TAI, the US market leader of life reinsurance software solutions releases prevailing data extract tool, CONNECTOR.
Part II – The Reinsurer
In Part I of the blog ‘A Quest for Data Quality’, we explored what Solvency II has to do with data quality, and the importance of looking upstream to your reinsurance system - Part 1. In Part II of this series, let’s consider how the Reinsurer fits within the Solvency II framework.
In a nutshell, Solvency II is about modeling risk, managing risk in a well-governed way, and disclosing risk to external stakeholders.
Reinsurance is one of the main tools available to an insurer to actively manage its risk. But it begs the question: To reinsure or not to reinsure?