Perils AG

The last time we wrote about PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices, they had just reported that their industry loss index had been used for over $2.79 billion worth of risk transfer transactions (including ILW’s and catastrophe bonds). Now, just a month and a half later […]

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices, continues to gain traction as the preferred source of European windstorm loss data and index tools. They announced today that their PERILS industry loss index has been involved in just over $2.79 billion worth of risk transfer transactions since the […]

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices, has announced that it has extended the region it covers to now include Norway and Sweden.

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data and loss indices, have published their third newsletter update to the market (the first published this year). In the newsletter they cover some recent announcements and update the market on usage of their loss index in risk transfer transactions.

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has released an updated version of its PERILS Europe Windstorm Industry Exposure Database.

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has issued its fourth and final update of its loss estimate for the European windstorm Xynthia which occurred on 28th February 2010. The PERILS loss reporting schedule dictates that the final loss reporting should be 12 months after the event.

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has published its second newsletter updating the market on its activities and progress over the last six months. They now have greater than 50% total market coverage in the countries they cover.

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, have stepped forwards to provide an estimate for low-frequency high-impact European windstorm loss potential to help with the Solvency II inspired Quantitative Impact Study 5 (QIS5).

PERILS AG seem to be experiencing very positive growth of transactions utilising their industry loss indices. They last reported the volume of transactions using their index at $250m for the first six months of 2010. Judging by their latest announcement they are successfully building on that momentum and their products are becoming widely accepted.

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has announced that its loss estimates for European windstorm Xynthia have risen in its latest update on loss development for the storm.