Advisen’s casualty loss data focuses on low frequency and high severity cases over $1,000,000 in value. Some entries are clash situations, some are catastrophes, and others are simply good examples of big, bad things happening. Most of these cases represent unpredictable clash incidences which can cause significant financial distress to companies and their insurers/reinsurers. Casualty loss data represents almost 25% of Advisen’s current overall collection of loss data. With over 400,000 total entries comprising $7 trillion in loss value, Advisen’s loss database contains loss data stemming from cyber events, factory fires, product liabilities, securities class actions, and floods.
This 10-page methodology document describes the factors and protocols that Advisen uses to capture, collect, and curate $1,000,000+ Excess Casualty loss data.
This Excess Casualty Loss Data Methodology addresses the following topics:
