Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa November 5, 2025 The Caribbean Catastrophe Risk Insurance Facility will make a payout of US$70.8 million to the government of Jamaica to cover...
Parametric Catastrophe Insurer to Make Record $40M Payout for Haiti Quake August 19, 2021 By L.S. Howard CCRIF SPC, the Cayman Islands-based parametric catastrophe facility, will pay approximately US$40 million to the government of Haiti, following the...
Parametric Caribbean Catastrophe Pool to Provide Quick Payout to Bahamas After Dorian September 5, 2019 By Eric Roston Some of the first financial relief the Bahamas receives in the aftermath of Hurricane Dorian may be a rapid insurance...