In less than two months’ time will take place the VII Regional Platform for Disaster Risk Reduction in the Americas and the Caribbean (RP21), the region’s most important disaster risk reduction event. It is anticipated that approximately 3000 persons will gather for this meeting, which will be held virtually for the first time with the aim of building more resilient economies in the region.

Grand Cayman, Cayman Islands, August 18, 2021. CCRIF SPC will make a payout of approximately US$40 million to the Government of Haiti following the devastating magnitude 7.2 earthquake that struck Haiti on August 14th, 2021, significantly impacting the city of Les Cayes. This payout represents the full coverage limit under the country’s parametric insurance policy for earthquakes for the 2021/22 policy year. As CCRIF’s insurance policies are parametric, payouts are made within 14 days of an event.

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