ARC grows, diversifies, but keeping reinsurance expenses in check crucial: Ndlovu
African Risk Capacity Limited (ARC Ltd.), the financial affiliate and parametric insurance underwriting entity of the African Risk Capacity (ARC) Group, has commemorated its ten-year anniversary and said it has now paid out over $170 million in claims. “From covering 12.9 million people in 2014, we protected 26.4 million in 2023. We have also expanded […]
Australian investment giant Colonial First State said looking for cat bond deployment
Colonial First State, one of the largest Australian institutional investors, is looking to deploy some of its near US $100 billion of assets into the catastrophe bond market, according to a report from Bloomberg. Interest in insurance-linked securities (ILS) has been on the rise again among Australian pensions and managers of superannuation funds in recent […]
