| 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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| TOUGHER RESERVE REQUIREMENTS HIT AEGON |
| Industry News | |
| Tuesday, 17 August 2010 | |
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Netherlands-based Aegon saw its share price decline this morning after it revealed that tougher reserve requirements had caused a €700m ($896m) decline to €3bn in capital above that required by rating agency Standard & Poor's. Aegon CEO Alex Wynaendts said that this level remained a "solid buffer". The assurer recorded underlying pre-tax earnings of €1.01bn for the first half, up from €317m in the same period last year. The return on equity increased to 9.6% from 2.1%. Aegon is continuing to look for "a suitable buyer" for US operation Transamerica Re as it seeks to allocate its capital more efficiently. In addition, Aegon will be increasing its equity hedging of its back book of variable annuities in the US, and would continue to shift its focus to fee-based business from spread-based products.
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| Last Updated ( Wednesday, 01 September 2010 ) | |
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