ILS Indices
The PERILS Industry Loss Index Service provides index values which can be used in industry-loss-based ILS transactions. The underlying data for the index is thereby directly collected from insurance companies underwriting property business in the affected areas and is processed in a standardized procedure to estimate industry-wide insured losses, which then form the basis of the PERILS index service. Index values are generally made available after six weeks of the event, with updates after three, six, and twelve months, after which PERILS will declare the closing of the index value reporting unless there are substantial grounds to produce additional updates.
Indices for ILS transactions are available for the following territories and perils:
| Covered Perils | Windstorm and ensuing perils |
| Covered Territories | Belgium, Denmark, France, Germany, Ireland, Luxembourg, Netherlands, Switzerland, United Kingdom |
| Line of Business | Property Insurance, split into Residential, Commercial, Industrial and Agricultural |
| Reporting Schedule | First index value report latest six weeks after the event, updated after three, six and twelve months. Subsequent reports only if deemed necessary. Reporting closed in any case after 36 months. |
Event loss parameters and reporting schedule provided by the PERILS Industry Loss Index Service.
PERILS industry loss indices are available on a per transaction basis and can be tailor-made to match particular protection requirements. To order a PERILS Index for an ILS transaction, please .
To download the product brochure, please click here.