The PCS APAC service investigates reported disasters in the Asia-Pacific (APAC) region and determines the extent and type of damage, dates of occurrence, and geographic areas affected. The service assigns serial numbers that help you track the losses from each catastrophe.
Catastrophe events must exceed US$2 billion in Japan or US$2.5 billion in the rest of the region to be considered for designation under PCS APAC. After a preliminary insured loss estimate is published, PCS releases updated estimates every 90 days until the team arrives at a final industry insured loss estimate.
PCS APAC produces damage estimates that help you:
Insured loss estimates also keep insurers, their customers, regulators, and other interested parties informed about the total costs of disasters.
You will soon be redirected to the 3E website. If the page has not redirected, please visit the 3E site here. Please visit our newsroom to learn more about this agreement: Verisk Announces Sale of 3E Business to New Mountain Capital.