The IMF has made available US$258 million under the Resilience and Sustainability Facility (RSF) and about US$980 million ...
The United Nations World Food Programme (WFP), in collaboration with Jamaica's Ministry of Labour and Social Security (MLSS), ...
SEPTEMBER 10 brings back haunting memories for some Jamaicans. On that day 20 years ago, Hurricane Ivan struck with Category ...
Other forms of disaster insurance did pay out, however. The Caribbean Catastrophe Risk Insurance Facility, or CCRIF, disbursed a record $44 million to Grenada due to Beryl’s destruction.
CCRIF was designed as a regional catastrophe fund for Caribbean governments to limit the financial impact of hurricanes and earthquakes to Caribbean governments by quickly providing short term ...
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) made payouts under parametric policies, including a record $42 million payment to Grenada. The transparency of parametric triggers enabled ...
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) is one such example and has recently supported immediate relief to Caribbean countries. However, strained fiscal positions have left countries ...
Bridgetown, Barbados – The Caribbean Development Bank (CDB) has approved a grant of US$14 million to CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility). CCRIF provides parametric ...
The Caribbean Catastrophe Risk Financing Facility (CCRIF) is a risk pooling facility with sixteen Caribbean members: Anguilla, Antigua & Barbuda, Bahamas, Barbados, Belize, Bermuda, Cayman Islands, ...