Africa's first

parametric development insurer
for climate risks

Founded in 2014, the African Risk Capacity Limited (ARC Ltd.) is a hybrid mutual insurer and financial affiliate of the African Risk Capacity Group

 

 

 

Protecting Africa’s Key Development Sectors

Agriculture
Agriculture & Food Security
Social
Social Protection
Humanitarian
NGOs & Humanitarian Response
san
Health
ed
Education
Infrastructure
Infrastructure
en
Energy
migr
Migration & Refugees
natu
Natural Assets

Our 2030 Vision

To cover all 55 African Union countries and the 700 million people whose economic livelihoods and lives are at risk due to climate change

ARC Ltd. provides parametric insurance services to AU Member States and farmer organisations, employing innovative financing mechanisms to pool disaster-related risk across Africa and transferring it to international risk markets.

In so doing, it improves the continent’s response to climate-related disasters and contributes to resilience building and ultimately to food security.

Efforts are ongoing to ensure the ARC product portfolio is reflective of the needs of Member States and provides progressive solutions to weather-related disasters.

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Countries participating
$ 0 M

Total claims paid out since 2014

$ 0 M
Our gross written premiums
$ 0 B
in insurance coverage
0 M
Africans covered
0
Policies issued

WELCOMED

New Replica partner

Our Footprint

Our Member States

ARC Group expanded its footprint to 39 member states and signed Memoranda of Understanding with 29 countries. By 2034, we intend to have reached our goal of covering all 55 African Union countries. Countries that complete the Group’s capacity-building programme, receive a certificate of good standing, and become eligible to join ARC Ltd.’s risk pool. 
 
Countries joining the insurance risk pool in any given year are classified as ARC Ltd. Class A members. Governments must keep their premium payments current to retain their status as such. They also need to have a Board-approved contingency plan in place that details how payouts will be used following a disaster. We mandate all member states to use our proprietary Africa RiskView (ARV) platform, which converts satellite rainfall data into meaningful disaster risk measurements and indexes. By meeting these obligations, member states gain access to extensive disaster risk tools and support.

Reports & Downloads

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Our Partners

Fight against climate change in Africa.

Dutch Government
unhcr