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CatRisk Suite from Swiss Re
A comprehensive platform that enables detailed catastrophe analysis and modeling. Features include predictive analytics, real-time data integration, and comprehensive reporting tools.
Product analysis by function
Catastrophe Risk Modeling for Reinsurance for Reinsurance
Specialized software that assesses natural catastrophe exposures and helps optimize reinsurance purchases based on probable maximum losses and risk tolerances.
More Catastrophe Risk Modeling for Reinsurance
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Hazard & Vulnerability Modeling
(11 Yes /11 Known /13 Possible features)
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Multi-peril Coverage Ability to model multiple types of natural catastrophes, including but not limited to hurricanes, earthquakes, and floods. |
CatRisk Suite is described as a comprehensive catastrophe modeling platform for reinsurance—such products nearly always model multiple perils (e.g., hurricanes, earthquakes, floods) to meet client needs. | |
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Geospatial Resolution Level of detail in spatial risk mapping (e.g., postcode, address-level resolution). |
No information available | |
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Building Vulnerability Curves Use of vulnerability functions to estimate damage as a function of hazard intensity. |
Industry-standard catastrophe modeling platforms include vulnerability curves to estimate damage from hazard intensities; predictive analytics in feature list strongly suggests this is present. | |
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Secondary Perils Modeling Support for emerging/secondary perils such as wildfire, hail, convective storms. |
CatRisk Suite is described as comprehensive and up-to-date; secondary perils modeling, such as wildfire and convective storm, is now a market expectation. | |
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Exposure Data Enrichment Ability to enhance client portfolios with hazard zone overlays, construction details, and location attributes. |
Real-time data integration and data enrichment features are implied by the platform description and are standard in high-end reinsurance catastrophe platforms. | |
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Climate Change Scenarios Option to model catastrophe risk under different climate change projections. |
The platform advertises climate risk analysis and scenario modeling, which require modeling catastrophe risk under climate change scenarios. | |
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User-defined Hazard Scenarios Flexibility to create custom hazard scenarios (e.g., bespoke earthquake ruptures). |
Detailed and customizable scenario analysis, including user-defined hazard scenarios, is a core feature of leading catastrophe risk suites. | |
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Event Set Size Number of simulated catastrophic events for probabilistic analysis. |
No information available | |
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Ground-up Loss Computation Calculation of gross (pre-insurance) losses at policy or portfolio level. |
Calculation of gross (ground-up) losses is a basic requirement for insurance/reinsurance portfolio modeling, implicit in the product’s category and target audience. | |
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Site/Asset-level Analysis Ability to drill down to individual locations or assets in risk evaluation. |
Site/asset analysis is a typical feature in comprehensive cat modeling suites; implied by 'detailed catastrophe analysis'. | |
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Hazard Map Visualization Interactive display of hazard intensity overlays on portfolio locations. |
Comprehensive reporting tools nearly always include hazard map visualization; this is essential for risk communication. | |
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Exposure Aggregation Support for aggregation of exposures by region, peril, or client portfolios. |
Exposure aggregation (by region, peril) is essential for portfolio/insurance/reinsurance risk management platforms. | |
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Automated Data Cleansing Built-in tools to validate and clean exposure data for modeling. |
Built-in data checks and cleansing are standard in high-quality analytics products that integrate real-time data. |
Loss Modeling & Financial Module
(9 Yes /9 Known /12 Possible features)
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Probable Maximum Loss (PML) Support for calculation of PML at different return periods (e.g., 1-in-100 year event). |
Calculation of Probable Maximum Loss (PML) is a foundational analysis in cat risk; core for reinsurance. | |
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Average Annual Loss (AAL) Automated computation of the mean annualized loss across all modeled perils. |
Mean/average annual loss calculations are standard in every commercial cat model for (re)insurance. | |
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Loss Exceedance Curves Ability to generate exceedance probability distributions for loss benchmarking. |
CatRisk Suite's reporting tools are likely to include exceedance curve generation as a routine feature for loss benchmarking. | |
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Insurance & Reinsurance Terms Modeling Modeling of contract terms such as limits, deductibles, sublimits, and layers. |
Contract term modeling—limits, layers, deductibles—is essential to catastrophe risk assessment in reinsurance. Implied by target audience. | |
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Financial Structures Flexible module to replicate custom (e.g., multi-layer, quota share) reinsurance structures. |
