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Grand Cayman, Cayman Islands, December 9, 2020. CCRIF has made payouts totalling US$30.6 million to the Government of Nicaragua following the passage of Tropical Cyclones Iota and Eta, which made landfall as Category 4 hurricanes along the Nicaraguan coast within two weeks of each other in November. Both hurricanes resulted in landslides and flooding, displacing thousands, with Nicaragua’s National Disaster Prevention System (SINAPRED) reporting that at least 16 persons died and many are still missing.

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On 2 November, Tropical Storm Eta rapidly intensified, becoming a major hurricane, and on 3 November it made landfall in Nicaragua as a category 4 Hurricane. Hurricane-force winds and catastrophic storm surge were experienced near the landfall point. While moving across Nicaragua, Eta rapidly lost intensity, being downgraded to a tropical storm on 4 November and to a tropical depression on 5 November, when it left the country heading for Honduras. During this period, tropical-storm-force winds extended over a large part of Nicaragua.

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Kingston, Jamaica, December 1, 2020. On November 26, CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) presented a cheque for US$250,000 to The University of the West Indies (The UWI) for scholarships and for covering the tuition fees of students who are in need of financial support this academic year.

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CCRIF SPC fourth publication of technical papers, which highlights academic papers completed by recipients of CCRIF scholarships who have completed degrees in areas related to disaster risk management at The University of the West Indies and other universities in the United Kingdom.
These scholarships are offered within CCRIF’s larger Technical Assistance Programme, which is aimed at building capacity among key organizations as well as individuals and nongovernmental organizations for improved disaster risk management in the Caribbean region.

Anglais
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