The Caribbean Catastrophe Risk Insurance Facility offers parametric insurance for Caribbean and Central American governments. So when a disaster strikes, like the 2010 earthquake in Haiti, the CCRIF pays out quickly, giving the national governments much-needed funding for relief efforts. Credit: UN Photo/Logan Abassi

The Caribbean Catastrophe Risk Insurance Facility offers parametric insurance for Caribbean and Central American governments. So when a disaster strikes, like the 2010 earthquake in Haiti, the CCRIF pays out quickly, giving the national governments much-needed funding for relief efforts. Credit: UN Photo/Logan Abassi

The Caribbean Catastrophe Risk Insurance Facility offers parametric insurance for Caribbean and Central American governments. So when a disaster strikes, like the 2010 earthquake in Haiti, the CCRIF pays out quickly, giving the national governments much-needed funding for relief efforts. Credit: UN Photo/Logan Abassi

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