Printed from BusinessInsurance.com

African Risk Capacity to launch climate cat bond

Posted On: Oct. 24, 2019 6:25 AM CST

South Africa-based insurer African Risk Capacity is preparing for the launch of its climate change catastrophe bond facility, Artemis reports. Extreme Climate Facility (XCF) will issue cat bonds to help African nations transfer climate change-related exposure to the capital markets.

Read more.