When Hurricane Delta hit Mexico’s Caribbean coast in 2020, insurance payouts were released within days – not to rebuild hotels or roads, but to repair coral reefs.
In the Mexican state of Quintana Roo, reefs are insured and restoration is taken care of by a local trust. After storms, payouts fund rapid restoration so reefs can keep doing their job: breaking up waves so they don’t erode the shore, reducing flooding, protecting tourism jobs and lowering insurance losses.
