Drought-affected West Africa to benefit from ARC insurance payout via WFP

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Reinsurance News - Feb 17, 2023

The United Nation’s World Food Programme (WFP) has received $15.4m worth of insurance payouts from African Risk Capacity (ARC) Limited to help 490,000 people in West Africa impacted by drought in 2022. The ARC was established in 2021, it is a provider of parametric disaster insurance products to cou...

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