Perils AG

PERILS AG, the Zurich headquartered provider of catastrophe loss data and indices, is targeting expansion into the Japanese market and has hired an adviser to assist it.

PERILS AG, the Zurich headquartered provider of catastrophe loss data and indices, has announced that it has acquired Canadian loss and exposure data firm Catastrophe Indices & Quantification Inc. (CatIQ).

Catastrophe exposure, as measured by insured property values featured in the PERILS AG Industry Exposure Database, increased for European windstorm risks and other territories covered by the service provider in its latest exposure database update.

Catastrophe data aggregator PERILS AG has upgraded its European windstorm industry loss forecasting software tool and expanded it to cover Australian tropical cyclones as well.

Catastrophe data loss aggregation and estimation firm, PERILS AG, has revealed that since January 1st, 2010, a total of 233 transactions have been placed using its industry loss triggers and data, resulting in combined limits placed of $14.9 billion.

Exposures, as measured by insured property values included in the PERILS AG Industry Exposure Database, rose across European windstorm risks and the other territories the service provider covers in the latest version of its database.

PERILS AG, the provider of industry loss data and indices for use as risk transfer triggers, has reported healthy growth in the limits at risk using its services, expanding them 17% over the last year to reach $3.1 billion, with the growth attributed to expansion into Australia and Turkey.

Industry loss triggers continue to play a vital role in risk transfer transactions, such as catastrophe bonds, industry loss warrants (ILW’s) and other private ILS or collateralized reinsurance arrangements, and now PERILS AG has reached $14.2 billion of limit placed using its triggers and data.

European windstorm exposures, as measured by insured property values included in the PERILS AG Industry Exposure Database have remained relatively static in 2016, totaling €54 trillion in the latest release of the industry sums insured data set.

PERILS AG, the provider of industry-wide European catastrophe exposure, industry loss data and indices, has updated the underlying loss model of its Wind-Jeannie tool in advance of the coming 2016/17 European windstorm season.