| Case Studies |
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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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| RADIAN COMMUTES $12.9BN BOND REINSURANCE PORTFOLIO |
| Industry News | |
| Wednesday, 25 January 2012 | |
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The Radian Asset Assurance financial guaranty insurance unit of Philadelphia-based Radian Group has entered into a deal with Bermudian bond insurer Assured Guaranty under which a $12.9bn bond portfolio reinsured by Radian Asset has been commuted. Radian is narrowing its focus to mortgage insurance. Radian will pay Assured $86m in connection with the commutation and will also cede $1.8bn of public finance business. Additionally the agreement calls for Assured to acquire Radian's Municipal and Infrastructure Assurance financial guaranty unit for $91m. Radian chief executive SA Ibrahim said that the deal would increase Radian Asset's statutory capital by $100m in the first quarter of 2012. Radian agreed to the deal as it seeks to boost its share of the mortgage insurance market following the recent bankruptcy filing of rival PMI Group.
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| Last Updated ( Thursday, 01 March 2012 ) | |
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