In a major step toward global collaboration on disaster risk finance, four Regional Risk Pools convened in Frankfurt in April 2025 for a CEO Summit hosted by Frankfurt School of Finance & Management, to put shared commitments into action – backed by a new €4.7 million grant supporting joint solutions, capacity building, and knowledge-sharing across continents.

Frankfurt, April 2025

The African Risk Capacity Limited (ARC Ltd.), CCRIF SPC (the Catastrophe Risk Insurance Facility of the Caribbean and Central America), the Pacific Catastrophe Risk Insurance Company (PCRIC), and the Southeast Asia Disaster Risk Insurance Facility (SEADRIF) have signed a landmark joint grant agreement with the Global Shield Solutions Platform (GSSP) for €4.7 million to advance the implementation of their Joint MoU signed in 2022. The grant agreement, signed on 9 April 2025, represents a significant step forward in strengthening collaboration among the Regional Risk Pools and underscores their shared commitment to strengthening financial resilience and promoting sustainable growth.