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Verisk's PCS Enhances Global Terror Index with SRCC Data
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Overview
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Verisk's PCS has expanded its Global Terror Index to include SRCC data, aiming to enhance the understanding and management of political violence risks in the re/insurance market. The enhancement will benefit re/insurers in gaining additional capacity from capital sources and identifying trends in civil unrest events.
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How might the enhancement of the Global Terror Index impact the re/insurance market as a whole?
How will the inclusion of SRCC data improve the assessment of political violence risks?
What are some potential challenges that re/insurers may face in navigating civil unrest events?
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