Effisoft’s worldwide revenues reached €13.6 million ($14.6 million) in 2016, up 6 percent from 2015, as demand for Effisoft’s reinsurance, risk management and Solvency II software and services continued to grow.
We wish you our best wishes for 2017!
In regards to reinsurance Solvency II of particular interest to cedents and should provide insurance companies with improved economic management.
Growth of ceded reinsurance management system and Aon alliance spur move to new space
Catastrophe bonds are an increasingly important form of risk transfer for insurers. Cat bonds are a peculiarity of the US reinsurance market, where about 125 to 200 natural disasters occur yearly. The cat bond market has been growing steadily for the past ten years, and ceded reinsurance systems should include features needed to manage these reinsurance bonds.
The AIRMIC held one of the most important event of 2016 for the insurance and risk management industry in Harrogate.