How Jamaica took out an insurance policy for itself, and why it’s about to pay off after Hurricane Melissa

Residents stand on the wreckage of a house destroyed by Hurricane Melissa in Santa Cruz, Jamaica, Wednesday, Oct. 29, 2025.

Jamaica’s decade-long effort to build layers of financial protection in case of natural disasters might help the country access millions of dollars in the immediate aftermath of Hurricane Melissa — and provide a model to follow for climate-vulnerable nations elsewhere.

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