Guy Carp unveils updated solution

Broker Guy Carpenter has unveiled the launch of the latest version to its reserve risk modelling solution.

MetaRisk Reserve 4.5 enables clients to capture historical economic trends, using a generalised linear model to estimate a year’s worth of reserve risk.

It also comes installed with a unique predictive model for calculating Solvency II and ORSA issues.

Steve White, chief actuary and head of enterprise analytics for Guy Carpenter, said: “MetaRisk Reserve 4.5 gives clients the capability to address company-wide capital requirements by modelling a firm’s entire reserve risk portfolio. This new release reinforces Guy Carpenter’s commitment to helping our clients with Solvency II and ORSA reporting requirements.

“MetaRisk Reserve 4.5 also demonstrates Guy Carpenter’s continued expertise in developing state-of-the-art economic capital modelling solutions, which enables insurers of all types and sizes to more effectively assess key risks, benchmark risk profiles, allocate capital, meet regulatory and rating agency requirements and strategise for the future.”