catastrophe loss index

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 globally, has hired Harry White as its new Head of Commercial Strategy, while also naming Ted Gregory as its new Head of Research and Operations.

Artemis has learned that Alex Mican, the Head of PCS Global Strategy and Growth at Verisk Claims, is departing the company.

In the wake of Tom Johansmeyer, the former Head of Verisk unit PCS, joining the Ardonagh Group reinsurance broking division Inver Re in Bermuda, the company has now launched an integrated global index practice and sees an advantage in leveraging his experience in ILW’s.

Verisk, the insurance and reinsurance market claims, data and technology focused service provider, has named two new leadership appointments within its PCS (Property Claim Services) business unit, in the wake of the departure of former PCS leader Tom Johansmeyer.

Inver Re, the Ardonagh Group’s reinsurance broking arm, has made a key hire in taking well-known industry executive Tom Johansmeyer from Verisk’s PCS unit, to become the brokers’ new Global Head of Index products, Artemis has learned.

The CRESTA organisation has now launched its new global catastrophe industry loss index, which it has named CLIX, promising to cover all natural catastrophe industry loss events around the globe that cost insurance and reinsurance interests more than $1 billion.

The CRESTA organisation will soon launch a global industry loss index solution, that will provide insured loss data and event descriptions for natural catastrophe insured loss events around the world.

Catastrophe Indices and Quantification Inc. (CatIQ), which provides analytical and meteorological information on Canadian natural and man-made catastrophes, has released a dataset containing insurance industry loss estimates for all Canadian catastrophe events since 2008.

A new venture named Catastrophe Indices and Quantification Inc. (CatIQ) has launched targeting the provision of Canadian catastrophe loss data, indices and analysis to the insurance and reinsurance industries.