Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa

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Insurance Journal - Nov 04, 2025

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of Jamaica to cover damages from Hurricane Melissa. This marks the largest single payout in the history of CCRIF, the Cayman …...

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