Parametric Earthquake Insurance Grant
••••• organisation
An organisation based in Cayman Islands
Parametric earthquake insurance policy for Caribbean and Central American governments that triggers automatic payouts within 14 days based on earthquake intensity and catastrophe model outputs. This is a sovereign risk-transfer instrument designed to enable rapid post-disaster liquidity for eligible governments.
About this grant
Parametric insurance policy for Caribbean and Central American governments covering earthquake events. Payouts are triggered based on event intensity and pre-agreed catastrophe model estimates, delivered within 14 days.
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Frequently asked questions
- Who can apply for Parametric Earthquake Insurance?
- Eligibility covers organisations in BB, AG, BS, BZ, DM, GD and 12 more countries; local-authority. The full eligibility conditions are part of the Pro detail.
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