CCRIF makes US$260,000 payout to Belize in face of Hurricane Earl
Grand Cayman, Cayman Islands — CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) paid US$261,073 to the Government of Belize under its excess rainfall insurance policy last Thursday, two weeks after heavy rains brought by Hurricane Earl drenched the…
Caribbean governments now insured against excess rainfall
From Caribbean Catastrophe Risk Insurance Facility Grand Cayman, Cayman Islands, August 4, 2014 – The Caribbean Catastrophe Risk Insurance Facility (CCRIF) is pleased to announce that eight of its members have become the first countries to purchase its excess rainfall…
Caribbean and Central American countries teaming up for seismic and climate catastrophe risk coverage
From World Bank Since its creation seven years ago, CCRIF has made eight payouts amounting to US$32 million to help countries manage budget volatility in the aftermath of recent natural hazards. Nine countries in Central America and the Caribbean experienced…
CCRIF expands scholarship programme
Grand Cayman, Cayman Islands, April 8, 2013 – The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has expanded its scholarship programme to include Caribbean universities – in addition to those in the United States, United Kingdom and Canada, previously available under…