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Displaying 5 of about 5 resultsThis paper explains the excess rainfall parametric insurance product of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) and Swiss Re Excess Rainfall (XSR), which helps to mitigate the short-term cash flow problems small developing economies suffer after major natural disasters. The product is aimed primarily at extreme high rainfall events of…
Technical paper series no 1:
This paper explains the parametric insurance system of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) in the event of a hurricane or an earthquake. The paper explains the differences between parametric insurance systems and indemnity-based systems, how payments are calculated, and the CCRIB catastrophe model.…
This desk review recognizes the importance of evidence-based approaches to disaster risk management (DRM), and aims at evaluating gender-responsive disaster preparedness and recovery efforts in the nine CFR Caribbean countries: Antigua and Barbuda, Belize, Dominica, Grenada, Guyana, Jamaica, Saint Lucia, Saint Vincent and the Grenadines, and Suriname. T…
Sectoral recovery capacity assessment (SRCA), developed by the Canada-Caribbean resilience facility (CRF) and the Caribbean Disaster Emergency Management Agency (CDEMA), analyzes the capacity of key sectors for efficient and coordinated recovery and provides recommendations to improve recovery processes along three main axes: governance, competencies an…
On December 24 and 25, 2013, a tropical trough system produced excessively heavy rains in Saint Lucia—at a time normally considered outside of the hurricane season. The extreme rainfall led to rapid and intense flash flooding as well as numerous landslides, and caused severe damage to transport, water supply, and drainage infrastructures as well as sign…