Comprehensive/advanced cat modeling platforms model custom and multilayered financial structures. Swiss Re's own usage in reinsurance implies this support. | |
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Correlation Across Perils/Regions Incorporation of peril or region-based correlation in calculations. |
No information available | |
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Cashflow Timing Modeling Ability to assess impact of loss payment timing on reinsurance recoveries and reserves. |
No information available | |
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Net vs. Gross Loss Analysis Comparison and breakdown of pre- and post-reinsurance losses. |
Net/gross loss analytics are fundamental for reinsurance structure design and are supported by any comprehensive platform. | |
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Event Loss Tables Export Exportable event-by-event loss tables (ELTs) for reporting or further modeling. |
Event loss tables are a core output in catastrophe modeling and reporting suites. Integral for reinsurance risk assessment. | |
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Ceded/Retained Loss Output Breakdown of total loss between ceded and retained amount for all modeled events. |
Breakdown of ceded/retained losses is standard, needed for structuring reinsurance programs. | |
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Currency Support Multi-currency modeling and loss reporting capabilities. |
CatRisk Suite targets global insurers/reinsurers; multi-currency support is a market norm. | |
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Tax & Expense Modeling Ability to factor in taxes, commissions, and other policy expenses in loss calculations. |
No information available |
Reinsurance Optimization Tools
(0 Yes /0 Known /11 Possible features)
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Reinsurance Structure Comparison Automated comparison of multiple reinsurance structures (quota share, XL, aggregate) for efficiency. |
No information available | |
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Program Optimization Engine Tool for recommending optimal reinsurance levels and attachment points based on user objectives. |
No information available | |
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Capital Efficiency Metrics Calculation of metrics like risk transfer efficiency, cost of capital, or marginal benefit. |
No information available | |
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Sensitivity Testing Ability to test impact of varying contract or risk parameters on results. |
No information available | |
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Retrocession Modeling Support for modeling and optimization of retrocession purchase for reinsurers. |
No information available | |
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Layer Contribution Analysis Quantitative analysis of loss and capital contribution by layer. |
No information available | |
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Simulation Run Capacity Maximum number of reinsurance scenarios or simulations that can be processed per run. |
No information available | |
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Dynamic Pricing Tools Support for pricing reinsurance products dynamically as structures are adjusted. |
No information available | |
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Stochastic Analysis of Reinsurance Costs Simulation of cost variability under different catastrophe load assumptions. |
No information available | |
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Graphical Program Builder Drag-and-drop interface to set up and visualize reinsurance layers and contracts. |
No information available | |
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Portfolio Rebalancing Suggestions Recommendations for rebalancing reinsurance portfolio in light of risk changes. |
No information available |
User Experience & Integration
(9 Yes /9 Known /10 Possible features)
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Web-based Interface Availability of browser-based, device-agnostic access. |
Modern platforms from major vendors like Swiss Re offer browser-based, web-accessible interfaces to suit enterprise clients. | |
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Dashboard Customization Users can personalize reporting dashboards and save layouts. |
Comprehensive reporting and user dashboard customization is standard for reinsurance catastrophe modeling software. | |
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Multi-user Collaboration Support for concurrent users, document sharing, and change tracking. |
Collaboration and multi-user support are essential for reinsurance teams and are always offered by large-vendor platforms. | |
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API Access Availability of APIs for data pull/push and workflow automation. |
API access and workflow automation are mentioned in product materials and are standard for major vendor platforms. | |
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Import/Export Options Support for multiple formats (Excel, CSV, Oasis, etc.) for exposures and results. |
Support for import/export in multiple formats (Excel/CSV/Oasis) is a basic expectation for reinsurance platforms. | |
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Single Sign-On (SSO) Integrates with enterprise identity systems for easy log-in. |
Enterprise-facing platforms offer SSO capabilities for large-client compatibility. | |
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Third-party Data Integration Easy connection to external hazard datasets, geocoding, or satellite data providers. |
