CCRIF Provides Payout of US$ 12.8 million to The Bahamas After Hurricane Dorian. | SMN News

CCRIF has made a payout to the Government of The Bahamas totaling US$12.8 million (US$12,824,153) following the passage of Hurricane Dorian that caused widespread devastation in the northern part of the country affecting 2 of the 16 main islands that make up this archipelago of islands and cays. The Bahamas has 3 tropical cyclone policies and 3 excess rainfall policies with CCRIF – each covering a section or zone of the archipelago – North West, South East and Central. The Government received US$11,527,151 from the triggering of its tropical cyclone policy and US$1,297,002 from its excess rainfall policy for

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