PERILS has today disclosed its initial estimate of the insured property market loss for the convective storm systems which affected the greater Sydney region on 20 December 2018 and south-eastern Queensland the following two days.
PERILS AG has today disclosed its final loss estimate of EUR 1’672m for windstorm Friederike, also known as David. Friederike affected the British Isles, Belgium, the Netherlands and Germany on 17 and 18 January 2018.
PERILS AG has today announced that it has taken over responsibility for the ongoing management of the CRESTA Secretariat. The Secretariat was previously managed on a rotational basis by Munich Re and Swiss Re.
The PERILS Industry Exposure & Loss Database is based on data directly collected from insurance companies writing property business in the covered territories. The database provides significant value for its users.
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The PERILS Industry Loss Index Service allows the use of PERILS industry loss estimates as triggers in Insurance Linked Securities (ILS), Industry Loss Warranty contracts (ILW) or insurance risk derivatives.
Read MorePERILS is an organisation carried by the insurance industry aimed at improving the availability of catastrophe insurance market data. PERILS' industry data are based on information exclusively received from insurance companies writing business in the territories covered by PERILS.
