Germany’s Generali Deutschland insurance group has signed a multi-year license agreement to use Conning’s GEMS Portfolio Analyzer to support the development and control of its investment strategy.
GEMS Portfolio Analyzer integrates Conning’s economic scenario generator GEMS with investment and management decision modules.
Generali Deutschland will use GEMS Portfolio Analyzer to model a complete extendable range of asset classes, including Pfandbriefe and provide clients with capabilities to model multiple investment portfolios and dynamic asset allocation strategies as well as variable annuity hedging, pension management strategies and risk attribution.
According to the company, portfolio managers can benefit from a set of financial instruments such as floating rate notes, interest rate swaps, interest rate derivatives, inflation-linked derivatives and equity derivatives for their modeling needs.
Generali Deutschland Strategic Investment Planning Marina Hartmann said that the GEMS Target Parameterisation Tool helps provide comprehensive and powerful analytical capabilities.
Generali Deutschland has a premium income of more than EUR16.2bn and over 13.5m customers.