Articles

May 24, 2022

PCRIC Finance Experts Visit Fiji

With the travel restrictions imposed during the height of the COVID-19 pandemic being progressively withdrawn, the opportunity to trade Zoom calls for in-person meetings was taken by PCRIC’s Finance and Investment consultants, who were in Fiji last week from Auckland for a series of meetings with PCRIC CEO Mr. Aholotu Palu in Suva.
May 16, 2022

‘Certainty of disaster’: Mass migration, extinction and ‘brain drain’ — what climate change looks like for Australia’s neighbours

For Pacific nations, climate change is not a hypothetical future event — it's already happening, with relocations and legal measures to protect sovereignty already underway.
May 16, 2022

A Royal Surprise on Tonga Mission

With scheduled arrangements concluded, whilst preparing for his departure to Fiji Mr. Palu was unexpectedly invited to an audience with Her Majesty Queen Nanasipauʻu. This provided a welcome opportunity to explain the regional role of PCRIC in the disaster risk management sphere, and hear from Her Majesty of a proposal to establish some form of charitable entity aimed at helping those Tongan people whose generational homes and communities were decimated by the January tsunami.
May 16, 2022

PCRIC CEO Convenes with the Tongan PM About Disaster Risk Strategy

Last week, the Pacific Catastrophe Risk Insurance Company (PCRIC) CEO Mr. Aholotu Palu met with the Prime Minister of Tonga, Hon. Siaosi Sovaleni. The two discussed the country’s current disaster risk policy along with future opportunities for Tonga to pool their risks with other forum countries.
May 16, 2022

A Royal Surprise on Tonga Mission

With scheduled arrangements concluded, whilst preparing for his departure to Fiji Mr. Palu was unexpectedly invited to an audience with Her Majesty Queen Nanasipauʻu. This provided a welcome opportunity to explain the regional role of PCRIC in the disaster risk management sphere, and hear from Her Majesty of a proposal to establish some form of charitable entity aimed at helping those Tongan people whose generational homes and communities were decimated by the January tsunami.  
May 9, 2022

PCRIC CEO Convenes with the Tongan PM About Disaster Risk Strategy

Last week, the Pacific Catastrophe Risk Insurance Company (PCRIC) CEO Mr. Aholotu Palu met with the Prime Minister of Tonga, Hon. Siaosi Sovaleni. The two discussed the country’s current disaster risk policy along with future opportunities for Tonga to pool their risks with other forum countries.
May 9, 2022

PCRIC Expert on Disaster Risk Finance Symposium: Momentum is Building in the Pacific for Strategic Solutions

In a first for the Pacific region, a disaster risk finance (DRF) symposium was held in collaboration between the Pacific Islands Forum Secretariat and the Pacific Resilience Partnership DRF Technical Working Group with the Pacific Catastrophe Risk Insurance Company (PCRIC) being a key partner.
May 9, 2022

PCRIC Expert on Disaster Risk Finance Symposium: Momentum is Building in the Pacific for Strategic Solutions

In a first for the Pacific region, a disaster risk finance (DRF) symposium was held in collaboration between the Pacific Islands Forum Secretariat and the Pacific Resilience Partnership DRF Technical Working Group with the Pacific Catastrophe Risk Insurance Company (PCRIC) being a key partner.
April 30, 2022

PCRIC CEO at the Island Finance Forum 2022

The Pacific Catastrophe Risk Insurance Company (PCRIC) was thrilled to have the CEO Mr. Aholotu Palu speak at the Island Finance Forum 2022 hosted by Island Innovation. The Forum aimed to highlight the unique financial challenges faced by global island communities and the solutions for sustainable economic development and inclusive growth in a post-pandemic world.