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.
June 11, 2022

PCRIC Invited to Cook Islands High Commission Official Opening

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

PCRIC Secures €10 Million Donation from Germany to Assist with Premium Financing

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.