Customers & Industries: African Risk Capacity Industry: Insurance/Reinsurance Product(s): @RISK Application: Assessing Catastrophic drought Risk Summary @RISK has been an important tool in the creation of African Risk Capacity Insurance Company Limited (ARC Ltd), Africa’s first sovereign catastrophe insurance risk pool. ARC Ltd has been using @RISK software since it was first set up in 2013 to support complex modelling of drought losses across Africa for insurance and reinsurance pricing purposes as well as dynamic financial analysis to model ARC Ltd’s long-term financial sustainability. @RISK Summary Home Customers & Industries African Risk Capacity Reinsurance focuses on transferring tail risk, which is the risk of very rare but severe events occurring. “ ” ARC Ltd uses @RISK to Inform C

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