Hurricane season brings financial fears in the Caribbean

3 hours ago Share Save Gemma Handy Business reporter, St Johns, Antigua Share Save

Getty Images Homes in Barbuda were flattened by 2017's Hurricane Irma

For some Barbudans, thunderstorms still trigger flashbacks of the night in September 2017 when they lost everything they owned to Hurricane Irma's devastating winds. Eight years on, while memories may be close to hand, home insurance for many on Barbuda and other islands in the Caribbean's hurricane belt is more prohibitively expensive than ever. Across the region premiums have gone through the roof in the past two years, surging by as much as 40% on some islands, according to industry figures.

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