Hurricane Sandy losses News

On Friday April 12, 2013 the Government of Jamaica and the Caribbean Catastrophe Risk Insurance Facility (CCRIF) signed a Memorandum of Understanding (MoU), formalizing a donation of $100,000 made by CCRIF to the Government of Jamaica to support Jamaica’s post-disaster …

A report from Standard & Poor’s Ratings Services notes that “despite uncertainties regarding final loss totals from Hurricane Sandy expects only a limited ratings impact on insurers and reinsurers exposed to such losses.” According to the report, “Hurricane Sandy Brings …