The services provided by CatVest Petroleum Services LLC can be broken down into a number of categories which are detailed below. Additional to these core service offerings, CatVest Petroleum Services LLC can offer consultancy and expert opinion on many issues pertaining to energy re/insurance modelling and offshore energy risk assessment and transfer. Please contact us to explore how we can assist you.
CatVest EnergyRisk
The CatVest EnergyRisk Model is a suite of modelling functions which allow for accurate estimation, analysis, calculation and indexing of catastrophic losses in the offshore and onshore oil and gas energy facilities around the world.
The unique algorithms within the patent pending CatVest EnergyRisk Model are tailored specifically for the purposes of creating industry loss indices for the energy sector against which industry-loss warranties (ILW’s) and insurance-linked securities (ILS) can be structured and triggered.
Read more about CatVest EnergyRisk
CatVest SpillRisk
The most extensive spill and damage data sets in the world are integrated with world class modeling for parametric sensitization and identification of long-tail risks.
The SpillRisk model is perfectly suited to creation of parametric triggers which can be used to structure insurance-linked security transactions for oil spill risk.
Read more about CatVest SpillRisk
Risk modelling and analysis
CatVest Petroleum Services provides the leading risk modelling and analysis service for both onshore and offshore comprehensive energy risks and oil spill risks. Our suite of modelling tools and world-leading expert modellers can provide the insight and granular analysis into the risks your or your clients face.
Our modelling is particularly relevant for creation of insurance-linked security and industry-loss warranty transactions, but also applicable to broader reinsurance risk modelling for the energy sector.
Contact us with any risk modelling or analysis enquiries
Design of risk transfer structures and triggers
CatVest Petroleum Services LLC are experts in the design of risk transfer structures and the necessary loss triggers, attachment points and exhaustion points for any energy or oil spill related insurance-linked securities or industry-loss warranties. Our understanding of the most appropriate structures and triggers to use for specific categories of risk, alongside our proprietary patent pending models EnergyRisk and SpillRisk makes us the perfect partner for any energy risk capital market risk transfer efforts.
Our experts can play a key role in the design and modelling of ILS and ILW transactions for energy and oil spill risks. We can also help companies assess and better understand their exposures and explore potential options for securitization or risk transfer of energy risks.
We are expert at the creation of parametric triggers, industry loss index modelling, modelled loss calculation services and design of structures such as per-occurrence, aggregate multi-year coverage.
CatVest can provide full risk transfer structuring and arranging services or work closely with your broker or structuring and arranging firms.
Contact us with any risk transfer & trigger design enquiries
Calculation agent services
CatVest Petroleum Services LLC can provide calculation agent services for any risk transfer transaction, be that through index-based triggers, parametric triggers or even indemnity losses. CatVest works with world renowned experts in the field of energy risk assessment and quantification and also with the world’s leading sources of loss data. We can tailor calculation services to every type of transaction and have even gone so far as to assess losses in the field.
Contacts us with any calculation agent service enquiries
Reinsurance program analysis and modelling
CatVest Petroleum Services LLC can work with insurance, reinsurance and broking companies to help them better understand and quantify the exposures of their own portfolios of energy risks and their clients. We can work with our clients to help better price energy reinsurance coverage, quantify the true potential for oil spill damages (depending on many factors including environmental and geographic), gain a better picture of their exposures and assess whether risk transfer could complement their re/insurance coverage.
We can also work directly with energy companies to help them better understand their risks and exposures to help them become fully covered.
Contact us with any reinsurance analysis and modelling enquiries