Grand Cayman, Cayman Islands:— CCRIF has made payouts totaling US$30.6 million to the Government of Nicaragua following the passage of Tropical Cyclones Iota and Eta, which made landfall as Category 4 hurricanes along the Nicaraguan coast within two weeks of each other in November. Both hurricanes resulted in landslides and flooding, displacing thousands, with Nicaragua’s National Disaster Prevention System (SINAPRED) reporting that at least 16 persons died and many are still missing. CCRIF expresses sympathy to all those who have lost loved ones and knows that these payouts, whilst important to help with addressing immediate needs and closing the ...
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