PCRIC

PCRIC, the Pacific Catastrophe Risk Insurance Company, is a specialist provider of disaster risk finance services and solutions in the Pacific region. With a mission to help nations better prepare, structure, and manage finances for disaster resilience, PCRIC is owned for the benefit of the island nations of the Pacific. By delivering leading-edge technical assistance, targeted collaborations, and innovative product options, PCRIC supports Pacific Island countries in addressing their vulnerability to natural disasters.

PCRIC offers a range of product offerings, including drought insurance payout acquittals, country risk profiles, and interactive maps. They have made several payouts post-disaster, injecting emergency funds into affected countries immediately. Through pooling risks together, PCRIC provides quality protection at affordable rates, allowing smaller island nations to access favorable insurance protection.

By achieving greater economies of scale and cooperation between countries, PCRIC aims to enhance disaster resilience in the region. With a dedicated team and strong partnerships, PCRIC is committed to staying ahead and mitigating crisis in the Pacific, ensuring rapid access to funds when they are most needed