Swift CCRIF Payout Aiding Hurricane Recovery
Jamaica received US$91.9 million from the Caribbean Catastrophe Risk Insurance Facility (CCRIF) within 14 days following Hurricane Melissa, providing the Government with critical funds to begin recovery efforts while reducing pressure on the national Budget. Head of Technical Assistance and Corporate Communications at CCRIF, Elizabeth Emmanuel, said the rapid payout demonstrates the value of parametric insurance in helping countries respond...









