Post On : October 19, 2023
At Indonesia Rendezvous 2023, MAIPARK opened a TELISIK audience session aimed at ceding companies. TELISIK provides an overview of the latest distribution of ceding company exposures and outlines the capabilities of the MAIPARK Catastrophe Model in simulating losses on ceding portfolios to recommendations for adequate protection schemes.
MAIPARK also offers other loss simulation services, both for renewal needs and/or Maximum Foreseeable Loss (MFL) simulation using the MAIPARK Catastrophe Model. Other services that can be utilized are the utilization of the SENA platform and also MAIPARK non-compulsory products, such as Facultative and Parametric products.
This activity was carried out for 3 days and was attended by 45 ceding companies. TELISIK is part of MAIPARK's vision and mission to increase knowledge and awareness of disaster risk management, as well as build healthy reinsurance capacity for the national insurance industry.