insurance catastrophe codes 2021

That decision allowed those who had suffered catastrophic injuries to resume receiving the sort of care they'd gotten prior to the new fee schedules going into effect in July of 2021 . details. TDI is seeking only property insurance information for the 2021 winter weather event. Link to Mitigation and Building Code Workshop slides and recordings. Confidential informationUnder Insurance Code Section 38.001(d), a response made under this sectionwhether to a statistical agent or to TDIthat is otherwise privileged or confidential by law remains privileged or confidential until introduced into evidence at an administrative hearing or in a court. Raymond G. Farmer Award for Exceptional Leadership, System for Electronic Rates and Forms Filings, Market Regulation and Consumer Affairs (D), Financial Regulation Standards and Accreditation (F), Innovation, Cybersecurity, and Technology (H), Market Conduct Annual Statement Blanks (D), Risk-Based Capital Investment Risk and Evaluation (E), Advances in numerical weather prediction, data science, and open-source software herald a paradigm shift in catastrophe risk modeling and insurance underwriting, Catastrophe Models: In the Eye of the Storm, Catastrophe Risk and the Regulation of Property Insurance Markets, A Decade of Advances in Catastrophe Modeling and Risk Financing. For catastrophe bulletins pertaining to catastrophes that occurred after Bulletins; and other specific regulatory and legislative information. TDI is seeking only property insurance information for the 2021 winter weather event. Find contact information for insurance departments and local insurance agents, or file a complaint. 258 0 obj << /Linearized 1 /O 260 /H [ 1234 663 ] /L 203707 /E 21326 /N 49 /T 198428 >> endobj xref 258 28 0000000016 00000 n 0000000911 00000 n 0000001897 00000 n 0000002115 00000 n 0000002267 00000 n 0000002725 00000 n 0000002918 00000 n 0000003104 00000 n 0000003285 00000 n 0000003861 00000 n 0000003884 00000 n 0000007062 00000 n 0000007085 00000 n 0000009072 00000 n 0000009095 00000 n 0000011022 00000 n 0000011045 00000 n 0000012898 00000 n 0000012921 00000 n 0000014851 00000 n 0000014874 00000 n 0000016748 00000 n 0000016771 00000 n 0000019039 00000 n 0000019062 00000 n 0000021095 00000 n 0000001234 00000 n 0000001875 00000 n trailer << /Size 286 /Info 250 0 R /Root 259 0 R /Prev 198417 /ID[] >> startxref 0 %%EOF 259 0 obj << /Type /Catalog /Pages 252 0 R /Outlines 179 0 R /OpenAction [ 260 0 R /XYZ null null null ] /PageMode /UseNone /PageLabels << /Nums [ -2 << /S /D /St -1 >> -2 << /S /D /St -1 >> -2 << /S /D /St -1 >> -2 << /S /D /St -1 >> -2 << /S /D /St -1 >> -2 << /S /D /St -1 >> ] >> /Metadata 257 0 R >> endobj 284 0 obj << /S 784 /O 873 /Filter /FlateDecode /Length 285 0 R >> stream For copies of bulletins, please contact us at 512-676-6585 or via email at: ChiefClerk@tdi.texas.gov Aircraft has been declared a total constructive loss. FEMA Region 6 Workshop. Includes hurricanes that occurred through 2021. (1) Ranked by total number of tornadoes. (2) Adjusted for inflation by Aon using the U.S. Consumer Price Index. These original bulletins are available in PDF format. Maersk Oil & Gas FPSO Gryphon: Major damage following loss of station keeping - 4 February 2011, Tornadoes affecting Oklahoma, Arkansas, Mississippi, Alabama, North Carolina, South Carolina, Maryland and Pennsylvania on 14 - 16 April 2011, US Tornadoes, 24 - 28 April 2011, affecting Alabama, Arkansas, Georgia, Louisiana, Missouri, Oklahoma, North Carolina, South Carolina and Tennessee. a physical damage loss on a factory located in Ukraine), Losses indirectly arising from, or in consequence of, Russias invasion of Ukraine commencing February 2022 (including losses caused by the impact of, Hurricane Nicole in the period 10 November 2022 and 14 November 2022, Storm Elliot in the period 22 December 2022 and 26 December 2022, Atmospheric rivers, California, USA. 2023: 2318: 18: 02/02/2023: 02/05/2023: Flooding, Freezing, Hail, Ice, Snow, Wind : 2022: 2273: 73: 12/21/2022: 12/25/2022: