Caribbean's New Storm Insurance

The Caribbean’s hurricane crisis is escalating—five Category 5 storms since 2017—and the region’s farmers are bearing the brunt. Enter the Caribbean Development Bank and CCRIF, teaming up to launch a groundbreaking parametric insurance product for agriculture. It pays out instantly when weather triggers hit, ensuring food security and giving farmers a lifeline after devastation. Plus, the CDB is slashing insurance premiums to make coverage accessible to everyday folks. This isn’t just about surviving storms—it’s about building resilience so the Caribbean can truly weather the next blow. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5a899f958ad08d93