Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa

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Insurance Journal - Nov 07, 2025

The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of Jamaica – a policy triggered by excess rainfall from Hurricane Melissa. This payout follows the CCRIF’s first record payment of …...

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