Since its establishment in 2016, the Pacific Catastrophe Risk Insurance Company (PCRIC) has steadily expanded its parametric insurance coverage while growing its participating member governments from five to eight. Notably, the total value of policies underwritten has more than doubled,…
The Pacific Catastrophe Risk Insurance Company (PCRIC) is pleased to announce the engagement of Mr Tiofilusi Tiueti, Tonga’s former Minister of Finance, to lead the development of a national contingency plan aimed at strengthening Tonga’s financial preparedness for natural disasters.…
Premium support has become, in recent years, a key component of support in disaster risk finance. The InsuResilience Solutions Fund (ISF) has witnessed an increase in the request for premium support as part of its product development support, leading to…
GSSP constitutes a central element of the financing structure of the Global Shield against Climate Risks. It provides technical assistance and financial support to partner countries with the objective to increase the resilience of vulnerable people in emerging markets against…
In a major step toward global collaboration on disaster risk finance, four Regional Risk Pools convened in Frankfurt in April 2025 for a CEO Summit hosted by Frankfurt School of Finance & Management, to put shared commitments into action –…
From April 10th to 11th, the Frankfurt School of Finance & Management hosted international experts for the second edition of the Climate Risk Finance Forum (CRFF). This year’s forum delved into the complexities of subsidised insurance within the wider framework of…
The Government of Ghana has received a payout of USD 960,202 and is set to receive a second payment of USD 1,927,334, as part of its first-ever sovereign drought insurance policy, issued by African Risk Capacity (ARC) Ltd. This milestone…