Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Low uptake hampers African Risk Capacity's insurance program

February 18, 2019 Reprints

Mohammed Beavogui, director-general of South Africa-based African Risk Capacity Ltd., said that only eight of the 34 founding countries signed up for its disaster insurance program, The East African reported. Mr. Beavogui said that none of the countries in East Africa have signed up for the program, potentially hampering payouts to cover catastrophes. The African Risk Capacity paid $25 million to cover drought-related losses in Niger, Mauritania and Senegal in 2017, he added.

Help

Low uptake hampers African Risk Capacity's insurance program

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources