We assist insurers in developing quantitative tools to measure and manage financial risk.
We have assisted insurers in developing economic measures of capital and required capital, including assisting European insurers in complying with the requirements of Solvency II. We have also helped in developing risk appetite statements and the corresponding risk tolerances and risk limits.
In addition to performing periodic reviews of insurance liabilities for many large insurance corporations in the region, we also provide advice on portfolio monitoring. We have designed many flexible tools for companies to use for monitoring their emerging claims experience and other KPIs. These tools are valuable for management and for making sound business decisions.
We have also designed software with user-friendly interfaces which monitor the profitability of our clients’ insurance portfolios. The portfolios are segmented by a multitude of variables to illustrate the impact of individual rating factors on claims experience.