CCRIF Makes Record $122m Payouts in 2024-25 Policy Year

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has made a record payout of over $122 million during the 2024-25 policy year, marking its most impactful year since inception. This significant payout is a result of Hurricane-related claims, highlighting the importance of catastrophe insurance in the region. The CCRIF's payout demonstrates its commitment to providing financial support to i

Sector: Insurance | Confidence: 99%
Source: https://www.royalgazette.com/reinsurance/business/article/20260226/ccrif-makes-record-122m-payouts/

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Council (4 models): Synthesis failed

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