The System for Probabilistic Hazard Evaluation and Risk Assessment (SPHERA) model has been used to underpin CCRIF’s TC policies since the 2019/20 year. This new model incorporates new information and employs the most up-to-date scientific findings and methodologies which has achieved a higher precision in the evaluation of losses due to earthquake and tropical cyclone hazards. New country risk profiles are being shared and discussed with member countries.