CCRIF Makes First Parametric Insurance Payouts of the 2021 Atlantic Hurricane Season

Since the inception of CCRIF in 2007, the Facility has made 52 payouts totalling US$202.5 million to 16 of its 23 members, with the Government of Haiti receiving 4 payouts totalling US$38.3 million and the Government of Barbados receiving 7 payouts totalling US$21.8 million. These two countries have received about 30 per cent of CCRIF’s total payouts.

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