Grand Cayman, Cayman Islands, June 14, 2021. CCRIF SPC is pleased to announce that its member governments have renewed their parametric insurance coverage for tropical cyclones, excess rainfall, earthquakes, and the fisheries sector ahead of the upcoming 2021 Atlantic Hurricane Season. This is the second year in a row that members have ceded over US$1 billion in risk to CCRIF. Season. This is the second year in a row that members have ceded over US$1 billion in risk to CCRIF. The Facility’s first non-government member, ANGLEC – Anguilla’s electric utility company – not only renewed but increased its coverage.
