ARC sets new record with $60m payout in 2022, pioneering climate resilience in Africa

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Reinsurance News - Sep 12, 2023

African Risk Capacity Limited (ARC Ltd), Africa’s pioneering sovereign parametric development insurer, has announced a groundbreaking achievement with a record total payout of US$60 million in 2022. This milestone marks the largest payout since the company’s establishment in 2014, unders...

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