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.
April 7, 2008 - The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced the appointment of Isaac Anthony and Dr. Warren Smith to its board today. The new members will represent the interests of CARICOM and the Caribbean Development Bank respectively.
February 21, 2008 - The CCRIF is constantly in dialogue with our government members, taking suggestion on what to include for our 2008 renewal period as well as developing the overall vision for the Facility. The result has been a series of updates the Facility plans to introduce in 2008.