Attachments
1 SUMMARY
Tropical Cyclone Sara is the nineteenth named cyclone of the 2024 Atlantic Hurricane Season. On 16 and 17 November, tropical storm Sara crossed the Gulf of Honduras, making landfall near Belize City on 17 November at 1400UTC. Tropical-storm-force winds were detected near the coast of southern Belize for few hours around 16 November at 1800UTC, while in the next hours, despite the shorter distance from the system centre, less intense winds (lower than tropica-storm-force) affected the coastal regions of central and northern Belize. After making landfall, Sara weakend rapidly to tropical depression, moved inland over Belize and Guatemala, and dissipated over Yucatan Peninsula
Although the wind speed was above 39 mph in Belize, the final runs of the CCRIF tropical cyclone loss model for wind and storm surge have produced zero government losses for this country. For this reason, Tropical Cyclone Sara is considered a reportable event1 for Belize.
The Aggregated Deductible Cover (ADC)2 feature for the Tropical Cyclone policy for Belize has not been activated because the Modelled Losses are below 30% of the Attachment Point of the country’s Tropical Cyclone policy. Therefore, no payout under the ADC feature is due for the Government of Belize.
The Localized Damage Index (LDI) component of the TC SPHERA model did not identify this event as a localized event3 for Belize. Therefore, no payout is due under the LDI endorsement of the Tropical Cyclone policy for Belize.
This event briefing is designed to review the modelled losses due to wind and storm surge calculated by CCRIF’s tropical cyclone model for affected CCRIF member countries, to be analyzed with respect to members’ Tropical Cyclone policies. At the time of writing this report, Belize was the only CCRIF member country for which the CCRIF loss model for wind and storm surge produced government losses due to Tropical Cyclone Sara. A separate report on other CCRIF member countries affected by wind and storm surge, with respect to their Tropical Cyclone policies or rainfall impacts on affected CCRIF member countries will be issued if applicable.