Qatar Reinsurance Company LLC, the reinsurance arm of Qatar Insurance Company, has signed a multi-year license for Conning’s GEMS Economic Scenario Generator software. The platform is intended to enhance the company’s capital and risk modeling; GEMS ESG will be used as the stochastic driver of market and credit risk for the calculation of regulatory capital and for business planning purposes, Conning said.

Conning’s GEMS is an economic scenario generator that simulates future states of the global economy and financial markets using economic models, Conning said, offering full market risk and asset class coverage. Its financial models are designed to ensure that simulations offer realistic representation of extreme events, such as those that occurred in the 2008 financial crisis.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access