United States tsunami warning centres are reporting no tsunami threat following two large earthquakes occurring overnight around the Pacific rim.

The two earthquakes occurred in Peru and near the Loyalty Islands early Friday morning.

An earthquake with a preliminary magnitude of 7.2 occurred in central Peru at a depth of 212km, at 12.02am NZT on Friday May 27.

"Based on all available data there is no tsunami threat because the earthquake is located too deep inside the earth," says a Pacific Tsunami Warning Center spokesperson.

An earthquake with a preliminary magnitude of 6.9 and depth of 10km occurred southeast of the Loyalty Islands at 3.38am NZT on Friday May 27.

"Based on all available data, there is no tsunami threat from this earthquake," says a Pacific Tsunami Warning Center spokesperson.

The two earthquakes occurred in Peru and near the Loyalty Islands early Friday morning. Image: MauiNow.