African Risk Capacity to double coverage

Catastrophe insurance pool African Risk Capacity (ARC) is
planning to double the insurance coverage it offers by opening up
to UN agencies and non-governmental organisations.
The pool already offers nine governments about $180mn of
coverage and it hopes other organisations will take out cover to
match this existing limit.
ARC aims to provide $850mn of cover direct to sovereigns by
2020, which it said could almost double to $1.5bn including
"replica coverage" bought by other organisations.
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