P&V Group Chooses SAS Risk Management for Insurance

P&V Group has chosen SAS Risk Management for Insurance to provide a central, firm-wide risk reporting solution. SAS says the solution will help the organization obtain a consistent, quick view of the overall risk exposures across its insurance entities in a structured and auditable way.

SAS says P&V Group will be able to swiftly implement any new and future reporting requirements, including internal and Solvency II regulatory reports. SAS Risk Management for Insurance is designed to help companies implement the Solvency II standard model approach for calculating risk-based capital. The solution is built on a robust data management and reporting platform that integrates with the SAS insurance data model.

SAS says Risk Management for Insurance is an integrated, extendible solution to meet the evolving risk analysis needs of insurance companies. It enables insurers to not only comply with Solvency II requirements, but also gain competitive advantage from better risk-based business decisions.