Nauru · Oceania
Pacific Catastrophe Risk Insurance Company
KCaptive / Risk retention groupForeign multinationalPartially verified against the regulator register
Cross-border: Rarotonga, Cook Islands-domiciled captive wholly owned by PCRIF (a Cook Islands trust whose beneficiaries are the participating Pacific island governments), governed by the Pacific Catastrophe Risk Insurance Act 2016 (Cook Islands). Sold the Government of Nauru its first parametric (drought) policy, cover from 1 April 2026 (The Insurer, 2 Apr 2026). The Government is the only policyholder; nothing is sold to the public.
Official sources
This directory holds no official website for Pacific Catastrophe Risk Insurance Company: the No insurance supervisor in Nauru register does not publish one and no sourced profile has been accepted. The register is the authoritative record of who is licensed.
- Class of business
- Captive / Risk retention groupCaptives, risk retention groups, sponsored cells and special-purpose reinsurers licensed in a captive domicile to insure their owners’ risks.
- Parent / group
- Pacific Catastrophe Risk Insurance Foundation (PCRIF)
- Ownership
- Foreign multinationalSubsidiary of a multinational headquartered outside the continent.
- Regulator
- No insurance supervisor in Nauru
- Local currency
- AUD
- Source basis
- PCRIC news, "Nauru becomes 11th PCRIC Council Member with Purchase of Drought Protection Policy" (2 Apr 2026), https://pcric.org/2026/04/page/2/; PCRIC "Formation and History", https://pcric.org/formation-and-history/; retrieved 2026-09-26
- Country verification
- Partially verified - Government of Nauru states no insurance companies or agencies operate in Nauru; one cross-border insurer confirmed · Government of Nauru, "Policy for regulating Financial Institutions for the Prevention of Anti-Money Laundering, Terrorist Financing and Proliferation Financing" (PDF dated Oct 2023), section on the IAIS: "There are no insurance companies or agencies currently operating in Nauru", https://www.nauru.gov.nr/media/194545/policy_for_regulating_financial_institutions_for_the_prevention_of_anti-money_laundering__terrorist_financing_and_proliferation_financing.pdf; PCRIC news, "Nauru becomes 11th PCRIC Council Member with Purchase of Drought Protection Policy" (2 Apr 2026), https://pcric.org/2026/04/page/2/; retrieved 2026-09-26. Count: 0 local.
- Identifiers
- slug nauru-pacific-catastrophe-risk-insurance-company · row 2608/api/v1/insurers/nauru-pacific-catastrophe-risk-insurance-company.json