Through the Company’s management information systems, a link will be established between the database of claims and their impact on risks and treaty capacity of Saudi Re so that the management can predict exposure pricing curves for short tail and volatile business with relative ease. Saudi Re will also employ services of an experienced actuarial practice to calculate client specific and market specific IBNR and IBNERs for long tail business and will implement a cost accounting system that can identify production and processing costs per reinsurance product in each line of business.

Moreover, management will also put in place a comprehensive disaster recovery plan to ensure that Saudi Re is prepared for any calamity. One of the salient features of this plan will be that the Company will be able to recover all its data from a site outside the Gulf region.