Photo credit: Caribbean Business Report St Vincent and the Grenadines Minister of Finance Camillo Gonsalves says the country’s economy lost an estimated EC$290.12 million (US$107 million) following the collapse of the two Trinidad-based insurance companies in 2009. In October, the Trinidad-based Caribbean Court of Justice (CCJ) ruled that the Trinidad and Tobago government was not […]
The Government of Honduras received a payout of US$4,665,090 within 14 days of an excess rainfall event that affected that country over the period November 14 to 19, 2024. The Government of Honduras joined CCRIF in 2024, purchasing parametric insurance coverage for excess rainfall, effective June 1, 2024. On receipt of the payout, Minister of […]
