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Description
This event briefing describes the impact of rainfall on Jamaica, which was associated with a Covered Area Rainfall Event (CARE) starting on 3 July and ending on 7 July 2024. The Rainfall Index Loss (RIL) for the Covered Area Rainfall Event was above the attachment point of Jamaica’s Excess Rainfall policy and therefore, the policy was triggered. A payout of US$ 10,278,753.76 is due to the Government of Jamaica under its Excess Rainfall policy.
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English