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UWI Seismic receives Grant
The UWI Seismic Research Centre receives CCRIF grant towards new equipment for monitoring La Soufrière The UWI St. Augustine, Trinidad & Tobago. Thursday, April 15, 2021— The UWI Seismic Research Centre (UWI-SRC) has received a grant from the Caribbean Catastrophe…
CCRIF Scholarships for Academic Year 2021/22 open to Caribbean Nationals
Call for Applications Now Open! Wednesday, March 24, 2021 — Grand Cayman, Cayman Islands – The Caribbean Catastrophe Risk Financing Facility (CCRIF SPC) is now inviting applications from citizens of CARICOM member countries and CCRIF member countries in the Caribbean for studies in…
The Bahamas’ Insurance policy with CCRIF triggers following Hurricane Dorian
Grand Cayman, Cayman Islands, September 6, 2019. CCRIF will pay The Bahamas approximately eleven million United States dollars (US$10,936,103) following the passage of Hurricane Dorian that caused widespread devastation in the northern part of the 700-island archipelago. The Bahamas has…
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Student volunteers join OECS and CCRIF SPC to continue flood mitigation works in the Malgretoute community, Saint Lucia
Mango, Cocoa and Chestnut trees were planted along the Fond/Malgretoute riverbank to prevent further soil erosion Wednesday, August 14, 2019 — The OECS Commission and the Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC) are continuing efforts to reduce flooding and strengthen resilience in…
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Hurricane Kirk rainfall triggers $5.8m Barbados payout from CCRIF
By Charlie Wood From Reinsurance News CCRIF SPC, a segregated portfolio company owned operated and registered in the Caribbean, has announced that Barbados is to receive a $5.8 million payout due to heavy rainfall that occurred during the passage of…
CCRIF SPC welcomes St. Maarten to the Facility
Thursday, September 6, 2018 — CCRIF SPC is pleased to announce that St. Maarten has joined CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility), purchasing coverage for tropical cyclones, earthquakes and excess rainfall. St. Maarten joined the Facility on…
Haiti to get Caribbean Development Bank support for CCRIF premiums
From Artemis The Caribbean island nation of Haiti is to receive grant funding to help pay its premiums for parametric insurance cover from the CCRIF SPC (formerly known as the Caribbean Catastrophe Risk Insurance Facility). The Caribbean Development Bank (CDB)…
ECCB Governor appointed Chairman of CCRIF SPC
Monday, July 2, 2018 — Eastern Caribbean Central Bank (ECCB) Governor, Mr. Timothy Antoine, has been appointed as Chairman of the Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC) effective July 1, for a 3-year term. Mr. Antoine succeeds Mr. Milo…
CCRIF welcomes two new members: British Virgin Islands and Montserrat
Thursday, June 14, 2018 — The Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC) is pleased to announce that the British Virgin Islands and Montserrat have joined the facility and purchased coverage for the 2018/19 policy year beginning June 1st. Both…
Insurance for small islands in the Caribbean: The Caribbean Catastrophe Risk Insurance Facility (CCRIF)
From Insure Silence In September 2017, Hurricanes Irma and Maria caused severe devastation in the Caribbean: on the island of Barbuda, 95 per cent of all buildings were destroyed. Thousands of people in the Caribbean lost their homes. Such events…
