Malawi Gets Insurance Payout of $11.2 Million for El Niño-Linked Drought Disaster August 21, 2024 The Malawian government has received an insurance payout of $11.2 million for a crippling El Niño-linked drought that led the...
Zimbabwe Gets $32 Million in Drought Insurance From Agency of African Union July 5, 2024 By Godfrey Marawanyika Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout...
Zimbabwe to Get Over Half of $60 Million Payout for El Niño-Hit African Nations May 20, 2024 By Ray Ndlovu Zimbabwe will get over half of an expected $60 million insurance pay out meant for four African nations as it...
El Niño Sees African Union Insurance Agency Pay Out $60 Million May 7, 2024 By Antony Sguazzin The African Union’s climate insurance agency will pay out at least $60 million to four southern African nations to help...
El Niño to Trigger Drought Insurance Payouts in Four Southern African Countries April 18, 2024 By Antony Sguazzin A drought driven by the El Nino weather pattern is likely to trigger insurance payouts to four southern African countries...
Climate Tech Firm to Pilot Fast-Paying Flood Insurance in Africa March 1, 2024 By Leslie Kaufman Climate change is particularly perilous for small farmers. Warmer conditions are resulting in more damaging bouts of rain and drought,...
Update: Parametric Catastrophe Pool, CCRIF, to Provide Rapid Payout for Bahamas After Dorian September 5, 2019 By Eric Roston Some of the first financial relief the Bahamas receives in the aftermath of Hurricane Dorian may be a rapid insurance...
New Insurance Products Could Cut Natural Disaster Costs in Poorer Nations: Report July 12, 2017 New types of insurance could cut the costs of natural disasters for poorer countries and reduce the amount of humanitarian...
Africa’s Disaster Resilience Is Focus of New African Risk Capacity Partnership March 9, 2017 The African Risk Capacity (ARC) has teamed up with the African Development Bank (AfDB) to help African nations strengthen their...
Willis to Help Mobilize Global ‘Resilience Modelling & Mapping Forum’ for Nat Cat October 8, 2015 Willis Group Holdings is providing $1 million to help mobilize a global “Resilience Modelling and Mapping Forum” to address natural...