Grand Cayman, 18 December 2024. The Government of Belize received a payment of US$805,794 under one of CCRIF SPC’s recently introduced policy endorsements known as the Wet Season Trigger.

St. Kitts & Nevis, December 6, 2024. The Government of Honduras received a payout of US$4,665,090 within 14 days of an excess rainfall event that affected that country over the period November 14 to 19, 2024. The Government of Honduras joined CCRIF in 2024, purchasing parametric insurance coverage for excess rainfall, effective June 1, 2024.

Cayman Islands, November 20, 2024. The Government of Panama received US$26.7 million from CCRIF SPC within 14 days of a rainfall event that affected that country during October 31 to November 4, 2024. According to reports, this event resulted in landslides, flooding, fallen trees, the collapse of some bridges and loss of crops in some areas.