Flooding, Freezing, Ice, Power Outage . Providing insurance for emergency services organizations such as fire and rescue code3insurance.org Source: CoreLogic, a property data and analytics company. All 7 crew and 61 passengers perished in the incident. Hb```f`` All Rights Reserved. As of January 2023. Slave Lake fire, Alberta, Canada, starting 14 May 2011 and continuing 15 and 16 May 2011, Loss of Asiana Airlines Cargo Boeing 747-400F, registration HI 7604 on 28 July 2011 following a reported in-flight fire, Losses arising from civil disturbances in England, 6 August - 10 August 2011, Losses arising from Hurricane Irene, affecting Puerto Rico, Bahamas and Eastern Seaboard of United States and Canada from 22 August to 29 August 2011, Losses arising from New Zealand earthquake at Sumner, 13 June 2011, Texas wildfires from 30 August and continuing through September 2011, including Bastrop County fire. This has led to a growing movement towards open models. The cost controls and 56-hour rule took effect in July 2021. Transocean MODU Deepwater Horizon - Explosion and resultant sinking off the coast of Louisiana from 20 April 2010. 2,000 filed claims or homes and structures damaged. tropical storms and land-based events. 40.1%. ISO needs reporting insurers that have not yet registered with ISO to complete the attached form to set up the appropriate credentials for statistical reporting. Based on the estimated probability of loss, they can estimate a range of direct, indirect, and residual losses. Source: National Interagency Fire Center. According to the Insurance Code, all reasonable claims are supposed to be fully settled within three months. They also allow for more efficient model validation and verification. Weather conditions were adverse with monsoon rain and poor visibility. contains easily accessible information on all catastrophes identified by PCS that includes the states impacted, the cause of each catastrophe, and the associated loss estimates. Catastrophe models incorporate advancing technology, scientific insight, engineering methods, and statistical data analysis to model complex scenarios and events. Submission informationCompanies must send all reports to TDI's statistical agent, Insurance Services Office, Inc. (ISO). To: PCS assigns a catastrophe serial number to loss events in the United States, Puerto Rico, and the U.S. Virgin Islands that cause $25 million or more in insured property losses and affect a significant number of policyholders and insurers. Catastrophe codes issued in calendar year 2011. Catastrophic health insurance plans have low monthly premiums and very high deductibles. (3) Includes losses sustained by private insurers and government-sponsored programs such as the National Flood Insurance Program. This would be likely to increase the complexity of models and propel demand for more transparent and flexible models. Codes can be allocated to a single loss occurring on a specified date or to a single loss incurred over a number of days. These include doctors' services, inpatient and outpatient hospital care, prescription drug coverage, pregnancy and childbirth, mental health services, and more. Having a problem with an insurance company or agent? catastrophe insurance mechanisms. Select a state or jurisdiction for insurance department contact information. Home; Utah ZIP Codes; Salt Lake ZIP Codes; Map of West Valley City, Utah ZIP Codes; Map of ZIP Codes in West Valley City, Utah. Browse our timeline to learn how we support insurance regulators in their mission to protect consumers and ensure fair and healthy insurance markets. Includes losses sustained by private insurers and government-sponsored programs such as the National Flood Insurance Program. The voice for a resilient Australia If you qualify to buy a Catastrophic plan, youll see them displayed when you compare plans in the Marketplace. weather occurrences plus current weather information conditions, Includes Puerto Rico and the U.S. Virgin Islands. Select your PCS ICA disaster response specialists are mobilised to the affected location to work with