The Cook Islands Investment Corporation appoints Sandra Yeats as its first chief risk officer, with the new role covering oversight of CIIC's captive insurance administration alongside the corporation's wider risk management framework.
The Cook Islands Captive Insurance Company is designed to strengthen financial sovereignty and ensure coverage against risks excluded by traditional insurers
Pacific Catastrophe Risk Insurance Company has restructured as a segregated portfolio entity to provide new and unique risk transfer products following new legislation passed by the Cook Islands government
The New Zealand operation of independent insurance brokerage Lockton Companies’ has been approved as a licensed external captive insurance manager to establish captive structures with Cook Islands international companies
Cook Islands Finance is set to release its five-year strategic plan to move its financial services industry forward
Tonga has received a record insurance payout of $3.5 million from the Pacific Catastrophe Risk Insurance Company following the destruction caused by Cyclone Gita
