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CCRIF to pay US $17.4m to Panama after M7.7 quake triggers parametric coverage
This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. CCRIF SPC, the regional parametric risk pool for the Caribbean and Central America, is set to make a payout of US $17.4 million to the government of Panama after the recent magnitude 7.7 earthquake triggered its parametric disaster insurance protection under the facility. This earthquake struck Panama on October 9th and CCRIF explained that based […] CCRIF to pay US $17.4m to Panama after M7.7 quake triggers parametric coverage was published by: www.Artemis.bm Our catastrophe bond