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September 14, 2023. Grand Cayman, Cayman Islands. CCRIF SPC is pleased to welcome Honduras as its fourth member from Central America. The Government purchased parametric insurance coverage for excess rainfall, effective from 1 June 2023. CCRIF CEO Mr. Isaac Anthony in welcoming Honduras said, “I am happy to welcome Honduras to CCRIF and look forward to continuing to engage with the Government as it accesses CCRIF parametric insurance as an effective means of closing the protection gap and strengthening the country’s public financial management framework.

Grand Cayman, Cayman Islands, March 29, 2023. On Thursday March 16, 2023, CCRIF SPC and CEPREDENAC (the Coordination Center for the Prevention of Disasters in Central America and the Dominican Republic) signed a Memorandum of Understanding on the margins of the CCRIF Regional Technical Workshop for Central America on Disaster Risk Financing and CCRIF Parametric Insurance held in Panama City, Panama, on March 15 and 16, 2023.

Grand Cayman, Cayman Islands, February 27, 2023. Over 50 technocrats from 18 CCRIF Caribbean member countries and two regional organizations, met face-to-face in Miami over two days – February 16 and 17, 2023 – to deepen their knowledge and understanding of CCRIF’s parametric insurance models and products. CCRIF also took the opportunity to share with members the upgrades to its tropical cyclone, excess rainfall and earthquake models that are expected to underpin the Facility’s policies for the 2023/24 policy year which begins on June 1, 2023.