Your search for “"Caribbean Catastrophe Risk Insurance Facility"”

All sixteen member governments of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) have renewed their hurricane and earthquake parametric insurance coverage for the 2013/2014 policy year which began on the 1st June. All members benefit from a premium discount for the upcoming policy year.

Roll-out has begun for a long-awaited excess rainfall parametric insurance product from the Caribbean Catastrophe Risk Insurance Facility (CCRIF), the catastrophe risk pooling facility who provide parametric based disaster insurance cover to Caribbean countries. The product has been in development for a number of years but the CCRIF is now in discussion with the donors […]

The Caribbean Catastrophe Risk Insurance Facility (CCRIF), the catastrophe risk pooling facility who provide parametric based disaster insurance cover to Caribbean countries, has announced the appointment of its first full-time Chief Executive Officer. As of the 1st January 2013, Mr. Isaac Anthony from Saint Lucia, a CCRIF board member of five years takes on the […]

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has published a report suggesting that hurricane Sandy has not triggered the facility for any of its member countries. Three members were hit by Sandy, with Jamaica being first, then Haiti was impacted by Sandy’s rains and finally the Bahamas was next in Sandy’s path. The CCRIF says […]

Countries in Asia have been discussing the possibility of creating a disaster and catastrophe insurance pool for the region for a number of years. One of the leading voices has been the Philippines, as a country particularly exposed to climate, weather and natural disasters, who have been investigating possible solutions and looking into alternatives such […]

Earlier this week we wrote that the Caribbean Catastrophe Risk Insurance Facility (CCRIF), the catastrophe risk pooling facility who provide parametric based disaster insurance cover to Caribbean countries, had finalised their renewals for the 2012-2013 policy year. All 16 of their member countries renewed their hurricane and earthquake cover and now the CCRIF are actively […]

While hurricane Irene resulted in losses and damages in six of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) member countries (Anguilla, Antigua & Barbuda, the Bahamas, Haiti, St. Kitts & Nevis and the Turks & Caicos Islands), the damages were not severe enough to trigger any payments under the terms of their CCRIF policies. The […]

Hurricane Irene continues to make her way across the Caribbean showing no sign of decreasing in size or strength. In fact just the opposite, hurricane Irene looks set to intensify further and grow in size as she crosses the warm waters of the northern Caribbean heading straight for the Turks & Caicos islands and the […]

The Caribbean Catastrophe Risk Insurance Facility (CCRIF), a non-profit multi-country risk pooling facility providing parametric hurricane and earthquake cover to Caribbean countries, has announced that it is making its Real-Time Forecasting System available to all of its members.

The Caribbean Catastrophe Risk Insurance Facility (CCRIF), a non-profit multi-country risk pooling facility who provide parametric hurricane and earthquake cover to Caribbean countries, has had to delay the launch of its long awaited excess rainfall insurance product.