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Tropical Cyclone Joaquin affected three CCRIF member countries: The Bahamas, Bermuda and the Turks and Caicos Islands. The preliminary runs of CCRIF’s loss model indicate that none of the Tropical Cyclone policies for these countries triggered, therefore no payout is due.
Tropical Cyclone policies are designed to cover damages from wind and storm surge but not rainfall. Some of the countries affected by rainfall from Hurricane Joaquin do have policies for excess rainfall. A separate excess rainfall report will be issued.
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