Cayman Islands-based catastrophe facility CCRIF SPC has increased its membership with the addition of Panama, which purchased parametric insurance cover...
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CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) announced that Barbados will receive a payout of US$5,813,299 for excess...
CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) announced that British Virgin Islands and Montserrat have joined the facility...
Britain is backing a hedge fund that aims to raise $200 million to give developing countries access to climate risk...
European gas trading platform Pegas said it is developing temperature products, which if approved could go live next year and...

Parametric insurance can play a significant role in closing the insurance protection gap – a problem that plagues economies in...
After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get...
Cayman Islands-based CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) announced that Trinidad & Tobago will receive a payout...
Cayman Islands-based CCRIF (formerly the Caribbean Catastrophe Risk Insurance Facility) will make payments totaling US$29.6 million to six Caribbean nations...
Financial markets are showing some signs of volatility these days after exceptionally low indicators since the start of the 2017....