How do I manage my reinsurance portfolios against established risk tolerances?
Building a robust forward-looking view of risk to manage cyber risk portfolio accumulations and set risk tolerance thresholds is a complex and resource-intensive task in any insurance organization. This is only exacerbated for reinsurers. Managing catastrophe accumulations and reinsurance portfolio risk tolerance thresholds are complicated by uncertainty about cyber accumulations and identifying significant loss drivers in the tail of modeled loss distributions. As these decisions are made and tolerances managed against, they also need to be communicated to other senior-level stakeholders. How can reinsurance portfolio managers create informative and distinctive management reports?
CyberCube’s Portfolio Manager is a scenario-based data-driven model that enables enterprise risk managers in reinsurance organizations to analyze and communicate key messages on cyber exposures to both their senior leadership and their working teams. Probabilistic analyses can be run in a matter of seconds allowing for quick access to results and the ability to efficiently rerun using different assumptions and parameters.
Quickly access visualizations on exceedance probability metrics to include in management information materials. Dive into more granular details by scenario, risk class, and account level statistics. Educate stakeholders on the exposures, loss drivers and overall portfolio tail risk.