To offer organization-wide risk management capabilities, SAS isintroducing SAS Risk Management for Insurance, a comprehensivesolution for risk analysis and risk-based capital calculation.

The SAS data management and reporting platform, which includesan insurance-specific data model, helps life and property/casualtyinsurance companies implement the Solvency II standard model forcalculating risk-based capital. The SAS Business AnalyticsFramework also enables insurers to support the internal modelapproach for risk analysis. The solution helps provide seniormanagement with greater understanding of the company's risk andfinancial condition.

SAS Risk Management for Insurance helps insurers understand theimpact of economic factors on the balance sheet. It stress-test'sthe insurer's assets and liabilities from sudden, dramatic changesin market conditions. SAS also helps lower total cost of ownershipwith a single, extendible solution that provides comprehensivefeatures and can integrate easily with third-party risksoftware.

"The financial crisis and the Solvency II regulations taughtinsurers that complex risk management requires more advanced,integrated, and scalable solutions," says Stuart Rose, SAS globalinsurance industry marketing manager. "SAS Risk Management forInsurance supports the evolving risk requirements of insurers todayand in the future."