Insurance Simulation
Insurance Simulation
Price policies, choose which risks to take, pay the claims. You can believe you are profitable for years and hand it all back in a single catastrophe.
β³ SoonThe Underwriting Dilemmas
This loop runs backwards: you take the money first and learn what it cost you years later.
Cheap Premiums vs Profit
A low price grows market share fast, and brings the bad risks along with it.
Write Everyone vs Be Selective
A wide book spreads risk. Being picky lowers the loss ratio and stops the growth.
Concentration vs Spread
Specialising in one region cuts your costs; one earthquake then hits the entire book at once.
Reinsurance vs Margin
Passing risk on keeps you standing in the catastrophe year and takes a slice of every normal one.
Fast Payouts vs Strict Review
Paying claims quickly earns a reputation; scrutinising them protects the money and loses the customer.
Underwriting Metrics
- Loss Ratio
- Combined Ratio
- Reserve Adequacy
- Book Diversity
- Reinsurance Cost
- Customer Churn
- Capital
Mobile app: The browser and mobile versions are both in development.