Perils adds Australia to database

Catastrophe insurance data provider Perils has extended its
coverage into the Asia Pacific region for the first time with the
inclusion of Australia.
CEO Luzi Hitz said the company's target was to expand into
other territories in Asia Pacific.
The company will make available insured property sums exposed to
bushfire, earthquake, flood, hail, and tropical and extratropical
cyclones in the country.Perils will provide loss data for any events above a market loss of
A$500mn ($380mn).
Data is collect