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OpenPages and ABS Consulting Team to Provide Comprehensive Operational Risk Management Data Solution
November 14, 2006
ABSG Consulting Inc. ("ABS Consulting") through its division ABS Corporate Solutions and subsidiary, EQECAT, Inc. and OpenPages announced today an alliance that will provide organizations with a complete enterprise risk management framework for understanding the breadth and depth of business risks.


 

Credit Union Central Of British Columbia To Use EQECAT's WORLDCATenterpriseT Earthquake Modeling
November 9, 2006
EQECAT, Inc., the leading authority on extreme-risk modeling, and analysis for catastrophe bonds and other insurance-linked securities, today said Credit Union Central of British Columbia (Central), the credit union system’s trade association and central banker and its captive insurer CUPP Services Ltd. in British Columbia, have signed a licensing agreement to use EQECAT’s CanadaQUAKE™ model, part of its WORLDCATenterprise™ catastrophe management software suite, to optimize insurance placements and evaluate system risk. Financial terms of the agreement were not disclosed.


 

EQECAT Opens Help Desk For North American Users
November 1, 2006
EQECAT opened its Help Desk for North American software users on November 1, 2006. The Help Desk toll free number is 1-866-343-6137 (international line: 1-718-252-6404) and the hours are from 8:00 am to 5:00 pm eastern standard time, Monday to Friday.


 

EQECAT Releases Upgraded Germany Flood Model - Model Provides Sophisticated Tool To Assess River, Non-River Flood Exposure In All Postal Codes
October 3, 2006
EQECAT, Inc., the authority on extreme-risk modeling, 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.


 

EQECAT Provided Risk Analysis Support For $1.9 Billion Catastrophe Bond Transactions In First Eight Months Of 2006
September 12, 2006
EQECAT Inc., an affiliate of ABSG Consulting Inc. (“ABS Consulting”), and the leading authority on extreme-risk modeling, and analysis for catastrophe bonds and other insurance-linked securities, announced today that during the first eight months of 2006 it conducted seven risk analysis projects for catastrophe bond transactions totaling $1.9 billion.


 

Inter-American Development Bank Signs Contract With ABS Corporate Solutions, EQECAT For Catastrophic Risk Analysis Project
August 21, 2006
ABS Corporate Solutions, and its affiliate EQECAT, Inc., 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.


 

EQECAT Announces Release of WORLDCATenterprise™ Version 3.8
June 14, 2006
Expands Modeling Capabilities for Earthquakes and Tropical Cyclones.


 

EQECAT Plans Release Of Upgraded German Flood Model - Fully Probabilistic Model To Be Released In Late June 2006
May 24, 2006
EQECAT, Inc., the authority on extreme-risk modeling, 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 there, James Webb, EQECAT product manager, told clients at EQECAT's 2006 Catastrophe Management Conference this week, in Amsterdam, The Netherlands.


 

EQECAT Hurricane Model Re-Certified By Florida Commission On Hurricane Loss Methodology - EQECAT Model Certification Is Ninth Consecutive
May 19, 2006
EQECAT, Inc., the authority on extreme-risk modeling, today announced the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) has unanimously re-certified EQECAT’s Hurricane model for use in Florida.


 

Commonwealth Insurance Company and EQECAT Join Forces to Create an Integrated Catastrophe Management System (ICMS™)
April 17, 2006
EQECAT, Inc., the leading authority on extreme-risk modeling, said today that Commonwealth Insurance Company, a leading Canadian-based insurance provider, has signed a licensing agreement to use EQECAT's  WORLDCATenterprise™ platform and XML interface technology to create an integrated catastrophe management system.


 

Hurricane Forecast Increases Importance Insurers Place On Catastrophe Risk Models, EQECAT Says
April 3 , 2006
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, Inc., the authority on extreme-risk modeling, has told clients in advance of the 2006 hurricane season which starts June 1.


 

Gallagher Re Signs Licensing Agreement For Use Of EQECAT’s WORLDCATenterprise™ Modeling Capabilities
March 9, 2006
EQECAT, Inc., the leading authority on extreme-risk modeling, said today Gallagher Re, a leading reinsurance intermediary, has signed a licensing agreement to renew use of EQECAT’s USWind, USQuake and US WinterStorm models, part of the WORLDCATenterprise™ catastrophe management software suite, to better manage client portfolio exposures to these perils.


 

Caisse Centrale De Rèassurance Selects EQECAT’s WORLDCATenterprise™ Software For Worldwide Catastrophe Modeling
February 28, 2006
EQECAT, Inc., the leading authority on extreme-risk modeling, 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.


 

ABS Group's Energy Division Hosts Free Gulf of Mexico Hurricane Risk Management Seminar March 1, 2006
January 23, 2006
ABS Group's Energy Division is hosting a free one-day Gulf of Mexico hurricane risk management seminar for oil and gas producers and service companies on March 1, 2006, at the JW Marriott hotel in Houston.


 

SCOR Selects EQECAT’s WORLDCATenterprise™ Software For Worldwide Catastrophe Modeling
January 17, 2006
EQECAT, Inc., the leading authority on extreme-risk modeling, said today that SCOR, one of the world's leading reinsurers, has chosen EQECAT’s WORLDCATenterprise™ catastrophe management software to enhance their assessment of catastrophe risks in 88 countries.


EQECAT In the News

 

"Modelling Offshore " Catastrophe Risk Management
September 2006
Anu Sandhu and Robert Sheppard co-authored this article regarding the offshore risk in the Gulf of Mexico region.


 

"Guy Carpenter, EQECAT Launch New Sea Surge Model for France, Sweden" Journal Insurance
September 5, 2006
Collaboration between Guy Carpenter & Company, Inc. and EQECAT to develop a model to calculate sea surge losses in key coastal regions of France and Sweden.


 

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