Tonga renews parametric reinsurance with PCRIC to boost disaster resilience
Reinsurance News - Jul 18, 2025
The Kingdom of Tonga has strengthened its disaster risk financing by renewing its parametric reinsurance policies with the Pacific Catastrophe Risk Insurance Company (PCRIC), which includes a significant increase in the government’s premium contribution, from USD 125,000 to USD 1 million. This renew...
Recommended Articles
Posted: Nov 07, 2025
Canada Life Reinsurance, the Capital and Risk Solutions (CRS) reinsurance business of Great-West Lif...
Posted: Nov 07, 2025
Morningstar DBRS has highlighted that while Canadian property and casualty (P&C) insurers remain...
Posted: Nov 07, 2025
Fitch Ratings, a provider of credit ratings, research, and risk analysis, has stated that the Europe...