ARC pays $11.6m as drought triggers Malawi’s parametric insurance
The African Risk Capacity (ARC) Group, a provider of parametric disaster insurance products and risk pooling for countries and other entities in Africa, has made just over $11.6 million in payouts to Malawi and a replica partner the United Nations High Commissioner for Refugees (UNHCR) after drought triggered its parametric insurance there. The Republic of […]