News

Grand Cayman, Cayman Islands, August 28, 2011 – The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has announced that, while Hurricane Irene resulted in registered losses in six of its member countries (Anguilla, Antigua & Barbuda, the Bahamas, Haiti, St. Kitts & Nevis and the Turks & Caicos Islands), none of the policies of these countries were triggered. Of these territories, the highest losses were determined for the Bahamas and the Turks & Caicos Islands.

Belmopan, Belize, August 23, 2011 – The Caribbean Community Climate Change Centre (CCCCC) and the Caribbean Catastrophe Risk Insurance Facility (CCRIF) have strengthened their partnership to be able to better assist Caribbean countries to develop climate change adaptation strategies. These two organisations currently play key roles in the collection and provision of critical information and knowledge on the impacts of climate change and by extension natural disasters on Caribbean countries.

Grand Cayman, 2 August, 2011 – As the 2011 Atlantic Hurricane Season gets underway, the Caribbean Catastrophe Risk Insurance Facility (CCRIF) is providing assistance to Caribbean nations to prepare for the tropical cyclones that are expected to affect the region. This assistance takes two forms. The first is that CCRIF has made available its Real-Time Forecasting System (RTFS) to all its members.

Kingston, Jamaica, 7 June, 2011 – The University of the West Indies marked the inauguration of the UWI-CCRIF Scholarship Programme in a handover ceremony held at the Mona campus on 26 May, 2011. In the first year of the programme, the Caribbean Catastrophe Risk Insurance Facility (CCRIF) has provided scholarships worth US$49,000 to six students at the University who are pursuing study in areas related to disaster management.

Grand Cayman, 9 March, 2011 - The Caribbean Catastrophe Risk Insurance Facility (CCRIF) is pleased to announce the appointment of Guy Carpenter & Company, LLC as the new Placing Broker for the Facility.