Perils launches Canada loss aggregating service
Industry loss aggregator Perils has announced a partnership with
Toronto-headquartered CatIQ to begin tracking insured losses from
Canadian catastrophes.
It will join US-based rival PCS in providing industry loss
estimates for the country.
Perils will report on events with market losses of above C$300mn
($229.4mn) from any natural peril including earthquake, flood,
storm and wildfire. The loss data will be compiled by CatIQ.
CatIQ's advisory board includes representatives from three
major Canadi
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