i lavori dello statistico: swiss re corporate solutions · i lavori dello statistico: swiss re...
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I lavori dello statistico:Swiss Re Corporate SolutionsSilvia Catalano (HR Manager Italy)Nicola Linguerri (Head Underwriting Center Marine)Il museo dà i numeri - 6 Aprile 2016
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
What Swiss Re does
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Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Reinsurers are shock absorbers for large catastrophes
2001: World Trade CentreReinsurers cover 50%~60% of the insured losses1
2005: Hurricane Katrina, Rita and WilmaReinsurers cover 35% of the insured losses
2010: Earthquake ChileReinsurers cover 95% of the insured losses
2011: Earthquake New ZealandReinsurers cover 70% of the insured losses
2011 Costa ConcordiaReinsurers cover over 70% of the insured losses
1) Based on Holborn, 2009 Katastrophen Schäden
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Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
«This has only been made possible by the insurers.They are the ones who really built this city. With no insurance, therewould be no sky-scrapers. No investor would finance buildings that
one cigarette butt could burn to the ground.»
Henry Ford, referring to New York City in the early 20th century
Re/insurance enables entrepreneurial risk taking
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
We identify and evaluate risk
Climate change identified as emerging riskalmost 20 years ago
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
We select and take risk
Insurance of single risks (e.g. industrial plants) orentire portfolios of risk (e.g. motor insurance portfolio)
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
We transfer and trade risk
Securitization of earthquake and hurricane risks
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
We share our knowledge on risks
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Swiss Re at a glance
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Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Swiss Re GroupOverview
Reinsurance Corporate Solutions
Swiss Re Group
Life Capital
Current position
Strategic goal
Current position
Strategic goal
Current position
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Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Swiss Re is broadly diversified
EMEA AsiaAmericas
44% 34% 22%
Swiss Re Group net premiums earned 2015: USD 30.2bn
USD 13.2bn USD 10.3bn USD 6.7bn
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Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Your opportunity
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
What are the possibilities which Swiss Re offers tostatisticians?
• Smart analytics is an areaof innovation that will driveboth evolutionary andtransformational changesin knowledge economies
• At Swiss Re, we have alreadybegun to build analyticscapabilities that help us toimprove the efficiency of ouroperations and deepen ourclient, market and risk insights
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Swiss Re needs basic analytics capabilities…
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• Descriptive analytics: youcan analyse large amountof data and extract hiddenpatterns and correlations
• Predictive analytics: you can use pastor present data to make inferencesabout the future using modellingtechniques such as classification,clustering, regression, time seriesanalysis, neural networks and so on…
• Visualisation: explore moredata across multiple problemdimensions comes thechallenge of presenting thefindings in a way that userscan understand intuitively
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
… and Big Data techniques
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• The ability to explore a problem without having a predefined structure ordata model becomes increasingly important
• Data Mining
• Text Mining
• Machine Learning
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Swiss Re and SMID(Statistica Matematica e trattamento Informatico dei Dati)
• University
– SMID student from 2012 to 2015,bachelor degree 110/110 cum laude
– ETH student, master degree in“Statistics: Data Science” ongoing
• Swiss Re
– 6-months internship from Februaryto July 2015
– 60% temporary employee asBusiness Analyst Marine ongoing
• Andrea Mazza, one of the SMID students who is working for Swiss Re
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Additive Model Index - Forecast
2000 2005 2010 2015 2020
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Spider chartQualitative analysis
Level 1 Level 2 Level 3-4
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CEFOR Inflation - Accident Year
Additive Model 2012
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CEFOR Inflation - Accident Year
Additive Model 2015
Andrea’s statistical studies in Swiss Re and IUMI(International Union of Marine Insurance)
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016 18
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Thank you!
Silvia Catalano & Nicola Linguerri | Il museo dà i numeri - 6 Aprile 2016
Legal notice
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The information and opinions contained in the presentation are provided as at the date ofthe presentation and are subject to change without notice. Although the information usedwas taken from reliable sources, Swiss Re does not accept any responsibility for the accuracyor comprehensiveness of the details given. All liability for the accuracy and completenessthereof or for any damage or loss resulting from the use of the information contained in thispresentation is expressly excluded. Under no circumstances shall Swiss Re or its Groupcompanies be liable for any financial or consequential loss relating to this presentation.