Reinsurance Outgoing
As independent consultants we are – regardless of politics and commissions – able to come up with tailor made reinsurance structures optimised for your company or alternatively develop capital solutions in addition to your existing reinsurance coverage. All important criteria to this will be developed in consultation with your specialist department and fixed with the management.
Unlike brokerage firms and reinsurers we are not subject to market and/or business policy constraints. We act as your consultant, if required also with external impact to the following subjects:
1) Data preparation & first evaluation
Data have a high significance in both quantitative analysis and qualitative statements. In total it creates the basis for your corporate activity but also the image that you give to the outside as a company.
To pass on an exact representation of your risk and loss portfolio, we help you in the following process steps:
- Preparation of datasets for qualitative risk analyses and modelling of exposure accumulations
- Summary of business, underwriting and claims handling guidelines as well as your business policy regarding description of the company’s philosophy and risk policy
2) Analyses and modelling of risks
- Application of statistical and heuristic techniques
- As required, cooperation with partners to depict probabilistic results for independent and accumulating losses
3) Structuring and pricing
- Gross and net perspective
- Influence on solvability ratios and provisions for late outstanding claims
4) Benchmarking
5) Placement advisory
As independent consultants we help our clients to position themselves best in the international reinsurance market. We gather quotations, support negotiations with reinsurance companies or lead those ourselves, directly or via a broker. A part of our offering is also the selection of suitable reinsurance companies on the basis of solvency and service criteria.