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Emerging risks | Growth Opportunities | APAC Insurance

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Friday, September 18, 2026

Pacific Catastrophe Risk Insurance Company

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.
Close-up map highlighting the island nation of Tonga with two red pushpins nearby.
Tonga's expanded drought policy triggers PCRIC payout after Niua rainfall shortfall
July 7 2026
It marks the country's second payout from the regional insurer, and the first under drought cover it added only at this year's renewal.
pacific-catastrophe-risk-insurance-approves-us546k-payment-to-fiji-for-cyclone-vaianu
Fiji gets US$540k support from PCRIC after Cyclone Vaianu falls just short of cover trigger
April 21 2026
The ex gratia payment provides urgent relief following widespread flooding and displacement in the country.
A group of people playing in front of a shack on the beach.
PCRIC issues payout to Vatuvara Foundation for Cyclone Rae damage
March 11 2025
The payment, equivalent to 10% of the coverage limit, will support reef restoration and community recovery efforts.
New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September