Central America & Caribbean Catastrophe Risk Insurance

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World Bank provides CCRIF funding to expand in LatAm

The World Bank (WB) has approved a $24 million loan transaction that enables Honduras and Nicaragua to enter into the Caribbean Catastrophe Risk Insurance Facility (CCRIF).The news comes days after the World Bank and the CCRIF completed their first ever cat bond, a $30 million deal that provides hurricane and read the full article →

Caribbean catastrophe risk facility seeks to expand to LatAm

The Caribbean Catastrophe Risk Insurance Facility (CCRIF), which was the world's first multi-country catastrophe risk pooling mechanism, is seeking to expand to include Latin American countries and has approached the World Bank for support.The CCRIF has initiated a project at the World Bank which if successful will see its member read the full article →