March 3, 2022

Tropical Cyclone Gita Insurance Payout Acquittal Report 2018

Tropical Cyclone (TC) Gita a Category 4 Cyclone passed over the Tongatapu and ‘Eua island groups on Monday Feb 12, 2018. Upon landfall, TC Gita had […]
March 3, 2022

Risk Assessment Methodology

The Pacific Region is prone to many natural hazards that threaten populations and cause significant economic losses due to damage to the built environment and crops. […]
March 3, 2022

Monitoring and Evaluation Framework

The Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI) insurance program provide climate and disaster risk insurance to member countries in the Pacific region. Its primary […]
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.