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...
Insured Losses from Haiti Earthquake Estimated at $250 Million August 18, 2021 The large 7.2 magnitude earthquake, which hit Haiti on Aug. 14, is likely to cost insurers around $250 million, according...
Flooding Complicates Relief Efforts for Desperate Haiti Earthquake Victims August 17, 2021 By Laura Gottesdiener and Ricardo Arduengo Flooding due to a storm overnight complicated efforts on Tuesday to seek survivors from a weekend earthquake in Haiti that...
Quick-Cash, Risk-Swap Deals Multiply in Extreme Weather Era April 4, 2019 By Christopher Flavelle and Katherine Chiglinsky Some of the world’s largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay...
5 Years Post Haiti Earthquake Recovery Evident January 13, 2015 It’s been five years since the ground shook violently in and around the overcrowded capital of Haiti, the Western Hemisphere’s...
Few Major Haiti Reconstruction Projects Have Begun January 13, 2012 By TRENTON DANIEL The billions of dollars in aid that flowed into Haiti after its shattering earthquake were meant to build a new...