Portfolio Accumulation In WORLDCATenterprise™

During the course of performing probabilistic analyses in the WORLDCATenterprise™ (WCe) catastrophic event modeling program, it may be advantageous or necessary to perform the analyses on a number of portfolios separately to obtain the damage and losses for the individual Primary or Reinsurance portfolios and then accumulate these in a number of different combinations to obtain the total damage and loss results combined on a correlated basis. The individual portfolios may represent different perils, different States or regions, different companies or different business units within the organization, and/or different lines of business. The Accumulation Portfolio available within WCe is ideally suited for this task and also permits the user to apply a wide range of treaty types into a treaty structure ranging from simple to complex for the purpose of evaluating the effectiveness of the treaties in providing the desired protection should a significant event occur.

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