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Maroc Maroc - JAMAICA-GLEANER.COM - News Stories - 11/Mar 13:41

Gov’t strengthening disaster risk financing

The Government is working to strengthen its suite of disaster risk financing instruments to safeguard against the uncertainties of natural disasters. Accordingly, the Government intends to renew the Caribbean Catastrophe Risk Insurance Facility (CCRIF-SPC) policy in May 2026. The administration will maintain savings in the National Natural Disaster Risk Financing (NNDRF), National Disaster Fund (NDF), and Contingencies Fund, while also seeking to renew contingent credit lines to strengthen its risk-retention capacity.

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