PFIP updates

Dairy Farmers Microinsurance Scheme pays first claim

Dairy Farmers Microinsurance Scheme pays first claim

June 1, 2018

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Suva, Fiji – The first microinsurance payout for the dairy microinsurance scheme was made this week by the Fiji Cooperative Dairy Company Limited (FCDCL) and FijiCare Insurance Limited. Luisa Singh, a registered farmer of FCDCL passed away last Saturday after succumbing to kidney failure.  Luisa had inherited from her late husband, a 45-acre farmstead in...

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More farming sectors in Fiji receive insurance protection for the first time

More farming sectors in Fiji receive insurance protection for the first time

May 19, 2018

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Labasa, Fiji – 150 coconut farmers and 230 rice farmers are today covered under insurance for the first time. Fiji’s Minister for Agriculture, Honourable Mr Inia Seruiratu officially launched bundled microinsurance cover for Copra Millers Fiji Limited in Savusavu followed by Fiji Rice Limited in Dreketi today.  The scheme is an initiative of the United...

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PFIP-NASFUND explore ways to enhance micro-pension for informal sector workers in PNG

PFIP-NASFUND explore ways to enhance micro-pension for informal sector workers in PNG

May 17, 2018

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Port Moresby, Papua New Guinea – Papua New Guineans working in the informal sector want a simple, convenient and low-cost pension product to help them save for old age. This is one of the findings of a feasibility study undertaken by the UN’s Pacific Financial Inclusion Programme (PFIP) to determine whether it was possible to...

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Private Sector encouraged to consider a shift to digital payments

Private Sector encouraged to consider a shift to digital payments

May 9, 2018

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The business community in Fiji were part of the country’s first ideation workshop exploring the transition from cash payments to an increasingly more digital ecosystem that could see more Fijians being financially included. The UN’s Pacific Financial Inclusion Programme (PFIP) and the Fiji Commerce and Employers Federation presented the private sector with the benefits and...

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NBS and Digicel partner to offer remittance linked savings product in Samoa

NBS and Digicel partner to offer remittance linked savings product in Samoa

March 23, 2018

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Apia, Samoa – National Bank of Samoa (NBS) and Digicel Samoa are pleased to announce a partnership to develop the next generation of cost-effective and easy mobile banking and remittance services for Samoan customers. Digicel will work with NBS to integrate its Mobile Money platform with NBS’ banking systems. This will allow beneficiaries to transfer their money...

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