Catastrophe Claims Data

PCS Catastrophe Loss Indexes Around the Globe

PCS^® is the global insurance industry’s leading source of independent catastrophe loss information. Beginning in the United States over 70 years ago, PCS now includes Canada, Mexico, Latin America (LatAm), APAC, and Turkey.

Gathering timely, comprehensive data on catastrophes that occur around the globe is daunting yet crucial to managing risks, investments, and resources

To set appropriate loss reserves, deploy field adjusters, and verify internal company estimates you must be able to define the extent and type of damage, establish dates of occurrence, and determine the geographic areas affected. Subscribing to the PCS reports gives you access to the necessary data to facilitate these decisions efficiently.

PCS catastrophe data for risk and capital management in the United States, Canada, Mexico, APAC, LatAm, and Turkey

Our network of claims departments, adjusters, emergency managers, agents, fire and police officials, and meteorologists provides data on insured losses for catastrophes and weather events.

Understand the implications of severe weather and catastrophes

Gain insights into the far-reaching implications of severe weather and catastrophes for informed decisions and proactive risk management.

Manage and staff operations

Efficiently oversee and deploy personnel for streamlined operations management, ensuring optimal resource utilization and performance.

Track catastrophe estimates

Monitor and analyze catastrophe estimates in real time for data-driven decision-making, risk mitigation, and strategic planning.

Understand incident scope and business effect

Gain a holistic grasp of incident scope to evaluate its multifaceted business impact, fostering informed responses and resilience.

Identify triggering events as they happen

Swiftly spot emerging events in real time, empowering proactive response and capitalization on opportunities for a strategic advantage.

Improve risk management and underwriting

Enhance risk management and underwriting processes, optimizing decisions for informed, efficient, and secure financial operation.

Optimize choices on loss reserves, risks, investments, and resources

Strategically optimize decisions on loss reserves, risk assessments, investments, and resource allocation for sustainable growth and resilience.

Define the extent and type of damage, establish dates of occurrence, and determine the geographic areas affected. The PCS reports give you access to the necessary data to facilitate decisions efficiently.

Download the report

Comprehensive loss indices and data across six key regions

US – Catastrophe loss index

PCS investigates loss events in the United States, including Puerto Rico and the U.S. Virgin Islands. A catastrophe serial number is assigned if insured property losses exceed US$25 million and affect a significant number of policyholders and insurers. If the preliminary estimate exceeds $250 million, PCS resurveys until the estimate is deemed final.

Canada – Comprehensive catastrophe loss information

PCS Canada assigns a serial number to track discrete Canadian events causing more than C$25 million in insured property losses and determine which trigger reinsurance coverage. Every Canadian event receives at least one resurvey and if warranted additional follow-up resurveys (every 60 days until the final estimate).

Mexico – Aggregated catastrophe loss data

PCS Mexico investigates disasters projected to exceed MX$300 million and assigns serial numbers to help you track losses from each catastrophe. The threshold for resurvey estimates (every 60 days until the final estimate) is MX$950 million (This product is available for use in the United States, Mexico, and many other countries).

APAC – Trusted catastrophe loss data

Serial numbers are assigned for catastrophe events that 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. PCS releases updated estimates every 90 days until the team arrives at a final estimate.

LatAm – Catastrophe Loss Data

PCS LatAm covers all natural and man-made catastrophes (excluding marine) likely to cause insured losses of US$500 million or more: Events in Argentina, Chile, Ecuador, Honduras, and Peru dating back to 1998, and non-U.S. Caribbean losses exceeding US$2 billion dating back to 2017.

Turkey – Investigating and assessing insured catastrophe losses

PCS Turkey investigates catastrophe events causing more than T₺10 million in direct insured property losses and affecting a significant number of policyholders and insurers. PCS Turkey assigns qualifying catastrophes a serial number to track losses and reserves related to a single, discrete event.

Related resources

Stay in the know about important industry trends and innovative solutions.

White paper

Explore new opportunities for peak peril risk transfer with PCS Mexico

Learn how Mexico benefits from industry catastrophe loss aggregation. Explore how Mexico is poised to provide the next significant opportunity for industry loss aggregation, ILW trading, and catastrophe bond issuance.

Download the white paper

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.

View the webinar on demand

Brochure

Everything You Need to Know About PCS

A full guide to catastrophe and non-catastrophe insurance industry loss reporting.

Download the brochure

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.

Track the impact of global large loss specialty lines

See loss estimates on specialty large loss events including marine and energy, cyber, aviation, onshore risk losses, terror, and SRCC/PV. Find data needed to set appropriate managing capital and loss reserves.

Learn about PCS global large loss specialty lines

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.

Learn about PCS catastrophe data platforms