government agencies, emergency services, local agencies and affected policyholders. There are separate lists for admitted and surplus lines companies. Copyright 2023, Insurance Information Institute, Inc. CRS Communities can receive credits for Department of Insurance participation in consumer events. Loss of Germanwings Flight 9525 over the French Alps on 24 March 2015. We provide tools and resources to help regulators set standards and best practices, provide regulatory support functions, and educate on U.S. state-based insurance regulation. Subject to change as loss estimates are further developed. However, the resolution of some perils, such as flood, is still evolving. ***. Infographic: Hurricane Katrina 10 Years Later. (1) Natural disasters that cause at least $25 million in insured losses; or 10 deaths; or 50 people injured; or 2,000 filed claims or homes and structures damaged. We're here to help. New Zealand flooding in the period 27 January 2023 and ongoing, Storm Eunice, affecting the UK and Europe in the period 18 February 2022, US Winter Storm affecting Texas commencing 12 February 2021, New South Wales wildfires commencing 1 August 2019, Western Australia wildfires commencing 13 November 2019, Ridgecrest Earthquakes, encompassing a series of earthquakes, emanating in the vicinity of Ridgecrest, California. Medical providers' reimbursements for no-fault insurance were generally limited to 200% of Medicare rates for the same service or . The nationwide aggregate reinsurance cover will offset $184 million of losses. 146 passengers and 6 crew perished. Debbie was downgraded to tropical low late on 28 March 2017 and the weather system continued to spread from QLD into NSW. Catastrophe insurance protects businesses and residences against natural disasters such as earthquakes, floods, and hurricanes, and against human-made disasters such as a riot or terrorist. Catastrophe Codes Codes can be allocated to a single loss occurring on a specified date or to a single loss incurred over a number of days. Includes Puerto Rico and the U.S. Virgin Islands. Many catastrophe bonds and industry loss warranty issuers choose the PCS Catastrophe Loss Index because PCS: PCS assigns a catastrophe serial number to loss events in the United States, Puerto Rico, and the U.S. Virgin Islands that cause $25 million or more in insured property losses and affect a significant number of policyholders and insurers. This could significantly enhance modelers' capabilities to understand and to quantify catastrophe risk. As of January 2023. and Event Tracking Reports provides the latest information on DeadlineThe first report for data as of February 28, 2021, is due March 31, 2021. The Academy also develops and upholds actuarial practice standards, qualification requirements, and the Code of Professional Conduct for all actuaries practicing in the United States. XCS will enter this Cat Code when requested by leaders to do so. Includes Puerto Rico and the U.S. Virgin Islands. Depending on the source, these modules names can slightly vary, but the underlying function of the modules remains the same. Insurance Catastrophe Resilience Report 2020-21 Released September 2021 The Insurance Council of Australia's Insurance Catastrophe Resilience Report: 2020-2021provides a data-driven overview across five events declared Insurance Catastrophes by the ICA between October 2020 and June 2021. You can customize, analyze, and integrate the data right Discover tools and resources to help you understand different types of insurance, claims processes, and practical tips to help support you through every stage of your life. While individual hurricanes and earthquakes tend to produce higher losses, tornadoes account for a major share of catastrophe losses because of their frequency. Natural Catastrophe Losses In The United States By Peril, 2022 (1), Natural Catastrophes By Quarter, 2022 (1), Estimated Insured Property Losses, U.S. Natural Catastrophes, 2013-2022 (1), Top 10 Costliest Natural Catastrophes, United States (1), Facts + Statistics: Tornadoes and