General Reinsurance Corp., a global P&C reinsurer, has selected AIR Worldwide’s Touchstone catastrophe modeling platform and the complete suite of AIR’s global catastrophe models. In addition, Gen Re has licensed the platform’s Hazard Analytics, Geospatial Analytics, and Data Quality Analytics modules.
Gen Re now is deploying Touchstone across its global insurance and reinsurance operations, AIR Worldwide said, including the Lloyd’s syndicate Faraday, Gen Re Cologne, Gen Re North America, Gen Re Fac and General Star. Touchstone will be used to support a range of risk management needs, from General Star’s underwriting of excess and surplus business, through Gen Re’s enterprise wide roll-up and reporting functions, AIR said.
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