CCRIF calls for increased insurance coverage

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) is calling on countries in the region to increase their insurance coverage as they experience more frequent and intense storms. This comes as they prepare to release over forty-four million US dollars to Grenada, which experienced devastation following the passage of Hurricane Beryl less than two weeks ago. Speaking at a press conference, CCRIF’s CEO, Isaac Anthony, emphasised the need for the Caribbean to have access to relief funds immediately after a disaster.