thunderstorms, Facts + Statistics: Earthquakes and tsunamis, $25 million or more in insured property losses. Open models allow components to be more visual and accessible to users. Catastrophe codes issued in calendar year 2005: Catastrophe codes issued in calendar year 2004: Catastrophe codes issued in calendar year 2003: Hurricane Andrew and Insurance: The Enduring Impact of an Historic Storm. Aban drilling, loss of Rig off the coast of Venezuela, Boeing737-800, registration: VT-AXV, Air India Express operating flight IX823 Dubai to Mangalore overshot runway 24 on landing, 22 May 2010, Flooding in Southwest and Southeast Queensland, for damage in the period 1 March to 5 March 2010, Melbourne severe storm event, for damage occurring on 6 March 2010, Perth severe weather, for damage occuring on 22 March 2010, Saudi Arabian Airlines Warehouse fire, 10 June 2010, which damaged or destroyed a large proportion (or all) of the insured's aircraft and ground equipment spares stored at the warehouse, Airbus aircraft, registration APBJB, operated by Air Blue, on a flight from Karachi to Islamabad, crashed into the Margalla Hills north of Islamabad on landing, 28 July 2010. For property lines of insurance, companies should include any claims or losses with occurrence dates from February 11 through February 19 that resulted from any of the following causes of loss: freezing (including any resulting water damage), ice, snow, wind, or power outage. The Insurance Council of Australias Insurance Catastrophe Resilience Report: 2020-2021 provides a data-driven overview across five events declared Insurance Catastrophes by the ICA between October 2020 and June 2021. PCS catastrophe serial numbers are an industry standard available to all PCS subscribers. An overview of the reporting requirements for ELE claims are as follows: Unit Statistical Claims involving an ELE are coded using the established catastrophe code, which is reported in the catastrophe number field on the Loss Record. The report uses insurer data and insights to review the last 12 months of extreme weather events and advocate for changes to lessen the impact of future events. Companies should review the statistical plan, specifically Section 4, to determine which lines it must report. have occurred on a monthly and quarterly basis, along with periodic news Hurricane Ingrid affecting Gulf of Mexico between 12 and 17 September 2013, Hurricane Manuel affecting Mexico between 13 and 19 September 2013, Typhoon Haiyan (Yolanda) affecting Philippines, Eastern Samar, South China Sea, Vietnam etc between 8 November 2013 and 11 November 2013, Cold weather/freeze affecting USA and Canada starting from 30 December 2013 and including storm on 2 January 2014 and ongoing, including what has been called "Polar vortex storm", Losses arising from the grounding and partial capsize of 'Costa Concordia' off Isola del Giglio, Italy, Tornadoes affecting Ohio Valley, including Alabama, Indiana, Kentucky and Ohio - 2-3 March 2012, Mexican earthquake at Oaxaca, Mexico (16.493 n 98.231), Tornadoes affecting Central Plains including Oklahoma, Italian earthquake in Northern Italy (44.920 n 11.330 e), Italian earthquake at Medolla, Italy (44.833 n 11.103 e), Tropical Storm/Hurricane Isaac - 22 August 2012 and ongoing, Hurricane Sandy Provisionally from 24 October 2012 (Caribbean) and ongoing. up-to-date information about this annual PCS program, including Claims arising fromdamage in the UK and mainlandEurope as a result ofwindstorm Kyrill, UK Floods - From 21st June 2007 to 29th June 2007, Tam Lineas Aeras Airbus A320, PR MBK, crash at Congonhas Airport, Sao Paulo on 17 July 2007, One-Two-Go crash involving MD 82 HS-OMG at Phuket Airport on 16 September 2007, Kenya Airways - B737-800, 5Y-KYA, crashed shortly after take-off from Douala Airport, Cameroon in torrential rain killing all 114 people on board, Ground collision involving EADS/Airbus 340-600 MSN 856 Reg No F-WWCJ, Saint Martin Airbus Site France on 15 November 2007 during engine run-ups, Pemex/Perforadora central rig slide resulting in damage and possible oil spill due to heavy weather, Mexico, Atlas Jet/World Focus Airlines total loss of MD83 TC-AKM at Isparta, Turkey, Fire at the Panasonic Group's Matsushita Battery Industrial (MBI) factory in Osaka, Japan, Hyundai Fortune - explosion and fire (Gulf of Aden), Tornado damage Missouriand Illinois, Indiana, Kansas, Oklahomaand Arkansas, Hangar fire at Zaventem Airport, Brussels, Comair Bombardier CRJ-200, N431CA operating Flight 5191, Lexington, Kenticky to Atlanta, Georgia crashed on take-off from Lexington with 49 immediate fatalities to the 47 passengers and 3 crew on board, on 27 August 2006. 