Press Release
May 21, 2024
The Pacific Catastrophe Risk Insurance Company (PCRIC) and PNG DataCo. have today signed an innovative parametric insurance policy to provide rapid payouts following earthquakes expected to result in damage to the submarine fibre optic cable network surrounding Papua New Guinea (PNG).
November 1, 2023
A significant milestone has just been reached in the Fiji Government’s pursuit of an improved capacity to respond to the financial impact of natural disasters upon […]
June 10, 2023
The Pacific Catastrophe Risk Insurance Company (PCRIC) was invited by the United Nations Climate Change to participate in the second Glasgow Dialogue (GD2) to deliver an […]
March 16, 2023
JOHANNESBURG, 16 MARCH 2023 – Africa’s premier institution for disaster risk financing on and for the African continent, African Risk Capacity Limited and Milliman, a risk management, benefits and technology company, have come together to launch a postgraduate Africa Scholarship Programme exclusively for African students.
November 1, 2022
JOHANNESBURG, 1 NOVEMBER 2022 – Africa loses as much as 15% of its gross domestic product per capita, every year, due to the impact of climate change. The socio-economic and environmental damage of drought, floods and cyclones further devastates a population where almost half live in extreme poverty (United Nations 2021).
November 1, 2022
JOHANNESBURG, 1 NOVEMBER 2022 – Africa loses as much as 15% of its gross domestic product per capita, every year, due to the impact of climate change. The socio-economic and environmental damage of drought, floods and cyclones further devastates a population where almost half live in extreme poverty (United Nations 2021).