PCS

The latest re-survey of hurricane Sandy insurance industry loss estimates has now been completed and published by Property Claim Services (PCS). The loss estimate for Sandy has not changed after this re-survey, it remains at $18.75 billion, and PCS told us that it is going to perform another re-survey in 60 days time to ensure […]

According to an announcement from reinsurance-linked investment manager CATCo Investment Management, the latest re-survey of hurricane Sandy loss estimates has now been completed and published by Property Claims Services (PCS). After hurricane, or superstorm, Sandy struck the U.S. northeast last year, PCS first reported the industry loss estimate as $11 billion in November, a number […]

The second estimate of hurricane Sandy insured losses has been released by Property Claims Services (PCS) this week. The first estimate of $11 billion which PCS reported in November has been increased by 70% to a new total of $18.75 billion. This number is very close to the total of reported loss estimates from insurers […]

The latest firm to publish a report reviewing the 2012 catastrophe bond market is Property Claims Services (PCS), a leading source of data on insured property losses from catastrophes in the U.S. and part of the Verisk group of companies. The report looks back at 2012 from PCS’ perspective and highlights the continuing use of […]

One of the most awaited numbers in the insurance, reinsurance, catastrophe bond and associated investment markets has been the insurance industry loss estimate from Property Claims Services (PCS) for hurricane Sandy.  Typically the first estimate from PCS is released around 30 days after the event and they’ve actually been quicker in the case of Sandy and […]

Property Claims Services (PCS), a leading source of data on insured property losses from catastrophes in the U.S. and part of the Verisk group of companies, have today published their latest quarterly update on the catastrophe bond market. The report takes a look at the market from PCS’ perspective and contains insight into the use […]

In this the latest in our series of interviews with figures from the risk transfer and insurance-linked securities markets we spoke with Gary Kerney, Assistant Vice President at Property Claim Services which is part of Verisk Insurance Solutions. Property Claim Services (or PCS as they are known) is the leading source of data on insured […]

The success of Property Claims Services (PCS) industry-loss index and its usage in the catastrophe bond sector is highlighted in a report published today by PCS which discusses the cat bond market in the first-half of 2012. The PCS index has become one of the dominant trigger types used in the catastrophe bond market with […]