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African Risk Capacity Limited (ARC Ltd.), the parametric insurer and financial affiliate of the ARC Group, is celebrating its 10th anniversary. Since being founded in 2014 with the sole and unique mandate from the African Union Heads of States to provide insurance and other risk transfer solutions to African countries, ARC Ltd. has pioneered climate […]
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Five exceptional African students are set to become sustainability changemakers as the first recipients of fully funded climate change scholarships from African Risk Capacity (ARC) Limited and Milliman Inc. The Africa Scholarship Programme aims to empower the next generation of leaders to drive solutions to Africa’s climate threats. The recipients stood out among 15 finalists […]
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African Risk Capacity Limited (ARC Ltd.) and the United States Government (USG) have entered into a landmark US$11.7 million partnership to safeguard food security and strengthen climate resilience in Africa by increasing access to parametric insurance. The project aims to protect vulnerable smallholder farmers facing increasing climate change-related disasters while assisting African governments to better […]
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African Risk Capacity (ARC) Limited’s integrated annual report shows high impact despite a challenging year for insurance. A record total payout of US$60 million in 2022 is among the highlights detailed in ARC Ltd.’s integrated annual report, together with significant strides in innovation to safeguard African nations from the increasing risks associated with climate change. […]
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