News

In less than two months’ time will take place the VII Regional Platform for Disaster Risk Reduction in the Americas and the Caribbean (RP21), the region’s most important disaster risk reduction event. It is anticipated that approximately 3000 persons will gather for this meeting, which will be held virtually for the first time with the aim of building more resilient economies in the region.

Grand Cayman, Cayman Islands, September 3, 2021. CCRIF SPC has made a payout of approximately US$2.4 million to the Government of Trinidad and Tobago following a rainfall event that occurred during August 18-20, 2021. Caused by an Inter-Tropical Convergence Zone, the heavy rainfall resulted in flooding and landslides across southern and western Trinidad, making several roads impassable.

Grand Cayman, Cayman Islands, August 18, 2021. CCRIF SPC will make a payout of approximately US$40 million to the Government of Haiti following the devastating magnitude 7.2 earthquake that struck Haiti on August 14th, 2021, significantly impacting the city of Les Cayes. This payout represents the full coverage limit under the country’s parametric insurance policy for earthquakes for the 2021/22 policy year. As CCRIF’s insurance policies are parametric, payouts are made within 14 days of an event.

  1. CCRIF Makes First Parametric Insurance Payouts of the 2021 Atlantic Hurricane Season
  2. CDC, CDEMA to begin detailed flood impact assessment
  3. Caribbean organisations, USAID sign MoU to fight climate change
  4. CCRIF’s Members in the Caribbean and Central America Renew Catastrophe Risk Insurance Policies Ahead of Another Active Hurricane Season

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