Tropical Cyclone Isaias was the ninth tropical cyclone in the 2020 Atlantic Hurricane Season. On 28 July it developed as Potential Tropical Cyclone Nine over the central Atlantic, to the east of the Leeward Islands. On 29 July, it was upgraded to a tropical cyclone while it was over the Caribbean Sea, to the south of Puerto Rico. On 30 July, it strengthened to a category 1 hurricane while it was to the north of the Dominican Republic.
A magnitude 5.4 earthquake occurred at 22:38:43 UTC on 12 July 2020, 6.4 km (4 mi) W of El Crucero, Nicaragua; 18.1 km (11.3 mi) S of Ciudad Sandino, Nicaragua and 18.3 km (11.4 mi) NNE of San Rafael del Sur, Nicaragua. Estimates from the United States Geological Survey (USGS) located the epicentre of the event at 11.998°N, 86.368°W, and at a depth of 158.8 km (98.7 mi) – Figure 1. Nicaragua was the only CCRIF member country where peak ground acceleration, computed with the CCRIF SPHERA model, was greater than 0.01 g for this earthquake.
- Lee más sobre Event Briefing - Excess Rainfall - Covered Area Rainfall Event - Panama - July 14 2020
Panama was under the influence of a monsoon trough and several tropical waves resulting in adverse weather conditions that occurred in the period between 25 June and 5 July, 2020. During this period, Panama was affected by heavy rains and high winds over a large area of the territory.
Grand Cayman, Cayman Islands, June 24, 2020. CCRIF SPC made a payout of US$203,136 to the Government of Belize on its Excess Rainfall parametric insurance policy following three days of heavy rains during Tropical Storms Amanda and Cristobal. Amanda was a tropical cyclone that originated in the Pacific Ocean and brought rains that affected Belize on 30 May and then weakened. However, the remnants of Amanda then reorganized to form Tropical Storm Cristobal in the Gulf of Mexico – thus becoming a cross-over cyclone from the Pacific to the Atlantic.
This study was produced as part of the Caribbean Oceans and Aquaculture Sustainability faciliTy
(COAST) project. COAST is a partnership between the U.S. State Department, the World Bank, the
Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC), and the Caribbean Regional Fisheries
Mechanism (CRFM). Numerous organizations and experts engaged in the subject took part in the
assessment, making it possible. The team is especially grateful for the guidance and leadership of
This assessment was produced as part of the Caribbean Oceans and Aquaculture Sustainability
faciliTy (COAST) project. COAST is a partnership between the U.S. State Department, the World
Bank, the Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC), and the Caribbean Regional
Fisheries Mechanism (CRFM). Numerous organizations and experts took part in the assessment,
making it possible. The team is especially grateful for the guidance and leadership of Valerie Hickey
Grand Cayman, Cayman Islands, June 22, 2020. CCRIF paid the Government of Guatemala approximately US$3.6 million under its excess rainfall (XSR) parametric insurance policy for nine days of rain that occurred during Tropical Storms Amanda and Cristobal. The policy was triggered by rains that started on May 31.
Tropical waves and low pressure systems occurred over the Central America region from 19 May to 2 June. During this time, adverse weather prevailed over Nicaragua that generated showers and thunderstorms.
This event briefing describes the impact of rainfall on Nicaragua, which is associated with a Covered Area Rainfall Event (CARE), starting on 20 May and ending on 2 June 2020.
Grand Cayman, Cayman Islands, June 16, 2020. CCRIF is pleased to announce that member countries of the Council of Ministers of Finance of Central America, Panama, and the Dominican Republic (COSEFIN) will receive special benefits on CCRIF SPC parametric insurance policies for policy year 2020/21 as part of the Facility’s response to the COVID-19 pandemic. These benefits include a 50 per cent reduction in premium costs on their parametric insurance policies or a mutually agreed increase in CCRIF coverage at no additional cost or a combination of both.