Allianz looks to Algo for insurance risk support

Algorithmics is currently working with Allianz Group on an insurance risk management project designed to enable Allianz to calculate its risk capital across the entire group and meet its Solvency II requirements. According to Algorithmics, Allianz chose the Toronto-based vendor due to its portfolio replication and enterprise risk management expertise. SecondFloor, a Dutch IT project manager, will be working with Algorithmics on this project; SecondFloor is developing customised user interfac