The Caribbean Catastrophe Risk Insurance Facility (CCRIF) said it has since October had to make payments totalling US$15.2 million for events associated with the 2022 hurricane season to at least three of its member governments.

According to the regional insurance fund facility, a total of four payments were made to countries namely: Nicaragua, which received US$8.9 million on the country’s tropical cyclone policy following Hurricane Julia; Trinidad and Tobago, which received US$5.84 million, following heavy rains that occurred during October 5-8, 2022 resulting in widespread flooding in the twin-island nation along with another US$420,645 paid to Antigua and Barbuda on the country’s excess rainfall policy following rains associated with Tropical Cyclone Fiona.

https://www.jamaicaobserver.com/business/ccrif-makes-us15-2-million-in-payouts/