Parametric Catastrophe Facility CCRIF to Pay Haiti $40M Following Deadly Quake

CCRIF SPC, the Cayman Islands-based parametric catastrophe facility, will pay approximately US$40 million to the government of Haiti, following the devastating magnitude 7.2 earthquake, which struck the Caribbean island on Aug. 14, significantly affecting the city of Les Cayes. This …

from News – Insurance Journal https://ift.tt/37Yba1y