CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) is a not-for-profit risk pooling facility, owned, operated and registered in the Caribbean for Caribbean governments. It offers parametric insurance designed to limit the financial impact of catastrophic tropical cyclones, earthquakes and excess rainfall events on Caribbean governments by quickly providing short-term liquidity when a policy is triggered.

In 2014, the facility was restructured into a segregated portfolio company (SPC) to facilitate offering new products and expansion into new geographic areas and is now named CCRIF SPC. The new structure, in which products are offered through a number of segregated portfolios, allows for total segregation of risk.

This third publication of technical papers, which focuses on work completed by recipients of CCRIF scholarships who have completed a Masters degree in areas related to disaster risk management.

This book provides answers to questions frequently asked by persons who wish to learn more about CCRIF and its products and services. It is an update to the publication, “A Guide to Understanding CCRIF – A Collection of Questions and Answers”.