Portfolio Catastrophe Loss Modelling
How We Can Help You
We use simulations to identify the portfolio segments and sites which are most exposed to natural disasters, and their respective contribution to the maximum gross probable loss. This gives us – and you – a deeper insight into your risk appetite and the insurance capacity and rates available to you.
Our approach encompasses four phases:
1. Identification of highly exposed zone: Selection of countries and/or zones for which a cat modelling study is relevant, i.e., where there is a major concentration of value combined with extreme hazard risk
2. Data collection and processing: Processing of location-specific data relevant for the analysis, e.g., GPS, TIV building characteristics, occupancies, and loss prevention data
3. Cat modelling and analysis: Statistical calculation of probable financial losses under different scenarios based on our proprietary probabilistic cat models; analysis of the results according to your company's specific circumstances
4. Presentation of results: Full summary of our analysis in a written report and client debrief to present recommendations based on our findings
With tangible data, we help you define the best possible strategy for your insurance coverages (limits / sub-limits) based on your risk appetite, the market environment, and the capacities available in the market.
Most significantly, we help you to develop business impact analyses and draw up business continuity or disaster recovery plans specific to your company's needs.