Sub-Saharan Africa's first parametric insurance initiative launched

By MEIR team | 05 May 2026

Sub-Saharan Africa (Source: Wikimedia Commons)

Africa Nigeria Property & Casualty Reinsurance Nat CAT

African Reinsurance Corporation (Africa Re), together with a consortium of insurers and development partners and the Lagos State Government, has launched the Lagos Flood Risk Insurance Policy, sub-Saharan Africa's first parametric flood insurance solution.

Africa eWeekly Newsletter is available to eAfrica subscribers only.

Please login to read the full news

Please Click here to subscribe to Africa eWeekly.

Name*

Email*

Comment*

Code Verification*

Enter the code shown above in the box below.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

Error : Object reference not set to an instance of an object.