Jamie Cook, Senior Vice President
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2008 Reinsurance Market Position
Catastrophe program limits continue to be set in accordance with Australian Prudential Regulation Authority (APRA) guidelines. Insurers are required to consider a catastrophe event with a return period of 1-in-250 years when calculating their Maximum Event Retentions (MER).
Check out the following articles, which were published today:
Reinsurer Diversification: The Guy Carpenter Model >>
The i-aXs® data management platform has revolutionized risk portfolio management. Guy Carpenter’s award-winning platform gives risk-bearers the power to convert life, accident and health (LA&H) data quickly into clear, concise information that fuels faster, better-informed decision-making. The i-aXs platform contemplates the complex data needs and perils specific to this line of business while providing a combined assessment of property and casualty exposures.
i-aXs products such as Risk ProfileriX, AccumulatoriX, and RealCatiX, hep carriers manage their LA&H exposures with a simple way to dig deeper into their own data.
GC LiveCat and GC ForeCat help you assess the impact of Atlantic hurricane activity—and potential losses—on your U.S. risk portfolio. With deeper detail, Guy Carpenter’s clients now have access to improved risk management capabilities, enabling them to manage their reinsurance purchases more effectively. GC ForeCat offers a detailed monthly pre-season hurricane landfall rate forecast from December through April, for four defined regions along the Atlantic Hurricane Basin, prior to the upcoming hurricane season. GC LiveCat delivers a forecast of 10 days—updated every twelve hours—for named storms in the Atlantic Hurricane Basin, along with probabilities of landfall by gate.
