Excess Rainfall definition

Excess Rainfall means the actual rainfall in excess of the trigger value (calculated on daily / weekly/ monthly basis) subject to capping (as wherein applicable) recorded at the reference weather station during the reference period.
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Excess Rainfall means the actual daily / aggregate of risk period/ consecutive cumulative rainfall in excess (or deficit) of the trigger value
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Excess Rainfall means the actual daily / aggregate of risk period/ consecutive
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Examples of Excess Rainfall in a sentence

  • CCRIF has recently implemented a new Excess Rainfall Loss model (XSR 2.0) which computes the country aggregated losses due to excess rainfall on a daily basis and, when the excess rainfall exceeds a threshold level on a sufficiently large portion of a country, it computes the losses and the insurance payout according to pre-defined policy parameters.

  • Other reports are being issued regarding other CCRIF member countries that have Excess Rainfall policies.

  • CCRIF also seeks to effectively enable non-members to become members of the Facility and currently is offering the new Excess Rainfall (XSR) product to member and non-member countries.

  • During this period, discussions regarding the Excess Rainfall product continued with countries who expressed interest in the product.

  • The Rainfall Index Loss was calculated for this Covered Area Rainfall Event (CARE) that started on 18 October and ended on 20 October 2018, producing government losses which were above the attachment point of Trinidad’s Excess Rainfall policy.

  • Final calculations show that a payout of US$2,534,550.65 is due.The Government of Trinidad and Tobago purchased two separate Excess Rainfall policies – one for Trinidad and one for Tobago.

  • Flood index, i.e., Excess Rainfall days (ERDs) index has been developed to measure the flood risk with special reference to South-West monsoon.

  • The Rainfall Index Loss calculated for this Covered Area Rainfall Event (CARE) that started on 18 October and ended on 20 October 2017, produced government losses which were above the attachment point of Trinidad’s Excess Rainfall policy.

  • The Rainfall Index Loss was calculated for this Covered Area Rainfall Event (CARE) that started on 18 September and ended on 19 September 2017, producing government losses which were above the attachment point of Barbados’ Excess Rainfall policy.

  • The Rainfall Index Loss, calculated for this Covered Area Rainfall Event (CARE) that started on 5 October and ended on 8 October 2017, was below the attachment point of Nicaragua’s Excess Rainfall policy and therefore no payout is due.As reported in the previous Event Briefing dated 8 October 2017 for Tropical Cyclone Nate that affected Nicaragua´s coast, the preliminary runs of CCRIF’s loss model for wind and storm surge produced government losses for Nicaragua.

Related to Excess Rainfall

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