Great disaster insurance loss redistribution module and method for realizing loss redistribution

Abstract

The invention mainly relates to a giant disaster insurance loss redistribution module and a method for realizing loss redistribution, and the method comprises the steps: firstly, creating a plurality of risk source nodes participating in merging and a first contract node of a plurality of to-be-associated risk source nodes participating in merging; creating at least one split component and associating the split component with the at least one first contract node, wherein the split component is configured to define risk source nodes participating in merging and split risk destination nodes; associating each split risk destination node with a second contract node associated with a certain risk source node or some risk source nodes. On the basis, the invention also provides a method for realizing the redistribution of the huge disaster insurance loss in the reinsurance service based on the huge disaster insurance loss redistribution module. According to the method, the function of merging loss results of a plurality of risks can be realized, and the function of redistributing the mixed loss of the huge disaster insurance can also be realized.

Description

technical field

[0001] The invention relates to the field of reinsurance business, in particular to a catastrophe insurance loss redistribution module and a method for realizing loss redistribution. Background technique

[0002] When the reinsurance company underwrites the risks of the primary insurance company, it generally provides specific contract terms for the risks ceded by the primary insurance company. Therefore, each catastrophe underwriting business in reinsurance business is generally composed of catastrophe risk and underwriting contract. The risks accepted by this business have different sources and forms. The risk (Risk) in the business can be given in the form of an event model (ELT), or an event occurrence table (YLT) can be further generated on the basis of the event model. All event information is recorded in the form of an array, and the data at the corresponding position of each array forms a piece of YLT data, which records in detail the loss value caus...

Examples

Embodiment Construction

[0025] Some implementations involve figure 1 The catastrophe insurance loss redistribution module of , the creation method of this type of module includes the following steps:

[0026] Create a number of risk source nodes participating in the merger and a number of first contract nodes to be associated with the risk source nodes participating in the merger;

[0027] At least one split component is created and associated with at least one first contract node, the split component being configured to:

[0028] Define the risk source nodes participating in the merger and the risk destination nodes after splitting;

[0029] Each split risk destination node is associated with a second contract node associated with a certain risk source node or certain risk source nodes.

[0030] Wherein, the term "module" generally includes any collection of executable codes and data that can be loaded into memory and run, and may be a component of large program instructions, and may include compo...

technical field

[0001] The invention relates to the field of reinsurance business, in particular to a catastrophe insurance loss redistribution module and a method for realizing loss redistribution. Background technique

[0002] When the reinsurance company underwrites the risks of the primary insurance company, it generally provides specific contract terms for the risks ceded by the primary insurance company. Therefore, each catastrophe underwriting business in reinsurance business is generally composed of catastrophe risk and underwriting contract. The risks accepted by this business have different sources and forms. The risk (Risk) in the business can be given in the form of an event model (ELT), or an event occurrence table (YLT) can be further generated on the basis of the event model. All event information is recorded in the form of an array, and the data at the corresponding position of each array forms a piece of YLT data, which records in detail the loss value caus...

Examples

Embodiment Construction

[0025] Some implementations involve figure 1 The catastrophe insurance loss redistribution module of , the creation method of this type of module includes the following steps:

[0026] Create a number of risk source nodes participating in the merger and a number of first contract nodes to be associated with the risk source nodes participating in the merger;

[0027] At least one split component is created and associated with at least one first contract node, the split component being configured to:

[0028] Define the risk source nodes participating in the merger and the risk destination nodes after splitting;

[0029] Each split risk destination node is associated with a second contract node associated with a certain risk source node or certain risk source nodes.

[0030] Wherein, the term "module" generally includes any collection of executable codes and data that can be loaded into memory and run, and may be a component of large program instructions, and may include compo...

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