The RiskIntegrity Internal Model software supports insurers in the automation of processes to calculate and report their internal model regulatory capital requirement under various global regulatory regimes, or to manage internal economic capital.
The Moody’s Analytics AXIS actuarial system is widely used by life insurers, reinsurers, and consulting firms for pricing, reserving, asset and liability management (ALM), financial modeling, capital calculations, and hedging. The AXIS actuarial system provides the flexibility to deploy large-scale computing power through an advanced cloud-based delivery platform or installed software.
The RiskIntegrity Capital Aggregator enables insurers to calculate one-year Value-at-Risk (VaR) risk-based capital, using a Monte Carlo approach to perform analysis including capital allocation by product and risk category.
"Insurers will have to embrace the speed of change and use digital transformation to enhance the customer experience, as well as leverage data to improve efficiency through automation to remain competitive in this changing landscape"...
Colin Holmes, general manager at Moody's Analytics, explains how the solutions provider is helping insurers steer through 2021 and prepare for the future with its breadth of capabilities and expertise.