Aon, a leading global professional services firm, has announced the launch of Underwriting Analytics, a new capability within its Risk Analytics Platform that helps (re)insurers evaluate the impact of future risks on portfolios before capacity is deployed.

The solution enables clients to understand how new business would interact with existing accumulations, supporting underwriting, portfolio management and capital allocation decisions.

As insurers enter the reinsurance renewal season, Underwriting Analytics helps connect underwriting and reinsurance decisions, enabling clients to shape portfolios, deploy capital more effectively and underwrite with confidence.

"The challenge is not simply growing premium, but adding the right premium in a way that matches an insurer’s unique risk appetite and drives profitable growth is harder”, said George Attard, Chief Strategy Officer and Global Head of Analytics, Reinsurance, Aon.

Underwriting Analytics is delivered through Aon's Risk Analytics Platform, a model-agnostic environment that brings together catastrophe data, vendor models and Aon insight to help insurers better understand accumulations, align risk appetite and navigate volatility.

Working alongside Aon’s Event Analytics, the platform provides clients with a connected ecosystem of analytics capabilities through a single access point and will continue to expand with new capabilities focused on helping insurers better understand and manage digital infrastructure exposures, the press release said.