Welcome to the latest edition of our Getting The Most Out Of AXISTM newsletter, where we further explore this platform and its myriad uses, capabilities, and features. In this volume, we delve into the Super Dataset functionality as an alternative to model merges. This novel functionality allows users to manage and utilize large volumes of data efficiently, including modeling complex reinsurance agreements such as financial reinsurance transactions. We also provide some helpful tips and tricks to enhance your utilization of the AXIS modeling platform.
Whether you’re an insurance company executive or technical modeling staff, our insights will help you get the most out of AXIS and leverage its key functionalities.
Super Datasets make model consolidation easier
Consolidating various models, particularly in the context of ALM runs, has been a common challenge for AXIS users. Super Datasets can provide some relief through specialized functionality aimed at producing consolidated output from a network of underlying AXIS liability models, without the need to merge into a single Dataset. Super Datasets is defined within EnterpriseLink as a group of version-controlled Datasets. Our newsletter highlights both the benefits provided from using Super Datasets as well as key considerations for organizations when determining if they can fully leverage this functionality.
AXIS supports complex financial reinsurance treaty modeling
Through collaboration between Oliver Wyman consultants and Moody’s Analytics’ development and support teams, AXIS has evolved over the years to be able to support the modeling of complex financial reinsurance treaties. This newsletter provides an overview of reinsurance modeling functionality in the Annuity Module, including reviewing the basics of annuity reinsurance modeling, defining reinsurance treaty and terms, the advantages and shortcomings of each reinsurance method, and Reinsurance Experience Adjustments.
Summary of new developments in AXIS
The What’s New in AXIS? section highlights the latest updates and enhancements to the software including new features added to recent AXIS releases such as the interim value adjustment formula table for EIA by replicate portfolio, and a new table section, Interest (CARVM-dir/ced) [Composite] available in the Interest assumption for CARVM.
Download the latest edition of our newsletter to get the most out of AXIS for your organization.