General Insurance Article - ReMetrica Version 6.10 launched by Aon Benfield


 Aon Benfield has today announced the launch of ReMetrica Version 6.10, the dynamic financial analysis tool for risk and capital modelling. The new version features enhanced functionality, new capabilities and upgrades for users.

 This version builds upon the benefits of v6 which featured new supercomponents that reduce model size by up to 95% when tools are becoming increasingly complex in a Solvency II world.

 Key features of v6.10 include:
 - New 64bit support means that ReMetrica easily handles even the largest scale modelling for big groups, with more simulations for more accurate modelling
 
 - More transparent and detailed reporting with a new multi-interval display to show all values at a glance rather than just the average of the last time period
 
 - Speed improvements, including HPC upgrades, to particularly support catastrophe modellers using ReMetrica for numerous trial runs when modelling reinsurance contracts based on peril and region
 
 - User definable locations for custom and super components to enable enhanced tracking and version control as required by Solvency II
 
 - New supercomponent to model loss severity for several lines of business, helping to streamline the process for multi-line portfolios
 
 - Enhanced functionality to create custom components without coding for improved ease.
  

Back to Index


Similar News to this Story

Hurricanes and earthquakes could lead to USD300bn losses
Following the long-term annual growth trend of 5–7%, global insured natural catastrophe losses may reach USD 145 billion in 2025, mainly driven by sec
FCA set to launch live AI testing service
The FCA is seeking views from firms about how its live AI testing service can help them to deploy safe and responsible AI, which will benefit UK consu
Over one third of London market firms now actively using AI
The Lloyd’s Market Association (LMA) has hosted a seminar on the use of AI within the London specialty market. The seminar referenced results from a r

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.