P&C Economic Scenario Generator
Economic and asset risk modeling solutions for P&C insurers
Barrie & Hibbert’s P&C ESG has been specifically developed to meet the market risk analysis needs of multi-asset investors
with complex liabilities such as P&C insurers. By having the core economic variables that affect your assets and liabilities to
hand, you can for the very first time take a holistic approach to realistically managing your market risk, making your business
more competitive and profitable than those that view market risk in isolation. It can be used for asset portfolio risk management
or as part of your organisation’s internal capital model.
Integrated modeling of asset returns and economic scenarios
The P&C ESG allows you to project
asset returns alongside the
economic scenarios which impact
your liabilities.
The P&C ESG is powered by Barrie & Hibbert’s award winning Economic Scenario
Generator (ESG), which is used by insurance companies and other buy-side investors
around the world to project a large number of forward-looking scenarios for a wide
range of economic and financial market risk factors. The platform is capable of running
huge numbers of simulations across multiple economies and asset classes. For very large
scale problems, grid processing is supported.
The widest spectrum of fixed
income, equity and alternative
asset classes, including derivative
overlays, to deal with the specific
risk management needs of P&C
insurers.
Expert judgement embedded in models
■ Forward looking: not just another VaR model Our economic and asset model
calibrations make use of the skill and judgement of our economists and financial
market experts, together with external forecasts and market data. This gives you a
forward-looking set of scenarios designed to reflect the risks of the future, as well
as the past. Barrie & Hibbert calibrations can be provided optimized for either
short-term projections (for one year capital models, for example) or longer-term
projections (for run-off type models).
Global coverage across all major
economies—our models are
calibrated across an unrivalled set
of 29 economies including
emerging markets.
■ Stress tests and customizable views All the ESG model parameters can be
viewed and edited by the end user, and our calibration tools enable you to stress
test the model tails, or to align the central model forecast to your own views.
American Academy of Actuaries Actuarial Software Now 17
For further information contact Barrie & Hibbert on (212) 520-6630; email: northamericabarrhibb.com; website: www.barrhibb.com
