Articles

February 21, 2022

PCRIC’s Response to the Tongan Volcanic Eruption and Tsunami

Recent images showing the recovery efforts underway in Tonga remind us again of the tragic event which befell our neighbour just over a month ago. The extent of the human cost with lives lost and many families entirely dislocated is […]
February 18, 2022

Special Meeting Held to Discuss Way Forward in Wake of Tongan Volcanic Eruption and Tsunami

As Chairman of the Council of Members of the Cook Islands based Pacific Catastrophic Risk Insurance Foundation (PCRIF), Mr. Shiri Gounder (Permanent Secretary, Fiji Ministry of Economy) recently convened an extraordinary online meeting […]
February 10, 2022

PIFS and PCRIC Roll Out Partnership on Disaster Risk Finance

The Pacific Islands Forum and the Pacific Catastrophe Risk Insurance Company (PCRIC) have confirmed a new partnership which includes the placement of a Forum PCRIC Regional Coordinator to provide advice and capacity building to Pacific Island Countries.
February 4, 2022

PCRIC Updates its Legal Structure into a Segregated Portfolio

The Pacific Catastrophe Risk Insurance Facility Act 2021 (PCRIF Act) has updated PCRIC’s legal structure to permit new and unique risk transfer products to be offered to its Pacific Island country members. The Board and CEO […]
January 28, 2022

Procurement Plan – PCRAFI: Furthering Disaster Risk Finance in the Pacific

View/Access Procurement Plan.        
December 16, 2021

Pacific Catastrophe Risk Insurance Facility ACT 2021

View/Access Pacific Catastrophe Risk Insurance Facility ACT 2021.
December 7, 2021

PCRIC Calls for Collaboration Against Risk Hazards

The Pacific Catastrophe Risk Insurance Company (PCRIC) CEO was invited by the World Bank and SPC to participate in discussions revolving around the understanding of “risk data”. The community session was […]
November 29, 2021

PCRIC Seals Partnership with the Pacific Islands Forum Secretariat

The Pacific Catastrophe Risk Insurance Company (PCRIC) signed an MOU with the Pacific Islands Forum Secretariat (PIFS) regarding institutional cooperation to promote capacity building in the […]
November 22, 2021

PACNEWS – Second Edition, Monday 22nd November 2021

A regional approach is helping Pacific countries to strengthen their financial protection against disasters.