CCRIF SPC makes full payout to Guatemala under excess rainfall policy

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Reinsurance News - Jul 04, 2024

CCRIF SPC reportedly made a payout on July 1st of $6,376,184 to the Government of Guatemala following heavy rains from June 13th to 19th. According to CCRIF, this payout represents the Government of Guatemala’s full payout under its excess rainfall (XSR) policy, meaning that the policy has reached i...

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