Reinsurance Counterparty Risk Monitoring demo
Every reinsurer on the panel watched for ratings, collateral and status changes. 1:14
What the demo shows
A counterparty risk solution that watches reinsurer ratings, collateral and letters of credit.
Six agents read rating actions, trade news, bank notices, trust statements and the recoverables ledger every night and rank the whole panel on one watchlist, with a collateral gauge and a letter-of-credit timeline for each reinsurer. The news reader raises a rating-at-risk alert from a reserve charge or a strategic review before any agency acts. The credit controller decides; the security committee approves the list.
Transcript
- Reinsurance Counterparty Risk Monitoring watches reinsure ratings, collateral and letters of credit.
- Today, that lives in spreadsheets, so a lapsing letter of credit is found late.
- Each night, six agents read ratings, news, bank notices and recoverables.
- A bank will not extend Corvain-Ree's $18.5 million letter of credit.
- It ends in 18 days, and Corvain climbs from 7th to the top.
- The newsreader flags a reserve charge, rating at risk before any agency acts.
- Without it, collateral falls to 58%, an $18 million charge.
- Rosa sets the plan.
- A replacement by the 23rd or a draw on the 27th.
- Downgrades and shortfalls seem the day they happen.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.