Introduction to Oracle Insurance Loss Modeler Application Pack

The application projects future cash flows based on the various actuarial methods. The output of the application is useful in different processes such as Capital Modeling, Business Planning, Reserving, AvE, IFRS17 computation, and so on.

The overall application is segregated into two parts; the Landing Page and the Projection Page. The Landing Page is a dashboard that summarizes the Key Performance Indicators such as GWP, Exposure, Losses, Loss Ratios, Major Drivers, Incurred Loss Frequency and severity, etc. with an option to customize and view them at Business Unit, LoB, Product, Sub Product, and further coverage levels.

The Projection Page facilitates the working space for the Projection Calculation under various approaches such as Chain Ladder, BF, etc. at Business Unit, LoB, Product, Sub Product, and further coverage levels.