38,933. Losses arising from heavy rainfall starting on 12 January 2011, and ensuing flooding continuing through to the present day affecting Victoria, Australia. Several buildings were damaged along with their contents and thirty seven military vehicles completetely destroyed. Bulletins Map of all ZIP Codes in Utah. They are intended to inform users on where future events are likely to occur and how intense they are likely to be. the end of 1997. Western European floods, affecting Switzerland, Austria, Hungary, Germany etc. Claims Modeling vendors began to use advanced modeling technology in 2000 to simulate more accurately the true physics of events. Join the best minds in the market - access the expertise, knowledge and insights to protect and develop your business. Typhoon Hato, commenced 20 August 2017, affecting Hong Kong, Macau and South China, Hurricane Harvey, commenced 24 August 2017, affecting Texas, Hurricane Harvey, 30 August 2017, affecting Louisiana, Hurricane Irma, 1 September 2017 to 10 September 2017, affecting Caribbean and non-US mainland, Hurricane Irma, 10 September 2017, affecting Florida, Storm Irma, commencing 11 September 2017, affecting Alabama, Storm Irma, commencing 11 September 2017, affecting Georgia, Storm Irma, commencing 11 September 2017, affecting South Carolina, Hurricane Maria, 17 September 2017, affecting Caribbean, Mexico Earthquake, 19 September 2017 - central Mexico, Mexico City, states of Puebla and Morelos and surrounding areas, Hurricane Nate, commencing 5 October 2017, affecting non-US and US mainland, Hurricane Nate, commencing 7 October 2017, affecting Louisiana, Hurricane Nate, commencing 7 October 2017, affecting Mississippi, Northern California wildfires commencing 8 October 2017, Atlas Fire - Lake Berryessa and affecting Napa County commencing 8 October 2017, Tubbs Fire - Calistoga and affecting Santa Rosa region commencing 8 October 2017, Thomas wildfire, Santa Barbara and Ventura Counties, commencing 4 December 2017, Japan, Kumamoto Earthquake between 14 and 16 April 2016, Wildfire - Fort McMurray, Alberta, Canada commencing 1 May 2016, Texas Hail event commencing 10 April 2016, Losses arising from flooding in the US state of Louisiana commencing 12 August 2016, Losses arising from the 'Blue Cut' wildfire in San Bernadino County, California commencing 16 August 2016, Hurricane Hermine, commenced 2 September 2016, Typhoon Meranti, also known in the Philippines as Typhoon Ferdie, commenced 8 September 2016, Hurricane Matthew, commencing 29 September 2016 - for alllosses occurring in other states/locations not listed below, Hurricane Matthew - for losses occurring in Caribbean, Hurricane Matthew - for losses occurring in Florida, Hurricane Matthew - for losses occurring in Georgia, Hurricane Matthew - for losses occurring in North Carolina, Hurricane Matthew - for losses occurring in South Carolina, Hurricane Nicole, commencing 4 October 2016, New Zealand Earthquake (magnitude 7.8), South Island near Hammer Springs, 14 November 2016. Please sign in to access member exclusive content. Model advancements are frequently driven by events revealing deficiencies in a model. As of January 2023. The Texas Department of Insurance (TDI) requires reporting of catastrophe-related data by insurers under Insurance Code Chapter 38, Subchapter E, and Insurance Code Section 38.001. Sources of residual loss include demand surge, labor delays, and inflation in material costs. Gol Lineas Aereas Boeing 