Belize receives parametric payout from CCRIF SPC after November rains
Reinsurance News - Dec 23, 2024
The Government of Belize received $805,794 under one of The Caribbean Catastrophe Risk Insurance Facility (CCRIF) SPC’s Wet Season Trigger, a recently introduced policy endorsement. From November 16th to 18th, the coastal area of northern Belize received rainfall due to Tropical Cyclone Sara, occurr...
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