Swiss Re Ag · SIX:SREN
Swiss Re — Oasis Loss Modelling Framework — Investor Presentation (June 2016)
15 slides from Swiss Re's investor presentation, June 2016
Slide 1: Oasis Loss Modelling Framework Background
Oasis Loss Modelling Framework Background June 2016
Slide 2: Agenda
Agenda • Background to Oasis • Opportunities with Oasis • Standards • Insurance Development Forum • Oasis benefits • Questions we need to address?
Slide 3: Oasis mission
Oasis mission • Improve risk assessment through better models, transparency, performance, and innovation • Provide open source software and an open framework for model and software development • Establish a commercially vibrant community of providers and users of Oasis software, models, data, and to
Slide 4: Oasis vision
Oasis vision • To be the main alternative platform for the Insurance sector and the main platform for non-Insurance catastrophe model use. • To be a focal point for community engagement and standards in the area of catastrophe modelling. • By being open and curating open source software enabling a w
Slide 5: What is Oasis? A software platform and a community
What is Oasis? A software platform and a community • A flexible plug and play framework and platform with a new front-end • Allows hazard, vulnerability and user interface specialists to easily offer their products • Gives users the choice of provider, method of integration and IT environment • Prov
Slide 6: Oasis LMF Ltd Members – 43
Oasis LMF Ltd Members – 43 ↑ • ClimateKIC • Aon Benfield • Argo • Lloyd’s • Guy Carpenter • Ark • Ascot • SCOR • Willis • Barbican • XL Catlin • Partner Re • Brit • Validus • Allianz • Canopius • Ren Re • Axis • Chaucer • TigerRisk Partners • Amlin • Hardy • Cathedral • Tokio Millennium Re/Kiln • Mi
Slide 7: Over 100 partners
KatRisk NTT DaTa Global IT Innovator NIT a WY INSIGHT Arcorrere - Gl? COLUMBIA UNIVERSITY FON ER IN THE CITY OF NEW YORK RN MCAR Gas | ImageCat < \eee7 8 a WORLDWIDE ~ARIA EQUINIX DA, a wr CATExX. {fF le Deltares Enabling Delta Life Zz JBA TECHNOLOGES: risk management National Centre for ©: Atmosphe
Slide 8: Oasis projected Model Coverage 2016
Oasis projected Model Coverage 2016 Over 70 models from 12 providers
Slide 9: Opportunities with Oasis - Standards
Opportunities with Oasis - Standards • Oasis code creates standard for model interoperability that others can’t match either technically or operationally • The World Bank have endorsed the Oasis platform for use in their projects • The Insurance Development Forum (IDF); Risk, Modelling and Mapping G
Slide 10: IDF-RMMG Mission statement
IDF-RMMG Mission statement • To increase collaboration, efficiency, and applicability in the quantification, analysis, understanding of, and communication about, natural hazards risk and associated uncertainty. • To do this by developing model and data standards and methods of interoperability and t
Slide 11: Goals of RMMG (key areas)
Goals of RMMG (key areas) • Catalogue existing capabilities, data, models and platforms and de-facto standards that might be brought to the questions at hand and assess any gaps and potential ways to fill them. • Reduce the current duplication of effort, inefficiency, variability of quality, inappli
Slide 12: Oasis benefits
Oasis benefits If… Then… UNDERSTANDING THE BENEFITS OF OASIS FUNCTIONS/ OUTCOMES IMPACTS GOAL SERVICES Improved understanding of risk allowing improved underwriting Provide an open source, transparent, standardized Commitment for more than 70 Higher catastrophe risk insurance approach for models fro
Slide 13: Questions we will need to address?
Questions we will need to address? • How much standardisation can we practically have? • Where can and should collaboration be increased? – ACORD, GEM, PERILS, Oasis, IDF ? • What more should we do on validation and transparency of models? • How many platforms do we need? • Who owns the standards? H
Slide 14: Contact details
Contact details Oasis Loss Modelling Framework Ltd. Registered Address: 20-22 Bedford Row London WC1R 4JS United Kingdom Email: [email protected] Web: www.oasislmf.org
Slide 15: Basic Copyright Notice & Disclaimer
Basic Copyright Notice & Disclaimer ©2016 This presentation is copyright protected. All rights reserved. You may download or print out a hard copy for your private or internal use. You are not permitted to create any modifications or derivatives of this presentation without the prior written permiss
Oasis Loss Modelling Framework — Investor Presentation (June 2016) on 6ix