Parametric Catastrophe Facility CCRIF Adds Panama to Growing Roster of Members
Cayman Islands-based catastrophe facility CCRIF SPC has increased its membership with the addition of Panama, which purchased parametric insurance cover for excess rainfall. CCRIF’s membership now stands at 21 countries – 19 Caribbean governments and two Central American governments. CCRIF added four new members to the facility this policy year, which began on June 1, […]