737-800, PR-GTD, operating Flight 1907, Manaus Brasilia, Brasil destroyed with 155 passenger and crew fatalities following mid-air collision with Embraer EMB-135BJ Legacy 600, N600XL, 30km from Peixoto de Azevedo, Brasil 29 September 2006. PCS FlatCat 1. Find out if you qualify for a Special Enrollment Period. Includes losses sustained by private insurers and government-sponsored programs such as the National Flood Insurance Program. (2) States with the same number of tornadoes receive the same ranking. The San Francisco earthquake of 1906: An insurance perspective. At the request of the Lloyd's Market Catastrophe co-ordination group, claims services major casualty / catastrophe code 11RX has been establised for the purposes of identifying CBI claims arising out of the 2011 Thailand flooding. Reporting requirementsThe Texas Department of Insurance (TDI) requires reporting of catastrophe-related data by insurers under Insurance Code Chapter 38, Subchapter E, and Insurance Code Section 38.001. (1) Includes Puerto Rico and the U.S. Virgin Islands and losses sustained by private insurers and government-sponsored programs such as the National Flood Insurance Program. XCS will enter this code when requested by leaders to do so. ZIP codes included in data call Reporting form Specialized Support Catastrophe Response Catastrophe Response When a natural disaster or other catastrophic event hits, Travelers helps you manage your claim and recover. Companies must file their reports under the statistical plan. PCS Catastrophe Conference provides the most "October is typically . Commencing 26 December 2022 to 31 December 2022, US Winter Storm commencing 12 February 2021, New South Wales flooding commencing 18 March 2021, Pacific Northwest floods including British Columbia, Canada and Washington State, USA commencing 12 November 2021, Tornado outbreak affecting Kentucky, Arkansas, Illinois, Missouri and Tennessee commencing 10 December 2021, Victoria wildfires commencing 21 November 2019, Hurricane Laura commencing 23 August 2020, Regulatory tools (Crystal, Risk Locator & Stamp Decision Tool), Open Market Quality Assurance Tool (QA Tool), Binding Authority Quality Assurance Tool (QA Tool), Third Party Oversight (Delegated Authority), View all 'Claims for market participants', FAQ - Lloyd's Claims Scheme Consultation 2023, European floodingcommencing 12th July 2021, Civil Unrest in South Africa,commencing 8 July 2021, Tropical Storm Henri commencing 20th August 2021, Hurricane Ida commencing 27th August 2021, Australianwildfires commencing 1 August 2019, 1 August 2019 and 3 May 2020 and ongoing, 1 August 2019 and 13 February 2020and ongoing, Australian hailstorm commencing 19 January 2020, Australian hailstorm affecting New South Wales commencing, Australian hailstorm affecting Victoria commencing 19 January 2020. Please sign in to access member exclusive content. Texas Insurance Code Section 2210.107 (c) requires TWIA to produce an Annual Report to the Texas Legislature detailing the extent to which the Association and the Board of Directors have met the requirements of the Code. Modeling platforms have also been advancing. The PCS Catastrophe Loss Index offers the reliability, consistency, and transparency that issuers of insurance-linked securities (ILS) need to make smarter decisions with their capital. Information on catastrophes, including earthquakes, terrorism, hurricanes, wildfires and tornadoes is provided in the Supporting resiliency and disaster recovery"section of the Firm Foundation (see chapter navigation on the left). Generally, the liquidity (or . In these instances, when there is no way to ascertain whether the parameters or distributions are correct, the models incorporate informed judgement and subjectivity. Key metrics provided by a probabilistic catastrophe model include the Exceedance Probability (EP) curve, the Probable Maximum Loss (PML), and the average annual loss (AAL). TDI Catastrophe bulletins TDI Catastrophe bulletins For more specific information on a particular bulletin, please refer to the contact person/division at the