September 2024

21 September 2024

PCRIC Makes Impact at ADB Climate Insurance Forum

The PCRIC CEO, Mr. Aholotu Palu, participated as a panelist at the recent Climate Insurance Forum, hosted by the Asian Development Bank (ADB) at its headquarters in Manila, Philippines. The panel featured representatives from regional risk pools, including CCRIF and SEADRIF, as well as organisations such as the Natural Hazards Commission of New Zealand and PT Reasuransi MAIPARK Indonesia.
12 September 2024

PCRIC Meets with the National Reserve Bank of Tonga

Whilst in Tonga, the PCRIC team held a successful meeting with the Governor of the National Reserve Bank of Tonga (NRBT), Mr. Tatafu Moeaki and Deputy Governor, Ms. ‘Ungatea Latu. As it falls under the purview of the NRBT, high on the agenda was discussion of the Insurance Bill which is currently under review by the World Bank.
10 September 2024

PCRIC Meets with the Climate Finance Capacity Support Programme

PCRIC recently received another vote of confidence in its lead position in DRF solutions for Pacific Islands nations when approached by the Climate Finance Capacity Support Programme (CFCSP). Funded by the New Zealand Ministry of Foreign Affairs and Trade (MFAT), CFCSP was keen to explore the possibility of collaboration on work being undertaken in Nauru on development of a Drought Response Plan.