This event briefing describes the impact of rainfall on Panama, which was associated with a Covered Area Rainfall Event (CARE) starting on 12 November 2024 and ending on 18 November 2024. The Rainfall Index Loss (RIL) for the Covered Area Rainfall Event was below the attachment point of Panama’s Excess Rainfall policy and the Panama-FAP Excess Rainfall policy, and therefore no payouts are due to the Government.