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perils
PERILS releases new Industry Exposure Database
19th April 2021
Zurich-based catastrophe insurance data provider PERILS has released its Industry Exposure Database (IED). The report contains information about property market sums insured exposed to natural perils in Australia, Austria, Belgium, Denmark, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, New ... Read the full article
PERILS creates exposure database for Indonesia, Philippines & Thailand
16th March 2021
Zurich-based catastrophe insurance data provider PERILS has established the first detailed industry exposure database (IED) for Indonesia, the Philippines and Thailand. PERILS will provide the market-wide property sums insured exposed to earthquake, tropical cyclone and flood for each of these territories. The sums insured information for each market is broken down by ... Read the full article
PERILS sets final £368mn estimate for Feb 2020 UK floods
1st March 2021
Zurich-based catastrophe insurance data provider PERILS has placed a £368 million final industry loss estimate of the flooding that took place across the UK during February 2020. The floods primarily affected Wales and the Midlands and Yorkshire in England between 9 and 29 February 2020. PERILS’ estimate is based on claims data ... Read the full article
PERILS releases final industry loss for storm Sabine (Ciara)
11th February 2021
Catastrophe loss data aggregator PERILS has released the final industry loss footprint for extratropical storm Sabine (Ciara). The event affected a wide area from the British Isles into Western and Central Europe from 9 to 11 February 2020. The total industry event loss figure, based on detailed loss data collected from the ... Read the full article
PERILS increases Oct hailstorm loss estimate to AUD 1.3bn
1st February 2021
PERILS, the catastrophe loss data aggregator, has reported a second industry loss estimate of AUD 1.3bn for the South East Queensland hailstorms which occurred at the end of October last year. This second estimate compares to the initial loss estimate of AUD 1.2bn which was issued by PERILS on 11th December ... Read the full article
PERILS discloses $66mn loss estimate for Izmir Earthquake
15th December 2020
Catastrophe insurance data provider PERILS has disclosed its initial industry loss estimate for the Izmir Earthquake, which hit Turkey on October 30. The insured property market loss, based on claims data collected from affected insurance companies, is TRY 532 million ($66 million). The earthquake had a Moment Magnitude of Mw 6.9, according ... Read the full article
PERILS puts insured property loss for Feb UK floods at £375m
1st September 2020
Zurich-based insurance data company, PERILS, has released an updated industry loss footprint for the floods in the United Kingdom in February 2020. The floods mainly affected Wales, the Midlands and Yorkshire from 9 to 29 February 2020. In total, an estimated 4,800 properties were flooded, although many more buildings were successfully ... Read the full article
PERILS adds Australian motor to coverage
17th March 2020
Catastrophe loss data aggregator PERILS is to extend its line of business reporting to include Australian motor for personal and commercial lines. PERILS will make available market-wide motor sums insured exposed to earthquake, flood, tropical cyclones, extratropical cyclones, hailstorms and bushfires in Australia via its database. These are the same perils currently ... Read the full article
PERILS raises Townsville flood loss estimate to AUD 1.2bn
12th August 2019
Catastrophe loss data aggregator PERILS has raised its property loss estimate for the floods that hit the Australian city of Townsville earlier this year to AUD 1.217 billion (USD 822 million). PERILS’ third estimate, which does not include losses from motor and other lines of business, represents a AUD 176 ... Read the full article
PERILS updates Townsville flood loss estimate to AUD $1.04bn
10th May 2019
Catastrophe loss data aggregator PERILS has updated its insured loss estimate to AUD $1.041 billion (USD $728.28 million) for the floods that hit the Australian city of Townsville, Queensland in February 2019. The update compares with PERILS’ initial loss estimate of AUD $957 million (USD $669 million), which was issued ... Read the full article
PERILS estimates AU$957m insured property losses from Townsville floods
15th March 2019
Catastrophe loss data aggregator PERILS has pegged the initial property losses for the floods which hit the Queensland city of Townsville earlier this year at AU$957 million (US$678 million). The city of Townsville and the surrounding area in northeastern Queensland experienced torrential rain and flash flooding between January 26 and February ... Read the full article
PERILS finalises storm Friederike industry loss at €1.672bn
17th January 2019
Catastrophe loss data aggregator PERILS has released its final re/insured loss estimate for Extratropical Cyclone Friederike, also known as David, putting the total at €1.672 billion (US $1.91 billion). In keeping with PERILS’ reporting schedule, the final loss figure was released 12 months after the original event, and represents a slim ... Read the full article
PERILS finalises storm Burglind (Eleanor) industry loss estimate at €756mn
3rd January 2019
Catastrophe loss data aggregator PERILS has released its final re/insured loss estimate for Extratropical Cyclone Burglind, also known as Eleanor, putting the total at €756 million (US $860 million). In keeping with PERILS’ reporting schedule, the final loss figure was released 12 months after the original event, and represents a 4.4% ... Read the full article
PERILS rolls out Wind-Jeannie platform in Australia, updates Europe model
22nd October 2018
Catastrophe data loss aggregation and estimation firm PERILS has announced the launch of Wind-Jeannie Australia, and has updated the underlying loss model for its European forecasting platform with new data. First launched in 2015, Wind-Jeannie is a website that provides real-time loss forecasts for approaching windstorms, and aims to help re/insurers ... Read the full article
PERILS reveals €324m final loss estimate for cyclone Xavier
5th October 2018
Catastrophe data loss aggregation and estimation firm PERILS has released its final loss estimate for extratropical cyclone Xavier, which primarily affected Germany on October 5, 2017. PERILS’ estimate of the insured property market loss for the cyclone, based on loss data collected from affected insurers, is €324 million. This compares to the ... Read the full article
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