To offer organization-wide risk management capabilities, SAS is introducing SAS Risk Management for Insurance, a comprehensive solution for risk analysis and risk-based capital calculation.
The SAS data management and reporting platform, which includes an insurance-specific data model, helps life and property/casualty insurance companies implement the Solvency II standard model for calculating risk-based capital. The SAS Business Analytics Framework also enables insurers to support the internal model approach for risk analysis. The solution helps provide senior management with greater understanding of the company’s risk and financial condition.