After a hearing held on Friday in the Supreme Court of Bermuda, an order has been filed that sanctions th...
African Risk Capacity makes over $170m of parametric payouts in first 10 years
The African Risk Capacity (ARC), a provider of parametric disaster insurance products to countries and other entities in Africa, has now paid out more...
The African Risk Capacity (ARC), a provider of parametric disaster insurance products to countries and other entities in Africa, has now paid out more...
Article / 24 days ago
ARC gets US Gov backing to expand parametric insurance capacity in Africa
African Risk Capacity Limited (ARC Ltd.), the financial affiliate and underwriting entity of the African Risk Capacity (ARC) Group, has entered into a
African Risk Capacity Limited (ARC Ltd.), the financial affiliate and underwriting entity of the African Risk Capacity (ARC) Group, has entered into a
Article / 1 month ago
ARC teams up with Floodbase for parametric African flood insurance
African Risk Capacity Limited (ARC Ltd.) has entered into a partnership with insurtech Floodbase that will see the pair working to develop...
African Risk Capacity Limited (ARC Ltd.) has entered into a partnership with insurtech Floodbase that will see the pair working to develop...
Article / 5 months ago
China targets digital reinsurance trading in Shanghai
According to reports, the Chinese financial regulator and Shanghai government leaders have jointly announced the launch of a new reinsurance strategy that aims to bring digital trading of...
According to reports, the Chinese financial regulator and Shanghai government leaders have jointly announced the launch of a new reinsurance strategy that aims to bring digital trading of...
Article / 10 months ago
Rising property exposure the story of 2022's $125bn catastrophe losses: Swiss Re
Global reinsurance company Swiss Re has estimated that 2022 saw $125 billion of insured natural catastrophe losses, which the company explains was a story of...
Global reinsurance company Swiss Re has estimated that 2022 saw $125 billion of insured natural catastrophe losses, which the company explains was a story of...
Article / 1 year ago
ARC & Descartes team on first Djibouti multi-peril parametric policy
The African Risk Capacity (ARC), a provider of parametric disaster insurance products, has signed a first-of-its-kind multi-year, multi-peril...
The African Risk Capacity (ARC), a provider of parametric disaster insurance products, has signed a first-of-its-kind multi-year, multi-peril...
Article / 1 year ago
Parametric insurance gains momentum in Africa, but more to do: ARC’s Ndlovu
Parametric insurance products are slowly gaining momentum in Africa, but according to Lesley Ndlovu, CEO of the African Risk Capacity (ARC) Group's
Parametric insurance products are slowly gaining momentum in Africa, but according to Lesley Ndlovu, CEO of the African Risk Capacity (ARC) Group's
Article / 1 year ago
TehranRe sets up with ILS ambitions
A new reinsurer has been established in Iran's capital called Tehran Reinsurance Company, which launches with around USD 20 million of capital, and...
A new reinsurer has been established in Iran's capital called Tehran Reinsurance Company, which launches with around USD 20 million of capital, and...
Article / 2 years ago
Nat cats & climate change seen as rising business risks: Allianz
In the latest edition of the Allianz Risk Barometer, there is a clear sign of the increasing concern among business leaders over rising impacts from...
In the latest edition of the Allianz Risk Barometer, there is a clear sign of the increasing concern among business leaders over rising impacts from...
Article / 2 years ago
Enormous potential for cat bonds in Greater Bay Area: Hong Kong's Carrie Lam
Carrie Lam, Chief Executive of the Government of Hong Kong, sees "enormous potential" for catastrophe bonds and insurance-linked securities (ILS) to...
Carrie Lam, Chief Executive of the Government of Hong Kong, sees "enormous potential" for catastrophe bonds and insurance-linked securities (ILS) to...
Article / 2 years ago