June 29, 2022

PCRIC Hastens its Drought Product Development

The Kiribati government recently declared a state of disaster due to a severe drought experienced by the island nation. The timing of this drought proved to be near prescient having occurred almost immediately after the Pacific Catastrophe Risk Insurance Company (PCRIC) and WTW, co-led a virtual group consultation on PCRIC support for drought challenges in Pacific Island Countries (PICs).
June 29, 2022

PCRIC meets with its reinsurance partners

The CEO of the Pacific Catastrophe Risk Insurance Company(PCRIC), Aholotu Palu, has met with a representative of Hiscox Syndicate at Lloyd’s in London to discuss expansion plans.
June 29, 2022

PCRIC interns complete disaster risk training program

The interns of the Pacific Catastrophe Risk Insurance Company (PCRIC) were all smiles as they proudly received their certificates of completion and awards from the CEO, Mr Aholotu Palu, recently. Attending the presentation was the University of the South Pacific Student Association Deputy Secretary General, Mr. Aneet Kumar.
June 22, 2022

PCRIC Meets with its Reinsurance Partners

The PCRIC CEO, Mr. Aholotu Palu, met with a representative of Hiscox Syndicate at Lloyd's in London. Hiscox Syndicate has been a reinsurer of PCRIC's policies since 2020.
June 22, 2022

PCRIC Team Meets with the World Bank

While in London, the Pacific Catastrophe Risk Insurance Company (PCRIC) team met with The World Bank representatives and colleagues of the PCRAFI project to discuss issues of importance to the operation and financial sustainability of the company.
June 22, 2022

Insurance Risk Pool Summit Gathers Momentum

Day 2 of the CEOs and Underwriting Officers risk pool summit saw another session of knowledge and experience interchanged between the sister organisations. During the discussions, the Pacific Catastrophe Risk Insurance Company (PCRIC) CEO Mr. Aholotu Palu also shared some key aspects.
June 21, 2022

PCRIC Meets with its Reinsurance Partners

The PCRIC CEO, Mr. Aholotu Palu, met with a representative of Hiscox Syndicate at Lloyd's in London. Hiscox Syndicate has been a reinsurer of PCRIC's policies since 2020.
June 17, 2022

Insurance Risk Pool Summit Gathers Momentum 

Day 2 of the CEOs and Underwriting Officers risk pool summit saw another session of knowledge and experience interchanged between the sister organisations. During the discussions, the Pacific Catastrophe Risk Insurance Company (PCRIC) CEO Mr. Aholotu Palu also shared some key aspects.
June 17, 2022

PCRIC Team Meets with the World Bank

While in London, the Pacific Catastrophe Risk Insurance Company (PCRIC) team met with The World Bank representatives and colleagues of the PCRAFI project to discuss issues of importance to the operation and financial sustainability of the company.