Moody’s Analytics, a subsidiary of American company Moody’s, has launched an asset-liability management solution for insurance companies.

The new solution, called RiskIntegrity Investment Insight, leverages Moody’s Analytics’ data and modelling capabilities.

It is aimed at helping insurance companies build investment portfolios and better evaluate their investment strategies across several business metrics while being aware of liabilities.

Moody’s Analytics said that insurers face challenges such as not being able to assess the impact of alternative asset classes, reducing the operational risk of maintaining complex data and models and adapting to regulatory change.

RiskIntegrity Investment Insight seeks to address these issues challenges by offering analytics and reports on demand.

It can be used by asset management teams to develop investment strategies and use filters to focus on their objectives and risk profile.

Moody’s Analytics senior director Phil Mowbray said: “Insurers are looking for control and visibility of the economic assumptions and scenarios embedded in their investment process. They need to be able to quickly assess the impact of investment decisions across a range of business metrics – economic, capital, and liquidity.

“RiskIntegrity Investment Insight will help insurers to perform strategic asset allocation, make better investment decisions, and take more control of their investment process.”

Earlier this year, Moody’s finalised a deal to buy the insurance business of Daily Mail and General Trust, RMS, for $2bn.

The catastrophe risk-management and modelling firm strengthens Moody’s climate risk business.