Tag: Hurricane Melissa
Hurricane Melissa Shows How Quickly Climate Change Is Outstripping Defenses
Jamaica has invested tens of millions of dollars in bolstering...
Catastrophe Bonds Absorb ‘Black Swan’ Event Dealt by Melissa
A rare thing is about to happen in the $55...
Jamaica Catastrophe Bond Headed for Full Payout After Hurricane, World Bank Says
Investors in Jamaica’s catastrophe bond now face a 100% payout...
Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa
The Caribbean parametric insurer, CCRIF SPC, announced it will make...
KCC Estimates Privately Insured Losses From Hurricane Melissa Will Hit $2.4 Billion
Catastrophe modeler KCC estimated that privately insured losses from Hurricane...
Zurich Insurance Sees No Material Loss From Hurricane Melissa, CFO Says
Zurich Insurance does not expect any material financial losses from...
Here’s How Much Hurricane Melissa Was Worsened by Climate Change
Hurricane Melissa became the most powerful storm on record to...
Jamaica to Get Record $70.8M Parametric Payout From CCRIF for Hurricane Melissa
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will...
Insured losses From Hurricane Melissa Could Reach $4.2 Billion, Verisk Estimates
Insured losses from Hurricane Melissa’s strike on Jamaica are expected...
Jamaica Catastrophe Bond Has Now Triggered, Government Says
Jamaica’s catastrophe bond has now triggered as a result of...
Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion
The wreckage caused by Hurricane Melissa in Jamaica is expected...
Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe
Hurricane Melissa is forecast to dissipate in the Atlantic Ocean...