Financial planning and controlling tool for insurance companies,
non-life and life versions. Used as strategic planning tool
in major insurance companies at group and group company level.
Features include:
·
Risk
capital simulations for assets and liabilities, based
on risk models defined by customer. Results include risk
capital on stand-alone basis and after diversification
across different insurance business lines, and between
assets and liabilities
·
Database
architecture allows to create separate models for decentral
planning and calculations, planning results can then be
integrated in central model
·
Planning
can be done at the line of business (for non-life) and
product (life) level, asset allocation for fixed interest
and equity in different currencies; products for group
life and individual life can be defined separately
·
Output
includes impact of plan on risk capital and value of company;
can be aggregated along multiple dimensions (e.g., group
and group company, line of business, assets and liabilities)