Zurich-based catastrophe insurance data provider PERILS has established the first detailed industry exposure database (IED) for Indonesia, the Philippines and Thailand.
PERILS will provide the market-wide property sums insured exposed to earthquake, tropical cyclone and flood for each of these territories.
The sums insured information for each market is broken down by CRESTA zone, property line of business and the coverage types of building, contents and business interruption.
In addition, insurance cover conditions such as the applicable deductibles and loss limits per peril are included in the database.
Darryl Pidcock, Head of PERILS Asia-Pacific, commented: “The Southeast Asian region continues to grow in terms of both natural catastrophe exposure and associated losses. PERILS is pleased to be able to provide an industry exposure database for these respective markets which also…
