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CCRIF’s Members in the Caribbean and Central America Renew Catastrophe Risk Insurance Policies Ahead of Another Active Hurricane Season

Grand Cayman, Cayman Islands, June 14, 2021. CCRIF SPC is pleased to announce that its member governments have renewed their parametric insurance coverage for tropical cyclones, excess rainfall, earthquakes, and the fisheries sector ahead of the upcoming 2021 Atlantic Hurricane Season. This is the second year in a row that members have ceded over US$1 billion in risk to CCRIF. Season. This is the second year in a row that members have ceded over US$1 billion in risk to CCRIF. The Facility’s first non-government member, ANGLEC – Anguilla’s electric utility company – not only renewed but increased its coverage.

Launch of Forum on School Safety in the context of Systemic Risk

The Caribbean Safe School Initiative (CSSI) Virtual Pre-Ministerial Forum opened on March 15, 2021 under the theme Regional Review on School Safety in the context of Systemic Risk. More than 20 countries and territories as well as multilateral agencies and other partners attended the event that addresses the Caribbean’s response to economic, human, natural and health crisis in the education sector.

Construction on BVI National Emergency Operations Centre Begins

With heavy machinery and ceremonial shovels, demolition of the former home of the Department of Disaster Management (DDM) and construction of a state-of-the-art new National Emergency Operations Centre (NEOC) began with a groundbreaking ceremony this week in McNamara.

CCRIF’s Members in the Caribbean and Central America Renew Catastrophe Risk Insurance Policies Ahead of Another Active Hurricane Season

Launch of Forum on School Safety in the context of Systemic Risk

Construction on BVI National Emergency Operations Centre Begins

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