ARC Ltd Integrated Annual Report 2023

04 TEN-YEAR REVIEW TEN - YEAR REV I EW 2021 2023 2024 2019 2022 2020 • Total claims paid: $18.5 million • Number of people covered: 26.4 million • Burkina Faso, Côte d’Ivoire and Senegal rejoined the pool • Two African firsts: a multi-year, multi-peril product for Djibouti and a flood risk product +$16 million in total paid to Replica Partners in 2019 and 2020 • $26 million received by Senegal Côte d’Ivoire, Madagascar & Zimbabwe • Funds were used for early action to support more than 7 million drought-affected people in the 2019 agricultural season. • Number of payouts: 14 • Total claims paid: $60 million • Number of people covered: 18 million • Somalia and Comoros joined the pool • Africa’s first-ever flood risk, and outbreaks and epidemics products launched • Contingency fund created to cover risks below the insurance attachment points • $28 million in drought claims paid to Senegal, Madagascar & Zimbabwe • Tropical cyclone product launched • Gross written premiums increased by 30% from 2019 CELEBRATING 10 YEARS IN 2023 PAYOUTS WERE DISBURSED TO THE FOLLOWING COUNTRIES: NIGER $4.6 million Prolonged dry spells MADAGASCAR $797,049 Drought MALI $5.3 million Food assistance (WFP Replica partner) • $14.2 million drought claim paid to Malawi • Gross written premiums increased by 46% • Number of payouts: 14 totalling $59.6 million • $21.7 million drought claim paid to Mali • $10.7 million tropical cyclone claim paid to Madagascar

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