Solvency II

PERILS industry data contribute to risk-based solvency assessments by allowing the benchmarking of exposures, event losses and modelled losses against the market. Furthermore, custom-made triggers for fully collateralized ILS and ILW transactions are provided by the PERILS Industry Loss Index Service.
In combination, these help to address both basis risk as well as counterparty credit risk concerns, which are both central to state-of-the-art solvency regulations.