Climate disasters are fuelling a debt storm in the Caribbean. Insurance could help

For the island countries of the Caribbean, the trail of destruction left by tropical storms extends to government debt — and their ability to borrow the money they need to rebuild and recover.

Climate disasters are fuelling a debt storm in the Caribbean. Insurance could help
Waves crash into a pier after Hurricane Beryl made landfall in Trinidad and Tobago in July. Beryl made history as the earliest Category 5 storm to ever form in the Caribbean.

For the island countries of the Caribbean, the trail of destruction left by tropical storms extends to government debt — and their ability to borrow the money they need to rebuild and recover.