trigger

Zurich based PERILS AG, the provider of industry-wide European catastrophe insurance exposure, industry loss data and indices, has raised its estimate of insured property losses for October’s European windstorm Christian to €1.068 billion.

Zurich-based PERILS AG, provider of industry-wide European catastrophe insurance exposure, industry loss data and indices widely used by insurance-linked securities issuers, has released an initial loss estimate for December’s European windstorm Xaver.

Over the course of 2013 the volume of catastrophe bonds issued which utilised data from Property Claim Services (PCS) within their triggers totalled $2.8 billion, accounting for nearly 40% of risk capital issued.

French reinsurance firm SCOR has renewed its innovative contingent capital facility, which takes the form of a guaranteed equity line with UBS, and has expanded the cover it provides the reinsurer to €200m, covering both natural catastrophe and extreme life events.

Zurich based PERILS AG, an independent provider of industry-wide European catastrophe insurance exposure, industry loss data and indices, has released its first estimate of industry wide insured property losses for October’s European windstorm Christian.

Zurich based PERILS AG, the independent provider of industry-wide European catastrophe insurance exposure and industry loss data and indices, is planning to further expand its coverage to include industry exposure and loss data for Central & Eastern European floods.

In the first nine months of 2013 approximately $2.1 billion catastrophe bond risk capital issued was based on a trigger which utilises data from Property Claims Services (PCS). This is 24% higher than a year earlier in 2012 when PCS triggers were used in $1.7 billion of cat bond issuance.

Zurich based PERILS AG, the independent provider of industry-wide European catastrophe insurance data and loss indices, has announced that the total limits at risk which use PERILS industry loss data as at the 1st September 2013 reached $4.3 billion.

Of the catastrophe bonds issued in the first-half of this year, just over $1.6 billion of risk capital issued is based on a trigger which utilises data from Property Claims Services (PCS). PCS, the leading source of data on insured property losses from catastrophes in the U.S., is involved in the trigger of 7 transactions […]

Zurich based PERILS AG, an independent provider of industry-wide European catastrophe insurance data and loss indices, has seen continued strong usage of its loss data and indices by the reinsurance and catastrophe bond sector in the last twelve months. The total amount of PERILS-based limits at risk has grown by 22% over the course of […]