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Submitted by ccrif_admin on 13 March 2020

A new model, known as the System for Probabilistic Hazard Evaluation and Risk Assessment (SPHERA) has been developed, peer-reviewed and thoroughly evaluated and will be used to underpin CCRIF’s TC policies starting with the 2019/20 year. This new model incorporates new information and employs the most up-to-date scientific findings and methodologies which has achieved a higher precision in the evaluation of losses due to earthquake and tropical cyclone hazards. New country risk profiles are being shared and discussed with member countries.

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Tropical Cyclone Policies