Gathering timely, comprehensive specialty loss data is daunting yet crucial to managing risks, investments, and resources
Setting appropriate managing capital and loss reserves and verifying internal company estimates requires dates of loss, perils, and the underlying details of an event. Subscribe to the PCS reports for access to the data necessary to facilitate these decisions efficiently.
PCS Global large insured loss reporting for specialty lines
PCS gathers loss data from reinsurers, ILS funds, intermediaries, news, filings, and stakeholders to inform industrywide estimates. We compile 100% market estimates for personal property and vehicles, publishing preliminary estimates for physical damage, business interruption, liability, and cargo.
Manage and staff operations
Efficiently prepare your staff and operations for loss events that will impact your business.
Understand incident scope and business affect
A comprehensive understanding of the incident's scope and its impact on the business is pivotal to effective risk management and strategic decision making. Assess the extent and nature of the incident and identify the financial and operational consequences.
Identify triggering events as they happen
Swiftly spotting events enhances real-time risk management and decision-making, enabling and fostering agility.
Improve risk management and underwriting
Enhance risk management and underwriting for informed decisions and minimized exposure.
Optimize choices on loss reserves, risks, investments, and resources
Strategically optimize decisions on loss reserves, risk assessment, investments, and resource allocation for sustainable growth.
Global risk data for specialty lines
PCS Global Marine and Energy
Since 2010, PCS Global Marine and Energy investigates insured loss events, determining the extent and type of damage, dates of occurrence, and location. Event serial numbers are assigned for tracking losses when the industry loss appears likely to exceed US$100 million.
PCS Global Aviation
PCS Global Aviation provides independent third-party industry loss estimates for worldwide aviation risk loss events of at least $50 million. With breakdowns for hull and liability, the dataset has 200+ events dating back to 1977.
PCS Global Terror and SRCC/PV (strike, riot, civil commotion, political violence)
PCS Global Terror provides independent third-party industry loss estimates for loss events of $25 million or more, including attack date, location, loss estimate, and public narrative and (re)insurance insights, along with the number of fatalities and casualties from Verisk Maplecroft.
PCS Global Cyber
The PCS Global Cyber suite includes cyber risk losses involving one insured and an insured loss threshold of at least US$20 million. It also includes cyber catastrophe events that have cyber-related industry insured losses of at least US$250 million, including both affirmative and silent cyber.
PCS Global Large Loss
PCS Global Large Loss provides independent third-party industry loss estimates going back to 1989 on large non-elemental risk loss events of at least $250 million for roughly 80 events. Liability is included; however, there must be a property loss for liability to be reported.
Related resources
Stay in the know about important industry trends and innovative solutions.
Webinar
PCS Methodology Webinar
Important PCS product features presented by Alex Mican, head of PCS global strategy and growth, and Ted Gregory, head of PCS global operations, who discuss methodology and all things PCS.
Brochure
Everything You Need to Know About PCS
A full guide to catastrophe and non-catastrophe insurance industry loss reporting.
Resources
Emerging Risks. New Opportunities!
With new capital reinforcing the specialized global reinsurance markets such as Marine and Energy, Cyber, Aviation, and Terror, there is a wide range of opportunities to expand your portfolio.
Do more with the Verisk ecosystem
Verisk’s PCS catastrophe and large loss data solutions help insurers understand the scope and implications of severe weather and catastrophes as they happen.
Stay informed with fast, reliable severe weather and catastrophe data
Receive current, worldwide catastrophe loss information for insured losses in the United States, Canada, Mexico, APAC, Latin America, and Turkey.
Track weather and catastrophes as they happen
Access the primary source of catastrophes and weather events data in the United States and around the world with ISOnet® PCS®, the core subscription service. Or use PCS FlatCat® for flexible, customizable PCS catastrophe data delivery.
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