Moody’s Analytics, a leader in risk measurement and management, today announced the addition of the B&H Economic Capital Calculator to Moody’s Analytics Capital Modelling Framework. A Monte Carlo based aggregator, the B&H Economic Capital Calculator helps life insurers to process large data volumes associated with capital modelling.
Moody’s Analytics developed the solution using enterprise technology to help users meet the high performance requirements for economic capital calculations. The solution also helps insurers to create enhanced audit trails in support of regulatory reporting.
“Implementation of global solvency regulations continues to be a key business priority for insurance companies,” said Andy Frepp, Managing Director of Moody’s Analytics Insurance Solutions. “Moody’s Analytics has responded to the need for intuitive economic capital modelling by creating a cutting edge Monte Carlo solution that allows management to embed capital metrics into day-to-day operations.”
The B&H Economic Capital Calculator has been designed to reduce implementation costs and can be fully integrated within existing production processes. This is particularly important for employing what-if analysis in support of informed business decision-making.
When the B&H Economic Capital Calculator is used in conjunction with B&H Risk Scenario Generator and B&H Proxy Generator, Moody’s Analytics Capital Modelling Frameworkprovides an end-to-end capital modelling solution that can be used to meet regulatory requirements or internal management purposes. Together, these solutions will help insurers use risk based metrics to better manage their capital position and how it might evolve.