Grand Cayman, Cayman Islands, February 27, 2023. Over 50 technocrats from 18 CCRIF Caribbean member countries and two regional organizations, met face-to-face in Miami over two days – February 16 and 17, 2023 – to deepen their knowledge and understanding of CCRIF’s parametric insurance models and products. CCRIF also took the opportunity to share with […]
ST. GEORGE’S, GRENADA, MAY 12, 2021: The Caribbean Catastrophe Risk Insurance Facility (CCRIF), in collaboration with the Government of Grenada, hereby invites suitable applicants to apply for postgraduate scholarships and internships for 2021. CCRIF Scholarship Programme Offered, 2021: Disaster Risk Management (DRM) Disaster Risk Financing Natural Resources Management Risk Management Climate Change Civil With Environmental […]
Grand Cayman, Cayman Islands, December 9, 2020. CCRIF has made payouts totalling US$30.6 million to the Government of Nicaragua following the passage of Tropical Cyclones Iota and Eta, which made landfall as Category 4 hurricanes along the Nicaraguan coast within two weeks of each other in November. Both hurricanes resulted in landslides and flooding, displacing […]
Kingston, Jamaica, December 1, 2020. On November 26, CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) presented a cheque for US$250,000 (J$35 million) to The University of the West Indies (The UWI) for scholarships and for covering the tuition fees of students who are in need of financial support this academic year. Approximately US$108,000 […]
Grand Cayman, Cayman Islands, November 17, 2020. CCRIF will make a payout of US$10.7 million to the Government of Nicaragua following the passage of Tropical Cyclone Eta. As is customary and part of the Facility’s customer proposition, all payouts are made within 14 days of the event. Indeed, CCRIF has already paid an advance of […]
Grand Cayman, Cayman Islands, September 8, 2020. CCRIF SPC made a payout of approximately US$7.2 million to the Government of Haiti on its Excess Rainfall (XSR) parametric insurance policy following three days of heavy rainfall associated with Tropical Cyclone Laura. Haiti also received a payout of US$290,925 under the Aggregate Deductible Cover (ADC), which is […]
Continuing and Professional Education Centre. Tuesday, August 25, 2020 — The UWI Open Campus and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) successfully delivered a train-the-trainer workshop on a new course to be offered at the University, “Disaster Risk Financing for the Sustainable Development of Small Island Developing States (SIDS)”. Eighteen lecturers from […]
Grand Cayman, Cayman Islands, June 16, 2020. CCRIF is pleased to announce that member countries of the Council of Ministers of Finance of Central America, Panama, and the Dominican Republic (COSEFIN) will receive special benefits on CCRIF SPC parametric insurance policies for policy year 2020/21 as part of the Facility’s response to the COVID-19 pandemic. […]
