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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. |
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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.....
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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
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| PERILS PUTS WINDSTORM JOACHIM INSURED LOSSES AT €300M |
| Industry News | |
| Wednesday, 01 February 2012 | |
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The insurance industry will see losses of about €300m ($393m) as a result of windstorm Joachim, which struck parts of France, Switzerland and Germany between December 15 and December 17 2011, reports Zurich-based European loss aggregator Perils. Most of the damage caused was in France. The estimate does not include any losses indemnified by the French CatNat government scheme. Europe suffered eight windstorms within a month at the back-endof last year, but Joachim is the first officially to reach Peril's loss-reporting threshold of €200m. Windstorms Xaver, Yoda and Friedhelm did not reach the threshold, Perils confirmed last week. It will make a later announcement on windstorms Patrick (aka Dagmar), Ulli and Andrea. The last is almost certain to reach the loss-reporting trigger, with insured costs in Germany alone estimated at between €200m and €400m. Joachim took a more southerly path than the other storms and was the only one to cause significant damage to France. Artemis noted that catastrophe bonds Atlas VI (Scor), Queen Street IV (Munich Re) and Tramline Re (Amlin) could see Joachim as a "qualifying event".
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| Last Updated ( Wednesday, 07 March 2012 ) | |
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