MSB, a provider of property intelligence data and analysis, hasannounced its ReAlign solution now is available to reinsurers toenhance their underwriting and pricing workflow.
|ReAlign combines researched and scored industry propertydatabases with proprietary statistical methodologies to measureaccurately the level of under/over-valuation present in aportfolio.
|"When applied to a cedent submission, ReAlign's data outputallows reinsurers to make the proper exposure adjustments whenmodeling catastrophe risk," says Steve Brewer, vice president ofstrategic initiatives at MSB. "The result enables better riskselection and pricing segmentation."
|XL Re, the global reinsurance operations of XL Capital Ltd, hasbecome the first reinsurer to implement ReAlign. XL Re began usingReAlign in May to assess accurately insurance to value across itscedents' books of business for Florida renewals.
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