Caribbean Catastrophe Risk Insurance Facility Scholarship
Introduction: CCRIF helps to mitigate the short-term cash flow problems small developing economies suffer after major natural disasters, thus the Caribbean Catastrophe Risk Insurance Facility Scholarship . CCRIF’s parametric insurance mechanism allows it to provide rapid payouts to help members finance their initial disaster response and maintain basic government functions after a catastrophic event. CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) is a risk pooling company, owned, operated and registered in the Caribbean to serve governments in the Wider Caribbean Region and their communities in reducing the economic impact of natural catastrophes.
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Caribbean Catastrophe Risk Insurance Facility Scholarship |
Value: The scholarships are valued at a maximum of US$40,000 each (for extra-regional universities) or $20,000 (for regional universities)
Caribbean Catastrophe Risk Insurance Facility Scholarship Eligibility:
- CCRIF provides a maximum of four scholarships annually for students pursuing a Masters or an MBA programme in a number of pre-identified areas
- are citizens of CARICOM member countries and/or CCRIF member countries in the Caribbean
- Applicants should be holders of a First Class or Upper Second Class Honours degree (or have a GPA of at least 3.0) and have some related work experience.
- one-year Masters-level courses in the following areas at universities in the United Kingdom/ United States/Canada:
- (Catastrophe) Risk Management
- Property/Casualty Insurance
- Meteorology
- Other hazard/disaster related disciplines
Caribbean Catastrophe Risk Insurance Facility Scholarship Deadlines: May.
Best of Luck!
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