Our Capabilities
Holborn is well prepared to assist our clients with their challenges in catastrophe risk management.
Once client data is received it is reviewed in detail by our modeling team and "scrubbed". We make sure we understand what information we have to work with and that it is as accurate as possible. Then the data is prepared for input into our models.
~ Gloria LaGrua
Vendor Models Licensed
WORLDCATenterprise
(EQECAT)
 Uses high resolution stochastic
event sets. A “high definition”
financial model using 150,000
years of dynamic simulations for
more accurate results.
RISKLINK
(RMS)
Pioneered the development of
catastrophe models in the late 1980s,
focusing on event-specific probabilistic
modeling to quantify risk for individual
locations and for portfolios of
aggregate risk.
Data and Results
What goes in determines what comes out
The amount of detailed client data we have to work with
will enable us to provide more accurate analyses. We
would like to see….
| Policy # |
|
|
| Street address |
City, State, Zip code |
County |
| Construction class |
Occupancy type |
Year built |
| # of stories |
# of bldgs |
|
| Values per location for each coverage type |
|
| Deductible |
|
|
| Premium information. |
|
|
Data Formats
Excel files
Text files
Access Databases
Examples: \\Nycfs\corpdata\Actuarial\ACUITY\Com
m_Tornado.txt
Data and Results
We can provide an analysis of a client’s portfolio virtually
any way they like. Examples include:
Average Annual Loss and/or Exposure by Zip code, by state, by
line of business, by policy, by peril
Largest events
Largest policy losses
Counties/States contributing most to the loss figures
Various return periods…1 in 10, 50, 100, 250, 500, 1000
years...expected loss
Summary of sites with significant PML drivers
Limit profiles, deductible profiles, LOB profiles
Data comparisons from year to year
EP curves
“What-if” scenarios
DLM & ALM
ALM – Aggregate Loss Module
Faster analysis using industry average
assumption w/o policy, loc or coverage
specific details.
DLM – Detailed Loss Module
More accurate
Uses detailed data reflecting unique
characteristics of the portfolio
Create Accnt & Loc tables
Using Excel or Access, or both, create
two tables with required fields.
U:\MyPublic\Modeling Presentation
2_2005\Loc_Accnt setup Sample.xls
What is Unicede?
\\Nycfs\corpdata\UNICEDE\UNicede04\
UniQABCDUSAA.txt
Unicede 2 files include multiple lines of
business and perils, values per
coverage type if available, premium
rates, # of risks and average
deductible.
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