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Recent News

Providenciales, Turks & Caicos Islands, May 25, 2017 – Today, the Caribbean Development Bank and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) launched the Integrated Sovereign Risk Management in the Caribbean project.  This project seeks to enable all Caribbean countries to take a more proactive approach towards country risk management, moving beyond planning for natural disaster risks such as climate change and events like hurricanes and earthquakes and recognizing the intrinsic linkages between disaster risk and other types such as economic,

Belize City, Belize, March 23, 2017 – CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) and the Government of Belize have signed an agreement for CCRIF to provide US$100,000 to the Government to purchase 40-50 automatic weather stations that will provide the Meteorological Service of Belize with access to real-time rainfall data.

Hazard Report(s)

PDF icon 20170515-19_CCRIF_XSR_EventBriefing_Jamaica_CARE_20170526_Final.pdf
In mid-May 2017, the Meteorological Service of Jamaica indicated that a trough west of Jamaica would be influencing weather conditions across the island. Satellite imagery and
radar reports projected light, moderate and intense rains in sections of all parishes, especially in the south. Therefore, flash floods were possible in low-lying and flood prone areas such as St. Mary, Portland, St. Thomas, Kingston, St. Andrew, St. Catherine, Clarendon, Manchester, St. Elizabeth and Westmoreland (jamaicaobserver.com).
 

Featured Article

Hurricane Sandy passed through the Caribbean in October 2012, affecting three CCRIF member countries – Haiti, Jamaica and The Bahamas, although not to the extent of triggering their tropical cyclone policies.

Featured Report(s)

On April 18, 2015, COSEFIN members and CCRIF SPC gathered together to formally sign a Memorandum of Understanding allowing Central American countries access to low-cost, high-quality sovereign parametric catastrophe risk insurance through CCRIF SPC.

This report was prepared at the request of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) with support from the Caribbean Catastrophe Risk Insurance Facility (CCRIF) to assess strategies for linking the ECLAC Damage and Loss Assessment (DaLA) Methology to the Post Disaster Needs Assessment (PDNA).

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Key Milestones Video

CCRIF SPC Key Milestones 2007-2017

WorldBank CCRIF Video

CCRIF Documentary Part 1

CCRIF SPC Documentary Part 1

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