1 INTRODUCTION This event briefing describes the impact of rainfall on the central region of The Bahamas (The Bahamas – Central), which was associated with a Covered Area Rainfall Event (CARE) from...
Caribbean Catastrophe Risk Insurance Facility (CCRIF) Updates
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Antigua and Barbuda + 3 more
FirstCaribbean International ComTrust Foundation provides US$80,000 to CCRIF SPC to enhance disaster preparedness among member governments
Bridgetown, Barbados, November 23, 2023. Yesterday, the FirstCaribbean International ComTrust Foundation and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) met to celebrate...
Haiti: Earthquake, 10 November 2023 - Final Event Briefing (20 November 2023)
1 INTRODUCTION A magnitude 5.0 earthquake occurred at 17:22:28 (UTC) on 10 November 2023, 22.1 km (13.8 mi) SW of Ouanaminthe, Nord-Est, Haiti; 16 km (9.94mi) W of Nan Contrée, Haiti and 7.9 km (4.9...
Antigua and Barbuda + 1 more
CCRIF makes first payouts for the 2023 Atlantic Hurricane season totalling US$3.4 million
Grand Cayman, Cayman Islands, October 20, 2023. CCRIF SPC made two payouts totalling US$3.4 million to the governments of Antigua and Barbuda and the British Virgin Islands following Tropical Storm...
CCRIF Collaborates with UWI Cave Hill Campus to Provide the Barbados Fire Service and Ministry of Health with Equipment to Reduce the Impacts of Wildfires on People and Communities
October 9, 2023. Grand Cayman, Cayman Islands. CCRIF is collaborating with The University of the West Indies (The UWI) to reduce the impacts of wildfires on the people, communities, and the economy...
Caribbean Water Utilities to Access Parametric Insurance Coverage Against Extreme Weather Events
September 19, 2023. Grand Cayman, Cayman Islands. Water utilities in the Caribbean will now be able to access parametric insurance1 coverage through CCRIF SPC (formerly the Caribbean Catastrophe Risk...
CCRIF continues to expand access to parametric insurance in Central America - welcomes Honduras
September 14, 2023. Grand Cayman, Cayman Islands. CCRIF SPC is pleased to welcome Honduras as its fourth member from Central America. The Government purchased parametric insurance coverage for excess...
Climate and Disaster Risk Financing and Insurance: 25 key terms you need to know
In the face of mounting challenges posed by climate and non-climate hazards, Climate and Disaster Risk Finance and Insurance (CDRFI) has emerged as a vital component of Comprehensive Disaster Risk...
Cayman Islands + 12 more
European Union provides US$4.7 million to Caribbean Governments for CCRIF Parametric Insurance for 2023, totalling about US$49 Million in Grant Support since 2007
The European Union continues to provide support to CCRIF SPC as a means of subsidizing premiums on the parametric insurance policies of its Caribbean members. This policy year, which started on June...
Nicaragua: Earthquake, 27 February 2023 - Final Event Briefing (9 March 2023)
INTRODUCTION A magnitude 5.3 earthquake occurred at 18:46:06 (UTC) on 27 February 2023, 55.1 km (34.2 mi) E of Jiquilillo, Nicaragua; 85 km (52.8 mi) E of El Viejo, Nicaragua and 86.4 km (53.7 mi)...
Antigua and Barbuda: Earthquake, 20 December 2022 - Final Event Briefing (30 December 2022)
INTRODUCTION A magnitude 5.1 earthquake occurred at 06:33:23 (UTC) on 20 December 2022, 95.5 km (59.4 mi) W of Codrington, Antigua and Barbuda; 120 km (74.8) SW of Saint John, Antigua and Barbuda and...
Anguilla + 25 more
CCRIF and Central America’s Regional Disaster Risk Management Agency, CEPREDENAC, Sign Memorandum of Understanding
Grand Cayman, Cayman Islands, March 29, 2023. On Thursday March 16, 2023, CCRIF SPC and CEPREDENAC (the Coordination Center for the Prevention of Disasters in Central America and the Dominican...
The Bahamas - Extreme North: Covered Area Rainfall Event (10/11/2022 to 10/11/2022) Excess Rainfall - Event Briefing (17 November 2022)
1 INTRODUCTION The Bahamas was affected by Tropical Cyclone Nicole, resulting in adverse weather conditions from 8 to 10 November, 2022. During this period, the heaviest rainfall occurred...
Anguilla: Covered Area Rainfall Event (06/11/2022 - 07/11/2022) Excess Rainfall - Event Briefing (16 November 2022)
1 INTRODUCTION This event briefing describes the impact of rainfall in Anguilla, which was associated with a Covered Area Rainfall Event (CARE), starting on 6 November and ending on 7 November 2022...
British Virgin Islands: Covered Area Rainfall Event (05/11/2022 - 07/11/2022) Excess Rainfall - Event Briefing (16 November 2022)
1 INTRODUCTION This event briefing describes the impact of rainfall in the British Virgin Islands, which was associated with a Covered Area Rainfall Event (CARE), starting on 5 November and ending on...
The Bahamas North West: Tropical Cyclone Nicole (AAL172022) Wind and Storm Surge - Final Event Briefing (20 November 2022)
1 SUMMARY Tropical Cyclone Nicole was the fourteenth named storm and the eighth hurricane of the 2022 Atlantic Hurricane Season. On 9 November at 1800 UTC, the centre of Nicole made landfall on Great...
Ground-breaking MOU signed at COP27 sees global risk pools join forces to raise visibility and influence
Global risk pool MOU builds a framework for collaboration in the areas of advocacy, product development and capacity building… Sharm el Sheikh, 21 November 2022 – Strengthening the reach and impact...
Trinidad and Tobago - Trinidad: Covered Area Rainfall Event (09/11/2022 - 11/11/2022) Excess Rainfall - Event Briefing (18 November 2022)
1 INTRODUCTION This event briefing describes the impact of rainfall in Trinidad, which was associated with a Covered Area Rainfall Event (CARE), starting on 9 November and ending on 11 November 2022...
Preliminary Event Briefing - Wind and Storm Surge - TC Lisa - Belize - November 7 2022
1 SUMMARY Tropical Cyclone Lisa was the twelfth named storm and the sixth hurricane of the 2022 Atlantic Hurricane Season. On 2 November at 2120 UTC, the centre of Lisa made landfall near Belize...
Nicaragua + 3 more
CCRIF Makes Four Payouts Totalling US$15.2 Million During October For 2022 Hurricane Season Events
Grand Cayman, Cayman Islands, October 28, 2022. CCRIF SPC has made 4 payouts totalling US$15.2 million to 3 of its member governments during October for hydrometeorological events associated with the...