Caribbean Cat fund renews for 2008 season
All sixteen original member governments of the World-bank sponsored Caribbean Catastrophe Risk Insurance Facility (CCRIF) have renewed their 2008 policies.
Additionally, one member government - Bermuda - has made a US$500,000 donation to the facility’s reserves.
Bermuda's Premier Ewart Brown said, “The government of Bermuda’s commitment to proactive
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