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2017

CCRIF Reaches US$100 million Milestone in Payouts

Grand Cayman, Cayman Islands, September 19, 2017. CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) announced today that since its inception in 2007, it has made payouts of a little more than US$100 million to 12 of its 17 member countries – all within 14 days of the event. The US$100 million mark was reached following payouts under the excess rainfall policy of three countries – Anguilla, Turks & Caicos Islands and The Bahamas – as a result of rainfall from Hurricane Irma.

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Islas Turcos y Caicos recibirá US$13.6 millones del CCRIF tras los impactos devastadores del huracán Irma

Gran Caimán, Islas Caimán, 12 de septiembre de 2017 – El CCRIF efectuará pagos por un total de US$29.6 millones a seis gobiernos caribeños afectados por el huracán Irma bajo sus pólizas de ciclón tropical.

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Turks and Caicos Islands (TCI) to receive US$13.6 million from CCRIF Following the Devastating Impacts of Hurricane Irma

Grand Cayman, Cayman Islands, September 12, 2017 CCRIF will make payments totalling US$29.6 million to 6 Caribbean governments impacted by Hurricane Irma under their tropical cyclone insurance policies.

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CCRIF hará pagos por un total de US$15.6 millones (EC$42 millones) luego del paso del huracán Irma

Gran Caimán, Islas Caimán, el 7 de septiembre de 2017 – CCRIF SPC (anteriormente el Mecanismo de Seguros Contra Riesgos de Catástrofes en el Caribe) hará pagos por un total de aproximadamente US$15.6 millones (EC$42 millones) a los Gobiernos de Antigua y Barbuda, Anguila y San Cristóbal y Nieves como resultado del paso del huracán Irma, que activó pagos sobre las pólizas de ciclón de estos países. Los cálculos preliminares de los pagos para cada país son:

Spanish

CCRIF to make payouts totalling US$15.6 million (EC$42 million) after Hurricane Irma

Grand Cayman, Cayman Islands, September 7, 2017 – CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) will be making payouts totalling approximately US$15.6 million (EC$42 million) to the Governments of Antigua & Barbuda, Anguilla and St. Kitts & Nevis as a result of the passage of Hurricane Irma which triggered payments on these countries’ Tropical Cyclone policies. Preliminary calculations of the payouts for each country are:

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CDB and CCRIF Launch Integrated Sovereign Risk Management in the Caribbean Project

Providenciales, Turks & Caicos Islands, May 25, 2017 – Today, the Caribbean Development Bank and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) launched the Integrated Sovereign Risk Management in the Caribbean project.  This project seeks to enable all Caribbean countries to take a more proactive approach towards country risk management, moving beyond planning for natural disaster risks such as climate change and events like hurricanes and earthquakes and recognizing the intrinsic linkages between disaster risk and other types such as economic,

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El CCRIF Brinda Apoyo a Belice para Mejorar el Monitoreo y la Evaluación Nacional de las Lluvias

Ciudad de Belice, Belice, 23 de marzo de 2017 – El CCRIF SPC (anteriormente el Mecanismo de Seguro contra Catástrofes para el Caribe) y el Gobierno de Belice firmaron un acuerdo para que el CCRIF entregue US$100.000 al Gobierno para comprar 40 a 50 estaciones meteorológicas automáticas que proporcionarán el Servicio Meteorológico de Belice con acceso a datos de lluvia en tiempo real.
 
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CCRIF Celebra 10 Años de Innovación en el seguro de Riesgos Catastróficos

Bridgetown, Barbados, 23 de febrero de 2017 – CCRIF SPC (anteriormente el Mecanismo de Seguro de Riesgos del Caribe) puso en marcha las celebraciones de su décimo aniversario en el Banco de Desarrollo del Caribe (CDB) el 20 de febrero bajo el tema “celebrando diez años de innovación en el seguro de catástrofe ... en el Caribe y Centroamérica”.
 
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CCRIF provides Support to Belize to Improve National Rainfall Monitoring and Assessment

Belize City, Belize, March 23, 2017 – CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) and the Government of Belize have signed an agreement for CCRIF to provide US$100,000 to the Government to purchase 40-50 automatic weather stations that will provide the Meteorological Service of Belize with access to real-time rainfall data.
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CCRIF Celebrates 10 Years of Innovation in Catastrophe Risk Insurance

Bridgetown, Barbados, February 23, 2017 – CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) launched its 10th anniversary celebrations at the Caribbean Development Bank (CDB) on February 20th under the theme “celebrating 10 years of innovation in catastrophe insurance… in the Caribbean and Central America”. 
 

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