The Pacific Catastrophe Risk Insurance Company (PCRIC) formally presented a cheque to the Honourable Minister of Finance of Solomon Islands, following the activation of the governmentโs Excess Rainfall (XSR) insurance policy. The payout was triggered by rainfall events in August…
Global Shield Solutions Platform (GSSP) is pleased to partner with African Risk Capacity Ltd. on a scholarship programme aimed at strengthening the next generation of African professionals in Climate and Disaster Risk Finance and Insurance (CDRFI).This year, 12 scholarships are…
With GSSP-funded premium support, the Pacific Catastrophe Risk Insurance Company (PCRIC) has triggered a Short-term Preparedness (SP) payout of US$8,400 for the โEua cluster for the period 1โ31 July 2026, representing 20% of the โEua limit of US$42,000. A Rapid…
The Kingdom of Tonga has received a further payout under its drought insurance policy with the Pacific Catastrophe Risk Insurance Company (PCRIC), providing timely financial support to strengthen drought preparedness on the islands of Ha'apai and Tongatapu. The payout follows…
The Global Shield Solutions Platform (GSSP)ย third Call for Proposals (CfP) for Costa Rica is now open.ย Based on the Request for Climate and Disaster Risk Finance and Insurance (CDRFI) Support submitted to the Global Shield against Climate Risks Secretariat by…
The Global Shield Solutions Platform (GSSP) second Call for Proposals (CfP) for Costa Rica is now open. Based on the Request for Climate and Disaster Risk Finance and Insurance (CDRFI) Support submitted to the Global Shield against Climate Risks Secretariat by the…
The Global Shield Solutions Platform (GSSP) is supporting the Southeast Asia Disaster Risk Insurance Facility Insurance Company (SEADRIF) to expand Climate and Disaster Risk Finance and Insurance (CDRFI) capabilities across Southeast Asia, helping member countries strengthen their preparedness for and…
The Global Shield Solutions Platform (GSSP) first Call for Proposals (CfP) for Costa Rica is now open. Based on the Request for Climate and Disaster Risk Finance and Insurance (CDRFI) Support submitted to the Global Shield against Climate Risks Secretariat…
As one of the financing vehicles under the Global Shield against Climate Risks, GSSP provides targeted support to partner countries and regional risk pools to strengthen the climate resilience of vulnerable populations and help avert, minimise, and address climate-related losses…
A USD 500,000 payout to Solomon Islands, through the Pacific Catastrophe Risk Insurance Company (PCRIC), following Tropical Cyclone Maila highlights the tangible benefits of premium support funded by the Global Shield Solutions Platform (GSSP), enabling a timely financial response to…