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This 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…
In November 2016, two tropical trough systems produced heavy rains in Saint Vincent and the Grenadines, which resulted in intense flooding across the island chain. The torrential rains, ensuing flash flooding, and landslides resulted in widespread damage to road, bridges, water infrastructure, and housing. This report provides a rapid damage and loss a…
On 24 and 25 December 2013, a tropical trough system produced heavy rains in Saint Vincent and the Grenadines (SVG), which resulted in intense flooding across the island. The ensuing rapid and intense flash flooding resulted in widespread damage to road infrastructure, electricity and water infrastructure, housing as well as public and private buildings…

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