Malawi to receive parametric drought insurance payout from ARC

The African Risk Capacity (ARC) will make at least a US $14.2 million payout to benefit the people of Malawi, after the country’s parametric drought insurance coverage was triggered. The climate insurance pay-out will be made by African Risk Capacity (ARC) Limited to the Malawian government in June, after the country experienced its driest season […]

SBAI publishes responsible investment guidance for ILS funds

The Standards Board for Alternative Investments (SBAI) has published a new guidance document that covers responsible investment within the insurance-linked securities (ILS) fund management industry. The SBAI had already ramped up its focus on environmental, social and governance (ESG) alongside responsible investing within various asset management segments. This included the publication of toolkits to help […]