Anguilla receives $4.28m payout from CCRIF for Hurricane Earl damage

Demonstrating exactly why facilities like the Caribbean Catastrophe Risk Insurance Facility (CCRIF) are good for developing countries, the CCRIF has made good on its obligation to pay Anguilla speedily for the damage caused to it by hurricane Earl. The government of Anguilla received a payment of just over $4.28m yesterday. That's read the full article →

CCRIF to make payout after hurricane Earl hits Caribbean

Hurricane Earl passed close enough to the Caribbean island state of Anguilla yesterday to trigger a payment under the Caribbean Catastrophe Risk Insurance Facility (CCRIF). Early reports suggest that Earl, a major Category 4 hurricane, blew roofs off buildings in Anguilla, downed power lines and caused beach erosion and flooding read the full article →