Asset Liability Management (ALM) is a proven method to balance the long-term liabilities with the invested capital, thereby taking into account the macro-economic developments and national and international legislation and regulation. ALS Non-Life is our tailor-made ALM model for non-life insurance companies. It has been developed in particular for property & casualty and health insurers. Insurers want to be able to evaluate total balance sheet projections and profit & loss projections some years into the further. The Assets & Liabilities Scenario model for non-life insurance companies (ALS Non-Life) was developed with this purpose in mind. Using this advanced model, non-life insurers can answer questions such as:

• What is the optimal investment strategy?
• How can we refine the strategic asset mix and construct an actual asset portfolio?
• What is the impact of certain fluctuations in loss ratios and/or combined ratios on the development of the balance sheet?
• What kind of influence does the size and nature of new production and reinsurance programs have on the existing policy?
• What are the consequences of the Solvency II guidelines?

What is the impact of base- and worst case scenarios of an ORSA, and what is the impact of management actions?