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Event Briefing - Excess Rainfall - Covered Area Rainfall Event - Panama- July 14 2020
Description

Panama was under the influence of a monsoon trough and several tropical waves resulting in adverse weather conditions that occurred in the period between 25 June and 5 July, 2020. During this period, Panama was affected by heavy rains and high winds over a large area of the territory.

This event briefing describes the impact of the rainfall on Panama, which is associated with a Covered Area Rainfall Event (CARE), starting on 28 June and ending on 5 July 2020. The Rainfall Index Loss (RIL) was below the attachment point of Panama’s Excess Rainfall policy and therefore no payout is due to the Government of the Republic of Panama.

English