June 2022
June 11, 2022
The Pacific Catastrophe Risk Insurance Company (PCRIC) was invited to the Cook Islands High Commission Official Opening earlier this week in Suva. In attendance was the PCRIC Regional Coordinator, Ms. Akosita Drova.
June 11, 2022
The Pacific Catastrophe Risk Insurance Company (PCRIC) CEO, Mr. Aholotu Palu recently announced that in December 2021, PCRIC received a Christmas gift of €10 million in premium financing from Germany via the World Bank. Further positive news notes that other donor nations are now considering possible additional funding support in the coming days ahead. The accumulation of premium finance support will help to subsidize the cost of PCRIC insurance policies to vulnerable Pacific Island nations.
June 11, 2022
Last week, the Pacific Catastrophe Risk Insurance Company (PCRIC) and Willis Towers Watson (WTW), co-led a virtual group consultation on PCRIC support for drought challenges in Pacific Island countries. WTW is a leading global advisory for risk solutions with extensive experience in disaster risk finance and the Pacific.
June 11, 2022
The Pacific Catastrophe Risk Insurance Company (PCRIC) Legal Advisor, Dr. Timothy Nielander, recently participated as a panelist at the inaugural Bermuda Climate Summit. Dr. Nielander also serves as the long-standing Legal Advisor for the African Risk Capacity (ARC), PCRIC’s sister risk pool organisation. His panel position at the climate summit was based on his renowned ARC role.
June 11, 2022
The Pacific Catastrophe Risk Insurance Company (PCRIC) CEO, Mr. Aholotu Palu recently announced that in December 2021, PCRIC received a Christmas gift of €10 million in premium financing from Germany via the World Bank. Further positive news notes that other donor nations are now considering possible additional funding support in the coming days ahead. The accumulation of premium finance support will help to subsidize the cost of PCRIC insurance policies to vulnerable Pacific Island nations.
June 11, 2022
Last week, the Pacific Catastrophe Risk Insurance Company (PCRIC) and Willis Towers Watson (WTW), co-led a virtual group consultation on PCRIC support for drought challenges in Pacific Island countries. WTW is a leading global advisory for risk solutions with extensive experience in disaster risk finance and the Pacific.
June 11, 2022
The Pacific Catastrophe Risk Insurance Company (PCRIC) was invited to the Cook Islands High Commission Official Opening earlier this week in Suva. In attendance was the PCRIC Regional Coordinator, Ms. Akosita Drova.
June 11, 2022
The PCRIC CEO Mr. Aholotu Palu and the team spent an entire day exchanging knowledge and experience in London with the CEOs of the African Risk Capacity (ARC) Group and CCRIF SPC, Mr. Lindelwe Lesley Ndlovu and Mr. Isaac Anthony. Also in attendance was Ms. Sophie Evans, the Associate Director – Advisory for the Centre for Disaster Protection.
June 8, 2022
A delegation from the Pacific Catastrophe Risk Insurance Company (PCRIC) headed by CEO Mr. Aholotu Palu, has travelled to the UK for a ground-breaking global summit to be held from the 7th to 10th June. Alongside PCRIC, the African Risk Capacity (ARC) and the Caribbean Catastrophe Risk Insurance Facility (CCRIF), will attend this inaugural gathering of regional risk pool organisations. The event will also see critical industry underwriters and advisors participating to exchange ideas, enhance collaboration, and strengthen engagement across the risk pool sphere.