The runs of the CCRIF CWUIC model have produced losses for the Belize Water Services (BWS). The losses for BWS are below the Attachment Point of its CWUIC policy and therefore no payout under this policy is due.

This event briefing is designed to review the modelled losses due to wind, storm surge and excess rainfall calculated by CCRIF’s CWUIC model for affected CCRIF member water utilities, to be analyzed with respect to members’ CWUIC policies.

This event briefing describes the impact of rainfall on Belize, which was associated with a Covered Area Rainfall Event (CARE) starting on 19 October 2024 and ending on 21 October 2024. The Rainfall Index Loss (RIL) for the Covered Area Rainfall Event was below the attachment point of Belize’s Excess Rainfall policy, therefore no payout is due to the Government of Belize.

The final runs of the CCRIF tropical cyclone loss model for wind and storm surge have produced
government losses for the Turks and Caicos Islands and Haiti ( with CCRIF designating Oscar as
a Loss Event). The government losses for these countries are below the Attachment Point of their
Tropical Cyclone policies and therefore no payout under these policies is due.

The final runs of the CCRIF tropical cyclone loss model for wind and storm surge have produced government losses for Belize due to Tropical Storm Nadine (and therefore Nadine is designated as a Loss Event1). The government losses for Belize are below the Attachment Point of its Tropical Cyclone policy and therefore no payout under this policy is due.

The preliminary runs of the CCRIF tropical cyclone loss model for wind and storm surge have produced government losses for The Bahamas SoutheastSoutheast1 with CCRIF designating Oscar as a Loss Event). The government losses for this region are below the Attachment Point of the Tropical
Cyclone policy for the Bahamas Southeast and therefore no payout under this policy is due.

The preliminary runs of the CCRIF tropical cyclone loss model for wind and storm surge have
produced government losses for the Turks and Caicos Islands and Haiti ( with CCRIF designating
Oscar as a L oss E ventvent1). The government losses for these countries are below the Attachment Point
of their Tropical Cyclone policies and therefore no payout under these policies is due.

A magnitude 5.8 earthquake occurred at 05:08:44 (UTC) on 26 August 2024, located at 89.1 km (55.3 mi) N of Boca Chica, Chiriquí Province, Panama; 107.2 km (66.6 mi) N of Pedregal, Chiriquí Province, Panama and 112.5 km (69.9 mi) N of Las Lomas, Chiriquí Province, Panama. Initial estimates from the United States Geological Survey (USGS) located the epicentre of the event at 7.423°N, 82.290°W, and at a depth of 10 km (6.21 mi).

This event briefing describes the impact of rainfall on the British Virgin Islands, which was associated with a Covered Area Rainfall Event (CARE) starting on 14 August 2024 and ending on 16 August 2024. The Rainfall Index Loss (RIL) for the Covered Area Rainfall Event was below the attachment point of the British Virgin Islands Excess Rainfall policy, and therefore no payout is due to the Government.

Tropical Cyclone Ernesto is the fifth named cyclone and the third hurricane of the 2024 Atlantic Hurricane Season. On 13 August at 0000UTC, Ernesto formed as a tropical storm while approaching the Leeward Islands. During the day, it passed over Montserrat, and within the vicinity of Antigua and Barbuda, Saint Kitts and Nevis, Sint Maarten, and Anguilla, spreading tropical-storm-force conditions over these countries in only six hours.