PCRIC makes $285,000 payout to Samoa for tsunami recovery

Share!

Reinsurance News - Aug 15, 2025

The Pacific Catastrophe Risk Insurance Company (PCRIC), a donor funded entity established to provide Pacific Island nations with access to disaster risk insurance and related services, has made a payout of $285,000 under the tsunami component of its parametric insurance policy to Samoa due to a tsun...

Read Full Article

Recommended Articles

Capital flexibility drives competitive advantage among US insurers: Morningstar DBRS

Posted: Oct 17, 2025

Morningstar DBRS, a provider of credit ratings and risk analysis, reports that the ability to access...

Preferred Re appoints Tyler King as EVP

Posted: Oct 17, 2025

Preferred Reinsurance Intermediaries, a boutique reinsurance intermediary and subsidiary of Balavant...

Re/insurance industry must capitalise on huge data centre opportunity: Turk, Lloyd’s

Posted: Oct 17, 2025

Data centres offer re/insurers a massive opportunity due to their scale, but they also carry signifi...