PCS Catastrophe Loss Index

Property Claim Services® (PCS®), a unit of ISO, is an internationally recognized catastrophe loss index provider and an authority on insured property losses from catastrophes in the United States, Puerto Rico, and the U.S. Virgin Islands. PCS estimates are widely accepted as triggers in many traded financial-market instruments, including exchange-traded futures and options, catastrophe bonds, catastrophe swaps, industry loss warrants (ILWs), and other catastrophe derivative instruments.

The insurance, reinsurance, and capital markets rely on PCS to investigate reported disasters and estimate insured losses, including the extent and type of damage, dates of occurrence, and geographic areas affected. PCS assigns serial numbers to help track losses from each catastrophe and produces damage estimates for losses and claim counts for personal, commercial, and automobile lines of business.

PCS estimates play an important role in risk management, alternative risk transfer, and insurance risk trading.

How it works

PCS has developed a national network of insurer claim departments, insurance adjusters, emergency managers, insurance agents, meteorologists, and fire and police officials to collect loss information. PCS also maintains contacts with industry representatives in many countries.

PCS offers a web-based service that provides daily reports on severe weather and catastrophes. And it maintains a database of information on catastrophe losses since 1950. PCS also publishes informative reports on issues relating to property claims management.

» Learn more about PCS

For more information. . .
… about PCS’s role in insurance-linked securities (ILS) markets, please contact Alex Korb at 201-469-3118 (or send e-mail to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ) or Gary Kerney at 201-469-3107 (or send e-mail to This e-mail address is being protected from spam bots, you need JavaScript enabled to view it ).