Scope and Purpose of RDRS
The Risk Data Reporting Standards (RDRS) define how insurance- and asset-related risk data is captured, structured, normalized, validated, and reported within the platform.
RDRS establishes a consistent framework for transforming documentation-backed insurance data into standardized metrics suitable for analysis, aggregation, and market-facing use.
Objectives
RDRS ensures that all reported data and derived metrics are:
- Consistent — Uniform across assets, geographies, products, and reporting periods
- Transparent — Clear with respect to methodology, assumptions, and limitations
- Comparable — Aligned across carriers, brokers, coverage types, and policy structures
- Fit for purpose — Suitable for both internal risk analysis and external market use
Scope
These standards apply to:
- All system-generated metrics derived from captured data
- All indices, comparative tables, and aggregated outputs displayed in or exported from the Market Terminal
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