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Facilitating catastrophe risk transfer (Английский)

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) was established in 2007 with the support of the World Bank, the Government of Japan and other donors. CCRIF provides insurance coverage against earthquake, hurricanes and excessive rainfall to sixteen Caribbean countries. CCRIF is designed as a parametric insurance facility, providing fast and transparent payments when a weather event hits one of its constituents and triggers a payout. The...
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