HG Re selects Clearwater Analytics to enhance performance attribution and risk analytics

HG Re Ltd. has selected Clearwater Analytics, a provider of SaaS-based investment management, accounting, reporting, and analytics solutions, to enhance its investment performance measurement and risk analytics capabilities.

This implementation aims to provide HG Re with advanced tools to support data-driven investment decisions and improve portfolio oversight.

Through the adoption of Clearwater, HG Re is looking to streamline its operations and gain more direct control over investment performance and risk management, ultimately reducing its reliance on custodial and external service providers.

The solution offers real-time access to portfolio insights, including risk assessment, performance attribution, shock analysis, and scenario modelling.

Gerhard Lubbe, Chief Financial Officer, HG Re, commented, “In today’s dynamic market environment, we needed sophisticated capabilities to navigate uncertainty and manage risk effectively.

“Clearwater’s comprehensive platform delivers real-time insights and advanced analytics, enabling us to respond quickly to market shifts while maintaining precise control over our portfolio’s risk exposure.

“This technology empowers us to shift from reactive to proactive risk management while ensuring our investment strategies align with our risk parameters.”

Kirat Singh, President, Risk and Alternative Assets, Clearwater Analytics, added, “We’re seeing a clear trend across our global clients seeking technology solutions that provide deeper insights into risk and performance.

“As market conditions become increasingly complex, our advanced risk and performance attribution capabilities help leading organisations like HG Re assess market impacts, conduct scenario analysis, and make data-driven decisions that optimise their portfolio performance while maintaining strong risk management practices.”

Earlier this month, Great Britain’s government-backed terrorism reinsurer, Pool Re, also chose Clearwater Analytics to modernise its investment operations, accounting, and risk management infrastructure.

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