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Canada gets catastrophe claims service

18 March 2010

For the first time the new independent claims service, PCS-Canada, will allow primary insurance companies, reinsurers, brokers, and others to receive industry wide data on Canadian catastrophes, including man-made and extreme weather events.

Read more: pcs-canada

For the first time the new independent claims service, PCS-Canada, will allow primary insurance companies, reinsurers, brokers, and others to receive industry wide data on Canadian catastrophes, including man-made and extreme weather events.

The Insurance Services Office (ISO) has been working with Toronto based MSA Research to bring Property Claim Services (PCS) to Canada.

The availability of historical catastrophe data will help insurers...


  • Philippines Earthquake Mw 6.7 06 Feb 2012 - On Monday, 6 February a magnitude Mw 6.7 (regional moment magnitude) earthquake ...
  • Queensland Floods 06 Feb 2012 - Monsoonal rains since mid-January have resulted in flooding in northeast Australia, affecting ...
  • Peru Earthquake Mw6.3 30 Jan 2012 - Updated 1 February. On Monday, 30 January a magnitude Mw6.3 (regional moment ...
For more catastrophe reports, data and news, click through to the RMS/Reactions Catastrophe Centre.

Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
44%
$4bn-$5bn
22%
$5bn-$6bn
11%
$6bn-$7bn
22%
More than $7bn
0%