion continues

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Reinsurance News - Aug 12, 2024

African Risk Capacity (ARC) Ltd., the parametric insurer and financial affiliate of the ARC Group, has released its 2023 annual report, revealing a net profit of $13 million, a significant recovery from a $29 million loss over the past two years. According to the firm, the net profit was largely dri...

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