Daily Mail and General : DMGT Weekly, 18-22 January

22-01-2016

Hemant Shah is revealing that RMS is preparing to roll out its cloud-based catastrophe risk management system RMS(one) during 2016, dmg events is announcing the appointment of Matt Denton as the new President of its Middle East, Asia and Africa operations and Zoopla is partnering with the Ideal Home Show this spring, which is expected to attract more than 250,000 visitors.

RMS

Hemant Shah is revealing that RMS is preparing to roll out its cloud-based catastrophe risk management system RMS(one) during 2016, following an extensive period of 'addressing kinks' and fine-tuning the software. Speaking during the Property/Casualty Insurance Joint Industry Forum in New York, Shah explained that a lot of work has gone into making sure that 'the underlying technology platform is suitable not only for delivering our CAT models but can serve as a fundamental exposure management system for our clients.. This is what we have been working to make sure we get absolutely right before we release it broadly.'

Read the full article on carriermanagement.com

RMS is releasing its recently developed Cyber Exposure Data Schema, an 'open standard' data schema which will provide the insurance industry with a systematic and uniform way to capture cyber exposure data and manage cyber accumulation risk. The Schema was developed in collaboration with the Centre for Risk Studies at Cambridge University and with support from eight leading insurance and reinsurance companies, and is both model agnostic, and compatible with any exposure management system. Andrew Coburn, Senior Vice President, RMS, commented that the schema will provide 'a much-needed framework for the market to grow its cyber capacity safely.' The full four-part suite of tools is being released at the beginning of February.

Read the full story on rms.com

RMS is holding a webinar this week, on Thursday 21 January, to discuss the issue of vulnerability to inland flooding. RMS flood and vulnerability experts (Robert Muir-Wood, Chief Research Officer at RMS, and Navin Peiris, Senior Director, Model Development) will delve into the challenges of reconstructing inland flood events in real time and modelling the vulnerability of the affected properties. The webinar will take place from 4pm-5pm GMT.

Read the full story on rms.com

Hemant Shah, co-founder and CEO, Risk Management Solutions, is giving another interview, in the context of the Property/Casualty Insurance Joint Industry Forum held in New York last week. Asked about the fact that a major hurricane has not struck Florida for 10 years (the longest stretch since 1851), Shah goes on to explain that there have been plenty of other events, including Hurricane Sandy, which have kept the industry busy. The video interview can be watched here.

Read the full article at reuters.com

DMG INFORMATION

Genscape is forecasting that crude oil production in the USA will fall to 8.1 MMbpd (Million Barrels of Oil Per Day) by the end of 2016. Production in the USA peaked at 9.6 MMbpd in April 2015, falling to 9.2 MMbpd by December, and Genscape expects these declines to continue in 2016. There was a reduction in rig counts of 75 rigs in the last 2 weeks of 2015, and Genscape's 2016 North American Crude Oil Production Forecast predicts that 386 rigs will be dropped over the next six months, hitting a low of 384 active rigs in July 2016.

Read the full article on pgjonline.com

Cheniere Energy is revealing that its first cargo of liquefied natural gas from its new Louisiana export terminal will be delayed by as much as two months because of faulty wiring, with the first LNG cargo now expected to be shipped in February or March. Ted Michael, an LNG analyst for Genscape, commented in a telephone interview: 'It's the problem with any large-scale project. These sorts of delays just aren't avoidable given the complexity of the operation.'

Read the full article on insidetrade.co

SearchFlow, part of dmgi land&property, is commenting on HMRC's UK Property Transaction Data, released on Thursday 21 January, showing a 1.9% increase in market activity between November 2015 and December 2015, and a 11.6% increase compared to the same time the previous year. Maud Rousseau, Group Marketing and Communications Director, believes that with a buoyant housing market, high consumer confidence and a likelihood that interest rates will not rise this year, 2016 will be a positive year for the industry.

Read the full article on searchflow.co.uk

SearchFlow, part of dmgi land&property, is unveiling its new brand identity and website as it brings further innovative conveyancing search solutions to the market. The rebranded website will include a new search ordering platform, incorporating a new case management screen, new icons and notifications, and a new risk highlighting matrix on the search ordering page, powered by Landmark Information Group's relevancy tool. Greg Bryce, Managing Director of SearchFlow, comments: 'Our rebrand marks the start of an exciting year in which we will continue to deliver new services and products to meet the changing requirements of the wider property sector.'

Read more on searchflow.co.uk

Following a successful market-testing phase, Landmark Information Group is announcing the launch of RiskView Residential, the first conveyancing report to deliver total environmental due diligence to solicitors and their clients that includes an online viewing platform to visually 'bring to life' the findings via an interactive digital map. In one single order, RiskView Residential presents the findings previously provided in four separate reports: Flood Risk, Contaminated Land, Ground Hazards, and Energy & Infrastructure.

Read the full story on landmark.co.uk

DMG EVENTS

dmg events is announcing the appointment of Matt Denton as the new President of its Middle East, Asia and Africa operations, his appointment coming as part of the company's global expansion. Matt first joined dmg world media in 1998 as Head of Marketing for the UK consumer shows, and after a stint with Turret, where he gained experience in Dubai as the company's Commerical Director, he returned to dmg events Middle East and Asia as VP, handling The Big 5. He moved to dmg's USA operation as President before taking up his latest role. Matt expressed his excitement at returning to the UAE with dmg events, where he looks forward to building on the company's recent exponential growth.

Read the full story on dmgeventsme.com

EUROMONEY INSTITUTIONAL INVESTOR

Mexico's finance minister, Luis Videgaray, sought to allay fears over a sharp slowdown in the emerging markets in his keynote address last Thursday to the top executives of Latin America's leading corporations (such as Pemex) at LatinFinance's 6th annual Awards Dinner in New York. Videgaray, one of three finance ministers present at the gala dinner, pointed to the gains brought by comprehensive economic reforms in Mexico and other countries in the region, in a speech to over 300 of the leading players in the financial markets of Latin America and the Caribbean. Awards for excellence in the region's financial and capital markets were announced at the event, which highlighted - at a time of heightened global market anxiety - the innovation and resourcefulness brought to the market by some of the region's most dynamic companies, and served as a welcome respite from an otherwise gloomy start to the year for many on Wall Street.

See the full list of winners on latinfinance.com

JVS AND ASSOCIATES

As OnTheMarket's first anniversary approaches, Zoopla is revealing that a 'record number' of agents have rejoined its platform from OTM. Zoopla also says it has delivered record levels of appraisal leads to its agent members in 2015, a 42% increase year-on-year. Zoopla Head of Comunications Lawrence Hall commented: 'Vendors and landlords are increasingly using our websites to identify and select local agents. Though our unique products we help our members win more business, and in the last two weeks alone have delivered instruction leads worth over GBP 10m in potential fees to our member agents.'

Read the full article on estateagenttoday.co.uk

Zoopla is partnering with the Ideal Home Show this spring, which is expected to attract more than 250,000 visitors. The event runs from 18 March to 3 April at London Olympia, and Zoopla will also be sponsoring The Ideal Super Theatre, which will host a wide range of experts and celebrity ambassadors. Gareth Helm, Chief Marketing Officer for Zoopla Property Group, commented: 'It is an epic property show running over 17 days and attracts a highly relevant property-interested audience which we are looking to engage with.'

Read the full story on estateagenttoday.co.uk