Case Study: Validus Reinsurance, Ltd. achieves greater confidence in risk and capital decisions with Revolution Analytics

Validus Re Uses Revolution R Enterprise for Risk Management

Validus Reinsurance, Ltd. needed a better way to combine data from multiple applications and third-party sources to build economic capital models and manage reinsurance risk, pricing, and reserving decisions. Its actuarial team faced complex uncertainty, limited historical data, and the challenge of correlating worldwide risk factors more accurately than Excel or closed “black box” tools could allow.

Using Revolution Analytics’ Revolution R Enterprise, Validus Reinsurance, Ltd. built custom, high-performance correlation and simulation models that could handle large datasets and run thousands of simulations quickly. With Revolution Analytics, the company improved model accuracy, gained greater confidence in risk and capital reserving decisions, and even used R outputs to test and reconcile results from its production system, helping identify logic and data issues.

Validus Reinsurance, Ltd.