Jamaica to receive record $70.8m CCRIF parametric payout for Hurricane Melissa
Reinsurance News - Nov 03, 2025
The government of Jamaica is set to receive a record payout of USD 70.8 million (J$11.4 billion) following the passage of Hurricane Melissa, under the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC) parametric insurance model. This marks the largest single payo...
Recommended Articles
Posted: Nov 05, 2025
Home insurance firm Hippo reported net income of $98 million for the third quarter of 2025, compared...
Posted: Nov 05, 2025
During a recent interview, Neil Eckert, co-founder and Chief Executive Officer (CEO) of Bermuda-base...
Posted: Nov 05, 2025
Jon Hancock, EVP & CEO of International Commercial and Global Personal Insurance at AIG, said th...