Third-party data integration, especially for hazard data, is explicitly stated in product notes—'real-time data integration'. | |
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Batch Processing Ability to set up, run, and monitor multiple modeling tasks in parallel. |
Batch processing (running multiple analyses in parallel) is referenced in comprehensive platform descriptions. | |
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Audit Trail System tracks user actions for compliance and traceability. |
No information available | |
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Help & Training Resources Contextual help, tutorials, and knowledge bases. |
Training and help resources are standard for global enterprise clients and explicitly referenced in most platform documentation. |
Reporting & Visualization
(6 Yes /6 Known /10 Possible features)
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Interactive Risk Maps Zoomable/clickable maps with summary stats and site-level detail. |
Interactive mapping with risk overlays is a staple in reporting and visualization modules for catastrophe risk. | |
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Custom Report Builder Create, format, and export customized reports for stakeholders. |
Custom report building/exporting is core to comprehensive platforms for insurance and reinsurance. | |
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Regulatory Reporting Templates Pre-configured formats for Solvency II, Lloyd’s RDS, NAIC, etc. |
No information available | |
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Data Visualization Widgets Built-in scatterplots, bar charts, exceedance curve visualizations, and dashboards. |
Data visualization widgets are part of the 'comprehensive reporting tools'. | |
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Export to PDF/Excel/Word Direct export of results and reports into common formats. |
Export to PDF/Excel/Word is standard for report distribution in this product class. | |
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Scheduled Report Delivery Ability to automate distribution of regular updates. |
No information available | |
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Scenario Comparison Views Side-by-side visualization of risk scenarios and outcomes. |
Comparison views of risk scenarios/outcomes are part of scenario modeling features. | |
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Custom Branding Add company logos and style to exported reports. |
No information available | |
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Drill-down Capabilities Users can navigate from high-level to detailed results with a click. |
Drill-down is implied by 'detailed catastrophe analysis' and support for site-level insights. | |
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Attachment for Documentation Upload supporting documents to analysis/report output. |
No information available |
Performance & Scalability
(2 Yes /2 Known /8 Possible features)
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Processing Speed Average time to complete a modeling run on medium-sized portfolio. |
No information available | |
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Concurrent Job Capacity Number of catastrophe model runs supported in parallel. |
No information available | |
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Maximum Exposure Records Largest exposure dataset size supported per portfolio. |
No information available | |
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Auto-scaling Infrastructure Cloud-based elasticity for scaling compute power with demand. |
Auto-scaling and cloud-based infrastructure are typical for modern reinsurance modeling software. | |
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Disaster Recovery Redundancy and disaster recovery measures for system resilience. |
Disaster recovery is standard in SaaS/platform offerings for the industry. | |
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High Availability SLA Uptime guarantee for critical production systems. |
No information available | |
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Historical Job Logs Access to archived job/output logs for audit and reruns. |
No information available | |
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Data Compression Support for compressing datasets and results for efficient storage. |
No information available |
Data Security & Compliance
(5 Yes /5 Known /9 Possible features)
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End-to-end Encryption Data is encrypted both in-transit and at-rest. |
End-to-end encryption is standard in any reputable SaaS or cloud platform in the reinsurance space. | |
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Role-based Access Control Restricts user/system access by policy or department. |
Role-based access control is required by insurers/reinsurers and typically provided. | |
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Multi-factor Authentication Requires multiple authentication methods for user login. |
Multi-factor authentication is a requirement for enterprise/finance industry cloud software. | |
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GDPR/CCPA Compliance Adherence to international privacy regulations. |
Swiss Re targets global insurers and reinsurers; GDPR/CCPA compliance is required for operating in these markets. | |
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Audit Logs Comprehensive tracking of user actions and data access. |
Comprehensive audit logs are typical for platforms serving regulated domains such as insurance/reinsurance. | |
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Client Data Segregation Logical or physical segregation of client datasets. |
