December 15, 2022

Drought Consultations Continue to the RMI for PCRIC and WTW

The Pacific Catastrophe Risk Insurance Company (PCRIC) and Willis Towers Watson (WTW) mission team were recently in the Republic of the Marshall Islands (RMI) to conduct drought consultations.
December 15, 2022

PCRIC and WTW Hold Kiribati Drought Consultations

The Pacific Catastrophe Risk Insurance Company (PCRIC) and Willis Towers Watson (WTW) were recently in Kiribati to conduct the second phase of drought consultations with stakeholders such as the Ministry of Finance and Economic Development (MFED), the National Disaster Management Office (NDMO), the Kiribati Meteorological Service, the Ministry of Infrastructure and Sustainable Energy and the Ministry of Agriculture.
December 15, 2022

PCRIC’s Mission to the Cook Islands Includes a Meeting with the Prime Minister

Domiciled in the Cook Islands, the Pacific Catastrophe Risk Insurance Company (PCRIC) Management team visited the country for the first time on a mission to hold a series of high-level meetings with various relevant authorities including the Prime Minister and Minister of Finance, Honorable Mark Brown.
December 15, 2022

PCRIC Reaches out to the Solomon Islands Following Earthquake

As the region’s own specialist provider of sovereign Disaster Risk Management solutions, the Pacific Catastrophe Risk Insurance Company (PCRIC) was concerned to hear of the 7.0 magnitude earthquake which struck the Solomon Islands on Tuesday afternoon. The powerful tremor knocked out electricity and communications in the capital city and was accompanied by several aftershocks.
November 5, 2022

Council of Members Meeting Fully Behind PCRIC

The ultimate governance body for the Pacific Islands region’s only provider of sovereign disaster risk insurance held their highly anticipated bi-annual meeting recently on the side-lines of the World Bank and IMF Annual Meetings in Washington DC.
November 5, 2022

PCRIC Recognizes International Day of Disaster Risk Reduction

Thursday, 13th October marked this year’s International Day for Disaster Risk Reduction, an initiative of the United Nations intended to promote a global culture of risk-awareness and disaster reduction and commemorated each year on 13th October.
November 5, 2022

PCRIC Sets the Stage for Council of Members Meeting

The management team of the Pacific Catastrophe Risk Insurance Company (PCRIC), the Pacific Islands region’s only provider of sovereign disaster risk insurance, are currently in Washington DC in preparation for the bi-annual Pacific Catastrophe Risk Insurance Foundation (PCRIF) Council of Members (CoM) meeting.
November 5, 2022

PCRIC Welcomes Invitation to V20 Ministerial Dialogue

Speaking ahead of a series of meetings with the V20 in Washington DC, the Pacific Catastrophe Risk Insurance Company (PCRIC) CEO, Mr. Aholotu Palu, said he was immensely honoured to be invited as an observer to the ninth V20 Ministerial Dialogue to be hosted by the International Monetary Fund (IMF) in Washington DC on October 16, 2022.
November 5, 2022

Resilience of Blue Pacific Continent to be Enhanced through US-Pacific Islands Declaration

Commenting on the recent US–Pacific Islands Country Summit held in Washington DC, CEO of the Pacific Catastrophe Risk Insurance Company (PCRIC), Mr. Aholotu Palu, said that with the release of the first ever Pacific Partnership Strategy for the United States, the Summit represented a true watershed moment in US relations with the region.