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2006 Press Releases
Find EQECAT press releases and company news from 2006.
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November 2006
Credit Union Central Of British Columbia to Use EQECAT's WORLDCATenterprise Earthquake Modeling
EQECAT, today said Credit Union Central of British Columbia, have signed a licensing agreement to use EQECAT's CanadaQuake™ model, part of its WORLDCATenterprise™ catastrophe management software suite.
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October 2006
EQECAT, announced today the release of its upgraded Germany Flood model, part of its EuroFlood™ platform, enabling the European and international insurance industry to manage more effectively exposures from river and non-river floods in every postal code across the nation.
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September 2006
EQECAT, announced today that during the first eight months of 2006 it conducted seven risk analysis projects for catastrophe bond transactions totaling $1.9 billion.
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August 2006
EQECAT said today that the Inter-American Development Bank (IDB) has signed a contract for a catastrophic risk analysis project focusing on Bolivia, Guatemala, Peru and Jamaica.
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June 2006
EQECAT announced today the release of its updated WORLDCATenterprise™ optimized platform, known as version 3.8, which includes model updates for the perils of earthquake and tropical cyclone in a number of countries including the United States, and enhanced software functionality.
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May 2006
EQECAT plans to release in late June an upgraded version of its German flood model, part of its EuroFlood™ platform, enabling the European and international insurance industry to more effectively manage flood exposures.
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May 2006
EQECAT today announced the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) has unanimously re-certified EQECAT's Hurricane model for use in Florida.
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April 2006
EQECAT said today that Commonwealth Insurance Company has signed a licensing agreement to use EQECAT's WORLDCATenterprise™ platform and XML interface technology to create an integrated catastrophe management system.
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April 2006
Hurricane Forecast Increases Importance Insurers Place On Catastrophe Risk Models, EQECAT Says
The widely accepted forecast of more frequent and severe hurricanes in the Atlantic Ocean, Caribbean Sea, and Gulf of Mexico for the next decade or more is increasing the importance that insurers, reinsurers, corporations, and government entities are placing on catastrophic risk models, Rick Clinton, President, EQECAT has told clients in advance of the 2006 hurricane season which starts June 1.
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March 2006
Gallagher Re Signs Licensing Agreement For Use Of EQECAT’s WORLDCATenterprise™ Modeling Capabilities
EQECAT said today Gallagher Re, a leading reinsurance intermediary, has signed a licensing agreement to renew use of EQECAT's USWind, USQuake and US Winter Storm models, part of the WORLDCATenterprise™ catastrophe management software suite, to better manage client portfolio exposures to these perils.
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February 2006
EQECAT said today Caisse Centrale de Rèassurance (CCR), one of the world's leading reinsurers, has chosen EQECAT's WORLDCATenterprise™ catastrophe management software to enhance their assessment of catastrophe risks in several European countries and Japan.
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January 2006
SCOR Selects EQECAT’s WORLDCATenterprise™ Software for Worldwide Catastrophe Modeling
EQECAT has chosen EQECAT's WORLDCATenterprise™ catastrophe management software to enhance their assessment of catastrophe risks in 88 countries.