Cat Facility CCRIF to Pay Trinidad & Tobago $7M for Severe October Rains

Cayman Islands-based CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) announced that Trinidad & Tobago will receive a payout of US$7,007,886 (approximately TT$47.4 million) on an excess rainfall policy following a period of heavy rainfall between Oct. 18 and …

from News – Insurance Journal http://ift.tt/2z1fqxK