Reinsurance News

RMS signs consultancy agreement with Tunis Re

30th December 2021 - Author: Charlie Wood

Catastrophe risk modelling and solutions company RMS has signed a consulting agreement with Tunis Re to create an exposure and accumulation study, with a focus on Flood, Terrorism and other natural catastrophes.

RMS logoIt’s hoped the work will enable Tunis Re to increase monitoring of its exposures and further expand its risk management capabilities.

“To continue providing our valued clients with the excellent service to which they are accustomed, we continuously look for ways to stay ahead of our exposures and maintain exceptional risk management processes,” explained Lamia Ben Mahmoud, Chief Executive Officer at Tunis Re.

“Our strategic collaboration with RMS, who is highly regarded especially around flood, natural catastrophe and terrorism risks, will enable us to further develop a more comprehensive monitoring of these risks for the benefit of both our team and our clients and our other business partners.”

Vivek Bajaj, Managing Director Europe and Asia, RMS, added, “We are delighted to work with Tunis Re on this collaborative initiative.

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“We look forward to assisting them in furthering their awareness and knowledge of their exposures and supporting them as they embark on this journey.

“This demonstrates our commitment to continued development and growth in the important MENA region.”

Tunis Re is one of Africa’s leading regional reinsurers, underwriting both treaty and facultative solutions, non-life and life related.

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