The IMF has made available US$258 million under the Resilience and Sustainability Facility (RSF) and about US$980 million ...

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.

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.

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 ...

While the World Bank catastrophe bond did not get triggered by the storm, a number of other instruments including parametric insurance from the CCRIF did, which ensured Jamaica had liquidity and ...

Additionally, Jamaica’s Tropical Cyclone policy with the Caribbean Catastrophe Risk Insurance Facility (CCRIF) was triggered by Cyclone Beryl on July 9, resulting in a $16.3 million payment.

Gayle is on the Board of the Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC), which provides Parametric coverage to many Caribbean and Central American governments and will pay out more than ...

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 also ...

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, ...