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.
August 17, 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 unique presentation by the region’s Pacific Catastrophe Risk Insurance Company (PCRIC).
August 17, 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 unique presentation by the region’s Pacific Catastrophe Risk Insurance Company (PCRIC).
August 5, 2022

MEDIA RELEASE: Cook Islands Ministry of Finance and Economic Management re FEMM 2022

The Pacific Catastrophic Risk Insurance Company (PCRIC) is our only regional institution, unique and innovative, providing one of the few available public infrastructure insurance coverages across the region. Despite border closures, PCRIC has developed new rainfall insurance products due to member demands.
July 29, 2022

PCRIC Gears Up for the Forum Economic Ministers Meeting

The Pacific Catastrophe Risk Insurance Company (PCRIC) is earnestly preparing for a re-launch of the organization at this year’s Forum Economic Ministers Meeting (FEMM) after being given the green light by the Pacific Islands Forum Secretariat to host a side event.
July 29, 2022

PCRIC on a Joint Mission to Tonga

The Pacific Catastrophe Risk Insurance Company (PCRIC) team are currently in Tonga on a joint mission with representatives from both the Pacific Islands Forum Secretariat (PIFS) and the UN Capital Development Fund through the Pacific Insurance and Climate Adaptation Programme (PICAP).
July 25, 2022

PCRIC Gears Up for the Forum Economic Ministers Meeting

The Pacific Catastrophe Risk Insurance Company (PCRIC) is earnestly preparing for a re-launch of the organization at this year’s Foreign Economic Ministers Meeting (FEMM) after being given the green light by the Pacific Islands Forum Secretariat to host a side event.
July 25, 2022

PCRIC on a Joint Mission to Tonga

The Pacific Catastrophe Risk Insurance Company (PCRIC) team are currently in Tonga on a joint mission with representatives from both the Pacific Islands Forum Secretariat and the United Nations Capital Development Fund (UNCDF) through the Pacific Insurance and Climate Adaptation Programme (PICAP).
July 25, 2022

PCRIC Sends Condolences to Japan

The Pacific Catastrophe Risk Insurance Company (PCRIC) Board and Management team were shocked and saddened with the sudden news of the untimely passing of the former Japanese Prime Minister, Mr. Shinzo Abe. In 2016, the Pacific Catastrophe Risk Assessment and Financing Initiative (PCRAFI) Multi-Donor Trust Fund was established with Japan being a donor to PCRIC’s efforts to be a provider of disaster risk finance services and solutions to the Pacific region.