CCRIF parametric payouts reach $266.8m after $4.9m for 2023 Atlantic storms
The CCRIF SPC (formerly known as the Caribbean Catastrophic Risk Insurance Facility) made three payouts on parametric insurance policies to member governments from storms in the 2023 Atlantic hurricane season, taking the total it has paid out to almost US $266.8 million since its inception. Three payouts totalling US $4.9 million were made for storms […]