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Grand Cayman, Cayman Islands, March 19, 2024. Last Wednesday, March 13, 2024, CCRIF SPC, in collaboration with the Cayman Islands Government, the Caribbean Disaster Emergency Management Agency (CDEMA) and The University of the West Indies (UWI), launched Ivan+20 in Grand Cayman, under the theme: Ivan+20: Remembering the Past, Reflecting on the Present, and Visioning for the Future: 20 Years Since Ivan... Resilience, Adaptation, Sustainability in Caribbean SIDS.

Grand Cayman, Cayman Islands, October 20, 2023. CCRIF SPC made two payouts totalling US$3.4 million to the governments of Antigua and Barbuda and the British Virgin Islands following Tropical Storm Philippe. Philippe made landfall on Antigua and Barbuda on October 2nd and passed near the British Virgin Islands on October 4th, causing heavy rains and flooding in both countries. CCRIF made payouts on these countries’ parametric insurance policies for Excess Rainfall as follows: