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Publications

Current Strategic Plan

CCRIF SPC Strategic Plan 2022-2025 CCRIF SPC Strategic Plan 2022-2025

CCRIF’s Strategic Plan 2022 – 2025 has been produced at a time when the world and indeed our member governments and their populations continue to face unprecedented disruptive effects. Latin America and the Caribbean (LAC) is considered the region in the developing world that has been hardest hit by the pandemic, resulting in the worst economic contraction in the history of this region. This has been characterized by sharp increases in unemployment, which have had a knock-on effect on household incomes and the ability of families to meet basic needs. There also has been falling commodity prices, reduction in international trade and increases in the poverty rate, among other issues.

CCRIFSPC-StrategicPlan-2022-2025_web.pdf

Current Annual Report

CCRIF SPC Annual Report 2023-2024 CCRIF SPC Annual Report 2023-2024

The CCRIF Annual Report for policy year 2023/24 which began June 1, 2023 and ended May 31, 2024. This report represents 17 years since CCRIF opened for business in 2007. The success of CCRIF has not gone unnoticed here in the regions we serve and further afield. CCRIF – the world’s first multi-country, multi-peril risk pool based on parametric insurance – is referred to as the Caribbean and Central America’s parametric insurance facility and development insurer.

CCRIFSPC-Annual-Report2023-2024-December2024-compressed.pdf

Most Recent Event Report

Final Event Briefing - TC Melissa - Wind and Storm Surge - Jamaica - November 6 2025 Final Event Briefing - TC Melissa - Wind and Storm Surge - Jamaica - November 6 2025

Tropical Cyclone Melissa is the thirteenth named cyclone and the fifth hurricane of the 2025 Atlantic Hurricane Season. From 25 to 27 October, Tropical Cyclone Melissa moved very slowly westward, passing nearly parallel to the southern coast of Jamaica at a minimum distance of about 110 mi (180 km).

The final runs of the CCRIF tropical cyclone loss model for wind and storm surge produced government losses for Jamaica. The government losses for Jamaica are above the Attachment Point of the Tropical Cyclone policy and therefore a payout of US$ 70,803,832 is due.

20251106_CCRIF_FinalEventBriefing_TC-Melissa_JAM_Final.pdf

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