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Most Recent Press Releases

  • CCRIF Celebrates 10 Years of Innovation in Catastrophe Risk Insurance
    26 February 17

    Bridgetown, Barbados, February 23, 2017 – CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) launched its 10th anniversary celebrations at the Caribbean Development Bank (CDB) on February 20th under the theme “celebrating 10 years of innovation in catastrophe insurance… in the Caribbean and Central America”. 
     

  • CCRIF Pays Nicaragua US$1.1 Million after Hurricane Otto
    15 December 16

    Grand Cayman, Cayman Islands, December 12, 2016 - CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) made a payout of US$1,110,193 to the Government of Nicaragua as a result of the passage of Hurricane Otto which triggered a payment on the countryís Tropical Cyclone policy. The payment was made on December 9th ñ 14 days after the passage of the hurricane.

  • Government of Haiti helps 1.4 million persons affected by Hurricane Matthew with CCRIF’s Payouts
    08 November 16
    November 7, 2016. Port-au-Prince, Haiti - Today the CEO of CCRIF SPC, Mr. Isaac Anthony met with Haiti’s Minister of Finance, Hon. Yves Bastien and his advisors to discuss the recent payouts of US$23.4 million to Haiti made under the country’s tropical cyclone and excess rainfall policies, as a result of Hurricane Matthew’s passage through that country last month.
  • CCRIF Completes Payments totalling US$29 million to Member Governments Affected by Hurricane Matthew
    21 October 16
    Grand Cayman, Cayman Islands, October 20, 2016 – On Monday October 17, CCRIF SPC completed payments totalling US$29,204,248 to the four CCRIF member countries affected by Hurricane Matthew. These payouts were made to Haiti, Barbados, Saint Lucia and St. Vincent & the Grenadines on their Tropical Cyclone and/or Excess Rainfall insurance policies – all within 14 days of the end of the event.
     
  • CCRIF to Pay Additional US$8 Million to Member Governments Affected by Hurricane Matthew
    14 October 16

    Grand Cayman, Cayman Islands, October 12, 2016 – CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) is now preparing to make additional payouts totalling almost US$8 million to CCRIF member countries. These payouts will be made to Haiti, Barbados, Saint Lucia and St. Vincent & the Grenadines as a result of the heavy rains from Hurricane Matthew, which triggered payments on these countries’ Excess Rainfall policies.

PR Yearly Archive

Videos

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St. Lucia Increases its Catastrophic Risk Insurance Coverage

This installment focuses on Disaster Risk Financing for Saint Lucia. Experts discuss the risks resulting from natural disasters and the financial strategies and policies governments can employ

CCRIF SPC Documentary - Part 1 of 4

CCRIF SPC Documentary - Part 2 of 4

CCRIF SPC Documentary - Part 3 of 4

CCRIF SPC Documentary - Part 4 of 4

World Bank CCRIF - Caribbean Gold

About CCRIF SPC

CCRIF SPC is a segregated portfolio company, owned, operated and registered in the Caribbean.

 

It limits the financial impact of catastrophic hurricanes, earthquakes and excess rainfall events to Caribbean and Central American governments by quickly providing short-term liquidity when a parametric insurance policy is triggered.

Contact info

Registered Office
  • c/o Sagicor Insurance Managers Limited, 198 North Church Street, 2nd Floor, Sagicor House, PO Box 1087, Grand Cayman, KY1-1102, Cayman Islands

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