Less than a fornight after an earthquake devastated Port Vila on December 17, the Chief Executive Officer of the Pacific Catastrophe Risk Insurance Company (PCRIC) was on a plane to the Vanuatu capital, a US$1.2 million cheque in hand.
PCRIC boss Aholotu Palu says when he arrived, Vanuatu’s Prime Minister told him: “You are the first organisation to arrive here with cash. There are two planes sitting on the tarmac, they flew in with in-kind [support . . .
