CCRIF

CCRIF, or the Caribbean Catastrophic Risk Insurance Pool, is a specialized insurance organization that provides financial protection to Caribbean countries against natural disasters like hurricanes, earthquakes, and heavy rains. It helps governments quickly access funds needed for emergency response and recovery, reducing the financial strain caused by such events. By pooling resources from member nations, CCRIF spreads risk and offers affordable insurance premiums. This enables countries to be better prepared for disasters, minimize economic disruption, and accelerate recovery efforts, ultimately supporting resilience and sustainable development in the region.