end of the bulletin. Tropical Cyclone Debbie. ContactTed Gregory | Director of Operations, PCS, Privacy Notices | Conditions of Use | Cookie Preferences 2008, Verisk Analytics, Inc. All rights reserved.USA: 1-800-888-4476 Global: + 800 48977489. Aerocarribbean S.A. ATR 72, registration CU-T1549, crashed 4 November 2010 during a domestic flight in the remote area of Sancti Spiritus, Cuba. insurance industry's response to catastrophes. information about program content, session descriptions, and conference All Rights Reserved. Membership lists, services and education to serve you and your mission. Aircraft was subsequently destroyed by post impact fire. United States, Puerto Rico, and the U.S. Virgin Islands. Catastrophe models have been rapidly evolving since their introduction in the 1980s. Language other than English spoken at home, percent of persons age 5 years+, 2017-2021. Global insured natural catastrophe losses reached an estimated $105 billion in 2021, the fourth-highest total on record, according to the Swiss Re Institute. Access forms and tools to file expense reports, review grant and zone scholarship balances, and travel guidelines. Typhoon Nepartak (known in the Philippines as 'Typhoon Butchoy') storm developed south of Guam and Fujian, China, Gatlinburg wildfire (AKA the Chimney Tops 2 wildfire, Great Smoky Mountains Wildfire), Sevier County, Tennessee, commencing 23 November 2016. Loss of Mitsui OSK Lines containership MOL Comfort in the Indian Ocean en route between Singapore and Saudi Arabia, losses between initial cracking of vessel reported on 17 June 2013, and 10 July 2013 when the second half of the vessel finally sank. Catastrophe The PCS catastrophe serial number lets insurers track losses and reserves related to a single discrete event. Computer and Internet Use. (3) Apartments, condominiums and multi-unit dwellings. ISO Electronic Numerical Listings of Classification Codes, Verisk Announces Sale of 3E Business to New Mountain Capital, is a recognized worldwide authority on property catastrophe losses, is committed to serving the global insurance and reinsurance industry, has more than 60 years experience identifying catastrophes and compiling proprietary catastrophe loss estimates, provides insurers and reinsurers, through license agreements, use of PCS catastrophe information to help with their financial needs. Explore future meetings and access past event documents. Explosion and ensuing fire at the Hertfordshire oil storage terminal, Buncefield, Hemel Hempstead, Herts. On March 23, 2021, the Capital Adequacy (E) Task Force met to discuss various issues. But you pay most routine medical expenses yourself. Representatives from diverse groups who provide varied perspectives on insurance regulatory issues. As a consequence, in excess of 50 aircraft sustained varying degrees of damage. Aircraft struck the ground 15kms short of Perm Airport, Russia fatally injuring 82 passengers and 6 crew. The PML is the annual probability a certain loss threshold is exceeded. Typhoon Chan-hom (Falcon) affecting China, Taiwan, South and North Korea et al from 30 June 2015 to 15 July 2015, Typhoon Souledor affecting Saipan, Taiwan, East China et al, 2/3 August 2015, Warehouse explosions in Tianjin, 12 August 2015, South California wildfires - the Butte fire in Calaveras and Amador Counties on 9 September 2015, The Valley fire in Lake, Napa and Sonoma Counties on 12 September 2015, Hurricane Patricia, 20 October to 24 October, Southern India Flooding between November - December 2015, Samarco Dam burst in Minas Gerais, Brazil on 5 November 2015, Malaysian Airlines, Loss of B777-200ER, 9M-MRI, on 8 March 2014, Attacks on Tripoli Airport from 13 July 2014, Loss of Malaysian Airways flight MH17 over Ukraine, Hurricane Odile - 13 to 19 September 2014, Brisbane and South-East Queensland storm, 27 - 28 November 2014, Loss of Air Asia QZ8501 over the Java Sea, 28 December 2014, Cyclone Oswald affecting Queensland and New South Wales, Australia, Destruction of Intelstat 27 (IS-27) Satellite following malfunction of launch vehicle.