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.

For the past 15 years we have been able to consistently provide quick liquidity to our members within 14 days of a natural disaster when a country’s policy is triggered. This helps governments meet their most pressing needs after the disaster, support the most vulnerable in their population and continue government operations. Our member governments have demonstrated year after year that they are leading the way in putting fi nancial protection mechanisms in place to address disaster risk.

Tropical Cyclone Nicole was the fourteenth named storm and the eighth hurricane of the 2022 Atlantic Hurricane Season. On 9 November at 1800 UTC, the centre of Nicole made landfall on Great Abaco Island, The Bahamas, as a tropical storm. During the next three hours, it further strengthened, reaching the Category 1 hurricane intensity and at 2300 UTC it made landfall on Grand Bahama, The Bahamas.

This event briefing describes the impact of rainfall in Saint Kitts and Nevis, which was associated with a Covered Area Rainfall Event (CARE), starting and ending on 8 November 2022. The Rainfall Index Loss (RIL) was below the attachment point of Saint Kitts and Nevis’ excess rainfall policy and therefore no payout is due.

This event briefing describes the impact of rainfall in Anguilla, which was associated with a Covered Area Rainfall Event (CARE), starting on 6 November and ending on 7 November 2022. The Rainfall Index Loss (RIL) was below the attachment point of Anguilla’s excess rainfall policy and therefore no payout is due.

This event briefing describes the impact of rainfall in the British Virgin Islands, which was associated with a Covered Area Rainfall Event (CARE), starting on 5 November and ending on 7 November 2022. The Rainfall Index Loss (RIL) was below the attachment point of The Virgin Islands’ excess rainfall policy and therefore no payout is due.

Tropical Cyclone Lisa was the twelfth named storm and the sixth hurricane of the 2022 Atlantic Hurricane Season. On 2 November at 2120 UTC, the centre of Lisa made landfall near Belize City, Belize, as a category 1 hurricane. It remained at hurricane strength for the next three hours, while moving across Belize. It was then downgraded to a tropical storm, continuing to move across Belize. On 3 November at 0300 UTC, Lisa left Belize, moving over northern Guatemala and southeastern Mexico. On 4 November, it dissipated over the Bay of Campeche.

Tropical Cyclone Lisa was the twelfth named storm and the sixth hurricane of the 2022 Atlantic
Hurricane Season. On 2 November at 2120 UTC, the centre of Lisa made landfall near Belize
City, Belize, as a category 1 hurricane. It remained at hurricane strength for the next three
hours, while moving across Belize. I t was then downgraded to a tropical storm, continuing to
move a cross Belize. On 3 November at 0300 UTC, Lisa left Belize, moving over northern
Guatemala and southeastern Mexico. On 4 November, it dissipated over the Bay of Campeche.

This event briefing describes the impact of rainfall in Belize, which was associated with a Covered Area Rainfall Event (CARE), on 3 November 2022. The Rainfall Index Loss (RIL) was below the attachment point of Belize’s excess rainfall policy and therefore no payout is due.