Articles

February 16, 2023

Disaster risk financing

Despite Fiji’s inclusion in Pacific Catastrophe Risk Insurance Company’s (PCRIC) risk pool, the country currently lacks a PCRIC insurance policy. This was highlighted by PCRIC during a meeting with Deputy Prime Minister and Minister for Finance, Strategic Planning, National Development and Statistics, Professor Biman Prasad.
February 15, 2023

PCRIC Welcomes Anticipated FAO Collaboration

In yet another potential collaboration, the Pacific Catastrophe Risk Insurance Company (PCRIC) held a virtual meeting with the Food and Agriculture Organization of the United Nations (FAO) to explore the feasibility of partially incorporating elements of anticipatory action (AA) to PCRIC's insurance payouts.
February 15, 2023

PCRIC Delighted with Potential Partnership

Following their respective meetings at COP27, the Pacific Catastrophe Risk Insurance Company (PCRIC) team held a virtual meeting with Mr. Jan Kellett, Special Advisor, Head of Insurance and Risk Finance for UNDP, and Mr. Mathieu Dubreuil, the Senior Programme Advisor for Climate Risk Insurance for the UN World Food Programme WFP.
February 6, 2023

PCRIC Meets with Fiji’s New Minister of Finance

Recently, the Pacific Catastrophe Risk Insurance Company (PCRIC) team along with one of its Directors, Mr. Barry Whiteside, met with Fiji’s new Deputy Prime Minister and Minister for Finance, Strategic Planning, National Development and Statistics, Hon. Professor Biman Chand Prasad.
February 6, 2023

2022 PCRIC HIGHLIGHTS

As we turn the page on another year and enter a new one, we took a moment to reflect on some of our highlights over the past year and we'd like to share a few of them.
February 1, 2023

PCRIC Strategizes Way Forward with Communications Team

The Pacific Catastrophe Risk Insurance Company (PCRIC) CEO Mr. Aholotu Palu met with their media and communications team, Webmedia South Pacific, at their Suva office to discuss initiatives, plans and strategies for upcoming communication efforts in the new year.
January 30, 2023

PCRIC Explores Exciting Opportunity with PNG Cable Company

The Pacific Catastrophe Risk Insurance Company (PCRIC) technical team have been engaged in in-depth discussions with PNG DATACO LIMITED, a state-owned entity in Papua New Guinea that provides wholesale services to the information and communication industry, mandated to build, own and operate the national transmission network.
January 30, 2023

PCRIC Meets with Tongan Finance Minister

The Pacific Catastrophe Risk Insurance Company (PCRIC) CEO Mr. Aholotu Palu was recently in Tonga and met with the Minister for Finance, Hon. Tiofilusi Tiueti. 
January 23, 2023

PCRIC Invited to Present on its Services

While in Tonga, the Pacific Catastrophe Risk Insurance Company (PCRIC) CEO, Mr. Aholotu Palu, was cordially invited by the Senior Development Programme Coordinator of the New Zealand High Commission, Nuku'alofa, Tonga to provide a brief presentation on its role in the Pacific region as a risk pool.