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News from Simplitium, TransRe, Grinnell Mutual and more. News from Simplitium, TransRe, Grinnell Mutual and more. (Photo: Shutterstock)

Simplitium, a global financial services technology provider, has signed an agreement with Chedid Re to use CatRisk Solution’s Middle East and Africa earthquake model on ModEx. ModEx is the multi-peril catastrophe risk modeling platform operated on the Oasis Loss Modeling Framework.

TransRe has acquired the exclusive renewal quotation rights to all of Maiden Re’s U.S. treaty customers from their diversified business (which does not include reinsurance assumed from AmTrust) and has hired the U.S. treaty team from Maiden Re. TransRe will immediately offer renewal quotations on this treaty book of business, which is focused on regional property & casualty, accident and health and personal auto insurers.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected]

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