Catco
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Studies and modeling for Reinsurers and Insurers since 2002
with a focus on catastrophes, but not only...
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ACTUARIAL EXPERTISE
PRICING TOOLS for REINSURERS
(click for details)
PORTFOLIO MODELING and DFA
(Monte Carlo Simulations)
SPECIFIC RATING SOFTWARE for
INSURANCE/REINSURANCE
QUOTE REINSURANCE
TREATIES ON LINE
(click to get to it)
CAT EXPERTISE
CAT MODELING
FLOOD EXPOSURE
(France only)
CREATE CRESTA EXPOSURES MAPS Online
MORE...
SAMPLE of WORKS REALISED in the past
Since 2002, Catco has acquired a strong experience in creating pricing tools for property/liability non-life reinsurance markets. These user friendly tools are usually developped on an Excel -VBA macros - base and are well suited for mid size or small reinsurers or local agencies that do not require heavy/worldwide rating infrastructure, but flexible, affordable yet reliable tools. These tools cover common general reinsurance rating methods for non proportionnal treaties and include modeling modules, Monte Carlo simulations methods, standard outputs like distributions of reinsurance loads, values at risks, etc... but can also include any specific requests. Lines of business with run offs like motor or construction liability are covered.
Over the last 20 years, users of these tools included well known reinsurers/brokers/insurers like Gras Savoye Re, Transatlatic Re, SCR Morocco, Groupama....
Modeling specific lines of business or entire portfolios has become a necessity not only for rating but also to face regulation requirements like Solvency II.
Working for the entire spectrum of the insurance/reinsurance industry Catco can probably help you a lot in that matter: analysing loss/exposure data, modeling lines of business - including LoB with run offs - and developping simulation platform for Dynamic Financial Analysis (DFA)
Expertise also include the integration of Cat Models engine outputs (RMS/AIR) in DFA.
Going on a new market? Launching a new product? And no tool yet to quote? Catco has developped many specific tools in the past for all kinds of markets, like aviation, agriculture stop losses in China, PMFBY crop coverage in India, construction liability in France,...
The tools use Excel as a platform and are writen in VBA langage. This approach offers pratically unlimited development possibilities, friendly interface as well as robust graphical extensions for a very affordable budget.
The project can also include the research and modeling of data necessary to create these specific rating software.
Run the simulation of reinsurance treaties
(No fee but requires registration for full usage)
Over the years, Catco has created a unique database of flood exposed areas for France,
covering about 200 rivers along their entire course
, and developped an expertise in geocoding addresses at the best level available as well as in mapping techniques using GISs
Combining the three allows to get a precise picture of flood exposure for entire portfolios, and helps identifying 'forgotten' risks, especially large industrial units, on rivers that have not experienced major floodings in decades if not centuries.
CRESTA is an organisation created in late 1970's helping reinsurers to locate and monitor their catastrophe exposures all over the world, each country being divided in sub areas with different resolution levels.See www.cresta.org
When analyzing a reinsurance treaty with cat exposures, in most cases exposure figures are provided as tables or quite hermetic files, making it hard to identify accumulations of risks.
Here is a tool that will help you a lot : in just a few clics, enter you data and create a nice CRESTA map of your treaty's exposures that you can download!
(Still working on it... Check again once in while)