The recent country mission to Samoa by PCRIC has paved the way for future dialogue with the Ministry for Public Enterprises on a recent development within PCRIC’s arsenal of DRF products. In meetings with the CEO and senior staff, PCRIC CEO, Mr. Aholotu Palu, spoke to the possibility that now existed for PCRIC to offer bespoke parametric insurance cover to various State-Owned Enterprises.
Over the coming months, parties will work to develop a more comprehensive understanding of what is involved, culminating in another formal meeting on the sidelines of the upcoming Commonwealth Heads of Government Meeting (CHOGM) to be held in Samoa, in October.