Press Release

April 15, 2025

Groundbreaking Joint Grant Agreement Signed as Global Shield Solutions Platform Supports Regional Risk Pools’ Move from Commitment to Implementation

The African Risk Capacity Limited (ARC Ltd.), CCRIF SPC (the Catastrophe Risk Insurance Facility of the Caribbean and Central America), the Pacific Catastrophe Risk Insurance Company […]
March 21, 2025

PCRIC provides a payout on ground-breaking coral reef policy following TC Rae

The advent of three tropical cyclones simultaneously in the South Pacific in late February (TC Alfred, Seru and Rae) was a firm reminder of the proximity […]
February 27, 2025

In London; PCRIC Signs MoU with United Kingdom FCDO for a £5.3M Capital Grant

The UK Foreign, Commonwealth and Development Office (FCDO) and PCRIC have long enjoyed a strong and collaborative partnership. This partnership was today strengthened when PCRIC’s CEO, […]
December 21, 2024

Disaster Risk Policy Benefits Vanuatu

As a consequence of the national government’s foresight and  commitment to improved disaster preparedness and resilience for Vanuatu, the earthquake impacting Port Vila on 17 December […]
December 19, 2024

PCRIC Secures EUR 2.5 Million Grant from GSSP to Enhance Climate Disaster Risk Finance and Insurance in the Pacific

The Pacific Catastrophe Risk Insurance Company (PCRIC) has signed a grant agreement for EUR 2.5 million under the Global Shield Solutions Platform (GSSP), managed by Frankfurt […]
September 25, 2024

SEADRIF Insurance Payout to support Lao PDR in responding to the ongoing Typhoon Yagi Flooding

The SEADRIF Insurance Company has made a payout of US$750,000 following the passage of Typhoon Yagi which devastated eight provinces in Lao PDR, including Vientiane Capital, […]