African Risk Capacity Named Muthengi Underwriting Chief
The insurer appointed Jackline Muthengi as its new Chief Underwriting Officer effective September 1, 2026.
Updated on Oct. 6, 2026 in People
African Risk Capacity Limited appointed long-term employee Jackline Muthengi to the role of Chief Underwriting Officer on September 1, 2026. She previously led underwriting and innovation efforts for the firm.
Why it matters
The appointment bolsters the organization's executive leadership as it scales financial protections against climate and disaster risks throughout Africa. This move follows the recent confirmation of David Maslo as the company's permanent Chief Executive Officer.
Jackline Muthengi has been with African Risk Capacity Limited since 2021, previously serving as the Head of Underwriting and Innovation. She now oversees a diverse portfolio covering drought, flood, cyclone, and epidemic risks.
The players
Jackline Muthengi
She serves as the Chief Underwriting Officer at African Risk Capacity Limited, where she leads the company's strategy for disaster and climate risk.
David Maslo
He is the permanent Chief Executive Officer of African Risk Capacity Limited, having been confirmed in his role in July 2026.
African Risk Capacity Limited
This organization provides financial protection and disaster risk insurance to nations across the African continent.
The details
In her new position, Muthengi is responsible for directing underwriting strategy and managing reinsurance placement for the firm. She plays a central role in managing risk solutions that provide financial protection against climate-related disasters across the African continent.
Timeline
Muthengi joined African Risk Capacity Limited in 2021.
David Maslo was confirmed as the permanent CEO in July 2026.
Muthengi assumed the Chief Underwriting Officer role on September 1, 2026.
Market Landscape
The appointment of a new underwriting head follows the broader industry trend of expanding climate-risk insurance mechanisms in emerging markets as firms seek to bolster resilience. This leadership shift positions the firm to better compete in the growing market for climate and disaster protection.
For stakeholders and partners, this leadership transition signals a commitment to consistency in the firm's underwriting strategy for disaster coverage. Clients relying on these risk solutions can expect continued management of their drought, flood, and epidemic protection portfolios.
The takeaway
This leadership update underscores the importance of specialized risk expertise in managing climate-related financial protection. Organizations operating in disaster-prone regions increasingly prioritize internal expertise to navigate complex reinsurance landscapes.
Further reading
For more on industry leadership changes, visit our People section.
