With Hurricane Andrew in 1992 as the catalyst, the insurance industry has moved away from historic measurement tools, such as market share, to embrace sophisticated computer catastrophe simulation models. These models help companies understand their catastrophe loss potential based on their current exposure levels, rather than relying on limited historical experience as an indicator of future catastrophe losses.
Member companies of Gen Re have licensing agreements with the two preeminent worldwide catastrophe modeling organizations, Risk Management Solutions (RMS) and Applied Insurance Research (AIR). With the aid of these catastrophe modeling tools, we are able to provide state-of-the-art resources to help our clients better understand and manage their catastrophe exposures.
To get more information about Catastrophe Modeling, call one of the following people: Anthony Sammur 203 328 6213, Barbara Bria 203 328 5561, Ray Mc Hugh 617 728 3868 or Ken Wokanovicz 203 328 6116; or e-mail us at .