Service provider
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Michael Hamer recognised for his work with investors and on reporting frameworks. -
Harry White has been with Verisk for 14 years, while Ted Gregory has been with PCS for 12.
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The number has expanded by around 40% from an earlier update, sources said.
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The latest update brings the agency’s combined estimate for Milton and Helene to $32.4bn.
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The platform’s aim is to support the ILS industry in ‘getting the marks right’.
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Investors want transparency from managers regarding the impacts of climate change.
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Six weeks after the storm, Perils released its first industry-loss estimate at EUR619mn.
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This year’s ceremony will include the inaugural Women in ILS Award presentation.
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The industry loss data provider also increased its estimate for Hurricane Helene to $15.3bn.
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KCC is part of the CDI’s review into creating a public wildfire cat model for insurers.
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The agency said introduction of a new methodology will depend on the feedback it receives from the ILS market.
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Most of the industry losses occurred in Austria, the Czech Republic and Poland.
