Harry White of PCS provided us a detailed overview of the processes the organisation uses to designate and estimate insurance industry losses for perils such as U.S. tropical cyclones, severe thunderstorms, and winter storms
How PCS integrates data to define industry losses
|
|
|
How PCS integrates Contributor, Verisk, and Public Data to define industry losses: White
 Property Claim Services (PCS), the unit of Verisk that is a provider of industry loss estimates and loss data to the reinsurance and ILS industry, has provided us a detailed overview of the processes the organisation uses to designate and estimate insurance industry losses for perils such as U.S. tropical cyclones, severe thunderstorms, and winter storms.
PCS data use is widespread in the insurance-linked securities (ILS) market, with its industry loss reporting utilised within the risk transfer triggers of instruments from catastrophe bonds to industry-loss warranty (ILW) arrangements.
In a recent interview with Artemis, Harry White, Head of Commercial Strategy, PCS, Verisk explained how the firm integrates contributor, Verisk, and public data to ensure that final loss bulletins accurately reflect the total market impact.
Read the full story.
Other articles:
|
|
|
|
|
| Please share this with colleagues and friends if you think they would like to receive it.
If you've been forwarded this but want to subscribe, visit Artemis.
|
|
| |
|
|
You may be receiving this because you recently attended an industry event we partnered with, giving us permission to email you. If you don't want to receive our weekly ILS, catastrophe bond and reinsurance capital newsletter please Unsubscribe or Edit your subscription here .
© Steve Evans Ltd. - Artemis.bm
|
|
|
|
No comments:
Post a Comment