Tropical Cyclone (TC) Gita a Category 4 Cyclone passed over the Tongatapu and ‘Eua island groups on Monday Feb 12, 2018. Upon landfall, TC Gita had […]
The Pacific Region is prone to many natural hazards that threaten populations and cause significant economic losses due to damage to the built environment and crops. […]
The Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI) insurance program provide climate and disaster risk insurance to member countries in the Pacific region. Its primary […]
Recent images showing the recovery efforts underway in Tonga remind us again of the tragic event which befell our neighbour just over a month ago. The extent of the human cost with lives lost and many families entirely dislocated is […]
As Chairman of the Council of Members of the Cook Islands based Pacific Catastrophic Risk Insurance Foundation (PCRIF), Mr. Shiri Gounder (Permanent Secretary, Fiji Ministry of Economy) recently convened an extraordinary online meeting […]
The Pacific Islands Forum and the Pacific Catastrophe Risk Insurance Company (PCRIC) have confirmed a new partnership which includes the placement of a Forum PCRIC Regional Coordinator to provide advice and capacity building to Pacific Island Countries.
The Pacific Catastrophe Risk Insurance Facility Act 2021 (PCRIF Act) has updated PCRIC’s legal structure to permit new and unique risk transfer products to be offered to its Pacific Island country members. The Board and CEO […]