CCRIF’s Members in the Caribbean and Central America Renew Catastrophe Risk Insurance Policies Ahead of Another Active Hurricane Season

ANGLEC joined CCRIF in 2020, purchasing the newest product that offers coverage for electric transmission and distribution systems. CCRIF started operations in 2007 with 16 Caribbean member governments and just under US$500 million in coverage for tropical cyclones and earthquakes. Fourteen years later, CCRIF now offers five parametric insurance products to 23 members (19 Caribbean governments, 3 Central American governments and 1 electric utility).

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