Company Loss File Analysis

Before You Begin

In this use case, Safety Insurance has provided you with a company loss file (CLF). You must:

  • Determine whether you have the capacity to reinsure the book of business.

  • Design a reinsurance program to mitigate your potential losses.

Tip:

You can generate a CLF in Portfolio Mode from high-resolution (location-level) exposure data.

Procedure

In this scenario, you might take the following high-level steps:

  1. Create the Safety Insurance company.
  2. Import the CLF that the company provided.
  3. Create multiple reinsurance programs for comparison. On the Program Options tab, specify the CLF you imported.
  4. For each reinsurance program, run a loss analysis on the CLF.
  5. Review the results of the analyses to determine the program that best mitigates your potential losses.

    • The quality of the analysis depends on the quality of the exposure data used to generate the CLF.

    • CLFs are peril-specific.