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.

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).

A magnitude 6.0 earthquake occurred at 14:50:03 (UTC) on 16 May 2026, located at 70.1 km (43.6 mi) WNW of Codrington, Barbuda; 83.1 km (51.7 mi) WSW of Saint John’s, Antigua and Barbuda and 132.7 km (82.4 mi) S of Le Moule, Guadeloupe. Initial estimates from the United States Geological Survey (USGS) located the epicentre of the event at 17.513°N, 61.177°W, and at a depth of 30.0 km (18.64 mi).

This event briefing is designed to review the modelled losses due to wind, storm surge and excess rainfall calculated by CCRIF’s CWUIC model for a rainfall event that occurred during 5 May 2026 for affected CCRIF member water utilities. The Bahamas Water and Sewerage Corporation was the only CCRIF water utility member for which the CCRIF CWUIC loss model for wind, storm surge and excess rainfall produced losses due to this rainfall event.

This event briefing describes the impact of rainfall on the northern region of The Bahamas. The Bahamas has 4 Excess Rainfall policies: The Bahamas - Southeast, The Bahamas - Central, The Bahamas - North and The Bahamas - Extreme North. This rainfall was associated with a Covered Area Rainfall Event (CARE) in The Bahamas - North area, starting on 5 May 2026 and ending on 5 May 2026.