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This five-year plan marks a shift from incremental adaptation to long-term transformation. It positions CCRIF to lead the region’s resilience financing agenda, strengthen fiscal stability, and ensure that parametric insurance becomes a widely understood and accessible tool for governments, utilities, sectors, and communities. CCRIF’s success is rooted in partnership - with our members, development partners, regional institutions, and stakeholders across the Caribbean and Central America.

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Chief Risk Management Officer

Marco Ahedo was appointed CCRIF Chief Risk Management Officer in July 2025.  >He brings more than a decade of insurance-industry experience, much of it at the frontier of parametric design, and a long history with CCRIF itself.  His wider career spans the public and private sectors. As a Senior Product Manager for Public Sector Solutions at Swiss Re, he designed and reviewed parametric products, covering earthquake, flood, tropical cyclone, drought, extreme heat and excess rainfall, for governments across Latin America and the Caribbean.  <<Learn More...>>

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The final runs of the CCRIF tropical cyclone loss model for wind and storm surge have produced government losses for Nicaragua and Honduras. The government losses for Nicaragua and Honduras are below the Attachment Point of their respective Tropical Cyclone policies and therefore no payout under their respective policies is due.

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Publication Type
Description

A magnitude 6.0 earthquake occurred at 14:50:05 (UTC) on 16 May 2026, located at 61 km (37.9 mi) WNW of Codrington, Barbuda, Antigua and Barbuda; 67.7 km (42.1 mi) WSW of Saint John’s, Saint John, Antigua and Barbuda and 122.3 km (76 mi) S of Le Moule, Guadeloupe, Guadeloupe. Initial estimates from the United States Geological Survey (USGS) located the epicentre of the event at 17.430°N, 61.294°W, and at a depth of 51.2 km (31.8 mi).

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