June 2023

The Pacific Catastrophe Risk Insurance Company (PCRIC) is delighted to announce its upcoming incorporation into the Global Shield Coordination Hub as reflected in the recently approved governance charter. This significant development is a direct outcome of the endorsement received from the InsuResilience High-Level Consultative Group (HLCG) in May.

The Pacific Catastrophe Risk Insurance Company (PCRIC) CEO, Mr. Aholotu Palu, represented the company at the recent InsuResilience Annual Forum 2023 in Bonn, Germany. In a passionate address, the urgency for collaborative action to address climate change and its devastating impact on the Pacific region was emphasized.

The Pacific Catastrophe Risk Insurance Company (PCRIC) CEO, Mr. Aholotu Palu and Premium Financing Strategist, Mr. Charles Owen, represented the company at the InsuResilience Global Partnership (IGP) Secretariat technical workshop on premium financing in Bonn, Germany.

The Pacific Catastrophe Risk Insurance Company (PCRIC) was invited by the United Nations Climate Change to participate in the second Glasgow Dialogue (GD2) to deliver an intervention highlighting specific and tangible challenges faced by Pacific nations related to new funding mechanisms, with a particular focus drawing on PCRIC's experiences. 

The Pacific Catastrophe Risk Insurance Company (PCRIC) is pleased to formally announce the re-election of Ms. Sarah-Jane Wild as Chair and Mr. Barry Whiteside as Director, reaffirming their esteemed positions within the organization.

The Pacific Catastrophe Risk Insurance Company (PCRIC) has been invited to speak at the InsuResilience Annual Forum 2023 and participate in a technical workshop on premium financing in Bonn, Germany where the PCRIC CEO, Mr. Aholotu Palu, will represent the company.

The Pacific Catastrophe Risk Insurance Company (PCRIC) has been invited to a private workshop on premium support for disaster risk financing (DRF), organized by the Centre for Disaster Protection (the Centre), as part of the Bonn Climate Change Conference in Germany. The PCRIC CEO, Mr. Aholotu Palu, will represent the company at the event.