Kingdom of Lesotho receives payout under ARC sovereign drought parametric policy

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Reinsurance News - Aug 28, 2025

African Risk Capacity Limited (ARC), a specialised agency of the African Union, has issued an insurance payout of $2,767,958 to the Government of the Kingdom of Lesotho, after its sovereign drought insurance policy for the 2024/25 agricultural season was triggered. This payout was made possible by t...

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