Hurricane Melissa has left Jamaica in ruins, causing widespread destruction across the island. The powerful Category 5 storm struck with full force, tearing off roofs, uprooting trees, flooding communities, and knocking down power lines, leaving thousands without electricity or shelter.
The damage has been especially devastating for homeowners without insurance, as reports show that less than 5% of properties in Jamaica are insured. Many residents now face the overwhelming task of rebuilding with little to no financial support.
Communication blackouts in several areas have made it difficult to assess the ful
l extent of the damage, though early reports indicate massive losses.According to the ratings agency AM Best, Jamaica’s low insurance coverage leaves both individuals and businesses exposed to crippling financial hardship after disasters of this magnitude.
Despite the challenges, global support is on the way. Jamaica is expected to receive the full $150 million payout from a catastrophe bond arranged through the World Bank, while the World Food Programme (WFP) has activated its sovereign insurance mechanism to provide emergency funds to affected households.
Prime Minister Andrew Holness has declared the entire island a disaster area and initiated nationwide recovery and relief efforts. The WFP is working closely with the Jamaican government to coordinate emergency logistics and distribute food assistance to communities hardest hit by the hurricane.
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