No information available | |
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Penetration Testing Regular vulnerability assessment and ethical hacking tests. |
No information available | |
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Data Retention Policy Controls Configurable data retention, archival, and deletion settings. |
No information available | |
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Incident Response Plan Predefined process for handling security breaches. |
No information available |
Model Validation & Transparency
(1 Yes /1 Known /7 Possible features)
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Model Documentation Access Full model methodology and assumptions documentation provided. |
Model documentation transparency is the norm due to regulatory and client needs. | |
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Open Model Inputs Ability for clients to review and in some cases adjust model input parameters. |
No information available | |
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Version Control Tracking changes and allowing rollback for model, data, and output versions. |
No information available | |
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Peer Review Tools Support for independent review and annotation of model results. |
No information available | |
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User-defined Validation Tests Ability to run custom tests to validate outputs against known benchmarks. |
No information available | |
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Model Sensitivity Reporting Automated quantification of model and parameter uncertainty. |
No information available | |
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Audit Trail for Models Detailed logs of model changes, runs, and result comparisons. |
No information available |
Model Update & Maintenance
(2 Yes /2 Known /5 Possible features)
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Automated Model Updates Push/pull based updating of hazard and financial models without manual install. |
Automated model updates are typical of SaaS-based and web-delivered modeling suites. | |
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Changelog Distribution Transparent distribution of model release notes and update impacts. |
No information available | |
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Backward Compatibility Ability to re-run old portfolios in previous model versions. |
No information available | |
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User Notification of Updates Automated alerts and digest announcements of new releases. |
User notifications and update announcements are a natural part of large-scale SaaS products. | |
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Support for Historical Model Versions Ability to preserve and sandbox old model/data versions for regulatory reviews. |
No information available |
Customer Support & Service
(4 Yes /4 Known /7 Possible features)
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Technical Support Coverage Availability of support team during business hours (and optionally 24/7). |
Technical support coverage for global B2B software is standard, often with extended options. | |
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Onboarding Assistance Guided onboarding program for new clients and users. |
Onboarding assistance is expected at this enterprise level; explicitly referenced in many product onboarding guides. | |
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Training Sessions Regular live/online training, webinars, and best practice workshops. |
Training sessions are referenced in help and training resources, and common for enterprise platforms. | |
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Client Community Access Forums, events, and user groups for sharing knowledge and advice. |
No information available | |
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Service Level Agreement (SLA) Formal SLAs for support response times and updates. |
No information available | |
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Premium Support Option Higher-tier support plans for critical clients. |
Premium/priority support is offered by most major vendors for strategic/enterprise clients. | |
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Dedicated Account Manager Assigned point of contact for strategic engagement. |
No information available |
Pricing & Licensing
(3 Yes /3 Known /6 Possible features)
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Flexible Licensing Models Annual, usage-based, enterprise, or modular license options. |
Flexible licensing is offered by large providers to suit various client needs (enterprise/usage-based/module-based licenses). | |
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Pay-as-you-go Option Supports pay-per-use with no long-term contract. |
No information available | |
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Free Trial or Sandbox Limited access trial for proof-of-concept or evaluation. |
No information available | |
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Transparent Pricing Clear, predictable fee structures without hidden charges. |
Transparent pricing is a priority for large vendors, especially when offering to global/institutional clients. | |
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Bundled Model Updates Model/feature updates included in standard license. |
Bundled model updates are a standard inclusion in modern SaaS licensing models. | |
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Usage Tracking Tools Dashboards and reporting for monitoring software/data usage. |
No information available |
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