CCRIF pays $7.75m to Haiti

Haiti quake map

The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has paid out $7.75m to the Government of Haiti following the Magnitude 7.0 earthquake which struck close to Port-au-Prince on 12 January, causing damage of catastrophic proportions.

"This represents the full amount due to the country based on its catastrophe insurance policy for earthquakes for the 2009/10 policy year, and which forms part of the country’s disaster risk

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