Is PillarOne.RiskAnalytics able to model catastrophy risk?
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PillarOne.RiskAnalytics can use the full RMS (or other cat model provider) information to model reinsurance. RiskAnalytics has a different possibilities to access data from other data sources such as an RMS-database. The preferred method is to use RMI (remote method invocation).
By attaching different properties to claims (annual aggregate, event aggregate, single claim) and tracking them as the claims are processed by the different reinsurance contracts, we can not only model highly complex reinsurance programs, but also properly determine which part of a cat claim has been covered by which contract.
