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Lines of Business

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WORK IN PROGRESS: This manual contains descriptions needed by users and developers.

1. Example Lob

Example Lob is a composed component containing segmented underwriting information, an attritional and single claims generator and a reinsurance program with three contracts in a fixed order.

This component is used in the Capital Eagle model for the mtpl, motor hull and personal accident lines of business.

  • Underwriting information
  • Claims generators
  • Sum insured allocator
  • Reinsurance program

2. Property Lob

Property Lob is a composed component containing segmented underwriting information, different claims generators, and a reinsurance program with three contracts in a fixed order.

This component is used in the Capital Eagle model for the property line of business. The difference between this component and the example line of business are the additional event claims generators for the perils earthquake, storm and flood.

  • Underwriting information
  • Claims generators
  • Sum insured allocator
  • Reinsurance program

3. Minimal Line of Business

Minimal Line of Business ss a composed component containing underwriting information and an attritional and single claims generator.

Compared with other lines of business, this component doesn't contain any reinsurance contracts. This component may be of use in a model with a global/ multiline reinsurance program.

  • Underwriting information
  • Claims generators
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