The Caribbean Catastrophe Risk Insurance Facility has reported that, while some of its members were impacted by tropical storm Isaac, most of the damage was minimal. “Dominica, Haiti and the Bahamas were the CCRIF countries affected by Isaac,” said the …
According to catastrophe modeling firm AIR Worldwide, Tropical Storm Isaac made landfall about 40 miles [64 kms] east of Guantanamo, Cuba, on Sunday with sustained winds of 60 mph [96 km/h]. AIR said Isaac’s “passage over the mountainous tip of …
In its bulletin issued at 5:00 a.m. EDT the national Hurricane Center in Miami described tropical storm Isaac as “poorly organized.” As a result its most serious threat is not from the wind speed, around 45 mph, 75 km/h, but …
Global reinsurer Swiss Re is introducing business interruption coverage in case of cholera outbreaks for women entrepreneurs in Haiti. Swiss Re, together with Mercy Corps and Fonkoze, the largest microfinance organization in Haiti, are introducing a new cholera insurance program. …
Tropical Storm Emily broke apart over the mountains of Haiti and the Dominican Republic Thursday, but its remnants still packed rains threatening flash floods and mudslides in the neighboring Caribbean countries. The U.S. National Hurricane Center said the storm dissipated …
Tropical Storm Emily brushed past Puerto Rico and set its sights on the Dominican Republic and Haiti, where more than 630,000 people are still without shelter after last year’s earthquake. A “steady shield of rain” should reach the island of …
