The Government of Saint Lucia has renewed all its parametric insurance coverage for Tropical Cyclone, Excess Rainfall, Earthquake, and the fisheries sector in preparation for the 2020 Atlantic Hurricane Season with the Caribbean Catastrophe Risk Insurance Facility (CCRIF).
This financial year the Government of Saint Lucia was privileged to receive substantial support towards the payment of its premium. Premium support was provided by:
CCRIF was formed in 2007 as the first multi-country risk pool in the world and has made 41 payouts totaling US$152 million to 13 member governments on their tropical cyclone, earthquake, and excess rainfall policies.
For further information, please contact the Procurement Administration Office at telephone number(s): 468-5522.