Analytics

Aon Benfield Analytics offers clients industry-leading catastrophe management, actuarial, rating agency advisory and risk and capital strategy expertise. Whether working side-by-side with brokers on risk transfer products or engaging on broader analytic and modeling engagements, our 400+ specialists around the world consistently deliver innovation and thought leadership to clients. In placements, we quantify the effectiveness of reinsurance and help structure optimal risk transfer programs. Beyond the placement, we provide solutions for risk and concentration analysis, portfolio optimization, catastrophe modeling, pricing and cost recovery, and economic capital modeling. Aon Benfield Analytics, together with our leading broking teams, helps clients fully consider the capital, income, regulatory and rating agency implications of all risk transfer transactions.

Catastrophe Management

Effective catastrophe management is an essential component of an insurer’s risk management program. It demands a comprehensive approach to risk assessment, risk transfer and risk mitigation. Aon Benfield’s team assesses client catastrophe exposure, models loss estimates and, alongside our actuaries and brokers, designs reinsurance programs to efficiently manage net risks. In addition, we leverage that knowledge into improvements in catastrophe reinsurance cost recovery and overall portfolio optimization. Aon Benfield's Dynamic Portfolio Optimization (DPO) brings insurers to the next level of strategic exposure management. Cat Score^TM , our proprietary web-enabled location-level pricing tool, provides a real time estimate of the full cost of bearing cat risk including cost of capital and cost of reinsurance.

Actuarial

Our Actuarial team works to quantify the economic costs and benefits of any risk transfer solution we consider. The team’s work combines state of the art experience and exposure rating techniques, with informed, relevant line of business expertise and sophisticated ReMetrica® stochastic simulation models. Analyses are presented in terms of fundamental business drivers, with informative exhibits illustrating the impact of different structures on key decision variables. The team undertakes numerous custom client engagements each year, on topics ranging from predictive modeling and primary pricing, to market opportunities, enterprise risk management and capital modeling. 

Rating Agency Advisory

As business dynamics and rating agency criteria continue to evolve, clients need to stay abreast of the metrics that matter most to ratings. Aon Benfield’s Rating Agency Advisory group has substantial experience with the financial strength rating process used by A.M. Best, Standard & Poor’s, Moody’s, and Fitch. As the foremost experts in this field, we help clients develop a thorough understanding of the financial, operational, and strategic issues that influence long-term viability and financial strength ratings.

Risk & Capital Strategy

The Risk & Capital Strategy team advises clients on capital and reinsurance optimization by analyzing the links between risk, volatility, capital and value. As part of Aon Benfield Analytics, the team utilizes our full breadth of expertise in underwriting and catastrophe risk, rating agency perspectives, and M&A and capital markets, coupled with ReMetrica capital modeling software, to evaluate regulatory and economic capital. Addressing today’s evolving capital challenges, technical and actuarial aspects of capital calculations are interpreted to deliver actionable, strategic business advice.

Aon Benfield Research

Aon Benfield Research's Academic and Industry Collaboration combines our  relationships under one banner to deliver a wealth of relevant academic research material. The combination of world class academic research and Aon Benfield's industry-leading catastrophe modeling, actuarial analysis and broking expertise is helping to create a more risk aware world.

Market Analysis

Aon Benfield Analytics’ Market Analysis team supports clients through their reinsurance security selection and monitoring process. Keeping updated on the latest developments at individual company, group and market levels demands significant resources, especially in today’s challenging economic environment. At an industry level, the team produces the Aon Benfield Aggregate (‘ABA’) report series, providing a quarterly update of key reinsurance market trends, as well as biennial Lloyd’s Updates and a multitude of other briefings and research pieces. The team’s analytical output is delivered direct to subscribing clients via MarketReView®, a proprietary extranet portal designed to make researching reinsurance market information easy and efficient.

Impact Forecasting

Impact Forecasting is a catastrophe model development center of excellence. The team’s seismologists, meteorologists, hydrologists, engineers, mathematicians, GIS experts, finance, risk management and insurance professionals analyze the financial implications of natural and man-made catastrophes around the world to provide clients with a greater understanding of their risks. In addition to a full suite of standard peril models in the major geographies, Impact Forecasting focuses on developing models for specific perils and territories where no models exist or existing ones are not fully meeting client requirements. Broader modeling coverage allows clients to better quantify potential exposure and develop more effective reinsurance programs. Throughout the year, experts also provide real-time information on catastrophic events through Cat Alerts, Weekly and Monthly Cat Recaps and the Annual Global Climate and Catastrophe Report.

ImpactOnDemand

ImpactOnDemand^SM enables clients to visualize and quantify risk exposure, in addition to performing sophisticated data analysis to drive insightful business decisions. A highly innovative and versatile platform, ImpactOnDemand assists clients in global individual risk mapping, pre-binding underwriting analysis, risk-driver analysis, claims planning and preparedness, post-catastrophe analysis, identifying exposure accumulations around terrorist targets, and a host of other functions.

ReMetrica

ReMetrica® is Aon Benfield’s award winning dynamic financial analysis capital modeling software. It is currently used by many of the world’s leading insurance, reinsurance and actuarial consulting firms. ReMetrica software is developed and supported by a team of experts including actuaries, mathematicians and software developers. Stochastic and scenario-based capabilities enable the evaluation of the whole spectrum of risk financing – at the business unit, line of business, company, or group level. Using ReMetrica, clients can quickly build realistic and transparent risk models for any specific business need by combining an extensive library of pre-developed components with Aon Benfield’s comprehensive insurance risk parameterization research.

Annuity Solutions Group

Aon Benfield’s Annuity Solutions Group provides clients with variable annuity risk management and trading consulting, high performance computing solutions and investment advisory services. Pathwise^TM, a proprietary Aon Benfield software solution, is among the fastest, most flexible and powerful variable annuity platforms available today. The Annuity Solutions Group is new in the marketplace but it has already transformed expectations about what is possible for a variable annuity hedging, by delivering vastly increased speeds and flexibility improvements over existing platforms, and by providing unmatched investment advisory and consulting services to an international client base.

PathWise and all other securities-related advice, products and services of Aon Benfield are offered and distributed solely through Aon Benfield’s affiliate, Aon Benfield Securities, Inc. which is a member of the Financial Industry Regulatory Authority, and is registered as both a broker-dealer and investment adviser with the Securities and Exchange Commission. Aon Benfield Securities, Inc. is a wholly-owned subsidiary of Aon Corporation.