News

December 5, 2008 - London, England, The awards keep pouring in for the CCRIF.

At the Insurance Day London Market Awards 2008 held on December 4, the world’s first and only multi-nation catastrophe risk fund, the Caribbean Catastrophe Risk Insurance Facility, was named Transaction of the Year. This award comes hot on the heels of the CCRIF receiving the honour of Re/Insurance Initiative of the Year at the 2008 Review Worldwide Reinsurance Awards.

November 4, 2008—KINGSTON,The Caribbean Catastrophe Risk Insurance Facility (CCRIF) will host a workshop on parametric insurance and new product developments, as part of the annual Caribbean Conference on Comprehensive Disaster Management, to be held in Barbados from December 8-12, 2008.

September 30, 2008- GRAND TURK, Premier the Hon. Dr. Michael Misick accepted US$6.3 million from the Caribbean Catastrophe Risk Insurance Facility (CCRIF) this afternoon, three weeks after the country was devastated by the impact of Hurricane Ike.  

September 9, 2008- GEORGE TOWN, GRAND CAYMAN,The Caribbean Catastrophe Risk Insurance Facility is set to make a payout of approximately US$6.3 million to the government of the Turks and Caicos Isla

London, England, September 4, 2008 -- The world's first and only multi-nation catastrophe risk fund, the Caribbean Catastrophe Risk Insurance Facility (CCRIF), won the Re/Insurance Initiative of the Year award at The Review Worldwide Reinsurance Awards, presented Wednesday night at The Dorchester in London. This is the first award for the 16-month old facility, cementing its reputation as a valuable and innovative form of catastrophe cover on the global stage.