Disaster risk finance

People wade through a flooded street as motorized tricycles and a motorcycle navigate the water.

Philippines, SEADRIF target disaster-risk insurance policy signing in coming months

October 7 2026

The discussions build on more than two years of engagement between Philippine agencies and SEADRIF.

Solomon Islands receives US$250,000 PCRIC payout after excess rainfall trigger

PCRIC releases US$250,000 parametric payout to Solomon Islands after rainfall trigger

September 14 2026

The payment was triggered by early-August rainfall affecting Malaita and Makira-Ulawa.

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Thailand disaster scheme to add THB15bn in premiums, cede most risk to overseas reinsurers

September 11 2026

International reinsurers are expected to absorb over 93% of the proposed programme's THB75bn (US$2.27bn) exposure, with domestic carriers retaining only a small portion of the risk.

Thailand backs US$465m disaster insurance scheme for 30m households

Thailand backs US$2.2bn disaster insurance scheme for 30 million households

September 3 2026

The scheme is intended to shift disaster financing away from post-event relief towards pre-arranged insurance protection

Riverfront cityscape with a large Ferris wheel and a crane-supported structure over the river, under a blue sky with clouds.

ARPC to turn pool data into risk insights for government and insurers

August 26 2026

The corporation's new four-year plan also backs measures to put downward pressure on premiums in high cyclone-risk areas.

Eight adults posing in a formal office holding a large ceremonial check, smiling for the camera and flanked by colleagues.

Tonga secures US$8,400 insurance payout under PCRIC parametric cover

August 25 2026

The payouts release 20% of 'Eua's limit and 41% of Tongatapu's limit to support drought preparedness across both islands.

Flooded walkway beside a modern glass-front building, with green trees and reflection on the water-filled path.

ARPC analysis reveals insurance participation gaps in Australia's cyclone-exposed communities

August 13 2026

Data shows large coverage gaps in areas with high hazard exposure and lower socio-economic capacity.

Tonga officials receive a cheque from Bank South Pacific for drought relief funds.

PCRIC releases further payout to Tonga as drought conditions persist

August 6 2026

The US$34k payment will support drought preparedness in Ha'apai and Tongatapu under the country’s parametric cover, backed by GSSP.

SEADRIF appoints Felicia Khoo as strategic development lead

August 3 2026

She joins after over two years with Swiss Re, where she was senior regulatory risk manager and vice-president.

SEADRIF taps Munich Re executive Xinmei Zheng for COO role

July 29 2026

Zheng brings nearly two decades of (re)insurance experience spanning underwriting, risk solutions and regional market development.

PCRIC appoints Praneel Pritesh as business development advisor

July 23 2026

He brings more than 17 years of experience spanning government, international development and financial services across the Pacific.

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GSSP backs SEADRIF’s climate risk financing capabilities in Southeast Asia

July 8 2026

The initiative aims to help SEADRIF member countries develop locally relevant disaster risk financing approaches.

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