September 15, 2022

PCRIC Reaches out to PNG Following Earthquake

As the region’s own specialist provider of sovereign Disaster Risk Management solutions for Pacific Island countries, the Pacific Catastrophe Risk Insurance Company (PCRIC) was concerned to hear of the devastating 7.6 magnitude earthquake which struck Papua New Guinea (PNG) on Sunday morning.
September 10, 2022

PCRIC Sends Condolences to the UK

The Pacific Catastrophe Risk Insurance Company (PCRIC) Board and Management team are saddened with the news of the passing of Queen Elizabeth II, the United Kingdom's longest-serving monarch. In February this year, Her late Majesty The Queen celebrated a historic milestone, her Platinum Jubilee. With an admirable 70 year reign, her benign and eloquent presence will surely be missed by all who knew her beyond the walls of Buckingham Palace.
September 10, 2022

MFEM backs catastrophe risk insurance company

At the recent Forum Economic Ministers Meeting (FEMM) sponsored by the Pacific Islands Forum Secretariat (PIFS) and held in Port Vila, Vanuatu, attendees were captivated by […]
September 10, 2022

PCRIC serves a recipe for disaster and relief at FEMM

At the recent Forum Economic Ministers Meeting (FEMM) sponsored by the Pacific Islands Forum Secretariat (PIFS) and held in Port Vila, Vanuatu, attendees were captivated by a […]
August 27, 2022

PCRIC Congratulates PICAP on its Product Launch

The Pacific Catastrophe Risk Insurance Company (PCRIC) team was invited to the launch of the new parametric microinsurance product by the Pacific Insurance and Climate Adaptation Programme (PICAP) administered by the United Nations Capital Development Fund (UNCDF).
August 26, 2022

PCRIC Congratulates PICAP on its Product Launch

The Pacific Catastrophe Risk Insurance Company (PCRIC) team was invited to the launch of the new parametric microinsurance product by the Pacific Insurance and Climate Adaptation Programme (PICAP) administered by the United Nations Capital Development Fund (UNCDF).
August 22, 2022

PCRIC serves a recipe for disaster and relief at FEMM

At the recent Forum Economic Ministers Meeting (FEMM) sponsored by the Pacific Islands Forum Secretariat and held in Port Vila, Vanuatu, attendees were captivated by a unique presentation by the region’s Pacific Catastrophe Risk Insurance Company (PCRIC).
August 22, 2022

PCRIC Develops Educational Brochures

To create awareness of its products and services, the Pacific Catastrophe Risk Insurance Company (PCRIC) has developed a series of educational brochures that are now available on its website for public access. Commonly referred to as Knowledge Products, these documents were conceptualized to better help the general public understand more of PCRIC’s disaster risk finance instruments and parametric insurance.
August 22, 2022

PCRIC Publishes its First-ever Annual Report

The Pacific Catastrophe Risk Insurance Company (PCRIC) has just issued its first-ever Annual Report since its inception in 2016. The report was a collaborative effort of the entire team and was endorsed by the PCRIC Board. The 92-page document features the company’s 2021 performance highlights, focal achievements, and progress against key results indicators, and also includes modeling and product development updates.