| Case Studies |
|---|
|
Scyllogis Consulting have been helping customers within the Insurance sector continue to achieve significantly higher levels of business performance from their data management programmes and information systems since 2001. Read how we have worked with some of these customers to achieve significant business results across the world, in our case studies. |
| Consulting Expertise |
|---|
|
Insurance organisations today are no more effective at delivering on large-scale data management initiatives than they were 10 years ago. In a recent survey, 70% of the companies said their data management initiatives did not deliver the expected results. That success rate was unchanged from similar surveys conducted in the 1990's. And the environment for data management is only getting more complex.....
Read more |
| Our People |
|---|
|
At Scyllogis Consulting all of our consultants have significant experience gained from within the Insurance market. Our people and our culture are our greatest assets. We only select people with relevant experience, intelligence, integrity, passion and the ambition to make a mark and deliver to our Customers the Scyllogis brand values of practical, results based consultancy. Our Consultants are pragmatic and open minded. That is why we deliver solutions that others dont..... Read More
|
| Weather | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
||||||||||||||||||||||
| Latest News from Lloyds of London | |||||
|---|---|---|---|---|---|
|
| Follow us on: |
|---|
|
|
| Search |
|---|
| Legal Information | |
|---|---|
|
| LOWER TRANCHES OF CRYSTAL CREDIT WILL LOSE MONEY |
| Industry News | |
| Wednesday, 11 January 2012 | |
|
Rating agency Standard & Poor's has confirmed that investors in tranche B (€81min size) and tranche C (€63m) of credit insurance securitization Crystal Credit are not going to receive all of their money back. S&P said that investors are likely to receive back less than half of their investment, with aggregate ceded losses now standing at €771m. The trigger point for the class B notes is a loss of €729m. S&P downgraded both the class B and class C notes to 'D'. The class C notes, with a trigger point of €666m, will almost certainly be a total loss for investors. The class A notes (€108m) were redeemed in April 2011. Crystal Credit was a €252m securitization deal in 2008 that protected Swiss Re against credit reinsurance underwriting losses in 2006, 2007 and 2008. Proof of loss will be delivered in April this year.
|
|
| Last Updated ( Thursday, 16 February 2012 ) | |
| World Times |
|---|
|
|
| Insurance News | |
|---|---|
|
|
|
|
| News Archive |
|---|