Panama will get US$26.7 million for flood restoration from CCRIF

November 22, 2024| nudesome| 0 Comment| 5:54 pm

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AUTO INSURANCE NEWS

Tags: CCRIF SPC, disaster, Government of Panama

The Authorities of Panama has acquired a US$26.7 million payout from CCRIF SPC, a regional parametric insurance coverage supplier, following an excessive rainfall occasion that occurred from Oct. 31 to Nov. 4. In line with a information launch, the rainfall prompted extreme flooding, landslides, infrastructure injury, and crop loss, affecting 1,500 individuals and claiming 11 lives. CCRIF’s speedy disbursement was made inside 14 days of the occasion.

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Panama will get US$26.7 million for flood restoration from CCRIF

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