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TIME has named African Risk Capacity Limited (ARC Ltd.) CEO Lesley Ndlovu on its 2024 TIME100 Climate List, recognising him as one of the 100 most influential climate leaders in business. Lesley was selected for his leadership of the innovative hybrid mutual insurer and financial affiliate of the ARC Group, which has been pioneering parametric […]
...Hybrid mutual insurer African Risk Capacity Limited (ARC Ltd.) is taking a leading role at COP29, advocating for innovative disaster risk insurance solutions to build climate resilience in Africa. This year’s “Finance COP,” taking place in Baku, Azerbaijan, from 11-22 November, is focused on improving and increasing the delivery of climate finance to developing countries, […]
...The Government of Ghana has purchased its first-ever sovereign drought insurance policy, taking a significant step towards safeguarding its vulnerable communities and agricultural sector from potential drought. Through an inclusive, country-led process coordinated by the Global Shield Secretariat, the African Risk Capacity (ARC) Ltd. issued the policy for the benefit of the Government of Ghana, […]
...With Africa facing increasing climate impacts, closing the disaster risk insurance gap has become more critical than ever, as revealed at the recent African Risk Capacity (ARC) Ltd.’s Members’ Retreat. Held at the Park Plaza Westminster Bridge Hotel in London, the event brought together ARC Ltd. staff, members, partners, and other stakeholders to discuss challenges […]
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