RMS provides model review for multi-peril securitization Valais Re

Share

Risk Management Solutions has just issued a press release announcing that they performed a review of the risk analysis processes used for the recent Valais Re deal from Flagstone Reinsurance Ltd.

Flagstone’s underwriting and risk modeling processes use a wide set of the RMS models, accompanied by an extremely high proportion of detailed data to best analyze their exposures. RMS concluded that the methodology and assumptions employed would provide a reasonable and prudent representation of the underlying risks inherent in the transaction.

“While a third party could remodel a smaller indemnity transaction, it would be impractical for a modeling firm to reanalyze a portfolio with hundreds of cedants, particularly given the typical time constraints on cat bond deals”, said Peter Nakada, managing director at RMS Consulting.

He added: “This transaction demonstrates the value that can be added by assessing a reinsurer’s own modeling, and we are pleased to continue reviewing these deals as the market for them evolves.”

Details of the Valais Re deal can be found in our Deal Directory.

Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.